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No Regulation
Score
1.25 /10
Danger
OTTMarkets
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index4.96
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2025-01-11
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| OTTMarketsReview Summary | |
| Founded | 2023-01-04 |
| Registered Country/Region | China |
| Regulation | Unregulated |
| Market Instruments | Forex/Index/ETFs/Spot Metals/Energies/Stocks/Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:100 |
| Spread | From 0 |
| Trading Platform | OTT Markets cTrader(Mobile/Desktop/Web） |
| Min Deposit | $100 |
| Customer Support | Not mentioned |
OTTMarkets Information
OTTMarkets is a broker with three account types that provide a maximum leverage of 1:100. The tradable instruments include forex, index, ETFs, spot metals, energies, stocks, and cryptocurrencies. The minimum spread is from 0 pips and the minimum deposit is $100. OTTMarkets is still risky due to its unregulated status, high leverage, and incomplete information about contact details, payment methods, and more.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:100 | Unregulated |
| Spread as low as 0 pips | Missing contact details |
| Demo account available | No payment method |
| Have educational resources |
Is OTTMarkets Legit?
OTTMarkets is not regulated, which makes it less safe than regulated brokers.
What Can I Trade on OTTMarkets?
Traders can choose different investment directions because the broker provides forex, index, ETFs, spot metals, energies, stocks, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Index | ✔ |
| ETFs | ✔ |
| Spot Metals | ✔ |
| Precious Metals | ✔ |
| Energies | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
Account Type
OTTMarkets has three types of accounts: Standard, Prime, and Institutional. Traders who want low commission can choose an institutionalaccount and those who prefer low deposit can open a standard account.
| Account Type | Standard | Prime | Institutional |
| Minimum Deposit | $100 | $2000 | $10000 |
| Available Base Currencies | USD, EUR | USD, EUR | USD, EUR |
| Spreads From | 0.0 pips | 0.0 pips | 0.0 pips |
| Max Leverage | 1:100 | 1:100 | 1:100 |
| Negative Balance Protection | Yes | Yes | Yes |
| Min. Lots | 0.01 | 0.01 | 0.01 |
| Commissions | $9 per side per $100K traded | $6 per side per $100K traded | $3 per side per $100K traded |
| Hedging Allowed | Yes | Yes | Yes |
OTTMarkets Fees
The spread is as low as 0 pips andthe commission starts from $3.
Leverage
The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.
Trading Platform
OTTMarkets offers a proprietary platform – OTT Markets cTrader is available in Mobile, Desktop, and Web.
| Trading Platform | Supported | Available Devices |
| OTT Markets cTrader | ✔ | Mobile/Desktop/Web |
Deposit and Withdrawal
The minimum deposit is $100.
Customer Support Options
OTTMarkets provides 24/7 customer support. However, traders dont know how to contact this broker.
| Contact Options | Details |
| Supported Language | English |
| Website Language | English |
| Physical Address | Not mentioned |
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