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Oqtima Review
Oqtima is a young CFD broker with a real CySEC licence for EU clients and a separate, lighter regulated Seychelles entity for the rest of the world.
Min Deposit
$100
Spreads From
About 1.0 pip on the ONE account, 0.0 pips plus commission on ECN plus
Max Leverage
1:1000 under the Seychelles entity, lower caps apply for CySEC regulated EU clients
Platforms
MetaTrader 4, MetaTrader 5
Pros
- Oqtima EU Ltd holds a genuine, independently confirmed CySEC licence
- EU clients get real MiFID cover and up to 20000 euros of compensation fund protection
- Both MetaTrader 4 and MetaTrader 5 are available with no extra plugin needed
- Raw ECN plus spreads start from 0.0 pips for cost focused traders
Cons
- The Seychelles entity offers no compensation scheme if something goes wrong
- Oqtima is a young broker, only licensed under its current name since 2021
- Some third party pages mention cTrader support that does not actually exist
- High 1 to 1000 leverage under the Seychelles entity carries real extra risk
Oqtima began as Nordskov Capital Ltd in Cyprus, then relaunched under the Oqtima name. Its Cyprus arm, Oqtima EU Ltd, holds a genuine CySEC licence, number 406/21, confirmed on the regulator's public register. A Seychelles company serves clients outside Europe under a lighter FSA licence, number SD109.
EU clients under Oqtima EU Ltd get real MiFID protection and Cyprus compensation fund cover up to 20,000 euros. Clients under the Seychelles entity get no such scheme, though the site still promises negative balance protection as internal policy, not a legal duty. Leverage reaches 1 to 1000 there, far above EU limits.
Oqtima runs on MetaTrader 4 and MetaTrader 5, though some outside pages wrongly mention cTrader support. The ONE account needs 100 dollars with spreads from about 1.0 pip and no commission, while ECN plus adds a 3 dollar per side commission on raw spreads. A 100 percent match deposit bonus runs for the Seychelles entity only, not CySEC regulated EU clients.
Min. Deposit
USD 100
Max Leverage
1:1000 under the Seychelles entity, lower caps apply for CySEC regulated EU clients
Spreads From
About 1.0 pip on the ONE account, 0.0 pips plus commission on ECN plus
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
