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The WikiFX Score of this broker is reduced because of too many complaints!

OmegaPro

United Kingdom|5-10 years|
Suspicious Regulatory License|Regional Brokers|High potential risk|

https://www.omegapro.world/

Website

Rating Index

Influence

Influence

A

Influence index NO.1

Colombia 6.71

Surpassed 41.51% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

support@omegrapro.world
https://www.omegapro.world/
P.O Box 1510 Beachmont Kingstown St. Vincent And The Grenadines
https://www.facebook.com/OmegaProOfficial/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Danger

EE FSA
2022-03-30

Danger

MU FSC
2022-01-20
INVESTOR ALERT: OMEGAPRO PLC
OmegaPro
Omegapro Forex Trade
OmegaPro Forex

Broker Information

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Warning: Low score, please stay away! 2
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 71 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

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Pyramid scheme complaint
Expose
Unable to withdraw

SCAM

I was scammed by this company that calls itself Omegapro in 2022. I made a painful investment and they passed us on to the brokergroup with lies and false stories of hacks and inconsistencies on the platform and false statements that payments were going to be made, which never happened; I am asking for help to recover my money since I am going through a very difficult situation and I need my talk.

2024-03-26 23:17
Unable to withdraw

I invested in OmegaPro 3 years ago and I can't withdraw

I entered OmegaPro in February 2021 through a friend who worked there, she said she was earning good money, since I knew absolutely nothing about online investments, I trusted her, I invested 1000 dollars and supposedly after 8 months I had to withdraw double and if I continued after 16 months I would triple my withdrawal which was false because I was never able to withdraw until today, when I contacted my friend again, she told me that they had been hacked and that they had to change everyone's passwords and that the funds were frozen, that it was not being operated and they transferred us to a broker called "broker group", where supposedly the traders again began to operate so that our money could generate profit and then withdraw, but to this day I cannot withdraw anything, not even knowing how much money I have earned, I was looking at the "broker group" and my last closed operation was in January 2023, I mean I was no longer touching my money, nor do they let me withdraw it.

2024-03-01 06:47
Unable to withdraw

INABILITY TO WITHDRAW

I WANT TO INFORM YOU THAT INERVTI IN THIS OMEGAPRO PLATFORM, AFTER A TIME I SWITCHED TO A BROKER GROUP FOR A MAINTENANCE ISSUE ON THE PLATFORM, TO DATE I CAN ONLY SEE THE MONEY AND I CANNOT MAKE IT EFFECTIVE, I WOULD LIKE YOU TO HELP ME CARRY OUT THE WITHDRAWAL FROM THE BROKER GROUP PLATFORM, I ATTACH THE PHOTOGRAPHS OF MY USER AND I CANNOT UPDATE MY PROFILE, WITHDRAWAL HAS BEEN IMPOSSIBLE, I LOOK FORWARD TO PROMPT ATTENTION THANK YOU VERY MUCH

2024-03-13 05:24
Unable to withdraw

I invested in OmegaPro 3 years ago and I can't withdraw

I entered OmegaPro in February 2021 through a friend who worked there, she said she was earning good money, since I knew absolutely nothing about online investments, I trusted her, I invested 1000 dollars and supposedly after 8 months I had to withdraw double and if I continued after 16 months I would triple my withdrawal which was false because I was never able to withdraw until today, when I contacted my friend again, she told me that they had been hacked and that they had to change everyone's passwords and that the funds were frozen, that it was not being operated and they transferred us to a broker called "broker group", where supposedly the traders again began to operate so that our money could generate profit and then withdraw, but to this day I cannot withdraw anything, not even knowing how much money I have earned, I was looking at the "broker group" and my last closed operation was in January 2023, I mean I was no longer touching my money, nor do they let me withdraw it.

2024-03-01 06:42
Unable to withdraw

Omega Pro scam won't let me withdraw my money

Good morning, I need help. I have not been able to withdraw my money from the Omega Pro broker, which stated that they were affected by hackers and transferred all the funds to a broker called Broker Group and they let me withdraw my money. In this broker, the evidence appears that I have 3 accounts: 1. is with the user Edissonss which has 582 dollars2. Edissonss2 which has 1163 dollars 3. Edissonss3 which has 1543 dollars.Please help me get my money back. HELP PLEASE.

2024-01-22 00:20
Scam

I INVESTED $11,500 Mexican pesos in omega pro in 2022 and I have not seen my money back.

Exactly on May 10, 2022, I invested approximately 500 dollars, and with the promise they made me that my money would multiply, I did the entire money transfer process through Bitso. Approximately two months passed when I could no longer access my account and they told me to check my email, where they had sent me a new password to enter my account, but I never received that email, I even checked the spam folder, and nothing. After it became known about everything that happened with the supposed hacking, the page no longer loaded and they were undergoing an audit supposedly at the end of the audits, they were going to make the deposits, something that to date has never happened. The accounts that they were able to change their password, they were able to log in to another page called https://app.pulseworld.com/auth/login, supposed partner of omega pro, and which you could log in with your omega account, but I was never able to log in. And to this day I can't and I no longer know anything about my money.

2024-01-16 03:00

    OmegaPro · Company Summary

    OmegaPro Basic Information
    Company Name OmegaPro
    Founded 2019
    Headquarters United Kingdom
    Regulations Not regulated
    Tradable Assets Forex, Commodities, Stocks, Indices
    Account Types Starter, Bronze, Silver, Gold
    Minimum Deposit £250
    Maximum Leverage 1:500
    Spreads From 1.2 pips
    Commission Variable, depending on asset and account type
    Deposit Methods AdvCash, Bank Transfer, Bitcoin, UnionPay, Ripple Coin, MasterCard, USDT, Visa
    Trading Platforms WebTrader, MetaTrader 4 (MT4)
    Customer Support Telephone, Social Media
    Education Resources Webinars, eBooks, Video Tutorials
    Bonus Offerings None

    Overview of OmegaPro

    OmegaPro, established in 2019 and headquartered in the United Kingdom, is an online trading platform that offers access to various financial markets. While it provides traders with a diverse range of tradable assets, including forex, commodities, stocks, and indices, it is important to note that OmegaPro operates without any regulatory oversight. This lack of regulation raises concerns about the broker's transparency, security of funds, and adherence to industry standards.

    OmegaPro offers four distinct account types, each with varying minimum deposit requirements, leverage ratios, and spreads. These accounts cater to traders with different experience levels and risk tolerances. The broker's approach to spreads and commissions is flexible, allowing traders to choose trading conditions that align with their strategies. Moreover, OmegaPro provides educational resources such as webinars, eBooks, and video tutorials, which can be beneficial for traders looking to enhance their knowledge and skills.

    However, the absence of regulatory authorization is a significant drawback, as it can result in limited avenues for dispute resolution and potential risks to traders' funds. Therefore, traders considering OmegaPro should exercise caution, conduct thorough research, and carefully evaluate the risks associated with trading on an unregulated platform.

    basic-info

    Is OmegaPro Legit?

    OmegaPro is not regulated. It is important to note that this broker does not have any valid regulation, which means it operates without oversight from recognized financial regulatory authorities. Traders should exercise caution and be aware of the associated risks when considering trading with an unregulated broker like OmegaPro, as there may be limited avenues for dispute resolution, potential safety and security concerns regarding funds, and a lack of transparency in the broker's business practices. It is advisable for traders to thoroughly research and consider the regulatory status of a broker before engaging in trading activities to ensure a safer and more secure trading experience.

    regulation

    Pros and Cons

    OmegaPro offers a diverse range of trading instruments, including forex, commodities, stocks, and indices, providing traders with ample opportunities for portfolio diversification. The availability of flexible account types and leverage options caters to traders with varying experience levels and risk tolerances. Moreover, OmegaPro offers a collection of educational resources, such as webinars, eBooks, and video tutorials, which can assist traders in enhancing their knowledge and skills. However, it's essential to note that OmegaPro operates without regulatory oversight, which can raise concerns about fund safety and transparency. Additionally, higher-tier accounts require substantial minimum deposits, and there's an inactivity fee for dormant accounts, which may affect some traders. Therefore, prospective users should carefully weigh these pros and cons when considering OmegaPro as their trading platform.

    Pros Cons
    Diverse range of trading instruments Lack of regulatory oversight
    Flexible account types and leverage options Higher-tier accounts require substantial minimum deposits
    Educational resources available Inactivity fee for dormant accounts

    Trading Instruments

    OmegaPro offers a wide range of trading instruments in multiple asset classes:

    Currency Pairs: Traders can engage in forex trading with major, minor, and exotic currency pairs, capitalizing on exchange rate fluctuations.

    Commodities: OmegaPro provides access to commodities like gold, silver, crude oil, and natural gas, allowing traders to profit from price movements without owning physical assets.

    Stocks: The platform offers the opportunity to trade shares of top companies, enabling investors to benefit from corporate developments and market trends.

    Indices: OmegaPro allows traders to participate in the performance of broader markets by offering various indices representing specific regions, industries, or sectors.

    market-instruments

    Here is a comparison table of trading instruments offered by different brokers:

    Broker Forex Metals Crypto CFD Indexes Stocks ETFs
    OmegaPro Yes Yes No No Yes Yes No
    RoboForex Yes Yes Yes Yes Yes Yes Yes
    AMarkets Yes Yes No Yes Yes Yes No
    Tickmill Yes Yes Yes Yes Yes Yes No

    Account Types

    OmegaPro offers four account types in the United Kingdom:

    Starter: This is the most basic account type and requires a minimum deposit of £250. It offers a spread of 1.8 pips and a leverage of up to 1:100.

    Bronze: This account type requires a minimum deposit of £1,000 and offers a spread of 1.6 pips and a leverage of up to 1:200.

    Silver: This account type requires a minimum deposit of £5,000 and offers a spread of 1.4 pips and a leverage of up to 1:400.

    Gold: This is the most premium account type and requires a minimum deposit of £10,000. It offers a spread of 1.2 pips and a leverage of up to 1:500.

    All account types offer access to the same trading platforms and instruments, but the higher-tier accounts offer lower spreads and higher leverage. They also come with additional benefits, such as personal account managers and dedicated customer support.

    In addition to these four account types, OmegaPro also offers a demo account that allows you to trade with virtual money. This is a great way to learn about the platform and the different trading instruments before you make a deposit.

    It is important to note that OmegaPro is not a regulated broker. This means that there is no government agency that oversees its activities. As a result, there is some risk involved in trading with this broker.

    Leverage

    The leverage offered by OmegaPro depends on the account type you choose. The following are the leverage limits for each account type:

    Starter: 1:100

    Bronze: 1:200

    Silver: 1:400

    Gold: 1:500

    Leverage is a way to amplify your trading power. It allows you to control a larger position with a smaller deposit. For example, if you have a leverage of 1:100, you can control a \£10,000 position with a deposit of \£100.

    However, leverage can also magnify your losses. If the market moves against you, you could lose more money than you deposited. As a result, it is important to use leverage with caution and only trade with money you can afford to lose.

    Here is a comparison table of maximum leverage offered by different brokers:

    Broker OmegaPro eToro XM RoboForex
    Maximum Leverage 1:500 1:400 1:888 1:2000

    Spreads and Commissions (Trading Fees)

    OmegaPro offers varying spreads and commissions depending on the chosen account type. Here's a breakdown of the spreads for each account:

    - Starter Account: Offers a spread of 1.8 pips.

    - Bronze Account: Provides a spread of 1.6 pips.

    - Silver Account: Comes with a spread of 1.4 pips.

    - Gold Account: Offers the tightest spread at 1.2 pips.

    These spreads refer to the difference between the buying and selling prices of assets and can vary depending on the specific asset being traded. Additionally, OmegaPro may apply commissions to certain trades, but these rates are not fixed and can differ based on the asset being traded and the type of account held by the trader. OmegaPro's aim is to provide flexibility in both spreads and commissions to cater to the diverse needs of its user base, allowing traders to choose the trading conditions that best align with their strategies and preferences.

    spread-commission

    Non-Trading Fees

    OmegaPro imposes various non-trading fees on its users. To open an account with OmegaPro, there is an account opening fee of £29. This fee is a one-time cost associated with setting up your trading account.

    However, OmegaPro does not burden its traders with monthly or annual fees, providing a more cost-effective trading experience. Many brokers charge recurring fees for maintaining trading accounts, which can add up over time. OmegaPro's decision to waive such fees can be advantageous for traders looking to minimize their ongoing expenses.

    One important non-trading fee to be aware of is the inactivity fee. OmegaPro levies a monthly inactivity fee of £10 if your trading account remains inactive for a continuous period of 12 months. This fee is intended to encourage regular trading activity and may affect traders who do not actively use their accounts. To avoid incurring this fee, it's advisable to engage in regular trading or ensure your account remains active within the specified time frame.

    Deposit & Withdraw Methods

    OmegaPro offers a variety of payment methods for depositing funds into your trading account, providing flexibility to its users. Traders can choose from options such as advcash, Bank Transfer, Bitcoin, UnionPay, Ripple Coin, MasterCard, USDT (Tether), and Visa. This range of payment methods caters to different preferences and allows traders to select the one that suits them best.

    It's important to note that OmegaPro imposes a withdrawal fee of £25 for each withdrawal transaction. This fee is something traders should be aware of when planning their financial activities on the platform, as it can impact the overall cost of accessing your funds.

    Trading Platforms

    OmegaPro provides traders with two distinct trading platforms tailored to different preferences and skill levels:

    1. WebTrader: OmegaPro's WebTrader is a user-friendly web-based platform accessible from any computer with internet connectivity. It's an ideal choice for novice traders due to its simplicity and straightforward interface. This platform enables traders to execute trades with ease and access essential trading features without the need for software installation.

    1. MetaTrader 4: For traders seeking more advanced tools and capabilities, OmegaPro offers the popular MetaTrader 4 (MT4) platform. MT4 is compatible with Windows, Mac, and Linux operating systems, providing a broader range of features. This includes robust technical analysis tools, customizable charts, and the option for automated trading through Expert Advisors (EAs). MT4 is favored by experienced traders who require in-depth analysis and automated trading strategies.

    trading-platform

    Customer Support

    OmegaPro offers a multilingual website for global accessibility and provides customer support through telephone and various social media platforms like Facebook, Twitter, and YouTube. This diverse support system ensures easy communication and engagement for traders worldwide.

    Educational Resources

    OmegaPro offers a variety of educational resources, including:

    Webinars: OmegaPro hosts regular webinars on a variety of topics related to trading and investment. These webinars are a great way to learn about the latest market trends and strategies.

    eBooks: OmegaPro offers a number of eBooks on topics such as trading basics, technical analysis, and risk management. These eBooks are a great way to learn the fundamentals of trading.

    Video tutorials: OmegaPro offers a number of video tutorials on topics such as how to use the trading platforms and how to trade different assets. These video tutorials are a great way to learn the practical aspects of trading.

    Conclusion

    In conclusion, OmegaPro presents a platform with a wide range of trading instruments and flexible account options, appealing to traders looking for diversity and customization. The availability of educational resources can be valuable for traders seeking to enhance their skills. However, the lack of regulatory oversight raises significant concerns about fund security and transparency. Additionally, the requirement of substantial minimum deposits for higher-tier accounts and the imposition of an inactivity fee may not align with the preferences of all traders. It is imperative for potential users to carefully evaluate these advantages and disadvantages to make an informed decision when choosing OmegaPro as their trading platform.

    FAQs

    Q: Is OmegaPro a regulated broker?

    A: No, OmegaPro operates without regulation from any financial authority.

    Q: What are the available account types on OmegaPro?

    A: OmegaPro offers four account types: Starter, Bronze, Silver, and Gold, each with varying minimum deposits, spreads, and leverage levels.

    Q: Does OmegaPro charge an inactivity fee?

    A: Yes, OmegaPro imposes an inactivity fee of £10 per month if your account remains inactive for 12 consecutive months.

    Q: What payment methods can I use to fund my OmegaPro account?

    A: OmegaPro supports various deposit methods, including advcash, Bank Transfer, Bitcoin, UnionPay, Ripple Coin, MasterCard, USDT, and Visa.

    Q: What trading platforms are available on OmegaPro?

    A: OmegaPro offers two trading platforms: WebTrader, suitable for beginners, and MetaTrader 4 (MT4) for more advanced traders.

    News

    OmegaPro Exit Scam: The Ponzi Scheme that Left Investors in the Dark

    ExposureOmegaPro Exit Scam: The Ponzi Scheme that Left Investors in the Dark

    2023-09-27 10:30

    OmegaPro Exit Scam: An Inside Look at the Ponzi Scheme That Shattered Investor Trust" Uncover the story of OmegaPro's rise and fall, the warning signs to watch for in investments, and lessons learned from this cautionary tale.

    WikiFX
    2023-09-27 10:30
    Exposure
    OmegaPro Exit Scam: The Ponzi Scheme that Left Investors in the Dark
    OmegaPro executive Juan Carlos Reynoso has been arrested in Mexico.

    ExposureOmegaPro executive Juan Carlos Reynoso has been arrested in Mexico.

    2023-03-20 17:39

    Juan Carlos Reynoso, one of the main executives of OmegaPro, has been arrested by Mexican authorities recently. He has been charged with money laundering, organized crime, and drug trafficking.

    WikiFX
    2023-03-20 17:39
    Exposure
    OmegaPro executive Juan Carlos Reynoso has been arrested in Mexico.
    Omegapro has reportedly transferred all accounts to Broker Group Ltd

    ExposureOmegapro has reportedly transferred all accounts to Broker Group Ltd

    2022-12-30 17:20

    According to the latest information, Omega Pro has transferred all accounts and data to an existing company called “Broker Group Limited”.

    WikiFX
    2022-12-30 17:20
    Exposure
    Omegapro has reportedly transferred all accounts to Broker Group Ltd
    OmegaPro: Football Legends Rekindle Rivalries in Advance of the FIFA World Cup in 2022

    NewsOmegaPro: Football Legends Rekindle Rivalries in Advance of the FIFA World Cup in 2022

    2022-11-23 17:31

    November 22, 2022, Male, Maldives The much-anticipated second OmegaPro Luminaries Cup took place in the Maldives just a few weeks before the highly-anticipated 2022 FIFA World Cup in Qatar. Legends of football played in the tournament.

    WikiFX
    2022-11-23 17:31
    News
    OmegaPro: Football Legends Rekindle Rivalries in Advance of the FIFA World Cup in 2022

    User Reviews

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    11

    Comments

    Write a review

    Yuri2
    6-12months
    I've already opened an account, gone through verification, but what's hindering me from depositing is the absolutely rude attitude of customer support. I'm still on the fence, but after reading all the other reviews, I've decided to steer clear.
    2024-03-22 16:59
    Reply
    0
    0
    不过如此84941
    more than one year
    See how many reviews say the same thing and save yourself some money. Extremely unethical. unable to locate or get feedback from anyone at OmegaPro I have sent numerous emails to no avail... I, fortunately, have come to realize it was a total front for scammers.
    2023-02-22 17:39
    Reply
    0
    0
    IRINA16
    more than one year
    Hi, I was also scammed on two platforms, the latest Bitcoins Investment Company that uses the platform mask at Premiuncryptoonline.com. They scammed me less money. They offered me profit plans Ufff ..!! fabulous for investments of $200 or $300 Dollars. They did not return my investment. Thank God they didn't scam me as much money as on the previous platform.
    2023-02-01 10:14
    Reply
    0
    0
    Nelson0311
    more than one year
    Do not invest in this platform, they are thieves and in the same way donors or advisers
    2023-01-27 07:17
    Reply
    0
    0
    sorith Rom
    more than one year
    good
    2023-01-21 08:44
    Reply
    1
    1
    Kokylo
    more than one year
    In my opinion it works without problems until (Nov 2022) which is the period they complain about, I made a presentation indicating the situations why these people are in those "circumstances" but I don't see it anywhere, so I suggest you They "talk about what they know", so many people who don't know how it works, who probably depended 100% on someone else and it's probably that someone makes the "play" for them, taking advantage of the situation. I invested 12M and I already spent 24M and I still have 6M there.
    2022-12-21 00:14
    Reply
    0
    1
    红龙团队:龙哥
    more than one year
    I do not recommend that you trade forex trading companies without any regulatory license, because once you get scammed, it is hard to get your money back!
    2022-12-16 11:10
    Reply
    0
    2
    Tiiwasit Sawatchai
    more than one year
    Many years ago, I saw a friend who invested in this platform and said that the income was not bad. Why do I see so many negative comments on the Internet now? It's no wonder that most of these investment platforms are unstable. If they come out today, they will run away tomorrow. You still have to judge by yourself.
    2022-12-15 18:23
    Reply
    0
    1
    FX1159891198
    more than one year
    Let me tell you that Omegapro is a platform that doesn't work. They scammed my friend's money. This platform has no regulatory qualifications, so don't be fooled by such a platform and give them money for nothing. There are too many scammers these days, so be careful to identify them.
    2022-12-14 11:01
    Reply
    0
    1
    Rebwar Asaad Ahmad
    more than one year
    A***a* A*y**
    2022-12-04 05:43
    Reply
    2
    2
    Tom4k
    more than one year
    ATTENTION! Exit Scam Alert⚠️ The official page of Omega pro uploaded a "cyber attack" and they will be out of service. official statement from Omega pro.
    2022-12-01 01:41
    Reply
    0
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