The company claims to have been operating in the market for more than 25 years and is headquartered in Switzerland. In addition, there are more than 30 offices around the world, and the firm employs more than 1,000 people. However, there is no documentary evidence to support all of these figures. Finally, copies of the licenses are not available on the official website.

Is it reasonable to trust the words of this intermediary or is it worth checking its legitimacy? If you have any doubts about the reliability of OmegaTraderCenter, read our review about the legal and other aspects of this broker.

How to Trade

The minimum deposit is listed at $250, although the lowest of the six plans requires at least $5,000. The broker offers the following features to clients, regardless of the trading plan:

  • Leverage 1:200.
  • Minimum trading lot size 0.01.
  • CFDs on indices, currency pairs, ETFs, commodities, and stocks.

The intermediary promises traders “low spreads and commissions” but does not specify fees. An Islamic account is available to those who can deposit $1,000,000.

The brokerage says it may close or suspend a client’s account due to violation of any trading terms.

Additional services available to users include personal managers, sessions with a market analyst, and webinars. The firm provides 6 phone numbers in different countries, through which customers can contact technical support.

OmegaTraderCenter Vital Info

The site owners ignored the date of the project’s foundation. The qualifications of market analysts are also unknown and there is no confirmation of their competence through diplomas. In addition, the broker does not disclose any facts from its history. However, we can determine the term of the resource by the date of domain registration, which was created only in June 2024. Thus, the project was launched several weeks ago and there can be no talk of 25 years of its operation.

The company lists its headquarters address as Switzerland. Meanwhile, the legal entity OmegaTraderCenter is not present in the registry of this country. It is possible that the broker is acting illegally. Note that when you click on the “MORE INFORMATION” link under the “REGULATED FOREX BROKER” tab, you are again taken to the home page of the site, where there is no mention of a license.

FAQ

What are the key facts about OmegaTraderCenter?

The company provides false information about its registered office in Switzerland. It is not listed in the broker registers of any country. In addition, the website does not contain a company registration number, copies of certificates and licenses. The fresh domain does not match the stated 25-year financial activity of the project.

What's the risk to my wallet when working with this broker?

As our research shows, this broker is not licensed and it is not registered in Switzerland, although it claims otherwise. Besides the obvious signs of illegal activity, we see a huge leverage of 1:600, which is limited to 1:30 by the Swiss regulator. Therefore, you risk losing 100% of your investment in CFD trading on an unknown platform.

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