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Oqtima Forex broker specializes in providing foreign exchange trading services, the company's official website https://portal.oqtim..., the company's legitimate regulatory information CyprusCYSECStraight Through Processing (STP), SeychellesFSARetail Forex License to enhance the security of the company's address IMAD Complex, Third Floor, Office 12, Ile Du Port, Mahe, Seychelles

Oqtima Forex Broker

Basic Information

Registered Region
Seychelles
Operating Period
--
Company Name
OQTIMA INT. LTD
Abbreviation
Oqtima
Company employee
--
Customer Service Email Address
support@oqtima.com
Contact Number
+443308285704
Company Website
Company address
IMAD Complex, Third Floor, Office 12, Ile Du Port, Mahe, Seychelles
Keywords
2-5 years
Regulated in Cyprus
Regulated in Seychelles
Straight Through Processing (STP)
Retail Forex License
MT5 Full License
Medium potential risk
Offshore Regulated

Company profile

Oqtima Review SummaryFounded2020Registered Country/RegionCyprusRegulationFSA & CYSECMarket InstrumentsForexIndicesMetalsCryptocurrencyEnergiesStocksETFDemo Account✅LeverageUp to 1:1000SpreadFrom 0.0 pipsTrading PlatformMT4, MT5Min Deposit$100Customer SupportPhone:+44 330 828 5704+248 463203424/5 servicePhysical Address: The Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebene, Republic of Mauritius.Email:support@oqtima.comSocial Media: Viber, Messenger, WhatsApp, Telegram.Oqtima Information Established in 2020 and registered in Cyprus, Oqtima operates as a broker offshore regulated by the Seychelles Financial Services Authority (FSA), and regulated by the Cyprus Securities and Exchange Commission(CYSEC). The company offers seven asset classes: forex, indices, metals, cryptocurrencies, stocks, ETFs, and energies. It also provides access to the MT4 and MT5 trading platforms and supports demo accounts.Pros and ConsProsConsSupport MT4 and MT5Commission charged on ECN accountsAvailable demo accountsSpreads from 024/5 serviceCommission starts at $0Support Swap-free accountIs Oqtima Legit? Oqtima is under the offshore regulation of the Seychelles Financial Services Authority (FSA), holding License number SD109. Oqtima is under the regulation of the Cyprus Securities and Exchange Commission(CYSEC), holding License number 406/21.RegulatorRegulatory StatusLicence TypeLicence NumberThe Seychelles Financial Services Authority (FSA)Offshore RegulatedRetail Forex LicenseSD109Cyprus Securities and Exchange Commission(CYSEC)RegulatedStraight Through Processing(STP)406/21What Can I Trade on Oqtima? Oqtima provides access to more than 80 popular trading products including forex, indices, metals, cryptocurrencies, stocks, ETFs.Forex: Trade over 80 currency pairs with light execution speeds.Indices: OQtima has one of the largest ranges of CFD indices in the industry to trade long or short.Trade CFDs on indices and speculate on the performance of the various stock markets around the world now.Shares: With OQtima you can trade all the most sought after and hottest shares, long or short, with MT4.Metals: Trade Gold and Silver crosses with spreads starting from 0.0 pips.Cryptocurrencies: 45+ Crypto crosses to trade, instantly access top cryptocurrencies like Bitcoin and Ethereum. Trade pairs like BTC/USD, ETH/USD, LTC/USD, and more.ETF: Pick among 100 of the most widely traded ETFs now.Energies: Trade three types of energy commodities via CFDs.Tradable InstrumentsSupportedForex✔Indices✔Metals✔Cryptocurrency✔Energies✔Shares✔ETF✔Stocks❌Account Types Oqtima offers two types of accounts: ECN Account, and ONE Account. It also offers demo accounts and Islamic accounts for traders. The minimum deposit for an ECN account is $100, spreads start at 0 and commissions are $3. In contrast, the ONE account has a minimum deposit of $100 and is commission-free, with spreads starting at 1.OQtima ECN+OQtima ONESpreads from0.0 pips1.0 pipsComissions$3.00 Per side traded0Min. deposit$100$100Max. leverage1:10001:1000Hedging Allowed✔✔EA and Scalpers welcome✔✔Base CurrenciesUSD, EUR, JPY, GBP, CAD, CHF, SGD, ZARUSD, EUR, JPY, GBP, CAD, CHF, SGD, ZARFunding Fees$0$0Withdrawal Fees$0$0Markets77Total Symbols300+300+ To open an account, the user will be prompted to fill in personal information on this page, including name, country and password, email, and phone number. Then press the ‘CONTINUE’ button to complete the account creation process.Leverage ECN Account, and ONE Account have a leverage of 1:1000. High leverage means high returns but also high risk.Oqtima Fees Oqtima's spread and commission structure differs across account types. The ECN Account offers spreads starting from 0 and charges a commission of $3, while both the ONE Account have spreads starting from 1 but do not charge any commission. Here is the specific spreads table of different trading assets:ECN+ AccountONE AccountForexMinAvgMinAvgAUDUSD00.1411.14EURJPY00.811.8EURUSD00.1211.12GBPCAD02.0913.09GBPJPY01.6112.61GBPUSD00.3611.36USDCHF00.611.6NZDUSD00.411.4IndicesUSIDX0.020.03 (106.865/106.879)1.021.03US20000.080.30 (2364.03/2364.71)1.081.3TW880.090.40 (1904.21/1904.54)1.091.4VIX0.090.40 (14.74/14.81)1.091.1NETH250.30.40 (889.33/889.7)1.31.4FRA4023.10 (7346/7350)34.1UK10022.633.6MetalsXAGUSD0.21.051.22.05XAGEUR0.50.51.51.5XAUEUR0.50.51.51.5XAUUSD0.70.791.71.79XPTUSD7.132.18.133.1CryptocurrencyDOGEUSD1.92.162.93.16MATUSD2.12.323.13.32ADAUSD2.12.383.13.38XRPUSD2.12.663.13.66EOSUSD2.19.073.110.07DOTUSD2.22.273.23.27LNKUSD2.32.33.33.42Trading Platform Oqtima offers MetaTrader 4 and MetaTrader 5 platforms.Trading PlatformSupportedAvailable DevicesSuitable forMT4✔Mobile and Tablet,Desktop,WebtraderProfessional traders andbeginnersMT5✔Mobile and Tablet,Desktop,WebtraderProfessional traders andbeginnersCtrader❌Deposit & Withdrawal Oqtima offers deposit and withdrawal methods including credit/debit cards, crypto funding, international bankwire, UK bankwire, local banking, STICPAY, PIX, and e-wallets. All deposit and withdrawal methods have no fees. Minimum deposit: Oqtima offers $100 or the equivalent in any supported local currency for deposits. DepositProcessing Time:Deposits via Credit/Debit Cards, Crypto Funding, STICPAY, PIX, E-Wallets, and UK Bankwire( If made within UK business days/hours)are processed instantly.Local Banking are processed 10 minutes if made within the bank's business days/hours.International Bankwire deposits take 3-5 business days to process. Withdrawal Processing Time:Requests are processed within one business day.Deposit & Withdrawal MethodsCurrencies AcceptedMin DepositDeposit Processing TimeWithdrawal Processing TimeDeposit & withdrawal FeesCredit and Debit CardsUSD & EUR$100 Or Equivalent In Wallet CurrencyInstantWithin One Business DayZeroCrypto fundingUSDT$100 Or Equivalent In Wallet CurrencyInstantWithin One Business DayZeroInternational BankwireUSD, EUR, GBP, JPY, CAD, CHF, AUD, AED, HKD, PHP, NZD, ZAR$100 Or Equivalent In Wallet Currency3-5 Business DaysWithin One Business DayZeroUK BankwireGBP$100 Or Equivalent In Wallet CurrencyInstant, If Made Within UK Business Days/HoursWithin One Business DayZeroLocal BankingJPY, THB, MYR, IDR, VND, SGD, PHP$100 Or Equivalent In Wallet Currency10 Minutes If Made Within The Bank's Business Days/HoursWithin One Business DayZeroSTICPAYCAD, GBP, JPY, USD$100 Or Equivalent In Wallet CurrencyInstantWithin One Business DayZeroPIXBRL, USD$100 Or Equivalent In Wallet CurrencyInstantWithin One Business DayZeroE-WalletsLocal Currencies Accepted$100 Or Equivalent In Wallet CurrencyInstantWithin One Business DayZero

Rating Index

Credit Card

Minimum Deposit
$100 Or Equivalent In Wallet Currency

Wire Transfer

Minimum Deposit
$100 Or Equivalent In Wallet Currency
How to login to Oqtima?
OQtima Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register an OQtima Account Registering for an OQtima account is the first step toward accessing a wide array of trading opportunities in the forex and CFD markets. Heres a

  

OQtima Forex Broker - Complete Information Guide

  

1. Broker Overview

  OQtima, officially known as CDE Global Markets Ltd, was established in 2022. The broker is headquartered in Limassol, Cyprus, with additional operational offices located in Seychelles. As a privately held entity, OQtima focuses on providing a comprehensive trading experience to a diverse clientele, including both retail and institutional traders.

  Since its inception, OQtima has made significant strides in the competitive forex and CFD trading landscape. The broker aims to offer a seamless trading environment characterized by user-friendly platforms and a robust selection of trading instruments. OQtima's development has been marked by its commitment to regulatory compliance, technological innovation, and customer satisfaction, making it a noteworthy player in the industry.

  OQtima operates under a non-dealing desk (NDD) model, which allows for direct market access. This approach enables traders to benefit from tighter spreads and quicker order execution, enhancing their trading strategies and overall experience.

  

2. Regulation and Compliance Information

  OQtima is regulated by two prominent authorities: the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) of Seychelles. The regulatory license from CySEC is numbered 406/21, while the FSA license is numbered SD 109.

  CySEC regulation ensures that OQtima adheres to strict European financial standards, providing traders with a high level of security through segregated client funds and participation in the Investor Compensation Fund (ICF), which offers compensation up to €20,000 in the event of broker insolvency.

  In Seychelles, the FSA regulates OQtima's operations, allowing for more flexible trading conditions, such as higher leverage. Both regulatory bodies enforce Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that OQtima conducts its business transparently and responsibly.

  

3. Trading Products and Services

  OQtima offers a wide array of trading products, including over 300 contracts for difference (CFDs) across various asset classes. Traders can access a diverse selection of instruments, including:

  • Forex Pairs: OQtima provides a comprehensive range of currency pairs, including major, minor, and exotic options.
  • CFD Products: The broker offers CFDs on indices, commodities, stocks, and cryptocurrencies, allowing traders to speculate on price movements without owning the underlying assets.
  • Unique Offerings: OQtima continually updates its product offerings, adding new instruments to meet market demand and trader preferences.

  The broker's commitment to expanding its product range ensures that traders have access to a well-balanced portfolio, catering to different trading strategies and risk profiles.

  

4. Trading Platforms and Technology

  OQtima supports two of the most popular trading platforms in the industry: MetaTrader 4 (MT4) and cTrader.

  • MetaTrader 4: Known for its user-friendly interface and robust functionality, MT4 is favored by traders for its charting capabilities, automated trading features, and extensive library of technical indicators.
  • cTrader: This platform is recognized for its modern design and advanced trading features, including Level II pricing and customizable layouts. cTrader is particularly suitable for algorithmic trading, allowing traders to implement automated strategies seamlessly.

  Both platforms are accessible on desktop and mobile devices, providing traders with flexibility and convenience. OQtima employs an ECN execution model, ensuring that orders are filled quickly and efficiently, which is essential for high-frequency trading strategies.

  

5. Account Types and Trading Conditions

  OQtima offers two main account types designed to cater to different trading styles and preferences:

  •   ECN + Account: This account type requires a minimum deposit of $20, with spreads starting from 0.0 pips and a commission of $3.50 per traded lot. It allows for high leverage up to 1:1000 and is suitable for traders looking for low-cost trading conditions.

  •   OQtima One Account: This account also has a minimum deposit of $20, but it features spreads starting from 1.0 pip with no commission charges. It is ideal for traders who prefer a simpler pricing model without the need to calculate commissions.

  Both account types support various trading strategies, including scalping and hedging, and offer flexibility in terms of leverage and trading instruments.

  

6. Fund Management

  OQtima provides a variety of funding methods to facilitate easy deposits and withdrawals. Accepted deposit methods include:

  • Credit/Debit Cards: Instant processing with no fees.
  • Bank Transfers: Processing time of 1-3 business days, with no fees charged by OQtima.
  • E-wallets: Instant deposits with no fees, including options like Neteller and Skrill.

  The minimum deposit requirement is $20 for both account types, making it accessible for a wide range of traders. Withdrawals are processed quickly, typically within one business day, with no withdrawal fees charged by OQtima.

  

7. Customer Support and Educational Resources

  OQtima offers comprehensive customer support through various channels, including:

  • Email Support: Available for inquiries outside of business hours.
  • Phone Support: Live representatives are available during business hours.
  • Live Chat: Instant assistance via the live chat feature on the website.

  The broker supports multiple languages, including English, Chinese, Spanish, and more, ensuring effective communication with a diverse client base.

  While OQtima provides limited educational resources, such as basic trading tutorials and FAQs, it is currently developing more comprehensive training materials to assist both novice and experienced traders.

  

8. Regional Coverage and Restrictions

  OQtima serves clients from over 100 countries, focusing on international markets. However, it does not accept clients from certain jurisdictions, including:

  • United States
  • Iran
  • North Korea
  • Countries with specific regulatory restrictions

  The broker's regional offices in Cyprus and Seychelles allow it to cater to a global clientele while adhering to local regulations.

  In summary, OQtima is a promising forex broker that combines competitive trading conditions, a diverse range of products, and robust regulatory compliance to create a reliable trading environment. With its commitment to customer satisfaction and ongoing development of educational resources, OQtima is well-positioned to support traders of all experience levels in navigating the financial markets effectively.

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Latest Reviews

Pongtai

Pongtai

Vietnam

Having two oversight agencies really gives me a sense of security, and the diverse payment options make me feel at ease!

Positive

2024-07-31

FX1675756694

FX1675756694

Spain

I've been using Oqtima for several weeksnow, and I am incredibly impressed with the platform. Its transformed my trading experience, offering a user-friendly interface that makes managing my trades straightforward and efficient. Plus the customer support team at Oqtima is top. They are responsive and resolved my issue in a few hours.

Positive

2024-07-18

Cancx

Cancx

Vietnam

Pretty smooth. Love that I can start with just $20 and the spreads are super low. Very instant withdrawals and no fees for funding or pulling out money. Really makes trading straightforward and stress-free. 👍

Positive

2024-06-04

Oqtima Forex Broker has an overall rating of 6.98, Regulatory Index 6.32, License Index 6.32, Business Index 5.96, Software Index 9.50 Risk Control Index 8.22.