USD/JPY effectively 0.6 pipsOQTima
Low-cost overseas forex brokers
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WHY OQTIMA?
Why does OQTima continue to be chosen?
REASON 01
ECN+ account USD/JPY at virtually 0.6 pips, among the lowest costs in the industry
OQTima's ECN+ account boasts spreads starting from 0.0 pips, and with a round-trip trading commission of 6 USD/lot, it achieves an effective cost of an average of 0.6 pips for USD/JPY. This is lower than XM's KIWAMI account (0.7 pips), making it one of the cheapest trading costs in the industry among overseas forex brokers. With its NDD ECN method offering high transparency and minimal slippage, it has gained immense support from professional traders who engage in scalping, EAs, and large-volume trading
REASON 02
A wide range of trading environments with MT4/MT5/cTrader and over 300 instruments across 7 asset classes
In addition to MT4 and MT5, OQTima will support cTrader from 2024, allowing you to trade over 300 instruments across 7 asset classes, including 80 FX instruments, 45 cryptocurrencies, 91 stock CFDs, over 100 ETFs, and 20 stock indices, all from a single account. It also supports cTrader Copy (copy trading), Level II pricing, and algorithmic trading, providing a trading environment that covers all strategies from discretionary to system-based trading
REASON 03
CySEC + FSA dual licensing × Trustworthy veteran management team
Despite being a relatively new broker, OQTima boasts a dual licensing system with Cyprus (CySEC 406/21) and Seychelles FSA (SD109) in the EU, earning a high Trustpilot rating of 4.6/5.0 (based on over 110 reviews). Its management team consists of veterans from IC Markets, TMGM, FxPro, and FP Markets, and its CEO is Angelo D'Alessio from Italy. This reliable operational structure, even for a new broker, is the reason for its trustworthiness
ABOUT
What is OQTima?Complete coverage of basic information.
Account type
- Leverage1,000x
- Spread1.0 pips ~
- No fees
- Minimum deposit amountfrom 100 USD
- Leverage1,000x
- Spread0.0 pips ~ (effectively 0.6 pips for USD/JPY)
- commission: 6 USD/lot
- Minimum deposit amountfrom 100 USD
Company Profile
Transaction specifications
EVALUATION
OQTima's strengths and weaknesses
✅ Strengths
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✓USD/JPY in ECN+ account: effectively 0.6 pipsWith a spread of 0.0 pips and a round-trip commission of 6 USD/lot, the effective cost for USD/JPY averages 0.6 pips. This is lower than XM's KIWAMI account (0.7 pips), making it one of the cheapest cost environments in the industry
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✓Fast executionThe NDD ECN method offers high transparency and minimizes slippage. There are absolutely no restrictions on scalping or using EAs
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✓Compatible with MT4, MT5, and cTraderStarting in 2024, we will be offering cTrader, a platform with limited support from other brokers in the industry. It supports Level II pricing, algorithmic trading, and cTrader Copy, covering a wide range of trading styles from discretionary to system trading
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✓A wide range of products with over 300 securities across 7 asset classesOver 300 instruments in total, including 80 FX instruments, 45 cryptocurrencies, 91 stocks, over 100 ETFs, and 20 stock indices. Access global markets with a single account
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✓CySEC + FSA Dual LicenseDespite being a relatively new broker, it holds two licenses: Cyprus' CySEC (406/21) and Seychelles' FSA (SD109). Its management team, comprised of former IC Markets, TMGM, and FxPro employees, contributes to its high level of reliability
⚠️ Points to note
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⚠It has a short operating history (established in 2023)As it has been established for less than three years, it has not yet accumulated a long-term track record. For large deposits, a gradual investment approach is recommended. If you prioritize long-term performance, consider [XM](/xm/) (established in 2009) or [Axiory](/axiory/) (established in 2011)
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⚠There are few bonus campaignsThere is no account opening bonus, and the deposit bonus is region-specific with a maximum of $500. If bonuses are your priority, we recommend considering [BigBoss](/bigboss/) or [XM](/xm/)
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⚠Minimum deposit $100A minimum deposit of $100 is required for all account types. For beginners who want to start with a small amount, [BigBoss](/bigboss/) (no minimum deposit) is recommended
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⚠A dormancy fee of $20 per month is charged for accounts left inactive for 6 monthsIf there are no transactions for more than 6 months, a monthly account maintenance fee of $20 will be charged. Accounts that have been left inactive for a long time must be closed
comprehensive evaluation
Recommended for: Scalpers and day traders seeking low-cost trading in an ECN environment, cTrader users, and intermediate to advanced traders who want to trade stock CFDs and ETFs in the same account.
Other recommended brokers: If you prioritize bonuses, BigBoss is recommended; if you want to start with no minimum deposit, BigBoss is recommended; and if you prioritize a long operating history, Axiory is recommended.
COMPARISON
\ You'll regret it if you don't know this /
Register directly from the official website vs.
Register from this page
| item | Register directly from the official website.from the official website Register directly |
If you register |
|---|---|---|
| Cashback | none | We 'll pass on the transaction costs to you!based on your transactions Rewards are given |
| Registration process | page. by Register following the instructions on the registration | It's the same amount of effort, but with cashback! |
| Terms of Transaction | same | same |
Yet,simply by registering through this page, you'll receive tens of thousands of yen in cashback every month.
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REVIEWS
OQTima reviews and testimonials
The spreads on the ECN+ account are surprisingly narrow. The USD/JPY spread is stable at 0.1-0.3 pips
Source: TrustPilot
The best thing is that you can use cTrader. Being able to trade while viewing order book information is a strength that other companies don't have
Source: TrustPilot
The execution speed is fast. There is almost no slippage, making it suitable for scalping
Source: X
The support staff's Japanese is excellent. I got a quick response when I asked a question via LINE
Source: Review site
The withdrawal was fast. The money arrived on the same day I applied via STICPAY
Source: TrustPilot
Established in 2023, it's relatively new. While its specifications are good, I'm still hesitant to entrust it with a large sum of money
Source: X
HOW TO OPEN
OQTima Account Opening Procedure
from this page
AccessAccess from this page
You will be automatically redirected to the OQTima official website via the Manecha referral link
Approximately 10 secondsyour personal information.
EnterEnter your personal information.
Enter your basic information such as your name, email address, and phone number
Approximately 2 minutesUpload your identity verification documents
Submit your ID and proof of address by dragging and dropping them
Approximately 3 minutesDeposit money
.and start trading
Transactions are possible immediately after depositing funds via credit card, bank transfer, or cryptocurrency
Immediate reflectionA complete guide with screenshots, explaining common pitfalls
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How to get started with OQTima at a great price
Get cashback while trading
Register for MoneyChat via the button on this page
After registering for free, you will open an OQTima account
Apply for your account number from My Page
If you submit your account number, it will be linked to your account for cashback eligibility
Earn cashback with every transaction
Cashback is generated based on trading volume and can be received through MoneyChat
Cashback available
By registering for OQTima through Moneycha, you can receive cashback based on your trading activity. It's a more advantageous way to start than registering directly through the official website
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EXTRA BENEFITS
Even with providers other than OQTima, you can get cashback if you register with Moneycha.
MoneyChat is an overseas forex cashback service.
It supports over 25 brokersand
has a cumulative payment record of 20 billion yen.
Supports 25 vendors
Cashback available from vendors other than OQTima
Centralized management
Manage the income and expenses of all businesses with a single MoneyChat account
Five benefits you can receive by registering with Moneycha
Free support
Japanese chat support
available for troubleshooting trading and withdrawal issues.
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FAQ
Frequently Asked Questions about OQTima
Yes, opening an OQTima account is completely free. However, please note that a dormancy fee of $20 per month will be charged if there is no trading activity for more than 6 months
OQTima's maximum leverage is 1,000x in the FSA (Seychelles) entity. Since Japanese residents open accounts in the FSA entity, the 1,000x leverage applies to them as well
For simple trading or FX beginners, the ONE account (no commission, starting from 1.0 pips) is recommended. Scalpers and intermediate/advanced traders who want to minimize trading costs should choose the ECN+ account (starting from 0.0 pips, round trip 6 USD/lot)
Yes, in addition to MT4 and MT5, cTrader is also available. It also includes a cTrader Copy (copy trading) function
It's basically free. However, a 3% fee will be charged for withdrawals exceeding 5 times a month, or for withdrawals without any trading activity
There is no account opening bonus. A 100% deposit bonus (up to $500) is offered in some regions, but it is not always available in Japan
OQTima holds dual licenses from Cyprus CySEC (406/21) and Seychelles FSA (SD109). Operated by former IC Markets, TMGM, and FxPro employees, its regulatory reliability is high for a newly established broker
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