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
What are the pros and cons of JP Markets?
Interbank Trader
06-13
In what ways does SOCIETE GENERALE’s regulatory status help safeguard my funds?
Yousef47
07-23
Does Maruchika offer sufficient protection for my investments?
Razzie87
08-08
Given your research and available reviews, what is your assessment of SANKO's credibility?
Thobani Dlalda
08-17
Considering both user feedback and your own evaluation, what is your assessment of Questh X’s legitimacy?
MarceloD
08-01