Score
OTTMarkets
China|1-2 years| https://ottmarkets.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
China
1-2 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed OTTMarkets also viewed..
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Website
ottmarkets.com
Server Location
Germany
Website Domain Name
ottmarkets.com
Server IP
62.72.23.78
Company Summary
| 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 |
Keywords
- 1-2 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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