Global Broker Regulation Inquiry App
WikiFX
Sanjay sirohi 
1-2 years
Is OTC regulated?
Broker Issues
Regulation
08-15
United States
WikiFX
Reply
OTC is not regulated by any financial authority in Canada, which means it lacks oversight from recognized regulatory bodies. This absence of regulation raises significant concerns for anyone considering OTC trading or using their platform for financial transactions. Without regulation, there is no guarantee that OTC follows the necessary financial standards or legal requirements. If you're looking to open an OTC account or use the OTC trading platform, it’s important to be aware that your investments may not be protected under any regulatory framework.
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