OMR Forex Account

Published on 27/09/2023

Compare regulated brokers that accept the Omani rial (OMR) as a base currency for their trading accounts.


4.3 / 5 Exness
Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.

Exness.com is an offshore broker trusted by over 500,000 active clients. Trade Forex, crypto, commodities, stocks and indices on MetaTrader 4 or 5 with unlimited leverage (conditions apply).

  • Likes
  • Low and stable spreads.
  • No swap charges across most FX pairs.
  • Unlimited leverage on MetaTrader 4 and 5 (conditions apply).
  • Withdrawals processed instantly in a wide range of currencies.
  • Negative balance protection is available.
  • Dislikes
  • No access to a compensation fund in the event of bankruptcy.
  • No CFDs on agricultural commodities, ETFs or government bonds.
Our take on Exness

Once you start trading with Exness, you soon understand why this broker is trusted by over 500,000 active clients. We traded through its MT5 Standard account with spreads from just 0.3 pips. Most instruments have no swap charges at all, which makes it easy to estimate how profitable each trade could be.

You'll find a wide range of instruments through its platform. These include over 100 currency pairs, crypto, U.S. stocks, global indices and commodities. The gold and silver crosses against the euro, the British Pound and the Aussie dollar will appeal to gold bugs.

Its web trading platform, built around TradingView charts, is sleek. If you're into technical analysis, you'll be able to customise charts with over 100 indicators and save them for later. Visit Exness to create an account and see for yourself what this broker has to offer.

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Brokers that accept OMR

Exness

If you live in Oman, you can fund your OMR trading account with Exness.com through Skrill, Neteller or Sticpay in rial. Skrill charges no fees on OMR deposits made from a local bank, and only minimal fees on withdrawals. You may also fund your Exness account with Visa or Mastercard. However, all card deposits are transacted in USD or EUR, and will incur foreign exchange fees if you fund in a different currency.

Exness charges no fees for deposits or withdrawals, but you will need a verified trading account to get started. Withdrawals are processed in seconds with no manual processing, including on weekends. Visit Exness.com to fund your account now.

About the Omani Rial

The Omani Rial, abbreviated as OMR, is the official currency of the Sultanate of Oman, a country located on the Arabian peninsula. It was first released in 1970, in replacement of the Gulf Rupee that had been in circulation until then. At the time, the Omani Rial was called Saidi Rial(1).

Between 1973 and 1986, the Omani Rial was pegged to the US Dollar at a rate of 1 OMR for 2.895 USD. In 1986, the peg was adjusted to 2.6008 USD(2). The exchange between the Omani Rial and the US Dollar has remained unchanged since. The fix peg has provided Oman, an open country whose oil exports are primarily priced in US Dollars, with stability.

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About the author

I'm St├ęphane, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.

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