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 |
Pros
- Regulated by Cyprus CySEC and Seychelles SC FSA
- Competitive spreads for forex and commodities
- Offers cTrader and Metatrader 5 platforms for multiple devices
- Provides Negative Balance Protection
Cons
- Founded recently in 2023, relatively new to the market
- Swap rates are higher than some competitors
- Privately owned and does not provide its financials publicly
We tested OQtima using real-money live accounts. Our reviews are based on unbiased data from live account testing, regulatory information, and user feedback. We list brokers without charge or sponsorship. To learn more, read our About Us page.
Trustworthiness & Regulation
OQtima is regulated by both Cyprus CySEC and Seychelles SC FSA. With a user rating of 4.0 out of 5, OQtima ranks 59th in our forex brokers database. Although established in 2023, OQtima has gained a solid following, with a popularity rating of 3.5 out of 5 and approximately 34,664 organic monthly visits according to similarweb.com, positioning it at 219 in our traffic-based rankings.
| 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 |
Deposit Insurance
Under CySEC regulation, OQtima offers a deposit compensation scheme (Investor Compensation Fund), which can compensate retail clients up to €20,000 in case of broker insolvency. Note that this protection does not cover traders classified as professional.
Spreads and Costs
OQtima provides competitive spreads, particularly in forex and commodities. Compared to top brokers like IC Markets, Exness, and HFM, OQtima’s spreads are attractively low, with an average of 1.70 pips on forex, which appeals to cost-conscious traders.
Combined Spread/Commission Costs by Asset Class Compared to Market Leading Brokers
| Broker - Account Type | Crypto Average | Forex Average | Indices Average | Commodities Average |
|---|---|---|---|---|
| OQtima – ECN+ | 21.21 | 1.70 | 9.02 | 0.07 |
| Exness – Zero | 5.45 | 1.01 | 1.81 | 0.03 |
| IC Markets - Raw Spread | 10.12 | 2.05 | 1.17 | 0.13 |
| HFM – Zero Spread | 21.54 | 1.60 | 4.59 | 0.12 |
| RoboForex – ECN | - | 2.13 | - | 0.15 |
| FBS - Standard | 24.23 | 4.09 | - | 0.23 |
| Forex.com - Standard | - | 2.81 | - | - |
For further data on all brokers and instruments, visit our spread analyzer tool.
Swap Rates/Financing Fees
Swap fees (overnight fees) are charged on positions held overnight. OQtima’s average swap rate is -2.54, close to industry averages but may vary between brokers.
| Broker | Best | Average | NZDUSD Swap Short | NZDUSD Swap Long | USDJPY Swap Short | USDJPY Swap Long | XAUUSD Swap Short | XAUUSD Swap Long |
|---|---|---|---|---|---|---|---|---|
| Oqtima | -- | -2.54 | -0.13 | -0.13 | -2.60 | 1.29 | 22.55 | -36.21 |
| Exness | -- | -6.78 | -0.08 | -0.07 | -2.77 | 0.00 | 0.00 | -37.79 |
| IC Markets | Best | -2.27 | -0.10 | -0.14 | -2.59 | 1.25 | 20.78 | -32.84 |
| HFM | -- | -7.89 | -0.14 | -0.14 | -3.65 | 0.00 | 0.00 | -43.31 |
Does OQtima Offer Islamic/Swap-free Accounts?
OQtima provides Islamic accounts, or swap-free accounts, suitable for clients who cannot receive or pay interest due to religious reasons. These accounts incur no overnight fees.
Other Fees
OQtima has additional fees beyond spreads and swaps:
| Fee Type | Details |
|---|---|
| Withdrawal Fees | Charges vary based on the withdrawal method. For more details, visit OQtima's deposit/withdrawals page. |
| Currency Conversion Fees | Applied on conversions between different currencies during deposits and withdrawals. |
Comparison to Other Brokers
When compared with other top brokers like IC Markets, Exness, HFM, RoboForex, FBS, and Forex.com, OQtima shows competitive spreads, especially in forex and commodities. However, as a relatively new broker, it lacks the long-established reputation of some other firms. OQtima’s swap rates are average, but its growing user base and platform options make it a solid choice overall.
Trading Platforms - Mobile, Desktop, Automated
| Platform | Device Compatibility | Automated Trading | Programming Language |
|---|---|---|---|
| cTrader | Desktop, Mobile, Web | Yes | C# |
| MetaTrader 5 | Desktop, Mobile, Web | Yes | MQL5 |
| MetaTrader 4 | Desktop, Mobile, Web | Yes | MQL4 |
OQtima offers both cTrader and MetaTrader 5, available on various devices. Each platform supports automated trading, with cTrader using C# and MetaTrader 5 using MQL5. These platforms are suited to both new and experienced traders looking for strong charting and analysis tools.
What Can You Trade?
| Asset Class | Number of Instruments |
|---|---|
| Forex CFD | 80 |
| Crypto CFD | 45+ |
| Stock CFD | 880+ |
| Stock Index CFD | 20 |
| Commodities CFD | 8 |
| ETFs | 100+ |
OQtima offers a broad range of trading options across forex, stocks, indices, commodities, and ETFs. However, it does not provide Bond or Futures CFDs. For a full list of instruments, check OQtima's asset classes page.
Available Leverage
Leverage at OQtima ranges from 30:1 for retail clients under CySEC to 500:1 under Seychelles SC FSA. Leverage allows traders to control larger positions with less capital, enhancing both potential profits and risks.
Prohibited Countries
Due to regulatory restrictions, OQtima does not provide services to residents of certain countries, including the United States, Iran, and North Korea. For a full list, visit OQtima's website or contact support.
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 |
|
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 | 58,802 (80%) |
| Organic traffic rank | 150 out of 827 (Forex Brokers) |
| Paid monthly visits | 14,895 (20%) |
| Total monthly visits | 73,697 |
| Bounce rate | 64% |
| Pages per visit | 1.39 |
| Average visit duration | 00:00:28.7130000 |
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 |
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread
Education
OQtima offers a variety of educational resources, including articles, video tutorials, and webinars that cover trading basics, platform tutorials, and advanced market strategies. This is beneficial for both beginners and experienced traders aiming to refine their trading skills.
Promotions
OQtima provides occasional promotions, such as deposit bonuses, referral programs, and trading contests. These offers are designed to give traders extra value but come with specific terms and conditions, so users should check OQtima’s promotions page for the latest details.
Disclaimer: Investing in CFDs involves significant risk and may not be suitable for all investors. CFDs are leveraged products, meaning potential profits as well as losses can be magnified. You may lose more than your initial investment, and it's essential to understand the risks involved, including market volatility and liquidity. Ensure you have a thorough understanding of CFD trading, consider seeking independent financial advice, and only invest funds you can afford to lose.
OQtima User Rating
OQtima reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.
Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.
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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