Score

1.44 /10
Danger

OPCMarkets

Cyprus

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.49

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
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Single Core

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 092/08) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

OPCMarkets · Company summary

General Information & Regulation

OPCMarkets are solely and exclusively operated by Safecap Investments Limited (“Safecap”), which is regulated by the CySEC under licence no. 092/08 and by the FSCA under licence no. 43906. Safecap is located at 148 Strovolos Avenue, 2048, Strovolos, P.O.Box 28132, Nicosia, Cyprus. Safecap Investments Limited is owned by Finalto (IOM) Limited and is a subsidiary of Playtech PLC, a company traded on the London Stock Exchanges Main Market and a constituent of the FTSE 250 index.

Market Instruments

Tradable financial instruments on offer are blends, Bonds, commodities, Currency pairs, cryptocurrency, ETFs, indices, IPOs and stocks.

Minimum Deposit

OPCMarkets claims it offer the MT4/MT5 CFD account, with the minimum deposit requirement is $100, which is quite affordable for most regular traders to get started.

Leverage

The trading leverage available on the OPCMarkets is up to 1:300. Please keep in mind that high leverage may magnify potential profits but can also increase risks.

Spreads & Commissions

According to spreads shown on OPCMarketsofficial website, US Crude oil from $0.03, and 0.3 pips on Nat Gas, spreads from 0.6 pips on EURUSD, Germany 30 indice from 0.08 pips. OPCMarkets do requires an inactive/dormant account fee, that is 10 USD per month.

Trading Platform

OPCMarkets offer traders its in-house trading platform, instead of currently famous and widely used MT4 or MT5 trading platform, so it seems a little bit weird, since it is a long-established broker. Besides, OPCMarkets supports trading via mobile, like Ios and Android devices.

Deposits & Withdrawals

OPCMarkets welcome traders fund their accounts through several payment method, including Visa, Mastercard, PayPal, Fast bank transfer, skrill and Netelller.

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水墨秋天
more than one year
Hi dear all, I recently thought OPCMarkets is fake and a scam because of my first view but today after verification of my account I made a withdrawal request and it became OK but just a little bit slow.
Hi dear all, I recently thought OPCMarkets is fake and a scam because of my first view but today after verification of my account I made a withdrawal request and it became OK but just a little bit slow.
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2023-03-02 17:13
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