Global Broker Regulation Inquiry App
WikiFX
Serious74 
1-2 years
Does OTKRITIE have any cons?
Broker Issues
Regulation
07-13
United States
WikiFX
Reply
While OTKRITIE has some notable strengths, it also has certain drawbacks. One significant downside is the lack of live chat support, which can make real-time assistance difficult for traders who encounter issues while using the platform. Additionally, while it is regulated by CySEC, some traders might prefer brokers regulated by stricter authorities like the UK’s FCA or the US SEC. Moreover, despite the comprehensive services offered, the availability of just two trading platforms, Open Key and QUIK, might not suit traders looking for a more diverse set of platform options like MetaTrader 4 or MetaTrader 5.
Similar Questions
What are the pros and cons of XTB?
Tom Nalichowski
07-10
Based on your experience, what would you say are the three biggest benefits of working with Going Securities?
Allan777
08-20
What are the cons of using BRIGHT for trading?
mohdfazlan
08-16
Is Rubik Trade regulated?
Sanford
08-08
What are the advantages of using Interactive Brokers?
Pushpender Sharma
08-04