Score

1.36 /10
Danger

OFM

Hong Kong

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.85

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

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Warning: Low score, please stay away!
Previous Detection : 2024-09-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

OFM · Company summary

General Information & Regulation

General Information & Regulation

OFM, a trading name of OCEAN ASSETS MANAGEMENT HK LIMITED, presents itself as a forex trader company registered in Hong Kong, China that claims to provide its clients with various tradable financial instruments with forex trading and currency exchange on mobile apps trading platform. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that OFM does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.05/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

OFM advertises that it mainly offers forex trading and currency exchange.

Trading Platform Available

The platform available for trading at OFM is its own-designed mobile app. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Customer Support

OFMs customer support can be reached by telephone: +852 6411 4926, email: enquire@ofmhl.com. You can also follow this broker on social networks such as Twitter, Facebook, Instagram and WhatsApp. Company address: #8th floor, CHINA HONG KONG TOWER 8-12 Hennesey Road, Wan Chai. HONG KONG.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

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