OTX Forex Journal
| Journal status: live OTX Forex joined in | not yet |
OTX Forex Profile
Website
Year
2020
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
...
Broker type
MM, ECN marketing
Dealing book
B-book
Tier
3
Execution speed
0 ms
LPs total
0
LPs quality
none
LPs names
none
OTX Forex Accounts
MM
ECN
Minimum Deposit
100 $
1000 $
Leverage
500 : 1
200 : 1
Minimum Lot
0.01 lots
0.1 lots
EURUSD spread
1.5 pips
0 pips
Commission
0 $/lotRT
10 $/lotRT
Volume
...
...
Margin Call
...
...
Stop Out
...
...
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire
Base currency
USD
Segregated accounts
...
Interest on margin
no
Inactivity fee
after 3 months
| Update broker |
- Full listing profile: OTX Forex broker profile
Is OTX Forex safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSA SVG
- Publicly traded: no
- Segregated account: ...
- Guaranteed Stop Loss: no
- Negative Balance Protection: ...
Is OTX Forex trusted?
- Information transparency: sufficient
★★★ - Customer service: virtually non-existent
★ - OTX Forex website: semi-detailed, updated
★★★ - OTX Forex popularity (by visitor count): average
★★★
How OTX Forex works
2.2) The Company acts as a principal (counterparty) and acting as a main execution venue for the execution of the Client's Orders.
https://otxforex.com/order-execution-policy-pdf/
The concept of using trading strategies aimed at exploiting errors in prices and/or concluding trades at off-market prices and/or by taking advantage of internet delays (commonly known as "arbitrage", "sniping" or "scalping"...) cannot exist in a OTC market where the client is buying or selling directly from the principal; accordingly, we reserve the right, as out sole discretion, not to permit an abusive exploitation of Arbitrage on our Online Trading Facility and/or in connection with our services;
https://otxforex.com/client-agreement-pdf/
The OTX Forex ECN Account gives you direct access to the forex market and eliminates the traditional middleman in order to offer the lowest and tightest Spread.
https://otxforex.com/account-types/ecn/
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