OtetMarkets

FiboMen

Portugal

I started trading in that broker until the conditions changed and I decided to withdraw my money. After weeks they did not make a withdrawal or my deposit. Can anybody help me?

FX4255247862

France

Fraudulent broker that has no live support, no answer to emails. a complete scam i lost 2000$ in this broker

OBlahut

Hungary

I opened an account about a month ago. My pnl went from 500 to 400 then to 800, then 600, then took off and I reached 1K. I made maybe 20 traded on DAX and 15 on gold a day on avarage, and was holding position between 2 min and 8 hours. On average I was holding a position for maybe 30min. So relatively short, but I don't think it would violate any rules.That was the point when I decided to withdraw half of it, but then I got this message 1EBnyj5oGkbc"RE: Trading Account Violation Inquiry,We hope this letter finds you well. It has come to our attention thatcertain trading activities in your account 510342 number with OtetMarkets Forex Brokerage have raised concerns regarding possible ruleviolations. We take regulatory compliance seriously to ensure fair andsecure trading for all our clients.We kindly request that you provide us with relevant documents related toyour trading methods and tools employed. This information will aid us inconducting a thorough investigation to ensure compliance with ourtrading policies and industry regulations.Thank you for your immediate attention to this matter.I don't document my strategy so I don't even understand, but this is a red flag for me. Luckily I have deposited only 500 USD, but I would not dare to transfer larger amount like 5-10K to a broker like this.They are not even willing to release my initial capital, so be careful with this broker.I hope it is not over yet.

BollinguerBand

United States

My recent experience with Otet Markets regarding a withdrawal has been profoundly disappointing. Despite being a diligent user, my withdrawal requests have been repeatedly rejected without any valid explanation. The lack of transparency and the prolonged delay—more than a week—has left me incredibly frustrated. As a customer, I believe in clear communication and efficient service, both of which were sorely lacking in this instance. I sincerely hope Otet Markets addresses this issue promptly, providing transparent explanations and resolving withdrawal rejections more efficiently. Improved customer service would greatly benefit the credibility of this platform.

LarryLarry

Russia

I traded hedged orders, with maximum risk, and had the risk of losing everything, but I managed to make more than nine thousand dollars, I held the trade for more than a minute, did not pip, but simply scalped using the MT5 tick chart, after that on Friday, October 6 I bet $200 for withdrawal, and wanted to transfer the rest to the Huobi crypto account that they have in their services. but they didn’t even withdraw 200 dollars, and asked me to send them my trading strategy, I sent them part of the strategy, not all of course, I’m not a fool to throw away my strategy from left to right, which I developed for years, and they stopped responding, created tickets, but There is still no answer, I wrote to them by email and there is no answer either, but the online chat responds with templates, please help me with an unscrupulous broker.

Nannay

Cyprus

Otet, huh? Getting my deposit out felt like pulling teeth, no fun at all! While their customer service can be pretty responsive, it didn't help much when I had serious issues. Left me wanting a whole lot more. 👎

Neutral

2024-04-26

Montmorency Schofield

New Zealand

The unregulated status got me second-guessing. It's like the wild west out here. And what's up with the lack of educational resources? I'm tryna learn and grow, but they ain't giving me much to work with. The website feels a bit sketchy, too – had trouble finding some crucial info. With all the uncertainties, I'm thinking twice before going all in. Gotta watch your back in this game, you feel me?

Neutral

2023-12-06

Aloysius Rockwell

South Africa

They offer a mix of trading options, from forex to crypto, and got different accounts to fit your style. You can choose between MetaTrader 5 and cTrader for your moves. Deposits and withdrawals? Covered with various options, including crypto vibes. But here's the real talk – they ain't playing by the rules, no regulation here. That's a red flag for some, you know? Plus, the deets on learning the game ain't clear, gotta hit them up for that. So, it's like a mixed bag – opportunities are there, but you gotta weigh the risks, fam.

Neutral

2023-12-05

adi2326

Iran

I want to share my 5-month experience of working with this broker. In my opinion, everything a trader needs to work with a reliable broker can be found in Otet. Things like fast deposits and withdrawals, 24-hour support, and various trading accounts that allow you to start trading with the smallest amount or even without commissions. I’m really satisfied and I think I’ve finally found my favorite broker.

Positive

2024-09-30

FX3561622157

Turkey

I’ve been working with this broker for a while now, and I’m very satisfied with their customer support. They’ve always been quick and effective in responding to any questions or issues I’ve had. I would recommend them to anyone looking for a reliable broker.

Positive

2024-08-23

FX1403271700

Turkey

Ayo, gotta give props to Otet Market—they straight-up fire. I’ve rolled with a bunch of brokers, but these homies are on another level. No cap, they keep it real—no bots, just real folks who get what’s good. Fast trades, hella solid support, and they ain’t on no sketchy business. For real, if you ain't rockin’ with Otet Market yet, you sleepin’. They’re the GOAT in the game, no doubt🌟

Positive

2024-08-20

FX2279496982

Turkey

Over the past three months with this broker, I started with a demo account and found it to be a valuable experience. The low spreads and fast order execution on my MetaTrader account have led to profitable trades, and overall, I’ve been very satisfied

Positive

2024-08-20

FX5392865592

Singapore

I've been using Otet Market for a while now, and I must say, I'm thoroughly impressed with their services. From seamless account setup to intuitive trading platforms, they've made my trading experience incredibly smooth. Their customer support team is always responsive and helpful whenever I have questions or concerns. Overall, I highly recommend Otet Market to anyone looking for a reliable broker with excellent services.

Positive

2024-06-07

FX2957316853

Singapore

Otet Market is a reliable broker that caters to the Arab community, offering robust support and assistance whenever needed. I appreciate their commitment to Arab nations and the attentive support team, making trading a smooth and enjoyable experience

Positive

2024-06-07

FX3561430512

Singapore

Partnering with otet is one of the best decision I made as an IB partner. They offer competitive commission, dedicated account manager that's very supportive, fast withdrawal. I really enjoy using otet

Positive

2024-06-07

FX3300140720

Canada

As an experienced trader, I have chosen to engage with Otet Markets as my preferred brokerage platform. This decision is primarily influenced by their competitive advantage in offering low spreads and minimal commissions, coupled with the provision of high-quality services.

Positive

2024-06-07

smart 9710

Italy

Very Unfair ratings here; I Hold an account with them for 9 months. Every time i contacted support, they are well trained, very polite and helpful. The platform is up and running on both my phone and MT5. [Excellent cross integration between MT5 and their website.] The bonus scheme seems straight forward. The Islamic account is the best Islamic account in the whole industry. Really well done Otet Market for it. You guys deserve 7 stars and keep up the good work!

Positive

2024-06-07

FX1475227903

Nigeria

trading crypto without issues, spreads are good. Withdrawals are quick via crypto. should add more crypto instruments for trading but overall good experience.

Positive

2024-06-07