Review summary
Profit On Genesis Limited, operating under the brand Onestep Markets, is a relatively new forex broker established within the last 1–2 years and registered in Saint Vincent and the Grenadines. According to WikiFX assessment, the broker holds no valid authoritative forex trading licenses, placing it in an unregulated status. The overall WikiFX score stands at 1.29, reflecting significant concerns regarding the absence of recognized financial oversight. In terms of trading conditions, Onestep Markets offers four account types—Standard, Premium, Islamic, and ECN—with a minimum deposit of just 0.01 units, leverage up to 1:500 (1:200 for the ECN account), and spreads starting from 1.5 pips on the Standard account. The ECN account requires a minimum deposit of $10,000. The broker supports scalping, hedging, and the use of Expert Advisors, and provides Islamic account options. However, the lack of regulatory oversight means traders have no recourse to a financial ombudsman or compensation scheme, which warrants careful consideration before engaging with this entity. 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: 2026-07-16)
