OGLTrader.com Review

Game over, this is the email they sent to their customers:


Dear Clients,

This notice serves to inform that OFX Group Limited (OGL Trader) will not accept new account application or top ups, and will not process any withdrawal request effective immediately and until further notice.

The reason behind this sudden decision is the legal issues the company currently facing with Global Transaction Services (HK) Ltd as they have unlawfully suspended our GTS account and withheld all of our funds without any government authorization or court order. This case is now on the hands of our legal team and we are seeking legal actions towards this wrongful suspension.

Please be ensured that we will keep you posted on the status should we have any updates.

We thank you for your understanding and patience on this matter.

OGL Trader Management Team

Looks like scam, registration is impossible without an existing member's ID, link to deposit fund is basically not functioning at all.

Ex-OFX global, a struck-off company. Operating in MLM mode, 30% of newcomer's fund gets locked up as credit and requires certain amount of trade before it could be released.

The FPA warns traders to avoid terms like those described in this review.