Omega Finances AG has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 43 1 2530083206, fax 43 1 25367221886
Addresses: Renngasse 10 1010 Wien Austria This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.omegafinances.com.
After for about ten months with Omega Finances AG I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Educational resources|Detailed reporting
Cons: Account statements could be more detailed
Omega Finances AG has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Regular updates|Copy trading available|Personal attention
Cons: Help articles are sometimes vague|Slow to add new assets
I opened an account with Omega Finances AG for the past six months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Personal attention|Clear documentation|Great customer service
Cons: Spreads widen during volatile periods
Do not use Omega Finances AG for anything serious. I used them for the past six months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Two-factor authentication|Clean UI|Fast support response|Social trading features
Cons: Desktop app not available on Linux|Search feature is basic