OGM Market Review: Is ogm.market a Trustworthy Choice?

If you come across One Global Market and you can’t decide on whether or not to invest with them, read our OGM Market review which delves deep into the broker’s profile. Learn about the trading conditions this brokerage offers to make sure they suit your trading preferences. 

Founded in 2017, One Global Market Limited maintained its reputation as a reliable broker that offers traders security and transparency. Keep reading to learn more and don’t forget to also check TradeMarkets as an alternative. 

Who Is OGM Market?

An FCA-approved and widely recognized broker, One Global Market was established in 2017. They provide a trading platform with some of the most useful trading tools and dependable customer service. 

OGM promises to increase trade accessibility through skill development by providing cutting-edge trading tools and its network of sector experts. You can trade CFDs on exclusive instruments including indices, commodities, currencies, and stocks.

Regulation Info

OGM Market is registered in the UK and regulated by the Financial Conduct Authority (FCA) under the number 10396402 and firm reference number [FRN]: 769481. 

Even though they are regulated by a reputable authority in the UK, they still need to adhere to regulatory rules in each country they operate from. However, we did notice that the broker operates from the United States, which requires the CFTC and NFA to oversee its operations. 

Just like Rockfort Markets, OGM Market is transparent and offers traders security by keeping their money in segregated accounts. The regulatory information is transparently shown in the disclaimer and throughout the whole website. 

OGM Market Broker Profile

OGM Market has everything you need if you’re looking for services that provide a wide range of tools, such as educational financial web TV, economic calendars, daily trading signals, news on current market developments, and more. In addition to CFDs, there are also future contracts, which have an expiration date. The contract is not accessible for trading after the set expiration date, and any open positions are closed by the system.

Depending on which account type you choose, trading conditions vary. There is something for everyone, including retail and professional clients. The leverage cap with retail clients is 1:30, while for professionals it goes up to 1:300. Spreads start from 2.9 pips for the most basic account type and the Elite account has spreads starting from 0.1 pips. 

Is OGM Market Safe To Trade With?

All things considered, the OGM Market is pretty safe. They offer regulation and transparency, have great client feedback, and the trading conditions are not so bad overall. We can say that this trading firm is a reliable choice for all traders. However, if you are a beginner, we advise choosing an alternative. 

There are several reports about the company catering to experienced traders more than to beginners, so if you are just starting, OGM Market may not be the greatest choice. Instead, we recommend choosing a broker who has the MT4 or MT5 trading platform for start. 

Traders Share Their Experiences

On Trustpilot, this trading firm has an overall score of 4.1, based on 40 reviews. Only 3% of the reviews are unfavorable, which makes only one 1-star review, indicating some possible issues you may encounter while trading with this brokerage. The only unfavorable comment claims that the broker is unlicensed, however, we can see the license information in the FCA’s register. 

There are no withdrawal issues reported, which makes this broker safe. 3-star reviews complain about the futuristic design of the platform and how the company cares more about experienced traders rather than providing good trading conditions for everyone. 

Who Are the Traders They Cater To?

Brokers like this one who have years of experience behind them are more likely to attract investors than the ones who are just starting. Years of experience can be very beneficial to traders, as well as an additional level of security. Instead of luring traders with fake stories, they dedicate their time to creating a safe trading environment. 

Nations that the broker mostly operates from include the United States, United Kingdom, Turkey, Israel, and Cyprus. Since the UK is no longer a part of the EU, operating from Turkey would require an additional license from the Capital Markets Board of Turkey (CMB).

Deposits and Withdrawal Methods

The only accepted payment methods are credit/debit cards (Visa and Mastercard), Google Pay, and Apple Pay. There are no anonymous payment options like with some firms and in case anything goes wrong, you can file a dispute with your bank. The minimum deposit is £500, while the maximum required to start an Elite account is unknown. 

The withdrawal process is not shown on the broker’s website, not even in the terms and conditions. This could indicate potential issues, however, some brokers don’t disclose that information to anyone except to traders privately. 

Weighing the Pros and Cons

Can I Make Money While Trading Online?

Making money while trading online isn’t easy, and it certainly isn’t a surefire way to get rich. Profits are earned and not guaranteed and any broker who says otherwise should be on your blacklist. Make sure to educate yourself before investing, make a plan, and choose the right brokerage. 

To improve your trading, think about utilizing cutting-edge AI technologies like our AI Analysis Bot. This AI program gathers past asset prices and other data from charts, makes price predictions for the future based on technical analysis, and suggests whether to buy or sell. 

We provide a 14-day free trial without obligations so that you may assess the effectiveness of the bot. We are certain that traders will find it useful, so hurry up and be in the first 100 traders to reach out so you can try our bot for free. 

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