Score

1.35 /10
Danger

OMEGAROX

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

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Score

Regulatory Index0.00

Business Index5.79

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
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40G

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Broker Information

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Company Name

OMEGAROX

Company Abbreviation

OMEGAROX

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-02-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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OMEGAROX · Company summary

Note: OMEGAROX's official website - https://omegarox.com/ is currently inaccessible normally.

OMEGAROX Review Summary
Founded/
Registered Country/RegionChina
RegulationNo regulation
Market InstrumentsForex, indices, commodities, stocks, metals
Demo Account
LeverageUp to 1:50
EUR/USD SpreadFloating around 0.2 pips
Trading PlatformMT4, Sirix
Min Deposit$500
Customer Support24/7 support
Contact form
Email: support@omegarox.com

OMEGAROX Information

OMEGAROX is an unregulated broker registered in China , offering trading on forex, indices, commodities, stocks and metals with leverage up to 1:50 and spread floating from 0.2 pips via MT4 and Sirix trading platforms. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $500.

OMEGAROX's homepage

Pros and Cons

Pros Cons
Diverse tradable assetsInaccessible website
Demo accountsNo regulation
Multiple account typesConservative leverage
Tight spreadsHigh minimum deposit requirement
MT4 and Sirix platformsLong withdrawal processing time
Popular payment optionsOnly email support
24/7 support

Is OMEGAROX Legit?

No. OMEGAROX currently has no valid regulations. Please be aware of the risk!

What Can I Trade on OMEGAROX?

Tradable Instruments Supported
Forex
Indices
Commodities
Stocks
Metals
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on OMEGAROX?

Account Type

Account TypeBase CurrencyMin DepositMax Deposit
MINIEUR, USD, GBP$500$5,000
Standard $5,001$10,000
Gold$50,000/
Platinum$150,000/
Account comparison

Leverage

The broker offers maximum leverage of 1:50. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
SirixWeb, Desktop, Mobile/
MT4Web, Desktop, MobileBeginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

The broker accepts payments via all major credit cards (Visa, MasterCard, Maestro), wire transfer, alternative payment methods, such as WebMoney, Skrill, Neteller, etc.

The withdrawal area reveals that the client can take out money via credit card and bank transfer.

Withdrawal requests are usually processed within 5-10 business days. Please note that Withdrawals will only be made to accounts that have completed the verification procedure.

User Reviews

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User comment

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Comments

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FX1349898377
more than one year
Horrible account-opening investment capital, and the maximum trading leverage is up to 1:50, which is too limited. They claim to provide swap-free trading accounts, but I was required to submit a lot of documents for them to verify and this is very time-consuming. They say I have the chance to get the referral bonus of up to $1000, but I have not got that until now.
Horrible account-opening investment capital, and the maximum trading leverage is up to 1:50, which is too limited. They claim to provide swap-free trading accounts, but I was required to submit a lot of documents for them to verify and this is very time-consuming. They say I have the chance to get the referral bonus of up to $1000, but I have not got that until now.
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2023-03-22 13:45
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 71647
more than one year
OMEGAROX provides a very nice platform to trade various instruments like forex, indices, stocks and more. Props to the broker for providing thousands of them.
OMEGAROX provides a very nice platform to trade various instruments like forex, indices, stocks and more. Props to the broker for providing thousands of them.
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2022-12-16 12:28
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