Score
Oqtima
Seychelles|2-5 years| https://oqtima.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United StatesContact
Single Core
1G
40G
1M*ADSL
- The Seychelles FSA regulation with license number: SD109 is an offshore regulation. Please be aware of the risk!
Basic information
Seychelles
2-5 years Regulated in Cyprus Regulated in Seychelles Straight Through Processing(STP) Retail Forex License MT5 Full License Global Business Medium potential risk Offshore RegulatedAccount Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
oqtimalp.com
Server Location
United States
Website Domain Name
oqtimalp.com
Server IP
104.26.7.181
-
oqtima.eu
Server Location
United States
Website Domain Name
oqtima.eu
Server IP
104.21.30.10
-
oqtima.com
Server Location
United States
Website Domain Name
oqtima.com
Server IP
104.21.84.106
Company Summary
| Oqtima Review Summary | |
| Founded | 2020 |
| Registered Country/Region | Cyprus |
| Regulation | FSA & CYSEC |
| Market Instruments | ForexIndicesMetalsCryptocurrencyEnergiesStocksETF |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 0.0 pips |
| Trading Platform | MT4, MT5 |
| Min Deposit | $100 |
| Customer Support | Phone：+44 330 828 5704+248 4632034 |
| 24/5 service | |
| Physical Address: The Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebene, Republic of Mauritius. | |
| Email:support@oqtima.com | |
| Social Media: Viber, Messenger, WhatsApp, Telegram. | |
Oqtima Information
Established in 2020 and registered in Cyprus, Oqtima operates as a broker offshore regulated by the Seychelles Financial Services Authority (FSA), and regulated by the Cyprus Securities and Exchange Commission(CYSEC).
The company offers seven asset classes: forex, indices, metals, cryptocurrencies, stocks, ETFs, and energies. It also provides access to the MT4 and MT5 trading platforms and supports demo accounts.
Pros and Cons
| Pros | Cons |
| Support MT4 and MT5 | Commission charged on ECN accounts |
| Available demo accounts | |
| Spreads from 0 | |
| 24/5 service | |
| Commission starts at $0 | |
| Support Swap-free account |
Is Oqtima Legit?
Oqtima is under the offshore regulation of the Seychelles Financial Services Authority (FSA), holding License number SD109.
Oqtima is under the regulation of the Cyprus Securities and Exchange Commission(CYSEC), holding License number 406/21.
| Regulator | Regulatory Status | Licence Type | Licence Number |
| The Seychelles Financial Services Authority (FSA) | Offshore Regulated | Retail Forex License | SD109 |
| Cyprus Securities and Exchange Commission(CYSEC) | Regulated | Straight Through Processing(STP) | 406/21 |
What Can I Trade on Oqtima?
Oqtima provides access to more than 80 popular trading products including forex, indices, metals, cryptocurrencies, stocks, ETFs.
- Forex: Trade over 80 currency pairs with light execution speeds.
- Indices: OQtima has one of the largest ranges of CFD indices in the industry to trade long or short.Trade CFDs on indices and speculate on the performance of the various stock markets around the world now.
- Shares: With OQtima you can trade all the most sought after and hottest shares, long or short, with MT4.
- Metals: Trade Gold and Silver crosses with spreads starting from 0.0 pips.
- Cryptocurrencies: 45+ Crypto crosses to trade, instantly access top cryptocurrencies like Bitcoin and Ethereum. Trade pairs like BTC/USD, ETH/USD, LTC/USD, and more.
- ETF: Pick among 100 of the most widely traded ETFs now.
- Energies: Trade three types of energy commodities via CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Cryptocurrency | ✔ |
| Energies | ✔ |
| Shares | ✔ |
| ETF | ✔ |
| Stocks | ❌ |
Account Types
Oqtima offers two types of accounts: ECN Account, and ONE Account. It also offers demo accounts and Islamic accounts for traders.
The minimum deposit for an ECN account is $100, spreads start at 0 and commissions are $3. In contrast, the ONE account has a minimum deposit of $100 and is commission-free, with spreads starting at 1.
| OQtima ECN+ | OQtima ONE | |
| Spreads from | 0.0 pips | 1.0 pips |
| Comissions | $3.00 Per side traded | 0 |
| Min. deposit | $100 | $100 |
| Max. leverage | 1:1000 | 1:1000 |
| Hedging Allowed | ✔ | ✔ |
| EA and Scalpers welcome | ✔ | ✔ |
| Base Currencies | USD, EUR, JPY, GBP, CAD, CHF, SGD, ZAR | USD, EUR, JPY, GBP, CAD, CHF, SGD, ZAR |
| Funding Fees | $0 | $0 |
| Withdrawal Fees | $0 | $0 |
| Markets | 7 | 7 |
| Total Symbols | 300+ | 300+ |
To open an account, the user will be prompted to fill in personal information on this page, including name， country and password, email, and phone number.
Then press the ‘CONTINUE’ button to complete the account creation process.
Leverage
ECN Account, and ONE Account have a leverage of 1:1000. High leverage means high returns but also high risk.
Oqtima Fees
Oqtima's spread and commission structure differs across account types.
The ECN Account offers spreads starting from 0 and charges a commission of $3, while both the ONE Account have spreads starting from 1 but do not charge any commission.
Here is the specific spreads table of different trading assets:
| ECN+ Account | ONE Account | ||||
| Forex | Min | Avg | Min | Avg | |
| AUDUSD | 0 | 0.14 | 1 | 1.14 | |
| EURJPY | 0 | 0.8 | 1 | 1.8 | |
| EURUSD | 0 | 0.12 | 1 | 1.12 | |
| GBPCAD | 0 | 2.09 | 1 | 3.09 | |
| GBPJPY | 0 | 1.61 | 1 | 2.61 | |
| GBPUSD | 0 | 0.36 | 1 | 1.36 | |
| USDCHF | 0 | 0.6 | 1 | 1.6 | |
| NZDUSD | 0 | 0.4 | 1 | 1.4 | |
| Indices | USIDX | 0.02 | 0.03 (106.865/106.879) | 1.02 | 1.03 |
| US2000 | 0.08 | 0.30 (2364.03/2364.71) | 1.08 | 1.3 | |
| TW88 | 0.09 | 0.40 (1904.21/1904.54) | 1.09 | 1.4 | |
| VIX | 0.09 | 0.40 (14.74/14.81) | 1.09 | 1.1 | |
| NETH25 | 0.3 | 0.40 (889.33/889.7) | 1.3 | 1.4 | |
| FRA40 | 2 | 3.10 (7346/7350) | 3 | 4.1 | |
| UK100 | 2 | 2.6 | 3 | 3.6 | |
| Metals | XAGUSD | 0.2 | 1.05 | 1.2 | 2.05 |
| XAGEUR | 0.5 | 0.5 | 1.5 | 1.5 | |
| XAUEUR | 0.5 | 0.5 | 1.5 | 1.5 | |
| XAUUSD | 0.7 | 0.79 | 1.7 | 1.79 | |
| XPTUSD | 7.1 | 32.1 | 8.1 | 33.1 | |
| Cryptocurrency | DOGEUSD | 1.9 | 2.16 | 2.9 | 3.16 |
| MATUSD | 2.1 | 2.32 | 3.1 | 3.32 | |
| ADAUSD | 2.1 | 2.38 | 3.1 | 3.38 | |
| XRPUSD | 2.1 | 2.66 | 3.1 | 3.66 | |
| EOSUSD | 2.1 | 9.07 | 3.1 | 10.07 | |
| DOTUSD | 2.2 | 2.27 | 3.2 | 3.27 | |
| LNKUSD | 2.3 | 2.3 | 3.3 | 3.42 | |
Trading Platform
Oqtima offers MetaTrader 4 and MetaTrader 5 platforms.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Mobile and Tablet，Desktop，Webtrader | Professional traders andbeginners |
| MT5 | ✔ | Mobile and Tablet，Desktop，Webtrader | Professional traders andbeginners |
| Ctrader | ❌ |
Deposit & Withdrawal
Oqtima offers deposit and withdrawal methods including credit/debit cards, crypto funding, international bankwire, UK bankwire, local banking, STICPAY, PIX, and e-wallets. All deposit and withdrawal methods have no fees.
Minimum deposit: Oqtima offers $100 or the equivalent in any supported local currency for deposits.
DepositProcessing Time:
- Deposits via Credit/Debit Cards, Crypto Funding, STICPAY, PIX, E-Wallets, and UK Bankwire( If made within UK business days/hours)are processed instantly.
- Local Banking are processed 10 minutes if made within the bank's business days/hours.
- International Bankwire deposits take 3-5 business days to process.
Withdrawal Processing Time:
- Requests are processed within one business day.
| Deposit & Withdrawal Methods | Currencies Accepted | Min Deposit | Deposit Processing Time | Withdrawal Processing Time | Deposit & withdrawal Fees |
| Credit and Debit Cards | USD & EUR | $100 Or Equivalent In Wallet Currency | Instant | Within One Business Day | Zero |
| Crypto funding | USDT | $100 Or Equivalent In Wallet Currency | Instant | Within One Business Day | Zero |
| International Bankwire | USD, EUR, GBP, JPY, CAD, CHF, AUD, AED, HKD, PHP, NZD, ZAR | $100 Or Equivalent In Wallet Currency | 3-5 Business Days | Within One Business Day | Zero |
| UK Bankwire | GBP | $100 Or Equivalent In Wallet Currency | Instant, If Made Within UK Business Days/Hours | Within One Business Day | Zero |
| Local Banking | JPY, THB, MYR, IDR, VND, SGD, PHP | $100 Or Equivalent In Wallet Currency | 10 Minutes If Made Within The Bank's Business Days/Hours | Within One Business Day | Zero |
| STICPAY | CAD, GBP, JPY, USD | $100 Or Equivalent In Wallet Currency | Instant | Within One Business Day | Zero |
| PIX | BRL, USD | $100 Or Equivalent In Wallet Currency | Instant | Within One Business Day | Zero |
| E-Wallets | Local Currencies Accepted | $100 Or Equivalent In Wallet Currency | Instant | Within One Business Day | Zero |
Keywords
- 2-5 years
- Regulated in Cyprus
- Regulated in Seychelles
- Straight Through Processing(STP)
- Retail Forex License
- MT5 Full License
- Global Business
- Medium potential risk
- Offshore Regulated
Review 11
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Review 11
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Zafar ali1119
Pakistan
Dear all traders Its 2 months i still didn't received my profit. Please stay away from this broker and withdraw your funds else this broker will stole your profits. Its a scam broker and will blame you for making profit with wrong way and will be happy if you lose your funds. Admin take action against this broker and provide me Justice
Exposure
03-20
Zafar ali1119
Pakistan
Hi i am replying to my previous review. Its my email azafar46@yahoo.com. All victims of Oqtima Global broker please contact me we as group will take every legal action against this broker its regulation. When we do profit they told we are doing abuse trading but they don't do such claims when we loss. Another person Mr Farooq withdrawn 3000$ profit from this broker with same trading Strategy in Same Product. He did profit of 1538,782,543$ in pdd,tesla & docu respectively(screenshots attached). I am also giving to all these proofs to their regulations. They giving profit to one person but don't give to other person. Admin please approve my review so other traders knows. Also please help us to provide us justice in declaring this broker as fraud
Exposure
03-01
Zafar ali1119
Pakistan
Hi my name is zafar ali. My registered account at oqtima broker is azafar46@yahoo.com. Oqtima broker is a scammer broker. Here is my review about this Oqtima Global broker. when i deposit lost 600$ in US shares Trading before, they returned my remaining balance of 100$. And after few days When i deposit again 500$ and trade again in us share and I do profit 2920$ in Us share Snap trading so they made excuses for illegal trades and trying to eat my profit 2920$ Since from 15 days they tortured me by demanding different documents and i provided even my account was already fully verified. This proves that it is an scammer broker. My deposit is 500$ and profit is 2920$. All forex trader listen openly This broker will never give you your profit. Everyone reading this review please withdraw your funds from this scam broker. I am going to post everywhere with all evidence of videos and screenshot. I am also opening case against them in their regulations. Admin kindly declare this broker as scam and help me to recover my 3419$.on Trust pilot reviews website few other victum of this scammer company Oqtima Global. He also told me again and again about my trading strategy in their email. What consern of this company about my trading strategy. Is regulated broker doing this. they also blocked my mt4 account and access to my portal.
Exposure
02-21
Life Trader
Pakistan
THIS BROKER IS DOING SCAM WITH CLIENTS!!! WHENEVER THE CLIENT MAKE PROFIT THEY WILL TERMINATE YOUR ACCOUNT AND THEN THEY WILL NOT ALLOW TO WITHDRAW YOUR AMOUNT!!! THEY HAVE DECLINED MY WITHDRAWAL REQUEST MORE THAN FIVE TIMES AND THE REASON THEY PROVIDE IS AMOUNT EXCEEDS THE DEPOSIT AMOUNT BECAUSE THEY DON'T WANT TO GIVE PROFIT AND WANT TO SCAM CLIENTS. PLEASE STAY AWAY FROM THIS SACMMER BECAUSE YOU WILL BE NOT ALLOWED TO WITHDRAW WHEN YOU MAKE PROFIT!!!!!
Exposure
02-21
Life Trader
Pakistan
They have been declining my withdrawal request for more than two weeks and kept telling me that we will process your request. How ever now they have terminated my account because they don't want to allow me withdrawal Please stay away from them as i had made biggest mistake trusting them!!!!
Exposure
02-21
Yooper
United States
As a fresh member of the OQtima trading community, I must say, it’s been a smooth ride so far. The customer service is spot-on and hasn't disappointed yet. Any hitches in execution? None that I've noticed. And their competitive spreads offer a great edge. Special shout-out to their swap-free account option, great stuff! A simple deposit process with plenty of options makes things even easier. So, if you're on the hunt for a decent broker - I'd say give OQtima a chance.
Neutral
04-19
Pongtai
Vietnam
Having two oversight agencies really gives me a sense of security, and the diverse payment options make me feel at ease!
Positive
07-31
FX1675756694
Spain
I've been using Oqtima for several weeksnow, and I am incredibly impressed with the platform. Its transformed my trading experience, offering a user-friendly interface that makes managing my trades straightforward and efficient. Plus the customer support team at Oqtima is top. They are responsive and resolved my issue in a few hours.
Positive
07-18
Cancx
Vietnam
Pretty smooth. Love that I can start with just $20 and the spreads are super low. Very instant withdrawals and no fees for funding or pulling out money. Really makes trading straightforward and stress-free. 👍
Positive
06-04
Michael036
Malaysia
I have opened an account with them few months now , trading conditions are fair enough and no issues with requotes or delays until now. Their spreads are quite good as well especially for the ECN account type
Positive
2023-09-14
FX1307322270
United States
I've seen ads for this company online before, but I think their website is too colorful and makes my eyes tired. Also I didn't see many user reviews, which made me afraid to invest here.
Positive
2023-03-03