Global Broker Regulation Inquiry App
WikiFX
Vladimir 
1-2 years
Is OFinancial legit?
Broker Issues
Regulation
06-11
United States
WikiFX
Reply
While OFinancial provides various trading instruments, it is not a legitimate platform due to its unregulated status. For me, legitimacy goes hand-in-hand with regulation, and because OFinancial lacks proper oversight, I would be cautious about trusting them with my funds.
Similar Questions
Do I think VIDEFOREX is legitimate?
Xxpro
06-03
What are the pros of Space Markets?
Sam35
07-13
What are the main risks or drawbacks to keep in mind when trading with Forex Limited?
Sanford
06-20
What are the disadvantages of trading with Head & Shoulders?
Tricia54
06-29
What are the disadvantages of working with Hua Nan Securities?
Yousef47
07-19