ANSWER Dear Investor,
We do not recommend trading with OTT Markets, as your investments are not protected.
OTT Markets claims to be regulated by the MWALI International Services Authority (MISA) and provides licence number T2023301. However, our investigation revealed that this licence has been suspended and the company is no longer permitted to conduct trading activities. Besides, MISA is considered an offshore regulator with limited international credibility and oversight, which raises serious questions about the strength and reliability of its regulatory framework. Prior to its suspension, OTT Markets was not subject to rigorous supervision, increasing the risk of engaging in suspicious trading practices.
OTT Markets has failed to update its regulatory status in a timely manner, which may mislead investors into believing that it is still regulated. Therefore, we strongly advise you not to trade with this broker to avoid potential financial losses.
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