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Ahmed Harb
Within 1 year

What are the benefits of trading with OpenMarkets?

Broker Issues
OpenMarkets
Regulation
03-01
United States
WikiFX
Reply

OpenMarkets offers a range of services, including Enterprise APIs, execution, managed accounts, and risk management, making it appealing to institutional and advanced traders who require access to sophisticated trading tools. The firm’s services can be highly beneficial for traders looking for custom solutions in onboarding and order management. The wide range of services provided, particularly the APIs for enterprise clients, is a clear benefit. However, the firm’s unregulated status (as its ASIC license has been exceeded) raises concerns for me. The openmarkets platform may be robust, but I would be cautious without knowing the full details on their fees and how they handle client funds. A openmarkets review could offer further insights into these aspects.

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