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  • OTC-500.com

OTC-500.com

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Overview

OTC-500.com has a rating of 3.3 stars from 59 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with OTC-500.com most frequently mention withdrawal process.

This company does not typically respond to reviews

Positive reviews (last 12 months): 76.3%
Positive
45
Neutral
7
Negative
7
6
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How would you rate OTC-500.com?
Top Positive Review

“A favorite broker for many traders”

Ezekiel W.
4/8/24

I will always choose OTC-500 because of their Competitive spreads, fast and reliable deposits and withdrawals. Many instruments. The only broker with fair terms and conditions for bonuses. Excellent promos!

Top Critical Review

“Withdrawal not functioning”

Charlton D.
8/20/24

These negative reviews have led to concerns among potential users who are considering investing in the platform. Some users have reported that the OTC-500 platform engages in deceptive practices such as withholding funds, manipulating trades, and providing false information. These claims have raised red flags among investors who are wary of falling victim to a scam. While the platform may have legitimate features and services, these negative reviews cannot be ignored as they highlight the potential risks associated with using the OTC-500 platform.

Reviews (59)

Rating

Timeframe

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Thumbnail of user mrs.kimberlyd
GB
1 review
0 helpful votes
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September 6th, 2024

Trusting this fake company was a huge mistake; I ended up losing all my savings. At the beginning, it looked really promising, but every time I tried to withdraw my profits, they just rejected my requests. It was super depressing. Thankfully, I reached out to D(A)RKL(I)MITE(D), and they helped me recover all my money.

Thumbnail of user jesser875
Canada
1 review
0 helpful votes
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August 20th, 2024

After investing more than $108,500, I found myself locked out of my money for two months due to this unscrupulous company. Luckily, a friend recommended AMD(A)RKL(I)MITE(D), and their team was instrumental in helping me recover my financial stability.

Thumbnail of user kieshab10
Italy
1 review
0 helpful votes
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July 29th, 2024

I was contacted through telegram group. There were 30 members, who interacting everyday about trading forex and profiting from signals. I joined the group and opened account. I moved 48k through various wire transfers. I was told it is a 60 day investment cycle and afterwards I can withdraw. My initial investment profited me 500k Now I am unable to withdraw till I pay taxes to them. It's a total scam. My contacts were Alice Cooper and Warren Miller. These people are frauds and preying on multiple victims. Please be aware The only way i was able to get back my investment was through ADMK (LTD) and i am glad it was a success.

Thumbnail of user peppap4
GB
1 review
2 helpful votes
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June 6th, 2024

This company is part of a scam involving fake BBC news websites with fake articles and fake celebrity endorsements advertised using Google ads, Facebook ads etc. They also use fake UK company names and use the addresses of other innocent UK businesses as the contact details for the fake company.

These direct people to a sign up page for Immediate Vortex which has fake testimonials from James Dyson, the CEO of Dyson and Graham Norton, the television presenter. Multiple alternative names are also used including Quantum AI and Immediate Chain. It's all the same scam.

If you enter your contact details on this page you are automatically redirected to the OTC 500 website and automatically signed up for an account. They will then bombard you with phone calls to get you to deposit money in order to scam you.

Thumbnail of user daud.wansaoeboen
Netherlands
1 review
0 helpful votes
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June 20th, 2024

Don't do business with them. They are criminals even visa says my money is gone. Even the communication is bad in retrospect. See our chat here and the money is of course gone:
You turn a fly into an elephant, nice way of communicating, but hey, I'll see if the money comes back, if not, I'll add this chat to my online review on every site I can find

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I'm closing this chat as your account is being closed. I wish you all the best.
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12:26
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You have made a card payment, you must indeed withdraw it because it has been reserved. I will pass this on to our financial department and 250 euros will be sent back to you. That's out of my control.
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12:25
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There is no problem. You make an elephant out of a fly.
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12:24
12:19
Don't you see the problem?
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Then it seems like there is no problem.
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11:51
11:50
The authorization has also been revoked...sigh...that I fell for this...
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11:32
Otherwise it will be double work
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11:32
We cannot cancel reserved amounts for you. The amount may not be debited from your Card and the reservation will automatically disappear after a maximum of 30 days. Will the amount be debited? We will then see if we can cancel the payment.
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11:32
Icscards.
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11:32
No, you shouldn't write it off:
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You can then inform Visa to request the amount back. And you will have the amount in your account or card within 5 working days.
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11:25
11:23
No thank you, I want my money back...it's just not right...so you can refund the money
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Reviws otc-500.
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11:22
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Trustpilot otc-500
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No need to panic. Please add me to my work WhatsApp number that I sent via email.
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11:20
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Hello Daud
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11:20
11:14
I will inform VISA and ask my money back if my money is not sent back
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11:13
Even now no reaction...support 24/7?
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10:52
Can't wait all day please call or give me back my money!
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10:51
Hello? Customer Service Available 24/5 Help is available by email, phone, and from the account manager.
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10:50
Gregory van Ree should call me?
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10:49
I was supposed to be called to activate my account, but the phone only rang once and calling back is not allowed? Get started!
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10:48
Contact

Tip for consumers:
beware of them

Thumbnail of user khalila83
Bangladesh
1 review
0 helpful votes
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March 31st, 2024
Verified purchase

OTC-500 is very fine. The reason is while log in, it open fast and while clicking on buy or sell,it response very quick.Other options is of deposit or withdrawal is very fine and quick process. I recommend everyone to trade on without any hesitation.

Thumbnail of user emilianon5
California
1 review
0 helpful votes
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April 1st, 2024
Verified purchase

I made 80$ and I made a withdrawal request using e-wallet, they platformroved it on the same day and I received my profit without any issues. Now I'm trading using my deposit 50$ let's see how it goes. So far the experience was amazing!

Thumbnail of user lucianad21
Netherlands
1 review
0 helpful votes
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March 31st, 2024
Verified purchase

OTC-500 provides a wide range of products…such as forex, commodity, share, crypto and many more. Provides a wide range of products for traders and investors. Apart from that, the provision of the concept of free online learning is very beneficial to traders. The trading bonus is always the best every time a special celebration is given to the client.

Thumbnail of user allissonb2
GB
1 review
0 helpful votes
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March 30th, 2024
Verified purchase

I haven't got a problem with them, the withdrawals and deposits are pretty fast, the support helps you with everything, replies fast and accurate. Thank you for the opportunity to trade with you guys.

Thumbnail of user curtism444
Japan
1 review
0 helpful votes
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April 14th, 2024
Verified purchase

I'm impressed by the outstanding customer service and the simplicity of funding and withdrawing. Their educational resources make both fundamental and technical analysis easy to grasp.

Thumbnail of user zacharyh681
France
1 review
0 helpful votes
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April 2nd, 2024
Verified purchase

I have used many brokers but otc500 remains the best of all. Very fast deposit and withdrawal process. I especially platformreciate the level of financial Trading education the company offers for free. I recommend otc500 to all traders.

Thumbnail of user emelym18
France
1 review
0 helpful votes
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April 4th, 2024
Verified purchase

I haven't dealt with such an inspiring company! The way it meets its customer requirements and expectations in no time. A one-of-a-kind educational experience with the best variety of platforms.

Thumbnail of user dwayner116
Ireland
1 review
0 helpful votes
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April 14th, 2024
Verified purchase

OTC-500 exudes professionalism with their stellar client service and rapid transaction processing. Their platform is top-notch, and their spreads are unbeatable.

Thumbnail of user joaquinw11
Canada
1 review
0 helpful votes
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April 14th, 2024
Verified purchase

My recent experience with OTC-500 has been exceptional. I highly recommend this broker for those prioritizing reliability and safety. From interface to support, everything exceeds expectations.

Thumbnail of user monical712
Germany
1 review
0 helpful votes
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April 2nd, 2024
Verified purchase

Otc500 is one of the best! Best client relationship experience and They dedicated customer service who handles everything for me anytime! Great tools, updates constantly

Thumbnail of user gisellem52
Virginia
1 review
0 helpful votes
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March 31st, 2024
Verified purchase

OTC-500 is a very good broker. Giving prompt service like a relationship manager, deposits within minutes and withdrawal is fast. I am thankful for services.

Thumbnail of user camdenf13
India
1 review
0 helpful votes
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April 7th, 2024
Verified purchase

OTC is legit and recommended. Is a very powerful platform and such a perfect customer service-oriented company. The conditions are fair and many promotions are taking place

Thumbnail of user reeseh56
Germany
1 review
0 helpful votes
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April 3rd, 2024
Verified purchase

I believe that otc500 is one of the best broker traders existing currently on the market. It is reliable, and accurate. Expect for much more innovation in the future

Thumbnail of user eviea20
Argentina
1 review
0 helpful votes
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April 6th, 2024
Verified purchase

Deposit Very Good. Withdrawal Very Good. Customer support Very Good,Full support and also gives very excellent assistance toward client-related and team.

Thumbnail of user halles15
Viet Nam
1 review
0 helpful votes
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April 1st, 2024
Verified purchase

No restrictions and good leverage. The leverage that allows client to trade all markets and not giving many restrictions to your clients like other brokers. Sincerely, you are the best.

Thumbnail of user bentleyh16
Bangladesh
1 review
0 helpful votes
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April 1st, 2024
Verified purchase

Platform deserves rating. An essential tool in my trading journey. They have the best live education trading expert. They have contributed to my trading journey.

Thumbnail of user maceyc15
Argentina
1 review
0 helpful votes
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April 2nd, 2024
Verified purchase

I want to thank the otc500 team for always responding to my enquiries quickly and for putting up with my tantrums during that time. I will definitely continue to trade with them.

Thumbnail of user kirstenm213
Kirsten M.
Croatia
1 review
0 helpful votes
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April 7th, 2024
Verified purchase

Lightning-fast execution, exactly what you expect from a broker. In addition, the promos are very big, hope to get a prize!

Thumbnail of user saged23
Netherlands
1 review
0 helpful votes
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April 1st, 2024
Verified purchase

I think is amazing broker to Clients. They always care about clients. They always providing good education webinars for Clients. It is really good to Clients. Thank you So much.

Thumbnail of user reganc34
Regan C.
Netherlands
1 review
0 helpful votes
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March 30th, 2024
Verified purchase

Everyone knows is one of the best brokerage, it is more secure for lots traders at especially in UK.

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Amos M.
Typically does not respond to reviews

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