OtetMarkets $20 No Deposit Bonus — Complete Guide to Claim Free Trading Credit
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| OtetMarkets $20 No Deposit Bonus — Complete Guide to Claim Free Trading Credit |
OtetMarkets $20 No Deposit Bonus is an attractive promotion for traders who want to experience real forex trading without risking their own capital. This offer allows new users to trade using a free $20 credit, making it especially suitable for beginners who want to test both the platform and trading conditions.
This comprehensive guide explains everything you need to know about the OtetMarkets $20 No Deposit Bonus, including how to claim it, withdrawal rules, account requirements, and important terms you must understand before participating.
🎁 What Is the OtetMarkets $20 No Deposit Bonus?
The OtetMarkets $20 No Deposit Bonus is a promotional trading credit granted to new clients without requiring any initial deposit.
The bonus is designed to help traders:
Test the broker’s trading environment
Experience real market conditions
Practice risk management
Potentially generate withdrawable profit (subject to conditions)
⚠️ Important: The bonus itself is not withdrawable — only eligible profits can be withdrawn.
🏢 Otet Markets Broker Overview
Broker Name: Otet Markets
Official Website: https://otetmarkets.com/
Otet Markets is an online forex and CFD broker providing multi-asset trading access through modern platforms such as MT5 and cTrader. The broker targets both beginner and experienced traders with high leverage options and relatively low entry requirements.
Key Highlights:
Minimum deposit from $25
Leverage up to 1:500
MT5 & cTrader support
ECN account availability
Multiple payment methods
Active promotional programs
🔗 Official Bonus Claim Link
👉 Claim via Telegram Bot: @otetmarkets_bot
Always use the official channel to avoid scams or unauthorized offers.
💰 Bonus Details
Bonus Amount: $20
Bonus Type: No Deposit Bonus (NDB)
Eligible Users: New clients only
Bonus Quota: Limited
Promotion Period: Limited time
Bonus Validity: 3 days
⚠️ The system uses very strict IP detection to prevent abuse.
👤 Who Can Get This Bonus?
The bonus is available for:
New Otet Markets users
One bonus per person/device
Users who pass verification
Users who comply with IP and anti-abuse rules
Accounts flagged for duplication or suspicious activity may have the bonus revoked.
💼 Trading Account Type for the Bonus
The bonus is typically credited to a real trading account, usually:
MT5-based account
Festival account or a dedicated promotional account (depending on current campaign rules)
📊 Available Trading Instruments
With the OtetMarkets $20 No Deposit Bonus, traders may access multiple asset classes, including:
Forex pairs
Gold and metals
Indices
Stocks
Cryptocurrencies
Instrument availability depends on the account type and server.
💸 Spread & Commission
Based on the broker’s account structure:
Spread: floating
ECN spreads can start around 0.2 – 0.4 pips
Commission: depends on account type
Some accounts offer low-spread ECN execution
⚠️ Trading conditions may vary by server and market conditions.
⚡ Leverage
Maximum leverage: up to 1:500
Minimum leverage: around 1:20
High leverage increases both profit potential and risk. Proper risk management is strongly recommended.
🖥️ Trading Platforms
Otet Markets supports two main platforms:
✔ MetaTrader 5 (MT5)
MT5 Server: OtetGroup-MT5
Desktop and mobile versions
Expert Advisor (EA) support
Multi-asset capability
Fast execution
✔ cTrader
Modern user interface
Suitable for scalpers
Transparent order execution
🔐 Account Verification Requirements
To activate and use the bonus, users may need to complete:
Email verification
Identity verification (KYC)
Proof of Identity (POI)
Proof of Address (POA) — if requested
Face verification (optional)
Verification requirements may vary depending on the promotion.
🚀 How to Claim the OtetMarkets $20 No Deposit Bonus
Follow these steps:
Register using the link above
Please verify your email when registering.
Complete KYC
Open a trading account (Festival account)
Claim bonus via official Telegram bot: @otetmarkets_bot
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$20 bonus will be credited to trading account within 24 hours
Bonus successfully credited to trading account
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Start trading within 3 days
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⚠️ Make sure not to use VPN or dual IP.
💵 Profit Withdrawal Rules
This is the most important part of the OtetMarkets $20 No Deposit Bonus.
General conditions:
Any withdrawal will result in bonus removal
The bonus itself is non-withdrawable
Profits can be withdrawn if requirements are met
Required trading volume must be completed
No bonus abuse or prohibited strategies
Account must be fully verified
The broker reserves the right to:
Cancel the bonus
Reject withdrawals
Remove profits
if any violation of the Terms and Conditions is detected.
💳 Deposit & Withdrawal Methods
Otet Markets supports multiple funding options.
Deposit Methods:
Bank transfer
Credit/debit cards
Skrill
Neteller
Cryptocurrency (BTC, USDT)
Withdrawal Terms:
Minimum withdrawal around $25
Processing time depends on the payment method
No internal fees (third-party fees may apply)
📜 Important Bonus Terms & Conditions
Key points to remember:
Bonus valid for 3 days only
Very strict IP monitoring
One bonus per person
Hedging between accounts is prohibited
Arbitrage abuse is forbidden
Broker may cancel the bonus at its discretion
Always review the latest Terms & Conditions before claiming.
🏛️ Regulation & Company Information
Otet Markets operates under Otet Group LTD with the following structure:
Registered in Comoros (Mwali)
Licensed by MISA
Additional entity in Saint Lucia
Registered as MSB with FinCEN for AML compliance
Montenegro headquarters: No. 5, Becicka Plaza, Becici, Budva, Montenegro
Otet Group LTD, registered under Registration Number 2023-00595 in Saint Lucia, is a financial brokerage firm registered with the International Business Companies (IBC) Registry under the jurisdiction of Saint Lucia. The company's registered address in Saint Lucia is: Top Floor of Rodney Court Building, Rodney Bay, Gros-Islet, Saint Lucia. The postal code for Rodney Bay, Gros-Islet, Saint Lucia is: LC01 401. In addition, the company's registered office address is No. 5, Becicka Plaza, Becici, Budva, Montenegro
Regional Restrictions:
Services are not available to residents of:
United States
Canada
Turkey
⚠️ The regulation is considered offshore, so traders should perform proper due diligence.
☎️ Customer Support
Otet Markets provides several support channels:
Live chat
Email support | [email protected]
Phone support | +44 7447 450 780
Claimed 24/7 availability
Response times may vary depending on workload and time zone.
⚠️ Trading Risk Disclaimer
Forex and CFD trading involve significant risk and may not be suitable for all investors. High leverage can amplify both profits and losses. Always trade responsibly and only use funds you can afford to lose.
✅ Final Verdict: Is the OtetMarkets $20 No Deposit Bonus Worth Trying?
The OtetMarkets $20 No Deposit Bonus can be a useful opportunity for beginners who want to test live trading without making an initial deposit. With a simple claim process via Telegram and a short 3-day validity period, it serves well as a trial of the broker’s real trading environment.
However, because the broker operates under offshore regulation and uses very strict anti-abuse monitoring, traders should:
Follow all Terms & Conditions carefully
Avoid multi-account behavior
Apply solid risk management
When used properly, the OtetMarkets $20 No Deposit Bonus can be a practical starting point to explore the Otet Markets trading ecosystem.
Source:
(T&C) https://drive.google.com/file/d/17CWd6433qO5Fd9RLXVQxWYgPfvoNJ5a8/view
https://otetmarkets.com/wp-content/uploads/2025/02/Bonus-Terms-and-Conditions.pdf
https://otetmarkets.com/terms/
https://otetmarkets.com/
Written and published by: DFXNRF
