OTFX Forex broker specializes in providing foreign exchange trading services, the company's official website https://fet008.coolmatch123.xyz/home, the company's legitimate regulatory information AustraliaASICAppointed Representative(AR),AustraliaASICCommon Business Registration, to enhance the security of the company's address .
OTFX Forex Broker
Basic information
Australia
Scam Brokers 1-2 years Suspicious Regulatory License Suspicious Scope of Business Suspicious Overrun High potential riskCompany profile
Note: OTFX's official website: https://www.otfx.com/#/ is currently inaccessible normally.
OTFXReview SummaryOTFX Information
OTFX is a broker, established in Australia within the past 1-2 years. It offers six types of trading products and provides its proprietary OTFX Platform along with five deposit methods. However, its regulation is suspicious clone. It has a minimum deposit requirement of $50, and lacks transparency regarding account types and fees.
Pros and Cons
| Pros | Cons |
| Offers six types of trading products | Suspicious clone regulation |
| Provides OTFX Platform | Minimum deposit of $50 |
| Offers five deposit methods | Lacks account and fee information |
Is OTFX Legit ?
OTFX is regulated by the Australia Securities & Investment Commission (ASIC) under license number 670 543 772. However, its current status is Suspicious Clone.
What Can I Trade on OTFX?
OTFX offers six types of trading products: Forex, Indices, Stocks, Bonds, Commodities CFDs, and Cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Bonds | ✔ |
| Commodities CFDs | ✔ |
| Cryptocurrencies | ✔ |
Trading Platform
OTFX offers the OTFX platform, accessible through web, desktop, and mobile devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| OTFX platform | ✔ | Mobile and Desktop（Windows & macOS） | Experienced Trader |
Deposit and Withdrawal
OTFX supports a minimum deposit requirement of $50. It supports several deposit and withdrawal methods, including digital currencies, online banking, bank wire transfers, credit cards, and Skrill. Withdrawals can be made via credit or debit cards or bank wire transfers, with processing times typically ranging from one to two working days for online methods, and three to five working days for international wire transfers.
Rating Index
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Latest Reviews
范倩芳
Taiwan
A man I met on a dating app told me that he had recently joined an investment group to invest in foreign exchange. It turned out to be a scam and now I can’t withdraw the money I deposited. So I hurry up to expose the whole thing.
Exposure
2024-03-14
外汇行业大师
Malaysia
Rubbish platforms, fraudulent platforms. Difficult to withdraw money. Stay away from black platforms as soon as possible.
Exposure
2024-01-19
Mandery
Tunisia
OTFX is awesome! They've got a ton of trading instruments to choose from and their educational tools are top-notch. Whether you're a beginner or an experienced trader, they've got something for you to help you grow and succeed.
Positive
2024-07-10