User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
Warning
SG MAS
2021-01-15
Investor Alert List 
OFMG
No Regulation
Score
1.49 /10
Danger
OFMG
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Quantity 12
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.85
Risk Management Index0.00
Software Index4.00
License Index0.00
The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Regulatory disclosure
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
3
Previous Detection :
2025-04-30
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of the complaints received by WikiFX have reached 11 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
WikiFX Verification
Exposure
12 pieces of exposure in total Pyramid scheme complaint
ExposeNote: OFMG's official website http://www.ofmguk.com is currently inaccessible normally.
| OFMG Review Summary | |
| Founded | 2000 |
| Registered Country/Region | United Kingdom |
| Regulation | Not Regulated |
| Market Instruments | Forex, commodities, indices, CFDs on stocks, bonds, and cryptocurrencies |
| Demo Account | Not Mentioned |
| Leverage | Up to 1:400 |
| Spread | Starting from 2 pips |
| Trading Platform | MetaTrader 4 |
| Customer Support | support@ofmguk.com |
OFMG Information
Original Forex Management Group (OFMG) is a forex trading company that offers many trading instruments, including forex, commodities, indices, and CFDs on stocks, bonds, and cryptocurrencies. It offers spreads starting from 2 pips and a maximum leverage is 1:400 through MetaTrader 4. However, it is not regulated.
Pros and Cons
| Pros | Cons |
|
|
|
|
Is OFMG Legit?
OFMG is not regulated by any financial authority.
What Can I Trade on OFMG?
OFMG offers many market instruments, including forex, commodities, indices, and CFDs on assets like stocks, bonds, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stock | ✔ |
| Indices | ✔ |
| Cryptocurrency | ✔ |
| Shares | ❌ |
| Metals | ❌ |
Leverage
OFMG offers a maximum leverage of up to 1:400 to its traders.
OFMG Fees
OFMG's variable spreads, usually around 2 pips for major currency pairs, coupled with a $10 per lot traded commission, may initially appear competitive and appealing to traders.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 4 (MT4) | ✔ | PC and Mobile | Investors of all experience levels |
12
start to write first comment