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.
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.
I have made about 1,270 dollars here, but no one is giving me this money back! They are scammers who cover themselves with the fact that I can not pass the verification :( they claim that my documents are not real and without verification they can not withdraw anything to me! Deception, the real scam!!!
Run away from this broker very quickly! Otherwise, you will be left without money. This company will swindle you out of all your funds. Managers know how to do just that. You will not be able to trade here. I gave them $2,400. I am very sorry that my money went to these thieves :( I would rather give it to charity.
I did not find anything good in this platform, despite the promises of managers, and no profit I earned. Yes, I had grandiose plans to earn a lot with OmegaTraderCenter, but in reality, it turned out that I faced only losses. As it turned out, managers simulate trading here and there are no trades with financial instruments. They do it only to extract additional funds from clients. I funded my account several times, following the advice of my personal consultant, because I thought I could earn even more. It was an illusion, a fairy tale turned into an ugly truth when I tried to withdraw $2.5k. The broker rejected all my withdrawal requests from my omegatradercenter.com account. Tech support was also unresponsive to my requests. I don't advise you to open an account here, it's a scam! You don't have to follow my advice unless of course you have extra money and want to throw it away - then gift your investment to these crooks.
I explain for those who do not understand that there are scammers in the Forex market: omegatradercenter is a SCAM!!!! You don't need to have super powers to realize this. You should know the elementary criteria of choosing a broker, and you can very easily find out that the broker in front of you is not a broker, but a fake resource. You can check the registration of the company and make sure that omegatradercenter does not have it, which means that legally it does not exist. Therefore, it does not and cannot have a License either. Everything that scammers tell about their project is a brazen deception that has nothing to do with reality. Only false data helps scammers to deceive people and move the victims' money into their pockets. I don't see anything surprising that inexperienced traders trust assertive scammers who brazenly lie about 25 years of firm's age and 30 offices all over the world without showing any proof.
I have been working with my broker for about two months. I registered quickly at omegatradercenter.com and the verification took a long time, I had already lost hope that it would be approved. Now I earn by scalping, as the speed is good on the terminal. However, Omegatradercenter has many disadvantages, for example, in the terms and conditions it is written that the spread is 0, but in fact, there is a minimum of 1-1.5 points. Why didn't the broker specify the real figures at once, instead of promising something that doesn't correspond to reality?! This broker is a newcomer and it is trying to attract traders to it in every possible way, offering various bonuses and contests. I don't see anything wrong in it - it's a good PR-campaign, but experienced traders realize that it's hard to make a lot of money with 250 USD on your account. You need a good start to make good profits. To reduce costs, I try to have time to close all transactions during the day, rather than hoping for prize money. I have claims to the employees, as I applied to the technical support, and although they answer me quickly, but I wait for 3 days for the decision of questions. I do not invest a lot of money here and continue to work with other brokers in parallel, it is more reliable.
I have wanted to try my hand at trading for a long time, but I was afraid to take risks. I wanted to find a company where I could get the full range of brokerage services. OMEGATRADERCENTER seemed to be just such a company. Its representatives promised to provide access to a minimum account and a personal analyst. However, as soon as I registered at omegatradercenter.com, it turned out that I had to skip the first step and I had to start trading right away with a $5,000 deposit. Of course, I was surprised but the analyst assured me that he would be there for me and I could not worry about my money. What was my disappointment when all my funds were gone from the deposit in just a couple of trades... I want to say to those who hope that they can get their money out of OMEGATRADERCENTER - don't get your hopes up! You will just waste your time and you will not find a way to get your money back even with the help of chargeback, I tried it but it's useless.
This broker is a scam and is far from being a decent financial service provider. I funded my account with €5,000, I was trading with profit for a few days, and everything was fine at omegatradercenter.com. However, then it so happened that I needed to take a break from trading for family reasons and I did not appear on the platform for literally 3-4 days. When I got free and logged into my account, it turned out that there was no money in my account! I started to write to support and asked: what's the matter, what happened? Omegatradercenter operator told me that my funds were charged for inactivity on my account. Now, if I returned, I can only start trading again after replenishing my account. “Good” rules for the service!!! This is a scam, stealing the client's money, and in a brazen and cynical way...
I think that traders should appreciate such platforms for the great earning opportunities and you should start cooperating with them immediately. I started trading with OmegaTraderCenter just 3 weeks ago and I have already pocketed ₣2,230 in such a short period of trading. I made money mainly on the Euro pair and I soon withdrew 70% of the money I received to my e-wallet. I am thinking about starting to invest in other assets offered by this project as soon as possible, which will also bring me a good profit. I plan to deposit another ₣15,000 or more into my omegatradercenter.com account to move up to a higher account level. Meanwhile, I have also had some problems with this resource. For instance, the platform stopped working for me at one point, a week ago, there was no access to my account, and I was already starting to panic. The account was not opened, and a large amount remained on my account. Two days passed while the technical support responded to my emails, and literally the same evening the operators fixed everything, they opened access and I can trade again. I give a rating of 4 points precisely because of the sudden blocking of the account.