Introduction and history of xChief broker
Otet Markets Broker
Broker intro video
About Octa Markets
Otet Markets is a newly established forex broker founded in 2023 by Otet Group LTD that offers a variety of trading services. The broker is registered in offshore jurisdictions such as the Union of the Comoros and Saint Lucia . The founder of this broker is unknown and no public information is available; however, it is considered to be linked to Iranian management .
Otet Markets offers a range of accounts and more than 500 trading instruments (forex, crypto, indices, stocks, energy), competitive spreads from 0 pips, the MT5, cTrader and mobile app platforms, and awards such as Fastest Growing Broker from Bloomberg and MyFXBook. Support 24/7 is provided via chat, ticket, email and phone.
Working with Iranian users is one of its strengths: full Persian support, deposits/withdrawals in Rial and crypto, fast verification, and services free of sanctions restrictions thanks to its offshore regulation. The broker has quickly established itself in the Iranian market and sees its users as business partners.
Reviews of this broker describe it as a reliable option for Iranians with offshore regulation and a fast growth rate, although it lacks strong regulation and the offshore risk should be kept in mind. It suits Iranian traders who value simplicity and speed, but doing your own research is essential.
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