NSFX vs OTSO Markets

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. That said, NSFX currently holds a lower overall rating (4) compared to OTSO Markets (5). NSFX has a higher minimum deposit than OTSO Markets, at 500.0. Both platforms offer their clients demo accounts. Traders should note that both companies offer the same minimum lot size 0.01, but NSFX has a maximum lot size of 1000000.0, while OTSO Markets offers 50.0. NSFX offers a lower maximum leverage of 1:100, whereas OTSO Markets allows trading with up to 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
Overall Rating: Platform: Pricing: Customer service: Features:
4/5 (2 reviews)
4/5
3/5
5/5
4/5
5/5 (1 reviews)
5/5
5/5
5/5
5/5
Minimum deposit ($) 500.0 20.0
Commission 0.05 -
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals 5 5
Minimum lot size 0.01 0.01
Maximum lot size 1000000.0 50.0
Spread Variable Variable
Broker type ECN ECN
Maximal leverage (1:?) 100 1000
Availability ECN ECN
Regulation FCA (UK), BaFIN (Germany), MFSA (Malta), AMF (France), CONSOB (Italy) FSCA (South Africa)
Trading Platforms MetaTrader 5 (MT5) MetaTrader 4 (MT4)
Funding/Withdrawal methods Wire Transfer, Credit Card Wire Transfer, Crypto
Account Currency USD, GBP, EUR, CHF, JPY, NZD USD, THB, VND, USDT
Languages English, Spanish, French, German, Portuguese, Italian, Polish English, Chinese, Indonesian, Thai, Vietnamese
Country Malta South Africa
Trading platform(s) timezone Malta South Africa
Other trading instruments Stocks, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals -
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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