One Financial Markets Review

One Finance Markets is a brokerage company which was established in London in 2007. The mother company, C B Financial Services manages this broker. This is a broker that became global by opening offices in Europe, Middle East, South America, and the central and southern East parts of Asia. It has also received several awards for its service.

Leverage

The regulatory restrictions were recently changed in Europe, which is why traders in Europe can trade with the maximum leverage. For other areas, jurisdiction ratios vary depending on the regulatory restrictions set in a specific jurisdiction.

Account types

One Finance Markets offers two types of accounts. They are both easy to create and just take three steps. Simply apply, make a payment, and start trading. The standard account allows you to use all FX and CFD products that include commodities, Indices, and Cryptocurrencies. The initial deposit on this account is $250. The minimum trade volume at the Standard account is 0.01 per lot and leverage up to 1:1400.

On the other hand, the DMA account allows you Direct Market Access with a minimum deposit of $10,000. The minimum volume here is 0.1 lot and spreads starting from 0.0 pips. You can also create a demo account to test out different strategies without the risk of trading in real life. One Finance Markets also offers swap-free accounts for those trading under Islamic rules.

Deposits and withdrawals

This broker allows you to make payments through bank transfers, credit/debit cards, and e-payments through Neteller, Skrill, etc.  The minimum deposit may vary depending on which method you use. Typically, it is $250, but there is no minimum amount for bank transfers. When depositing through credit or debit cards, the minimum deposit is $50.

When it comes to withdrawals, you can make card payments or bank transfers. Using a debit/credit card has no fees but a $25 processing fee it charged if you use SWIFT internationally. Standard payments can be completed anywhere between the same day or 3-5 business days.

Fees

As mentioned before, there may be a deposit or withdrawal fee depending on which transfer method you use. The conversion fee also varies between your base currency, receiving currency, and your payment provider.

It does not charge inactivity fees. Therefore, if your account is not in use, you should close it properly with the help of the customer support team. However, there may be an inactivity fees charged if there is no trading activity going on as dictated by the broker. There is also a commission fee which is considered a service charge to facilitate the assets.

Trading platforms

This broker offers MT4 platform which is the most basic and popular platform. One Financial Markets also has its own trading platform. These are fully equipped and allow you access to free technical analysis. Furthermore, you can install the official app on your mobile phone to trade whenever you want and receive notifications. This app is supported on iOS and Android to allow more traders to use the account.

Education

Since One Financial Markets wants to provide a helpful platform for beginner traders as well, it has developed an education center known as the One Trading Academy. This is a place to get free learning resources to add to your trading knowledge and will definitely help beginning traders on their journey.

Customer support

To communicate with the customer support team here, there are a variety of languages available including English, Spanish, and even Arabic. You can contact them through email or live chat, which is a faster method. This team is trained to answer your questions relevantly and quickly. When it comes to new traders, they may have difficulty finding their way around the site, but the customer support staff can help out on time.

Conclusion

One Financial Markets is a broker that has a good image in the middle East and Asia. It is strictly regulated, guaranteeing you a good trading experience. It has several tools and features to make online trading easy and convenient for you no matter what your rank is.