One Financial Markets

One Financial Markets hasn’t replied to clients’ complaints for one month.

One Financial Markets only gave out an explanation on differential quotation, and then gave no respond anymore. My fund was withheld.

2020-06-05 16:03

Must be punished severely

The communicating with the platform is invalid. Hope to recover funds with the help of the exposure of the platform! I also hope that no one will be deceived anymore.

2021-11-28 12:41

Customer service won't allow to withdraw

1. The customer service of this website (fake okx Ouyi) asked me to upgrade my account for the first time and asked me to pay 30% of the account balance as the upgrade fee, and said that I would withdraw the money after the payment. 2. After paying 52844.4 USD back and forth, I was still not allowed to withdraw the funds. In the name of fraudulent money laundering, my account was frozen, and I was required to pay another 12% of the account balance to prove that my account was fine. I made a withdrawal. I paid 5026.71 USTD yesterday. The more I think about it, the more wrong I am.

2023-08-27 20:49

Resolved

How to withdraw money?

How to withdraw money, please tell me the method.

2020-09-30 23:11

Scam

Without notifying clients, it modified the calculation method of crude oil. What a phony. It only wants to covet clients’ fund.

2020-06-04 13:53

Scam

Fake quotation and slippage with One Financial Markets

The quotation on crude oil of One Financial Markets was $24 lower than that on the international market, which should paid attention to. In addition, there was a severe slippage at midnight, with 200 pips.

2020-06-08 23:06

Suspected money laundering makes my bank card frozen

The payment channel in the Oufu Market is suspected of money laundering, causing the bank card to be frozen for hundreds of thousands, which has a serious impact on my life I have communicated with Oufu many times in more than two months, hoping that the payment channel will explain and solve the problem, but no reply was received. I only want to resolve the matter peacefully, but Oufu’s attitude is so disappointing The fault of the dealer and the payment channel requires the dealer to pay for it. It is unscrupulous. I hope that this behavior will be known to more traders. Do not choose this dealer and repeat my mistakes.

2021-04-22 18:18

Unable to withdraw

It required membership in order to withdraw, otherwise the account would be locked.

2021-10-10 22:41

Refuse to withdraw

Platform denied request of withdrawal. They did not respond nor explained. What was going on? Can you help me to solve it? I am screwed. Fraud platform.

2021-11-27 21:06

The scammer refused to withdraw money for various reasons and freeze the account. After unfrozen, they do not allow to withdraw either and saying that you need to pay a deposit via Bank of California

They have various reasons to not allow withdrawals. The scammer refused to withdraw money for various reasons and freeze the account. After unfrozen, they do not allow to withdraw either and saying that you need to pay a deposit via Bank of California

2021-11-27 17:33

OFM deducts 10% for withdrawal which is really not appropriot

Why do you say he can't? Because I have used it and it has no other advantages except better service. The response speed is really slow and cardy, and then there is an annual fee for use (the customer service said that it will be deducted every year, it seems to be 20 or 30 US dollars / year) and then the speed of withdrawal It is very slow (the system maintenance often waited a week for the last time) and then the real-time exchange rate of 6.7. The withdrawal of Oufu is at 6.2, which is equivalent to deducting 10% (it is said to be an agent to withdraw money to a third party) .. Combining the above Gold can't directly get 0 points, so OFM really can't.

2022-08-18 13:45

Deliberately freeze account and not withdraw

No withdrawal is allowed, but the margin is still required. The fraud platform has been reported.

2021-12-10 06:18

Why not allowing withdraw

Why not allowing withdraw for me and restrict me to contact customer service. Their attitude is also rude. Hope FCA Supervision will address this incident.

2021-11-28 05:54

One Financial Markets · Company summary

My bank card has been frozen for suspected money laundering and my life is greatly affected.

I’ve communicated with them many times and hope I can get an explanation and resolution. But they didn’t which disappointed me. Traders shouldn’t pay for the mistakes of brokers and payment channels. And I hope their action can be known by more traders. Do not choose this broker and make the same mistake like me

2021-05-25 15:33

Severe Slippage

One Financial Markets coveted clients’ fund through malicious slippage.

On July 31, I locked my 0.11-lot position, with $516.98 left in my account. At that time, the spread was expanded into 100 pips. If the spread was normal, then the balance should be $620 or so. But One Financial Markets closed all my short position at the highest price on August 3, causing over losses instantly, -272. The highest price on the morning was 1987.13, thus the settlement price of my position should be 1975.38. 1987.13-1975.38=11.75*0.11=$129.25 The net value on Friday was $387.73 based on 100-pip spread. But One Financial Markets made my position liquidated directly. It is simply bullying novia. In addition, I placed long orders on July 14, with min price at 1790.38. The order wasn’t dealt since the spread on XAU/USD was 2. It is simply a fraud. Take heed on it.

2020-08-03 14:58

One Financial MarketsReview Summary
Registered On	2010-02-03
Registered Country/Region	United Kingdom
Regulation	Suspicious Clone
Market Instruments	Forex, Commodities, Bullion, Cryptocurrencies, Indices, Shares, and Energy
Demo Account	✅
Leverage	Up to 1:400
Spread	From 1 pips (Typical, EUR/USD)
Trading Platform	MT4 (Web, Desktop, iPad, iPhone, and Android), MT5 (Desktop, Android, iPhone, and iPad)
Min Deposit	$250 (Standard)
Customer Support	T: + 44 ( 0 ) 203 857 2000
	E: info@ofmarkets.com
	WhatsApp: +61448088246
	Facebook, Twitter, YouTube
	1 Finsbury Market, London EC2A 2BN, United Kingdom

One Financial Markets Information

One Financial Markets is an online broker that offers CFD (Contract for Difference) trading in forex, stocks, indices, commodities, and cryptocurrencies. The company provides Standard and Professional accounts with leverage up to 1:30 and 1:400, respectively. Trading is conducted via the MT4/MT5 platforms. Spreads are as low as 1 pip (for EUR/USD). The firm also offers demo accounts and 24/7 customer support.

Pros and Cons

Pros	Cons
Regulated	Suspicious Clone
24/7 customer support	Not zero spread
MT4/MT5 available
Various payment methods
Demo account available

Is One Financial Markets Legit?

All regulations of One Financial Markets are in a cloned state, and the cloned regulatory licenses involve the FCA, SFC, DFSA, and FSCA.

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Current Status
	FCA	Axi Financial Services (UK) Limited	Market Maker (MM)	466201	Suspicious Clone
	SFC	One Financial Markets Asia Limited	Leveraged foreign exchange trading	BFZ621	Suspicious Clone
	DFSA	One Financial Markets (DIFC) Limited	Retail Forex License	F003943	Suspicious Clone
	FSCA	Financial Service Corporate	AXI FINANCIAL SERVICES (UK) LTD	45784	Suspicious Clone

What Can I Trade on One Financial Markets?

One Financial Markets offers various market instruments, including Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies, and Shares.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Bullion	✔
Cryptocurrencies	✔
Indices	✔
Shares	✔
Energy	✔
Bonds	❌
Mutual Funds	❌

Account Type

One Financial Markets offers standard and professional accounts with different account opening thresholds. Additionally, the broker claims that the Standard account provides negative balance protection.

Account Type	Standard	Professional
Minimum opening balance	$250	$1000
Liquidation level	50%	20%
Leverage	up to 1:30 (3%)	up to 1:400 (0.25%)
E.g., Margin Requirement (based on 1 lot of EURUSD (100,000) @ 1.1600	$3862.80	$290
Negative balance protection	Yes	No
Platform(s) available	MT4 / MT5	MT4 / MT5

One Financial Markets Fees

One Financial Markets offers an average spread of 1.2 pips and a typical spread of 1 pip (EUR/USD).

Leverage

The Standard Account of One Financial Markets offers a maximum leverage of 1:30, while the Professional Account provides a leverage as high as 1:400.

Trading Platform

One Financial Markets provides online foreign exchange trading through the ONE | MT4 and ONE | MT5 platforms. Traders can trade all asset classes on a single platform, which can be downloaded to their desktops or accessed anytime, anywhere via applications compatible with iPhone, iPad, and Android. The ONE | MT4 platform also supports web-based operations.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Web, Desktop, iPad, iPhone, and Android	Beginners
MT5	✔	Desktop, Android, iPhone, and iPad	Experienced Traders

Deposit and Withdrawal

	Currencies Accepted	Minimum Deposit Amount	Deposit Charges	Transfer Time	Minimum Withdrawal Amount	Withdrawal Charges	Transfer Time
UK Bank transfers	GBP	No Minimum	Remitting bank charges only	1 to 3 working days	£30	£1 (next day payment)£20 (same day payment)	Next daySame day
International SWIFT bank wire transfer	JODUSD/GBP/EUR/AED/HKD/JOD/KWD/SGD/ZAR	No Minimum	Remitting bank charges only	2 to 5 working days	$50 (or equivalent)	$25	2 to 5 working days+
Credit/debit card(within portal)	USD GBP EUR	$50, €35 or £30	0%	Immediately	$50, €35 or £30	0%	3 to 5 working days
Credit/debit card(outside portal)	USD GBP EUR	$50, €35 or £30	0%	Within 15 minutes++	$50, €35 or £30	0%	Up to 10 days
NetellerOutside the UK and EEA only	USD	$50	No additional charge	Immediately	$50	No additional charge	Same day
SkrillOutside the UK and EEA only	USD	$50	No additional charge	Immediately	$50	No additional charge	Same day

News

NewsAsia FX rises, dollar at 5-mth low as soft inflation fuels rate cut bets

Most Asian currencies moved in a tight range on Tuesday, while the dollar hovered near five-month lows as soft U.S. inflation data spurred increasing bets on interest rate cuts from the Federal Reserve in 2024.

2023-12-27 12:07

Asia FX rises, dollar at 5-mth low as soft inflation fuels rate cut bets

NewsEuropean stocks edged higher; eurozone inflation in focus

European stock markets experienced slight gains on Tuesday as investors eagerly anticipated the unveiling of the most recent eurozone inflation figures. This buoyed market participants who were gradually reducing their positions ahead of the upcoming Christmas holidays.

2023-12-20 10:35

European stocks edged higher; eurozone inflation in focus

NewsEuropean stocks mixed; German retail sales help sentiment

The European stock markets exhibited a blend of performances on Thursday, benefiting from robust German retail sales. This positive momentum emerged in anticipation of the crucial release of eurozone inflation data for November.

2023-12-01 10:35

European stocks mixed; German retail sales help sentiment

NewsGold prices mixed as yield rally cools, US data barrage in focus

Gold prices traded in a mixed range on Tuesday, retaining most recent gains as traders watched for any more developments in the Israel-Hamas war, while focus also turned to a string of key U.S. economic readings due this week.