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FXOTP

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Operating status: SCAM

Website: https://fxotp.com

Broker violations and abnormal records
  • Sep 24, 2024 BrokersView has Reviewed that FXOTP is an Unregulated Broker

    FXOTP claims to be a forex company registered in Saint Lucia with registration number 2023-00396, operated in Dubai, U.A.E., which offers forex trading services to clients worldwide.

    Upon investigation, we found that Fxotp Ltd is registered with the International Financial Centre (IFC) in Saint Lucia, an International Business Companies Registry that doesn't license forex trading brokerage activities. It is critical to note that this mere registration doesn't mean being licensed to carry on forex trading activities. The financial watchdog of St. Lucia, Financial Services Regulatory Authority (FSRA) has stated that forex trading activities are not licensed there. Without any other valid financial licenses, FXOTP's financial services for forex trading are not legitimate. 

    However, FXOTP is also not authorized and regulated by the DuBai Financial Services Authority (DFSA), the Central Bank of U.A.E.(CBUAE), the Securities and Commodities Authority(SCA) in the United Arab Emirates.

    The truth is that FXOTP is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.

    FXOTP is a scam.

    FXOTP claims to be a forex company registered in Saint Lucia with registration number 2023-00396, operated in Dubai, U.A.E., which offers forex trading services to clients worldwide.Upon investigation, we found that Fxotp Ltd is registered with the International Financial Centre (IFC) in Saint Lucia, an International Business Companies Registry that doesn't license forex trading brokerage activities. It is critical to note that this mere registration doesn't mean being licensed to carry on forex trading activities. The financial watchdog of St. Lucia, Financial Services Regulatory Authority (FSRA) has stated that forex trading activities are not licensed there. Without any other valid financial licenses, FXOTP's financial services for forex trading are not legitimate. However, FXOTP is also not authorized and regulated by the DuBai Financial Services Authority (DFSA), the Central Bank of U.A.E.(CBUAE), the Securities and Commodities Authority(SCA) in the United Arab Emirates.The truth is that FXOTP is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.FXOTP is a scam.
  • Jan 12, 2026 BrokersView has identified that FXOTP's website is currently offline

    BrokersView found that the domain "https://fxotp.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domain "https://fxotp.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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