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OPCMarkets -Overview Guide of This Broker

WikiFX | 2025-01-09 17:41

Abstract:OPCMarkets was registered in 2020 in Cyprus. On its platform, customers can trade bonds, commodities, currency pairs, indices, and so on. The minimum deposit is $100, and the leverage can be up to 1:300. However, it should be noted that it only holds a suspicious clone CySEC license, which means potential risks may exist.

Note: OPCMarkets's official website - https://www.opcmarkets.com/ is currently inaccessible normally.

OPCMarkets Review Summary
Founded2020
Registered Country/RegionCyprus
RegulationCySEC (suspicious clone)
Market InstrumentsBonds, commodities, currency pairs, cryptocurrencies, ETFs, indices, IPOs and stocks
Demo Account/
LeverageUp to 1:300
EUR/USD SpreadFrom 0.6 pips
Trading PlatformProprietary platform
Min Deposit$100
Customer SupportTel: 35722030585
148 Strovolos Avenue, 2048, Strovolos, P.O.Box 28132, Nicosia, Cyprus

OPCMarkets was registered in 2020 in Cyprus. On its platform, customers can trade bonds, commodities, currency pairs, indices, and so on. The minimum deposit is $100, and the leverage can be up to 1:300. However, it should be noted that it only holds a suspicious clone CySEC license, which means potential risks may exist.

Pros and Cons

Pros Cons
Diverse tradable assetsInaccessible website
Popular payment optionsSuspicious clone CySEC license
Inactivity fee charged
No MT4 or MT5

Is OPCMarkets Legit?

No, it only holds a suspicious cloneCySEC license. Besides, its domain status shows that activities such as client transferring and updating are prohibited. Therefore, please be aware of the potential risks!

Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense No.
Cyprus
Cyprus Securities and Exchange Commission (CySEC)Suspicious CloneSafecap Investments LtdMarket Making (MM)092/08
Suspicious clone CySEC license
Domain information

What Can I Trade on OPCMarkets?

OPCMarkets provides several types of products, including bonds, commodities, currency pairs, cryptocurrency, ETFs, indices, IPOs, and stocks.

Tradable Instruments Supported
Bonds✔
Commodities✔
Currency Pairs✔
Cryptocurrencies✔
ETFs✔
Indices✔
IPOs✔
Stocks✔
Options❌

Leverage

The leverage can be up to 1:300. Please keep in mind that high leverage may magnify potential profits but can also increase risks.

OPCMarkets Fees

AssetSpread
US crude oil$0.03
Nat gas0.3 pips
EUR/USDFrom 0.6 pips
Germany 30 indiceFrom 0.08 pips
Inactivity Fee $10 per month

Trading Platform

OPCMarkets uses its own trading platform, and it does not support MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
Proprietary platform✔Mobile/
MT4❌/Beginners
MT5❌/Experienced traders

Deposit and Withdrawal

OPCMarkets supports several types of payment options, including Visa, Mastercard, PayPal, Fast bank transfer, skrill and Netelller.

Payment icons

Related broker

Unverified
OPCMarkets
Company name:Safecap Investments Limited.
Score
1.51
Website:https://www.opcmarkets.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.51

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