OFMG-Overview of Minimum Deposit, Spreads & Leverage

General Information

OFMG is presented as a Britain broker that provides its customers with supreme trading platforms and some trading assets. It also publicizes that it offers leverage as high as 1:400 and competitive low spreads.

Market Instruments

OFMG advertises that it offers a wide selection of trading instruments, including cryptocurrencies, forex and indices.

Accounts

From the website, we found OFMG offers free demo account, but it restricts traders to only 8 usable pairs. However, we have no way to get any detailed information about accounts.

Leverage

In terms of trading leverage, the maximum level offered by OFMG is pretty high, up to 1:400. Attention that too high leverage may be dangerous for inexperienced traders.

Spreads & Commissions

The website displayed that the lowest spread was floating around 2 pips. Other specific information about spreads and commissions are not involved directly on OFMGs website.

Trading Platform Available

When it comes to trading platforms available,OFMG gives traders the only choice of MetaTrader4. MT4 is widely regarded as the best trading platform, with many powerful features like automated trading and more.

Deposit & Withdrawal

OFMG accepts payment methods via Credit/Debit cards like VISA, Wire Transfers, China UnionPay and SSAC. The minimum deposit is $1000, while the minimum withdrawal amount is probably $50, yet we cannot verify if it is true. However, OFMG claims that the first withdrawal of $100 or more for the month is free, which means that there are fees applicable, but there isnt any further information about it.

Customer Support

OFMGs customer support can be reached through email: support@ofmguk.com, website: www.ofmguk.com. Company address: 15 Bishopsgate, London, England, EC2N. More other detailed contact information like telephone are not available.