Score

1.25 /10
Danger

Prime OTP

Mauritius

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index4.99

Risk Management Index0.00

Software Index4.00

License Index0.00

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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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Broker Information

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Company Name

Prime OTP Ltd

Company Abbreviation

Prime OTP

Platform registered country and region

Mauritius

Company website

X

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-09-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Prime OTP · Company summary
Prime OTPReview Summary
Founded2024
Registered Country/RegionMauritius
RegulationNo regulation
Market InstrumentsForex, metals, shares, indices, cryptos, commodities
Demo Account/
Leverage/
SpreadFrom 0.0 pips
Trading PlatformMT5, Prime OTP APP
Minimum Deposit/
Copy Trading
Promotions
Customer SupportLive chat, Contact form, 24/5 customer support
Email: info@primeotp.com, support@primeotp.com
Social Media: Facebook, X, Instagram, Linkedin, Twitter, YouTube
Address: 3rd Floor, Standard Chartered Tower, CyberCity, Ebene 72201, Republic of Mauritius
Regional RestrictionsAfghanistan, Cuba, Eritrea, Iraq, Islamic Republic of Iran, Israel, Liberia, Libya, Nicaragua, Russian Federation, Somalia, Syrian Arab Republic, Sudan, United States

Prime OTP Information

Prime OTP is an unregulated broker, offering trading on forex, metals, shares, indices, cryptos, and commodities with spread from 0 pips on MT5 and Prime OTP APP. However, it does not provide services for residents in certain areas. Besides, in terms of some information such as leverage, minimum deposit, Prime OTP does not explicitly provide.

Prime OTP Information

Pros and Cons

Pros Cons
Live chat supportNo regulation
Various contact channelsNo demo accounts
Multiple trading productsNo MT4 platform
With MT5 platformWith regional restrictions
Low spreads from 0.0 pipsLack of transparency
Promotions offered
Copy trading available
Popular payment options

Is Prime OTP Legit?

No. Prime OTP currently has no valid regulations. Apart from that, its domain status shows that client transferring and updating are prohibited. Please be aware of the risk!

license
domain

What Can I Trade on Prime OTP?

Prime OTP offers trading on forex, metals, shares, indices, cryptos, commodities.

Tradable Instruments Supported
Forex
Metals
Shares
Indices
Cryptos
Commodities
Bonds
Options
ETFs
assets

Account Type

Prime OTP offers three types of accounts: Standard Account, Raw Account, and Cent Account. However, the minimum deposit requirement is unclear.

Account Type

Leverage

The broker has not clearly provided the leverage it offers. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

Prime OTP Fees

Account TypeSpreads
StandardFrom 1.5 pips
RawFrom 0.8 pips
Cent/

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, mobile, webExperienced traders
Prime OTP APPPC, mobile/
MT4/Beginners
Trading Platform
Trading Platform

Deposit and Withdrawal

Prime OTP accepts payments via Skrill, Neteller, tether, local transfers, bank transfers, USDT TRC20. However, Prime OTP does not provide information regarding accepted currencies, processing time, and commission fees.

Deposit and Withdrawal

Promotions

Promotion Period:

Start Date: 1st June 2025

End Date: 31st August 2025

Eligibility:

Participants must be existing clients who make a minimum deposit as specified in the table below during the promotion period.

Only deposits made between the promotion start and end dates will be considered.

The promotion is valid for clients based on the specified regional criteria.

Giveaway Qualification:

Clients must meet the minimum deposit and lot requirements for each giveaway tier.

Each deposit and lot combination qualifies the client for a specific giveaway item as outlined in the table below.

The giveaway items are limited and will be awarded on a first-come, first-served basis.

Trade positions should be more than 180 sec.

Promotions

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Comments

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FX1359601799
6-12months
I check through link and i found out they have license
I check through link and i found out they have license
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2025-02-06 22:48
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