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.
For traders, understanding what happens when a broker collapses is crucial. It serves as a reminder that choosing the right broker involves more than just attractive spreads and swift execution; it’s about safeguarding funds in case things go wrong.
WesternFX, an international forex trading firm established in 2013, operates out of Saint Vincent and the Grenadines. With a diverse range of trading products such as Forex, CFDs, Shares, Indices, Metals, Energies, and more, WesternFX presents itself as an attractive choice for traders. However, as with any trading platform, reliability and safety are critical factors for potential users. In this review, we’ll explore whether WesternFX is a reliable broker.
Webull Thailand debuts US stock options, offering Thai investors new avenues for portfolio diversification and risk management with zero commissions for the first month.
Since Donald Trump’s election victory, hedge funds that maintained short positions on Tesla Inc. have incurred staggering losses, exceeding $5 billion on paper. This setback comes as Elon Musk, the Tesla CEO and the world’s richest person, publicly endorses Trump, aligning himself as one of the president-elect's most prominent billionaire supporters.