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Forex

Retail Broker

OTX Forex

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Unproved

Unproved

OTX Forex

Rating: 5
Author: landerex212

Vanuatu

Founded date :

N/A

1 Reviews

Please carefully consider your options and choose the service that best meets your needs.

Beware

2.76/5

Provided by TrustFinance

License

0.00

Verification on TrustFinance

0.00

Traffic & Engagement

1.67

Social look up

1.00

Provided by TrustFinance

License

Warning

This broker is currently unregulated. Please be cautious of the potential risks!

What are the differences in regulations for each ?

License

A Grade License

Both institutions and consumers highly trust the license in grade A. They operate more extended and are more challenging to hold than others. They have strict rules which the company needs to comply with. Just one point was deducted from grade A.

B Grade License

The license in grade B is also trusted, but the difference between them is it will slightly get less complicated than in grade A.

C Grade License

The license in grade C is also safe to rely on, but we recommend that you be careful with your chosen company. You should inspect the company information before investing.

D Grade License

The license in grade D is easily held and has yet to become widespread. If your chosen company holds a license in this grade, you should carefully contemplate it.

License

Warning

This broker is currently unregulated.

Please be cautious of the potential risks!

What are the differences in regulations for each ?

Warning Report

Warning Report is a record of alerts about trading activities, account management, or compliance issues. It helps you keep track of potential risks or problems in your trading account.

Unauthorized

Thg 11 06, 2566

This broker is not regulated.

Warning Report

Warning Report is a record of alerts about trading activities, account management, or compliance issues. It helps you keep track of potential risks or problems in your trading account.

Unauthorized

Thg 11 06, 2566

This broker is not regulated.

Users who look OTX Forex also look…

News

TrustFinance Intelligence Agency

Research date: Thg 11 14, 2024

The website content provides information about various financial topics such as personal finance, investing, cryptocurrency, and forex trading. It lists the best forex brokers for U.S. traders, highlighting features, minimum deposits, promotions, and pros and cons. The content also explains how to choose a forex broker based on account features, leverage, commissions, regulatory compliance, and trading tools. It includes a brief overview of the Commodity Futures Trading Commission (CFTC) and answers frequently asked questions about forex trading. The website is informative and caters to individuals interested in forex trading and financial education.

The website content provides information about various financial topics such as personal finance, investing, cryptocurrency, and forex trading. It lists the best forex brokers for U.S. traders, highlighting features, minimum deposits, promotions, and pros and cons. The content also explains how to choose a forex broker based on account features, leverage, commissions, regulatory compliance, and trading tools. It includes a brief overview of the Commodity Futures Trading Commission (CFTC) and answers frequently asked questions about forex trading. The website is informative and caters to individuals interested in forex trading and financial education.

The US Securities and Exchange Commission (SEC) has filed charges against cryptocurrency company NovaTech and its co-founders for allegedly orchestrating a $650 million fraud scheme. NovaTech used an MLM scheme to lure investors, promising high returns. The SEC also fined OTC Link LLC $1.19 million for anti-money laundering violations. NovaTech and its co-founders are accused of defrauding over 200,000 investors worldwide through a multi-level marketing scheme. Instead of investing funds as promised, NovaTech used new investor money to pay earlier investors and promoter commissions, while the co-founders allegedly siphoned millions for personal use. Six NovaTech promoters were also charged for their roles in recruiting investors. This marks another multimillion-dollar action by the SEC against a cryptocurrency company recently. In a separate action, the SEC announced charges against OTC Link LLC for failing to file Suspicious Activity Reports over a three-year period. OTC Link agreed to pay a $1.19 million penalty and engage a compliance consultant to review its AML policies without admitting or denying the SEC's findings.

The US Securities and Exchange Commission (SEC) has filed charges against cryptocurrency company NovaTech and its co-founders for allegedly orchestrating a $650 million fraud scheme. NovaTech used an MLM scheme to lure investors, promising high returns. The SEC also fined OTC Link LLC $1.19 million for anti-money laundering violations. NovaTech and its co-founders are accused of defrauding over 200,000 investors worldwide through a multi-level marketing scheme. Instead of investing funds as promised, NovaTech used new investor money to pay earlier investors and promoter commissions, while the co-founders allegedly siphoned millions for personal use. Six NovaTech promoters were also charged for their roles in recruiting investors. This marks another multimillion-dollar action by the SEC against a cryptocurrency company recently. In a separate action, the SEC announced charges against OTC Link LLC for failing to file Suspicious Activity Reports over a three-year period. OTC Link agreed to pay a $1.19 million penalty and engage a compliance consultant to review its AML policies without admitting or denying the SEC's findings.