Score

1.20 /10
Danger

One Ozo

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.58

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

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

open now

Broker Information

More

Company Name

One Ozo

Company Abbreviation

One Ozo

Platform registered country and region

United Kingdom

Company website

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
One Ozo · Company summary
AspectInformation
Registered CountryUnited Kingdom
Company NameOne Ozo
RegulationUnregulated
Tradable AssetsForex, CFDs, Indices, Stocks, Cryptocurrencies
Minimum Deposit$25
Trading PlatformsDesktop, Mobile, Web Browser
Account TypesOzo Start, Ozo Gold, Ozo Prime, Ozo Power
Demo AccountNo
Payment MethodsCredit/debit card, Bank transfer
Customer SupportPhone, Email, Live Chat, Social Media
Educational ToolsTrading guides, articles, webinars, video tutorials

Overview of One Ozo

One Ozo is a brokerage based in the United Kingdom and operates without regulation, offering trading services through desktop, mobile, and web platforms. With a minimum deposit requirement of $100, traders can access a variety of assets including forex, CFDs, indices, stocks, and cryptocurrencies across different account types such as Ozo Start, Ozo Gold, Ozo Prime, and Ozo Power. However, the absence of a demo account and limited transparency regarding fees for payment methods may pose challenges for traders.

Overview of One Ozo

Is One Ozo legit or a scam?

Since Ozo broker is unregulated, there isn't a specific regulatory framework governing its operations.

Is One Ozo legit or a scam?

Pros and Cons

ProsCons
  • Multiple trading instruments
  • Unregulated by major financial authorities (Higher risk)
  • 24/7 Customer Support
  • Limited information on deposit/withdrawal methods and fees
  • Easy-to-use platform (Desktop, Mobile, Web)
  • No demo account available
  • Potential for educational resources and market analysis tools
  • May have unreliable customer support

Market Intruments

Ozo broker still offer trading instruments such as stocks, forex, commodities, and cryptocurrencies to its clients. These instruments allow investors to speculate on the price movements of various assets.

In terms of stocks, Ozo broker offers trading in a variety of equities from different global markets, allowing investors to buy and sell shares in publicly traded companies.

Market Intruments

For forex trading, Ozo broker may provide access to the foreign exchange market, enabling investors to trade currency pairs and speculate on the exchange rate fluctuations between different currencies.

Market Intruments

Commodities trading through Ozo broker could involve trading in assets such as gold, silver, oil, agricultural products, and other raw materials. Investors can take positions on the price movements of these commodities in the global markets.

Additionally, Ozo brokers offer trading in cryptocurrencies, allowing investors to buy and sell digital assets like Bitcoin, Ethereum, and others.

Commodities

Account Types

These accounts offer varying levels of returns, durations, and bonuses, allowing investors to choose the option that aligns with their investment preferences and risk tolerance. Additionally, the referral bonus provides an incentive for investors to introduce others to the platform.

Account TypeInitial InvestmentROI (Daily)Total ReturnsDurationBinary BonusCapping LimitPrincipal ReturnsReferral
OZO START$25 - $4,9991.30%260%200 days10%$1,000100%5% - 1.5%
OZO GOLD$5,0002%200%100 days10%$3,000100%10%
OZO PRIME$10,0002.25%225%100 days10%$6,000100%10%
OZO POWER$25,0002.50%250%100 days10%$12,500100%10%

How to open an account?

Based on the available information, the specific steps for opening an One Ozo account are not explicitly provided. However, here's a general outline of the likely process:

  1. Visit the One Ozo Website:Navigate to the One Ozo website (https://www.onezo.us/).
  2. Locate the Registration Page:Look for the “Sign Up” or “Register” button or link. It might be located in the top right corner or on a dedicated registration page.
  3. Complete the Registration Form:Provide accurate and complete personal information, including your name, email address, phone number, and country of residence. Set a strong password and confirm it. Then agree to the Terms of Use and Privacy Policy.
How to open an account?
  1. Verify Your Email Address:A verification link will be sent to your registered email address. Click on the link to confirm your email address and complete the registration process.
  2. Fund Your Account:Select the desired investment tier (Ozo Start, Ozo Gold, Ozo Prime, or Ozo Power). Choose a payment method (e.g., credit card, bank transfer, cryptocurrency). Deposit the minimum required amount for your chosen tier.
  3. Complete the Investment Agreement:Review and agree to the investment agreement, which outlines the terms and conditions specific to your chosen tier.
  4. Start Investing:Once your account is funded and the agreement is accepted, you can start investing and earning returns according to your chosen tier.

Trading Fees

One Ozo might offer trading options alongside their fixed-term investment packages. In this respect, spreads and commissions would apply.

Non-Trading Fees

Account Management Fee: Ozo Broker charges a monthly account management fee of $5.

Deposit/Withdrawal Fees: Ozo Broker charges a fee of 2.5% for deposits made via credit card and debit card, and a fee of $10 for deposits made via wire transfer. For withdrawals made via credit card and debit card, a fee of 3% is charged, while a fee of $25 is charged for withdrawals via wire transfer.

Inactive Account Fee: If your account remains inactive for 6 consecutive months, Ozo Broker will charge a monthly inactive account fee of $10.

Conversion Fee: Ozo Broker charges a fee of 0.5% for currency conversion.

Margin Interest: Ozo Broker charges an annual interest of 5% for margin trading.

Trading Platform

Ozo Broker is an online trading platform that allows traders to trade forex, CFDs, indices, stocks, and cryptocurrencies. The platform is available for desktop, mobile, and web browsers. The platform offers several advantages, including a wide variety of trading instruments, comprehensive analysis tools, real-time data and news, and 24/7 customer support. However, it also has some drawbacks, such as being limited to online trading, lacking a demo account, requiring a minimum deposit of $100, and charging trading and additional fees.

Trading Platform

Deposit & Withdrawal

Deposits:

Minimum deposit: $25

Deposit methods: Ozo Broker might offer various deposit methods, but information readily available online is limited. Here are some common methods generally offered by brokers:

  • Credit/debit card: Deposits are usually instant but might come with fees (be sure to check Ozo's fee schedule).
  • Bank transfer: This can take 1-3 business days to reflect in your account.

Withdrawals:

Withdrawal processing time: Generally, withdrawals can take 3-7 business days depending on the chosen method.

Withdrawal methods: Similar to deposits, withdrawal methods might vary. Here's a breakdown of common methods and their potential drawbacks:

  • Credit/debit card: Withdrawals might take longer than deposits due to additional verification steps. Fees might also apply.
  • Bank transfer: This is a secure method but can be slow.

Customer Support

Ozo Broker offers comprehensive customer support to assist its clients with any inquiries or issues they may encounter. Here are some common channels through which customers can reach Ozo Broker's support team:

  1. Phone Support: Customers can contact Ozo Broker's support team via phone:+44 7452118915 for immediate assistance. The phone number is typically provided on the broker's website or through account documentation.
  1. Email Support: Clients can also reach out to Ozo Broker's support team via email:Info@oneozo.com. This allows for non-urgent inquiries or issues to be addressed in a timely manner. The email address for support is usually listed on the broker's website.
Customer Support
  1. Live Chat: They offer a live chat feature on their website :https://api.whatsapp.com/send?phone=447452118915, allowing customers to chat with a support representative in real-time. This can be convenient for quick questions or technical assistance.
  1. FAQs and Knowledge Base: Ozo Broker may have a comprehensive FAQ section or knowledge base on its website, providing answers to commonly asked questions and troubleshooting guides for common issues.
  2. Social Media: Ozo Broker maintain active social media profiles where customers can reach out for support or updates. This can include platforms like Twitter, Facebook, or LinkedIn.
    Customer Support

    Educational Resources

    Ozo Broker offers various educational resources to help traders improve their skills, including:

    • Trading Guides and Articles: Covering topics like fundamental and technical analysis, risk management, and strategies.
    • Webinars and Seminars: Live sessions with experts, ranging from beginner to advanced topics.
    • Video Tutorials: Step-by-step guides on using the platform and analyzing markets.
    • Educational Courses: Structured courses on forex, stocks, and options trading.
    • Market Analysis and Research: Regular reports offering insights into market trends and trading opportunities.
    Educational Resources

    Conclusion

    Ozo Broker presents a situation with some potential benefits but overshadowed by significant drawbacks. On the positive side, Ozo offers a vast selection of instruments for trading, from forex to cryptocurrencies. They also boast 24/7 customer support and a user-friendly platform accessible on various devices.

    However, these advantages become less appealing when considering the critical issue of regulation. Ozo Broker lacks oversight from major financial authorities, which exposes you to greater risk. This means your funds might not be protected in case of unforeseen circumstances. Furthermore, readily available information regarding Ozo Broker is limited. Details on deposit/withdrawal methods, fees, and the effectiveness of customer support are unclear. This lack of transparency makes it difficult to assess the true cost and reliability of using their platform.

    In conclusion, while Ozo Broker might seem like a convenient option with a wide range of instruments, the lack of regulation and limited information online raise significant red flags.

    News

    Exposure"Broker suddenly stopped withdrawal"- User Said

    An Indian user filed a complaint against One Ozo on WikiFX. In his complaint, the complainant wrote, “Out of 5000 dollars, broker used to pay only 850 dollars. Broker ran away. Now neither the website is opening nor is there anything in it.” Further, he added.

    WikiFX
    2024-06-14 14:00
    "Broker suddenly stopped withdrawal"- User Said

    ExposureRisk Alert

    “The broker suddenly stopped withdrawals without a reason." It’s an excerpt from the complainant’s complaint. The complainant is from India and filed a complaint on May 14, 2024, against One Ozo regarding the fraud which happened to him.

    WikiFX
    2024-05-16 18:00
    Risk Alert

    User Reviews

    More

    User comment

    3

    Comments

    Write a review

    henry11
    more than one year
    Wish they'd be clearer about their fees, though—that part's a bit of a black box.
    Wish they'd be clearer about their fees, though—that part's a bit of a black box.
    Translate to English
    2024-06-21 17:32
    Reply
    0
    0
    TraderExpert 512
    more than one year
    Infuriating! I threw $200 at this broker last night and it went through like a charm. Now I try to deposit $500 and...poof! Gone. Never showed up. Not. Cool. Definitely staying away from these guys and sticking with a legit, regulated broker.
    Infuriating! I threw $200 at this broker last night and it went through like a charm. Now I try to deposit $500 and...poof! Gone. Never showed up. Not. Cool. Definitely staying away from these guys and sticking with a legit, regulated broker.
    Translate to English
    2024-04-16 17:29
    Reply
    0
    0
    1