FinCENUnited StatesTier 1Licence number
31000278731653
View licence record- Licence holder
- Held by OtetMarkets
- Licence type and regime
- Common Business Registration
EndedChecked
At a glance
Regulation on record for OtetMarkets
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
- 1
OtetMarkets 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. We located 1 of 2 on the issuing authority’s own register.
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 OtetMarkets, strongest authority first.
2 records
- FinCENUnited StatesTier 1
MISAComorosTier 4Licence number
T2023304
View licence record- Licence holder
- Held by OtetMarkets
- Licence type and regime
- Market Making(MM)
- Offshore
Found on registerChecked
Check it yourself
Look these up on the official registers
Each authority below publishes a register you can search. The name a register prints is often a separate legal entity, not the trading brand — search for the name given here.
- MISA registerOpen register
Protection
What this licence protects
FinCEN's own rules for the firms it authorises.
- No complaints route
- Maximum leverageVaries by firm / local rules
Frequently Asked Questions
Questions about the licences held by OtetMarkets
Answered from the register entries on this page.
Most Popular Questions
OtetMarkets offers a maximum leverage of 3000:1. This high leverage allows traders to control larger positions with a smaller amount of capital, but it also increases the risk of significant losses.
OtetMarkets provides customer support primarily in English. Support is available through various channels, including live chat during business hours, email, and social media platforms like Facebook and Twitter.
OtetMarkets supports deposits and withdrawals via Bank Card, Bank Wire Transfer, Bitcoin (BTC), and Tether (USDT). The minimum deposit amount is USD 25, and while the broker does not charge fees, third-party fees may apply.
OtetMarkets provides access to the MetaTrader 5 platform, a multi-asset trading software developed by MetaQuotes Software Corp. MT5 supports various devices, including desktop, web, and mobile, and offers advanced analytics and algorithmic trading tools.
OtetMarkets operates under a Retail Forex License issued by the Moroni International Services Authority (MISA) in Comoros. The broker is classified as offshore, and MISA is considered a tier 4 global regulator with low transparency and no client fund insurance.
OtetMarkets 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.
OtetMarkets holds licence records issued by FinCEN, MISA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by OtetMarkets comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
We located 1 of the 2 licence records held by OtetMarkets on the issuing authority’s own register. Every entry has been looked up. An unchecked entry is a gap in our coverage, not a finding against the licence.
OtetMarkets has licence records in United States, Comoros. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.