OnlineMarketShare Review

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OnlineMarketShare Review

GENERAL INFORMATION
Broker Name:OnlineMarketShare
Broker Type:Forex
Country:The Commonwealth of Dominica
Operating since year:2019
Regulation: -
Address:Cnr ld and Church St, Roseau, P.O. Box 2290, The Commonwealth of Dominica
Broker status:Active
CUSTOMER SERVICE
Phone:+441758688512
Email:support@onlinemarketshare.com
Languages: English, German
Availability:24/5
TRADING
Trading platforms:MT4
Trading platform Time zone:GMT+2
Demo account:YES
Mobile trading:YES
Web-based trading:YES
Bonuses:
N/A
Other trading instruments:
YES
Account
Minimum deposit ($):
$250
Maximal leverage:
1:300
Spread:
YES
Scalping allowed:YES

General Information

OnlineMarketShare is a relatively newly founded company. Ever since its establishment, OnlineMarketShare is providing exceptional trading service. The broker location is in the Commonwealth of Dominica.

Finding a reliable broker in a wide variety of malversations can be a hard task. However, OnlineMarketShare is up to doing good business. They are one of the rare companies that had no history of any scammy business ever since they were founded, which is quite a significant boost for their reputation. Besides providing exceptional security, they are offering high-level trading services.

We made a detailed list of OnlineMarketService to help you with your research and future trading business.

OnlineMarketShare

Funds, Trading and Security

It isn’t easy to find a trading company with an immaculate record, which is not the case with OnlineMarketShare. The company is compensating for its lack of regulatory wherewithal, by good experiences. Which is why we are sure they will fix their insignificant problem regarding regulations soon.

The broker also uses end-to-end encryption to protect a client’s personal information, trades, and funds.

OnlineMarketShare 2

Trading Accounts

The research we did on OnlineMarketShare review, shows that they provide options for demo accounts. However, as the initial investment for the starting account is not significant, our advice is to start with a live account to experience real trading for a smaller investment.

As far as the live accounts go, there are four types of trading accounts you can choose. The beginner account is Bronze and is known for its proper pricing, while the most advanced account is the Platinum account, and it offers the most loyal customers a significant advantage as far as spreads go. That being said, spreads are nearly the only difference between different account types.

That means you will have an equally excellent experience regardless of the amount of your initial investment. Even though Platinum clients might have a little advantage, OnlineMarketShare does not lower standards for their more moderate range users. This, moreover, makes a steady balance between providing enough incentive for people who are investing in more advanced accounts and not making it feel obligatory. We consider this to be a considerable advantage in our opinion regarding OnlineMarketShare reviews.

OnlineMarketShare 2

Here is a shorter explanation of requirements needed for every account, starting from the basic one to more advanced.

BRONZE

  • Minimum deposit: $250
  • Leverage: 1:300
  • Spread: From 2.8 pips
  • Trade size: from 0,01
  • Unlimited open positions

 SILVER

  • Minimum deposit: $2000
  • Leverage: 1:300
  • Spread: From 2.5 pips
  • Trade size: from 0,01
  • Unlimited open positions

 GOLD

  • Minimum deposit: $10000
  • Leverage: 1:300
  • Spread: From 1.5 pips
  • Trade size: from 0,01
  • Unlimited open positions

 PLATINUM

  • Minimum deposit: $50000
  • Leverage: 1:300
  • Spread: From 0.1 pips
  • Trade size: from 0,01
  • Unlimited open positions

Trading Conditions

Everything OnlineMarketShare’s provides to its customers is nothing short of exceptional as almost everything the company offers is targeted towards a well-balanced system. For example, the leverage is set at 1:300 for every account type. That’s a high number if you want some assistance, but don’t want to get carried away. The spreads are also similar between most account types, except for Platinum (which is reasonable if you consider the cost).

These conditions lead us to our next point, which is the difference between the account types. There is something for each amount of investment. Our and other Onlinemarketshare.com reviews want to explain to the potential new clients how important it is not to feel like you have to upgrade to a more advanced trading account at any cost. After all, a journey of a thousand miles begins with a single step, And it is absolutely unnecessary to start with the 50,000 USD amount.

With this in mind, it is important to mention security where trading conditions concerned. A lot of people are refusing to start doing business with a broker without good feedback and for a good reason. In other words, the number of untrustworthy companies has hit a high spot over the years, causing people to be more cautious. Luckily enough, however, we consider that the OnlineMarketShare review proves that it’s a trustworthy broker.

Trading Platform

The broker decided to play safe and not to experiment when it comes to its trading platform. Instead, the company went with the reliable and already proven MetaTrader4. Indeed, we cannot agree more with them regarding this decision, as there is not much left to improve upon the already tested MT4 formula. The platform is reliable, quick, compatible even with older devices, easy to operate and adaptable.

However, easy access does not mean that this platform is a beginner’s toy. There’s also a significant amount of tools that help a user to conduct market analysis, which is enormous help even to the most advanced traders. There is also a web client that you can access from the devices where you can’t download the actual platform. It won’t lose a great deal of functionality and will sync with other MT4 instances so that you won’t feel like you are missing out on anything.

Lastly, there’s a mobile client which you can use to trade remotely. All you need is to download a free app via Google Play, Apple App, or Microsoft online stores. All of these abilities are a huge asset, and what’s more, we consider it an essential aspect of our OnlineMarketShare review.

OnlineMarketShare 4

Trading Products

  • The next thing on the list in our OnlineMarketShare review is the excellent trading products they provide. Overall, there are about 145 assets you can trade on, and there’s a wide variety between them. What is missing are the digital currencies, but most of the trading experts recommend against trading on them due to them being unstable anyway.
  • We present to you, a shortlist of what you can actually trade:
  • Fifty currency pairs– There’s a tasty variety of currency pairs to choose from, including some of the most popular variations, such as EUR/USD, USD/CAD, and GBP/USD.
  • Spot energies – The broker has all the energy options you can expect, with brent, crude oil, and natural gas options, which are present on their website.
  • Spot metals – Not to forget the precious metals to be bought and sold, represented by the two most traded options, silver, and gold.
  • The spot shares – To be called a broker you need to have shares. Luckily enough, OnlineMarketShare allows you to buy and sell fractions of famous worldwide companies such as Amazon, Google, Tesla, and Apple. And those are only some of the names that the company offers in their selection.

Customer Service

The support team at OnlineMarketShare is known for their quick responses and being quite pleasant. To answer the question, Is OnlineMarketShare scammy? We stand with a firm no. In fact, they can be easily reached by phone or email. There’s also a form on their website you can fill out, but that is the same as sending an email with what you wrote down. What is unfortunate is the lack of live chat option, but you won’t be needing to rely on support that much anyway.

Phone number: +441758688512

Email: support@onlinemarketshare.com

contact info

OnlineMarketShare Review Conclusion

Although OnlineMarketShare.com has a few things that are missing and that might make future clients hesitate when it comes to doing business with them, most of those apply to them being a new broker on the market. We are positive that they’ll correct those things soon enough, but in the meantime, the quality of their service by far overshadows the negatives.

The broker uses a well-tested and proven trading platform and offers great help to beginners overall. The trading conditions are well-balanced across accounts, meaning you don’t need to invest large sums to get a high-quality experience. Their reputation is impeccable, so you don’t need to worry about any malversation going on behind the curtains.

Furthermore, we believe that the broker provides a service that can leave many competitors behind. So feel free to sign up, get your verification, and start gaining a steady profit.

Lastly, thank you for taking your time and reading our review of the OnlineMarketShare broker. We hope it was helpful!

However, in case you need more information on the broker, feel free to do further research. We hope this review was helpful, and we wish you good luck in trading!

For more news updates, visit our homepage now and see our latest news article. Want to learn more about trading? Visit our education page now and learn for FREE!

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