Score

4.75 /10
Average

Opofinance

Saint Vincent and the Grenadines

2-5 years

Regulated in South Africa

Derivatives Trading License (EP)

MT4 Full License

High Potential Risk

Offshore Regulation

B

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Comparison

Quantity 11

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Website

Score

Regulatory Index4.00

Business Index6.67

Risk Management Index0.00

Software Index9.91

License Index4.00

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Opo Group LLC

Company Abbreviation

Opofinance

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2026-04-21
  • WikiFX has recorded a total of 8 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.

WikiFX Verification

Pyramid scheme complaint
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    Opofinance · Company summary
    Opofinance Review Summary
    Founded2022
    Registered Country/RegionSeychelles
    RegulationFSA (Offshore Regulated), ASIC (Exceeded)
    Market InstrumentsForex, metals, commodities, stocks, indices, cryptocurrencies
    Demo Account/
    LeverageUp to 1:2000
    SpreadFrom 1.8 pips (Standard account)
    Trading PlatformOpoTrade, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
    Social Trading
    Minimum Deposit$1
    Customer SupportLive chat
    Phone: +447312763042
    Email: support@opofinance.com

    Opofinance Information

    Opofinance was started in 2022 and is based in Seychelles. It is regulated by the Seychelles FSA under an offshore FX license. It has more than 350 trading tools from across the world, works with a number of platforms like MT4, MT5, cTrader, and OpoTrade, and has accounts for both new and experienced traders.

    Opofinance's homepage

    Pros and Cons

    ProsCons
    Wide selection of platforms and account typesNo clear mention of demo or Islamic accounts
    Social tradingOffshore regulation
    Low minimum deposit starting from $1Withdrawal fees apply on some payment methods

    Is Opofinance Legit?

    Licensed EntityRegulated byRegulatory AuthorityLicense TypeLicense No.Current Status
    Opo Group LtdSeychellesSeychelles Financial Services Authority (FSA)Retail Forex LicenseSD124Offshore Regulated
    Opo Finance Pty LtdAustraliaAustralia Securities & Investments Commission (ASIC)Investment Advisory License402043Exceeded

    Offshore regulated by FSA
    Exceeded ASIC license

    What Can I Trade on Opofinance?

    Opofinance offers access to over 350 trading instruments, including forex, metals, commodities, stocks, indices, and cryptocurrencies, providing a wide range of global market opportunities.

    Tradable Instruments Supported
    Forex
    Metals
    Commodities
    Stocks
    Indices
    Cryptocurrencies
    Bonds
    Options
    ETFs
    What Can I Trade on Opofinance?

    Account Type

    Opofinance offers a wide range of live account types across MetaTrader, cTrader, and Optotrade platforms, designed to suit beginners, experienced traders, social traders, prop traders, and VIP clients. There is no mention of demo or Islamic (swap-free) accounts.

    Trading PlatformAccount TypeMinimum DepositMaximum leverageSpreadCommissionSuitable for
    MetaTraderStandard$1001:2000From 1.8 pips0Beginners, casual traders
    ECNFrom 0.8 pips$6Active, experienced traders
    ECN Pro$5,000From 0.0 pips$4Professional, high-volume traders
    Social Trade$2001:500From 1.5 pips0Social traders, copy traders
    Prop$1,000From 0.8 pips$6Prop traders, funded accounts
    Black$100,000From near 0 pips0VIP, institutional clients
    cTraderECN$200-From 1 pip$6Active, experienced traders
    ECN Plus$5,000-From 0.0 pips$4Professional, high-volume traders
    Copy$200-From 2.2 pips0Social traders, copy traders
    OptotradeStandard$1001:2000From 1.8 pipsBeginners, casual traders
    ECNFrom 0.8 pips$6Active, experienced traders
    ECN Pro$5,000From 0.0 pips$4Professional, high-volume traders
    Account comparison

    Leverage

    Depending on the type of account, Opofinance offers leverage of up to 1:2000. This lets traders handle big holdings with only a modest amount of money. However, excessive leverage can also increase the chance of big losses, even as it can also boost the possible gains.

    Opofinance Fees

    In general, Opofinance's fees are in line with what other companies in the same field charge. Their ECN and ECN Pro accounts have spreads as low as 0 pips, however they charge commissions of $4 to $6. Their Standard account has bigger spreads but no commission.

    Account TypeSpreadCommission
    StandardFrom 1.8 pips0
    ECNFrom 0.8 pips$6 per lot
    ECN ProFrom 0.0 pips$4 per lot
    Social TradeFrom 1.5 pips0
    PropFrom 0.8 pips$6 per lot
    BlackRaw (near 0 pips)0

    Non-Trading Fees

    Non-Trading Fees Amount
    Deposit Fee0
    Withdrawal FeeVaries: USDT $3–6, Advcash 2%, others
    Inactivity FeeNot mentioned

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    OpoTradeWeb, Desktop, MobileAll trader levels
    MetaTrader 4 (MT4)Windows, macOS, iOS, AndroidBeginners
    MetaTrader 5 (MT5)Windows, macOS, iOS, AndroidExperienced traders
    cTraderWeb, Desktop, iOS, AndroidProfessional traders

    Deposit and Withdrawal

    There are no hidden fees for deposits with Opofinance, and there are no deposit fees. The minimum deposit is as low as $1, depending on how you do it. You need to verify your account before you can make a withdrawal, and it happens swiftly. However, some methods charge minor fixed fees or fees based on a percentage.

    Deposit Options

    Deposit MethodMinimum DepositDeposit FeesDeposit Time
    USDT (TRC20)$10Instant
    Cryptocurrencies$15
    Top Change$1
    Advcash
    Perfectmoney

    Withdrawal Options

    Withdrawal MethodMinimum WithdrawalWithdrawal FeesWithdrawal Time
    USDT (TRC20)$15$3–624 hours
    Cryptocurrencies$10
    Advcash$12%
    Perfectmoney0
    Deposit methods

    News

    ExposureOpoFinance Withdrawal Issues: Traders Warn Others

    OpoFinance scams and exposure reports reveal rising of withdrawal issues. Traders say they can’t withdraw funds—read user stories and warning signs.

    WikiFX
    2026-02-03 17:15
    OpoFinance Withdrawal Issues: Traders Warn Others

    ExposureWhy Opofinance’s Dual Licensing Looks Weak, Not Reassuring

    Opofinance holds only an offshore Seychelles FSA license and an ASIC investment advisory license (402043) that explicitly excludes forex trading. Learn what this means for your money before trading.

    WikiFX
    2026-02-02 17:01
    Why Opofinance’s Dual Licensing Looks Weak, Not Reassuring

    ExposureIs Opofinance Regulation Valid? Checkout Opofinance Review & make informed decision

    Is Opofinance regulation valid? If this question comes to your mind while thinking about it, it depicts that you are an experienced as well as aware trader. To check Opofinance broker legitimacy before going ahead is the major thing you can do for yourself. Also, we will provide a more detailed and honest Opofinance review to help you determine whether you should invest with this broker or not.

    WikiFX
    2026-01-09 19:21
    Is Opofinance Regulation Valid? Checkout Opofinance Review & make informed decision

    User Reviews

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    User comment

    15

    Comments

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    FX5776303562
    0-3months
    Opo does exactly what a broker should do without any fuss. The platform runs well, orders go through quickly, and I have not had any headaches. Sometimes that is all you really need from a broker.
    Opo does exactly what a broker should do without any fuss. The platform runs well, orders go through quickly, and I have not had any headaches. Sometimes that is all you really need from a broker.
    Translate to English
    2026-04-06 19:03
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    FX1093903482
    0-3months
    I think OPO FINANCE is a scam. All their services were good until I was losing money, but when I was making a profit with a bot, they closed my trades at a loss and gave me a loss of about $2,300 under the pretext of preventing infrastructure damage, even though I did nothing illegal to the best of my knowledge that they had the right to close my positions at a loss. Then when I asked them the reason many times, they did not provide any explanation from email or support, and then they completely deleted all my accounts and user account. Be very careful, friends.
    I think OPO FINANCE is a scam. All their services were good until I was losing money, but when I was making a profit with a bot, they closed my trades at a loss and gave me a loss of about $2,300 under the pretext of preventing infrastructure damage, even though I did nothing illegal to the best of my knowledge that they had the right to close my positions at a loss. Then when I asked them the reason many times, they did not provide any explanation from email or support, and then they completely deleted all my accounts and user account. Be very careful, friends.
    Translate to English
    2026-02-02 04:15
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