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Oqtima Forex Broker provides real users with 5 positive reviews, 1 neutral reviews and 5 exposure review!

Oqtima Broker Review

6.97

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Software Index

Full License

Business

Influence C

Oqtima Review 11

Latest All(11) Positive(5) Neutral(1) Exposure(5)
Positive

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

Pongtai
2024-07-31
Positive
Great alternative

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.

FX1675756694
2024-07-18
Positive
Seamless Trading Experience: $20 Start, Low Spreads, Instant Withdrawals, Zero Fees

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. 👍

Cancx
2024-06-04
Neutral
OQtima Trading: Seamless Experience, Top Customer Service, Competitive Spreads

As a fresh member of the OQtima trading community, I must say, it’s been a smooth ride so far. The customer service is spot-on and hasn't disappointed yet. Any hitches in execution? None that I've noticed. And their competitive spreads offer a great edge. Special shout-out to their swap-free account option, great stuff! A simple deposit process with plenty of options makes things even easier. So, if you're on the hunt for a decent broker - I'd say give OQtima a chance.

Yooper
2024-04-19
Exposure
Stay away all traders from this scam broker

 Dear all traders Its 2 months i still didn't received my profit. Please stay away from this broker and withdraw your funds else this broker will stole your profits. Its a scam broker and will blame you for making profit with wrong way and will be happy if you lose your funds. Admin take action against this broker and provide me Justice

Zafar ali1119
2024-03-20
Exposure

Hi i am replying to my previous review. Its my email azafar46@yahoo.com. All victims of Oqtima Global broker please contact me we as group will take every legal action against this broker its regulation. When we do profit they told we are doing abuse trading but they don't do such claims when we loss. Another person Mr Farooq withdrawn 3000$ profit from this broker with same trading Strategy in Same Product. He did profit of 1538,782,543$ in pdd,tesla & docu respectively(screenshots attached). I am also giving to all these proofs to their regulations. They giving profit to one person but don't give to other person. Admin please approve my review so other traders knows. Also please help us to provide us justice in declaring this broker as fraud

Zafar ali1119
2024-03-01
Exposure
Stay away from this broker

Hi my name is zafar ali. My registered account at oqtima broker is azafar46@yahoo.com. Oqtima broker is a scammer broker. Here is my review about this Oqtima Global broker. when i deposit lost 600$ in US shares Trading before, they returned my remaining balance of 100$. And after few days When i deposit again 500$ and trade again in us share and I do profit 2920$ in Us share Snap trading so they made excuses for illegal trades and trying to eat my profit 2920$ Since from 15 days they tortured me by demanding different documents and i provided even my account was already fully verified. This proves that it is an scammer broker. My deposit is 500$ and profit is 2920$. All forex trader listen openly This broker will never give you your profit. Everyone reading this review please withdraw your funds from this scam broker. I am going to post everywhere with all evidence of videos and screenshot. I am also opening case against them in their regulations. Admin kindly declare this broker as scam and help me to recover my 3419$.on Trust pilot reviews website few other victum of this scammer company Oqtima Global. He also told me again and again about my trading strategy in their email. What consern of this company about my trading strategy. Is regulated broker doing this. they also blocked my mt4 account and access to my portal.

Zafar ali1119
2024-02-21
Exposure
🚨🚨SCAMMER!!! STAY AWAY

THIS BROKER IS DOING SCAM WITH CLIENTS!!! WHENEVER THE CLIENT MAKE PROFIT THEY WILL TERMINATE YOUR ACCOUNT AND THEN THEY WILL NOT ALLOW TO WITHDRAW YOUR AMOUNT!!! THEY HAVE DECLINED MY WITHDRAWAL REQUEST MORE THAN FIVE TIMES AND THE REASON THEY PROVIDE IS AMOUNT EXCEEDS THE DEPOSIT AMOUNT BECAUSE THEY DON'T WANT TO GIVE PROFIT AND WANT TO SCAM CLIENTS. PLEASE STAY AWAY FROM THIS SACMMER BECAUSE YOU WILL BE NOT ALLOWED TO WITHDRAW WHEN YOU MAKE PROFIT!!!!!

Life Trader
2024-02-21

  

OQtima 2025 Review: Everything You Need to Know

  OQtima presents itself as a promising player in the forex and CFD brokerage landscape, boasting competitive trading conditions, advanced platforms, and a diverse range of tradable assets. However, user reviews indicate a mix of satisfaction and concern, particularly regarding customer support and withdrawal processes. This review synthesizes key insights from various sources to provide a comprehensive overview of OQtima's offerings and reputation.

  Note: It is important to recognize that OQtima operates through different entities across jurisdictions, which can impact regulatory oversight and user experience. This review employs a balanced approach, drawing on multiple sources to ensure fairness and accuracy.

  

Rating Overview

Category Score (out of 10)
Account Conditions 6.5
Tools and Resources 4.0
Customer Service and Support 5.0
Trading Setup (Experience) 7.0
Trustworthiness 6.0
User Experience 6.5

  We assess brokers based on a combination of user feedback, expert analysis, and factual data.

  

Broker Overview

  Founded in 2022 and headquartered in Limassol, Cyprus, OQtima is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) of Seychelles. The broker offers access to popular trading platforms, including MetaTrader 4 (MT4) and cTrader, catering to a wide range of trading styles. OQtima provides a rich selection of assets, including forex, cryptocurrencies, indices, commodities, stocks, and ETFs, allowing traders to diversify their portfolios effectively.

  

Detailed Information

  • Regulated Regions: OQtima is regulated in Cyprus by CySEC and in Seychelles by the FSA, providing a dual regulatory framework that enhances its credibility.
  • Deposit/Withdrawal Currencies: OQtima supports multiple currencies, including USD, EUR, GBP, and cryptocurrencies like Bitcoin and Ethereum.
  • Minimum Deposit: The minimum deposit requirement is $20 for the OQtima One account and $5,000 for the ECN+ account.
  • Bonuses/Promotions: OQtima offers a 100% deposit bonus for new clients, subject to specific trading volume requirements.
  • Tradable Asset Classes: The broker offers over 1,000 tradable instruments, including 80+ forex pairs, 45+ cryptocurrencies, and various commodities and indices.
  • Costs (Spreads, Fees, Commissions): Spreads start from 0.0 pips on the ECN+ account, with a commission of $3.50 per lot. The OQtima One account has spreads starting from 1.0 pips with no commission.
  • Leverage: Maximum leverage is up to 1:1000 for international clients and 1:30 for clients under CySEC regulations.
  • Allowed Trading Platforms: OQtima supports MT4 and cTrader, both of which are popular among traders for their functionality and user-friendliness.
  • Restricted Regions: OQtima does not provide services in several countries, including the USA, Canada, and certain EU nations due to regulatory restrictions.
  • Available Customer Support Languages: OQtima offers customer support in multiple languages, including English, Spanish, French, and Mandarin.

  

Rating Breakdown

  

Account Conditions (6.5/10)

  OQtima provides two primary account types: the ECN+ account, which offers tight spreads and a commission structure, and the OQtima One account, which is commission-free but has wider spreads. This variety allows traders to select an account that aligns with their trading strategy and risk tolerance. However, the higher minimum deposit for the ECN+ account may deter some traders, especially beginners.

  

Tools and Resources (4.0/10)

  While OQtima offers access to advanced trading platforms with a range of analytical tools, the educational resources available are limited. Users seeking comprehensive educational content may find this aspect lacking compared to other brokers like FXTM or Exness, which provide extensive training materials and webinars.

  

Customer Service and Support (5.0/10)

  Customer support experiences appear mixed, with some users reporting delays in response times and challenges with the withdrawal process. The availability of multiple support channels, including live chat and email, is a positive aspect, but the inconsistency in service quality raises concerns.

  

Trading Setup (Experience) (7.0/10)

  Traders generally report a positive experience with OQtima's trading setup, highlighting the low latency and fast execution speeds, which are crucial for high-frequency trading strategies. The platform's user-friendly interface and customizable features contribute to a seamless trading experience.

  

Trustworthiness (6.0/10)

  OQtima is regulated by two authorities, which adds a layer of trust. However, some negative user reviews raise questions about the broker's reliability, particularly regarding fund withdrawals and customer service responsiveness. This mixed feedback suggests that while OQtima has regulatory backing, potential clients should conduct thorough research before committing funds.

  

User Experience (6.5/10)

  Overall user experience is generally favorable, with traders appreciating the competitive trading conditions and a wide range of tradable assets. However, issues related to customer support and withdrawal times detract from the overall satisfaction level.

  

Conclusion

  OQtima stands as a viable option for traders seeking a regulated broker with competitive trading conditions and a diverse range of assets. However, the mixed reviews regarding customer support and withdrawal processes warrant caution. Traders, especially beginners, should weigh these factors carefully and consider their individual trading needs before opening an account with OQtima.

  For those who prioritize regulatory oversight, a variety of trading instruments, and fast execution, OQtima could be a suitable choice, but it may not be the best fit for those seeking extensive educational resources or lower costs.