We start our 2024 OQtima full review on the pros and cons with a brief snapshot of this Cyprus-based CFDs broker to help you compare this broker's main features:
- 👮 Regulations: Cyprus, Seychelles
- 🛡️ Negative Balance Protection: Yes
- 🔒 Segregated Client Money: Yes
- 🏛️ Deposit Compensation Scheme: Yes (Cyprus entity only)
- 💰 Spreads/Commissions: from 0 pip + $6 commission/lot
- 🎯 Execution Model: ECN
- 📈 Assets: FX, Cryptos, Indices, Stocks, Commodities, ETFs, Futures
- ⚖️ Max Leverage: 1:500
- 🖥️ Trading Platforms: MT4, cTrader
- 💱 Min Deposit: $20
- 🏦 Accounts: USD, BRL, EUR, AUD, CHE, JPY, CNY, CAD
- 💵 Funding Methods: Bank Wire, Cards, Revolut, Wise, Skrill, Neteller
- 💳 Deposit/Withdrawal Fees: No
- ☪️ Islamic Accounts: Yes
- 👥 Social Trading: No
- 📞 Customer Support: 24/5 by email, phone, live chat
OQtima Overall rating
Rating | Weight | |
User Rating |
4.0 (1 reviews)
|
3 |
Popularity |
3.5
|
3 |
Regulation |
5.0
|
2 |
Pricing rating |
4.7
|
1 |
Features |
4.5
|
1 |
Customer Support |
4.5
|
1 |
OQtima Overview
- Pricing: 4.4/5
Competitive swap rates and zero fees for deposits/withdrawals. The recommended account is the ECN+, offering industry-standard commission rates and starting FX pair spreads at 0.0 pips. - Regulations: 5/5
OQtima boasts robust client protection measures, with regulated entities by both Cyprus CySEC and Seychelles FSA, offering segregated accounts and Negative Balance Protection for retail clients. - Popularity: Above average
Despite being a recently established broker, OQtima enjoys considerable popularity due to its diversified asset offerings and fast STP execution accounts. - User Rating: Neutral
As of now, user reviews from verified traders holding real trading accounts with OQtima are unavailable.
Regulatory Information
- Cyprus CySEC Regulation: Nordskov Capital Ltd, operating as OQtima, is a Cypriot Investment Firm (CIF) regulated by Cyprus Securities and Exchange Commission (CySEC), ensuring adherence to MiFID directives.
- Seychelles FSA Regulation: CDE Global Markets Ltd (OQtima) caters to international clientele, regulated by Seychelles FSA as a Securities Dealer.
Client Protection Measures
- Segregated Accounts: OQtima ensures clients' funds remain separate from operational expenses.
- Regulatory Deposit Insurance: Member of the Investor Compensation Fund (ICF), offering compensation up to €20,000 in the unlikely event of insolvency.
- Negative Balance Protection: Retail accounts are safeguarded against balances falling below zero, especially during extreme market volatility.
OQtima Profile
Company Name | CDE Global Markets Ltd |
Categories | Forex Brokers, Forex Rebates, Cryptocurrency Rebates |
Primary Category | Forex Brokers |
Year Founded | 2023 |
Headquarters | Cyprus |
Office Locations | Cyprus, Malaysia |
Account Currency | CAD, CHF, EUR, GBP, JPY, SGD, USD, ZAR |
Support Languages | Chinese, English, French, German, Indonesian, Italian, Japanese, Portuguese, Spanish, Thai, Vietnamese |
Funding Methods | Bank Wire, Credit/Debit Card, Neteller, Skrill, Revolut, Wise |
Financial Instruments | Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, ETFs |
Prohibited Countries | Iran, United States |
Established in 2023, OQtima is a multi-asset CFDs broker operating in over 100 countries. The ECN+ environment ensures stable, high-speed trading experiences for traders at all proficiency levels.
Asset Classes
OQtima provides access to 300+ CFDs across various markets, including Forex, Cryptos, Commodities, Indices, Stocks, and ETFs via the MT4 and cTrader platforms.
OQtima Account types
OQtima ECN+ | OQtima ONE | |
Maximum leverage | 500:1 | |
Mobile Platform | cTrader Mobile, MT4 Mobile, MT5 Mobile | |
Trading platform | cTrader, MT4, MT5 | |
Spread Type | Variable Spread | |
Minimum Deposit | 100 | |
Minimum Trade Size | 0.01 | |
Trailing Stops | ||
Scalping Allowed | ||
Hedging Allowed | ||
Islamic Accounts |
OQtima ECN+ | |
Maximum leverage | 500:1 |
Trading platform | cTraderMT4MT5 |
Mobile platform | cTrader MobileMT4 MobileMT5 Mobile |
Spread type | Variable Spread |
Minimum deposit | 100 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
OQtima ONE | |
Maximum leverage | 500:1 |
Trading platform | cTraderMT4MT5 |
Mobile platform | cTrader MobileMT4 MobileMT5 Mobile |
Spread type | Variable Spread |
Minimum deposit | 100 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
- ECN+: Designed for large orders and algo trading, featuring variable spreads starting at 0.0 pips, $6 commission per traded lot, and a $20 minimum deposit.
- ONE: Ideal for traders seeking optimal conditions, offering variable spreads starting at 1.0 pip with no trading commissions and a $20 minimum deposit.
Leverage and Trading Conditions
Leverage ratios up to 500:1 (Seychelles FSA) and 30:1 (Cyprus CySEC) are available, subject to jurisdiction and account type.Demo Account
OQtima offers a non-expiring demo account with virtual funds up to $100,000, allowing traders to test various assets and trading strategies risk-free.
Deposits/Withdrawals
- Deposit Methods: Bank Wire, Debit/Credit Cards, E-wallets (Neteller, Skrill, Revolut, Wise).
- Account Currencies: CAD, CHF, EUR, GBP, JPY, SGD, USD, ZAR.
- Fees: Competitive pricing, instant to 3-day processing times for deposits/withdrawals.
OQtima Web traffic
Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.
Websites |
my.oqtima.com
oqtima.eu
oqtima.com
|
Organic monthly visits | 93,913 (79%) |
Organic traffic rank | 128 out of 829 (Forex Brokers) |
Paid monthly visits | 25,638 (21%) |
Total monthly visits | 119,551 |
Bounce rate | 63% |
Pages per visit | 1.60 |
Average visit duration | 00:00:48.7200000 |
Popularity and Web Traffic: OQtima ranks among the top 15 brokers due to its competitive pricing, robust client protection, fast execution, and zero fees policy.
FAQs
- Regulatory Compliance: OQtima is regulated by Cyprus CySEC and Seychelles FSA.
- Minimum Deposit: Varied, ranging from $20 to $200 based on account type and regulatory entity.
- Maximum Leverage: Up to 500:1 (Seychelles FSA) and 30:1 (Cyprus CySEC).
- Rebates: Available for traders.
- Accepted Countries: Open to residents of various nations, including Japan and Canada.
- Trading Platforms: MT4 and cTrader for desktop and mobile devices.
Bottom Line
OQtima Broker, backed by stringent regulations, robust client protections, diversified asset offerings, and competitive pricing structures, stands as a reputable choice for traders worldwide seeking reliability, security, and diverse trading opportunities. To explore OQtima's offerings, visit their official website.
The information presented in this review is collated from primary sources, including regulatory websites, OQtima's official platform, and our in-house expert analysis. Traders should consider the risks associated with CFDs before engaging in trading activities.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Regional Restrictions: The OQtima brand does not provide services to residents of the United States, Iran, North Korea, and other countries whose domestic regulations classify such investment offerings as prohibited.
OQtima User Rating
OQtima reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.
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OQtima Cashback rebates
OQtima ECN+ | OQtima ONE | |
Forex | $1.50 Per Lot | $2.50 Per Lot |
Metals | $1.50 Per Lot | Gold $2.50 Per Lot Silver $2.50 Per Lot Platinum $0.05 Per Lot |
Shares / Equities | $0.005 Per Lot | |
Indices | Up to $0.25 Per Lot | |
ETFs | $0.005 Per Lot | |
Cryptocurrencies | $0.05 Per Lot | |
Payment Options |
Monthly Cash Back
|
OQtima ECN+ | |
Forex | $1.50 Per Lot |
Metals | $1.50 Per Lot |
Shares / Equities | $0.005 Per Lot |
Indices | Up to $0.25 Per Lot |
ETFs | $0.005 Per Lot |
Cryptocurrencies | $0.05 Per Lot |
Payment Options |
Monthly Cash Back
|
OQtima ONE | |
Forex | $2.50 Per Lot |
Metals |
Gold $2.50 Per Lot Silver $2.50 Per Lot Platinum $0.05 Per Lot |
Shares / Equities | $0.005 Per Lot |
Indices | Up to $0.25 Per Lot |
ETFs | $0.005 Per Lot |
Cryptocurrencies | $0.05 Per Lot |
Payment Options |
Monthly Cash Back
|
What are OQtima rebates?
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
How do OQtima rebates work?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.
How much OQtima rebates can I earn?
Are OQtima rebates a scam; do my spreads increase?
When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.
Are there any other benefits to signing up for OQtima rebates?
How are forex rebates paid?
Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:
Forex rebate options vary per broker:
Monthly cash back | Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in. |
Spread or commission reduction | The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers. |
Paid direct to brokerage account | Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers. |
In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.
OQtima Regulation / Money Protection
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
Nordskov Capital Ltd | up to €20,000 | 30 : 1 | ||||
CDE Global Markets Ltd, | 500 : 1 |
OQtima Symbols
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