Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighNo genuine trading licence. The Comoros IBC and the United States FinCEN MSB registration are company and anti money laundering filings, not financial regulation, and MISA is a disavowed registrar; deposits are taken with no supervision.
Identity & transparency
6/10 · HighNames an entity, address and Bangkok office, but the money-taking entity (OTG GROUP Ltd, Comoros) differs from the entity holding the US registration (OTG LIMITED, Saint Lucia), ownership is undisclosed, and incorporation is not confirmable on an open registry.
Withdrawals & conduct
3/10 · LowNo verifiable withdrawal or fund-integrity complaints are tied to otggroup.net; the crypto withdrawal complaints online concern a different firm, OTG Exchange. There is also no positive payout track record, and no regulatory recourse.
Reputation
6/10 · HighAlmost no independent footprint: no Trustpilot profile and no substantive Reddit or Forex Peace Army discussion. The one substantive third-party assessment rates it unregulated and high risk, with no positive counterweight.
Website claims
5/10 · ModerateMarketing overstates the case (Defined by Trust, Deep Tier-1 Liquidity, safeguarding funds, serving 190 plus countries) for a months old, unregulated IBC, though it does not fabricate a tier-1 licence and its awards page is an unfilled placeholder.
Operational history
7/10 · HighUnder one year old: oldest domain February 2026, contracting entity incorporated July 2026, with a mid-2026 shift from a Saint Lucia entity to a Comoros entity. No verified multi-year history.
Who they are
A quick desk file on the company behind the brand.
- Brand: OTG GROUP
- Legal entity: OTG GROUP Ltd, a Comoros International Business Company (No. BFX2026049, incorporated 15 July 2026); the operation has also used OTG LIMITED in Saint Lucia.
- Registered: Bonovo Road, Fomboni, Island of Mohéli, Comoros Union.
- Operates from: 88/116 The Metro, Rama 9 Road, Bangkok, Thailand (phone +66 020268976).
- Website: otggroup.net (marketing) and otgfx.com (trading and client portal).
- Only registrations: a Comoros IBC number and a United States FinCEN MSB registration. There is no trading licence from any financial regulator.
- Offers: forex, metals, energies, indices, stocks and cryptocurrency CFDs on MetaTrader 5.
- Not accepted: United States, European Union, United Kingdom, Australia, Russia, and several others.
- Age claim: none advertised; the operation is under one year old (domain February 2026, company July 2026).
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
Mwali International Services Authority (MISA), Comoros
Found by our investigation (1) — the broker does not list these on its own site
FinCEN (Financial Crimes Enforcement Network), United States
Found by us — not listed by the broker
Why we reached this verdict
How the evidence adds up.
We rate OTG GROUP high risk and unverified. The evidence based score came out near 64 percent, and the published figure is held at 65 percent because the operation is under a year old with almost no independent client record. A young, trace less operation is the case where finding nothing wrong means the least, so we do not treat it as safe.
- No genuine regulation. The Comoros (Mohéli) number BFX2026049 is a company registration from a registrar, not a financial supervisor, and the Comoros central bank has publicly disavowed these MISA registrations. OTG GROUP and that number do not appear on the registrar's own brokerage list, which currently runs only to the end of 2024.
- The United States listing is not regulation. The FinCEN number 31000328877691 is a money-services (anti money laundering) registration held by OTG LIMITED in Saint Lucia, a different entity from the Comoros company clients contract with. FinCEN's own page states that a listing is not an approval or endorsement and warns that fraudsters abuse it.
- Very short history. otggroup.net dates to February 2026, otgfx.com to April 2026, and the Comoros company to July 2026. The operation also shifted its stated home from Saint Lucia to the Comoros during 2026.
- Thin footprint. There is no Trustpilot profile for the domain and no substantive discussion on Reddit or Forex Peace Army. The main independent assessment, from a broker-review directory, rates it unregulated and high risk.
- Real money is at stake. A live MetaTrader 5 trading operation exists, so this is a functioning deposit-taking broker, yet there is no regulator or compensation scheme behind it.
Evidence ledger
Every finding, with its source and how strongly it points.
E1otggroup.net was registered on 24 February 2026 and otgfx.com on 13 April 2026, so this operation is only months old despite presenting as an established global broker.
ModerateVerisign RDAPE2The FinCEN registration 31000328877691 is a Money Services Business (anti money laundering) filing held by OTG LIMITED in Saint Lucia, received 27 April 2026. It is not a trading licence, and FinCEN states a listing is not an approval or endorsement. Presenting it as United States regulation is misleading.
ModerateFinCEN MSB Registrant SearchE3The Mwali (MISA) registrar's own brokerage list does not include OTG GROUP or the number BFX2026049. MISA is a company registrar, not a financial supervisor, and the Comoros central bank has disavowed its licences. The public list currently runs only to the end of 2024.
E4The broker's own site discloses only a Comoros IBC (OTG GROUP Ltd, No. BFX2026049, incorporated 15 July 2026) and names no financial regulator, while offering live MetaTrader 5 forex, CFD and crypto trading and taking deposits.
ModerateOTG GROUP websiteE5An independent broker-review site assessed OTG Group, naming otggroup.net, as unregulated and likely a scam in June 2026, noting only a Saint Lucia IBC registration at that time.
ModerateBrokersView reviewE6Trustpilot has no review profile for otggroup.net, and there is no substantive Reddit or Forex Peace Army discussion. A broker claiming to serve 190 plus countries with no independent client footprint after several months is itself a caution.
WeakTrustpilotE7A sweep of regulator warning and alert lists found no entry naming otggroup.net or otgfx.com as of 30 September 2026. A FINMA warning exists for a separately named broker, OTG Exchange (otgexchange.com), which is a different operation and is not attributed here.
ModerateRegulator warning-list sweepE8OTG GROUP does not impersonate a regulated firm: it uses a generic name, cites no tier-1 regulator, and displays no borrowed licence number. This is an unregulated offshore broker, not a clone.
ModerateOTG GROUP website
The other side
The strongest case in this broker’s favour.
In fairness, several points are better than a pure scam profile.
- It does not impersonate a regulated firm. OTG is a generic name, and we found no clone of a well known broker, no borrowed licence number, and no stolen brand identity.
- It is relatively open about its status. The site states it is only a Comoros IBC and does not falsely claim an FCA, ASIC or CySEC licence, and its awards page is an empty placeholder rather than a wall of fake trophies.
- The registrations it does have are real. The FinCEN MSB filing genuinely exists on FinCEN's register, and a Comoros IBC is a real, if near worthless, incorporation.
- We found no confirmed problem with withdrawals. No regulator warning names otggroup.net, and the withdrawal complaints circulating online belong to a different company, OTG Exchange, not to this broker.
- Refusing clients from the United States, European Union, United Kingdom and Australia is the behaviour of an operator staying within its limited permissions rather than openly soliciting regulated markets.
What would change this
What we would need to see to revise the verdict.
This assessment would move if any of the following came to light.
- A financial regulator publishing a warning or alert that names otggroup.net or otgfx.com would push this toward likely scam.
- A consistent pattern of clients reporting blocked withdrawals, or demands to pay a fee or tax before funds are released, would be a strong scam signal.
- A genuine, verifiable licence from a real financial regulator (for example CySEC, FSCA or a comparable supervisor) tied to otggroup.net would sharply lower the risk.
- A year or more of trading with independent, specific reports of successful withdrawals would let us treat the track record as real rather than unproven.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
OTG GROUP official website
The broker's own site and company disclosure (Comoros IBC No. BFX2026049).
FinCEN MSB Registrant Search
Search the BSA ID 31000328877691 to see the US MSB registration (OTG LIMITED); FinCEN states this is not an endorsement.
Mwali (MISA) authorised brokerage register
The registrar's own brokerage list; OTG GROUP and BFX2026049 do not appear.
OTG Group independent review
A third-party broker-review site that rates OTG Group unregulated and high risk.
Frequently asked questions
Quick answers about this broker’s safety.
Is OTG GROUP a scam?
We have not confirmed that OTG GROUP is a scam, but we rate it high risk and unverified. It is an offshore broker with no genuine financial regulation and an operating history of only a few months, so we advise treating it with strong caution.
Is OTG GROUP a fraud?
We have no proof that OTG GROUP commits fraud, and no regulator or court has made such a finding. What we can say is that it operates without real financial regulation and is only months old, so we assess the risk as high and advise caution before depositing.
Is OTG GROUP regulated?
No, not in any meaningful sense. It holds a Comoros (Mohéli) IBC registration and a United States FinCEN money-services registration, but neither is a trading licence from a financial regulator. There is no FCA, ASIC, CySEC or comparable oversight.
What is the Comoros (MISA) licence worth?
Very little. MISA is a company registrar on the island of Mohéli, not a financial supervisor, and the Comoros central bank has publicly disavowed its licences. It provides no investor compensation and no meaningful protection for your deposit.
What about its FinCEN registration?
A FinCEN MSB registration is a United States anti money laundering filing, not a trading licence. FinCEN states clearly that being listed is not an approval, certification or endorsement, and it warns that fraudsters misuse the listing to look legitimate.
Can I withdraw my money from OTG GROUP?
We found no verified reports either way, because the broker is very new. Since it is unregulated, there is no regulator to force a payout if a withdrawal is refused. If you have funds there, test a small withdrawal before adding more.
Is my money safe with OTG GROUP?
There is no regulatory safety net. Client funds are taken by an offshore Comoros IBC with no client-money rules or compensation scheme, so any money you deposit is at risk if the company fails or refuses to pay.
Who owns OTG GROUP and where is it based?
The contracting company is OTG GROUP Ltd, a Comoros IBC registered in Mohéli. The operation runs from a Bangkok, Thailand address and has also used a Saint Lucia entity called OTG LIMITED. Individual owners and directors are not disclosed.
How old is OTG GROUP?
It is under one year old. The website otggroup.net was registered in February 2026, otgfx.com in April 2026, and the Comoros company was incorporated in July 2026.
Is OTG GROUP a clone of another broker?
We found no evidence of cloning. It does not appear to copy the name, licence number or identity of any well known regulated firm, and OTG is a generic brand.
Is OTG GROUP the same as OTG Exchange?
No. OTG Exchange (otgexchange.com) is a different operation that has its own separate warning from the Swiss regulator FINMA. Those complaints and that warning do not apply to OTG GROUP at otggroup.net.
What should I check before depositing with any broker like this?
Confirm a licence from a top tier regulator that lists the exact website on its public register, look for a real trading and withdrawal track record, and be wary of offshore only registrations, crypto only deposits, and any request to pay a fee before withdrawing.
What we recommend
The practical takeaway from everything above.
Our advice for anyone considering OTG GROUP:
- Treat it as unregulated. Only commit money you can afford to lose in full, because there is no regulator or compensation scheme to recover funds from an offshore IBC.
- Do not rely on the FinCEN or Comoros labels as proof of safety. Neither is a trading licence.
- If you already hold an account, test a small withdrawal before adding more, and keep records of dates, amounts and ticket numbers.
- Prefer a broker licensed by a top tier regulator such as the FCA, ASIC or CySEC that lists your exact domain on its public register.
- If you believe you were defrauded, report it to your local financial regulator and police, and never pay an up front fee to any service promising to recover your money.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed September 30, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
What traders say about OTG GROUP
Comments on OTG GROUP are posted on its profile
Nobody has commented on OTG GROUP yet. If you have traded with them, your experience helps the next reader decide.
Write the first comment