The site is owned and operated by OneFxGroup, allegedly registered in Ireland and headquartered in Dublin, but this has not been confirmed. According to the provided information, the broker positions itself as a large project with a team of over 100 employees with more than 370 thousand clients. Besides, the firm discloses the launch date of the project as 2020. As for the domain, it was registered only in September 2023. It’s worth noting that the site owners do not provide data about the license for financial activity. In addition, the interface supports English (by default), French, and Spanish.
Can this company be trusted? How safe is it to trade here? We decided to analyze the activity of the forex broker and the functionality of this platform to check the information provided on the website.
OneFxGroup provides users with an advanced MetaTrader 5 platform.
Traders can use 3 and 12-month subscriptions for CFD trading, which must be prepaid and cannot be terminated early. Clients can deposit and withdraw funds via e-wallets, bank transfers, and credit/debit cards. There are no commissions for any transactions.
The broker offers 5 tariff plans, which differ in the set of options, the amounts of minimum deposit are hidden from unregistered clients. You can choose a suitable tariff from the following options:
- Explorer – leverage 1:100, welcome bonus 30% of the deposit amount.
- Basic – leverage 1:100, welcome bonus 50% of the deposit amount.
- Silver – leverage 1:200, welcome bonus 75% of the deposit amount, spreads 20%, swap 10%, monthly meetings with an analyst.
- Gold – leverage 1:300, welcome bonus 100% of the deposit amount, spreads 20%, swap 10%, weekly meetings with an analyst
- Platinum – leverage 1:400, spreads 50%, swap 40%, weekly meetings with an analyst, professional chat.
OneFxGroup offers additional services of a personal manager, signals, and weekly market reviews. The remaining bonuses are deposit ones, which are ranked by the amount on the account. You will not be able to withdraw the bonus without fulfilling the condition on the “required volume” of trading, which is equal to 1/4 of the amount of the bonus received.
A client’s withdrawal request is fulfilled within 6 business days. Onefxgroup may require additional documents from you to process your withdrawal request. You will find news, financial research, and training materials on this company’s website.
Would investing in OneFxGroup offer the best returns?
Your cooperation with this project is more likely to end in losing your capital rather than earning profits. The huge leverage of 1:400 is many times higher than the risks of losing money in CFD trading. European regulators limit maximum leverage to 1:30.
Does OneFxGroup carry out withdrawals?
Our analysis of the site showed that if you deposit money into the account of this company, you will hardly be able to withdraw it back. Many clients note in their reviews that the broker does not withdraw their funds. Write a comment about your experience with this platform, if you have one.
May I be scammed on onefxgroup.com?
Yes, there is a high risk of scamming on this site. The brokerage company operates on the financial market without a license, the fresh domain contradicts its data about 370 thousand users, and the platform partially hides trading conditions. Finally, a very bad website with a cheap design cannot be used by a reliable forex service.
What's the best way to share my experience with OneFxGroup?
Fill out the form and we'll make sure your voice is heard.
How can I tell if onefxgroup.com is a fraudulent company?
Do your own research and never believe those who promise you easy money.