Wikilix
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OW Markets

Offshore
Seychelles
,
Since 2023
Last Updated:
30/100
Overall Score

Trading Conditions

Min Deposit:
USD500
Max Leverage:
500
Account Types
ECN AccountNo Swap AccountCLASSICZERO

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

3 methods

Visa

credit card
Instant
Fee:
Free
Fee:
Free

Mastercard

credit card
Instant
Fee:
Free
Fee:
Free

Bank Transfer

bank transfer
days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 35%, 3: Software 50%, 4: Spread 0%, 5: Account Type 28%, 6: Symbol 0%
Regulation
4%Poor
License
35%Poor
Software
50%Fair
Spread
0%Poor
Account Type
28%Poor
Symbol
0%Poor

Company Information

Full Name:One World Markets LTD
Founded:2023
Headquarters:Seychelles
Enterprise Offices:1offices

Customer Support

Phone:
+44 20 7664 4766
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about OW Markets: its history, the licences it holds, its trading conditions and its fees.

Overview

OW Markets is the retail trading brand of ONE WORLD MARKETS LTD, a Seychelles international business company incorporated on 26 January 2023 and registered at CT House, Office No. 9A, Providence, Mahe. It offers leveraged trading in foreign exchange, indices, futures, energies, metals and cryptocurrencies through a single MetaTrader 5 environment. The brand is young, its client base is concentrated in a small number of markets, and its published operation is run entirely from the offshore entity rather than from any onshore subsidiary.

Regulation and licence

The broker operates under one authorisation: a Seychelles Financial Services Authority securities dealer licence, number SD187, issued to ONE WORLD MARKETS LTD. That licence is genuine and in force, and it does permit dealing in derivatives, securities, futures and options. What it is not is onshore supervision. The Seychelles regime is a light-touch one: capital requirements are modest, conduct supervision is limited, and it is a third-tier authority by any comparative measure. There is no European, British, Australian or other first-tier licence behind the brand.

Safety of client funds

This is the section that should decide the matter for most readers. A Seychelles securities dealer licence carries no investor compensation scheme and no statutory client-money insurance. If the firm fails, or if it simply declines to pay, there is no fund that makes a client whole, and the practical route to redress runs through Seychelles rather than through a regulator in the client's own country. WIKILIX also notes unresolved client accounts of profits being removed from MetaTrader 5 balances and withdrawals going unpaid. Those accounts are individually unverified, but they describe the specific failure mode an offshore structure is least able to protect against.

Accounts

Two live accounts are published: CLASSIC and ZERO. Both are quoted at a minimum deposit of USD 500 and a maximum leverage of 1:500. The ZERO account is the commission-bearing, tight-spread tier at USD 8 per round turn; CLASSIC carries no commission and a wider spread. Swap-free and demo accounts are offered alongside them.

Fees and leverage

Spreads are variable and quoted from zero on the ZERO tier. The USD 8 round-turn commission on that tier is competitive on its face. Leverage at 1:500 is far above what an onshore regulator would allow a retail client, and it is the single largest source of loss risk in the offering, independent of anything to do with the broker's conduct.

Platforms

MetaTrader 5 only, on web, Windows, Android and iOS, served from one live server hosted in the United Kingdom. There is no MetaTrader 4 and no proprietary terminal. MT5 is a mature, well-understood platform, and its presence says nothing either way about the firm behind it.

Funding

Deposits and withdrawals are handled through Visa and Mastercard cards and bank transfer. The broker does not publish a fee schedule, processing-time commitment or withdrawal limits that WIKILIX was able to read, which is a meaningful gap for a firm whose most common complaint concerns payment.

Pros and cons

  • For: the licence is real and the licensed entity matches the operating company exactly; the corporate registration is verifiable and active; the platform is standard; the commission on the ZERO tier is reasonable.
  • Against: offshore-only regulation with no compensation scheme; a firm barely three years old; 1:500 leverage; a USD 500 entry point that is high for an offshore start-up; unresolved payment complaints; commercial terms and country restrictions that the site does not make readable.

Assessment

OW Markets is a real, registered, licensed offshore broker rather than an invented one, and it deserves to be described that way. It is also a high-risk place to hold money. The protection a client actually receives here is the protection Seychelles offers, which is thin, and the complaints on record point at exactly the risk that thinness leaves open. Traders who want recourse when something goes wrong are better served by a broker holding a first-tier licence. Anyone who does deal here should treat the deposit as capital they can afford to lose in full and should test withdrawals early and small.

Regulation check

Regulatory Licenses

Every licence OW Markets has in force is from an offshore regulator. Most carry no compensation scheme — each row below says what the issuing regulator actually requires.

1 of 1 checked
1Licences on record
0Confirmed on register
0Tier 1 or 2
1Offshore

How far our check got

  • 1 approved by our review
  • FSATier 3OffshoreSeychellesDealing in securitiesNo. SD187Approved

    What the register says

    Licence number
    SD187
    Type
    Dealing in securities

    Client protection under this licence

    • No compensation scheme
    • Complaints routeFSA Enquiries
    • Maximum leverage1:1000

    These are the rules FSA sets for the firms it licenses. They are not a statement about how OW Markets applies them, or about which of its companies would hold your account.

    About The Seychelles Financial Services Authority

    Offshore regulatorGovernment bodyNo compensation schemePublic registerTransparency: low
    Typical cost of this licence
    USD 10000-20000
Where we have checked a licence, it was checked against the issuing regulator's own register. Register wording is quoted as found.See all tier-1 regulated brokers
Trading accounts
Updated

Account Types

2 account types on record. Minimum deposit from USD 500. Leverage up to 1:500.

2 account types
AccountMin DepositLeverageCommission
CLASSICStandardUSD 5001:500Not recorded
ZEROZero · ECNUSD 5001:500$8 round turn
Account names and conditions as published by OW Markets, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

3 ways to fund an account. 2 credit instantly.

3 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
VisaCredit CardAccepted for both deposits and withdrawals.Not recordedNot recordedNot recordedNot recordedNot recordedInstant
MastercardCredit CardAccepted for both deposits and withdrawals.Not recordedNot recordedNot recordedNot recordedNot recordedInstant
Bank TransferBank TransferAccepted for both deposits and withdrawals.Not recordedNot recordedNot recordedNot recordedNot recordedday
Fees, limits and processing times as published by OW Markets, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: Meta Trader 5.

1 platform
  • Meta Trader 5Recommendedby MetaQuotes Software Corp · 2010WindowsMacLinuxWebAndroidiOSAPI
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the OW Markets brand.

1 entity
  • ONE WORLD MARKETS LTDActiveSeychellesRegistration 8434358-1Established Jan 26, 2023Operating entity behind the OW Markets brand and the named holder of Seychelles licence SD187. Confirmed active on the Seychelles Business Registry record published through GLEIF, LEI 254900JC8QJZY5ERSV58.
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

The operating company is ONE WORLD MARKETS LTD. Registered in Seychelles. Registration number 8434358-1.

Verified on registry
Registration number
8434358-1
Jurisdiction
Seychelles
Incorporated
Jan 26, 2023
Registry
Seychelles Business Registry (entity corroborated via GLEIF LEI 254900JC8QJZY5ERSV58)
Registered address
CT House, Office No. 9A, Providence, Mahe, 673310, Victoria, Seychelles

Comments

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