OTFX Review

Updated: March 20, 2026
OTFX
Views24

Fast Facts

Regulations:
ASIC (Australia)

Contact Info and Support

Traffic information

CategoryMetricsMeaning
RatingsGlobal Rank-
Country Code-
Country Rank-
Category Rank-
Engagement metricsVisits0
Bounce Rate0
Pageviews per Visit0
Avg. Visit Duration0
Estimated monthly visitsJuly 20250
August 20250
September 20250
Traffic sourcesSocial-
Paid Referrals-
Mail-
Referrals-
Search-
Direct-

About OTFX

OTFX previously held an Australian Financial Services (AFS) licence, number 421246, under “Otfx Pty Ltd.” This licence was valid from August 17, 2023, until it ceased on January 25, 2024 .

No active licences or regulatory authorisations could be verified through official regulatory registers. Despite OTFX’s website claiming ASIC regulation, the AFS licence has expired, and there’s no record of current licences with ASIC, FCA, CySEC, NFA, or similar authorities. Independent reviews describe OTFX as unregulated and potentially fraudulent, with missing details on trading costs, spreads, leverage, and account conditions , .

Pros and cons

Cons

  • AFS licence 421246 ceased on January 25, 2024, per ASIC register .
  • No current regulation from recognised authorities; claims of licences are unsupported by records .
  • Trading terms such as spreads, leverage, commissions, and account types are not disclosed — lack of transparency — typical of fraudulent entities .
  • Reported association with prior suspicious operations (e.g. HIIFX) and alleged Ponzi-like behavior .

Pros

  • Previously held an ASIC-regulated AFS licence, which, although now expired, indicates an attempt at regulatory compliance in the past .

Page loaded in 461.00 ms