Abstract: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.
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:
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.
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.
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.
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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