Score
Prime OTP
https://www.primeotp.com/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
PrimeOtp-Server
Influence
D
Influence index NO.1
MT4/5 Identification
MT4/5 Identification
Full License
Influence
Influence
D
Influence index NO.1
Contact
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
- Environment--
- Currency--
- Maximum Leverage--
- SupportedEA
- Minimum Deposit--
- Minimum Spreadfrom 0.8
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission$7
- Products--
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
primeotp.com
13.214.146.22Server LocationSingapore
ICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| Prime OTPReview Summary | |
| Founded | 2024 |
| Registered Country/Region | Mauritius |
| Regulation | No regulation |
| Market Instruments | Forex, metals, shares, indices, cryptos, commodities |
| Demo Account | / |
| Leverage | / |
| Spread | From 0.0 pips |
| Trading Platform | MT5, Prime OTP APP |
| Minimum Deposit | / |
| Copy Trading | ✅ |
| Promotions | ✅ |
| Customer Support | Live chat, Contact form, 24/5 customer support |
| Email: info@primeotp.com, support@primeotp.com | |
| Social Media: Facebook, X, Instagram, Linkedin, Twitter, YouTube | |
| Address: 3rd Floor, Standard Chartered Tower, CyberCity, Ebene 72201, Republic of Mauritius | |
| Regional Restrictions | Afghanistan, Cuba, Eritrea, Iraq, Islamic Republic of Iran, Israel, Liberia, Libya, Nicaragua, Russian Federation, Somalia, Syrian Arab Republic, Sudan, United States |
Prime OTP Information
Prime OTP is an unregulated broker, offering trading on forex, metals, shares, indices, cryptos, and commodities with spread from 0 pips on MT5 and Prime OTP APP. However, it does not provide services for residents in certain areas. Besides, in terms of some information such as leverage, minimum deposit, Prime OTP does not explicitly provide.

Pros and Cons
| Pros | Cons |
| Live chat support | No regulation |
| Various contact channels | No demo accounts |
| Multiple trading products | No MT4 platform |
| With MT5 platform | With regional restrictions |
| Low spreads from 0.0 pips | Lack of transparency |
| Promotions offered | |
| Copy trading available | |
| Popular payment options |
Is Prime OTP Legit?
No. Prime OTP currently has no valid regulations. Apart from that, its domain status shows that client transferring and updating are prohibited. Please be aware of the risk!


What Can I Trade on Prime OTP?
Prime OTP offers trading on forex, metals, shares, indices, cryptos, commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Shares | ✔ |
| Indices | ✔ |
| Cryptos | ✔ |
| Commodities | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |

Account Type
Prime OTP offers three types of accounts: Standard Account, Raw Account, and Cent Account. However, the minimum deposit requirement is unclear.

Leverage
The broker has not clearly provided the leverage it offers. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.
Prime OTP Fees
| Account Type | Spreads |
| Standard | From 1.5 pips |
| Raw | From 0.8 pips |
| Cent | / |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, mobile, web | Experienced traders |
| Prime OTP APP | ✔ | PC, mobile | / |
| MT4 | ❌ | / | Beginners |


Deposit and Withdrawal
Prime OTP accepts payments via Skrill, Neteller, tether, local transfers, bank transfers, USDT TRC20. However, Prime OTP does not provide information regarding accepted currencies, processing time, and commission fees.

Promotions
Promotion Period:
Start Date: 1st June 2025
End Date: 31st August 2025
Eligibility:
Participants must be existing clients who make a minimum deposit as specified in the table below during the promotion period.
Only deposits made between the promotion start and end dates will be considered.
The promotion is valid for clients based on the specified regional criteria.
Giveaway Qualification:
Clients must meet the minimum deposit and lot requirements for each giveaway tier.
Each deposit and lot combination qualifies the client for a specific giveaway item as outlined in the table below.
The giveaway items are limited and will be awarded on a first-come, first-served basis.
Trade positions should be more than 180 sec.

Keywords
- 1-2 years
- Suspicious Regulatory License
- MT5 Full License
- Regional Brokers
- High potential risk
Wiki Q&A
What fees are associated with Prime OTP?
The standard account has a spread from 1.3 pips with no commission, while the raw account offers a spread from 0.2 pips and a $7 commission per side.
What are the pros and cons of Prime OTP?
Pros: 24/5 customer support, MT5 platform, up to 1:500 leverage, raw account with low spreads. Cons: Unregulated status, no demo account, no 24/7 customer support.
Does Prime OTP offer a demo account?
No, Prime OTP does not provide a demo account for traders.
Is Prime OTP regulated?
No, Prime OTP is an unregulated broker. Despite claims of regulation by the Financial Services Commission (FSC), it does not hold any regulatory status, which makes it riskier compared to regulated brokers.
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