Otkritie Broker Ltd

Otkritie Broker Ltd is a Cyprus-registered investment firm operating under the official domain open-broker.com. The company is part of the broader Otkritie group, which has origins in Russian banking and financial services. However, public information about the broker is extremely limited, and no verifiable website or social media presence could be identified at the time of review.

This lack of digital footprint is unusual for a regulated broker and raises immediate questions about transparency. Traders considering this entity should be aware that independent verification of its operations, trading platforms, or customer service is currently not possible through publicly available channels.

Otkritie Broker Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under a CIF licence numbered 294/16, with a status of Authorised. This licence permits the firm to offer investment services across the European Economic Area under the MiFID II passporting regime.

CySEC regulation provides a recognised level of investor protection, including access to the Investor Compensation Fund and the Financial Ombudsman Service. However, the licence alone does not guarantee ethical conduct or operational reliability, and the absence of verifiable online presence weakens the credibility of regulatory claims.

FXCanary has assigned Otkritie Broker Ltd a Scam Risk Score of 34 out of 100, categorised as 'Guarded'. This score reflects a mix of a valid regulatory licence and significant red flags, most notably the complete lack of a verifiable website or social media presence.

The risk flag highlights that despite the licence, the broker's online invisibility makes it difficult for traders to confirm its legitimacy or access basic information such as account types, trading platforms, or customer support. This is a critical concern in an industry where phishing and clone sites are common.

Very little is publicly known about Otkritie Broker Ltd beyond its registered name, domain, and CySEC licence. The company does not appear to have an active website at open-broker.com as of our review, nor any social media accounts or marketing presence. The founding date is not on record.

It is unclear whether the broker offers retail trading services such as forex or CFDs, or what platforms, instruments, or account types are available. The lack of information means traders cannot perform standard due diligence, and the broker's actual operational status remains unverified.

A CySEC CIF licence is common among retail forex brokers targeting the European market. It requires compliance with capital adequacy rules, client fund segregation, and reporting obligations. The licence number 294/16 is verifiable on the CySEC public register, offering some confirmation of authorisation.

However, many CySEC-regulated brokers maintain robust online presences with detailed websites and client portals. The contrast with Otkritie Broker Ltd's near-total absence from the web is striking and may indicate that the licence is not actively used for retail operations, or that the broker is dormant.

Given the limited public information, this broker is not suitable for most retail traders who require transparency and easy access to account management platforms. The guarded risk score suggests caution even for experienced investors.

The broker may potentially be used by institutional or high-net-worth clients who have direct contact with the firm, but there is no evidence to confirm this. For the average retail trader, the lack of verifiable website and social media presence is a significant barrier to trust.

Otkritie Broker Ltd holds a valid CySEC licence, which is a positive factor, but the absence of any verifiable online presence is a major red flag. Traders should treat this broker with extreme caution and verify its licence directly with CySEC before considering any engagement.

We recommend seeking brokers that provide transparent information, active websites, and responsive customer support. Until Otkritie Broker Ltd establishes a clear and verifiable digital footprint, it is best avoided by the majority of traders.