OTPprofits Forex Trading Platform: Revealing Some Secrets

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The year 2020 starts with the breaking news – the number of traders in the world has reached an incredible amount of 9.6 million people. Moreover, almost half of them - 4.3 million people - have started trading last year. The market is no less than enormous these days. No wonder dozens of online brokers emerge at light speed.
OTPprofits Forex Trading Platform

OTPprofits Forex Trading Platform: Revealing Some Secrets

OTProfits here sounds just like another name on the list. Still, this brand had somehow managed to amuse even the pickiest traders. In this review, we’ll cover the key questions about the broker, and will also see how a brand-new platform managed to gain popularity among thousands of users.
Register Account OTPprofits

Broker Information:

  • Tradable assets: 270+
  • Minimum deposit: $250
  • Max leverage: 1: 500
  • Demo account: yes
  • Online registration: yes
  • Withdrawal options: Neteller, Skrill, Wire Transfer
  • Commission on trades: no
  • Support: +44 2080891390 or support@otprofits.com

OTProfits: a quick review

OTProfits is a relatively new company founded in 2019 and operated by Habonix Solutions Ltd, Cyprus and by Aronex Corporation Ltd, a limited liability company incorporated under the laws of Seychelles. Still, since the brand release, it has gained incredible popularity among traders from all over the world. Did the company start as a global brand? No. It was aimed to cover mainly Asian and Arab countries, but after several months of work, it happened to draw users from other countries. Today OTProfits offers more than 270 trading instruments and CFDs on a wide variety of assets.

When registering with this brand, a user would be granted access to the most popular trading platform – MT4. All the options – Web, Mobile, and PC trading are covered. Additionally, any registered client has free access to the enormous online education hub, with piles of materials on trading and strategy.

Trading specifications

OTProfits specializes in CFDs and offers them as a type of instrument for the customer. Thus, a client won’t need to own or invest in the asset itself; the profit is made from the change of the asset’s price on the market. CFD offerings cover various currency pairs, commodities, market indices, and stocks.
Before opening a real account and deposit real money, a client may try out the DEMO account. It's free and helps learn the process better.
Register Account OTPprofits

Account types

OTProfits has designed four types of accounts to welcome traders of any experience level. For anybody new to trading, the Silver account seems to be a perfect fit. Gold account is for those who have already gained some background in trading and managed to start building their portfolio. A platinum account is a tier for savvy experts, ready to accept new challenges. Based on the knowledge, desired leverage, expected trading volume, and investment strategies, users can easily choose the type of account they could use to their best advantage.

To dig in for some details here..

Spread

Spread OTPprofits Forex Trading

Leverage

Leverage OTPprofits Forex Trading

Services

Services OTPprofits Forex Trading

Islamic account

By stating that trading is for everyone, OTProfits has not only designed account types for any level of experience but also came up with a specific Islamic account – 100% Sharia-compliant. Sharia law prohibits collecting interest or “riba.” OTProfits have pulled this off perfectly. Islamic account comes with zero swaps and rollover interest on overnight positions. Moreover, like any other account, it has no hidden commissions or unexpected fees.  Thus, traders of Islamic faith get the same unlimited access to all the advantages of the global market.
Register Account OTPprofits

Why choose OTProfits?

  • + CFD trading. Contracts for Difference have revolutionized online trading ever since they appeared. By vanishing the need to own the asset itself, CFDs open trading for practically anybody willing to give it a try. OTProfits adopted this trading method and offered it for its own users along with other significant benefits. 
  • + Vast variety of assets. As CFDs are covering practically any asset on the market, OTProfits thus grants you access to 40+ Forex and 30+ crypto pairs, 190+ stocks, 15 indices, and 17 most popular commodities.  
  • + Trading leverage. OTProfits empowers ambitious traders by granting attractive leverage rates. Depending on skills, knowledge, and experience levels, traders may choose the account type with the leverage that fits their needs.
  • + Regulated operations. OTProfits is operated by Habonix Solutions Ltd, a company with a registration number HE396742. Registered address: 40 Vyzantiou, 1st floor, Flat/Office 101, Strovolos, 2064, Nicosia, Cyprus.
  • + Educational hub. The website offers more than 200 studying materials, like videos, eBooks, articles, and tutorials. Also, they are divided according to the complexity level, so both newcomers and experienced traders would find useful information to boost their skills.
  • + 24/5 Support team. OTProfits strives to grant clients the best market experience. Dedicated support representatives are trained to provide high-quality service and help you throughout the trading journey.
  • + FREE DEMO account. Trading is quite a risky process, so if you’re new to it, you might lose quite a lot until you figure out how it works. What’s good about the DEMO account is that it offers you to practice risk-free and learn stuff at your own pace.

Opening an account

Registering an account is completely free and would take 5 to 15 minutes. Being a regulated broker, OTProfits would require a few necessary compliance checks from any new customer. That is done for the client to understand the risks of trading. Once you open the account, it would need to be verified with:
  • A scanned color copy of your passport, driving license, or national ID.
  • A utility bill or bank statement from the past three months showing your address.
After the verification process, the account would be all set and ready for trading operations.

Depositing and withdrawing funds

When it comes to depositing and withdrawing funds, OTProfits offers to choose from several funding methods. For instance, a client can go with a standard bank transfer using a credit/debit card or use Skrill or Neteller. Depositing funds is pretty easy. Assuming you are a registered and verified user, you click on My Account and go to the Deposit Funds area. Follow brief instructions there – and you’re done.

To process a withdrawal, you would need to create a request through My Account area, provide several details, upload supporting documents, and meet all the requirements, like the sufficient account balance, margin balance, etc.
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To sum up…

OTProfits is a perfect example of a new but highly successful trading broker. Within several months it has gained popularity and trust of people from all over the world. Both newbies and experienced traders are welcomed. Moreover, there’s even an exclusive account for people of the Islamic faith. Considering this type of dedication to clients, there’s no wonder OTProfits grows and turns into a global brand.

Thus the Reviews of the Strengths and Weaknesses of OTPprofits Best and Most Complete Forex Brokers. Hopefully useful and can help you in finding the best forex broker today. thanks.

#OTProfits #OTProfitsreview

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