Risk warning. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Consider whether you can afford to take the high risk of losing your money.
About OGOFX
OGOFX offers 51 forex, metals, index and energy CFDs on its own web terminal, with three account types and funding in USDT. This page sets out how it works.
OGOFX is a forex and CFD broker. Clients trade contracts for difference on 32 currency pairs, 5 metals, 11 stock indices and 3 energy markets, with a US dollar account and USDT on BNB Smart Chain (BEP20) for money in and out.
OGOFX operates under local licence no. 8256953 and is licensed on the OGO platform.
We do not offer our services to residents of the United States.
You place orders in the OGOFX web terminal. Every account uses market execution: your order is routed to our liquidity provider and filled there, at the price available when it is executed.
The terminal takes market, limit and stop orders, with stop loss and take profit, one-click trading and partial closes. Lot sizes start at 0.01 and move in steps of 0.01. A trading account can hold up to 2 lots open in one instrument, so the largest order is 2 lots.
Standard has no commission; its markup is in the spread ($1 a lot on currency pairs, 50% of the spread on metals, indices and energy). Raw and Pro trade on the liquidity provider's raw spread plus commission per lot, charged once when the position opens. Swap is charged or paid at the broker's daily rollover. Spreads move with the market. The spread, commission and swap of every instrument are on our fees page, drawn from the platform.
The parts of the service that decide what you pay, what you risk and how your money moves.
The OGOFX web terminal runs in the browser, with its own layout for phones. There is nothing to install, and your accounts, positions and orders are the same on every screen.
Standard, Raw and Pro trade the same 51 instruments. Only the price structure, the minimum deposit and the maximum leverage differ.
Each trading account has its own BEP20 USDT deposit address in the client portal. A deposit is credited one to one in US dollars after the network confirms it; above $50, after a check by our team. OGOFX charges no deposit fee.
We check a photo ID and a proof of address before any money moves into or out of an account. A member of our team reviews each submission, and only verified clients can deposit or withdraw.
You request a withdrawal in the portal, from your wallet or from a trading account's free margin, in USDT (BEP20) to your own address. Our team reviews it and sends it. The withdrawal fee is 1 USDT and the smallest withdrawal is 10 USDT.
If a fast market takes your account below zero, a loss deeper than the balance is written off; the balance stops at zero.
Figures come from the platform. Standard has no commission; its markup is in the spread. Raw and Pro pay commission per lot, charged once when the position opens.
Spread-only pricing with no commission
0.1 pips EURUSD spread from
Raw spreads plus $7 commission a lot, charged once when the position opens
0.0 pips EURUSD spread from
Raw spreads plus $5 commission a lot, charged once when the position opens
0.0 pips EURUSD spread from
Every step happens in the client portal at portal.ogofx.com.
Give your name, email, mobile number with country code and country of residence, and choose a password of at least 10 characters with letters and numbers. Accept the Client Agreement, the Terms of Business and the Regulations for Non-Trading Operations, and confirm that you have read the Risk Disclosure, the Privacy Policy and the Cookie Policy, then confirm your email.
Turn on two-factor sign-in with an authenticator app if you want it. You get recovery codes to keep somewhere safe.
Upload a photo ID (passport, national ID card or driving licence) and a proof of address, as JPEG, PNG, WebP or PDF, up to 10 MB each.
Choose Standard, Raw or Pro and set your leverage, from 1:1 up to the account maximum. You can hold up to 3 trading accounts.
Send USDT on BNB Smart Chain (BEP20) to the account's deposit address. It is credited once the network confirms the transfer (above $50, after a check by our team), and you trade in the web terminal.
Register in the client portal, verify your identity and fund with USDT (BEP20). Questions first? Write to support@ogofx.com.