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Prime OTP -

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/10

Prime OTP

Item: Prime OTP
Rating: 1.09

Mauritius|Within 1 year|

Suspicious Scope of Business|High potential risk|

https://www.primeotp.com/

Website

Open Account Time Machine

Rating Index

Contact

+971 42254643

support@primeotp.com

https://www.primeotp.com/

3 rd Floor, Standard Chartered Tower, CyberCity, Ebene 72201, Republic of Mauritius

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!

Previous Detection : 2024-12-05

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Prime OTP · WikiFX Survey

Benchmark	--
Maximum Leverage	--
Minimum Deposit	--
Minimum Spread	from 0.2
Products	--

Currency	--
Minimum Position	--
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	$7

Benchmark	--
Maximum Leverage	--
Minimum Deposit	--
Minimum Spread	from 1.3
Products	--

Currency	--
Minimum Position	--
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	--

Platform Capital Ratio

--%

-- --

100%

--%

100%

Fundamental Item(A)
Total Supplementary Items(B)
Debt Amount(C)
Non-Fixed Capital(A)+(B)-(C)=(D)
Relative amount of risk(E)
Market Risk
Transaction Risk
Underlying Risk

Capital
$(USD)

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Prime OTP · Company Summary

Prime OTPReview Summary
Founded	2024-01-12
Registered Country/Region	Mauritius
Regulation	Unregulated
Market Instruments	Forex/Commodities/Indices/Shares/Metals/CFDs
Demo Account	❌
Leverage	Up to 1:500
Spread	From 0.2 pips
Trading Platform	MT5 (Windows/Mac/Android/iOS)
Min Deposit	$100
Customer Support	Email: info@primeotp.com
	Online chat
	Social Media: Facebook, Instagram, Telegram, LinkedIn, YouTube, Twitter

Prime OTP Information

Registered in Mauritius, Prime OTP is an unregulated forex broker offering forex trading instruments. The broker also provides a standard and raw account. The minimum spread is from 0.2 pips and the minimum deposit is $100. Traders can access the MetaTrader 5 platforms with 24/5 customer support. Customer support is available via email, Facebook, Instagram, Twitter, LinkedIn, YouTube, and Telegram. Prime OTP Ltd is still risky due to its unregulated status.

Pros and Cons

Pros	Cons
24/5 customer support	Unregulated
Accessible official website	No 24/7 customer support
MT5 available	Demo account unavailable
Leverage up to 1:500

Is Prime OTP Legit?

Prime OTP is not regulated, even though it claims to be regulated by the Financial Services Commission(FSC). However, an unregulated broker is not as safe as a regulated one.

What Can I Trade on Prime OTP?

Traders can choose different investment directions because the broker provides traders access to forex, commodities, indices, shares, metals, and CFDs.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Shares	✔
Indices	✔
CFDs	✔
Metals	✔
Cryptocurrencies	❌
Stocks	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

Prime OTP has two account types: Standard account and Raw account. Traders who want to have both low spreads can choose to open a raw account.

Account Type	Standard	Raw
Spreads	From 1.3 pips	From 0.2 pips
Commission	No commission	$7

Prime OTP Fees

The spread of the standard account isfrom 1.3 pips, and the spread of the raw account is from 0.2 pips. The commission of the standard account is 0, and the commission of the raw account is $7. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:500meaning that profits and losses are magnified 500 times.

Trading Platform

Prime OTP cooperates with the authoritative MT5 trading platform available in Windows, Mac, Android, and iOS versions. Traders with rich experience are more suitable for using MT5.

Trading Platform	Supported	Available Devices
MT5	✔	Windows/Mac/Android/iOS

Deposit and Withdrawal

The minimum deposit is $100. Deposit and withdrawal methods include USDT TRC20, Skrill, Neteller, WebMoney, Local Transfer, and Bank Transfer.

Broker Information

Company Name

Prime OTP Ltd

Abbreviation

Prime OTP

Regulatory Status

No Regulation

Platform registered country and region

Mauritius

Company website

https://www.primeotp.com/

Phone of the company

+971 42254643

https://x.com/FXOTPLTD

Facebook

https://www.facebook.com/fxotp/

Instagram

https://www.instagram.com/fxotpltd/

YouTube

https://www.youtube.com/channel/UC56ls5gZsD_4XEq41632P7Q

Company address

3 rd Floor, Standard Chartered Tower, CyberCity, Ebene 72201, Republic of Mauritius
3 rd Floor, Standard Chartered Tower, CyberCity, Ebene 72201, Republic of Mauritius

https://www.linkedin.com/company/fxotpltd/

WeChat

Customer Service Email Address

support@primeotp.com

Company Summary

Review

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