Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

What is One Financial Markets？

One Financial Markets is an online forex and CFDs broker, founded in 2007 and headquartered in London, UK. It offers access to a wide range of tradable instruments, including forex, commodities, indices, stocks, and CFDs through the MT4/5 trading platforms. The company is currently under the supervision of the UK Financial Conduct Authority (FCA), with regulation number 466201.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

One Financial Markets offers several advantages such as being regulated by the United Kingdom Financial Conduct Authority (FCA), providing a wide range of tradable instruments, and offering multiple trading platforms including MT4 and MT5. They also provide competitive spreads and leverage options, as well as dedicated customer support and educational resources for traders.

However, it's important to be cautious due to reports of withdrawal issues and scams associated with the company. Traders should carefully review the available information and consider the associated risks before engaging with One Financial Markets.

One Financial Markets Alternative Brokers

There are many alternative brokers to One Financial Markets depending on the specific needs and preferences of the trader. Some popular options include:

• FXCM - A well-established and reputable broker with a range of trading instruments and platforms, suitable for both beginner and advanced traders.

• CMC Markets - A trusted broker offering a wide range of tradable instruments, advanced trading tools, and comprehensive research, making it a good choice for traders of all levels.

• Darwinex - A unique broker that combines social trading with investment strategies, allowing traders to follow successful strategies and potentially profit from them, making it a compelling option for those seeking innovative trading approaches.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is One Financial Markets Safe or Scam？

One Financial Markets, being regulated by the United Kingdom Financial Conduct Authority (FCA, License No. 466201) with a valid license, provides a level of credibility and accountability. Regulatory oversight helps ensure that the broker operates in compliance with established standards, including client fund protection and fair trading practices. However, it is always recommended for traders to conduct their due diligence, review available information, and consider their own risk tolerance before engaging with any broker.

Market Instruments

One Financial Markets offers a diverse range of market instruments for traders to access various financial markets. Forex trading is available, allowing traders to participate in the global currency exchange market. Additionally, they provide CFDs (Contracts for Difference) on shares, enabling traders to speculate on the price movements of individual stocks without owning the underlying assets. Traders can also trade CFDs on indices, giving them exposure to a basket of stocks representing a specific market or sector.

In addition, One Financial Markets offers CFDs on bullion, allowing traders to trade gold and silver. Commodity CFDs are available for trading various commodities such as oil, gas, agricultural products, and more. Energies such as crude oil and natural gas are also tradable instruments. Lastly, One Financial Markets offers CFDs on cryptocurrencies, providing traders with the opportunity to speculate on the price movements of popular digital assets like Bitcoin, Ethereum, and others. With this wide range of market instruments, traders can diversify their portfolios and capitalize on various market opportunities.

Accounts

As for accounts, all clients are given access to a demo account and a live trading account. The demo account is an excellent tool for clients to test trading environment and practice their trading strategies. The demo accounts come preloaded with a virtual fund of $10,000, allowing traders to simulate trading in real market conditions.

On the other hand, One Financial Markets also offers live trading accounts with no minimum deposit requirement, making it accessible for traders with different investment budgets. This feature enables traders to start trading with the amount they are comfortable with and gradually increase their trading capital as they gain confidence and experience. By offering both demo and live accounts, One Financial Markets caters to the needs of traders at different skill levels and investment capacities.

Leverage

With One Financial Markets, the maximum trading leverage that can be used is up to 400:1, a generous offering. Leverage allows traders to amplify their trading positions by borrowing funds from the broker. With a high leverage ratio like 400:1, traders can control larger positions in the market with a relatively smaller amount of capital. This can potentially increase both profits and losses.

While higher leverage offers the opportunity for greater gains, it also comes with increased risk. Traders need to exercise caution and have a solid risk management strategy in place when utilizing leverage. One Financial Markets' competitive leverage offerings enable traders to have more flexibility and potential trading opportunities, but it's essential to understand the associated risks and trade responsibly.

Spreads & Commissions

One Financial Markets provides floating spreads. As per its LIVE PRICES section, the minimum spreads on the benchmark of the EUR/USD pair is 1.0 pips, which is in line with the industry standards. You can refer to the provided information or screenshots for detailed insights. The spread is the difference between the buy and sell price of a financial instrument, and it represents the cost of trading for traders. Lower spreads can result in reduced trading costs and potentially enhance profitability.

The absence of commissions further adds to the cost-effectiveness of trading with One Financial Markets. One Financial Markets' transparent approach to spreads and commission-free trading ensures that traders can focus on their strategies without incurring additional charges, making it an attractive choice for cost-conscious traders.

Below is a comparison table about spreads and commissions charged by different brokers:

Please note that the spread and commission values mentioned above are for indicative purposes and can vary based on market conditions and account type. It's always recommended to check with the respective brokers for the most up-to-date and accurate information.

Trading Platforms

One Financial Markets offers a range of popular trading platforms to cater to the diverse needs of traders. The MetaTrader 4 (MT4) platform is available for desktop, web, and mobile devices, providing a user-friendly and feature-rich trading experience. MT4 is renowned for its extensive charting capabilities, advanced order types, and a wide range of technical indicators and analysis tools, empowering traders to make informed trading decisions.

Additionally, One Financial Markets also offers the MetaTrader 5 (MT5) platform, which is the successor to MT4 and includes enhanced features such as additional timeframes, depth of market functionality, and improved backtesting capabilities.

With the availability of MT4 and MT5 across multiple devices, traders have the flexibility to access and manage their accounts seamlessly from anywhere, ensuring a convenient and efficient trading experience with One Financial Markets.

See the trading platform comparison table below:

Deposits & Withdrawals

One Financial Markets offers a variety of convenient and secure methods for depositing and withdrawing funds. Traders can choose from options such as UK bank transfers, international SWIFT bank wire transfers, credit/debit cards, Neteller, and Skrill.

One Financial Markets minimum deposit vs other brokers

The accepted currencies, minimum deposit/withdrawal amounts, deposit/withdrawal fees, and processing times may vary depending on the chosen method. It is advisable for traders to review the specific details provided by One Financial Markets regarding each payment option to ensure a smooth and efficient deposit/withdrawal process. More details can be found in the below screenshot:

See the deposit/withdrawal fee comparison table below:

One Financial Markets Money Deposit

To deposit funds from your One Financial Markets account, you need to follow these steps:

Step 1: Login to your portal and click on the 'Transfers' tab at the top of the screen

Step 2:Click on 'Internal Transfers' on the right hand side

Step 3: Select your landing account by clicking on the 'From Account' drop down option

Step 4: Select your trading account by clicking on the 'To Account' drop down option

Step 5: Enter the amount you wish to transfer (you can move the entire balance or just a portion of it) in the 'Amount' field

Step 6: Click “submit”

Fees

One Financial Markets applies fees based on specific payment methods and account activity. The deposit and withdrawal fees may vary depending on the chosen payment method, and it is recommended to refer to the company's official website for detailed information on the applicable fees.

Additionally, One Financial Markets implements an annual dormant account fee of $25/€20/£20 if there are no open positions and no activity on the account for a period of 12 months or more. This fee is deducted from the account balance. Traders should review and understand the fee structure of One Financial Markets to make informed decisions regarding their trading activities and account management.

Customer Service

One Financial Markets places a strong emphasis on providing comprehensive customer support to its clients. Traders have access to 24/5 multilingual support through various channels, including live chat, phone, email, and online messaging.

The company also offers an FAQ section on its website, which can provide quick answers to common queries. Additionally, clients can stay connected with One Financial Markets through social media platforms such as Twitter, Facebook, and Instagram, allowing them to receive updates and engage with the broker's community.

The transparency displayed by One Financial Markets is reflected in its openly revealed company address, which adds to the trust and accessibility of their customer service.

Note: These pros and cons are subjective and may vary depending on the individual's experience with One Financial Markets' customer service.

User Exposure on WikiFX

On our website, you can see that some reports of unable to withdraw and scams. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Education

One Financial Markets provides a range of educational resources and tools to support traders in their learning journey. Traders can access Trading Central, which offers market analysis, research, and trading signals to assist with informed decision-making. The platform also offers the One Indicator, a proprietary tool designed to identify potential trading opportunities.

Additionally, traders can benefit from MT4 expert advisors, which are automated trading systems that can execute trades based on pre-defined strategies. The trading glossary serves as a valuable reference, explaining key trading terms and concepts. One Financial Markets also offers access to the Yasmeen Society, which provides educational materials, market insights, and expert guidance.

Traders can further enhance their knowledge and skills by exploring various investment strategies. Lastly, the platform organizes live trading seminars, allowing traders to learn from industry professionals and gain practical insights into the markets. Overall, One Financial Markets aims to empower traders with educational resources and support to enhance their trading proficiency.

Conclusion

On the whole, One Financial Markets is a regulated brokerage that offers a wide range of tradable instruments and multiple trading platforms, making it a viable option for traders. They provide competitive spreads and leverage options, along with dedicated customer support and educational resources. However, it's crucial to exercise caution as there have been reports of withdrawal issues and scams associated with the company. Traders should carefully consider the available information and assess the associated risks before choosing One Financial Markets as their brokerage.

Frequently Asked Questions (FAQs)

Overview of Axiory

Established in 2012, Axiory is a forex broker registered in Belize that claims to offer online trading services for a range of financial instruments, including forex, gold and metals, oil and energies, CFD indices, CFD stocks, exhcange stocks, exchange ETFs with leverage up to 1:2000.

An interesting feature of Axiory is its commitment to social responsibility. The company has established the Axiory Intelligence initiative, which is a research-based program that aims to promote education and social responsibility in the financial industry.

Axiory also supports various social causes through its Axiory Care program. In terms of trading platforms, Axiory offers multiple choices, including the popular MetaTrader 4 platform, MetaTrader 5 platform, as well as cTrader, with its proprietary trading app called MyAxiory App.

Besides, this broker also offers advanced charting tools, technical analysis indicators, and other features to help traders quickly acquaint themselves with online trading.

Pros and Cons

One of Axiory's biggest strengths is the wide range of trading instruments available. Traders can choose from a diverse selection of assets, including major and minor currency pairs, popular stocks, and popular indices. Additionally, the broker offers commodities such as oil and gold, which provide traders with opportunities to diversify their portfolios. Another significant advantage of Axiory is their multiple account types of low minimum deposits.

On the downside, Axiory's regulation is only offshore by FSC in Belize, which is not a top-tier regulator. Plus, no 7/24 online customer support available, and clients from Bulgaria, Burkina Faso, Cameroon, Croatia, Democratic Republic of the Congo, Haiti, Kenya, Mali, Monaco, Mozambique, Namibia, Nigeria, Philippines, Senegal, South Africa, South Sudan, Tanzania, Venezuela, Vietnam, and Yemen are not allowed.

Is Axiory Legit?

Axiory is authorized and offshore regulated by the Financial Services Commission (FSC) in Belize. This regulatory body is responsible for ensuring that financial institutions operate in a transparent and fair manner, which can provide traders with some reassurance about the legitimacy of the broker. Axiory's adherence to regulations also means that the company must follow certain guidelines, such as maintaining sufficient capital reserves, which can help to protect traders in the event of any financial instability.

However, it is important to note that the IFSC is not a highly-respected regulatory body in the financial industry, which may lead some traders to question the level of oversight and protection provided. Additionally, the regulatory requirements of the FSC may not be as stringent as those of other regulatory bodies, which could result in less protection for traders.

Market Instruments

Axiory offers a range of market instruments to cater to the diverse trading needs of its clients.

Firstly, the broker provides access to the forex market, which is the largest financial market in the world, enabling traders to trade currency pairs with tight spreads and competitive pricing.

Secondly, Axiory offers exchange-traded stocks and ETFs, which provide traders with exposure to a variety of companies and industries across the globe.

Additionally, Axiory offers CFDs on stocks and indices, providing traders with the ability to trade on the price movements of individual stocks or entire market indices.

Finally, Axiory offers trading in oil and energy products, which can provide traders with exposure to the commodities market and its price fluctuations

Account Types/Fees

Axiory offers a diverse range of trading accounts to cater to the needs of traders with varying experience levels and trading styles. The broker offers five types of trading accounts, including NANO, STANDARD, MAX, TERA, and ALPHA.

Demo Accounts

Axiory offers demo accounts to its clients, which are a great tool for traders to practice trading without risking real money. The demo accounts are designed to replicate the live trading environment, allowing traders to familiarize themselves with the platform, test different trading strategies, and gain experience before trading with real money.

Axiory's demo accounts are free and come with up to $10,000 virtual funds that traders can use to simulate trading. The demo accounts are available for all account types and provide traders with access to the same trading instruments, platforms, and tools as live accounts. The demo accounts are not time-limited, which means there is no expiry date on your demo accounts.

Islamic Accounts

Axiory offers Islamic accounts, also known as swap-free accounts, which are designed for traders who follow the Islamic faith and can not receive or pay interest due to religious reasons. These accounts comply with Shariah law and do not charge or pay any overnight interest (swap) fees on positions held open for more than 24 hours.

Islamic accounts at Axiory offer the same features as standard trading accounts, including access to all trading instruments and platforms, customer support, and educational resources. The only difference is that Islamic accounts operate on a commission-based structure, and there are no overnight swap fees charged or credited to the account.

To open an Islamic account with Axiory, traders need to submit a request to the customer support team, and the account will be verified and set up within 24 hours. It is important to note that Axiory reserves the right to revoke the swap-free status if there is evidence of abuse or misuse of the account.

How to Open an Account?

Step 1: To open an account with Axiory, interested clients can simply navigate to the broker's website and click on the “Start Now” button.

Step 2: This will lead you to a registration page where you will be prompted to provide your personal information, including name, email address, and phone number. Additionally, you will need to choose the account type.

Step 3: After submitting the registration form, you will receive an email with a link to verify their account. Once the verification process is complete, you can proceed to fund your account via one of the payment options available.

Leverage

Axiory offers a range of leverage options for traders, depending on their chosen account type. The maximum leverage ranges from 1:50 to 1:2000 on the Max account, while 1:50-1:1000 on the Nano/Standard/Tera Account.

However, it's worth noting that higher leverage also comes with higher risk, and traders should be aware of the potential consequences of trading with a high leverage ratio. It's important to carefully consider your own risk tolerance and trading strategy before deciding on a leverage ratio for your account.

Trading Platform

Axiory offers its clients access to several trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as the cTrader platform and the MyAxiory mobile app.

The MetaTrader platforms are widely used by traders worldwide and offer advanced charting capabilities, multiple time frames, and a wide range of technical indicators and analysis tools. The cTrader platform, on the other hand, is known for its fast execution speeds and advanced order management features, making it a popular choice for scalpers and high-frequency traders.

The MyAxiory mobile app allows traders to access their accounts and trade on-the-go using their mobile devices. The app is user-friendly and features real-time price quotes, charting tools, and the ability to place orders and manage positions.

Deposit & Withdrawal

Deposit

Axiory accepts deposits via Visa, JCB, UnionPay, Bank Transfer, Neteller, Skrill, and ThunderX Pay.

There is no deposit fees charged if you deposit using Visa, JCB, UnionPay, and Bank Transfer, but payment fees may be charged by the payment method provider if you deposit via Neteller, Skrill, and ThunderX Pay.

As for the deposit processing time, most deposits are instant, while bank transfers require 3-10 business days and ThunderX Pay requires ip to 15 minutes after confirmation.

Withdrawal

Axiory accepts withdrawals via Visa, JCB, UnionPay, Bank Transfer, Sticpay, Neteller, Skrill, ThunderX Pay.

There is no fees for Visa, JCB, UnionPay, and Sticpay, while withdrawal via other methods may be charged fees.

The processing time for withdrawals varies depending on the payment method used, with e-wallets (instant) typically being the fastest and bank transfers (3-10 business days) taking the longest.

Customer Support

Traders can contact the support team via email, phone, live chat, or contact form. The broker also provides a comprehensive FAQ section on its website, where traders can find answers to common questions related to trading, account management, and more.

Conclusion

Axiory is a forex broker offering a variety of trading instruments, account types, and educational resources to its clients. The broker's trading conditions, such as high spreads and commissions, may not be ideal for all traders, but its leverage options can benefit those looking for higher returns. However, Axiory's weakness lies in lack of top-tier regulation. Ultimately, traders should carefully consider their individual trading needs and goals before choosing Axiory as their broker.

FAQs

Is Axiory a regulated broker?

Yes, Axiory is authorized and offshore regulated by the International Financial Services Commission (FSC) in Belize.

What is the minimum deposit required to open an account with Axiory?

Just $10.

What trading platforms are available at Axiory?

Axiory offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as cTrader and MyAxiory App.

Does Axiory offer Islamic accounts?

Yes, Axiory offers swap-free Islamic accounts for traders who follow Shariah law.

What is the maximum leverage offered by Axiory?

Up to 1:2000.