OTSO Markets vs OQtima

Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that. Both brokers have the same overall rating, 5. OTSO Markets has a lower minimum deposit, at 20.0. Both platforms offer their clients bonuses, demo accounts. Traders should note that both companies offer the same minimum lot size 0.01, but OTSO Markets has a maximum lot size of 50.0, while OQtima offers 80.0. Each broker offers an equal maximum leverage of 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:
5/5 (1 reviews)
5/5
5/5
5/5
5/5
5/5 (4 reviews)
5/5
5/5
5/5
5/5
Minimum deposit ($) 20.0 100.0
Commission - 1.0
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 5
Minimum lot size 0.01 0.01
Maximum lot size 50.0 80.0
Spread Variable Fixed, Variable
Broker type ECN STP, ECN, DMA
Maximal leverage (1:?) 1000 1000
Availability ECN STP, ECN, DMA
Regulation FSCA (South Africa) FSA (Seychelles), CySEC (Cyprus)
Trading Platforms MetaTrader 4 (MT4) MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Funding/Withdrawal methods Wire Transfer, Crypto Credit Card, Debit Card, Neteller, Skrill, Internal transfer, Local Deposits, Bitcoin, Broker to Broker, Multiple local methods, Sticpay, SEPA, Crypto, Pix, USDT, QR & Vouchers, Visa, Mastercard
Account Currency USD, THB, VND, USDT USD, GBP, EUR, CHF, JPY, CAD, SGD, ZAR
Languages English, Chinese, Indonesian, Thai, Vietnamese English, Spanish, French, Portuguese, Japanese, Thai
Country South Africa Cyprus
Trading platform(s) timezone South Africa Seychelles
Other trading instruments - -
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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