Omega Trade
4.8/5

Omega Trade

The trading platform is equipped with powerful features that help traders make informed decisions.
Published at 09:54 19 May 2017.

Quick Overview of Omega Trade

💸 Account currency:USD
💳 Minimum deposit:250 USD
🔗 Leverage:Up to 1:500
📊 Spread:0.5 to 4 points
💼 Instruments:Cryptocurrencies, Stocks, Commodities, Stock Indices, Metals, and Energies
📈 Margin call / Stop out:15% 25% / 35%
💰 Profitability98 %
❌ Commission0 %
💲Total assetsMore than 250
Pros
  • Extensive liquidity and order book depth
  • Advanced tools and analytics
  • Excellent customer support
Cons
  • Lacks detailed market situation analysis
  • May be unavailable in certain regions

Security of Omega Trade

Ensuring the highest level of security is a primary concern for Omega Trade. The company implements stringent measures to protect users’ assets and personal information. Their platform utilizes cutting-edge encryption methods, multi-factor authentication, and secure cold storage solutions to safeguard funds from potential threats.

Pros
  • Advanced Access control
  • Active Bug Bounty Program
Cons
  • Some financial information is not publicly available

Regulation of Omega Trade:

Omega Trade is authorized and regulated under the European Financial Security 

Omega Trade powerful tools for traders:

Trade Ahead – Utilize advanced trading tools designed to give you a competitive edge.

Trade with Flexibility – Easily leverage your existing assets through cross-collateralization.

Trade Efficiently – Manage and trade all your spot and futures positions from a single platform.

Accounts in Omega Trade:

Omega Trade offers a variety of trading accounts to accommodate different trading styles and experience levels, whether you are a beginner, a seasoned professional, or a corporate trader. Clients can choose from both live and demo accounts, with options tailored to individual needs. Additionally, Omega Trade provides specialized accounts for VIP and Corporate clients who engage in high-volume trading. All account types feature some of the most favorable trading conditions in the industry.

How To Create A Cryptocurrency Wallet on Omega Trade:

Users can easily download and install a cryptocurrency wallet on their smartphone or any other compatible device. 

Here’s how the crypto wallets function: You need two things to transact in crypto – the first is your wallet address, which is also known as your public key, and the second is your private key. Setting up a wallet is a simple, straightforward process that can be completed in just a few steps. 

  • Step 1: Select a software wallet app you want to use.
  • Step 2: Download the wallet app to your phone or computer. 
  • Step 3: Create an account. 
  • Step 4: Transfer assets.

How Does A Cryptocurrency Wallet on Omega Trade Work?

A cryptocurrency wallet is a device or program that stores your cryptocurrency keys and allows you to access your coins. Wallets contain a public key (the wallet address) and your private keys needed to sign cryptocurrency transactions. The coins exist on a blockchain and the wallet software allows you to interact with the balances held on that blockchain. The wallet itself stores addresses and allows their owners to move coins elsewhere while also letting others see the balance held at any given address

Pros
  • Free withdrawals
  • No deposit fees
  • Supports credit/debit cards and e-wallets
Cons
  • Deposits may take up to 2 days to process

Are there any fees at Omega Trade?

Straightforward pricing and for you that means $0.00 commissions on online exchange listed US stock, domestic and Canadian ETF, and option trades, regardless of account balance or how many shares you buy. For options trades a $0.65 per contract fee applies. You won’t be charged any platform, inactivity, or market data fees.

WEB Platform

Pros
  • User-friendly
  • Easy navigation
  • Languages: English, Polish, French
Cons
  • No two-step login

Reviews about Omega Trade on Trustpilot:

Reviews about Omega Trade on Trustpilot are mostly positive and correspond to the information provided on the company’s official website. Users often note the prompt work of technical support, which quickly solves problems that arise.

Can Omega Trade be trusted?

Yes, Omega Trade is trustworthy. Founded in 2016, the company adheres to strict regulatory standards from reputable tier 1 and tier 2 organisations, providing a safe and stable environment for forex and CFD trading.

Is Omega Trade suitable for long-term investments?

There is no doubt that Omega Trade is suitable for long-term investments. While the company’s initial focus on CFDs and copy-trading may not have appealed to long-term investors, over time it has adapted its services to meet the needs of those looking for long-term investment opportunities.

Why do some people criticise Omega Trade?

Criticism of Omega Trade often stems from user error, rather than flaws in the platform itself. Many complaints come from inexperienced investors dealing with highly volatile assets such as cryptocurrencies or trying to exit investments quickly, which can lead to losses.

Other review of Omega Trade:

Medium

Omega Trade Details:

🧩 Platforms:MetaTrader 4; WebTrader
💳 Payment Methods:Apple Pay; Bitcoin;  Ethereum; PayPal; USDT
💼 Withdrawal Methods:Crypto
📄 Regulation:FISEU
🌍 Languages:English; French; Polish
💲 Currency pairs:BTC/USD;  CAD/CHF;  CHF/JPY; ETH/USD,  EUR/USD;  GBP/USD
✏️ Established:2016

$250
Minimum deposit
The platform utilizes advanced encryption, multi-factor authentication and cold storage solutions to protect funds from potential threats.

5.0
Trust & Safety
5.0
Platform & App
5.0
Non-trading Fees
4.0
Customer Service
4.8 Overall Rating

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