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OTSO -

Regulated

Score

5.88 /10

Average

OTSO

Item: OTSO
Rating: 5.88

South Africa

5-10 years

Regulated in Australia

Inst Forex Execution (STP)

MT4 Full License

Regional Brokers

Medium Risk

https://www.otsomarkets.com

Benchmark

Influence

Add brokers

Comparison

Quantity 7

Exposure

Open Account

Website

Score

Regulatory Index6.05

Business Index7.73

Risk Management Index8.90

Software Index9.35

License Index5.96

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

Open Account

Website

Licenses

ASIC Regulated

Inst Forex Execution (STP)

FSCA Regulated

Derivatives Trading License (EP)

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

40G

open now

Broker Information

Company Name

⁠OTSO Markets (Pty) Ltd

Company Abbreviation

OTSO

Platform registered country and region

South Africa

Company website

https://www.otsomarkets.com

https://x.com/otsomarkets

Facebook

https://www.facebook.com/otsomarkets/

Instagram

https://www.instagram.com/otsomarkets/

YouTube

https://www.youtube.com/@otsomarketsofficial

https://www.linkedin.com/company/otsomarkets/

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts

Previous Detection : 2026-05-14

WikiFX has received 5 investor complaints against this broker. Please be aware of the risks.

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

OTSO · Benchmark

Average transaction speed(ms)

294 Great

The highest transaction speed(ms)

250

The highest speed of opening positions(ms)

250

The highest speed of closing position(ms)

250

The lowest speed of opening positions(ms)

422 Perfect

The lowest speed of closing position(ms)

422 Great

Ranking： 37 / 118

Test user 201

Transactions 2,767

Ocuppied margin $262,067 USD

Data Source

WikiFX Data provide

Updated: 2026-05-13 01:05:00

Benchmark	AA
Maximum Leverage	1:1000
Minimum Deposit	$100 USD
Minimum spread	from 1.2
Products	Precious Metals, Indices, Currency Pairs, Currency Baskets, Commodities, Gold Futures

Currency	--
Minimum position	0.01
Supported EA
Depositing Method	(2) Usdt
Withdrawal Method	(2) Usdt
Commission	--

Exposure

7 pieces of exposure in total

Pyramid scheme complaint

Expose

Severe Slippage

Severe slippage

Using fake market quotes, there is actual hidden manipulation

2026-03-10 21:06

Resolved

The platform doesn't let me withdraw my profit, not even my principal.

The platform doesn't let me withdraw my profit, not even my principal. This is a major fraudulent platform. Please be cautious, fellow traders.

2026-05-13 12:59

Unable to Withdraw

The platform deducted my profits.

The platform deducted my profits. Even after requesting my cooperation in filming a video of myself holding my ID card, they still haven't paid out the principal. More than a week has passed since I replied to their emails, and they still haven't processed the matter.

2026-04-16 15:26

Resolved

The fraudulent platform OTSO refuses to pay profits.

OTSO is a typical example of a platform that uses "illegal trading and high-frequency trading" as an excuse, but its essence is a gambling model under which client's profit means the platform's loss . They don't allow clients to withdraw without any reasonable explanation, and even communicate directly in internal group chats to prevent withdrawals. Look how shameless they are! Previously, OTSO also had a direct connection with a fraudulent platform called TSKFX—after users complained about being unable to withdraw from TSKFX, their accounts were forcibly migrated to the OTSO platform.

2026-04-07 13:38

Unable to Withdraw

It's a fraudulent platform that doesn't allow withdrawal after making a profit.

2026-04-06 17:03

Unable to Withdraw

They promised a commission but didn't pay a single cent, and they won't let me withdraw my profit. What a fraudulent platform!

If you win money, they accuse you of illegal trading; if you lose, it's a bottomless pit. They never pay the promised commissions. This is a completely dishonest platform. Please be extremely cautious, all users.

2026-05-13 13:26

Severe Slippage

Severe slippage

The platform's spreads were initially around 26, which stabilized, but later fluctuated abnormally to 30-35 with extremely high slippage. I sent an email, but received no response and no one addressed the issue. The entire page was filled with slippage data. This is how a new platform treats people! I urge you to be cautious when opening an account with the platform.

2026-04-08 16:08