Forex Brokers

Options and Futures Trade Commission

1.4 (8 reviews)
🇦🇺 Australia
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1.4
8 reviews
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About Options and Futures Trade Commission

Options and Futures Trade Commission 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.oftc.hk.

Customer Reviews

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Pressure to deposit more

T
Teresa D.
1 weeks ago

Options and Futures Trade Commission seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Automated trading options|Portfolio tracking tools|No hidden fees|Helpful community forum

Cons: No live chat on mobile|Search feature is basic

Regulator has warned about them

A
Andrew A.
1 months ago

After for about three months with Options and Futures Trade Commission, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Market news feed|Dividend tracking|Clean UI

Cons: Charting tools need more indicators

KYC process is a nightmare

O
Oscar Y.
5 months ago

Options and Futures Trade Commission 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: Dividend tracking|Easy to use platform|Instant funding|Automated trading options

Cons: None so far

A sinking ship

J
Jake H.
7 months ago

I wanted to transfer my portfolio from another broker to Options and Futures Trade Commission. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.

Pros: Portfolio tracking tools|Multi-device support

Cons: Currency conversion fee exists

They closed my account without explanation

L
Laura M.
8 months ago

I opened an account with Options and Futures Trade Commission since I opened my account last year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Good analytical tools|Portfolio tracking tools

Cons: No live chat on mobile|Slow to add new assets

Duplicate positions after merge

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Oscar S.
8 months ago

Options and Futures Trade Commission 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: Easy withdrawals|Personal attention|Customizable dashboard

Cons: Search feature is basic|Live chat only during business hours

Regretting every moment spent here

F
Frank W.
10 months ago

I requested my data from Options and Futures Trade Commission under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Customizable dashboard|Dividend tracking|Stable platform

Cons: Limited demo account features

Would not recommend to others

V
Vincent A.
11 months ago

I trusted Options and Futures Trade Commission with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Intuitive for beginners|Dedicated account manager|Low minimum deposit|Clean UI

Cons: Some tools only available on higher tiers