Offshore Investors Protection Association has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.oipaonline.org.
After spending for about ten months trying to make Offshore Investors Protection Association work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Easy withdrawals|Responsive team|Dividend tracking
Cons: Limited social trading features|Charting tools need more indicators
Offshore Investors Protection Association has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Transparent fees|Multi-currency support|Intuitive for beginners
Cons: Nothing significant|Account statements could be more detailed
Do not use Offshore Investors Protection Association for anything serious. I used them for the past year and a half for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Easy withdrawals|Helpful community forum|Instant funding|Tax reports included
Cons: Limited social trading features
Offshore Investors Protection Association had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Multiple order types|Helpful community forum|Regular updates
Cons: Slow to add new assets|Mobile app could be improved
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Offshore Investors Protection Association said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Competitive fees|Portfolio tracking tools
Cons: Search feature is basic|Research section could be deeper
Customer support at Offshore Investors Protection Association seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Regular updates|Responsive team
Cons: No crypto staking
I am in a dispute with Offshore Investors Protection Association over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Excellent charting|Real-time alerts|Regular platform improvements
Cons: Cannot customize dashboard fully
The platform itself is okay, but the customer service at Offshore Investors Protection Association is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Customizable dashboard|Risk management tools|Automated trading options
Cons: Nothing significant|No live chat on mobile
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Offshore Investors Protection Association recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Smooth onboarding|Personal attention|Comprehensive tools|Social trading features
Cons: Charting tools need more indicators|Mobile app could be improved
I joined Offshore Investors Protection Association after comparing multiple platforms and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Two-factor authentication|Dedicated account manager
Cons: Minimum deposit could be lower|No phone support on weekends