OQtima Review 2023 & Cashback

Real customer rating

We start our 2023 OQtima full review on the pros and cons with a brief snapshot of this Cyprus-based CFDs broker to help you compare this broker's main features:

  • 👮 Regulations: Cyprus, Seychelles
  • 🛡️ Negative Balance Protection: Yes
  • 🔒 Segregated Client Money: Yes
  • 🏛️ Deposit Compensation Scheme: Yes (Cyprus entity only)
  • 💰 Spreads/Commissions: from 0 pip + $7 commission/lot
  • 🎯 Execution Model: ECN
  • 📈 Assets: FX, Cryptos, Indices, Stocks, Commodities, ETFs, Futures
  • ⚖️ Max Leverage: 1:500
  • 🖥️ Trading Platforms: MT4, cTrader
  • 💱 Min Deposit: $20
  • 🏦 Accounts: USD, BRL, EUR, AUD, CHE, JPY, CNY, CAD
  • 💵 Funding Methods: Bank Wire, Cards, Revolut, Wise, Skrill, Neteller
  • 💳 Deposit/Withdrawal Fees: No
  • ☪️ Islamic Accounts: Yes
  • 👥 Social Trading: No
  • 📞 Customer Support: 24/5 by email, phone, live chat

OQtima Overall rating

Ranked 79 out of 1342 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
Pricing rating
Customer Support
Real customer rating
Not rated

OQtima Overview

  • Pricing: 4.4/5
    Competitive swap rates and zero fees for deposits/withdrawals. The recommended account is the ECN+, offering industry-standard commission rates and starting FX pair spreads at 0.0 pips.
  • Regulations: 5/5
    OQtima boasts robust client protection measures, with regulated entities by both Cyprus CySEC and Seychelles FSA, offering segregated accounts and Negative Balance Protection for retail clients.
  • Popularity: Above average
    Despite being a recently established broker, OQtima enjoys considerable popularity due to its diversified asset offerings and fast STP execution accounts.
  • User Rating: Neutral
    As of now, user reviews from verified traders holding real trading accounts with OQtima are unavailable.

Regulatory Information

  • Cyprus CySEC Regulation: Nordskov Capital Ltd, operating as OQtima, is a Cypriot Investment Firm (CIF) regulated by Cyprus Securities and Exchange Commission (CySEC), ensuring adherence to MiFID directives.
  • Seychelles FSA Regulation: CDE Global Markets Ltd (OQtima) caters to international clientele, regulated by Seychelles FSA as a Securities Dealer.

Client Protection Measures

  • Segregated Accounts: OQtima ensures clients' funds remain separate from operational expenses.
  • Regulatory Deposit Insurance: Member of the Investor Compensation Fund (ICF), offering compensation up to €20,000 in the unlikely event of insolvency.
  • Negative Balance Protection: Retail accounts are safeguarded against balances falling below zero, especially during extreme market volatility.

OQtima Profile

Company Name CDE Global Markets Ltd
Categories Forex Brokers, Forex Rebates, Cryptocurrency Rebates
Primary Category Forex Brokers
Year Founded 2023
Headquarters Cyprus
Office Locations Cyprus, Malaysia
Account Currency CAD, CHF, EUR, GBP, JPY, SGD, USD, ZAR
Support Languages Chinese, English, French, German, Indonesian, Italian, Japanese, Portuguese, Spanish, Thai, Vietnamese
Funding Methods Bank Wire, Credit/Debit Card, Neteller, Skrill, Revolut, Wise
Financial Instruments Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, ETFs
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Interest on margin
Fixed spread
Variable spread

Established in 2023, OQtima is a multi-asset CFDs broker operating in over 100 countries. The ECN+ environment ensures stable, high-speed trading experiences for traders at all proficiency levels.

Asset Classes

OQtima provides access to 300+ CFDs across various markets, including Forex, Cryptos, Commodities, Indices, Stocks, and ETFs via the MT4 and cTrader platforms.

OQtima Account types

  OQtima ECN+ OQtima ONE
Maximum leverage500:1
Mobile PlatformMT4 Mobile, MT5 Mobile
Trading PlatformMT4, MT5
Spread TypeVariable Spread
Minimum Deposit20
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  OQtima ECN+
Maximum leverage 500:1
Trading platform MT4MT5
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 20
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  OQtima ONE
Maximum leverage 500:1
Trading platform MT4MT5
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 20
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

  • ECN+: Designed for large orders and algo trading, featuring variable spreads starting at 0.0 pips, $7 commission per traded lot, and a $20 minimum deposit.
  • ONE: Ideal for traders seeking optimal conditions, offering variable spreads starting at 1.0 pip with no trading commissions and a $20 minimum deposit.

Leverage and Trading Conditions

Leverage ratios up to 500:1 (Seychelles FSA) and 30:1 (Cyprus CySEC) are available, subject to jurisdiction and account type.

Demo Account

OQtima offers a non-expiring demo account with virtual funds up to $100,000, allowing traders to test various assets and trading strategies risk-free.


  • Deposit Methods: Bank Wire, Debit/Credit Cards, E-wallets (Neteller, Skrill, Revolut, Wise).
  • Account Currencies: CAD, CHF, EUR, GBP, JPY, SGD, USD, ZAR.
  • Fees: Competitive pricing, instant to 3-day processing times for deposits/withdrawals.

OQtima Web traffic

Organic monthly visits 25,185 (86%)
Organic traffic rank 312 out of 1342 (Forex Brokers)
Paid monthly visits 3,986 (14%)
Total monthly visits 29,171
Bounce rate 83%
Pages per visit 1.15
Average visit duration 00:00:08.4760000

Popularity and Web Traffic: OQtima ranks among the top 15 brokers due to its competitive pricing, robust client protection, fast execution, and zero fees policy.


  • Regulatory Compliance: OQtima is regulated by Cyprus CySEC and Seychelles FSA.
  • Minimum Deposit: Varied, ranging from $20 to $200 based on account type and regulatory entity.
  • Maximum Leverage: Up to 500:1 (Seychelles FSA) and 30:1 (Cyprus CySEC).
  • Rebates: Available for traders.
  • Accepted Countries: Open to residents of various nations, including Japan and Canada.
  • Trading Platforms: MT4 and cTrader for desktop and mobile devices.

Bottom Line

OQtima Broker, backed by stringent regulations, robust client protections, diversified asset offerings, and competitive pricing structures, stands as a reputable choice for traders worldwide seeking reliability, security, and diverse trading opportunities. To explore OQtima's offerings, visit their official website.

The information presented in this review is collated from primary sources, including regulatory websites, OQtima's official platform, and our in-house expert analysis. Traders should consider the risks associated with CFDs before engaging in trading activities.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Regional Restrictions: The OQtima brand does not provide services to residents of the United States, Iran, North Korea, and other countries whose domestic regulations classify such investment offerings as prohibited.

OQtima Real customer rating


OQtima reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

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OQtima Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  OQtima ECN+ OQtima ONE
Forex$1.50 Per Lot$2.50 Per Lot
Metals$1.50 Per LotGold $2.50 Per Lot
Silver $2.50 Per Lot
Platinum $0.05 Per Lot
Shares / Equities$0.005 Per Lot
IndicesUp to $0.25 Per Lot
ETFs$0.005 Per Lot
Cryptocurrencies$0.05 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  OQtima ECN+
Forex $1.50 Per Lot
Metals $1.50 Per Lot
Shares / Equities $0.005 Per Lot
Indices Up to $0.25 Per Lot
ETFs $0.005 Per Lot
Cryptocurrencies $0.05 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  OQtima ONE
Forex $2.50 Per Lot
Metals Gold $2.50 Per Lot
Silver $2.50 Per Lot
Platinum $0.05 Per Lot
Shares / Equities $0.005 Per Lot
Indices Up to $0.25 Per Lot
ETFs $0.005 Per Lot
Cryptocurrencies $0.05 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

What are OQtima rebates?

OQtima rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do OQtima rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much OQtima rebates can I earn?

Use our forex rebate calculator to estimate your OQtima rebate earnings:

You must enter a valid number

Are OQtima rebates a scam; do my spreads increase?

OQtima rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for OQtima rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

OQtima Regulation / Money Protection

Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Nordskov Capital Ltd up to €20,000 30 : 1
CDE Global Markets Ltd, 500 : 1