ASIC — Australia
OCEAN GLOBAL MARKETS LTD
Licence
OGFX Review — Overview
Regulation
Tier-1 regulated
Licence
ASIC
Licence status
Active
Platforms
MT4
Min. deposit
$1,000
Max. leverage
1:400
Instruments
Forex, etc.
Typical spread
Floating around 0.2 pips
Operating
Est. 2008
Entity
OCEAN GLOBAL MARKETS LTD
Website
Unknown
OGFX is a forex & CFD broker based in Australia, established in 2008. On Trust Broker Hub it holds a Trust Score of 8.4 out of 10, which we rate as Good — above the 5.3/10 average for brokers that hold a verified licence. Solid, well-regulated profile suitable for most traders.
Crucially, OGFX is regulated by ASIC, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
OGFX provides access to Forex, etc.. Published conditions include a minimum deposit of $1,000 and leverage up to 1:400. No complaints are currently on record. Overall, OGFX looks like a credible option — but always verify the licence yourself and start with a small amount.
Trust score breakdown
How is this calculated?
Weighted total
9.30
Data completeness
8 of 10 facts verified
80% ×0.90
Trust Score
8.4 / 10
Trust Score history
OGFX currently scores 8.4/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, etc. |
| Minimum deposit | $1,000 |
| Maximum leverage | 1:400 |
| Typical spread | Floating around 0.2 pips |
| Platforms | MT4 |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on OGFX
Our analysis · editorial
8.4/10
Established and well-regulated
OGFX holds a tier-1 regulatory licence (ASIC). Based in Australia, it has been operating for about 18 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 8.4/10 — a strong, low-risk profile.
Strengths
- Authorised by a tier-1 regulator (ASIC)
- Long 18-year operating track record
- No complaints on record with us
- Supports MT4 trading
- Accessible minimum deposit ($1,000)
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Suitable for most traders — still verify it is licensed to serve your country before depositing.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
OGFX — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag OGFX here if that changes.
Full specifications
Regulated region
Australia
Operating period
5-10 years
Instruments
Forex, etc.
Year founded
2008
Frequently asked
Is OGFX a safe broker?
OGFX scores 8.4 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the OGFX trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from OGFX?
OGFX publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.