One Financial Markets Review: Is this broker legit, safe and trustworthy for
UAE citizens and residents?
One Financial Markets - Local forex broker with an office at Dubai International Financial Centre at Index Tower.
Yes, this broker's official website and app are legit, safe and trustworthy for UAE citizens and residents.
One Financial Markets has decent reviews on Reddit and Quora, including satisfactory ratings on sites like Trustpilot. Thus, overall this broker is considered reliable for online trading of currencies, cryptocurrencies, CFDs and stocks.
Since 2007, One Financial Markets has been a well-known broker in the
industry. In addition to its headquarters throughout the United Arab Emirates,
One Financial Markets maintains offices in the United Kingdom. The majority of
them are well-suited for One Financial Markets to supply their Forex/CFD trading
services to international customers on a regular basis.
This broker is also regulated by the FCA (UK) under licence number 466201, the SFC (Hong Kong) under licence number BFZ621, and the Financial Commission under licence number 14.05.2020.
Aside from the forex demo account, this broker also provides Standard accounts. In order to handle your trading account properly, you must also take into consideration leverage and the minimum deposit. When it comes to leverage in general, One Financial Markets offers up to a 1:30 leverage ratio at the highest level of risk. In the meanwhile, you may create a bank account with a $250 initial deposit to get started.
One Financial Markets, in addition to offering a large number of currency pairs, it provides a variety of instruments for you to trade on, including forex, CFDs, indexes, energies, and cryptocurrencies for your convenience. Keep in mind that the trading conditions for various instruments will vary from one another. In this situation, you must make certain that your technique is well-suited to the instrument you have chosen for trading.
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Wire transfer is the most widely utilised mode of payment in the world. Almost all brokers throughout the globe provide this strategy as part of their service offerings. The reason for this is that wire transfer is essentially a standard transfer between banks all over the globe. As a result, the safety of this procedure is ensured. This is very beneficial for traders who choose not to accept third-party payments or who do not accept credit cards.
Skrill is a payment service provider that is available to almost all forex brokers in most cases. The primary reasons for traders to use this method are the speed, simplicity, and security of the transactions. Traders may fund their trading accounts with Skrill using a variety of methods, including credit cards, bank wire transfers, and funds straight from their Skrill e-wallet accounts.
Neteller, like PayPal, is one of the most widely used online payment systems available today. Because of its widespread use, practically all forex brokers now allow Neteller as a payment mechanism for both money deposits and withdrawals from their customers' accounts. Despite the fact that the Neteller system is accessible practically everywhere in the globe, it continues to be very popular in Europe.
FasaPay, also known as an e-payment for retail forex traders, is distinguished by the fact that it does not impose a significant cost, providing it a competitive advantage over other e-payments in the forex brokerage market. One of its benefits is that it is a completely instantaneous procedure.
One Financial Markets also accepts credit/debit cards as well as UnionPay as forms of payment.
A trading platform is a technology that allows you to purchase or sell an instrument with a few clicks on your smartphone, from any location and at any time. The chart is also frequently equipped with additional analytical tools that allow you to better understand the price movement and, as a result, boost your profitability by making well-thought-out transactions.
When it comes to numerous factors, including trading instruments, deposits and withdrawals, as well as customer assistance, a reputable broker is an excellent service for traders. Something that is beneficial to one trader may not necessarily be beneficial to another trader. As a result, the meaning of the phrase "a good broker" might vary. The factors listed below might assist in making your own determination as to whether One Financial Markets is a suitable broker for you or not. Overall, One Financial Markets offers trading services in the following instruments: forex, CFD, indexes, energies, and cryptocurrency. When it comes to payment options, you have a choice of credit/debit cards, FasaPay, Neteller, Skrill, UnionPay, and wire transfer to make your purchase. Customer service is offered by email, forum, phone, and a web-based contact form.
One Financial Markets is regulated by the FCA (UK) under licence number 466201, the SFC (Hong Kong) under licence number BFZ621, and the Financial Commission under licence number 14.05.2020. It is more responsible to trade in an atmosphere where the broker is regulated. You may also anticipate more assurances about the security of your cash since various regulatory frameworks in the financial sector demand the establishment of a compensation mechanism in the event of a catastrophic event that results in financial losses for customers.
Established in 2007, One Financial Markets is a brokerage firm that provides trading services to customers from its locations in the United Arab Emirates and the United Kingdom.
This broker was not included in our Broker Review Audit for the year 2022. This is due to the fact that it has failed to pass our first screening procedure in the previous 12 months and does not come highly recommended by our team of experts. As a result, some of the information included on this site may be out of current.
We evaluate all brokers according to a stringent and proprietary system, ensuring that we only promote high-quality businesses that you can put your faith into. This technique takes into account more than 200 criterion points, which are divided into the following categories: safety, fees, platforms, goods, payments, and customer service. After that, each broker is assigned a score out of 100. We update our technique, as well as our suggested reviews, on an annual basis to ensure that you are only provided the most up to date information.
We will not suggest a broker to you if his or her score is less than 80, as it is in this case. We don't update these reviews either, in order to save you time and prevent you from being inconvenienced. We understand that you are not interested in reading a lengthy critique of an untrustworthy broker. As an alternative, you may make use of the search engine provided below to locate a high-scoring broker who takes customers from your nation.
One Financial Markets is an online broker that specialises in providing execution-only services to investors who wish to trade in foreign exchange, CFDs (Contracts for Difference), and a variety of other financial products. One Financial Markets is the online trading name of a firm named CB Financial Services, which is based in the United Kingdom and operates as a financial services provider. It was established in 2007 and is registered and regulated by the Financial Conduct Authority (FCA), yet it has gained a positive reputation in the Middle East. Part of this is due to the fact that the company's trading conditions and facilities are tailored to satisfy the needs of Arabic customers, as well as the fact that it has offices in Dubai, Abu Dhabi, Kuwait, and Jeddah, all of which are in Saudi Arabia. Trading options with One Financial Markets include 50 currency pairs, including the majors and a few exotics, CFDs, bullion, indices, treasuries, commodities and energy futures contracts as well as exchange traded futures. The broker's website is accessible in seven different languages, and in addition to offering services to retail consumers, they also have a range of products designed exclusively for institutions. These services are referred to as 'White Label' services.
According to the One Financial Markets website, they provide accounts for every kind of trader imaginable. Nevertheless, they only provide two options, which is certain to leave some kinds of traders feeling a little let down. Nonetheless, these two accounts have shown to be successful in meeting the needs of an increasing number of customers. The first kind of account is the Standard account, which requires a $250 minimum deposit. The liquidation threshold has been set at 10%, with the smallest margin requirement being 0.25 percent of the total. Trade commodities, indexes, and futures CFDs using this account. Alternatively, this account may be used just for forex trading if that is what the user prefers.
As an alternative, One Financial Markets also provides an ECN account, which is strictly limited to Forex trading exclusively. The minimum initial amount is $5,000, and the margin call is set at 175 percent of the total opening balance. The liquidity level is 125 percent, and the minimum margin requirement is 2 percent. This account may only be used in conjunction with the MT4 trading platform.
A small number of current brokers are daring enough to function without the widely used MetaTrader platform as one of their trading platforms, and One Financial Markets is no exception to this rule. MT4 is the most popular trading platform in the world, and many traders choose to utilise it. However, there is also ONE Web Trader, which has been created to work in conjunction with their existing desktop and mobile trading platforms. Web Trader is a browser-based platform that enables you to access your accounts from any desktop computer with an internet connection. It comes with free technical analysis tools and technical indicators, as well as access to your entire account history and the ability to trade directly from charts.
MT4 mobile is a trading platform designed for traders who want to trade from their smartphones or other mobile devices. It enables traders to make orders, obtain account information, and keep track of their positions from any location they choose. Assuming, of course, that there is a reliable internet connection available.
In the event that you have a friend who would be interested in joining up with One Financial Markets, you can take advantage of the referral incentive to incentivize you to suggest that they do so right away. If customers successfully establish an account, deposit cash, and begin trading, they will be eligible to get up to $350 in bonus trading money, which can be claimed immediately. A trade bonus of up to $300 will be awarded to the buddy who refers a friend to the site.
One Financial Markets' offices are open 24 hours a day, 5 days a week. They are located in the heart of downtown Toronto. If you have a specific question, you may call one of a variety of specialised phone lines that are available. A live chat option as well as the ability to send an email is available if you prefer this method of communication instead. One Financial Markets' Academy provides a wealth of information for new traders looking to learn the ropes of the trading business. A fundamental introduction to the markets is provided, which covers topics such as getting started, financial markets, market players, kinds of products, and investors. In addition, the Academy covers topics that are far more complicated, such as trading psychology and investing methods, among others. One Financial Markets has also formed a partnership with Lex van Dam, one of the most well-known hedge fund managers and trading lecturers in the United Kingdom. When you begin trading with One, you will get $500 in free expert instruction from him.
Visa, Mastercard, Solo, Switch, Maestro, bank and wire transfer, Neteller, and Skrill are all accepted as payment options, as are all of the major credit cards. Paying clients residing in the United Arab Emirates is made possible thanks to the UAE Exchange system.
It is necessary to make a minimum deposit of $250 in order to open a live account. While One Financial Markets does not give a demo account, they do have a practise account that you may use to practise and get familiar with their platform.
One Financial Markets, which is regulated by the Financial Conduct Authority in the United Kingdom (FRN: 466201), puts all of its customers' money in segregated bank accounts with tier-1 financial institutions. Its headquarters are in the United Kingdom, where One Financial Markets was established in 2007.
If you want to obtain the most up-to-date information straight from One Financial Markets while we show you the details of their spreads, fees, platforms, and trading tools, you may open their website in a new tab by clicking the button below to open their website in a new tab.
One Financial Markets, like the majority of brokers, charges a fee based on the spread, which is the difference between the price of an item when it is purchased and when it is sold.
Spreads are dynamic and should only be used for informational purposes.
When it comes to trading EUR/USD at One Financial Markets, you'll see that
the minimum spread starts at 1 pip, which is a pretty high number when compared
to the average EUR/USD spread of 0.70 pip. The expenses of trading one lot of
EUR/USD with One Financial Markets are compared to those of trading with
comparable businesses in the table below.
One Financial Markets offers the well-known MT4 forex trading platform, which is provided by One Financial Markets. For a list of the best MT4 brokers, please see our MT4 broker comparison page. Their ECN FX platform is also customised to meet the needs of their clients.
Their mobile applications are now available for both Android and iOS devices, making it easier to monitor and perform transactions while on the road.
One Financial Markets provides the ability to execute a 0.01 Lot transaction. Depending on the sort of account you open, this may or may not be true. According to the trader and the instrument, the maximum trading criteria are different. Given the fact that they provide both ECN and STP execution, you may expect extraordinarily tight spreads and more transparency about the price you pay to execute your trades.
Depending on the nature of the market maker, One Financial Markets may have less stringent entry requirements than an ECN broker, which benefits from a larger volume of transactions but often has higher capital and minimum trading requirements. Market makers often have a lower minimum deposit requirement, lower minimum trading requirements, and do not charge a trade fee on their transactions.
The amount of margin required varies depending on the trader, the account, and the instrument. Their website has the most up-to-date information on margin needs.
Given that One Financial Markets is regulated by the Financial Conduct Authority, every new client is required to go through a few easy compliance checks to ensure that they understand the consequences of trading and that they are authorised to trade with us.
Because you'll be required to answer a few basic compliance queries in order to demonstrate your trading competence, give yourself at least 10 minutes to complete the account opening process.
It is important to remember that, although you may be able to visit their website right away, you will not be allowed to make any transactions until you have passed compliance, which may take several days depending on your scenario.
One Financial Markets is a broker that provides forex trading services. They provide traders with access to a diverse range of products across a number of markets, including currencies, indices, and commodities.
Depositing at least $250 is required in order to start a real-money trading account. One Financial Markets, on the other hand, provides a demo account that you may use to experiment and get comfortable with their platform.
The Financial Conduct Authority (FCA) in the United Kingdom regulates this industry (FRN: 466201). One Financial Markets holds all customer money in a segregated bank account with a tier-1 bank, which is maintained by the company. One Financial Markets has been in operation since 2007, with its headquarters in the United Kingdom.
If you want to see the most up-to-date information on One Financial Markets's spreads, fees, platforms, and trading features before continuing, you may want to open One Financial Markets's website in a new tab by clicking the button below. This will allow you to see the most up-to-date information directly from One Financial Markets before continuing.
One Financial Markets charges a commission based on the spread, which is the difference between the buy and sell prices of an asset. This is standard practise for most brokers.
C B Financial Services Ltd is a company registered with the Financial Conduct Authority (UK) under registration number 466201.
One Financial Markets (DIFC) Ltd is a company approved by the Dubai International Financial Center (DIFC) with registration number 2355.
One Financial Markets Ltd is a company registered with the Financial Services Commission of South Africa (FSCA) under registration number 45784.
one financial markets is a worldwide, award-winning online broker that offers retail clients trading and investing opportunities in forex and CFDs on indices, commodities, energy, bonds, and futures 24 hours a day, five days a week.
Originating as a brokerage business, One Financial Markets Ltd. was founded in London in 2007 and is managed by the parent company, C B Financial Services Ltd.
But the broker was able to establish a global presence while also providing local expertise through its owning or affiliate offices located in the Middle East and Europe, as well as in South America and Central and South East Asia. The broker also has conducted offices in Dubai, Kuwait, Hong Kong, and Shenzhen, all of which are also regulated by their respective local regulators.
One FIancial Markets is a reputable broker that offers a simple digital account opening process and a wide variety of deposit options. There are a variety of account kinds and instruments available, as well as a trading academy that provides excellent teaching.
On the negative side, there is no round-the-clock customer service.
One Financial Markets is not a fraud; it is a broker that is authorised by top-tier agencies, including the FCA and the DFSA, and provides excellent consumer protection.
One Financial Markets is the trade name of C B Financial Services Ltd, a business incorporated in the United Kingdom that has been authorised and regulated by the Financial Conduct Authority (FCA) from its inception. This implies that all activities of One Financial Markets trading services are carried out in full accordance with the safety procedures established by the Financial Conduct Authority (FCA).
In addition, One Financial Markets (DIFC) Ltd is registered in the Dubai International Financial Centre and is regulated by the Dubai Financial Services Authority, demonstrating its worldwide reach and presence. Along with its authorization in Australia, the company has been approved as an introducing agent of One Financial Markets, which is authorised and regulated by the Hong Kong Securities and Futures Commission (with SFC CE No BFZ621) and authorised by the Australian Securities and Investment Commission.
The broker complies with many laws and maintains strict client money standards, which gives its traders trust since all monies are held in segregated accounts at a number of big banks, according to their website. Aside from that, the broker is adequately financed and runs with reserves that are constantly more than the minimum Financial Resources Requirement that ensures the essential level of safety.
Residents of Europe will trade with a specific maximum level of leverage, or the multiplier, in accordance with the regulatory restrictions, which were recently modified in Europe by an ESMA regulation. Depending on the regulatory requirements in a particular jurisdiction, different ratios may be applied to One Financial Market accounts. These ratios vary from one jurisdiction to the next and are applied to One Financial Market accounts.
Consequently, while European resident traders are permitted to use a maximum leverage of 1:30, other entities may experience a significant increase in leverage up to 1:200 or even 1:300 on Forex instruments, as the authorities in Dubai (Find UAE forex brokers by clicking here), Hong Kong, and South Africa permit this.
In addition to giving access to all ranges of FX and CFD products including trading of commodities, indices, cryptocurrencies, shares and more, the broker is also offering regular account opening with an initial deposit of just $250. The ONE | Account is a single, readily accessible place that can be accessed from any device and provides complete account management, including account history and statements.
Of course, since the broker is based in the Middle East area, traders who want to open a swap-free account or an Islamic account that complies with Sharia regulations are welcome to submit their applications.
When it comes to financial markets, pricing and costs are mostly constructed into a spread. However, additional expenses such as financing fees and inactivity fees should be considered.
Through the use of STP technology, One Financial Markets is able to maintain a competitive edge in its spreads. See the live spread on the right for a minute while you're writing a review. For example, you might examine and compare the costs charged by IG to those charged by another respected brokerage, BlackBull Markets.
One Financial Markets accepts a range of payment ways; after your account has been established, you can simply go into your client site and check all available payment choices to make a withdrawal. To top it off, funds will be added to your landing account as soon as you make a deposit, allowing you to transfer funds to the appropriate trading account.
The addition of a landing account is indeed a very convenient feature, as it serves as a wallet and provides greater control over funds, which is especially useful when trading on multiple accounts.
The minimum deposit amount in one financial sector is 250 dollars. But this depends on the method you pick, since bank wire transfer needs no minimum deposit, while a credit card or an e-wallet deposit demands a minimum deposit of 50$.
One financial markets withdrawal option includes popular Transfers and Card Payments, as well as other less common choices. Note that certain payment options have costs associated with them; for example, although a deposit or withdrawal through credit/debit card will result in no fees, an international SWIFT transaction will result in a 25$ processing charge, among other things.
While trading, the broker uses the MT4 platform, which is well-known and in fact chosen by the most majority of retail traders. This helps to guarantee that customers are satisfied with their experience. Further, One Financial Markets provides suit trading platforms that allow traders to trade from any handy device with comfort and enjoyment. These platforms include ONE | MT4, ONE | Mobile, and ONE | Web Trader, among others.
Platforms are well suited to meet trade demands with unprecedented levels of immediacy, dependability, and integrity, and they are constantly improving. Technical research from one of the world's premier Independent Technical Analysis Research Houses – Trading Central – is available for free via the broker, as is the usage of a custom ONE Indicator series, which gives the required tools for analysing and executing trades.
Overall, when combined with the robust execution provided by the technology foundation of One Financial Markets, the combination creates a significant advantage in terms of trading performance.
When it comes to One Financial Markets, one of the most important techniques is to provide a diverse choice of products with very competitive trading costs and the lowest spreads possible, which are suited for both novice and experienced traders.
Furthermore, the broker strives to increase their clients' confidence and knowledge of trading, which is why they created the One Trading Academy, which is a module-based learning programme that is available on a free resource basis for groups or individuals, and is tailored for both new and experienced traders alike.
Aside from that, there is the Yasmeen Society, which was founded solely for women to promote female empowerment in the field of finance and investing, as well as among women in the Arabic-speaking community. The event, which includes organised training, commerce education, and the opportunity for women to discuss their business expertise, is open to anyone.
Within a short period of time, One Financial Markets established a strong reputation for quality, and the company has grown to become a well-known, popular broker across the Middle East and Asia. The broker is a dependable, well-timed organisation that provides traders with professional and specialised trading services that are adapted to their needs. One Financial Markets would also be an excellent partner for those looking for good opportunities to start and a properly established educational system from A to Z. Customers may contact the firm's customer support staff for assistance, and the company also offers innovative and competitive trading conditions that are ideal for traders of all sizes in the event that they need assistance.
One Financial Markets is a global, award-winning online broker that provides private and institutional investors with 24/5 trading facilities in forex and CFDs on stocks, indices, bullion, commodities, energies, and cryptocurrencies. One Financial Markets is headquartered in London, England.
Finding a reliable One Financial Markets review, whether in your local area or across the globe, may be a challenging task, particularly when trying to discover a comprehensive list from a respectable source.
One Financial Markets is the subject of the following in-depth evaluation, which will assist you in making an educated choice before creating an account or trading on their platform.
As a global financial institution based in London, One Financial Markets is authorised and regulated by the Financial Conduct Authority. The company has long-standing and dynamic relationships with members of the international financial community. It provides clients with consistent liquidity and tight trading spreads.
Since its founding in London in 2007, the One Financial Markets Group has created a worldwide footprint with local knowledge via its wholly-owned and affiliate offices throughout the Middle East, Europe, South America, Central and Southeast Asia, and other parts of the world.
As a result, One Financial Markets is a worldwide known brand that has been licenced in over 100 countries and is trusted by traders from all over the globe.
One Financial Markets has received a number of accolades in recognition of the high level of service it provides and the devotion it has shown to its customers. Among these honours are the ones listed below:
The JFEX Awards 2018 recognised the best forex customer service.
CN Forex is the best forex broker in the world.
Saudi Money Expo is the best institutional broker in the country.
Saudi Money Expo is the best FSA-registered broker.
Prospective traders should conduct a thorough examination of the many account kinds that a broker may provide, since these accounts are often tailored to meet the unique requirements of traders with varying degrees of expertise and trading methods.
The forex sector is made up of a diverse group of traders with a wide range of trading requirements, all of which are attempted to be met by most brokers via the supply of appropriate trading accounts. Accounts with no commissions, accounts with minimal spreads, and accounts with a managed portfolio are examples of this.
Some brokers, on the other hand, will only provide a single basic account type that is intended to appeal to a certain set of clients.
Trades should look for brokers that provide a free demo account, as this will enable users to try out the broker's features before choosing whether or not to open a genuine trading account with them.
In the event that you make an online deposit from inside the site, you have the option of adding money to either your loan account or to your trading account.
The monies from deposits made outside of the portal, such as bank transfers or online payments started via links on our website(s), will be put to your landing account, and you will be responsible for transferring the cash to your trading account.
The landing account serves as a wallet that is separate from your trading account, allowing you more control over your cash while trading on many accounts at the same time.
Because money held in a landing account is not included in your trading account balance and is not recognised as margin, you will need to transfer cash from your landing account to your trading account before you can begin to trade.
If you have funded your account with a credit or debit card, a fund withdrawal will only be conducted in respect of the amount that you have funded your account with, and will be returned to your card. Requests for payments to be made initially by credit card and then refunded to your bank account will be turned down.
One Financial Markets does not impose any extra costs for deposits or withdrawals; however, fees from financial institutions may apply in certain cases.
In exchange for its services, One Financial Markets receives a commission from the spread, which is the difference between the buy and sell prices of an asset. As a result, commission-free trading is available on both of the broker's account categories.
With a minimal spread of 0.7 pips, One Financial Markets offers competitive pricing for trading the EUR/USD currency pair. This is in comparison to the average EUR/USD spread of 1.7 pips. The entire list of spreads for each currency pair may be seen on the broker's website, which can be accessed directly.
In terms of leverage, One Financial Markets provides a maximum of 30:1 on its
Standard Account, which is quite low when compared to other brokers in the
sector, however this is likely owing to the broker's highly regulated nature.
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Because of the high-risk nature of the mechanism, several respected regulatory organisations have lately chosen to regulate the maximum leverage that brokers operating under their authorisation may give their clients.
Having said that, One Financial Markets provides a remarkable leverage ratio of 1:400 on its Professional Account, for which traders must first demonstrate that they have a sufficient investment portfolio to qualify.
When you make a trade, you must have sufficient accessible equity to satisfy the margin fees or other requirements of the position you are executing.
The required amount of margin must be maintained regardless of whether or not you make a profit or a loss on your account. The broker considers it your obligation to keep an eye on your account(s), and you may be required to make further deposits if the situation warrants it.
One Financial Markets places a strong emphasis on delivering a variety of ongoing trading incentives that are made accessible to both its clients and its affiliates in order to attract new customers.
As a result, the broker offers a variety of incentives to fit the needs of all of its customers, regardless of their account type or trading style.
Starting with account and referral bonuses and progressing to regular
competitions and varying promotions that offer tighter spreads on popular
products, the broker strives to constantly offer the most bespoke and dynamic
trading promotions in order to best serve its clients and affiliates,
One Financial Markets provides access to two of the most widely used trading platforms in the business, namely MetaTrader 4 and MetaTrader 5.
The MT4 platform is perfectly prepared to serve practically all trading requirements with exceptional speed, dependability, and integrity, making it the platform of choice for many traders.
It is thus well respected for its extensive functionality, which meets the needs of traders of diverse backgrounds and with a variety of trading techniques.
MT4 is accessible via web browsers, desktop computers, iPads, iPhones, and Android devices.
Users of MT5 may trade Forex and CFDs on stocks, commodities, indices, precious metals, energy, and cryptocurrencies all from a single trading platform.
Because it has additional indicators and analytical tools, as well as more customisation, MT5 combines the convenience of MT4 with the technical capability to serve even the most experienced traders in the world.
However, there are a few major distinctions between the two platforms, MetaTrader4 and Metatrader5. Although the two systems are extremely similar, there are a few key variations between the two.
In the first place, it should be noted that MT5 is a whole new trading platform, and not just an improvement to MT4. The initial trading platform, known as MT4, was introduced in 2005 and was designed particularly for forex investors. The architecture was created in such a way that positions and commands would be handled in a certain manner.
The site quickly gained popularity, and it became evident that there was a strong demand among stock traders for a platform that was comparable to it.
However, the position managing capabilities of MT4 did not meet the requirements of several stock exchanges' trading laws.
Because of this, MT5 was developed utilising a modified position and order handling mechanism in an effort to comply with the standards. The platform also received a slew of additional enhancements during this time period.
Aside from the basic differences between the two platforms, MT5 has a slew of new capabilities that were not previously available. While there are four different kinds of pending orders accessible on MT4, MT5 adds two more categories of pending orders to the mix.
These allow for the imposition of constraints on conditional orders. Stop-loss orders are more manageable as a result of this feature.
Perhaps the most significant distinction, apart from order and position management, is that MT5 can be used to trade several asset classes, with different accounts, and in more than one currency with no difficulty.
It also enables you to create several trading accounts and then move money from one account to another using the MT5 platform.
If you are positive that you will just be trading forex and CFDs, and you want to make things as simple as possible, MT4 is the preferable choice. It is a more straightforward platform that is easy to come to grips with. If you trade equities or a variety of asset classes, MT5 is unquestionably the best platform for you to use.
Among the approximately 111 different products available for trading at One Financial Markets are over 51 distinct currency pairings. From the broker's website, you may see the whole list of available properties.
One Financial Markets enables you to conduct a deal with a minimum lot size of 0.01 lot size. According on the kind of account you open, this amount may be different. According on the trader and the instrument, the maximum trading requirements might vary significantly.
Because One Financial Markets provides both ECN and STP execution, you can anticipate exceptionally narrow spreads and more transparency about the price you're paying to execute your transactions at One Financial Markets.
One Financial Markets, as a market maker, may have lower entrance criteria than an ECN broker, which benefits from a greater number of transactions but often has higher capital and minimum trading requirements due to the higher volume of trades.
Market makers often offer a lower minimum deposit, fewer minimum trading restrictions, and no fee on trades compared to other types of brokers.
One Financial Markets, which is licenced by the Financial Conduct Authority (FCA) in the United Kingdom, offers an extraordinarily safe trading environment (FRN: 466201).
The Financial Conduct Authority (FCA) supervises financial enterprises that provide services to customers and is responsible for maintaining the integrity of the financial markets in the United Kingdom. It focuses on the regulation of behaviour by financial services organisations, including retail and wholesale.
The organization's mission is to guarantee that people, companies, and the economy as a whole benefit from honest and fair market conditions.
Specifically, the Authority does this via consumer protection, protection of the financial markets, and promotion of competition. The Financial Conduct Authority (FCA) is under the jurisdiction of the Treasury and Parliament of the United Kingdom.
The FCA has broad authority to carry out its mission, including the ability to make rules and conduct investigations and enforcement actions. It also has authority to levy fees, which is important given the FCA's status as an independent entity that does not receive any government support.
As a result, One Financial Markets is permitted to implement a number of customer protection measures in accordance with this legislation.
These include maintaining client assets in segregated accounts and engaging in a compensation plan that protects customers in the case of a broker's bankruptcy, among other things.
One Financial Markets provides exceptional and prompt customer care, with a dedicated customer service staff situated across the globe, available 24 hours a day, seven days a week, giving multi-lingual help.
The customer service options include a live chat feature, a direct telephone number, and an online form for submitting questions.
Customer comments and corporate news are shared on a variety of social media sites, enabling consumers to stay up to date on the latest company news and advancements.
One Financial Markets offers independent research tools via its News Room, which may be accessed straight from the company's website.
From the broker's award-winning team of global market analysts, the News Room provides up-to-date market news, along with market commentary and daily market update videos on a variety of financial markets.
The News Room also includes an economic calendar as well as regularly updated corporate news, which allows customers to stay up to speed on internal modifications to the firm's features as well as the newest developments.
When it comes to extensive research offerings, One Financial Markets stands out. Its website provides access to Trading Central, One Indicator, Investment Strategies, and Live Trading Seminars, all of which are available straight from the company.
Trading Central gives investors with all of the tools they need to make educated trading choices via a series of informative technical analysis reports and daily newsletters, which they provide to its subscribers.
Trading Central has established a one-of-a-kind approach that has been the product of years of research and development work.
The relevance of their strategy has been time-tested and verified across the
major asset classes and in a variety of market environments. It is appropriate
for all investment horizons, from short-term to long-term.
Its Investment Strategies section contains up-to-date information on a variety of themes related to forex trading, such as the consequences of trade wars, forex trading ideas, overtrading, and the best beginning stocks to purchase.
For both account holders and non-account holders, One Financial Markets trading seminars are provided at no cost to them.
Through the provision of periodic educational seminars, training sessions, and market-focused briefings, these seminars are intended to keep trainees informed, educated, and confident in their trading abilities.
The "Build your own trading strategy- Step by Step" course provides a comprehensive overview of all aspects of foreign exchange trading. The course is divided into two parts.
In this customised training course, you will learn the fundamentals of foreign exchange, including decoding the jargon and understanding what you need to know in today's FX market.
One Financial Markets is a fantastic alternative for practically every trader, regardless of their experience level or trading style. The MetaTrader 4 and MetaTrader 5 trading platforms, which are quite popular, are provided by the broker to provide a sophisticated trading environment.
One Financial Markets has grown in popularity across the world, and it now boasts millions of satisfied customers.
Learn more about online trading brokers for UAE citizens and residents.
Sites like One Financial Markets in the UAE
Here is a list of top online brokers to open an account for trading Forex, Bitcoin, CFDs and Stocks in the UAE. These brokers have above-average reviews on sites like Reddit, Quora and Trustpilot; and are totally legit, safe and trustworthy for UAE citizens and residents.
The brokers listed on this webpage accept clients from within the United Arab Emirates. Most of these companies provide an online trading platform for fiat currencies (such as Pound Sterling, the Euro, the US dollar, Japanese Yen etc.), buying and selling of cryptocurrencies (for example Bitcoin, Ethereum, Tether, XRP etc.), stocks (this includes listings on Abu Dhabi Securities Exchange, Borse Dubai, Dubai Mercantile Exchange, Dubai Financial Market and NASDAQ Dubai), CFDs (Apple, Microsoft, Amazon, Google, Tesla etc.), UAE government and corporate bonds, and short-term to long-term fixed income securities.
- Olymp Trade - People simply love this one (Olymp Trade Review)
- Binance - World's largest cryptocurrency e-wallet and exchange that also has an online trading platform, where their members can invest or trade in virtually hundreds of cryptocurrencies and new tokens. (Binance Review)
- IG Markets UAE - UK broker located at Tower 2, Level 27, Al Fattan Currency House, DIFC. (IG Markets UAE Review)
- City Index Middle East - London-city broker with a branch in the UAE. (City Index Middle East Review)
- eToro - Social trading platform, but much better options are available out there. (eToro Review)
- Swissquote - It's a Swiss bank that offers an online trading platform for forex and CFD trading. (Swissquote Review)
- easyMarkets - Israeli brand that is big all over. (easyMarkets Review)
- OANDA - American broker that is now spreading its wings. (OANDA Review)
- Forex.com - Google ranks them in the top 10 for the term "forex". (Forex.com Review)
- Plus500 - UK brand that has its own platform, OK for CFDs, with mediocre reviews. (Plus500 Review)
- AvaTrade - Regulated by ADGM's Financial Services Regulatory Authority (FSRA) in Abu Dhabi. (AvaTrade Review)
- FXCM.com - Oldest brand when it comes to retail online forex trading. (FXCM.com Review)
- Mashreq Neo - An online trading platform provided by Mashreq Bank. (Mashreq Neo Review)
- ForexTime (FXTM) - Owned by Andrey Dashin from the Alpari broker fame. (ForexTime FXTM Review)
- Noor Capital - Licensed and Regulated by the UAE Central Bank and SCA. (Noor Capital Review)
- XM.com - XM broker is big in Africa and South East Asia, and now promoting themselves hard in the UAE. (XM.com Review)
- Saxo Bank - Danish Investment Bank with a long history of catering for premium forex investors. It also provides crypto trading facility. (Saxo Bank Review)
- Pepperstone - Originally Australian, but licensed locally by Dubai Financial Services Authority. (Pepperstone Review)
- ADSS - Based out of Abu Dhabi and regulated by the Central Bank of the United Arab Emirates. (ADSS Review)
- CMC Markets - UK-based broker that is popular among CFD traders. (CMC Markets Review)
- Orient Finance - Local online-trading broker that caters to novice traders looking to invest in the foreign exchange markets. (Orient Finance Review)
- Alfa Financial - Their office is located at City Centre Deira on Port Saeed Road; and generally tends to attract investors within Dubai. (Alfa Financial Review)
- One Financial Markets - Local forex broker with an office at Dubai International Financial Centre at Index Tower. (One Financial Markets Review)
- Amana Capital - A broker located at Central Park Towers, Dubai International Financial Center. (Amana Capital Review)
- ETX Capital - UK broker that has a decent reputation among Arab investors. (ETX Capital Review)
- Century Financial - Old online-trading broker with an office at Level 6, Building 4, Emaar Square, Downtown Dubai. (Century Financial Review)
- IFCM UAE - Nothing special about IFC Markets, but it does have a dedicated .AE website for UAE clients. (IFCM UAE Review)
- EARNEX - This one is present at Jumeirah Lakes Towers and is licensed by the SCA. (EARNEX Review)
- Interactive Brokers - American online-trading broker that is expanding into Asian and Arab markets nowadays. (Interactive Brokers Review)
- Rakuten Securities - Japanese broker that usually looks out for large institutional investors. (Rakuten Securities Review)
- Dukascopy Bank SA - Swiss bank that offers online forex trading on its own proprietary platform. (Dukascopy Bank SA Review)
- Gulfbrokers ae - Dubai Multi Commodities Centre (DMCC) regulates this broker, but there nothing extraordinary about this brand. (Gulfbrokers AE Review)
- IQ Option - It's a below-average broker with no Dubai office, but does have a toll-free virtual number for UAE: 800 032 0891 -> No Arabic, English only. (IQ Option Review)
Reviewed by Arpita Singh
Arpita Singh is the main writer at ForexBroker.ae. As a senior investment professional with 10+ years of experience working at top-tier Private Equity and Sovereign Wealth Fund; she is also responsible for fact-checking concepts, reviews, and related details about brokers and exchanges listed on this website. Full Bio.