Meet OneFxGroup – a company that calls itself a leading provider of brokerage services. More than 370,000 clients trade here, and the headquarters is located in Ireland. Online reviews do not give us a clear understanding of the broker, whether it can be trusted or not, and how profitable the conditions are here. At the same time, it is worth noting the absence of a license and legal documents. So, what is the platform really like?

How to Trade

According to information from the official website, clients are offered to trade on the modern MetaTrader 5 platform with leverage ranging from 1:100 to 1:400, depending on the chosen tariff. OneFxGroup also provides a welcome bonus ranging from 30% to 150%, 24/7 customer support, and a personal analyst. The better the account type, the more favorable the swaps and spreads, the wider the leverage, and the more additional opportunities:

  • Daily market update.
  • News alerts.
  • Private sessions.
  • Market reviews.
  • Smart money management plan.
  • Protected trades from account analysts.
  • Portfolio management.

To start trading, it is enough to register an account and replenish the deposit using one of the proposed methods. Beginners can get access to the training academy from OneFxGroup, and experienced traders can receive signals.

OneFxGroup Vital Info

The broker’s operating period is unknown because there is no such information on the website. In addition, there are no registration documents that could give us a clue about the platform’s launch date. Considering the small number of online reviews and a domain created only on September 12, 2023, we can confidently conclude that OneFxGroup is a young firm that has started its operations quite recently.

The company discloses its headquarters, which is located in Ireland. However, for unknown reasons, neither OneFxGroup nor the MGDA Holdings organization can be found in the registry of legal entities. The same applies to the registry of the Central Bank of Ireland, which oversees all brokers in the country. It is quite strange to see this.


What are the key facts about OneFxGroup?

The broker has a very young domain, which shows when it was actually founded. Moreover, the founding date and legal documents are missing from the website. In addition, no such company was found in Ireland, and there is no license from the Central Bank. Despite this, the company boasts 370,000 clients and more than 100 employees. Can you believe this? It's up to you to decide.

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

The firm does not have a license, and its legitimacy is highly questionable. Such companies are very dangerous, and their danger lies in the impossibility of withdrawing funds. You can replenish your deposit at OneFxGroup, but you won’t be able to get it back, not even a part of it. If the organization had a license and a real registration, these would be guarantees that the broker is genuine and would withdraw money. It is not worth risking your money by trading on such platforms.

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