While OFX is a regulated broker under ASIC and boasts a good WikiFX score, it's more tailored for international money transfers than actual trading. The “Perfect” trading label may be misleading for retail traders expecting advanced platforms, tight spreads, or fast execution speeds. Their self-developed system isn’t transparent enough for serious trading confidence, and there’s little info about slippage, real-time spreads, or user trade experience. If you’re a trader rather than a remittance user, you may want to explore platforms better suited to active forex trading
While OFX is a regulated broker under ASIC and boasts a good WikiFX score, it's more tailored for international money transfers than actual trading. The “Perfect” trading label may be misleading for retail traders expecting advanced platforms, tight spreads, or fast execution speeds. Their self-developed system isn’t transparent enough for serious trading confidence, and there’s little info about slippage, real-time spreads, or user trade experience. If you’re a trader rather than a remittance user, you may want to explore platforms better suited to active forex trading
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