Global Broker Regulation Inquiry App
WikiFX
Razzie87 
1-2 years
Does OWM have any cons?
Broker Issues
Regulation
05-10
United States
WikiFX
Reply
A significant con, in my view, is that OWM is only offshore regulated by the VFSC. This means that its regulatory oversight is less robust than that of brokers regulated by major authorities. Additionally, OWM doesn’t provide much transparency about its trading conditions, which leaves me uncertain about the potential costs involved in trading on their platform.
Similar Questions
Is Mazi Finance a safe and legit broker?
WoodCrusher
04-14
Does AIMSCAP have any cons?
Eziol
07-19
Have you encountered any drawbacks with Match Securities in terms of their customer service or the reliability of their platform?
webgalaxy
08-20
What are the pros of Hero FX？
Nali5689
06-24
Is TMG regulated?
Abu00saeed
05-14