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FXOPAL -

Score

1.50 /10
Danger

FXOPAL

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://fxopal.com

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Score

Regulatory Index0.00

Business Index6.92

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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Broker Information

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Company Name

FXOPAL LTD.

Company Abbreviation

FXOPAL

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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FXOPAL · Company summary

Note: FXOPAL' official website: https://fxopal.com/ is currently inaccessible normally.

FXOPAL Review Summary
Founded2020
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market Instruments36 currency pairs, Metals, CFD, Stocks, Cryptocurrencies
Demo Account✅
LeverageUp to 1:1000
SpreadFrom 1.5 pips (Basic account)
Trading PlatformMT5
Min Deposit$100
Customer SupportPhone: +90 850 484 0088
Email: info@fxopal.com
Address: Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines

FXOPAL is an unregulated trading platform. It provides trading on currency pairs, metals, CFDs, stocks, and cryptocurrencies with leverage up to 1:1000 and spread from 1.5 pips on the Basic account via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is $100.

FXOPAL

Pros and Cons

Pros Cons
Wide range of trading instrumentsNo regulation
MT5 availableInaccessible website
Flexible leverage ratios

Is FXOPAL Legit?

FXOPAL currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Whats more, as of now, traders have no access to their official website.

What Can I Trade on FXOPAL?

FXOPAL offers 36 currency pairs, metals, CFDs, stocks, and cryptocurrencies.

Tradable Instruments Supported
Forex✔
CFDs✔
Metals✔
Stocks✔
Cryptocurrencies✔
Commodities❌
Bonds❌
Options❌
ETFs❌

Account Type

FXOPAL offers three types of live accounts - Basic, ECN and Plus accounts.

Account TypeMin Deposit
Basic$100
Plus$500
ECN$10,000

Leverage

Account TypeMaxLeverage
Basic1:1000
Plus1:500
ECN1:300

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

Account TypeSpread
Basic1.5 pips
Plus2.5 pips
ECN0.9 pips

Trading Platform

FXOPAL offers the MetaTrader 5 (MT5) platform, which provides a robust and feature-rich trading environment. MT5 includes advanced charting tools, technical indicators, and analytical capabilities.

Trading PlatformSupported Available Devices Suitable for
MT4❌/Beginners
MT5✔Desktop, mobile, webExperienceds

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Lorenzo
more than one year
FXOPAL is 100% fraud!! Please don't call for this trap and invest in them. You cannot get your money back. I have filed a case against them and will escalate the matter to court!!!
FXOPAL is 100% fraud!! Please don't call for this trap and invest in them. You cannot get your money back. I have filed a case against them and will escalate the matter to court!!!
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2023-03-07 15:19
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