OSL (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I want to warn everyone about OSL (Imposter). They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
My withdrawal from OSL (Imposter) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about eight months of being strung along.
Pros: Good mobile app|Multi-device support|Personal attention
Cons: Limited cryptocurrency options|Cannot customize dashboard fully
Customer support at OSL (Imposter) 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: Social trading features|Fast support response|Personal attention
Cons: Desktop app not available on Linux
I wanted to transfer my portfolio from another broker to OSL (Imposter). 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: Copy trading available|Quick verification|High security standards|Portfolio tracking tools
Cons: Cannot customize dashboard fully|Account statements could be more detailed
After since I retired last year with OSL (Imposter) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Fast execution|Comprehensive tools|Clear documentation|Easy withdrawals
Cons: Account statements could be more detailed
I referred a friend to OSL (Imposter) based on a colleague's recommendation. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Regular platform improvements|Smooth onboarding|Copy trading available
Cons: Minor UI glitches occasionally|Mobile app could be improved
I was about to invest with OSL (Imposter) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Listed in warning databases|No transparency|Pressure to invest quickly