About META OTC
Company Overview
META OTC is a forex and CFD broker registered in the United Kingdom. Its official domain is meta-otc.com, and its registered address is 152 - 160 Kemp House City Road, London, England. According to official records, the company was founded on 25 July 2023.
Despite its London headquarters, META OTC is not regulated by any financial authority. This absence of regulatory oversight is a critical factor for traders to consider, as it means the broker is not subject to standard investor protection schemes such as compensation funds or dispute resolution services.
Regulatory Status
Our records indicate that META OTC holds no regulatory licenses from any recognized body. In the UK, retail forex brokers are typically required to be authorized by the Financial Conduct Authority (FCA), but META OTC does not appear on the FCA register.
This lack of regulation carries inherent risks, including potential issues with fund segregation, transparency of operations, and recourse in case of disputes. FXCanary's Scam Risk Score of 46/100 (Guarded) reflects these concerns, placing the broker in a watch category for cautious traders.
Trading Offerings
META OTC offers trading in CFDs across multiple asset classes, including forex, commodities, cryptocurrencies, shares, and ETFs. According to available information, the broker provides maximum leverage of up to 1:500, which is high compared to regulated brokers in many jurisdictions.
Spreads are advertised as starting from 0.08%, positioning the broker competitively on pricing. However, without independent verification of these claims and given the unregulated environment, traders should approach such offerings with caution.
Customer Support and Accessibility
The broker states it provides customer support via phone and email. The website may offer additional features, but our review could not confirm specifics due to limited public information.
As an unregulated entity, the reliability and responsiveness of support may vary. Traders are advised to test communication channels thoroughly before committing funds.
Risk Considerations
The most significant risk with META OTC is its lack of regulatory oversight. This means there is no external assurance that client funds are segregated, that trading conditions are fair, or that the broker operates with adequate capital reserves.
High leverage of up to 1:500 amplifies both potential gains and losses, making it unsuitable for inexperienced or risk-averse traders. The FXCanary Guarded rating (46/100) advises traders to proceed with extreme caution and consider fully regulated alternatives.
Overview compiled by FXCanary from regulatory records and public data. full META OTC review