Global Broker Regulation Inquiry App
WikiFX
seejay 
1-2 years
Is Prime OTP regulated?
Broker Issues
Regulation
06-24
United States
WikiFX
Reply
No, Prime OTP is an unregulated broker. Despite claims of regulation by the Financial Services Commission (FSC), it does not hold any regulatory status, which makes it riskier compared to regulated brokers.
Similar Questions
Can I trust Akatsuki as a reliable and secure broker for trading?
sinopi
08-05
What happens if a broker loses its regulatory license?
Ashraf20
06-06
Does TMG have any cons?
gnsrael
05-14
Could you outline the key advantages and disadvantages of trading with One Plus Capital?
RichN
08-30
What are the pros of RoboMarkets?
Bhavani Durga K
08-10