📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses


⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

Best Brokers

1st Place

2nd Place

3rd Place

4th Place

5th Place

Ocean Global Markets Review






Ocean Global Markets is headquartered in Sydney, New South Wales, Australia.

Finding a reputable Ocean Global Markets review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

Below is an in-depth review of Ocean Global Markets to help you make an informed decision before opening your account or trading on their platform.

According to research, Ocean Global Markets is a well-known brokerage firm.

Foreign exchange companies, such as Ocean Global Markets, offer private and institutional customers an electronic trading platform to trade in a wide selection of market instruments such as forex, commodities, financials, and shares.

The broker executes the transaction on behalf of the trader.

Ocean Global Markets specializes in online trading services. These include a range of instruments across forex, commodities, and index markets

The company offers several advantages when trading with Ocean Global Markets, such as:

  • Low cost
  • Advanced technology
  • No extra spread
  • Low commission only
  • Strong execution
  • No Dealing Desk
  • Low trading delay
  • Best server


The company was founded in 2009. With its primary focus on financial forex services that cater specifically to institutional customers, it quickly expanded. In 2017 Ocean Global Markets opened its services to retail customers.


Awards and Recognition

The company does not mention any awards on its website.


Ocean Global Markets Accounts

Ocean Global Markets, as all foreign exchange companies, offers its customers different foreign exchange accounts which are used to trade the market instruments offered.

Traders can open an account, deposit funds in their country’s dominated currency, and then hold, buy or sell foreign currencies.



Types of Accounts and its Features

Ocean Global Markets offers 2 types of accounts. These accounts each have their own characteristics that cater to the needs of different traders.

Standard Account

  • Ideal for beginners or those who don’t wish to spend too much.
  • Initial minimum deposit: AUD $1 000
  • No Extra Spread
  • Multi-currencies account denomination
  • Trading signals
  • 24-hour signals
  • Free Mobile trading platform


Advanced Account

  • For serious and high-volume traders
  • Initial minimum deposit: AUD $50 000
  • No Extra Spread
  • Lower cost
  • Multi-currencies account denomination
  • Trading signals
  • 24-hour signals
  • Free Mobile trading platform
  • Trading report
  • Weekly/ Monthly market outlook


Demo Account features:

  • Expires after 30 days
  • Risk-free
  • Simulated market conditions
  • Best market price execution
  • Extremely Competitive Spreads
  • 100% transparent dealing model
  • 24-7 trading support
  • 50 currency pairs
  • Multi-option for leverage, up to 1:400 available upon approval
  • MT4 Platform
  • App download and Web Trading are available


Deposits and Withdrawals

Ocean Global Markets provides a selection of deposit and withdrawals methods.

Funds can be deposited into accounts by:

  • Debit and Credit Cards (Visa, Master, Maestro, JCB)
  • Neteller
  • Skrill/Moneybookers
  • Global Collect (only for Australian clients)
  • BPAY (only for Australian Clients)
  • China Union Pay (only for Chinese residents)
  • Bank Transfer
  • Broker to Broker Transfer


Withdrawals can be requested by logging into the Client Portal.

Processing times for withdrawals:

  • Neteller: Usually the same day
  • Skrill/Moneybookers: Deposits received from Skrill are returned to client Bank accounts
  • Global Collect (only for Australian Clients): Usually 3 to 5 business days
  • BPAY (only for Australian Clients): Same day or the next business day
  • China Union Pay (only for Chinese residents): 1 to 3 business days
  • Bank Transfer local payments: The same day or next business day
  • Bank Transfers international payments: Usually 3 to 5 business days


Cost and Fees, Commissions and Spreads

Forex brokers make money by charging traders commissions per trade or spreads. Commissions are the fees the trader pays the broker for handling the transaction and is mostly dependent on the instrument and account type.

Spreads are the difference between the trade’s bid price (what the trader receives for selling) and the ask price (what the trader pays for buying). Spreads could be variable or fixed, depending on market movements such as interest rates.

In some cases, brokers charge rollovers, also known as swap fees, for positions held open overnight. These fees are dependent on the interest rate differential between the currency pair traded in the open position.

Ocean Global Markets operates with transparency regarding the fees and commissions charged. There are no hidden fees when trading with this broker. Spreads are charged and may vary as it is dependent on account types as well as market conditions.

  • EURUSD: From 0.1 pips
  • GBPUSD: From 0.2 pips
  • AUDUSD: From 0.1 pips
  • NZDUSD: From 0.2 pips
  • USDCAD: From 0.3 pips
  • GOLD (XAUUSD): From 2.0 pips
  • OIL (WTI): From 1.0 pips



Leverage is capital that the broker provides a trader to potentially increase funds, the ratio of a trader’s capital to the size of the broker’s credit. Simply put, if a trader has 500 USD in the account, an amount of 50 000 USD can be controlled with a leverage of 1:100.

Although leverage is a great opportunity to increase funds, traders should be aware that the risks are also higher.

As Ocean Global Markets is an Australian broker regulated with ASIC, leverage ratios of up to 1:400 are provided.



Some brokers offer bonuses as a way of welcoming or reimbursing customers for trading with that specific broker. These rewards are usually done by means of cashback programs, “Refer a Friend” programs, or gift vouchers.

The company does not offer any bonuses at the moment.


Trading Platforms, Software, and its Features

A trading platform facilitates live access to trading markets around the world, usually forex, CFD and futures trading. These allow traders to make informed decisions, protect customer funds, offer historical data and forecasts, trends as well as patterns.

Ocean Global Markets supports the award-winning MetaTrader 4 platform. This platform is powerful and chosen by traders across the globe for its multiple tools and advantages’

MetaTrader 4 Platform features and benefits include:

  • Customizable
  • User-friendly
  • 50 pre-installed technical indicators
  • Strategy tester
  • Historical timeframe data
  • Price alerts
  • Multi-language support
  • One-click trading
  • Pending, stop orders and trailing stops
  • Identify trends
  • 9 different time-frames
  • Available via desktop, Android, and iOS


Markets, Products, and Instruments

There are numerous products and market instruments available for traders to invest in. The more varied a trader’s portfolio, the fewer risks are involved. Most brokers offer their traders a wide selection of market instruments, which may include the following:

Foreign Exchange:

The foreign exchange market, also known as FX or forex, is the most liquid market in the world. An average of $5 trillion in currencies is traded each day, making it the largest market by volume.

This market determines the exchange rates for all foreign currencies. Foreign exchange trading includes the buy or sell of currencies at either current or determined prices.


Index trading involves a group of global stocks such as NASDAQ, FTSE, German DAX, AEX, etc. These indices are measured by the value of certain stock market sections.


Commodity markets consist of the economic sector of products such as oil and gas, metals as well as agricultural products. It usually involves futures trading and the buy or sells of a selection of instruments.

When traded in a calculated manner, commodity trading is one of the safest trading options, especially in times of economic uncertainty.

CFD Trading:

CFD trading (Contract for Difference) involves the speculation of prices on global financial markets which may include currencies, shares, commodities, and indices.


Cryptocurrencies are digital assets used by means of exchanging digital token coins such as Bitcoin. This type of trading usually involves price movement speculation via CFDs.


As with regular stocks, ETFs (Exchange-traded Funds) is an investment fund which is traded on stock markets. It holds assets (bonds, commodities, stocks, etc.) and can be traded like regular stocks.

Ocean Global Markets offers a range of instruments of some of the largest and most liquid markets in the world, including:

  • Forex trading with more than 50 currency pairs with the tightest spreads.
  • Commodities such as Gold, Silver, and Crude Oil, are offered by Ocean Global Markets with high leverage ratios.
  • Global indices include AUS 200, ESTX 50, HK 50, JP225, SPX 500, UK 100, and US 30.



Safety and Regulation

It is important for potential traders to do thorough research before deciding on which broker to trade with.

When trading with a Forex company that is regulated in the countries its services are offered, it automatically protects customers as the company is bound to adhere to certain rules and regulations.

The regulating bodies ensure safe trading conditions such as segregated customer funds and the best trading practices.

Ocean Global Markets Ltd (AFSL 332 890) is authorized and regulated by Australian Security and Investment Commission (ASIC) under Australian law.

As the company is regulated with ASIC, it is compliant with high standards of safe trading practices and strict operational guidelines which are supervised by ASIC.

Customer funds are protected and kept in segregated accounts with reliable tier-1 banking institutions such as Barclays, JP Morgan Chase, Deutsche Bank, and Bank of America. Ocean Global Markets offers an overall safe trading option for traders.


Customer Support

A great support system that is readily available is important for any trader, as it could help make important trading decisions at minimal risks.

Ocean Global Markets is dedicated to supporting customers through its multi-lingual, professional support team. The support team can be contacted via social media, telephone, e-mail, or by leaving a direct message on the company’s website.



Thorough market research is essential to have a lucrative trading experience. The analysis is used by traders to identify trends, understand the market drivers, price movements, short and long-term resistance, and values.

Most brokers provide research tools to assist traders with researching the markets they are interested in, helping to make informed trading decisions while minimizing the risks involved.

Ocean Global Markets offers few research tools, but luckily the MetaTrader 4 platform provides sufficient enough analysis tools to help in this regard.


Education and Training

Most brokers provide educational and training tools to help traders understand how to use chats and platforms, how markets work, build strategies, analyze currency pairs, and what are the risks involved.

Ocean Global Markets offer a wide selection of free educational and training tools. Some of these include webinars, articles, platform guides, and advanced trading strategies. Advanced training is also available at the FX PLUS Trading Academy.

Basic educational knowledge includes:

  • An overview of the economy, including major players such as the United States, Europe, China, the United Kingdom, Japan, Australia, and Canada.
  • Data analysis
  • Analysis method
  • Black Swan event
  • Features of products
  • Important institutions


Technical analysis includes:

  • Dow Theory (The Dow theory on stock price movement)
  • Support Level and Resistance
  • Technical analysis
  • Position management
  • Trading Overall Arrangement



The company offers a great trading environment for all traders, no matter their experience level, account value, trading styles, or volume of trading. Although the initial deposit is very high for a beginner trader so care should be taken.


You might also like: Ocean Global Markets Minimum Deposit

You might also like: Ocean Global Markets Account Types

You might also like: Ocean Global Markets Demo Account

You might also like: Ocean Global Markets Fees and Spreads

You might also like: Ocean Global Markets Sign up Bonus

You might also like: Ocean Global Markets Islamic Account



Foreign Exchange and Commodities trading are high risk and not suitable for everyone.

You should carefully consider your investment objectives, level of experience, and risk appetite before making a decision to trade with us. Most importantly, do not invest money you cannot afford to lose.

There is considerable exposure to risk in any off-exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of the markets that you are trading.

The material disclosure herein is general in nature and does not take into account your objectives, financial situation, or needs.

While every care has been taken in preparing this material, we do not provide any representation or warranty (express or implied) with respect to its completeness or accuracy.

This is not an invitation or an offer to invest nor is it a recommendation to buy or sell investments.

Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary and do not constitute investment advice.

Ocean Global Markets Ltd is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

OG recommends you seek independent financial and legal advice before making any financial investment decision. Trading derivatives and forex carries a high level of risk to your capital and may not be suitable for all investors, according to research.


Ocean Global Markets at a Glance

Broker’s Name Ocean Global Markets
Headquartered Sydney, New South Wales, Australia
Year Founded 2009
Regulating Authorities The Australian Security and Investment Commission (ASIC)
US Clients Accepted No
Islamic Account (Swap Free) No information available
Demo Account Yes
Institutional Accounts Yes
Managed Accounts Yes
Maximum Leverage 1:400
Minimum Deposit 1 000 AUD
Deposit Options ·       Debit and Credit Cards (Visa, Master, Maestro, JCB)

·       Neteller

·       Skrill/Moneybookers

·       Global Collect (only for Australian clients)

·       BPAY (only for Australian Clients)

·       China Union Pay (only for Chinese residents)

·       Bank Transfer

·       Broker to Broker Transfer

Withdrawal Options ·       Debit and Credit Cards (Visa, Master, Maestro, JCB)

·       Neteller

·       Skrill/Moneybookers

·       Global Collect (only for Australian clients)

·       BPAY (only for Australian Clients)

·       China Union Pay (only for Chinese residents)

·       Bank Transfer

·       Broker to Broker Transfer

Platform Types MetaTrader 4
Platform Languages MetaQuotes Language 4 (MQL4)
OS Compatibility Desktop, Android, and iOS
Customer Support Languages Multiple languages
Customer Service Hours 24 hours, 5 days a week




Trading Environment


How many instruments can I trade with Ocean Global Markets?

Ocean Global Markets offer numerous instruments across the following markets:

  • Forex
  • Commodities
  • Indices


Which platforms are supported by Ocean Global Markets?

The following trading platforms are supported by Ocean Global Markets:

  • MetaTrader 4


Does Ocean Global Markets offer leverage?

Yes, the company offers standard leverage ratios of up to 1:400.


What spreads can I expect with Ocean Global Markets?

Spreads from 0.1 pips can be expected.


Does Ocean Global Markets charge a commission?

No commission is charged.


Is Ocean Global Markets regulated?

Yes, Ocean Global Markets is regulated by Australian Security and Investment Commission (ASIC) under Australian law.


Is Ocean Global Markets a recommended forex trading broker for experts and beginners?

Yes, Ocean Global Markets supports a user-friendly platform and offers multiple educational tools that provide a safe trading environment for both beginner and professional traders. The initial deposit may be too steep for beginners.


What is the overall rating out of 10 for Ocean Global Markets?





What is the difference between a demo and a live trading account?

With a live trading account, traders deposit and trade with real money at actual profits and losses. A Demo account allows traders to trade in a simulated, risk-free trading environment with virtual money, at no profits or losses.


Does Ocean Global Markets offer a demo account?



Can I convert my demo account to a live trading account with Ocean Global Markets?

No, traders have to register for a new account.


Which live trading accounts does Ocean Global Markets offer?

Ocean Global Markets offers two account types, each with its own characteristics and benefits:

  • Standard Account – Ideal for beginners
  • Advanced – for serious and high-volume traders


What are the available deposit currencies for a live trading account?

Multiple currencies.


Deposits and Withdrawals


What is the minimum deposit for Ocean Global Markets?

The minimum deposit is 1 000 AUD.


How do I make a deposit and withdrawal with Ocean Global Markets?

Withdrawals can be requested by logging into the Client Portal.

The following funding options are available:

  • Debit and Credit Cards (Visa, Master, Maestro, JCB)
  • Neteller
  • Skrill/Moneybookers
  • Global Collect (only for Australian clients)
  • BPAY (only for Australian Clients)
  • China Union Pay (only for Chinese residents)
  • Bank Transfer
  • Broker to Broker Transfer


Does Ocean Global Markets charge withdrawal fees?

The company does not charge any withdrawal fees, however, the banking institution used may charge some fees.


How long does it take to make a withdrawal?

Withdrawals may take up to 5 business days to reflect.




Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like

IEXS Minimum Deposit

IEXS has a minimum deposit requirement of only $ 200. This minimum deposit amount is equivalent to ZAR 3,533.16 at the current exchange rate between

FXOpen Fees and Spreads

  FXOpen fees, spread, and commissions start from US Dollar 1.5 with spreads from 0.0 pips. FXOpen has a low and incredibly competitive spread when

Best Forex Trading Apps for Android

Forex trading apps make it easy to trade currencies on the go using a mobile device. In today’s globally interdependent economy, knowledge of the foreign