Abstract:Omnium, a trading name of Omnium Trading Group, presents itself as a fully-licensed broker headquartered in the United Arab Emirates and has other regional offices, specializing in online trading and investing in international financial markets. The broker claims to provide private clients, companies and financial institutions with various tradable financial instruments with a choice of four different live account types through the flagship trading platform, as well as 24/5 customer support service.
General Information & Regulation
Omnium, a trading name of Omnium Trading Group, presents itself as a fully-licensed broker headquartered in the United Arab Emirates and has other regional offices, specializing in online trading and investing in international financial markets. The broker claims to provide private clients, companies and financial institutions with various tradable financial instruments with a choice of four different live account types through the flagship trading platform, as well as 24/5 customer support service. Here is the home page of this brokers official site:
As for regulation, it has been verified that Omnium 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 1.14/10. Please be aware of the risk.
Market Instruments
Omnium advertises that it offers access to a wide range of trading instruments in financial markets, including currencies, CFDs, ETFs, stocks, commodities and structured products, as well as options and other derivatives.
Account Types
Omnium claims to offer four types of trading accounts, but the only specific information about them is the minimum initial deposit. The amount is extremely high-$5,000 for the Mini account, while the other three account types have much higher minimum initial capital requirements of $10,000, $30,000 and $50,000 respectively. In comparison, the licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.
Trading Platform Available
The platform available for trading at Omnium is the flagship trading platform, which is advertised to be designed for all types of traders, compatible with Windows, OS X & iOS, Android and Browser terminals. However, there are no download links for this platform anywhere.
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.
Deposit & Withdrawal
Information on payment methods used at Omnium is missing, except for the mention of debit cards in the descriptions of account types. The minimum initial deposit requirement is $5,000.
Customer Support
Omniums customer support can be reached by telephone: +41 225017591, email: info@omniumtg.com or send messages online to get in touch. Company address: Level 12 Ajman Chamber of Commerce building - Ajman - United Arab Emirates.
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.
The forex market operates 24 hours a day, 5 days a week, with different trading sessions that overlap and offer various trading opportunities. One of the most active trading sessions is the New York session, which plays a crucial role in the global forex market. If you're in the Philippines, understanding when the New York session overlaps with local time is essential for maximizing your trading potential.
Lirunex joins the Financial Commission, offering traders €20,000 protection per claim. A multi-asset broker regulated by CySEC, LFSA, and MED.
Despite its relative youth, the Cyprus-registered online broker Capital.com has garnered respectable attention from a large number of retail and professional investors since its 2016 launch. Capital.com is a frontrunner among low-cost trading products; it allows individual and institutional investors to trade contracts for difference (CFDs) on three thousand markets, including Forex, Stocks, Commodities, Indices, Cryptocurrencies, and more. Impressively, Capital.com is on board with ESG investments as well. You can begin trading CFDs on the Capital.com platform with as little as $20. You can trade CFDs on this platform without paying any commissions; the only fees involved are the spreads. This broker offers a wide range of platforms, including mobile apps, a desktop trading app, an API from Capital.com, Tradingview, and MetaTrader 4. Among Capital.com's many distinguishing features is the wealth of educational content and high-quality research it offers its users. The platform's Marke
Italy’s financial regulator, Consob, has ordered the shutdown of six unauthorized financial service websites to combat illegal financial activities and protect investors. This action is based on regulatory powers granted under the 2019 “Crescita Decree.” Since 2019, Consob has blocked 1,211 fraudulent websites. Investors can use WikiFX to verify compliance and avoid investment scams.