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Opofinance -

Score

5.91 /10
Average

Opofinance

Seychelles

2-5 years

Regulated in Seychelles

Retail Forex License

MT4 Full License

Suspicious Overrun

High potential risk

Offshore Regulated

http://www.opofinance.com/en

Influence

B

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Comparison

Quantity 9

Exposure

Open Account
Website

Score

Regulatory Index6.02

Business Index6.32

Risk Management Index0.00

Software Index9.87

License Index6.02

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

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

Single Core

1G

40G

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Broker Information

More

Company Name

Opo Group LLC

Company Abbreviation

Opofinance

Platform registered country and region

Seychelles

Company website

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Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts 4
Previous Detection : 2025-06-17
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by Australia ASIC(license number: 000402043)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

WikiFX Survey

Opofinance

Seychelles

WikiFX Verification

Exposure

9 pieces of exposure in total
Pyramid scheme complaint
Expose
Resolved

I won a high amount I requested a withdrawal They ‎

I won a high amount I requested a withdrawal They don't accept my request and my account is closed

2023-07-08 15:03
Unable to Withdraw

They Don't Give Withdrawal

I strongly advise against using this platform. Despite completing the required 25 lots on their $100 no-deposit bonus over three weeks ago, my withdrawal request remains unprocessed. Their customer support provides no clear answers, repeatedly stating that my account is under review without offering a timeline or resolution. This lack of transparency and accountability is deeply concerning and suggests the platform is not trustworthy. My experience has been frustrating, with unmet promises and poor communication. If you value your time and resources, I recommend avoiding this platform and seeking a more reliable and reputable service provider instead.

2025-01-03 08:08
Others

Only loss, not allowed to make a profit

The first liquidation, they said it was a normal situation. The second profit, they said no, the single to be deleted. The same time period my friend and I traded together, he slipped a loss, it did not return, and did not say that it is a violation. The platform is unscrupulous.

2023-10-04 20:34
Severe Slippage

Automatically close the position, occurred a high price that has never appeared, and liquidate the position

The short position was 0.1 lots, and the product was closed at a price that did not appear at all. The closing price is 50,000 to 60,000 pips higher than the platform's spread.

2023-09-25 16:29
Resolved

Company installation please pay attention

The problem of withdrawing profits under the pretext of using a fraud company robot. ‏Please pay attention

2023-07-16 05:46
Scam

Scam Broker

Hello, be careful with your capital in Opo Finance. This broker is a B-book and they make profits by call margin traders. No one is responsible for their problems. This company misleads traders with incorrect daily reports. They open trades themselves and withdraw money whenever they want. They can manually control and limit withdrawals. This is part of the problems that I experienced. They do not have a specific office and no user can complain. This is my ID number in Apo In this image, even though all my trades were hedges and according to the image, I had no negative swaps, my equity was deducted every day. I contacted the support, account manager, and support, but no one knew the reason, and in the end, the broker Call margin my acc

2025-02-17 00:18
Scam

SCAM ALERT 🚨

Do not waste your valuable time. This platform appears to be fraudulent. It has been over two weeks since I completed 25 lots on their $100 no-deposit bonus (NDB), yet they have failed to process my withdrawal request. Their customer support is unresponsive and unhelpful, repeatedly stating that my account is under review.

2025-01-03 07:53
Unable to Withdraw

No money will be given if you make a profit

Trading on TRY on September 18th, it was revealed that the market fluctuated greatly but did not rebound. This time and the last time the market fluctuated greatly. No money was given after profits were made, and even the principal was unable to be refunded.

2023-09-27 20:38
Unable to Withdraw

This black platform makes profits and doesn’t pay the principal!!! It’s a black market!!!

It’s a black platform that won’t give you any money if you make a profit. If you delete an order, you’ll lose $2,500, and you won’t be able to withdraw the remaining $500.

2023-09-29 17:13
    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
    OpoTrade✔Web, Desktop, MobileAll trader levels
    MetaTrader 4 (MT4)✔Windows, macOS, iOS, AndroidBeginners
    MetaTrader 5 (MT5)✔Windows, macOS, iOS, AndroidExperienced traders
    cTrader✔Web, 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

    User Reviews

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    User comment

    12

    Comments

    Write a review

    Maria za
    0-3months
    I’ve had a great experience working with Spered. Their platform is user-friendly, the support team is always available, and deposits and withdrawals are fast and reliable. As someone active in the forex market, Spered has been one of my best choices.
    I’ve had a great experience working with Spered. Their platform is user-friendly, the support team is always available, and deposits and withdrawals are fast and reliable. As someone active in the forex market, Spered has been one of my best choices.
    Translate to English
    2025-05-01 19:50
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    FX2859746190
    0-3months
    The withdrawal took less than an hour. Surprisingly, the spreads do not get wider even during news time. The Opopotrade section is so helpful. I saw some comments, but I had the opposite experience 😏. For me, it was good and trustworthy.
    The withdrawal took less than an hour. Surprisingly, the spreads do not get wider even during news time. The Opopotrade section is so helpful. I saw some comments, but I had the opposite experience 😏. For me, it was good and trustworthy.
    Translate to English
    2025-05-01 19:33
    Reply
    0
    0
    9