OTM Account Type

OTM offers three distinct types of trading accounts designed to meet various trading and investment goals. Each account type comes with unique features, spreads, and requirements:

• Standard Account
• Platform: MT5
• Spread: Starting from 1.2 pips
• Commission: Zero
• Swap Free: Yes
• Minimum Deposit: $100
• Leverage (Forex): 1:1000
• Leverage (Shares): 1:20
• Margin Call: 100%
• Stop Out Level: 20%
• Partial Closure: Yes
• Executive Account
• Platform: MT5
• Spread: 1 pip
• Commission: Zero
• Swap Free: Yes (with conditions)
• Minimum Deposit: $500
• Leverage (Forex): 1:500
• Leverage (Shares): 1:20
• Margin Call: 100%
• Stop Out Level: 25%
• Partial Closure: Yes
• Pro Account
• Platform: MT5
• Spread: 0 pips
• Commission: $3.5 (per side)
• Swap Free: No
• Minimum Deposit: $5,000
• Leverage (Forex): 1:400
• Leverage (Shares): 1:20
• Margin Call: 100%
• Stop Out Level: 20%
• Partial Closure: Yes

For more details, you can visit OTM Account Comparison.

OTM Broker Account Opening Process

To open an account with OTM, follow these steps:

• Choose Account Type: Select the account type that best fits your trading and investment needs.
• Visit the Website: Go to the OTM official website.
• Complete the Application: Fill out the online application form with your personal details.
• Submit Documents: Upload the required identification documents, such as a valid passport or national ID.
• Verification: OTM will vet and verify your information through their CRM system.
• Account Approval: Once verified, you will receive a notification via email that your account is approved and ready for funding.
• Fund Your Account: Deposit the minimum required amount to activate your account.

For more information on the account opening procedures, you can refer to the Typical Account Opening Procedures for Broker Dealers.