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 Quantum Metal in terms of regulation?
Elio Matacena 
07-18
What are the cons of PIPWISE?
helpneeded 
08-02
What major risks or downsides should I consider before choosing to use AXA?
TJensen 
08-05
Does Wisdom Forex have any cons?
Davis Wu 
06-11
Is Quotex a regulated broker?
Pushpender Sharma 
05-15