Company Summary
| OFinancialReview Summary | |
| Founded | 2024 |
| Registered Country/Region | Anguilla |
| Regulation | Unregulated |
| Market Instruments | Forex, Commodities, Stocks, Cryptocurrencies, Indices |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | Floating Spread from 0 pips |
| Trading Platform | MT5 |
| Min Deposit | $10 |
| Customer Support | Email: info@ofinancial.markets |
| Tel: +971 4 526 4876 | |
| Live Chat | |
| Social Media: Twitter, Instagram, Facebook, Linkedin, Youtube | |
| Company Address: Office 3, 3rd Floor, One Central, Dubai World Trade Centre, Dubai, UAE | |
| Regional Restriction | USA, Iraq, Iran, Myanmar, North Korea. |
OFinancial Information
OFinancial is an unregulated online trading platform based in Anguilla, offering access to forex, commodities, stocks, cryptocurrencies, and indices. The platform provides three account types with a minimum deposit requirement of $10, leverage up to 1:100, and floating spreads starting from 0 pips. Notably, OFinancial does not accept clients from the USA, Iraq, Iran, Myanmar, or North Korea.
Pros & Cons
| Pros | Cons |
| Multiple Financial Products | Unregulation |
| MT5 Supported | Regional Restriction |
| Low Minimum Deposit Requirement | Lack of Information about Fees |
| Four Account Types available |
Is OFinancial Legit?
OFinancial is not a legitimate platform. Please note that OFinancial operates as an unregulated entity, lacking oversight from recognized financial authorities.
What Can I Trade on OFinancial?
Traders on OFinancial can get access to different products like Forex, Commodities, Stocks, Cryptocurrencies, and Indices.
| Trading Asset | Available |
| forex | ✔ |
| Stocks / ETFs | ✔ |
| commodities | ✔ |
| indices | ✔ |
| cryptocurrencies | ✔ |
| metals | ❌ |
| energies | ❌ |
| options | ❌ |
| funds | ❌ |
Account Types/Leverage
Traders on OFinancial can choose from three types of accounts. Each one has its own features.
| Account Type | Minimum Deposit | Floating Spread (Pips) | Trade Commission (Per Side) | Maximum Leverage | Base Currencies |
| Classic | $10 | 1.0 | $0 | 1:1000 | EUR, USD |
| Premier | $1000 | 0.0 | $3.5 | 1:1000 | EUR, USD |
| Elite | $5000 | 0.0 | $2.5 | 1:1000 | EUR, USD |
Trading Platform
The trading platform available on OFinancial is MetaTrader 5 (MT5), which is a multi-asset platform for trading forex, stocks, futures, and CFDs. It features advanced charts, technical indicators, and flexible order types (market, pending, stop, trailing stops).
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced trader |
| MT4 | ❌ | Desktop, Mobile, Web | Beginner |
| Trading View | ❌ | Desktop, Mobile, Tablets, Web | Beginner |
Deposit and Withdrawal
According to OFinancial, traders are able to get a 50% extra bonus on their first deposit, but the bonus can only be used to trade and cannot be withdrawn. A minimum deposit of 100 USD/EUR is required to get a bonus. The amount of bones is up to a maximum of 5000 USD/EUR.
