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Broker -
Prime OTP -

Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Prime OTP

Mauritius | 1-2 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.primeotp.com/

Website
Open Account Time Machine

Rating Index

Contact

+971 42254643
support@primeotp.com
https://www.primeotp.com/
3 rd Floor, Standard Chartered Tower, CyberCity, Ebene 72201, Republic of Mauritius

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
2025-09-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Mauritius
Operating Period
1-2 years
Company Name
Prime OTP Ltd
Customer Service Email Address
support@primeotp.com
Contact Number
+97142254643
Company Website
https://www.primeotp.com/
Account
Website
Company Summary
Wiki Q&A
Comment

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Official website

Website

primeotp.com
13.214.146.22
Server Location
Singapore
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
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Company Summary

Prime OTPReview Summary
Founded2024
Registered Country/RegionMauritius
RegulationNo regulation
Market InstrumentsForex, metals, shares, indices, cryptos, commodities
Demo Account/
Leverage/
SpreadFrom 0.0 pips
Trading PlatformMT5, Prime OTP APP
Minimum Deposit/
Copy Trading✅
Promotions✅
Customer SupportLive 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 RestrictionsAfghanistan, 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.

Prime OTP Information

Pros and Cons

Pros Cons
Live chat supportNo regulation
Various contact channelsNo demo accounts
Multiple trading productsNo MT4 platform
With MT5 platformWith regional restrictions
Low spreads from 0.0 pipsLack 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!

license
domain

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❌
assets

Account Type

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

Account Type

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 TypeSpreads
StandardFrom 1.5 pips
RawFrom 0.8 pips
Cent/

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Desktop, mobile, webExperienced traders
Prime OTP APP✔PC, mobile/
MT4❌/Beginners
Trading Platform
Trading Platform

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.

Deposit and Withdrawal

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.

Promotions

Keywords

  • 1-2 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

RichN
Within 1 year

What fees are associated with Prime OTP?

WikiFX Reply
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.
Broker Issues
Prime OTP
Fees and Spreads
07-30
United States
Tomas
Within 1 year

What are the pros and cons of Prime OTP?

WikiFX Reply
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.
Broker Issues
Prime OTP
Regulation
07-19
United States
Дмитрий
Within 1 year

Does Prime OTP offer a demo account?

WikiFX Reply
No, Prime OTP does not provide a demo account for traders.
Broker Issues
Prime OTP
Account
Platform
Instruments
Leverage
07-05
United States
seejay
Within 1 year

Is Prime OTP regulated?

WikiFX Reply
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.
Broker Issues
Prime OTP
Regulation
06-24
United States
View More

User Reviews 1

All (1) Positive (1)
FX1359601799
Within 1 year
Positive
I check through link and i found out they have license
02-06

Malaysia
No more
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Exposure
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Positive

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