WikiFX
WikiFX
Thobani Dlalda 
1-2 years
What are the pros and cons of Oqtima's regulatory status?
Broker Issues
Regulation
07-13
United States
WikiFX
Reply
The pro is that Oqtima is regulated by CYSEC, providing a level of investor protection. However, the con is that the FSA regulation is considered offshore and offers limited security. When doing my Oqtima broker review, I would consider the regulatory landscape and decide whether I’m comfortable with the platform’s protections for my funds.
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