Home -
OWM -

Score

4.18 /10
Average

OWM

Vanuatu

5-10 years

Regulated in Vanuatu

Retail Forex License

MT4 Full License

Global Business

High potential risk

Offshore Regulated

https://www.owmtrade.com

Add brokers

Comparison

Quantity 14

Exposure

Open Account
Website

Score

Regulatory Index3.05

Business Index7.60

Risk Management Index0.00

Software Index9.09

License Index3.05

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Oriental Wealth Markets Limited

Company Abbreviation

OWM

Platform registered country and region

Vanuatu

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2025-06-21
  • The number of the complaints received by WikiFX have reached 13 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The Vanuatu VFSC regulation with license number: 40299 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Exposure

14 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Romance scam

It was a fraud platform and its users totaled 5 investors.

2021-09-23 21:06
Scam

Real-name complaint owm platform

I am wan chao, trading account of the platform 72582. Tang zhao, the agent of the platform, induced me to open an account for trading on the platform, and manipulated my account with malicious orders, resulting in a loss of 300,000 yuan

2019-03-05 19:56
Others

The sales maneger of own has a poor quality

Not long after clients' deposit,the sales manager started abusing them.This kind of low quality manage deserves no clients.Begin to scold as long as the clients don't deposit.

2019-08-05 21:37
Unable to Withdraw

Unable to withdraw

I deposited $3000 and gained $13000. On September 20, it noted that my orders were unavailable. On September 21, my account was blocked. Beware.

2021-09-25 18:27
Unable to Withdraw

Unable to withdraw

The platform gave no access to my $300 profit and even banned my account.

2020-05-28 15:53
Others

The commission wasn’t returned

The platform didn’t return the commission, blaming clients’ losses on their capacity and said that the commission by arbitrage couldn’t be returned.Supporting to trade,they think it is unpractical now,making you suffer losses deliberately.

2019-10-10 16:01
Unable to Withdraw

Unable to withdraw

I opened an account in August and deposited a lot. In 46 trading days, I gained $6000 but they rejected my withdrawal for many reasons. Here were the pictures of my transactions.

2021-10-11 17:30
Scam

A group of scammers. Expose them.

Beguile green hands into opening accounts on a fraud platform with bonus. My friend deposited and profited but can’t withdraw funds. Pay attention to these frauds.

2021-01-05 08:15
Resolved

Unilateral quotation. The teacher didn’t set SL and hold positions until the spread differs over one hundred pips.

Keep adding positions. Wipe out positions immediately after depositing funds

2021-01-05 10:54
Unable to Withdraw

The scam platform gives no access to fund and let alone profit.

The platform found every excuse to give no access to the withdrawal of profit, even withholding the fund. It asked me to submit varied material, which I printed outside immediately. Then it asked me to sign on it and take photo. I have called the police. Garbage platform!!

2020-04-13 16:58
Scam

The withdrawal of $400 profit was turned down by OWM

I received the information of OWM which supports EA and immediate order placing and scalping.I deposited $3000 for trading and made a profit for $400.The amount of money was too small to be a case.Please select the platform carefully.

2019-08-27 13:45
Unable to Withdraw

Fraud broker OWM

As long as you make money, you won’t be allowed to withdraw. I will make money normally and say that you violate the rules. The garbage platform is cheating customers

2021-06-02 15:12
Unable to Withdraw

Unable to withdraw

I couldn’t get the validation code and withdraw fund because of the system error.

2019-11-26 07:48
Unable to Withdraw

Cannot withdraw on OWM. Commission unpaid.

I’ve been investing in OWM for a week and lost a lot. I did all my trade manually, but they refused to pay my commission. Later after communication, they compensated my lost principal. I want to ask, does OWM trade B market? They gave me no commission or explanation. Keep away from this kind of platform! Although the commission is not much, just a couple hundred dollars, but it is still my money. Hope you people be wise and stay away from them.

2019-08-28 18:54
    Data Source WikiFX Data provide
    Updated: 2025-06-21
    OWM · Company summary
    OWM Review Summary
    Founded2017
    Registered Country/RegionVanuatu
    RegulationOffshore regulated by VFSC
    Market InstrumentsForex, Commodities, share CFDs, CFDs on futures
    Demo Account/
    EUR/USD Spread/
    Leverage/
    Trading PlatformMT4
    Minimum Deposit/
    Customer SupportPhone: +678 29666
    Email: support@owmtrade.com
    Registered address: First Floor, B&P House Lini Highway, Port Vila, Vanuatu
    Restricted AreasUnited States, Hong Kong, Japan and the Islamic Republic

    OWM Information

    OWM, with full name Oriental Wealth Markets Limited, was founded in the capital of Vanuatu in 2017 and established 3 branches in Hong Kong, Jakarta and Kuala Lumpur in the following years. It offers trading services in forex, commoditis and share CFDs. MetaTrader 4 is available for clients to execute trades.

    Besides, OWM implements several customer protection measures such as fund segregation, insurance protection. And it equips investors with necessary knowledge by providing ample educational resources, from the entry-level terminology explanation, to the seasoned market analysis.

    However, the broker does not disclose much information about its trading conditions, leaving investors in the dark about their estimated trading costs. What's worse, the company is offshore regulated by VFSC only, which indicates less powerful supervision on its financial activities by this authority.

    OWM's homepage

    Pros and Cons

    Pros Cons
    MT4 platformOffshore VFSC regulated
    Fund segregationLimited transparency on trading conditions
    Abundant educational resources14 exposures on WikiFX

    Is OWM Legit?

    OWM is currently offshoreregulated by VFSC (Vanuatu Financial Services Commission), FSA (The Seychelles Financial Services Authority) with license no. 40299.

    However, the VFSC is only offshore regulating the company, which impair the force of supervision. Take this into consideration before trading with OWM.

    Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
    Vanuatu
    		VFSCOffshore RegulatedORIENTAL WEALTH MARKETS LIMITEDRetail Forex License40299
    Offshore regulated by VFSC

    What Can I Trade on OWM?

    Tradable Instruments Supported
    Forex✔
    Commodities✔
    Share CFDs✔
    CFDs on futures✔
    Indices❌
    Stocks❌
    Cryptocurrencies❌
    Bonds❌
    Options❌
    ETFs❌
    What Can I Trade on OWM?

    Trading Platform

    OWM claims to use the world renowned MetaTrader 4 platforms, which is well-recognized by its advanced charting tools and robust functionalities. You can access the platform via web, mobile phones and Windows devices.

    Trading PlatformSupported Available Devices Suitable for
    MT4✔Web, mobile, WindowsBeginners
    MT5❌Web, mobile, Windows, MacExperienced traders
    MT4 platform

    User Reviews

    More

    User comment

    3

    Comments

    Write a review

    Half a year
    more than one year
    OWN is a total disaster – from a romance scam with only 5 victims to manipulated accounts causing huge losses. The sales manager turns abusive post-deposit, and withdrawing? Good luck. They even banned an account for a $300 profit. Commission? Don't count on it – they blame losses on clients and refuse returns. Stay far away from this mess.
    OWN is a total disaster – from a romance scam with only 5 victims to manipulated accounts causing huge losses. The sales manager turns abusive post-deposit, and withdrawing? Good luck. They even banned an account for a $300 profit. Commission? Don't count on it – they blame losses on clients and refuse returns. Stay far away from this mess.
    Translate to English
    2023-12-13 01:36
    Reply
    0
    0
    流浪叮当5280
    more than one year
    Maybe OWM used to be regulated, but now it hasn’t any legitimate regulations anymore. Something bad may have happened. So please be careful!
    Maybe OWM used to be regulated, but now it hasn’t any legitimate regulations anymore. Something bad may have happened. So please be careful!
    Translate to English
    2022-11-23 15:00
    Reply
    0
    0
    14