Web3otc (web3otc.net) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: web3otc.net.
Web3otc (web3otc.net) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Customizable dashboard|Social trading features|Easy withdrawals
Cons: Currency conversion fee exists|Email notifications too frequent
After for nearly two years with Web3otc (web3otc.net), 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: Easy withdrawals|Full transparency|Dedicated account manager
Cons: Currency conversion fee exists