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STP Trading vs Otet Markets
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, STP Trading currently holds a stronger overall rating (4.6) than Otet Markets (3.9).
STP Trading has a lower minimum deposit, at 10.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping.
Traders should note that
both companies offer the same minimum lot size 0.01, but STP Trading has a maximum lot size of 20.0, while Otet Markets offers 100.0.
STP Trading offers a lower maximum leverage of 1:300, whereas Otet Markets allows trading with up to 1:3000.
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.
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.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 10.0 | 25.0 |
| Commission | - | 2.0 |
| 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 | 4 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 20.0 | 100.0 |
| Spread | Fixed, Variable | Variable |
| Broker type | STP, NDD | STP, ECN, NDD, Prime of Prime |
| Maximal leverage (1:?) | 300 | 3000 |
| Availability | STP, NDD | STP, ECN, NDD, Prime of Prime |
| Regulation | - | M.I.S.A. (Mwali), TCMI (Marshall) |
| Trading Platforms | MetaTrader 5 (MT5) | MetaTrader 5 (MT5), cTrader, Web Platform, Mobile Platform |
| Funding/Withdrawal methods | Credit Card, Debit Card, Crypto, USDT, Mastercard | Perfect Money, WebMoney, USDT |
| Account Currency | USD | USD |
| Languages | English, Russian, Arabic, Urdu, Farsi, Turkish | English, Arabic, Persian |
| Country | Saint Lucia | Saint Lucia |
| Trading platform(s) timezone | United Arab Emirates, Afghanistan, Iraq, Russia, Turkey | Montenegro, United Kingdom |
| Other trading instruments | - | Stocks, Indices, Commodities, Energies, Shares, Cryptocurrency |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
