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OTSO -

Score

5.80 /10
Average

OTSO

South Africa

5-10 years

Regulated in Australia

Inst Forex Execution (STP)

MT4 Full License

Global Business

Medium Risk

https://www.otsomarkets.com

Benchmark

AAA

Influence

D

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Comparison

Quantity 5

Exposure

Open Account
Website

Score

Regulatory Index6.05

Business Index7.72

Risk Management Index8.90

Software Index8.78

License Index5.96

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

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

⁠OTSO Markets (Pty) Ltd

Company Abbreviation

OTSO

Platform registered country and region

South Africa

Company website

X

Facebook

Instagram

YouTube

Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2026-04-23
  • WikiFX has received 4 investor complaints against this broker. Please be aware of the risks.

WikiFX Verification

OTSO · Benchmark
Average transaction speed(ms)
283 Great
The highest transaction speed(ms)
210
The highest speed of opening positions(ms)
223
The highest speed of closing position(ms)
210 Good
The lowest speed of opening positions(ms)
326 Perfect
The lowest speed of closing position(ms)
336 Perfect
Ranking： 13 / 124
Test user 108
Transactions 1,288
Ocuppied margin $303,351 USD
Data Source WikiFX Data provide
Updated: 2026-04-22 01:04:00

Exposure

5 pieces of exposure in total
Pyramid scheme complaint
Expose
Severe Slippage

Severe slippage

Using fake market quotes, there is actual hidden manipulation

11111111111
2026-03-10 21:06
Unable to Withdraw

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

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

FX1869791177
2026-04-06 17:03
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.

FX6620564082
2026-04-16 15:26
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.

11111111111
2026-04-08 16:08
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.

FX6536204002
2026-04-07 13:38

User Reviews

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User comment

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Comments

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FX6620564082
0-3months
该平台扣除在扣除盈利要求本人配合拍摄手持身份证视频后仍拖欠本金不给出款，从回复邮件至今已过一星期有余，迟迟不处理。
该平台扣除在扣除盈利要求本人配合拍摄手持身份证视频后仍拖欠本金不给出款，从回复邮件至今已过一星期有余，迟迟不处理。
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2026-04-16 15:26
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11111111111
more than one year
账号这个平台前期点差在26左右总算稳定后期波动30到35异常海滑点特别大 发了邮寄不给任何回复也没人处理 一页全是滑点的，一个新平台就这么欺负人希望大家谨慎开户
账号这个平台前期点差在26左右总算稳定后期波动30到35异常海滑点特别大 发了邮寄不给任何回复也没人处理 一页全是滑点的，一个新平台就这么欺负人希望大家谨慎开户
Translate to English
2026-04-08 16:08
Reply
0
0
5