FSCMauritiusTier 3Licence number
GB23202301
View licence record- Licence holder
- Held by Prime OTP
- Licence type and regime
- Financial Service
- Offshore
Not checkedUpdated
At a glance
Regulation on record for Prime OTP
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
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 0
- Found on an official register
- 0
Prime OTP has one licence on record with Wikilix, issued by one authority across one jurisdiction. None was issued by a tier-1 or tier-2 authority. 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 Prime OTP, strongest authority first.
1 record
- FSCMauritiusTier 3
Protection
What this licence protects
FSC's own rules for the firms it authorises.
- No compensation scheme
- Complaints routeFSC Complaints
- Maximum leverage1:1000
Frequently Asked Questions
Questions about the licences held by Prime OTP
Answered from the register entries on this page.
Most Popular Questions
Prime OTP offers customer support through live chat available during business hours, phone support at +971 42254643, and email at support@primeotp.com. Support is provided in English, and the broker maintains active social media channels for additional contact.
According to WIKILIX data on Prime OTP, the maximum leverage available to traders is 500. This leverage applies to the trading instruments offered by the broker.
Prime OTP supports deposits and withdrawals via bank wire transfer, credit/debit cards (Visa, MasterCard), e-wallets like Skrill and Neteller, and cryptocurrencies including Bitcoin, Ethereum, and USDT. Processing times vary from instant for cryptocurrencies to a few days for other methods, and no fees are charged for deposits or withdrawals.
Prime OTP provides access to the MetaTrader 5 platform, which is available on web, iOS, Mac, Android, and Windows devices. MetaTrader 5 supports trading in multiple asset classes with advanced analytics and algorithmic trading tools.
Prime OTP Ltd is regulated by the Financial Services Commission (FSC) of Mauritius, which is an onshore regulator. The broker holds a Financial Service license and operates under regulatory standards that include compliance with international bodies such as IOSCO and FATF. However, client fund insurance is not provided.
Prime OTP has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Prime OTP holds licence records issued by FSC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
None of the licence records held by Prime OTP comes from a tier-1 or tier-2 authority.
Not yet. None of the one licence record held by Prime OTP 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.
Prime OTP has licence records in Mauritius. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.