Mwali International Services Authority — Comoros
Otet Group LTD
Licence
OtetMarkets Review — Overview
Regulation
Offshore regulated
Licence
MISA
Licence status
Active
Platforms
MetaTrader 5 (MT5), cTrader
Instruments
Forex, metals, energy, stocks
Typical spread
Floating, not specified
Operating
Est. 2023
Main market
US
Entity
Otet Group LTD
Website
otetmarkets.com · Online
OtetMarkets is a forex & CFD broker based in United Kingdom, established in 2023. On Trust Broker Hub it holds a Trust Score of 4.6 out of 10, which we rate as Fair — below the 4.9/10 average for brokers that hold a verified licence. Mixed profile — check regulation and conditions before depositing.
OtetMarkets's licence comes from an offshore jurisdiction (MISA). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
OtetMarkets provides access to Forex, metals, energy, stocks. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, OtetMarkets has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?
Weighted total
5.77
Data completeness
6 of 10 facts verified
60% ×0.80
Trust Score
4.6 / 10
Trust Score history
OtetMarkets currently scores 4.6/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a MISA licence
- No unresolved complaints on record
- Live website and reachable support channels
Cons
- Offshore-only regulation with weaker investor protection
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
MetaQuotes registry
Otet Group Ltd. MT5 server: OtetGroup
- Registration number
- 2023-00595
- Registered address
- Top Floor, Rodney Court Building, Rodney Bay, Gros-Islet, Saint Lucia
- Offices
- Montenegro
- Status (per MetaQuotes)
- Non-regulated
- Website
- www.otetmarkets.com
- support@otetmarkets.com
- Abuse reports
- abuse@otetmarkets.com
- Phone
- +382 68175482
Company details come from the broker's listing in MetaQuotes' MetaTrader 5 directory. A MetaQuotes listing is not a regulatory licence; see the Regulation section above for verified licences.
Trading conditions
| Instruments | Forex, metals, energy, stocks, index trading services |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Floating, not specified |
| Platforms | MetaTrader 5 (MT5), cTrader |
| Demo account | ✔ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on OtetMarkets
Our analysis · editorial
4.6/10
A mixed risk profile
OtetMarkets is regulated in an offshore jurisdiction (MISA), which offers lighter oversight than tier-1 regimes. Based in United Kingdom, it has been operating for about 3 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 4.6/10 — a mixed profile.
Strengths
- No complaints on record with us
- Supports MetaTrader 5 (MT5) & cTrader trading
Watch-outs
- Regulated only in an offshore jurisdiction — weaker investor protection
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
OtetMarkets — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag OtetMarkets here if that changes.
Full specifications
Regulated region
United Kingdom
Operating period
2-5 years
Main market
US
Instruments
Forex, metals, energy, stocks, index trading services
Year founded
2023
Frequently asked
Is OtetMarkets a safe broker?
OtetMarkets scores 4.6 / 10 on our Trust Score, below the 4.9 average for brokers that hold a verified licence. It is only offshore-regulated, which means weaker protection. It has no complaints on record with us, though that is not proof of good conduct. Trade only with funds you can afford to lose.
What is the OtetMarkets MT5 server name?
OtetMarkets is listed in the MetaQuotes MetaTrader 5 directory under the server name "OtetGroup". In MetaTrader 5, add an account and search for that name, then choose the exact server shown in your account details from the broker. Read our methodology.
Is OtetMarkets regulated?
MetaQuotes lists Otet Group Ltd. with the status "Non-regulated". That is the broker's own declaration to MetaQuotes, not a licence we have checked. We have verified a licence with MISA.
How is the OtetMarkets trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from OtetMarkets?
OtetMarkets doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.