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Otet Markets vs MH Markets
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Otet Markets currently holds a lower overall rating (3.9) compared to MH Markets (4.6).
Otet Markets has a lower minimum deposit, at 25.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping, MAM/PAMM.
Traders should note that
both companies offer the same minimum (0.01) and maximum lot size (100.0).
Otet Markets offers a greater leverage limit of 1:3000, whereas MH Markets allows a maximum of only 1:2000.
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 ($) | 25.0 | 50.0 |
| Commission | 2.0 | 0.0 |
| 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 | 4 | 5 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 100.0 | 100.0 |
| Spread | Variable | Variable |
| Broker type | STP, ECN, NDD, Prime of Prime | STP, ECN, Cent |
| Maximal leverage (1:?) | 3000 | 2000 |
| Availability | STP, ECN, NDD, Prime of Prime | STP, ECN, Cent |
| Regulation | M.I.S.A. (Mwali), TCMI (Marshall) | ASIC (Australia), VFSC (Vanuatu), FSC (Mauritius), FINTRAC (Canada), CMA (UAE) |
| Trading Platforms | MetaTrader 5 (MT5), cTrader, Web Platform, Mobile Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, WebTrader MetaTrader 4, WebTrader |
| Funding/Withdrawal methods | Perfect Money, WebMoney, USDT | Wire Transfer, Credit Card, Debit Card, Perfect Money, Local Deposits, Crypto, USDT, Visa, Mastercard, cryptoPay, Epay |
| Account Currency | USD | USD |
| Languages | English, Arabic, Persian | English, Japanese, Russian, Chinese, Thai, Arabic, Vietnamese, Persian, Tagalog, Bahasa Malay, Bahasa Indonesia |
| Country | Saint Lucia | Mauritius |
| Trading platform(s) timezone | Montenegro, United Kingdom | United Arab Emirates, Australia, Cyprus, Mauritius, Vanuatu, Saint Vincent and the Grenadines |
| Other trading instruments | Stocks, Indices, Commodities, Energies, Shares, Cryptocurrency | Stocks, Options, Futures, Indices, Commodities, Energies, CFDs, Cryptocurrency, Forex |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
