Review summary
Otc-500 is a financial entity registered in Sweden, with operational experience estimated between two to five years. This broker holds no valid authoritative forex trading licenses from recognized regulatory bodies such as the FCA, ASIC, or CySEC, operating entirely without financial oversight. According to WikiFX data, it receives an exceptionally low overall score of 1.32, reflecting a severe risk profile and minimal compliance infrastructure. The lack of a credible regulatory framework means client funds are not protected by any compensation scheme or segregated account rules typically mandated for licensed brokers. Given the complete absence of regulatory supervision and the broker's own description of a suspicious business scope, engaging with Otc-500 carries significant financial risk. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-10)
