Analysis on Otto Forex
➡️ In this section we will analyze Otto Forex (also called with the name: ottofxtrading.com), It's about a Forex, Cryptocurrency and CFD broker. Is Otto Forex really recommended to make an investment? Is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it. ✅
Now, you can find the following: opinions about Otto Forex ✅, claims, complaints, experiences, analysis of the most important characteristics of this company (updated 2022), and most importantly: Is Otto Forex a safe site? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.
️️ Essential information: Who does it belong to? Where is located? Is it a regulated broker?
- ❌ Otto Forex mentions being part of Otto Forex Global Limited.
- ❌ Regarding your location, the company does not mention where it is based.
- ❌ If we analyze your security, we note that Otto Forex does not mention any regulation.
⚠ ATTENTION: Otto Forex is a broker NOT REGULATED. ⚠
📌 Remember: the best option (and the safest) are the regulated brokers, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌
Account types | Investment platform
Now we go on to analyze the types of account offered by Otto Forex, in this case, we note that it does not offer account types:
La platform to operate that Otto Forex uses is: MT5.
Resources | Website
Here we will examine the different resources and aids for the trader that Otto Forex provides on its website. We believe that the resources and help provided on the website can be a great advantage for the broker.
Otto Forex provides the following help or resources to traders or interested parties: an explanation of the services it offers, market analysis, personal experiences, FAQ section, not much else.
ℹ Another Mavenir's customer information about Otto Forex ℹ
🔻 We will leave you some more information in case you want to contact the company, or see its website for yourself. 🔻
- 🌏 Website: ottofxtrading.com | ottoforex.com
- 📞 Telephone number: does not have
- 📧 Email: contact from the website
Maybe you wonder why we review Otto Forex. We make this review and assessment, because we receive different messages and comments asking for the reliability of the company in question. We like to think that our reviews page help investors, providing key information about the company, we disclose information that every investor should know before you are inclined or not, by investing with a company of investment.
You're a representative of this company? We recommend you leave a comment responding to customer concerns.
Valuation on Otto Forex
Ending this section, in our opinion: do we believe that the Otto Forex company is reliable? Should you invest your money with the company? Are they a recommended company? ⭐ 2022 analysis ⭐
❌ After having examined it, we advise you to exercise caution, since it is an illegal company, clearly established to take money from people through tricks and traps. It is not very transparent, since it does not offer legal information, it does not show data about its registration and it also lacks regulation (unregulated company). ❌
⚠ A pocas palabras: doesn't seem like a good idea we suggest to be careful. ⚠
ATTENTION!: in February 2022 FCA added Otto Forex to your list fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
ATTENTION!: in April 2022 CNMV added Otto Forex to your list fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
Our advice: we always recommend working only with duly regulated companies, Isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?
📌 Don't forget: one of the few measures that assure customers' money is the broker regulationIn other words, it is probably the most important feature of any broker; HAVE GOOD REGULATION. Good regulation means that there is a authority to which, in case of misunderstandings or problems, customers can file a complaint. 📌
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, too leave a comment on our website with your experience with this broker.
🔻🔻 We leave a vote open so that traders, clients and users of the broker can vote. 🔻🔻