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Otet Markets Review: Is It Legit and Regulated?

Otet Group LTD

KM Operating period unverified

AKA Otet Group

FindMyFX score

critical risk

2.8/10

0 Score out of 10 10

Independent assessment Updated 2026-08-08

Contact & regulation

Official website: otetmarkets.com
Address: Not verified
Contact: [email protected]
Primary license: MISA · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Otet Markets legit and regulated?

FindMyFX has license records for Otet Markets, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Otet Markets is an online forex and CFD broker operated through Otet Group entities in the Comoros Union and Saint Lucia. Its official site lists MT5, cTrader, multiple account types, and crypto and card funding methods.

Professional broker overview

FindMyFX editorial summary

Otet Markets identifies Otet Group LTD in Mwali, Comoros, as the licensed brokerage entity and also discloses a Saint Lucia company. The broker publishes account terms with a $25 entry level, leverage up to 1:1000, and MT5 and cTrader access. Its own site states that the separate FinCEN MSB registration is not a brokerage or investment licence, and the reviewed evidence did not independently confirm the Mwali licence in an official regulator register.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: Licence and company details were taken from Otet's official website. The Mwali licence was not independently verified in an inspectable regulator register during this review.

Operational status: active
Broker type: unknown
Execution model: Execution-only forex and CFD brokerage under the client agreement.
Support hours: Not verified

Support languages: English

Documented advantages

MT5 and cTrader are both listed on the official platform page.
A swap-free account is available with a $25 minimum deposit.
The official site publishes method-specific payment timing and fees.

Documented limitations

Services are not available to residents of Türkiye, Canada, or the United States.
The broker explicitly states that its FinCEN MSB registration is not a brokerage or investment licence.
Card fee information differs between the dedicated card terms and the broader payment table.

100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

2 entities

Otet Group LTD

Primary

KM HY00523012

Otet Group Ltd.

LC 2023-00595

Top Floor Rodney Court Building, Rodney Bay, Gros-Islet, Saint Lucia, LC01 401

Trading access

Account types

Available account structures and their current verification state.

1 account

No Swap

unverified

Deposit: USD 25.00
Leverage: 1:1000

USD 5 per lot

Spread: From 0.50 pips
Base currencies: Not shown
Margin call / stop-out: —% / —%
Demo / Islamic: Unknown / Yes
Balance protection: Unknown
Last verified: Not verified

Markets and instruments

Commodities

unverified

Cryptocurrencies

unverified

Energy

unverified

Forex

unverified

Futures

unverified

Indices

unverified

Stocks

unverified