OmegaTraderCenter Review – Should Traders Trust This Broker?

About OmegaTraderCenter

OmegaTraderCenter is a financial services provider offering traders the opportunity to engage in the world’s most dynamic exchange markets through Contracts for Difference (CFDs). With a selection of over a hundred financial assets, OmegaTraderCenter seems to cater to traders globally via its intuitive trading platform. 

This platform allows users to manage their trading portfolios and execute trades with a single click, all from a smart dashboard display accessible on desktop, smartphone, or tablet. The broker claims to enhance the online trading experience by providing access to liquidity and effective risk management tools. 

CFD Coverage

OmegaTraderCenter specializes in offering CFDs across various asset classes, including forex, commodities, indices, and stocks. With spreads as low as 0.0 pips and zero commissions, traders find the cost structure appealing. The broker provides detailed spread tables on its website, ensuring transparency and enabling traders to make informed decisions.

To buy and sell CFDs online with OmegaTraderCenter, traders need a minimum deposit of 250 EUR. This affordable entry point allows new and experienced traders to engage in the volatile markets and leverage the broker’s robust offerings.

Account Types

Moving on with our OmegaTraderCenter review, there is a variety of account types to meet the diverse needs of its clients.

• Bronze account provides standard leverage up to 1:100, a dedicated account manager, weekly trading signals, and access to the Educational Center.

• Silver account mirrors the Bronze features but is tailored for those looking for a bit more involvement in the market.

• Gold account offers leverage up to 1:200, a 10% exchange discount, and additional perks like access to secret groups and live webinars.

• VIP account is designed for active traders, featuring leverage up to 1:400, a 25% exchange discount, daily trading signals, and individual educational meetings.

• Business account provides personalized service, expert-level spreads, and ultra-fast refunds, making it ideal for high-volume traders.

For those adhering to Islamic finance principles, the Islamic account offers leverage up to 1:600, a 90% exchange discount, and comprehensive risk management planning, ensuring compliance with Sharia law.

Trading Platform

OmegaTraderCenter’s trading platform is built around the WebTrader platform, specifically the MetaQuotes WebTrader version. This platform is cloud-based, offering fast and stable access from any web browser on Windows, macOS, or Linux. Traders using WebTrader can benefit from 30 indicators, 24 technical analysis tools, nine time frames, and the convenience of one-click trading.

The WebTrader platform ensures secure trading and is accessible from any device, allowing traders to manage their positions anytime, anywhere. This flexibility and reliability make it a favored choice among traders looking for seamless trading experiences.

Summary

In this OmegaTraderCenter review, it is clear that the broker offers a comprehensive suite of services and tools tailored to different trading needs. With its extensive CFD coverage, diverse account types, and powerful trading platform, OmegaTraderCenter positions itself as a robust choice for both novice and experienced traders. 

The broker’s focus on low spreads, zero commissions, and high leverage options enhances its appeal, although traders should always exercise caution and conduct thorough research.