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One Financial Markets Review - OneFinancialMarkets.com Scam or Legit? Latest Review
One Financial Markets is an online broker that offers execution only services for investors who want to trade in Forex and CFDs (Contracts for Difference), and a number of other instruments. One Financial Markets is the online trading name of a company called CB Financial Services, which is registered in the UK. Founded in 2007, it is licensed and regulated by the FCA, but has actually achieved rather a good reputation in the Middle East. Partly due to its trading conditions and facilities aimed at meeting the requirements of Arabic clients, and the location of several offices in Dubai, Abu Dhabi, Kuwait, and Jeddah in Saudi Arabia. With One Financial Markets, traders have the choice of 50 currency pairs, including the majors and a few exotics, CFDs, bullion, indices, treasuries, commodities, energy, and exchange traded futures. The broker’s site is available in 7 languages, and as well as aiming their services at retail clients there are also a number of products structured specifically for institutions. These are called ‘White Label’ services.
The website of One Financial Markets claims to have an account for all kinds of trader. But really they only offer two, which is bound to leave some types of trader a touch disappointed. Nevertheless, these two accounts have so far been able to cater to a growing number of clients. First there is a Standard account, with a minimum deposit if $250. Liquidation level is set at 10%, and the lowest margin required is 0.25%. With this account traders can trade commodity CFDs, Index CFDs, and Futures CFDs, and there is the option for this account to be a Forex only account.
One Financial Markets also offers an ECN account, which of course is a Forex only trading account. Minimum opening balance is $5,000, and margin call is set at 175%. Liquidation level is 125%, and the lowest margin requirement is 2%. This account only operates using the MT4 trading platform.
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