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    OTM Trade

    Scam Brokers
    |
    2-5 years
    |
    Suspicious Regulatory License
    |
    MT4/5 full license

    Rating

    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    License Index

    0.0

    Business Index

    6.09

    Risk Management Index

    0.0

    Software Index

    7.02

    Regulatory Index

    0.0

    Licenses

    Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan

    Retail Forex License

    BAPPEBTI Clone Firm

    Indonesia Commodity and Derivatives Exchange

    Retail Forex License

    ICDX Clone Firm

    Overview

    • Company Name:

      OTM Capital
    • Company Abbreviation:

      OTM Trade
    • Place of registration:

      OTM TradeIndonesia
    • Regulatory Status:

      Scam Brokers
    • Customer Service Email Address:

      support@otmtrade.com
    • Customer Service Phone Number:

      --
    • Company summary

      --
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    Warning: This platform is a Ponzi Scheme. Please stay away!

    Previous Detection: 2021.06.14 Risk: 5 Item

    • This broker bas been verified to be illegal and all of its licences have been expired, and it has been listed in WikiFX's Scam Brokers list; please be aware of the risk!
    • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
    • The claimed IndonesiaBAPPEBTI regulatory (license number: 0002/UPTP/SIP/5/2019), verified as a clone firm, please pay attention to the risk, please be aware of the risk and the potential scam!
    • The claimed IndonesiaICDX regulatory (license number: Unreleased), verified as a clone firm, please pay attention to the risk, please be aware of the risk and the potential scam!
    • The number of the complaints received by WikiFX have reached 50 for this broker in the past 3 months, please be aware of the risk and the potential scam!

    WikiFX Verification

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan

    Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI)

    BAPPEBTI was launched in 2005 to regulate certain sections of the financial services industry in Indonesia. It is the only agency with regulatory responsibility for various financial institutions. It operates under the supervision of the Indonesian Ministry of Finance and is managed by a board of administrators, all of whom are selected by the government from industry experts.

    • Licensed Institution :

      OTM KAPITAL BERJANGKA

      Effective Date :

      --
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      LANDMARK PLUIT GEDUNG B2 LANTAI 3, JALAN PLUIT SELATAN RAYA kelurahan PLUIT kecamatan PENJARINGAN kota JAKARTA UTARA propinsi DKI JAKARTA

      Phone Number of Licensed Institution :

      (021) 2267 3439
    • Licensed Institution Certified Documents :

      OTM Trade BAPPEBTI牌照 View Certified Documents
    Indonesia Commodity and Derivatives Exchange

    Indonesia Commodity and Derivatives Exchange (ICDX)

    Indonesia Commodity and Derivatives Exchange (ICDX), also known as PT. Bursa Komoditi dan Derivatif Indonesia (BKDI) is the internationally known commodity and derivatives based exchange in Indonesia.ICDX provides a safe, robust and transparent market to manage risk or for those who want to profit by accepting risk.ICDX provides an efficient and transparent market for commodities in Indonesia, as well as providing risk management tool for the market player.

    • Licensed Institution :

      OTM Kapital Berjangka, PT

      Effective Date :

      --
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      --

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      OTM Trade ICDX 牌照 View Certified Documents OTM-ICDX牌照200426 View Certified Documents

    OTM Trade · MT4/5

    Identification Result

      OTM Trade · Website

      Most visited countries/areas

          No content

          No data

          Load failure

          Load failure

          OTM Trade· Genealogy

          OTM Trade · Clones

          OTM Trade · Market Analysis

          The data are from WIKI Research    2021.06.14 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          OTM Trade · Survey×

          Special Note

          ×
          OTM Trade

          1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

          1.pngWikiFX will not disclose your personal information to third parties.

          1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.

          1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.

          根據香港證券及期貨事務監察委員會的規定

          為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

          Alternate Text

          Data Sources WikiResearch 2021.06.14 Update

          数据样本不足

          Data Sources WikiResearch 2021.06.14 Update

          OTM Trade · Chart
          Date

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by VPS
          富拓 · 外链汇总

          Insufficient data samples,Browsing is not supported temporarily

          Alternate Text

          Data Sources WikiResearch 2021.06.14 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          OTM Trade
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
          Related Photos
          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          Confirm
          OTM Trade · Company summary
          --
          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.