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Verify with the source.Wherever possible, information is matched against official registers and primary sources.
When was it checked?We clearly show when each critical piece of data was last checked.
Know the type of information.We classify user complaints, company statements and official records separately.
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Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

OTSO Markets

Broker · International

About the company

Legal company nameOTSO Markets (Pty) Ltd · OTSO Market Ltd (Saint Lucia)
Year founded—
Headquarters / registered countryCape Town, South Africa (South African entity)
Websiteotsomarkets.com
Last checked10.10.2026

According to its official website, OTSO Markets is a technology-driven forex and CFD broker that says it optimises trading conditions with algorithms. The site shows two companies: OTSO Market Ltd, incorporated in Saint Lucia under the International Business Companies Act (registration no. 2026-00677), and OTSO Markets (Pty) Ltd in Claremont, Cape Town, authorised by the FSCA under FSP number 54190. According to the site, the South African company acts as an intermediary that arranges access to financial products, platforms and liquidity providers and is not the product issuer, counterparty, market maker or custodian. The site's legal documents are issued in the name of OTSO Market Ltd. The site also displays ASIC AFSL 551283; in ASIC's open dataset this number is registered to Abigail Funds Management Pty Ltd as a licence for wholesale clients only. Clients can trade more than 50 forex pairs, gold, silver, platinum, WTI and Brent crude, indices and crypto CFDs on MetaTrader 4 and MetaTrader 5. Standard and ECN accounts have a minimum deposit of 100 USD and leverage up to 1:1000; the MT5 Cent account requires a first deposit of 100 USD. Funding methods are local bank transfer, cryptocurrency and credit card. The firm says it does not serve countries such as the United States, Canada, Japan, Singapore, Hong Kong and Australia. This information is the company's own statement.

Account Details

ACCOUNT TYPESStandard · ECN · Cent
MIN. DEPOSIT100 USD
PLATFORMSMetaTrader 4 · MetaTrader 5
PRODUCTSForex · Metals (gold, silver, platinum) · Energy (WTI, Brent) · Indices · Crypto CFDs
LEVERAGEUp to 1:1000

Licences and regulation

FSCA (South Africa)

Licence no.FSP 54190
Licence holderOTSO Markets (Pty) Ltd
ScopeListed in the FSCA register as an authorised (Authorized) financial services provider under OTSO Markets (Pty) Ltd (FSP 54190); authorised since 9 Dec 2024; approved product classes: derivative instruments, collective investment schemes and deposit products.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: February 2026 – October 2026

  • Withdrawal / payment: 1
  • Account / trading conditions: 1

VERY LOW — COMPLAINT LEVEL

86% of institutions with complaint records received more complaints than this one.

BY TOPIC — Withdrawal / payment: Low · Account / trading conditions: Low

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on OTSO Markets' Trustpilot page (2) as of 10 October 2026; one person's reviews count once, and records about fake sites and third parties using the OTSO Markets name are left out. Across the complaints, allegations of profit withdrawals not being paid and account access being disabled while trades were open stand out.

Sources and verification history

Official company sourcesotsomarkets.com — homepage (account types, funding, regulatory and risk texts), About Us and Cent Account pages and footer
Regulator recordsFSCA — OTSO Markets (Pty) Ltd, FSP 54190 (fsca.co.za)
Company registerCIPC (Companies and Intellectual Property Commission) — OTSO Markets (Pty) Ltd, 2024/083762/07
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified10.10.2026

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