Global Broker Regulation Inquiry App
WikiFX
WoodCrusher 
1-2 years
Does OnFin have any cons?
Broker Issues
Regulation
06-03
United States
WikiFX
Reply
OnFin’s major con is its lack of regulation. Without regulatory oversight, I’m concerned about the safety of my funds. Furthermore, the fixed spread of 2.4 pips on the Standard account seems a bit high, and the commission charges on the ECN account can add up quickly. The regional restrictions, especially in the USA and DPRK, might also limit access for some potential traders.
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