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OTT TRADING

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.

Aspect	Information
Company Name	OTT Trading
Registered Country/Area	New Zeland
Founded Year	2012
Regulation	(FSPR)Revoked
Trading Platform	MT4

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.

Is OTT Trading Legit or a Scam？

	Financial Service Providers Register(FSPR)
Current Status	Revoked
Regulated by	FSPR
License Type	Financial Service Corporate
License No.	419586
Licensed Institution	OTT 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

Classification	Scam
Date	January 3rd,2020
Post Country	Hong 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

Classification	Fraudulent platform
Date	December 23rd,2019
Post Country	Hong 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.

Broker Dealer

Related broker

No Regulation

OTT TRADING

Company name：OTT TRADING GROUP LIMITED

Score

1.59

Website：http://ottfxmarket.com/en/

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.59

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