Rating Index

Pros

Competitive spreads starting from 1 pip, allowing traders to minimize costs and maximize profits.

Wide range of market instruments, including forex, CFDs, and cryptocurrencies, enabling portfolio diversification.

Multiple account types available, catering to different trading experience levels and capital availability.

Cons

Lack of regulatory oversight, which may raise concerns about fund security and compliance.

High minimum deposits required for certain account types, potentially limiting access for some traders.

Mixed reviews regarding customer support, with reports of slow or unresponsive service.

OTB broker Accounts

OTB Account Type

OTB offers a variety of account types tailored to different trading experience levels and capital availability. The available account types include:

Starter Account

Minimum Deposit: $0
Maximum Leverage: 1:30
Spreads: Starting from 15 pips

Standard Account

Minimum Deposit: $150
Maximum Leverage: 1:30
Spreads: Starting from 14 pips

Moderate Account

Minimum Deposit: $1,000
Maximum Leverage: 1:50
Spreads: Starting from 12 pips

Bronze Account

Minimum Deposit: $10,000
Maximum Leverage: 1:100
Spreads: Starting from 10 pips

Silver Account

Minimum Deposit: $25,000
Maximum Leverage: 1:200
Spreads: Starting from 8 pips

Golden Account

Minimum Deposit: $50,000
Maximum Leverage: 1:500
Spreads: Starting from 6 pips

VIP Account

Minimum Deposit: $100,000
Maximum Leverage: 1:1000
Spreads: Starting from 1 pip

OTB Broker Account Opening Process

Opening an account with OTB is a straightforward process that can be completed online in just a few minutes. Heres a step-by-step breakdown of the account opening process:

Choose Account Type: Select the account type that best suits your trading needs from the options available.
Visit OTB Website: Go to the official OTB website and click on the “Open Account” button.
Fill Out Application Form: Complete the online application form with your personal information, financial details, and trading experience. Make sure to have your identification documents (passport or ID card) and proof of address ready for uploading.
Fund Your Account: Choose your preferred deposit method, which may include bank transfers, credit/debit cards, or e-wallets, and follow the instructions to complete the deposit.
Verify Your Account: After funding your account, you will need to verify your identity and address by submitting scanned copies of your ID documents and proof of address.
Start Trading: Once your account is verified, you can explore the OTB trading platform and begin making trades.