OMF Review

Author By Jeffrey Cammack
Updated: September 10, 2021
Overall Rating
3.17 3.17 / 5
Min. Deposit
NZD 10000
Regulators
Trading Desk
Trading Cost 
USD 13
Website Language
English
Support Language
English
Alert0 of retail investor accounts lose money when trading CFDs with this provider

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Summary

Reviews

Regulation
1110.503.5/ 5
Trading Conditions
111003/ 5
Trading Platforms
111104/ 5
Deposit & Withdrawal
100001/ 5
Education & Research
110.5002.5/ 5
Assets Available
1110.503.5/ 5
Customer Service
111104/ 5
Beginner Friendly
Standard
Bonuses
None

Account Information

Base Currencies
NZD, AUD, USD
Number of FX Pairs
0
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Acct

Trading Conditions

Min. Spread
1 pips
Commission
0.1% of the trade
EUR/USD
0 pips
GBP/USD
0 pips
USD/JPY
0 pips
Max. Leverage
30:1

Company Details

Company Name
NZX Limited
Founded
2016
Office Locations
NewZealand
Alert0 of retail investor accounts lose money when trading CFDs with this provider
Scroll for more detailsPreviousNext
Overall Rating
Min. Deposit
Regulation
Trading Desk Type
Trading Instruments
Forex Pairs
Crypto Pairs
Pros
Cons
Regulation
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Education & Research
Assets Available
Customer Service
% Lose with this broker
Leverage
Spread
Hedging
Scalping
Account Types
Islamic Acct
Trading Platforms
Funding Methods
Trading Commission
1110.503.17/ 5
NZD 10000
Financial Markets Authority of New Zealand
Market Maker
Forex
Stock CFDs
Futures
0
0
    • No swap-free account option
    • Non-transparent spreads
    • High minimum deposit
    1110.503.5/ 5
    111003/ 5
    111104/ 5
    100001/ 5
    110.5002.5/ 5
    1110.503.5/ 5
    111104/ 5
    0 of retail investor accounts lose money when trading CFDs with this provider
    30:1
    1 pips
    Bank Transfer
    0.1% of the trade
    1110.503.42/ 5
    GBP 200
    Financial Markets Authority of New Zealand
    The Seychelles Financial Services Authority
    ECN/DMA
    Forex
    Energies
    Metals
    Commodities
    27
    0
    • Tight spreads
    • Good for beginners
    • Wide range of assets
    • Expensive withdrawals
    • Limited market analysis
    1110.503.5/ 5
    111003/ 5
    111104/ 5
    11110.54.5/ 5
    110002/ 5
    1110.503.5/ 5
    1110.503.5/ 5
    0 of retail investor accounts lose money when trading CFDs with this provider
    500:1
    0.20 pips
    Institutional
    Prime
    Standard
    WebTrader
    Bank Transfer
    Visa
    Mastercard
    Fasapay
    Paypal
    Neteller
    Skrill
    Unionpay
    6 USD
    11110.54.08/ 5
    USD 50
    ASIC Regulated Brokers
    Vanuatu
    ECN/DMA
    Forex
    Cryptocurrencies
    Commodities
    Stock CFDs
    ETFs
    63
    5
    • Great platform choice
    • Low minimum deposit
    • Great customer support
    • Wide range of assets
    • Limited educational material
    • Limited market analysis
    111104/ 5
    11110.54.5/ 5
    11110.54.5/ 5
    111003/ 5
    1110.503.5/ 5
    11110.54.5/ 5
    111104/ 5
    0 of retail investor accounts lose money when trading CFDs with this provider
    500:1
    1 pips
    Bespoke
    ProZero
    pureECN
    Standard
    stpECN
    zeroECN
    Bank Transfer
    Visa
    Skrill
    Unionpay
    Fees Included in Spread
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