BrokersView

Search
Download
English
Sign In

one trading-markets

Newest

Popular

How long can I trade demo before opening a real account
whizpip
India
2023-06-20
ANSWER One Trading Markets is an unregulated broker that we strongly suggest avoid trading with despite the seemingly attractive deals it offers.One Trading Markets claims to be the trading name of OT Markets LTD, which is supposedly registered with the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA) under registration number 25372 BC 2019. While it is true that corresponding records exist on the SVG FSA register, investors should be aware that the offshore financial watchdog has explicitly stated that it neither issues licenses for forex trading or brokerage nor regulates entities involved in such activities. As such, One Trading Markets remains unsupervised by the relevant regulatory bod.The company also purports to be authorized and regulated by MWALI International Services Authority (M.I.S.A.) under License Number T2023225. However, the authority mainly serves as a registrar of companies and is not empowered to regulate forex activities. Therefore, mere registration with the African agency doesn't mean being granted authorization to legally offer investment services.Regarding your question, we advise you to proceed with extreme caution and have no further dealings with One Trading Markets. It is an unregulated broker that comes with huge risks such as financial losses and identity theft, as there are no rules in place to safeguard investors. Therefore, to avoid such risks, investors are encouraged to stay away from unregulated brokers like One Trading Markets and choose fully regulated ones instead.
See more

Hot Topics

Most Viewed

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.