On-line since: About the company: The One Financial Markets group of companies is a brand owned by CB Financial Services Ltd, a company registered in the UK under number 6050593. The broker has representative offices in the countries of the Middle East, Europe, South America, as well as Asian regions regulated by local financial authorities. One Financial Markets offers its clients a wide range of instruments, such as currency pairs, cryptocurrencies, CFDs, metals and commodities, to trade on two types of accounts. Security of funds The UK's approach to financial regulation involves supervision and strict rules. To acquire a license, brokers have to provide proof of financial stability and meet numerous requirements. For example, client funds must be kept in segregated accounts, and equity capital has to be at least 730,000 euros in order to operate legitimately. The broker is also licensed in Hong Kong which is an advantage, as it improves the reliability of the company. The licensing procedure in this country is rather prolonged and complicated. Besides, a broker has to have a capital of at least 5 billion Hong Kong dollars. Regulation by the FCA also ensures an additional guarantee to clients’ funds, since they fall under the Financial Services Compensation Scheme (FSCS). Trading conditions Minimum deposit One Financial Markets offers its clients two types of accounts: Standard and Pro. You have to deposit $250 to open a Standard account and $1,000 to open a Pro account. Average spreads and commissions The company’s website informs that all spreads are floating and depend on basic market prices. No commission is charged on a Standard account. However, a trader would have to pay a commission in case of keeping a trading position open overnight. Besides, the broker charges 25 US dollars/20 pounds/20 euros for an inactive account for 12 months and longer. Minimum leverage The minimum leverage on all trading instruments, provided by One Financial Markets, is 1:400. However, the website contains information that leverage on a Standard account is 1:30. Trading platform The broker invites its clients to trade through MetaTrader 4 its clients with MetaTrader 4, a platform popular in the Forex industry. It is available both as desktop and web versions. Earlier in 2014, the company offered a unique feature - an opportunity to create your own trading platform using the Tradable application. However, there is no such information on the company’s website this year. Bonuses In the Promotions section, the broker writes about an opportunity to get welcome bonuses or participate in promos or competitions. However, there is no detailed information on the website. Payment options One Financial Markets’ clients can deposit or withdraw funds via credit/debit cards (VISA, MasterCard, Solo, Switch, Maestro, and LaserCard are accepted), wire transfers, electronic payment systems (Safecharge, Neteller, Skrill, FasaPay, Linkpay, and eWallet), as well as through the UAE Exchange (for clients from the United Arab Emirates and Kuwait). Feedback from traders One Financial Markets seems to be a reliable global broker providing a wide range of trading instruments. Advantages:
Disadvantages:
1/10
(votes 2241)
Add comment
Interested in other brokers?
5
0
One Financial Markets isn't profitable for my investment. As I have suffered many issues on their MetaTrader four platform, when I want to close my order, it didn't execute or when I've made a withdrawal request, then it almost hung. The main issue is the platform, as the price isn't live and execution is always delayed. Generally, I got slippage in my order didn't execute on time, even it hitting TP/SL. I say, One Financial Markets is awful for trading.
One Financial Markets is a reliable broker. I have been trading on their MT4 platform for couple a months. I'm so satisfied with their platform, as the platform has an instant order executions, leverage also helpful, and the spread is fixed. They also provide education things, like analysis and advanced trading tools which is useful for trader. I haven't face slippage or requotes during my trading so far. One Financial Markets is a professional and recommended broker.
I've been trading with One Financial Markets for more than three months and I finally decided to close my trading account. Their spreads are too big for standard account. Generally, I got 7 pips for the major currencies and upto 15 pips for crosses. Their platform freezes most of the time. During the last us CPI m/m publish time I put few order on USD pairs, 5 minutes later their platform freezes for an hour and when it reopen I see my orders get stop out and I lost $214. I believe all negative comments about One Financial Markets are true.
One Financial Markets is a professional broker. They are well regulated, which makes me feel safe to trade with them. They have good trading conditions and provides professional services. I'm trading some currencies such as EUR/USD, GBP/USD, and USD/CAD using their MT4 platform, and I found instant order execution. The spread is fixed for every currency pairs, and they have a real price as in markets. I never get slippage nor requotes so far. One Financial Markets is a really reliable broker, and their support team is nice and helpful. Also, the trading cost is low, and no hidden commission. I would highly recommend One Financial Markets to all traders who are looking for a reliable broker with a low trading cost.
One of the reasons I chose One Financial Markets as my broker is their payment system. I only have Paypal as an e-wallet and there are a few brokers accepting it. This broker does and aside from that, their overall trading environment is profitable. They have great tools that are favorable to clients.
Show more
Add comment
|
Brokers Reviews
RECOMMENDED BROKER
Forex charts and quotes
|
One Financial Markets review