OFX Market Broker Review

Opening a Micro account only requires 5 dollars, which is quite friendly for new beginners. However, the spread is not competitive as other brokers, 1.9 pips are higher than the average 1.5 pips. Also, new beginners are not advised to use too high a leverage ratio, which means higher risks. What’s worse, I didn’t find any regulatory licenses for this broker. Anyway, be careful.