OloFX (OloFx Ltd)

Newly founded online Forex & CFD broker, OloFX.

OloFX

OloFX is an Online Forex & CFD broker based in Belize, and registered with IFSC.

OloFX is a brand name of BelFX Limited, the company which had acquired all JP clients transitioned from FXNet due to regulatory reasons.

☆Point – OloFX offers the same service and Trading Conditions as FXNet.

OloFX strives to offer STP “Straight Through Processing” trading environment through MetaTrader4.

Since 2016 within the retail Forex market, the broker is looking to grow by offering “Fair” trading conditions with “No Interference” for Investors.

*OloFX currently does not provide services to USA, Japan, Belize, and Canada, British Columbia, Quebec, Saskatchewan and the countries of the European Economic Area.

Trading Info

With OloFX, you can trade Forex pairs, Metals, Energies, Commodities, Stocks, Equity Index and also Bonds via MetaTrader4 Trading Platform.

☆Point – All of the above Financial Instruments are available through One Trading Account.

The maximum Leverage is 1:500 with NBP “Negative Balance Protection” fully supported.

The minimum Trading Cost is 1.9 pips with No extra commissions.

As FXNet strives to be a STP broker, there is no restrictions on its MetaTrader4, but all kinds of trading activities/methods are allowed on the platform.

Service Details

Service Details
CompanyOloFX
(OloFx Ltd)
Regulation
Founded in2015 (2 years)
Offered Instruments
Business Model
Max Leverage500:1
USA clients Not Accepted
JPN clients Not Accepted
Country BaseBelize
Headquaters No. 35 New Road, P.O. Box 1708, Belize City, Belize.
Supported Platforms

Deposits & Withdrawals

Deposits & Withdrawals
Base Currency Options
Available Crypto-CurrenciesN/A
Deposit MethodsN/A
Withdrawal MethodsN/A

Support desk

Support desk
Phone number+501 223 0703
Service Hour24/5
Phone Support Available
Live Chat Available
Callback Available
Japanese Support Available
Telephone Order Available

Trading Accounts (3 accounts)

Here are the details of all Forex trading accounts of OloFX.

TitleVIPStandardPlatinum
Account TypeForexForexForex
Trading PlatformMetaTrader 4 (MT4)MetaTrader 4 (MT4)MetaTrader 4 (MT4)
Minimum Deposit$2,000$50$5,000
Accout CurrencyCZKEURGBPJPYPLNRUBUSDCZKEURGBPJPYPLNRUBUSDCZKEURGBPJPYPLNRUBUSD
Execution TypeSTP
(Market)
STP
(Market)
STP
(Market)
Leverage500:1500:1500:1
Spread TypeVariableVariableVariable
Minimum Spreadfrom 1.9 pipsfrom 2.3 pipsfrom 0.0 pips
Trading CommissionN/AN/A$12 per 1 round turn lot
Minimum Trading Lots0.010.010.01
Maximum Trading Lots202020
Decimal Pricing555
Margin Call %100%100%100%
Stop Out %50%50%50%
EA (Automated Trading)AllowedAllowedAllowed
ScalpingAllowedAllowedAllowed
HedgingAllowedAllowedAllowed
News TimeAllowedAllowedAllowed
PAMM/MAMN/AN/AN/A
Islamic (Swap Free)OptionalOptionalOptional
Interest on MarginNoneNoneNone

Free 123 USD

30 USD for Free

25 USD for Free

300 USD for Free

100 USD for Free

30 USD for Free

Partner brands

Hercules