CySECCyprusTier 2Licence number
406/21
View licence record- Licence holder
- Held by Oqtima
- Licence type and regime
- Straight Through Processing(STP)
Not checkedUpdated
At a glance
Regulation on record for Oqtima
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
Oqtima has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for Oqtima, strongest authority first.
2 records
- CySECCyprusTier 2
FSASeychellesTier 3Licence number
SD109
View licence record- Licence holder
- Held by Oqtima
- Licence type and regime
- Retail Forex License
- Offshore
Not checkedUpdated
Protection
What this licence protects
CySEC's own rules for the firms it authorises.
- Compensation schemeUp to €20000 (ICF)
- Client money kept separate
- Negative balance protection
- Complaints routeCyprus Financial Ombudsman
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by Oqtima
Answered from the register entries on this page.
Most Popular Questions
Yes — OQtima requires clients to upload a government-issued ID and a proof of address document (utility bill or bank statement) as part of its standard KYC verification process.
According to WIKILIX data, Oqtima offers maximum leverage up to 1000:1 under the Seychelles FSA regulation. However, under CySEC regulation, the highest leverage is limited to 30:1, reflecting stricter European regulatory requirements.
The minimum deposit amount to open an account with Oqtima is 100 USD. Some funding methods have a minimum deposit of 20 USD, but the overall minimum to start trading is 100 USD.
Oqtima supports deposits and withdrawals via Visa, Mastercard, bank transfer, Skrill, Neteller, Wise, Revolut, and cryptocurrencies like Bitcoin, Ethereum, and Tether. Withdrawals must be made using the same method as deposits, and a 3% withdrawal fee applies if there are more than five withdrawals per month or no trading activity.
Oqtima offers the MetaTrader 5 platform, which is a multi-asset trading platform supporting Forex, stocks, and futures. It provides advanced analytics, faster execution, and algorithmic trading tools. The platform is available for desktop and other device types.
Oqtima is regulated by the Seychelles Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (CySEC). The FSA license is offshore, while CySEC is an onshore regulator with higher regulatory standards. Oqtima holds licenses for retail forex and STP business models, but client fund insurance is only provided under CySEC regulation.
Oqtima has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Oqtima holds licence records issued by CySEC, FSA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by Oqtima comes from tier-1 or tier-2 authorities (0 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by Oqtima has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Oqtima has licence records in Cyprus, Seychelles. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.