Weltrade vs Otet Markets

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, Weltrade currently holds a stronger overall rating (4.5) than Otet Markets (3.9).
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:
4.5/5 (18 reviews)
4.6/5
4.5/5
4.6/5
4.5/5
3.9/5 (9 reviews)
4.2/5
3.8/5
4/5
3.8/5
Minimum deposit ($) - 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
Maximum lot size - 100.0
Spread - Variable
Broker type - STP, ECN, NDD, Prime of Prime
Maximal leverage (1:?) - 3000
Availability - STP, ECN, NDD, Prime of Prime
Regulation - M.I.S.A. (Mwali), TCMI (Marshall)
Trading Platforms - MetaTrader 5 (MT5), cTrader, Web Platform, Mobile Platform
Funding/Withdrawal methods - Perfect Money, WebMoney, USDT
Account Currency - USD
Languages - English, Arabic, Persian
Country Aruba Saint Lucia
Trading platform(s) timezone - Montenegro, United Kingdom
Other trading instruments - Stocks, Indices, Commodities, Energies, Shares, Cryptocurrency
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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