Score

1.45 /10
Danger

OTC GLOBAL

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index6.57

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

OTC GLOBAL · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

OTC GLOBAL, a trading name of OTC GLOBAL LTD., is allegedly a financial services company registered in the United Kingdom that claims to provide its clients with various products and services. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that OTC GLOBAL currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.32/10. Please be aware of the risk.

General Information & Regulation

Products

OTC GLOBAL advertises that it offers a wide range of products, including banking, investing, trading and hedging. Specifically, it offers trading in various tradable assets such as currencies, commodities, equities and index futures & options.

Products

Services

OTC GLOBALs website states that the company offers three different services, which include asset and portfolio management, as well as investing banking and global payments services.

Services

Customer Support

OTC GLOBAL‘s customer support can be reached by email: info@otcglobalmarkets.com or send messages online to get in touch. Company address: 27 Old Gloucester Street London WC1N 3AX, United Kingdom. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.

Pros & Cons

Pros Cons
• wide range of products and services offered • No regulation
• Lack of information on the trading condition

Frequently Asked Questions (FAQs)

Q 1: Is OTC GLOBAL regulated?
A 1: No. It has been verified that OTC GLOBAL currently has no valid regulation.
Q 2: Is OTC GLOBALa good broker for beginners?
A 2: No. OTC GLOBAL is not a good choice for beginners. Not only because of its unregulated condition, but also the lack of transparency.

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