Global Broker Regulation Inquiry App
WikiFX
Razzie87 
1-2 years
Does OWM have any cons?
Broker Issues
Regulation
2025-05-10
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.
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