Accounts
Sections ↑Otet Markets publishes seven CFD account variations, including MT5 and cTrader, copying and promotional accounts. The current Festival minimum is USD 25, while Otet Plus varies by campaign. Newly opened accounts start with a maximum leverage of 1:200; an increase requires a support request after a trading period.[2]
At a glance01
Accounts
| Item | Published terms and scope |
|---|---|
| ECN MT5 | USD 25 minimum; spread from 0.4 pip; commission USD 5 per lotSource 2Source 1 |
| ECN+ MT5 | USD 5,000 minimum; from 0.0 pip; USD 4 per lotSource 2Source 1 |
| No Swap MT5 | USD 25 minimum; from 0.5 pip; USD 5 per lot; 14-night exemptionSource 2Source 1 |
| Social Trade MT5 | USD 100 minimum; from 0.0 pip; USD 4 per lotSource 2Source 1 |
| cTrader | USD 25 minimum; floating/minimal spread and commission, unspecified amountsSource 2Source 1 |
| Festival | USD 25; spread from 0.5 pips; USD 7.50 per lot; swap-free for up to 14 nights.Source 2 |
| Otet Plus | Variable deposit by active plan; spread from 0.4 pips; USD 7.50 per lot.Source 2 |
| Leverage activation | Advertised range 1:20–1:1,000; new accounts start at a maximum of 1:200. Higher leverage requires a later support ticket.Source 2 |
Markets
Sections ↑At a glance02
Markets
| Item | Published terms and scope |
|---|---|
| Forex derivatives | Major/minor currency pairs with advertised upper leverage 1:1000Source 2Source 1 |
| Stock CFDs | Equity price exposure with example leverage ceiling 1:10Source 2Source 1 |
| Crypto CFDs | Published crypto leverage 1:2; certain symbols trade at weekends.Source 2 |
| Metals | Gold and other bullion CFDs; ounce-per-contract and overnight rules differSource 2Source 1 |
| Energy commodities | Oil-related derivatives with trading sessions and rolloversSource 2Source 1 |
| Indices | Major global benchmark CFDs; distinct from direct securities ownershipSource 2Source 1 |
| Trading symbol inventory | Final visibility depends on platform/account and customer locationSource 2Source 1 |
Trading costs
Sections ↑At a glance03
Trading costs
| Item | Published terms and scope |
|---|---|
| ECN published commission | USD 5 per lot; billing side not explicit in account comparisonSource 2Source 7Source 8 |
| ECN+ | USD 4 per lot; spread from 0.0 pipSource 2Source 7Source 8 |
| Social Trade | USD 4 per lot; copying or manager terms may add other chargesSource 2Source 7Source 8 |
| Festival / Otet Plus | USD 7.50 per lot, with campaign conditionsSource 2Source 7Source 8 |
| ECN example spread component | 0.4 pip × USD 10 per pip = USD 4 for 1-lot EUR/USD at quoted floorSource 2Source 7Source 8 |
| Limited swap relief | No Swap and Festival both advertise up to 14 nights without swaps. The account table does not specify the subsequent instrument-level tariff.Source 2 |
| Payment costs | Card deposit 4.9%, card withdrawal 3%; network charges on crypto withdrawals are separateSource 2Source 7Source 8 |
Platforms and trading rules
Sections ↑At a glance04
Platforms and trading rules
| Item | Published terms and scope |
|---|---|
| cTrader | 100% margin call and 40% stop-out.Source 2 |
| ECN+ and Social Trade | 80% margin call and 45% stop-out.Source 2 |
| ECN, No Swap, Festival and Otet Plus | 80% margin call and 50% stop-out.Source 2 |
| Security controls | Client portal offers two-factor authentication for login/withdrawals and an email anti-phishing code.Source 2 |
Funding and withdrawals
Sections ↑At a glance05
Funding and withdrawals
| Item | Published terms and scope |
|---|---|
| Wallet funding threshold | USD 5; differs from opening a USD 25 live trading accountSource 2Source 7Source 8Source 1 |
| Account initial deposit | ECN/No Swap/cTrader from USD 25; ECN+ USD 5,000Source 2Source 7Source 8Source 1 |
| Visa/Mastercard deposit | 4.9% payment charge where card funding is enabled; 24-hour processing estimateSource 2Source 7Source 8Source 1 |
| Crypto deposit | Supported stablecoin and Bitcoin rails show no broker-side deposit feeSource 2Source 7Source 8Source 1 |
| Visa/Mastercard withdrawal | 3% fee in live method table; up to 72 hours for card payoutsSource 2Source 7Source 8Source 1 |
| Crypto withdrawal | Broker fee zero; BEP20 USD 1, TRON USD 3, Ethereum USD 4, Bitcoin USD 6 network chargeSource 2Source 7Source 8Source 1 |
| Withdrawal limits | USD 5 minimum, USD 10,000 daily limit published; case-specific verification may applySource 2Source 7Source 8Source 1 |
| Wallet review and settlement | Three-hour advertised average; 24-hour maximum review; bank/card rails may take longerSource 2Source 7Source 8Source 1 |
| Country and bank restrictions | Card services unavailable in specified places; cash bank transfers not offeredSource 2Source 7Source 8Source 1 |
| Contradictory headline | Marketing claims no withdrawal broker fees even though the card tariff lists 3%Source 2Source 7Source 8Source 1 |
| Weekend/holiday requests | Withdrawal confirmation is deferred to the next business day. Published average/review times are not a weekend settlement promise.Source 8 |
Legal entities and protection
Sections ↑At a glance06
Legal entities and protection
| Item | Published terms and scope |
|---|---|
| Published company | Otet Group LtdSource 1Source 5 |
| Saint Lucia identifier | IBC registration 2023-00595; corporate registration onlySource 1Source 5 |
| Regulated investment dealer | Current financial regulator authorisation not independently establishedSource 1Source 5 |
| Marketing structure | English site says it is IB Master representative; independent promotionSource 1Source 5 |
| Financial advice | Broker footer describes execution-only servicesSource 1Source 5 |
Support
Sections ↑At a glance07
Support
| Item | Published terms and scope |
|---|---|
| General help | Published online support and email routingSource 1Source 4Source 2 |
| Published telephone | +44 7447 450 780; not response-testedSource 1Source 4Source 2 |
| Published email | [email protected]Source 1Source 4Source 2 |
| Marketing office | Bečići, Budva, Montenegro in website footerSource 1Source 4Source 2 |
| Support hours | Company account page advertises 24/7 support; no response-time test was performed.Source 2 |
Additional services
Sections ↑At a glance08
Additional services
| Item | Published terms and scope |
|---|---|
| Promotional-account inconsistency | Festival is described as providing campaign access, while the Otet Plus card calls itself the sole eligible account for campaigns/incentives. Eligibility for a particular promotion is unresolved by the account page.Source 2 |
| VPS | Promoted as tool; eligibility/uptime not independently testedSource 2Source 1 |
Company and regional scope
Sections ↑At a glance09
Company and regional scope
| Item | Published terms and scope |
|---|---|
| Registered address | Top Floor, Rodney Court Building, Rodney Bay, Gros-Islet, Saint Lucia, LC01, according to the company footer.Source 2 |
| Specified exclusions | United States, Canada and Türkiye, among others under local restrictionsSource 1Source 3Source 2 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Otet Group Ltd
Saint LuciaSource 1
No separate licence entry is recorded in this panel.
Sources & further reading
- Current Otet Markets trading portal and legal footer Otet Markets · Accessed 22 Oct 2026
- Detailed seven-account table and terms Otet Markets · Accessed 29 Oct 2026
- Company overview and registration Otet Markets · Accessed 22 Oct 2026
- Public contact and support directory Otet Markets · Accessed 22 Oct 2026
- Published terms and brokerage disclosures Otet Markets · Accessed 22 Oct 2026
- MetaTrader and cTrader platform menu Otet Markets · Accessed 22 Oct 2026
- Primary current crypto and bank-card deposit tariff; funding thresholds and exclusions Otet Markets · Accessed 22 Oct 2026
- Primary current withdrawal fees, blockchain network charges, limits and payment times Otet Markets · Accessed 29 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.