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Regarding the legitimacy of OTSO forex brokers, it provides ASIC, FSCA and WikiBit, .

Is OTSO safe?

Regulated
OTSO
This rating is sourced from logo

Is OTSO markets regulated?

Latest Reviews

Is OTSO markets regulated?

The regulatory license is the strongest proof.

Inst Forex Execution (STP)

ASIC Inst Forex Execution (STP)

Australia Securities & Investment Commission

Australia Securities & Investment Commission

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Inst Forex Execution (STP)
  • Licensed Entity:

    ABIGAIL FUNDS MANAGEMENT PTY LTD ABIGAIL FUNDS MANAGEMENT PTY LTD
  • Effective Date:

    2023-12-08
  • Licensed Entity Email:

    compliance@otsomarkets.com.au
  • Sharing Status:

    No Sharing
  • Licensed Entity Website:

    --
  • Expiration Time:

    --
  • Licensed Entity Address:

    SE 73 L 1 8 CLUNIES ROSS CT EIGHT MILE PLAINS QLD 4113 AUSTRALIA
  • Licensed Entity Phone:

    0482080988
  • Licensed Institution Certified Documents:

11 name
Derivatives Trading License (EP)

FSCA Derivatives Trading License (EP)

Financial Sector Conduct Authority

Financial Sector Conduct Authority

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Derivatives Trading License (EP)
  • Licensed Entity:

    OTSO MARKETS (PTY) LTD OTSO MARKETS (PTY) LTD
  • Effective Date:

    2024-12-09
  • Licensed Entity Email:

    --
  • Sharing Status:

    No Sharing
  • Licensed Entity Website:

    --
  • Expiration Time:

    --
  • Licensed Entity Address:

    18 CAVENDISH ROAD CLAREMONT CAPE TOWN 7708
  • Licensed Entity Phone:

    --
  • Licensed Institution Certified Documents:

11 name

Is OTSO a scam, or is it legit?

The latest exposure and evaluation content of OTSO brokers.

The platform deducted my profits.
The platform deducted my profits. Even after requesting my cooperation in filming a video of myself holding my ID card, they still haven't paid out the principal. More than a week has passed since I replied to their emails, and they still haven't processed the matter.
Severe slippage
The platform's spreads were initially around 26, which stabilized, but later fluctuated abnormally to 30-35 with extremely high slippage. I sent an email, but received no response and no one addressed the issue. The entire page was filled with slippage data. This is how a new platform treats people! I urge you to be cautious when opening an account with the platform.
The fraudulent platform OTSO refuses to pay profits.
OTSO is a typical example of a platform that uses "illegal trading and high-frequency trading" as an excuse, but its essence is a gambling model under which client's profit means the platform's loss . They don't allow clients to withdraw without any reasonable explanation, and even communicate directly in internal group chats to prevent withdrawals. Look how shameless they are! Previously, OTSO also had a direct connection with a fraudulent platform called TSKFX—after users complained about being unable to withdraw from TSKFX, their accounts were forcibly migrated to the OTSO platform.
It's a fraudulent platform that doesn't allow withdrawal after making a profit.
It's a fraudulent platform that doesn't allow withdrawal after making a profit.

OTSO Similar Brokers Safe

Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.

OTSO latest industry rating score is 5.21, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 5.21 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.