FIRMA

Note: Firma and OFX have come together, integrating FIRMAs offerings with those of OFX.

What is FIRMA？

FIRMA, now integrated with OFX, continues to offer services to its clients. FIRMA provides guidance on transitioning FIRMA accounts to OFX accounts. If encountering issues such as inability to withdraw funds, you can refer to the relevant information provided on the website.

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros:

- Security measures: FIRMA prioritizes the protection of customers funds and personal data, ensuring transactions are conducted securely and mitigating the risk of fraudulent activities.

- Integration with OFX: With the integration with OFX, FIRMA customers gain access to a wider range of services and potentially better infrastructure for international money transfers.

Cons:

- FCA (Exceeded): The license FCA has been exceeded, suggesting that there has been a violation or breach related to a license agreement or limitation. It implies that the authorized usage or allocation permitted by a license has been surpassed or exceeded, possibly leading to legal or contractual repercussions.

- A report of unable to withdraw: There are reports from users about encountering scam-related issues and difficulties with withdrawals, indicating potential reliability and trustworthiness issues.

Is FIRMA Safe or Scam？

FIRMA asserts to provide protective measures, including maintaining a segregated sum of money in a separate bank account to correspond with the transfer to the recipient. Also, it also take security measures include passwords, multi-factor authentication (MFA), security questions, and automatic time-outs to fortify traders account's security.

However, FIRMA operates beyond the business scope regulated by the Financial Conduct Authority (FCA) under Payment License Type: Non-Forex License (License Number: 541034). Therefore, if you're contemplating investing with FIRMA, thorough research is imperative to assess potential risks versus rewards before making any decisions.

Account Transition

FIRMA offers steps to transit FIRMA account to OFX account:

- Transition Notification: Customers will receive an email notification informing them of their designated transition period. During this time, they will be provided with their new OFX Terms & Conditions.

- Account Set-Up: For those conducting transfers online, they are required to complete their OFX account set-up. This process involves setting a new password, updating bank payee details, and logging into their account.

- Readiness Confirmation: Upon successful completion of the account set-up, customers will be notified that their OFX account is now ready for use. They can log in to their account or contact their designated representative for further assistance.

User Exposure on WikiFX

On our website, you can see a report of unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +44 207 614 4194 (Personal clients)

+44 207 614 4195 (Business clients)

Email: customer.service@ofx.com / dealers@ofx.com

Address: 4th Floor, The White Chapel Building,, 10 Whitechapel High St, London, E1 8QS

Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, Instagram, YouTube and Linkedin.

Whats more, FIRMA provides a Frequently Asked Questions (FAQ) section on their website to assist their clients with commonly asked questions and provide relevant information. The FAQ section aims to address common queries and concerns that investors may have regarding the company's services, processes, and investment opportunities.

Conclusion

FIRMA, now integrated with OFX, offers a range of products and services tailored to meet the needs of individuals and businesses engaging in international transactions. FIRMA's commitment to security and regulatory compliance for traders. However, it license FCA has been exceeded.

Frequently Asked Questions (FAQs)

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 provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.