OTTMarkets Forex Broker

OTTMarketsReview SummaryFounded2023-01-04Registered Country/RegionChinaRegulationUnregulatedMarket InstrumentsForex/Index/ETFs/Spot Metals/Energies/Stocks/CryptocurrenciesDemo Account✅LeverageUp to 1:100SpreadFrom 0Trading PlatformOTT Markets cTrader(Mobile/Desktop/Web）Min Deposit$100Customer SupportNot mentionedOTTMarkets Information OTTMarkets is a broker with three account types that provide a maximum leverage of 1:100. The tradable instruments include forex, index, ETFs, spot metals, energies, stocks, and cryptocurrencies. The minimum spread is from 0 pips and the minimum deposit is $100. OTTMarkets is still risky due to its unregulated status, high leverage, and incomplete information about contact details, payment methods, and more.Pros and ConsPros Cons Leverage up to 1:100UnregulatedSpread as low as 0 pipsMissing contact detailsDemo account availableNo payment methodHave educational resourcesIs OTTMarkets Legit? OTTMarkets is not regulated, which makes it less safe than regulated brokers.What Can I Trade on OTTMarkets? Traders can choose different investment directions because the broker provides forex, index, ETFs, spot metals, energies, stocks, and cryptocurrencies.Tradable Instruments Supported Forex✔Index✔ETFs✔Spot Metals✔Precious Metals✔Energies✔Stocks✔Cryptocurrencies✔Account Type OTTMarkets has three types of accounts: Standard, Prime, and Institutional. Traders who want low commission can choose an institutionalaccount and those who prefer low deposit can open a standard account.Account Type StandardPrime Institutional Minimum Deposit$100$2000$10000Available Base CurrenciesUSD, EURUSD, EURUSD, EURSpreads From0.0 pips0.0 pips0.0 pipsMax Leverage1:1001:1001:100Negative Balance ProtectionYesYesYesMin. Lots0.010.010.01Commissions$9 per side per $100K traded$6 per side per $100K traded$3 per side per $100K tradedHedging AllowedYesYesYesOTTMarkets Fees The spread is as low as 0 pips andthe commission starts from $3.Leverage The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.Trading Platform OTTMarkets offers a proprietary platform – OTT Markets cTrader is available in Mobile, Desktop, and Web.Trading PlatformSupported Available Devices OTT Markets cTrader✔Mobile/Desktop/WebDeposit and Withdrawal The minimum deposit is $100.Customer Support Options OTTMarkets provides 24/7 customer support. However, traders dont know how to contact this broker.Contact Options DetailsSupported Language EnglishWebsite Language EnglishPhysical Address Not mentioned