One Global Market Review

Who is an OMG.Market account suitable for?

Due to its deposit requirements, One Global Market seems to cater mainly to a more experienced and professional trader with sizable capital to invest.

Overall, One Global Market is a reliable broker suitable for experienced traders who want access to multiple forex markets and trading instruments.

Accounts and products available in the UK

OGM Classic account

The Classic account can be funded with a minimum deposit of £500, which is a fairly standard starting amount among competitor platforms. Spread is from 2.9 pips, 1:30 maximum leverage, and a minimum deal size of 0.01 lots. It supports trades in currencies and commodities.

OGM Gold account and Prime account

The Gold and Prime accounts are similar, except that the minimum deposit for both is £10,000 and £50,000, respectively. While the spread for the Gold account is 2.2 pips, that of the Prime account is 1.8 pips.

The Elite account is like a VIP account requiring interested traders to call the company for a minimum deposit amount. The minimum deal size is 0.25 lot, and the account spread is 0.1 pips.

Trading on bonds and stocks is only available on the Prime and Elite account types meaning you would need a minimum account size of £50,000 to access these assets.

Demo account

OGM also offers a free demo account from where you can practise your trades and get to grips with some of the tools and insights on offer without any risk to your personal funds.

OGM UK’s products

Different asset classes available for trading on One Global Market include tight spreads on foreign exchange, commodities, stocks, and shares.

Currencies

One Global Market UK offers clients more than 50 currency pairs, including major, minor and exotic pairs, which traders can access 24/5 as standard.

Indices

Traders on One Global Market can access a wide range of global indices like the USD_INDEX and the US_TECH100.

Commodities

The broker provides access to commodities such as oil, gas, coffee, copper, and precious metals like silver and gold.

Shares

Traders on One Global Market Limited can access a selection of shares from reputable European and US companies, including American Airlines Group, Airbnb and Amazon.

Fees and charges

Spreads are variable, depending on your asset class and account type. Retail clients can access spreads that start at just 0.1 pips for large portfolios.

Platforms available at One Global Market Limited

Traders on OGM can decide to use WebTrader and mobile apps for both Android and iOS devices to access the markets.

Services & Tools

It also provides access to a range of charting tools and educational material like video tutorials, webinars, analysis, and insights.

Insights is a new feature on OGM designed to help you make informed trading decisions using tools that include live trading signal notifications sent directly to your email and phone, and Financial Web TV.

How to open a trading account with OGM

Opening a standard account with OGM is relatively straightforward. The steps are as follows.

• Head to the broker’s website and click on ‘Open an Account’.
• Fill in a simple registration form and fill in your personal details.
• Upload relevant documents for verification.
• Fund the account and begin to trade.

Deposit and withdrawal process

Traders can fund their accounts in USD, EUR, GBP, and other currencies. The minimum deposit is £500 but varies among the four trading account types.

Customer support service

Customer support rang me immediately after setting up, showing their proactive attitude to support their customers.

OGM’s UK address is as follows.

Office LG104, 23 Austin Friars

London, EC2N 2QP,

United Kingdom

Email: [email protected]

Telephone: +44 203 034 6401

Research

OGM.market is quite transparent when it comes to research. It provides its clients with up-to-date market analysis and reports from leading financial institutions and analysts.

The broker offers access to technical analysis tools, indicators, real-time market quotes, and economic calendars.

Education

These resources are suitable for beginner and intermediate traders who want to brush up on their trading skills or gain an insight into how the markets work.

Whilst this is a fairly limited offering, OGM is targeted more towards experienced investors who would already know their way around the markets and have the skills and knowledge to use the tools on offer.

Safety and regulations

The broker is fully regulated and offers a client compensation scheme. It is licensed by the Financial Conduct Authority (FCA), a British financial watchdog. FCA-regulated brokers’ operations are monitored, so clients’ funds are protected.

One Global Market allows traders to use pending orders, such as stop-loss and take-profit orders, to manage their trades more effectively.

Useful information

When you create your account, you’re offered the opportunity to open a “Real” or “Demo” account. If you wish to change this once the account is open, the platform makes this very easy: there is a “Switch To Real” or “Switch To Demo” button in the bottom-left corner.

It’s not immediately obvious how to close your OGM account, but a quick phone call to customer services was all it took.

One Global Market Review FAQs