Crypto Frontline

Omplix Review

Omplix Review
November 26
10:07 2020

Introduction

Omplix is an advanced and user-friendly cryptocurrency trading platform specifically crafted to meet the demand of all crypto enthusiasts. With most of the popular cryptocurrencies on the ascendency these days, many traders are looking to trade on this market, but unfortunately, most of the large brokerage houses fail to deliver proper trading conditions.

That’s not the case with Omplix, a brand that had adopted some of the most innovative tools to provide fast transaction execution, an intuitive interface, and most importantly, a rich selection of crypto instruments, all at your fingertips.

Omplix Account

The Omplix standard account will be provided to all customers and will come with advanced tools & efficiency, technical guidenace, fast order execution, and a variety of crypto assets. Opening an account is a simple and straightforward process, considering Omplix had made the formalities friendly even for people with little or no trading background.

In terms of geographical restrictions, Omplix does not accept customers in countries where local regulation is contrary to the provision of such trading services. The good news is that it operates internationally for a large audience of English-speaking retail traders wanting to take advantage of the full potential of online trading.

Trading Instruments

Thanks to its focus on crypto, Omplix is among the few crypto trading platforms providing access to so many different cryptocurrency instruments. As a result, customers have the unique opportunity to trade not just Bitcoin, Ether, Litecoin, or XRP, but also a selection of altcoins such as Neo, Cardano, Tezos, Monero, Dash, IOTA, Stellar, and Tron, all denominated in Tether (USDT), Bitcoin (BTC), or Ether (ETH).

Because these are crypto instruments, traders can go long or short on any asset covered by Omplix, without any restrictions. These tools are appropriate for short-term trading, especially when markets are volatile and prices fluctuate impulsively.

Trading Platforms

You can trade different cryptocurrencies with the Omplix platform, a proprietary trading solution, accessible via any modern browser. Because the cryptocurrency market requires a greater degree of flexibility, we can find a new trading solution with Omplix as the brand wants customers to have access to their accounts at any point and from any location.

The platform can be operated from an Android or iOS device and thus opened trades can be managed on the go. Integrating top-notch technologies and innovative features, the platform provides quick execution, multiple transaction monitoring, and access to the customer support team.

Omplix believes that all people should have access to cryptocurrency trading services and it is the main reason why the platform comes with a simple and intuitive user interface.

Deposits and Withdrawals

Based on the Omplix withdrawal policy, customers must be aware of the compliance program that requires them to verify their identity as the legal owners of the accounts. The brand requests 3 documents (photo ID, proof of residence, and proof of payment), in line with the KYC rules all trading entities are following.

Funding an Omplix account is simple, considering you can use either a credit/debit card or a wire transfer. The account can be denominated in USD, EUR, or GBP. For withdrawals, customers need to submit a withdrawal request that will be reviewed and processed within a maximum of 10 business days.

If you want to make a withdrawal using a credit/debit card, you should be aware that the minimum withdrawal amount is 100 USD/EUR/GBP. On the other hand, for wire transfers, Omplix set the minimum amount to 250 USD/EUR/GBP.

Pros:

  • A trading offer tailored towards cryptocurrencies.
  • Security of funds and a user-friendly interface.
  • Personal account assistant for all customers.

Cons:

  • Some jurisdictions might be restricted from opening accounts with Omplix.
  • Services available in English only.
  • Omplix does not currently offer any mobile apps.

Research Tools Offered to Traders

All customers will have technical gudienace and for those with no prior trading background, that could be a huge advantage. There are no free educational resources provided, but the platform comes with multiple tools, which enables traders into conducting chart analysis and gaining an in-depth picture of the markets at any given point.

Should I Trade with Omplix?

Whether or not Omplix is the right trading platform for you will depend on several factors. Firstly, you should be interested to trade cryptocurrencies, because this is the only asset class currently covered by the brand.

Also, you must live in a country that does not have regulations contrary to services such as those provided by Omplix. Lastly, you should check all the trading features offered and decide if this is what you need, based on your trading schedule and strategy.

With so many different crypto assets supported, we believe Omplix is an optimal place for traders that want to gain a diversified exposure on the cryptocurrency market.

Omplix Review - overview
4.4out of 5
Support
4out of 5
Service
4out of 5
Languages
4.9out of 5
Trading Platform

Summary: Omplix is an advanced and user-friendly cryptocurrency trading platform specifically crafted to meet the demand of all crypto enthusiasts. With most of the popular cryptocurrencies on the ascendency these days, many traders are looking to trade on this market, but unfortunately, most of the large brokerage houses fail to deliver proper trading conditions.

4.33 Good
4.33 out of 5
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