TradeOTC

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TradeOTC calls itself a company that strives for excellence, transparency, and innovation. Based on the age of the website, the broker has been operating since September 2023. The office address of the company is unknown, however, we know that the project was registered in St. Vincent and the Grenadines. The company has not obtained any licenses for brokerage activities. Do you think this place can be considered reliable enough for trading?

Trading Conditions

The minimum deposit to collaborate with TradeOTC is $2,500. The broker offers 6 types of accounts — Bronze, Silver, Gold, Platinum, Premium, and Diamond. The leverage can reach 1:500, and the swap discount can be up to 75%. Clients will have educational sessions and the opportunity to communicate with a client manager. It is possible to trade CFDs on:

  • Currencies.
  • Cryptocurrencies.
  • Equities.
  • Indices.
  • Metals.
  • Commodities.

Technical support is available 24/5, but premium and diamond account holders can expect communication with employees on weekends via WhatsApp. To register, you will need to agree to the documents and go through the verification process.

FAQ

Would investing in TradeOTC offer the best returns?

No, it is difficult to describe this company as reliable because it offers trading CFDs on assets.

Does TradeOTC carry out withdrawals?

There is little information and reviews about the project, so we cannot draw any conclusions. If you have collaborated with the broker, please share your experience with us.

May I be scammed on tradeotc.io?

Yes, the risk of fraud is high as it is a newly registered domain of an offshore company.

What's the best way to share my experience with TradeOTC?

Fill out the form and we'll make sure your voice is heard.

How can I tell if tradeotc.io is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: Offshore
License: No license
Leverage: 1:500
Broker type: DD
Demo account: No
Affiliate program: Not indicated
Minimum deposit: 2500$
Trading platform: WebTrader
Assets: Forex, CFD

16 reviews about TradeOTC

  1. bibi
    November 27
    absolutely useless project
    Investing in tradeotc has been the most pointless waste of money recently. There is absolutely no quality education here, everything they talk about I already knew. They promised to turn me into a professional trader. I should be more careful when vetting companies before partnering with them.
  2. Micke
    November 26
    Some shady fraudsters with an unfinished website
    If there are so many good brokers, why would anyone trade with unknown ones like TradeOTC? They have no information about their management or trading statistics on their website. It's unclear who even created this mess...and how can we trust them at all? Personally, I think it's pointless. And the minimum deposit here is quite high, I wouldn't risk my money.
  3. bitfund
    November 25
    This is the most blatant scam
    I used the services of TradeOTC broker and was disappointed. In general, I was satisfied with their services, but recently I faced a problem withdrawing money. I tried to withdraw funds from my account, but the application was rejected.
    I contacted their support to find out the reason, and they said that I should deposit more funds to make a transaction on their platform right now. I was very surprised because I do not consider this a reason not to withdraw money. I said that I could not top up the balance now, and they said that the application would be completed soon, although they emphasized several times that I was making a mistake and missing out on a great profit. However, they continued to ignore me. I tried to find out what was going on, but they couldn't help me. In the end, I don't know how to return my money now. Their activities are not regulated by any regulator, no one can influence them.
  4. Boo
    November 15
    This company is full of scammers and thieves
    TradeOtc should be in jail instead of getting rich at the expense of ordinary people! I sincerely hope that they will be blocked very soon, and that the creators of this company will face serious consequences. They won't be able to get away with it…
  5. abbat
    November 5
    People are deceiving others, be careful!
    They deceived me, and tricked me out of 3000 dollars! If I had known that they were not a broker but a scammer, I would have hung up immediately and not bothered registering here…
  6. Wertix
    November 3
    Not a bad broker
    I'm glad I'm trading with them. I haven't noticed any problems so far. The most important thing is that my funds are safe with them, and I'm sure of that. They explain very thoroughly how they protect my money.
  7. nbs21
    October 27
    These are just regular phone scammers
    TradeOTC is actively targeting unsuspecting users... They simply purchase phone number databases, make calls, and offer their services to people. Remember, if a broker operates this way, they are scammers. Legitimate companies seek clients differently. If you ask them uncomfortable questions about their license, they will immediately avoid answering, even though their FAQ claims that the company is supposedly regulated. But no one will provide documents to a company that doesn't disclose its real address and offers trading with a leverage of 1:500.
  8. lexa
    October 24
    They will find a way to deceive you, believe me
    Do you think TradeOTC will actually pay you huge amounts of money and help you get rich? I'm sorry to disappoint you, but that won't happen. Scammers like them have many ways to deceive their clients. Most often, they simply drain your trades and artificially reduce the amount in your account. Sometimes they may just block your profile, citing a violation of rules that never actually occurred. If you try to withdraw money, they will simply ignore your request at best, and at worst, ask you to deposit more funds, claiming it's necessary for a profitable trade.

    And even if none of this happens, what guarantees that TradeOTC won't shut down tomorrow and disappear with your money? There are none. They are registered offshore, without a license. They have nothing to lose.
  9. Irek Nur
    October 24
    I didn't like working with them
    TradeOTC is always making mistakes and their customer support doesn't even acknowledge them. That's not normal.
  10. relog
    October 19
    The platform is a mess…
    I used the services of TradeOTC broker and recently I faced a problem with their platform. The terminal became very slow and unstable…
    I often encountered errors that prevented me from making transactions. I contacted their support to report the problem, but they couldn't fix it. They said they were working on the flaws, but I didn't see any changes. They probably don't care about their customers.
  11. delfinzen
    October 18
    Their service is terrible
    TradeOTC doesn't care about people at all. At first, they seemed polite, kind, and competent. They helped me with registration, balance replenishment, and verification. But once everything was ready, I started having problems. I traded as they advised, but all my trades were losing. The manager didn't comment on this situation at all. Instead, he said that losses were normal and continued giving advice that led to more losses. And they promised me good profits...
    By the way, the educational materials didn't help much either. I watched their video tutorials and still didn't understand what to do to trade positively. Overall, I consider this experience negative and worthless.
  12. Ego
    October 16
    I also had an encounter with them
    They deceived my parents! They convinced them that they would earn well here, but in the end, they refused to stay in touch and withdraw the money. This amount was important to them. How shameful is it to prey on such vulnerable segments of the population?
  13. Serg
    October 10
    The trading platform is terrible
    TradeOtc doesn't say a word about the platform they offer for trading. It's probably because they have a disgusting terminal. It's really slow, and it feels like all the quotes there are made up. The price difference for the most popular currencies here and in other terminals is just huge... It's obvious that this software is being manipulated.
  14. olla
    October 4
    Good broker, no problems
    I like everything at tradeotc, there are no difficulties in trading. Of course, there are a couple of minor drawbacks for me, for example, there is no demo account and the deposit is too high, but overall it's relatively good.
  15. Sammuel
    September 26
    I'm disappointed…
    First of all, TradeOTC's trading fees are pretty high. Second, their customer service is terrible. I've tried to contact their support a few times to get help, and each time I had to wait for hours before someone answered. That's really inconvenient when you need help right away.
  16. Elena
    September 26
    It's a great platform
    I love everything about it. TradeOTC offers a wide selection of assets, responsive customer support, and high-quality education. I've been trading here for a short time, and I'm really happy with how it's going. I haven't had any issues with withdrawals either; everything arrives in my account quickly.

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