Is Omers Finance Legit or Scam?
The resounding answer is a scam. Here’s why:
- Lack of Regulation: Omers Finance lacks licenses from reputable financial authorities, raising severe concerns about its legitimacy and investor protection.
- Negative Reviews: Client feedback paints a bleak picture, citing withdrawal difficulties, unresponsive customer support, and suspicious trading activities.
- Opaque Company Information: Their website provides minimal details about their team, location, and history, increasing the potential for fraudulent operations.
Company Overview:
Company: | Unknown |
Website: | |
Online since: | 2023 |
Country: | N/A |
Languages: | English, Russian, German, French, Spanish, Romanian |
License: | No |
Compensation: | No |
Segregated accounts: | No |
Negative balance protection: | No |
Accepted payments: | Unknown |
Account currencies: | USD, EUR |
Minimum deposit: | $250 |
Spread: | 3 |
Leverage: | 1:100 |
Trading platforms: | Web |
Trading instruments: | currency, crypto, indices, stocks, commodities |
Services or Products:
Omers Finance’s trading software purportedly facilitates a range of trading instruments, including Forex, Commodities, Stocks, and Indices.
If you have lost money to companies like Royal Dimex, or BullBit; please report it to us on our report as a scam form.
Trading Platform & Leverages:
The much-heralded web-based software from Omers Finance falls short of expectations, offering a rudimentary platform with charts that are enabled for TradingView. This just serves to confirm our advice to stay away from this dishonest broker.
MetaTrader is a highly recommendable option for traders seeking a trustworthy and intuitive trading experience. With its user-friendly layout, which is easy to browse, it has continued to be a favored choice for many traders throughout the years.
The trading platform offered by Omers Finance has a high leverage of 1:100. The fundamental trading characteristics are not covered by the website itself. Reputable forex brokers give thorough details on the trading circumstances. Reputable businesses also provide a variety of account kinds to accommodate customers with varying backgrounds, financial goals, and investing inclinations.
Spreads and Cost of Trading:
The trading interface displays a 3-pip spread. This is very detrimental to the trader and twice the industry norm. Furthermore, it’s unclear whether Omers Finance levies extra commissions.
License and Regulations:
The absence of crucial contact details on Omers Finance’s website casts doubt on the validity of an unregulated and faceless broker. This anonymity frequently denotes an effort to avoid responsibility for questionable actions.
Legal Warning Against Omers Finance:
Additionally, Omers Finance has been warned about its dishonest practices and fraudulent promises by the Autorité des Marchés Financiers (AMF), which is in charge of supervising securities operations in France. The AMF expressly states that Omers Finance is not permitted to offer trading services inside this jurisdiction. The possible dangers connected to this broker are highlighted by this regulatory notice.
Deposit and Withdrawal Methods:
The deposit menu was not available when this review was written. As such, we were unable to find out what payment options were offered.
Based on past experiences, it has been observed that fraudulent brokers frequently promote traditional payment methods while encouraging their potential victims to do Bitcoin transactions. This not only ensures their identity but also takes away the victim’s ability to seek a chargeback or refund.
Omers Finance Pros and Cons:
Pros | Cons |
None Identified |
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Why Dealing With An Unlicensed Broker Is Risky:
Choosing an unlicensed broker like Omers Finance exposes you to numerous risks:
- Financial Loss: Unregulated platforms are more likely to engage in fraudulent activities, resulting in financial losses for investors.
- Limited Legal Recourse: Resolving disputes with an unlicensed broker can be difficult and often unsuccessful.
- Identity Theft: Unregulated platforms may not adhere to data security standards, putting your personal information at risk.
Client Feedback:
Client reviews paint a concerning picture of Omers Finance, with common complaints including:
- Difficulties in withdrawing funds
- Unresponsive customer support
- Suspicious trading activity on accounts
How Can “Reviews Advice” Help You If You Get Scammed?
Unfortunately, recovering funds lost to a scam can be challenging. However, resources like ReviewsAdvice can help you:
- Report the scam to the relevant authorities
- Share your experience to warn others
- Seek legal advice if necessary
We Will provide you recovery service recommendations, which will help you in recovering the lost funds or you can report to us today by the below form.
Get Your Money Back from Scammers.
Final Thought:
Omers Finance’s lack of regulation, negative reviews, and unclear operations indicate a high risk of scams. Protecting your hard-earned money requires vigilance and informed decision-making. Choose well-regulated, reputable platforms for your cryptocurrency investments and avoid the potential pitfalls of dealing with unlicensed entities like Omers Finance. Remember, if something seems too good to be true, it probably is. Invest wisely and stay safe!
