OTCapital Review

OTCapital Logo

OTCapital is an ASIC licensed Forex & CFD broker owned by OT Markets Pty Ltd. OT Capital is located at; 22-24 Horne Street , Elsternwick Victoria 3185, Australia, and their phone number is: +61 39 021 6918.

Customer support email address is: support@otcapital.com.

Scam Trading Robots

Trading Signals ScamWARNING: Don’t Use the Bitcoin Code software until you read this.

The best Forex trading robot is the FX Master Bot.

OTCapital Review

A review of the new Forex / CFD’s broker OTCapital shows that they offer investors the MetaTrader4 trading platform. There is available both the desktop standalone version, along with the web based and mobile versions. They offer hundreds of underlying assets for trading CFD’s including all the popular Major & Minor Forex Pairs, Market Indexes, Individuals Shares, and Commodities like Brent, Crude Oil, Platinum, Coffee, Sugar etc..

Leverage on all Forex pairs is 500:1, and spreads on the Euro Dollar pair are as low as 0.07. (Trading on leverage is very risky, and new traders should make sure they fully understand the risks associated with using margin.)

There are 3 levels of account types, which offer various benefits (see below), and the smallest account size starts at $250,  see here.

OTCapital Forex Trading Broker
OTCapital Forex Trading Broker

OTCapital License

When the Scam Broker Investigator reviews a new Forex broker to determine if they are a scam or legitimate company, the first thing we look for is a valid brokers license. The main reason investors always use an authorised and licensed broker is to be sure that your funds are kept safe in segregated accounts.

OT Markets Pty Ltd (ACN 621 714 181) is a Corporate Authorized Representative (CAR), license number 001258906 of AGM Markets Pty Ltd AFSL 422662.

There are many online scams you need to watch out for, read this.

OTCapital Forex Trading Account Types
OTCapital Forex Trading Account Types

Compare OTCapital

Smart investors always review a few different brokers before making a final decision.

EasyMarkets is a popular ASIC regulated Forex broker in Australia. They give you a very user friendly trading platform, and a Free Demo Accountsignup here.

Plus500 is an established CFD broker that is licensed by ASIC Australia. Minimum deposit is only $100, see more at: Plus500.com.

Plus500

Best Online Brokers

We ask current OTCapital clients to please share your experience with this broker, in the comments section below.

OTCapital Review

OTCapital Logo

OTCapital is an ASIC licensed Forex & CFD broker owned by OT Markets Pty Ltd. OT Capital is located at; 22-24 Horne Street , Elsternwick Victoria 3185, Australia, and their phone number is: +61 39 021 6918.

Customer support email address is: support@otcapital.com.

Scam Trading Robots

Trading Signals ScamWARNING: Don’t Use the Bitcoin Code software until you read this.

The best Forex trading robot is the FX Master Bot.

OTCapital Review

A review of the new Forex / CFD’s broker OTCapital shows that they offer investors the MetaTrader4 trading platform. There is available both the desktop standalone version, along with the web based and mobile versions. They offer hundreds of underlying assets for trading CFD’s including all the popular Major & Minor Forex Pairs, Market Indexes, Individuals Shares, and Commodities like Brent, Crude Oil, Platinum, Coffee, Sugar etc..

Leverage on all Forex pairs is 500:1, and spreads on the Euro Dollar pair are as low as 0.07. (Trading on leverage is very risky, and new traders should make sure they fully understand the risks associated with using margin.)

There are 3 levels of account types, which offer various benefits (see below), and the smallest account size starts at $250,  see here.

OTCapital Forex Trading Broker
OTCapital Forex Trading Broker

OTCapital License

When the Scam Broker Investigator reviews a new Forex broker to determine if they are a scam or legitimate company, the first thing we look for is a valid brokers license. The main reason investors always use an authorised and licensed broker is to be sure that your funds are kept safe in segregated accounts.

OT Markets Pty Ltd (ACN 621 714 181) is a Corporate Authorized Representative (CAR), license number 001258906 of AGM Markets Pty Ltd AFSL 422662.

There are many online scams you need to watch out for, read this.

OTCapital Forex Trading Account Types
OTCapital Forex Trading Account Types

Compare OTCapital

Smart investors always review a few different brokers before making a final decision.

EasyMarkets is a popular ASIC regulated Forex broker in Australia. They give you a very user friendly trading platform, and a Free Demo Accountsignup here.

Plus500 is an established CFD broker that is licensed by ASIC Australia. Minimum deposit is only $100, see more at: Plus500.com.

Plus500

Best Online Brokers

We ask current OTCapital clients to please share your experience with this broker, in the comments section below.

Reviewed by Scam Broker Reviews
  • Boo

    Okay so I found OT Capital thru The bitcoin code advertisement. The add explains what the advantages of trading on bitcoins are and how the software trader is programmed to make smart moves and has the ability to make traders 13,000 a day in profit.
    Once I clicked this add two companies started calling OT capital and HQ trading. I was very confused by this as I just wanted to ride the bitcoin wave.
    When I asked about bitcoin and how trading this is profitable I was told to wait until I deposit money and a profile manager would call and get everything started for me.
    I asked about supporting documents, as I would need time for paperwork to be collected. But as OT Capital say they are Australia regulated so they only need the official Australia drivers licence.
    They claimed this add was one that sent people to different brockers and trading software .

    I explained to OT Capital that I am very short on money and I will be swapping out meals for a month or two to save the minimum deposit if $250. This was okay. They politely called me ever second day for the two months to cheek how I was going getting my deposit sorted.

    Once I deposit my money witch I had to force them to let me do as they want the card details to input on there side. I was told I had to wait to trade and I would receive a call, to keep my line open. I explain that I am busy a lot at the hospital, I don’t answer unknown numbers . What time will I receive a call, ot capital say , your balance is small he has a lot of higher clients booked in at scheduled times. just keep the line open and wait for the call.
    I recived a call 4 days later from the profile manager and was told I will be called back late that night.
    Calling the receptionist didn’t help, her hands are tied and we have to wait for the call.
    I then didn’t revive a call for 3 weeks. I called in ever 3 days as I needed food money back from my trades ASAP.
    They wouldn’t let me use my account for weeks as I had to submit paperwork like utilities bills copy of Visa card both sides and copy of drivers licence.
    I was told this would not happen.
    The man called yesterday. He would not teach me anything this about trading bitcoin or crypto currencies ( witch I signed up for ). He said I was stupid and didn’t know what I was talking about. And anyway I didn’t have enough money to start on crypto currency. He stated if I had of put $1000 in bitcoin 7 years ago I would be rich but I missed that boat.
    This attitude towards working with little money really worried me. I am use to making a little in to a lot, and I am not scared of doing it. I find people don’t get that and they just want you to deposit what they know they can work with.
    The conversation was horrible from there on. He pointed me to a investment chart and said follow if all four columns are the same.
    He then said do I want to help my family or not, get over bitcoin and we will make lots more money his way. Then he told me to start a trade. No risk bots nothing. I was very worried he was not teaching me just telling me what to click. As he had issues with me by this stage.
    I asked him if he is advising me probably or is he just telling me to click what ever as a punishment for knowing what I wanted to do.
    Because I want to trade bitcoin he laughed at me and said he had enough I didn’t understand the market because of bitcoin and he wouldn’t help me unless I click what he said.
    He then said he won’t talk to me and left the conversation after telling me I know nothing about the market.
    I was left with his advice and a open trade no idea how to use the software in front of me.
    The trade has just lots out.
    I started with 250 and he never said what to do so I watched it and now my account is 61$. It’s cancelled Christmas and I have lost 13 kg following there recommendations of how to save my family’s future and pay for my operation so I can walk properly.
    They lied and have no understanding of what bitcoin is doing.
    Yep now balance is 13.43 $$.
    They just take advantage of people trying to learn.

    • Traka281

      Very similar circumstances to my own. Currently attempting to get $360 transferred back to a cash passport account. Similar to yourself was told that investing this small amount was not worth it, suggested $17,000 to which I declined then it dropped to $10,000 and then to $5,000 and final figure was a $1,000. At that point something did not feel right so opted to with draw funds -ongoing. I’m of the opinion that I won’t see the 360 again. I’ve attempted to contact by phone, surprise surprise no answer . But I’ll wear $360 it could have been a lot worse.

    • Martin Brett

      Did you send all the copies of the documents required before your account was funded or was the money taken before. Just had the same conversation with guy from OT Capital and awaiting call from agent to teach me how to trade, my account shows no withdraws to fund trading as yet im worried now after hearing you story

  • Deborah Curnow

    DONT INVEST WITH OTCapital….they appoint you a manager first. This manager knows you are knew and want to learn to trade. They advise you to put in the money and what is best to trade in. Then you build a little and then you make a profit like I did of $100,000 . Yes you can withdraw anytime so they send you $250 then another $250 so you feel confident. Then an Event is going to happen and you have to prepare for it, put more money in to make sure your account is safe. Then wow overnight suddenly you loose your profit then again the next night you loose even your own money. I lost over $200,000 dont do it please. Put your money into property and build with bricks and mortar.

  • Ian

    I was looking into to Crypto Currencies but having red scam broker and peoples experience then I would be foolish to think I could make a bit of money, is it odd how often when these people call you, they are Indian

  • OT Capital

    Dear OTCapital customers,
    We at OTCapital strive to provide the best customer services available.
    In order to assist with any kind of issue, please contact us through our various contact channels, so we can assist you further.

    Contact:
    Email: support@otcapital.com

    Phone: +61 399 997 330

    Or send us a message through our contact page: https://www.otcapital.com/contactus

    Best Regards,
    The OTCapital team