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Ortem foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.ortemsecurities.com, about the company's legal and temporary regulatory information, the company's address 59, Bentinck Street, 1st Floor, Kolkata: 700 069.

Ortem Forex Broker

Basic Information

Registered Region
India
Operating Period
--
Company Name
Ortem Securities
Abbreviation
Ortem
Company employee
--
Customer Service Email Address
info@ortemsecurities.com
Contact Number
+91332236772525
Company address
59, Bentinck Street, 1st Floor, Kolkata: 700 069
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

OrtemReview Summary Founded2001 Registered Country/RegionIndia RegulationNo regulation ServicesRetail broking, depository participant services, mutual funds, IPO, distribution of fixed income products, online trading, KRA registration, financial planning, direct research assistance, national insurance repository (NIR), national pension scheme Demo Account/ Leverage/ Spread/ Trading PlatformORTEM SECURITIES Minimum Deposit/ Customer SupportContact form Phone: 91 33 - 2236 7725 Email: info@ortemsecurities.com Address: 59, Bentinck Street, Kolkata: 700069Ortem Information Ortem, founded in 2003, is a brokerage registered in India. The services it provides Retail broking, depository participant services, mutual funds, IPO, distribution of fixed income products, online trading, KRA registration, financial planning, direct research assistance, national insurance repository (NIR), national pension scheme. However, it is unregulated.Pros and Cons Pros Cons A lot of services offeredNo regulation Long operation historyLimited payment methods Various contact channelsIs Ortem Legit? Ortem doesn't have any license, which means investors need to be more careful when investing through Ortem.Services Ortem offers a lot of services like retail broking, depository participant services, mutual funds, IPO, distribution of fixed income products, online trading, KRA registration, financial planning, direct research assistance, national insurance repository (NIR), national pension scheme. ServicesSupported Retail broking✔ Depository participant services✔ Mutual funds✔ IPO✔ Distribution of fixed income products✔ Online trading✔ KRA registration✔ Financial planning✔ Direct research assistance✔ National insurance repository (NIR)✔ National pension scheme✔Trading Platform Ortem's trading platform is ORTEM SECURITIES, which supports traders on PC, Mac. Trading PlatformSupported Available Devices Suitable for ORTEM SECURITIES✔Web, PC, Tablet/Deposit and Withdrawal The broker offers one type of payment method that is bank transfer. It only receives bank accounts named as Up Streaming Client Nodal Bank Account (USCNBA).

Rating Index

How to login to Ortem?
Ortem Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide will walk you through the processes of registering, opening, and logging into an Ortem account. Whether you are a new user or looking for troubleshooting tips, this guide contains essential info

  

Ortem Forex Broker - Complete Information Guide

  

1. Broker Overview

  Ortem Securities Ltd., established in 1994, is a prominent brokerage firm based in Kolkata, West Bengal, India. As an unlisted public company, Ortem has developed a robust reputation in the Indian financial services market, focusing primarily on stockbroking and investment services. The company operates with a vision to provide a comprehensive range of financial products and services tailored to meet the diverse needs of its clientele, which encompasses both retail and institutional investors.

  Over the years, Ortem has achieved significant milestones, including its registration with the Securities and Exchange Board of India (SEBI), which is a crucial regulatory body overseeing the securities market in India. The firm has also established a presence in the currency derivatives segment, further enhancing its service offerings. With a commitment to high standards of service and client satisfaction, Ortem broker aims to empower investors with the tools and resources necessary for successful trading.

  Ortem operates on a retail forex trading model, providing individual traders access to various financial instruments, including stocks, commodities, and foreign exchange. The company's business model is designed to cater to a wide range of clients, from novice traders seeking guidance to experienced investors looking for advanced trading solutions.

  

2. Regulatory and Compliance Information

  Ortem Securities Ltd. is regulated by the Securities and Exchange Board of India (SEBI), with registration numbers that affirm its compliance with local laws and regulations. However, it is important to note that Ortem does not currently hold any regulatory licenses from international authorities, which may pose higher risks for investors. The absence of such regulatory oversight could limit the protection available to clients in case of disputes or financial issues.

  The firm adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that client identities are verified and monitored. This is crucial for maintaining the integrity of the financial system and protecting clients from fraud.

  Ortem maintains a client fund segregation policy, which means that client funds are kept separate from the company's operational funds. This practice is essential for safeguarding investors' money and ensuring that it is not misused. However, the firm does not currently participate in any investor compensation schemes, which could further enhance client protection.

  

3. Trading Products and Services

  Ortem broker offers a diverse range of trading products and services to its clients. In the forex market, the company provides access to a variety of currency pairs, including major, minor, and exotic pairs. This wide selection allows traders to engage in various trading strategies based on market conditions.

  In addition to forex trading, Ortem also offers Contracts for Difference (CFDs) across several asset classes, including:

  • Indices: Major global indices such as Nifty 50 and Sensex.
  • Commodities: Precious metals, energy products, and agricultural goods.
  • Stocks: A selection of shares from leading companies listed on Indian stock exchanges.
  • Cryptocurrencies: Although not a primary focus, Ortem may provide limited access to popular cryptocurrencies.

  The firm regularly updates its product offerings to align with market trends and client demands, ensuring that traders have access to the latest investment opportunities. Ortem broker also provides retail trading services, catering to individual investors, and institutional client services for larger entities looking for tailored trading solutions.

  

4. Trading Platform and Technology

  Ortem Securities supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely recognized for their user-friendly interfaces and advanced trading features. These platforms allow traders to execute trades, analyze market trends, and utilize various trading tools to enhance their trading experience.

  For clients preferring web-based trading, Ortem offers a web trading platform that enables seamless access to trading accounts from any device with internet connectivity. Additionally, the company is in the process of developing a mobile application for both iOS and Android users, facilitating trading on-the-go.

  The execution model employed by Ortem broker includes ECN (Electronic Communication Network) and Market Making, offering traders competitive spreads and fast execution times. The company's infrastructure is supported by robust server technology, ensuring stability and reliability in trade execution.

  Furthermore, Ortem provides API access for automated trading, allowing clients to integrate their trading strategies and algorithms directly with the brokerage's systems.

  

5. Account Types and Trading Conditions

  Ortem Securities offers various account types to accommodate the diverse needs of its clients. The standard account typically requires a minimum deposit, with competitive spreads and commission structures designed to attract both novice and experienced traders.

  For clients seeking advanced trading features, Ortem provides premium account types, such as:

  • VIP Accounts: Tailored for high-volume traders with enhanced benefits.
  • Professional Accounts: Designed for institutional clients with specific trading needs.

  Additionally, Ortem offers Islamic accounts that comply with Sharia law, ensuring that clients can trade without incurring interest charges.

  The firm provides a demo account option for new traders, allowing them to practice trading strategies in a risk-free environment. Leverage ratios vary based on the type of product being traded, with the minimum trade size typically set at one micro lot.

  Ortem also outlines its overnight fees policy, ensuring that clients are informed about any applicable charges for holding positions overnight.

  

6. Fund Management

  Ortem broker supports multiple deposit methods, including bank transfers, credit cards, and e-wallets, providing clients with flexibility when funding their accounts. The minimum deposit requirements vary by account type, ensuring accessibility for all clients.

  Deposit processing times are generally swift, with most transactions completed within a few hours. However, clients should be aware of any associated deposit fees, which may vary depending on the chosen method.

  Withdrawals can be made through similar channels, but clients should note that there may be limitations based on their account type and the method selected. Withdrawal processing times can take up to several business days, depending on the method used. Ortem aims to maintain transparency in its withdrawal fee structure, ensuring clients are aware of any costs involved.

  

7. Customer Support and Educational Resources

  Ortem Securities provides comprehensive customer support through various channels, including phone, email, and live chat. The support team is available during business hours, which are typically from 9:00 AM to 6:30 PM (IST), Monday to Saturday.

  The firm offers support in multiple languages, primarily English and Hindi, catering to a diverse client base.

  To enhance the trading experience, Ortem provides a range of educational resources, including:

  • Webinars: Interactive sessions covering various trading topics.
  • Tutorials: Step-by-step guides on using trading platforms and understanding market dynamics.
  • E-books: Comprehensive materials on trading strategies and market analysis.

  Additionally, Ortem broker offers market analysis services, providing clients with daily insights, news updates, and research reports to aid their trading decisions. The firm also offers various trading tools, including calculators, economic calendars, and signal services, to support traders in their activities.

  

8. Regional Coverage and Restrictions

  Ortem Securities primarily serves the Indian market, focusing on clients within the country. The firm has established regional offices across India, enhancing its accessibility and service delivery.

  However, it is important to note that Ortem does not accept clients from certain countries due to regulatory restrictions. Some of the regions where clients may face limitations include countries under international sanctions or those lacking a regulatory framework for forex trading.

  In summary, Ortem broker aims to provide a comprehensive suite of trading services while ensuring compliance with local regulations and maintaining high standards of client service. As the financial landscape continues to evolve, Ortem remains committed to adapting its offerings to meet the needs of its diverse clientele.

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Latest Reviews

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I was fired by a Food Sales Co. because of ecomomy recession. So I got a severance pay which I used to invest, $2,000 in total. Unluckily, I can't withdraw funds.

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Ortem Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.31, Software Index 4.00 Risk Control Index 0.00.