Trading Accounts

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cTrader

MT5

Account Info	cTrader
Minimum Deposit	$25
Maximum capital	Unlimited
Margin call	%100
Leverage	1:20 ~ 1000
Spread	Min/Floating
Commission	Minimum
Stop Out	%40
Base Currency	USD
Cashback	Non
	Create an Account
	Demo Account

Important notes: - The ECN account has the lowest spread compared to other trading accounts offered by Otet Markets brokerage.
- In commission-free trading accounts (Premium, Classic), all symbols are traded without commission except for cryptocurrency and stock trades, which incur a commission.
-In the Premium account for Forex and Metals assets, a cashback of one dollar is credited for each lot traded. This amount will be deposited into the trader's MetaTrader account at midnight (12 AM) following the closure of the transaction.
- In a No-Swap account, no overnight swap fees are charged for the first 30 days. However, if a trade remains open beyond this period—i.e., on the 31st day—swap fees will be applied retroactively for all 31 days and deducted from the trading account.
- All trading accounts are "Standard Lot"accounts.
- In all accounts, each oil barrelis equivalent to one lot (unit), and all indices are equal to one unit.
- The overnight swap rate for transactions of all symbols in all trading accounts (except for no-swap accounts) are calculated every night and are tripled on Wednesdays.
- At the time of opening any of the trading accounts, the maximum leverage is 200, which traders can request to increase after one trading period (one month) through a ticket submitted to the technical department.
- Leverage of 500 will be activated exclusively for Forex group in all trading accounts. To activate this, a request must be submitted to the technical department via a support ticket.
- The leverage ratio for stocksin all trading accounts is calculated as 10.
- Leverage for cryptocurrenciesis calculated at 2 in all trading accounts. Please note, trading of cryptocurrencies is only possible through cTrader on Saturdays, Sundays, and public holidays.

Compare Accounts	No Swap	Classic	… ECN …	Premium	Stock
Minimum Deposit	0	$25	$25	$10000	$1000
Margin Call	%80	%80	%80	%80	Non
Leverage	1:20 ~ 1000	1:20 ~ 1000	1:20 ~ 1000	1:20 ~ 1000	1 ~ 1
Spread	From 0.4 pip	From 1 pip	From 0.2 pip	From 0.6 pip	From $0
Commission	From $3.2	0	From $5	0	From %0.2 per Lot
Swap	Not Available	Available	Available	Available	Not Available
Stop Out	%50	%50	%50	%45	Non
Cashback	Non	Non	Non	$1 Per Lot	Non
	Create an Account	Create an Account	Create an Account	Create an Account	Create an Account
	Demo Account	Demo Account	Demo Account	Demo Account

Limitless Trading Opportunities in Otet Markets

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FAQ

Trading accounts

How many types of trading accounts are there at Otet Markets brokerage?

Otet Markets offers six trading account types for clients. Five of these, including Swap-Free, Classic, ECN, Premium, and Stock, are linked to the MT5 platform. The sixth account type, called cTrader, is connected to the cTrader platform.

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What is the minimum deposit to the Otet wallet?

The minimum deposit to the Otet wallet is $25. However, the minimum deposit requirement to open a trading account varies depending on the type of account.

What is the minimum deposit to open trading accounts?

In Otet, Classic account is opened with a minimum deposit of $25, ECN and Standard accounts are opened with a minimum deposit of $25, and Premium accounts are opened with a minimum deposit of $10,000.

Which account is suitable for scalpers?

For scalpers who trade on short timeframes, ECN and Premium Otet accounts, which have the lowest spreads, are more suitable.

Which account is more suitable for gold trading?

For gold trading, it is better to have an account with the lowest spread. Therefore, ECN and Premium Otet accounts are more suitable for this purpose.

Which account is the best for starting trading?

The classic account, which has the lowest spread and no commission, is more suitable for entering the world of trading. (To learn about the registration process in Otet, please read the file below.)

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How can I ensure the security of my account in Otet?

By enabling the ‘Two-Factor Authentication' feature and the anti-phishing system, you can enhance the security of your account. (To activate this feature, please read the file below.)

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Otet Group LTD, is a regulated company duly incorporated in the Comoros Union (Mwali), having met all the statutory requirements for incorporation and ongoing operations under the International Business Companies Act, with the company’s registration No. HY00523012, which holds a valid Brokerage License No. T2023304 issued by M.I.S.A.
Otet Group Ltd., registered under Registration Number 2023-00595 in Saint Lucia, is a financial brokerage company listed in the Registry of International Business Companies (IBC) under the jurisdiction of Saint Lucia. The company’s registered address in Saint Lucia is: Top Floor Rodney Court Building Rodney Bay Gros-Islet Saint Lucia. The postal code for Rodney Bay, Gros-Islet, Saint Lucia is: LC01 401. Additionally, the company’s registered office address is No. 5, Becicka Plaza, Becici, Budva, Montenegro.

Risk Warning:
Otet Group LTD offers trading on Foreign Exchange (‘Forex’ or ‘FX’) and Contracts for Difference (‘CFDs’), which are complex financial products that are traded on margin. They carry a high level of risk since leverage can work both way to your advantage and disadvantage. As a result, these products may not be suitable for all investors, as loss of all invested capital may occur. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and consider your investment objectives and level of experience; therefor, seek independent advice, if deemed necessary.
Otet Group LTD does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of a CFD. Otet Group LTD is not a financial advisor and all services are provided on an execution-only basis. This communication is not an offer or solicitation to enter into a transaction and shall not be construed as such.
This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation. The service is not available for residents of Türkiye, Canada and the United States.
Otet Group Ltd (Saint Lucia) is additionally registered as Money Service Business with the US FinCen (MSB Reg. No. 31000278731653), reflecting our strong commitment to complying with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations* . Please be advised that Otet Group Ltd does not provide services or open accounts for U.S. citizens*.

Otet Group LTD has only one official website. All news and information will be shared through this website and emails that come from this website’s domain. If you see other websites or emails claiming to be from Otet Group LTD, they are not real. We are not responsible for anything outside of our official website.

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Otet Group LTD, all right reserved 2024

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