Review summary
Onigama Trade Brokerage Ltd. is a forex broker established within the last 1–2 years and registered in Iraq. The broker offers three account types: an ECN account with a minimum deposit of $20, a Premium account at $2,000, and an Elite account at $5,000, all providing a maximum leverage of 1:200 on floating spreads with support for scalping and Expert Advisors. According to WikiFX data, the broker holds no valid forex trading licenses from any authoritative regulatory body, resulting in a low overall score of 1.21. The absence of regulatory oversight means that traders do not benefit from the protections typically afforded by a regulated financial environment. In summary, Onigama Trade Brokerage Ltd. operates without a recognized regulatory framework, which warrants careful consideration by any potential user. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-17)
