Note: OsmosisFX Claims To Be Headquartered In New York And Has A Global Reach With Branches In Major Financial Centers. However, The Broker Did Not Provide Any Details About Its Regulatory Status, Which Clearly Indicates An Unlicensed Broker, As Legitimate Brokers Always Prominently Display Their Certifications And Licenses. Since The Company Claims To Be Headquartered In The United States, We Subsequently Searched For OsmosisFX On The American Futures Association (NFA) Website, But Did Not Find Any Matching Data. This Means That It Is Not Regulated By The NFA According To Law.
Essentially, OsmosisFX Is Not Regulated By Any Governing Body. Entrusting Investors' Funds To This Broker Carries A High Risk, As There Are No Proper Legal Safeguards To Protect The Funds. This Is Undoubtedly A Scam.
The Official Website Of OsmosisFX - Https://osmosisfx.com/is Currently Unavailable. Therefore, We Can Only Collect Relevant Information From The Internet In Order To Present The General Situation Of This Broker.
Market Tools
OsmosisFX Allows Its Clients To Access Various Assets, Including, Cryptocurrencies, Major, Minor And Exotic Foreign Exchange Currency Pairs, Gold And Indices.
Cryptocurrencies - Traders Can Immerse Themselves In The Exciting Digital Currency Space With Popular Options Such As Bitcoin, Ethereum, Litecoin, Ripple, And More.
Currency Pairs - In Addition To Cryptocurrencies, OsmosisFX Offers A Wide Selection Of Forex Currency Pairs. Traders Can Use Major Currency Pairs Such As EUR/USD, GBP/USD, And USD/JPY.
Gold - Recognizing The Appeal Of Precious Metals, OsmosisFX Enables Traders To Trade Gold, A Widely Recognized And Traded Asset. Gold Is A Popular Investment Option, Especially During Times Of Market Uncertainty.
Indices - In Addition, OsmosisFX Offers Index Trading Opportunities That Represent Major Markets Worldwide. Traders Can Access Well-known Indices Such As The Standard & Poor 500 Index, Dow Jones Industries Average Index And FTSE 100.
Leverage
OsmosisFX Unfortunately, No Specific Details Are Provided Regarding The Leverage Options Available To Traders. Leverage Is An Essential Tool In Forex Trading, Allowing Traders To Control Larger Positions With Less Money. Although OsmosisFX Does Not Disclose Their Leverage Products, It Is Recommended To Contact Their Customer Support Or Consult Their Official Documentation For Accurate And Up-to-date Information. A Clear Understanding Of The Leverage Offered By Brokers Is Essential For Traders To Assess Their Risk Exposure And Make Informed Trading Decisions.
Spreads And Commissions (Transaction Fees)
OsmosisFX Keeps Its Spreads And Commissions Private, Adding A Touch Of Intrigue To The Trading Experience. Their Website Does Not Reveal Specific Details About These Financial Elements.
Therefore, For Accurate Information About Spreads, Commissions And Related Fees, It Is Recommended To Contact The OsmosisFX Customer Support Team Or Account Manager Directly.
Non-Trading Fees
Of Course, Some Non-trading Fees That Traders Should Be Aware Of:
One Of These Fees Is, The Overnight Interest Fee, Also Known As The Overnight Interest. These Fees Apply To Holding Overnight Positions And Can Be Either Positive Or Negative, Depending On The Currency Pair And The Prevailing Interest Rate.
Regarding Deposit And Withdrawal Fees, There Is No Deposit Fee, And Withdrawal Requires A Fee Of 2%.
Also, OsmosisFX Can Levy, Idle Fees, For Dormant Accounts That Remain Inactive For A Specified Period Of Time. These Fees Are Usually Levied To Prevent Accounts From Being Inactive For A Long Time. However, The Broker's Website Does Not Provide Specific Details About The Duration Of Inactivity Or The Amount Of Fees
Trading Platform
OsmosisFX Offers Traders The Highly Acclaimed MetaTrader 5 (MT5) Trading Platform, Known For Its Advanced Features And Seamless Trading Capabilities. With The MT5 Platform, Traders Can Enjoy An Exceptional Trading Experience Across A Variety Of Devices And Operating Systems.
The MT5 Platform Is Available For Windows, MacOS, Android And IOS, Allowing Traders The Flexibility To Access Their Accounts And Trade From Their Preferred Device. Whether It's A Desktop Computer, Laptop, Smartphone Or Tablet, Traders Can Stay Connected To The Market And Manage Trades Anytime, Anywhere.
The MT5 Platform Has Been Designed With User-friendliness In Mind, Providing An Intuitive Interface That Enables Traders To Navigate The Platform Effortlessly. Advanced Charting Tools, Customizable Indicators, And A Wide Range Of Order Types Enable Traders To Analyze Market Trends, Make Informed Trading Decisions, And Execute Trades With Precision.
One Of The Outstanding Features Of The MT5 Platform Is Its Support For Automated Trading Via Expert Advisors (EAs). Traders Can Develop Their Own EAs Or Use Existing EAs To Automate Their Trading Strategies. This Automated Functionality Allows Faster Execution Of Trades According To Pre-determined Rules And Algorithms, Thus Saving Time And Potentially Maximizing Trading Opportunities.
Deposits And Withdrawals
What Sets OsmosisFX Apart When It Comes To Deposits And Withdrawals Is That There Is No Minimum Deposit Requirement, Allowing Traders To Start Their Journey With Whatever Amount They See Fit.
When It Comes To Deposits, OsmosisFX They Stand Out By Not Charging Any Fees. They Accept Online Payments Via Visa And MasterCard As Well As Cryptocurrencies And Telegraphic Transfers.
Regarding Withdrawals, OsmosisFX Charges A Standard Withdrawal Handling Fee Of 2% On The Withdrawal Amount. It Is Important To Note That Specific Terms And Conditions May Vary, So Traders Are Advised To Consult The Broker's Official Website Or Contact Their Customer Support For Details.
Customer Support
OsmosisFX Offers A Number Of Channels Through Which Traders Can Seek Assistance, Including Email, Live Chat, And 24/7 Telephone Support.
