Omega Pro

General Information

Omega Pro is a newly established forex brokerage registered in the United Kingdom, allegedly offering its clients access to diversified range of trading products, such a forex, indices, commodities, cryptocurrencies and more. With Omega Pro, traders have four investment plans to choose from, with minimum deposit of $100 to open the most basic one.

Besides, please note what Omega Pro offers is not the MT4 or MT5 trading platform, a Webtrader instead.

When it comes to regulation, it has been verified that Omega Pro has not authorized or regulated by any regulatory authorities. Consequently, its regulated status is classified as “No License” and it receives a very low score of 1.13/10 on the WikiFX website (WikiFX is a professional and global forex broker regulatory inquiry tool contains huge information for traders to check out).

If you trade with a forex broker that is not regulated by a government agency, you are asking for a financial disaster. Please keep in mind the potential consequences.

Broker News

WikiFX shares some latest news Omega Pro to give you a more comprehensive picture of how this broker operates. If you want to know more in-depth information about this broker's trading performance, please visit the WikiFX website.

Market Instruments

Omega Pro claims to offer clients access to a massive financial market. Different types of trading assets, such as currency pairs, indices, shares, commodities, ETFs, Cryptocurrencies and more, are all available through this brokerage platform.

Account Types

Omega Pro offers four tiered trading accounts or investment plans for both retail and professional traders and these accounts are actually categorized by the minimum initial deposit, namely Starter, Premium, Gold, and Leadership.

To start with the Starter account, it requires an initial deposit of $100, acceptable but still higher than its peers requirements of $10.

From the Premium account, this requirement begins to soar to $1,000, with the Gold account from $6,000, the Leadership account from $7,000.

While additional account features are not disclosed.

Leverage

Trading leverage is not disclosed anywhere. Many professional traders or scalper consider leverage as an amazing tool to increase their trading flexibility.

However, it is important that inexperienced traders should take care to choose the proper amount that they feel most at ease, for leverage can amplify gains as well as losses.

Trading Platform

What Omega Pro offers is not the industry-leading MT4 or MT5 trading platform, although it is chosen by over 80% forex traders and brokers around the world.

Omega Pro offers a simplistic-interface Webtrader instead.

Deposit & Withdrawal

The minimum deposit to invest with Omega Pro is $100. When it comes to payment options, Omega Pro only allows its clients to make a deposit through two methods:

• Bank Wire

• Credit Card/Debit Card

The minimum withdrawal amount is not disclosed, and Omega Pro seems to be pretty vague about its deposit and withdrawal fees, as well as processing time.

Besides, please note that there is a $29 activation fee for new clients.

Customer Support

Worryingly, traders with any inquiries or trading-related issues can only get in touch with Omega Pro through an email it gives, and some other more direct contact channels such as Phone support, online communication are not available.

Here are some contact details:

Email: support@omegaapro.com

Registered Company Address: 47 Nungua Link Road 2nd Floor, Bigboss, England.

Restricted Regions

As per the Omega Pros office website, it does not accept traders from the U.S., Canada, Islamic Republic of Iran, GCC, and he UAE.

Risk Warning

There is a considerable degree of risk involved with online trading of leveraged Forex and CFD instruments, and as a result, it may not be appropriate for all investors.

Please keep in mind that the data presented in this article is meant to serve as a guideline only.