摘要:OTB-trading has been operating since 2009, headquartered in London, and it works in the Forex and CFD markets. The broker focuses on energy resources, metals and precious metals, raw materials, agricultural products and portfolio investments. OTB-trading discloses the numbers of its statistics: 2,000 active clients, 50 partners, 12 nominations and a staff of 240 employees.
Aspect | Information |
Company Name | OTB |
Registered Country/Area | Marshall Islands |
Founded Year | 2-5 years |
Regulation | Unregulated |
Market Instruments | Forex, CFDs, and Cryptocurrencies |
Account Types | Starter, Standard, Moderate, Bronze, Silver, Golden, VIP |
Minimum Deposit | $50 |
Maximum Leverage | 1:1000 |
Spreads | Starting from 1 pips |
Trading Platforms | MetaTrader 4 and MetaTrader 5 |
Demo Account | Yes |
Customer Support | Live Chat, Email, and Phone |
Deposit & Withdrawal | Cards, Debit Cards, Wire Transfers, and E-wallets |
Educational Resources | Trading Academy, Webinars, Market Analysis, and Glossary |
OTB, a Forex brokerage based in the Marshall Islands, has been in operation for 2-5 years. Operating without specific regulation, the company offers a diverse range of market instruments, including Forex, CFDs, and Cryptocurrencies, catering to a broad spectrum of traders.
OTB provides a variety of account types, ranging from Starter to VIP, allowing traders to choose an option that aligns with their preferences and trading style. Remarkably, there is no minimum deposit requirement, making it accessible even to traders with limited initial capital. The company offers a substantial maximum leverage of 1:1000, providing clients with flexibility in managing their positions.
Competitive spreads, starting from 0.1 pips, enhance the cost-effectiveness of trading on the OTB platform. Traders can access the market using MetaTrader 4 and MetaTrader 5, two widely used and trusted trading platforms. A demo account is available for those who wish to practice trading strategies without risking real funds.
OTB emphasizes customer support with live chat, email, and phone options, ensuring that clients can seek assistance through their preferred communication channels. The company facilitates deposits and withdrawals through various methods, including cards, debit cards, wire transfers, and e-wallets, providing flexibility and convenience for users.
OTB functions as an unregulated trading platform, indicating that it operates without being subject to the supervision of any financial regulatory authority. Traders and investors should recognize that the lack of regulatory oversight can introduce additional risks. In unregulated settings, clients may face limited avenues for recourse and protection in the event of disputes or unforeseen problems. It is crucial for individuals contemplating involvement with OTB to exercise caution and thoroughly evaluate their risk tolerance, given the absence of regulation.
Pros | Cons |
Competitive Spreads | Limited Regulatory Oversight |
Wide Range of Market Instruments | High Minimum Deposit for Certain Accounts |
Multi-Platform Accessibility | Mixed Reviews of Customer Support |
Variety of Account Types | Limited MetaTrader 4 Features |
Fractional Trading | Potential for Hidden Fees |
Pros:
Competitive Spreads: OTB offers competitive spreads starting from 1 pip on all of its instruments, meaning traders can keep costs low and maximize profits.
Wide Range of Market Instruments: OTB offers a diverse selection of instruments for trading, including Forex, CFDs, Metals, Energies, and Cryptocurrencies. This allows for portfolio diversification and strategy implementation.
Multi-Platform Accessibility: OTB offers access to popular trading platforms, including MetaTrader 4, MetaTrader 5, and their proprietary platform. This caters to user preferences and trading styles.
Variety of Account Types: OTB provides various account types, including Starter, Standard, Moderate, Bronze, Silver, Golden, and VIP. This caters to different trading experience levels and capital availability.
Fractional Trading: OTB enables fractional trading, allowing traders to purchase portions of assets, even with limited funds. This facilitates portfolio diversification and investment flexibility.
Cons:
Limited Regulatory Oversight: OTB is not regulated by major financial authorities like the FCA or CySEC, potentially raising concerns about fund security and regulatory compliance.
High Minimum Deposit for Certain Accounts: OTB accounts like Silver, Golden, and VIP require high minimum deposits, potentially limiting accessibility for some traders.
Mixed Reviews of Customer Support: Some customer reviews mention slow or unresponsive customer support, requiring further investigation into its effectiveness.
Limited MetaTrader 4 Features: OTB's MetaTrader 4 platform reportedly has some features disabled, limiting its functionality compared to standard offerings.
Potential for Hidden Fees: Some user reviews mention encountering hidden fees or charges, raising transparency concerns.
OTB offers a versatile array of market instruments, catering to the dynamic needs of traders.
Forex, also known as foreign exchange, stands as a primary offering, allowing users to engage in the global currency markets. This enables traders to speculate on the fluctuations in exchange rates between different currency pairs.
Additionally, OTB provides access to Contracts for Difference (CFDs), a financial derivative that mirrors the price movements of various assets such as stocks, indices, and commodities. CFD trading allows investors to potentially profit from both rising and falling markets without owning the underlying asset.
In tune with the evolving financial landscape, OTB includes Cryptocurrencies among its offerings. This feature empowers traders to participate in the burgeoning digital currency market. Cryptocurrencies, like Bitcoin and Ethereum, operate on decentralized blockchain technology, providing a unique avenue for speculative trading.
Collectively, these market instruments offered by OTB provide a comprehensive suite of options, allowing traders to diversify their portfolios and capitalize on opportunities across global financial markets. Whether navigating the complexities of Forex, leveraging CFDs for diverse asset classes, or venturing into the exciting realm of Cryptocurrencies, OTB aims to meet the diverse trading preferences of its clientele.
OTB provides 7 different account types including Starter, Standard, Moderate, Bronze, Silver, Golden, and VIP. The maximum leverage of the account is 1:1000 provided by VIP where the minimum deposit is $100,000. The minimum deposit provided by Starter is 0$ where the maximum leverage is 1:30.
Account Type | Minimum Deposit | Maximum Leverage |
Starter | $0 | 1:30 |
Standard | $150 | 1:30 |
Moderate | $1,000 | 1:50 |
Bronze | $10,000 | 1:100 |
Silver | $25,000 | 1:200 |
Golden | $50,000 | 1:500 |
VIP | $100,000 | 1:1000 |
Opening an account with OTB is a straightforward process that can be completed online in a matter of minutes. Here's a breakdown of the steps involved:
Choose your account type: OTB offers three account types, each tailored to different experience levels and trading needs.
Visit the OTB website and click “Open Account.”
Fill out the online application form: The form will request your personal information, financial details, and trading experience. Be sure to have your identification documents (passport or ID card) and proof of address handy for uploading.
Fund your account: OTB offers various deposit methods, including bank transfers, credit/debit cards, and e-wallets. Choose your preferred method and follow the instructions to complete the deposit.
Verify your account: Once your account is funded, you'll need to verify your identity and address. This typically involves submitting scanned copies of your ID documents and proof of address.
Start trading: Once your account is verified, you're ready to explore the OTB trading platform and start making trades.
OTB offers up to 1:1,000 leverage on all account types. Leverage allows traders to control a larger position size with a smaller amount of margin. For example, if you have a leverage of 1:1000, you can control a position of $100,000 with a deposit of $100.
Leverage can amplify your profits, but it can also amplify your losses. It is important to use leverage wisely and to understand the risks involved.
OTB offers a range of account types to cater to diverse trading preferences, our platform presents various options with distinct features based on account levels. Starting with the Starter Account requiring a minimum deposit of $150 and featuring 15 pips spreads, the suite progresses through Standard, Moderate, Bronze, Silver, Golden, and VIP accounts, each offering different minimum deposits and corresponding spreads. Notably, the VIP Account stands out with a minimum deposit of $100,000 and incredibly tight 1 pip spreads.
It's crucial for traders to carefully consider their preferences and risk tolerance when selecting an account type, as each tier is designed to accommodate a spectrum of trading styles. Importantly, all accounts come with a no-commission structure, providing transparent and accessible trading opportunities for our diverse user base.
Account Type | Minimum Deposit | Spreads | Commissions |
Starter | $150 | 15 pips | No |
Standard | $500 | 14 pips | No |
Moderate | $1,000 | 12 pips | No |
Bronze | $10,000 | 10 pips | No |
Silver | $25,000 | 8 pips | No |
Golden | $50,000 | 6 pips | No |
VIP | $100,000 | 1 pip | No |
OTB provides traders with a choice of two distinct trading platforms, each tailored to meet diverse trading styles and preferences.
MetaTrader 4 (MT4): a widely acknowledged and versatile trading interface. MT4 is renowned for its user-friendly design, advanced charting tools, and extensive customization options. Its popularity among forex traders is attributed to its comprehensive technical analysis capabilities and robust support for automated trading through Expert Advisors (EAs).MetaTrader 5 (MT5): the successor to MT4, introduces advanced features tailored to meet the evolving needs of traders. It supports an expanded range of financial instruments, encompassing stocks, commodities, cryptocurrencies, and more. MT5 offers enhanced charting tools and timeframes for in-depth technical analysis. Traders benefit from an integrated economic calendar and news features to stay informed about market events. With the MQL5 programming language, MT5 allows the development of sophisticated trading algorithms and Expert Advisors, offering greater flexibility in strategy implementation.
OTB provides a variety of deposit and withdrawal options, including Cards, Debit Cards, Wire Transfers, and E-wallets. OTB allows a minimum deposit of $50 with 3% fees. OTBs fees range from 0% to 2.90%, and processing times vary from instant to 3-5 business days.
Fees
Method | Deposit Fee | Withdrawal Fee | Minimum Deposit | Minimum Withdrawal |
Credit Cards | 2.90% | 2.90% | $100 | $10 |
Debit Cards | 2.90% | 2.90% | $100 | $10 |
Wire Transfers | $15 | $0 | $100 | $50 |
E-wallets (Skrill, Neteller) | 3% | 3% | $50 | $25 |
Processing Time
Method | Deposit Processing Time | Withdrawal Processing Time |
Credit Cards | Instant | 3-5 business days |
Debit Cards | Instant | 3-5 business days |
Wire Transfers | 1-2 business days | 3-5 business days |
E-wallets (Skrill, Neteller) | Instant | 24-48 hours |
OTB provides a comprehensive customer support system through live chat, email, and phone, ensuring that users have multiple options to reach out for assistance. Here's a description of each support channel:
Live Chat: Live chat offers users the ability to engage in real-time conversations with customer support representatives. This is particularly advantageous for addressing urgent or time-sensitive queries.
Email: Email support provides users with the flexibility of asynchronous communication. Users can send detailed queries, reports, or requests, and receive responses at their convenience.
Phone: Phone support offers a direct line of communication between users and customer support representatives. This channel is suitable for those who prefer verbal communication or have complex issues that may require a detailed conversation.
By offering live chat, email, and phone support, OTB ensures that users can choose the most suitable and convenient channel for their communication preferences, making customer support more accessible and accommodating to diverse user needs.
OTB provides a comprehensive array of educational resources designed to empower traders with knowledge and skills. Here's an overview of these resources:
Trading Academy: The Trading Academy serves as a structured learning platform, offering a curriculum that covers various aspects of trading, from basic concepts to advanced strategies.
Webinars: Webinars are live, online sessions conducted by experts in the field. They provide an opportunity for traders to learn in real time and interact with knowledgeable presenters.
Market Analysis: OTB offers market analysis reports that provide valuable insights into current market conditions. Traders can stay informed about key trends, potential opportunities, and risks in the financial markets.
Glossary: The glossary serves as a reference guide for traders, offering definitions and explanations of key terms and concepts commonly used in the financial markets.
By offering a Trading Academy, Webinars, Market Analysis, and a Glossary, OTB demonstrates its commitment to trader education. These resources aim to equip traders with the necessary knowledge and skills to navigate the dynamic world of financial markets confidently. Whether traders are seeking foundational understanding, staying updated on market trends, or expanding their vocabulary, OTB's educational resources cater to a diverse range of learning needs.
OTB has good and not-so-good aspects for traders to think about. It's good because it has competitive prices for trading different things, making it cost-effective and offering chances for profit. There are also different ways to trade and types of accounts to pick from. However, some users say the features in MetaTrader 4 are a bit limited, and customer service can be slow. People are also worried there might be hidden fees.
So, if you're thinking about using OTB, you should think about what's important to you and how much risk you're okay with. While it has good prices and options, there might be issues like not much oversight and mixed reviews about customer service, so it's smart to do some research before you start trading with OTB.
Q1: What financial instruments can I trade on OTB?
A1: OTB offers a diverse range of financial instruments, including Forex, CFDs, Metals, Energies, and Cryptocurrencies, providing traders with various options for trading and investment.
Q2: What trading platforms are available on OTB?
A2: OTB provides access to popular trading platforms, including MetaTrader 4, MetaTrader 5, and their own proprietary platform. This caters to different user preferences and trading styles.
Q3: What account types does OTB offer?
A3: OTB provides various account types, including Starter, Standard, Moderate, Bronze, Silver, Golden, and VIP. This range caters to different trading experience levels and capital availability.
Q4: Does OTB support fractional trading?
A4: Yes, OTB enables fractional trading, allowing traders to purchase portions of assets, even with limited funds. This feature facilitates portfolio diversification and investment flexibility.
Q5: Are there educational resources available on OTB?
A5: While OTB provides some educational resources, traders may want to explore additional educational materials, as user reviews suggest that the platform offers a limited number of educational resources compared to some other brokers.
Q6: Can I use automated trading strategies on OTB?
A6: Yes, OTB supports automated trading strategies. The MetaTrader 4 and MetaTrader 5 platforms offered by the broker include features for algorithmic and automated trading through expert advisors (EAs).