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OTT TRADING Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-08 16:47

Abstract:Founded in 2012 and situated in New Zealand, OTT Trading runs on a revoked FSPR rule. Although the platform provides trading through MT4 and MT5, its revoked regulatory status calls questions regarding its validity and security for traders.

  Note:OTT Trading's official website:https://www.OTT Trading.com/en// is currently inaccessible normally.

AspectInformation
Company NameOTT Trading
Registered Country/AreaNew Zeland
Founded Year2012
Regulation(FSPR)Revoked
Trading PlatformMT4

OTT Trading Information

  Founded in 2012 and situated in New Zealand, OTT Trading runs on a revoked FSPR rule. Although the platform provides trading through MT4 and MT5, its revoked regulatory status calls questions regarding its validity and security for traders.

OTT Trading Information

Is OTT Trading Legit or a Scam?

Is OTT Trading Legit or a Scam?
Financial Service Providers Register(FSPR)
Current StatusRevoked
Regulated byFSPR
License TypeFinancial Service Corporate
License No.419586
Licensed InstitutionOTT TRADING GROUP LIMITED

Downsides of OTT Trading

  Operating under a revoked FSPR regulation, OTT Trading greatly compromises its reputation and calls questions on its authenticity and the protection of traders' cash.

  The website has been identified for having a dubious scope of business and suspicious overruns, so suggesting a high possible danger for users who might come into contact with dishonest behavior.

  Manipulated market circumstances and disappearing customer assistance following deposits are among the several user complaints concerning scams and dishonest behavior linked with OTT trading.

Negative OTT Trading Reviews on WikiFX

  WikiFX lets users remark using exposure as a key tool in the exposure part.

  Before trading on unofficial platforms, traders should check material and evaluate dangers. About related details, kindly review our website.

  OTT trading has 2 exposures on Wikifx. I will introduce everyone of them.

  Exposure.1 Scam

Negative OTT Trading Reviews on WikiFX
ClassificationScam
DateJanuary 3rd,2020
Post CountryHong Kong,China

  The client claimed OTT Trading collected deposits, then vanished, tricking them through a livestream group.You can go:

  https://www.wikifx.com/en/comments/detail/202001037762562148.html

  Exposure.2 Fraudulent platform

Negative OTT Trading Reviews on WikiFX
ClassificationFraudulent platform
DateDecember 23rd,2019
Post CountryHong Kong,China

  The customer claimed OTT Trading is a fraud platform designed to manipulate the market so users lose money.You can go:

  https://www.wikifx.com/en/comments/detail/201912238932573670.html

Conclusion

  OTT Trading is not a safe place to trade.The FSPR regulation has been repealed and there have been several complaints about scams. In order to have a more secure experience, users should select regulated brokers who have clear business practices.

  

Related broker

No Regulation
OTT TRADING
Company name:OTT TRADING GROUP LIMITED
Score
1.58
Website:http://ottfxmarket.com/en/
5-10 years | Suspicious Regulatory License | Suspicious biz area | Financial Service Corporate
Score
1.58

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