⭐ 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
х US
Broker type
MM, ECN marketing
Dealing book
B-book
Execution model
DD
Licensed as
Unlicensed
Operating as
Principal
Tier
3
Execution speed
1 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
1.2 pips
Commission
0 $/lotRT
10 $/lotRT
Volume
Unlimited
Unlimited
Margin Call
100 %
100 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire
Base currency
USD
Segregated accounts
no
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: no
- 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
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/
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/
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