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Warning
SG MAS
2021-01-15
Investor Alert List 
OFMG
Note: OFMG's official website http://www.ofmguk.com is currently inaccessible normally.
| OFMG Review Summary | |
| Founded | 2000 |
| Registered Country/Region | United Kingdom |
| Regulation | Not Regulated |
| Market Instruments | Forex, commodities, indices, CFDs on stocks, bonds, and cryptocurrencies |
| Demo Account | Not Mentioned |
| Leverage | Up to 1:400 |
| Spread | Starting from 2 pips |
| Trading Platform | MetaTrader 4 |
| Customer Support | support@ofmguk.com |
OFMG Information
Original Forex Management Group (OFMG) is a forex trading company that offers many trading instruments, including forex, commodities, indices, and CFDs on stocks, bonds, and cryptocurrencies. It offers spreads starting from 2 pips and a maximum leverage is 1:400 through MetaTrader 4. However, it is not regulated.
Pros and Cons
| Pros | Cons |
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Is OFMG Legit?
OFMG is not regulated by any financial authority.
What Can I Trade on OFMG?
OFMG offers many market instruments, including forex, commodities, indices, and CFDs on assets like stocks, bonds, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stock | ✔ |
| Indices | ✔ |
| Cryptocurrency | ✔ |
| Shares | ❌ |
| Metals | ❌ |
Leverage
OFMG offers a maximum leverage of up to 1:400 to its traders.
OFMG Fees
OFMG's variable spreads, usually around 2 pips for major currency pairs, coupled with a $10 per lot traded commission, may initially appear competitive and appealing to traders.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 4 (MT4) | ✔ | PC and Mobile | Investors of all experience levels |
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