Score

1.31 /10
Danger

Opextrade

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.49

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

Opextrade

Company Abbreviation

Opextrade

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2025-01-07
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

News

ExposureFCA Releases Warning List of Unregulated Forex Brokers - Know the Risks

The Financial Conduct Authority (FCA) has released a list of unregulated forex brokers that traders should avoid due to their fraudulent activities or unethical practices. The FCA has warned traders that unregulated brokers may offer higher leverage ratios than regulated brokers, which can result in larger profits, but also larger losses. Traders are urged to only trade with regulated brokers and to do their due diligence before depositing funds. The FCA warning list includes UNION TRUST LTD, TEAM INVESTMENT LIMITED, TFCM-PROTRADING, ATRADESOLUTIONS, TOWERBLISS, FANTOM INVESTMENT, AMIREX TRADING, and OPEXTRADE.

WikiFX
2023-04-13 17:43
FCA Releases Warning List of Unregulated Forex Brokers - Know the Risks

NewsFCA WARNING: Do you want to invest with Opextrade? Stop!!!!

Once again alerting lovers of the forex market, FCA issued a warning on April 12 on its official website against OPEXTRADE! FCA stated that this firm is providing financial services or products to the public without FCA’s authorization.

WikiFX
2023-04-13 14:04
FCA WARNING: Do you want to invest with Opextrade? Stop!!!!

User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment