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One Financial Markets is a forex broker located in the UK, regulated by the Financial Conduct Authority (FCA).
One Financial Markets is also licensed in South Africa by the Financial Sector Conduct Authority (FSCA).
Be aware, the company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
One Financial Markets accepts clients from all over the world, excluding USA, Belgium, Poland and some other countries where restrictions apply.
Forex broker offers the following underlying assets for trading.
| 65+ Currency Pairs | Based on major and minor world currencies. |
| 11 Crypto Pairs | Based on Bitcoin, Bitcoin Cash, Ethereum, Cardano, Chainlink, Dogecoin, EOS, Litecoin, Polkadot, Ripple, Stellar. |
| 16 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 9 Metal CFDs | Based on Gold, Silver, Platinum and Copper. |
| 4 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
| 3 Soft CFDs | Based on Cocoa, Coffee, Soy Bean. |
| 50+ Stock CFDs | Based on shares of US, UK and EU companies. |
One Financial Markets is a forex broker with offices in the UK, South Africa and Dubai, which holds regulatory licenses in the two former countries. The broker accepts clients from most countries in the world, with the usual exception of the US, Canada, and some sanctioned countries.
The broker stands out from the many others we have reviewed by having a strong focus on trader education on its website with an entire trading academy available online. This section of the website contains pretty much everything a new trader would need to get started, including the basics of technical and fundamental analysis, a trading glossary, market commentary, as well as a selection of investment and trading strategies to try out.
The instruments that can be traded on One Financial Markets include a selection of more than 60 forex pairs, single stocks of around 50 companies listed in the US and Europe, major stock indices, cryptocurrencies, and popular commodities. All of these assets are traded in the form of CFDs (contracts-for-difference), which makes it easy to go both short and long with leverage as high as 1:30 om major FX currency pairs, in line with regulations in Europe.
What is missing from the list of tradable assets at this broker is government bonds and interest rates, which could have made One Financial Markets even more attractive in the eyes of some traders.
The broker supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, both of which are classic and well-known platforms in the forex trading community. Both platforms support advanced charting and technical analysis tools, while still being intuitive enough for beginners to learn. They also both include a large selection of custom technical indicators and trading strategies known as Expert Advisors, which is a major reason why the two platforms have remained extremely popular since they launched well over a decade ago.
Unlike most forex brokers we have reviewed on FX-List, One Financial Markets offer only one type of live trading account. The account offers spreads starting from 1 pip on the popular EUR/USD currency pair, which is typically the pair with the lowest spread in the market.
As usual, demo accounts are also available for free for traders who want to paper trade for more practice before putting real money on the line.
Trading accounts can be funded with either the popular e-wallets Skrill and Neteller, credit and debit cards, and bank transfer. Except for bank transfers which come with a charge from the bank, all funding methods are free to use to make deposits. For withdrawals, however, a small charge will be added on bank transfers, while withdrawals to cards and e-wallets are processed free of charge.
It’s worth noting that One Financial Markets does not accept crypto for deposits and withdrawals.
One Financial Markets’ support team can be reached through WhatsApp, phone, email or live chat. Support is available locally in both the UK and Dubai 24 hours a day on all trading days, which we of course are very happy to see.
All in all, we see One Financial Markets as a promising forex & CFD broker that offers most of what retail forex traders would need, including access to the popular MT4 and MT5 platforms. What would make the broker even better in our eyes, however, is if it embraced crypto for deposits and withdrawals, and perhaps introduced more account type options for its best clients.
