In this OMF.nz Review, we are going to take a look at the offer that this broker prepared for its traders. OMF.nz operates on the financial market since 2004. When it comes to trading platforms, the broker features MetaTrader 4. The OMF.nz minimum deposit is 6000 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this OMF.nz Review
Website address: | omf.co.nz |
Operated by: | OM Financial Limited. |
Licensed and authorised by regulatory bodies: | |
Supported languages: | English |
Customer support available via: | E-mail, phone, live-chat |
Contact details: | [email protected] +64 9 520 9310 |
Available deposit methods: | Wire transfer |
Available withdrawal methods: | Wire transfer |
Minimum deposit: | 6000 USD |
Min. trade in lots: | 0.01 |
Spreads: | Minimal spread on the currency pair EUR/USD - 1,0 pips * on standard account type |
Tradable assets: Might be a CFD. | Forex, commodities |
Mobile app: | |
MetaTrader 4: | |
Other trading platforms: | |
Social trading: |
OMF.nz Fees (minimal spreads)
We have scanned fees (minimal spreads) that OMF.nz charges when trading popular currency pairs, here is their breakdown in pips.
EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
---|---|---|---|---|---|
* | 1,0* | * | * | * | * |
*Minimal spreads were recorded on 17.09.2020 at 10:00 for the standard account. OMF.nz spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: CityOfLondonMarkets, Bulltraders, ACMBrokers and ExtickPro
Frequently Asked Questions
🧐 Is OMF.nz a Scam?
In accordance with our research, OMF.nz is an offshore unregulated broker. This alone does not mean it is a scam, but you should be even more careful with such a provider than with a regulated broker. In order to be sure that OMF.nz is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the OMF.nz minimum deposit?
In order to start trading with OMF.nz, you have to deposit at least 6000 USD (Trading accounts can also be held in USD, EUR, NZD).
📵 What deposit and withdrawal methods OMF.nz supports?
⚖️ Would you recommend me choosing OMF.nz?
We don’t have our own personal experience with OMF.nz. However, because it is a broker that in accordance with our research lacks any regulation, we would be quite sceptical if we were to trade with such a provider. While there is a decent chance that OMF.nz is not a scam, there is no reason to take the risk of trading trade with an unregulated broker, especially when considering there are hundreds of brokers regulated in the EU, Australia, Africa and the USA offering similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.