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- OloFx
OloFx
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Platform
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Min deposit
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Min lot
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Broker Type
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Regulated
OloFx is a Forex Broker . It started opening it’s doors to clients in 2013 , establishing it’s offices in Belize , . OloFx (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $100.
broker1} offers accounts in: USD Account with variable spreads. The lowest spread offered in EuroDollar is 2 pips Mini account.
It’s platform (MT4 Desktop/Mobile/iOS/Android ) can be traded on Desktop|Mobile|iOS|Android| , it offeres a NDD, Free VPS feed. The platform is set on GMT+1 and it offers a 5 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 500 : 1 Standard Account
On it’s platforms: MT4, you can set Trailing Stoploss, OCO orders, One click trading, furthermore it offers Mobile trading, No Webtrading and 48 fx pairs (+ exotic). Among the foreign exchange products you can also trade, Gold, Silver, Stocks, Indices, Futures, Shares, Commodities, Energies.
broker1} (Forex Broker) is regulated by IFSC Belize, and is a Independent broker..
For all those wondering on the payment and withdrawal method, here is a list of funding methods:
Payments:Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, CashU, Paysafecard, Moneta, China UnionPay, Yandex Money
Withdrawals from your FX account:Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, CashU, Paysafecard, Moneta, China UnionPay, Yandex Money
OloFx - Specs
Broker
Broker Type | DMA/STP |
Broker Country | Belize |
Regulation | IFSC Belize |
Indipendant Broker | Independent broker. |
Year in Industry | 2013 |
Account
Accept US Clients | No US clients |
Mini account deposit | $100 |
Standard account deposit | $10000 |
Trading account currency | USD Account |
Leverage Account | 500 : 1 Standard Account |
Minimal size lot | 0.01 lot |
Leverage Mini account | Mini Account, Standard Account |
Payments
Funding method | Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, CashU, Paysafecard, Moneta, China UnionPay, Yandex Money |
Withdrawal method | Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, CashU, Paysafecard, Moneta, China UnionPay, Yandex Money |
Costs
Commissions | no - regular accounts |
Costs & Spreads | variable |
Costs/Lowest spreads on EURUSD | 2 pips Mini account |
Trading
Premium trading | NDD, Free VPS |
Scalping | yes |
Hedging | |
EAs allowed | yes |
Platform
Trading platform type | MT4 Desktop/Mobile/iOS/Android |
Platform time zone | GMT+1 |
Decimal pricing | 5 digits |
Trailing stops | Trailing Stoploss |
OCO orders | OCO orders |
One click | One click trading |
Mobile trading | |
Webtrading |
Products
Currency pairs | 48 fx pairs (+ exotic) |
Exotic Pairs | Exotic Forex Pairs |
Gold Silver | Gold, Silver |
CFD Trading | CFD trading |
Other instruments | Stocks, Indices, Futures, Shares, Commodities, Energies |
Other
MAM PAMM LAMM | no |
Managed Accounts | No |
Swap free accounts | No |
Segregated client accounts |
Promotions and Offers
Bonuses (T&Cs apply) | Yes |
Contests | Yes |