High Risk
Reported as a scam / unregulated
SF-703914registry entry
Why OTT Markets is on the register
OTT Markets claims to be regulated by the MWALI International Services Authority (MISA) and provides license number T2023301. However, this license has been suspended, and the company is no longer allowed to conduct trading activities. Besides, MISA is considered an offshore regulator with limited international credibility and oversight, even prior to its suspension, OTT Markets was not subject to rigorous supervision, increasing the risk of engaging in questionable trading practices. Given these concerns, OTT Markets appears to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.