About OZONE FOREX
Company Overview
Ozone Forex, operating under the legal entity Ozone Markets Ltd, is a forex and CFD brokerage registered in the United Kingdom. According to public records, the company was established on 11 October 2022 and is headquartered at Office #4, 219, Kensington High Street, Kensington, London W86BD, England. The firm additionally lists offices in Canada and India, indicating an international presence. As of the time of this writing, Ozone Forex is not regulated by any known financial authority, a critical factor for traders to consider.
Regulatory Status
Our research found no evidence that Ozone Forex holds a licence from the UK Financial Conduct Authority (FCA) or any other major regulatory body. The company is registered as a private limited entity in the UK, but such registration does not grant permission to offer regulated financial services. FXCanary's Scam Risk Score of 49 out of 100 reflects this lack of oversight, placing the broker in a 'Guarded' category. Without regulatory supervision, client funds are not protected by compensation schemes, and there is no independent recourse for disputes.
Account Offerings
Ozone Forex presents four distinct account types designed to cater to different trader profiles. The Cent account is marketed towards beginners, allowing deposits in cents and thus low financial exposure. The Classic account targets professionals with full instrument access and improved conditions. The ECN account offers direct market access with multi-bank liquidity and limit order capabilities. The Segregated account is listed but details on its specific features are limited on the website.
Trading Instruments
The broker claims to cover a broad spectrum of instruments, including forex, gold, silver, oil, and currency derivatives. This range suggests that Ozone Forex positions itself as a multi-asset brokerage, though the exact number of currency pairs or CFD products is not specified. The emphasis on 'green dollars' and 'blue collars' in its marketing suggests a focus on commodity and currency markets.
Fees and Spreads
Ozone Forex advertises competitive trading conditions, including spreads from 0 pips and an average spread of 1.1 pips. It also promotes no deposit or withdrawal charges, a 60-minute withdrawal processing guarantee, and a 99% no-slippage policy. Additionally, a 25% withdrawal bonus is offered as a welcome incentive. While these claims may appear attractive, they should be weighed against the broker's unregulated status.
Customer Support and Accessibility
The broker states it provides round-the-clock customer support, though no specific contact phone numbers or live chat details are evident from the website. The contact page includes a form for queries. Ozone Forex's website is available in multiple languages and features a user login area, suggesting ongoing operations. The availability of demo accounts allows potential clients to test the platform before depositing funds.
Target Audience
Ozone Forex appears to target both novice and experienced traders, with account tiers specifically designed for beginners (Cent) and professionals (Classic, ECN). The broker's marketing language emphasizes accessibility and democratic principles in trading, aiming to attract a broad retail audience. However, the lack of regulation may deter cautious traders who prioritize safety and oversight.
Overview compiled by FXCanary from regulatory records and public data. full OZONE FOREX review