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Score

1.45 /10
Danger

Opoforex

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.opoforex.com

Influence

C

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Score

Regulatory Index0.00

Business Index6.57

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

Single Core

1G

40G

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Broker Information

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Company Name

Opoforex

Company Abbreviation

Opoforex

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Warning: Low score, please stay away!
Previous Detection : 2025-01-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Opoforex · Company summary
Opoforex Review Summary
Founded2021-02-17
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex/Commodities/Stocks/Cryptocurrencies/Metals/Indices
Demo Account❌
LeverageUp to 1:2000
SpreadFrom 0 pip
Trading PlatformMT4/MT5/cTrader/TradingView(iOS/Android/Windows/macOS)
Min Deposit$100
Customer SupportPhone: +35724267200
Email: Support@Opoforex.com
Twitter/Facebook/Instagram/LinkedIn/Telegram
Live chat

Opoforex Information

Opoforex is a broker. The tradable instruments with a maximum leverage of 1:2000 include forex, commodities, stocks, cryptocurrencies, metals, and indices. The broker also provides four accounts for MetaTrader and provides three accounts for CTrader. The minimum spread is from 0 pip and the minimum deposit is $100. Opoforex is still risky due to its unregulated status and high leverage.

Opoforex Information

Pros and Cons

Pros Cons
Various tradable instrumentsUnregulated
MT4/MT5 availableHigh max leverage
Spread from 0 pip
Swap free

Is Opoforex Legit?

Opoforex is not regulated, making it less safe than regulated brokers.

Is Opoforex Legit?
Is Opoforex Legit?

What Can I Trade on Opoforex?

Opoforex offers over 300 trading instruments, including forex, commodities, stocks, cryptocurrencies, metals, and indices.

Tradable Instruments Supported
Forex✔
Commodities✔
Stocks✔
Cryptocurrencies✔
Metals✔
Indices✔
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on Opoforex?

Account Type

Opoforex has four account types for MetaTrader: Standard, Ecn Pro, ECN, Social Trade, and Prop. Traders who want low spreads can choose an ECN Pro account, while those with a small budget can open standard and ECN accounts. It also has three account types for Ctrader: ECN, ECNPLUS, and Copy. Traders who want low spreads can choose an ECNPLUS account, and those with a sufficient budget can also open an ECNPLUS account.

Account Type(Metatrader)StandardEcn ProECNSocial TradeProp
Minimum Deposit$100$5000$100$200(standard)/5000(pro)$1000
CommissionNo$4$6--
SpreadFrom 1.8 pipFrom 0 pipFrom 0.8 pip--
LeverageUp to 1:2000Up to 1:2000Up to 1:2000--
Swap free✔✔✔--
Account Type(Ctrader)ECNECNPLUSCopy
Minimum Deposit$200$5000$200
Commission$6$4No
SpreadFrom 1 pipFrom 0 pipFrom 2.2 pip
LeverageUp to 1:2000Up to 1:500Up to 1:500
Swap free✔✔✔

Opoforex Fees

The spread is from 0 pip. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:2000 meaning that profits and losses are magnified 2000 times.

Trading Platform

Opoforex cooperates with the authoritative MT4 and MT5 trading platforms and the propriety cTrader and TradingView trading platforms, which are available on iOS, Android, Windows, and macOS. Junior traders prefer MT4 over MT5. MT4 and MT5 provide various trading strategies and implement EA systems.

Traders with rich experience are more suitable for using MT5.

Trading PlatformSupported Available Devices Suitable for
MT4✔iOS/Android/Windows/macOSJunior traders
MT5✔iOS/Android/Windows/macOSExperienced traders
cTrader✔iOS/Android/Windows/macOS-
TradingView✔iOS/Android/Windows/macOS-
Trading Platform

Deposit and Withdrawal

The minimum deposit is $100. Opoforex accepts USDT(TRC20), Cryptocurrencies, Advcash, and Perfectmoney for deposit and withdrawal. The deposit processing times are instant and the withdrawal processing times are 24 hours, associated fees are charged.

PSP MethodMin Deposit AmountMax Deposit AmountProcessing TimeFees
USDT (TRC20)$1UnlimitedInstant-
Cryptocurrencies$15UnlimitedInstant-
Top Change$1UnlimitedInstant2.5%
Advcash$1UnlimitedInstant-
Perfectmoney$1UnlimitedInstant-
PSP MethodMin Deposit AmountMax Deposit AmountProcessing TimeFees
USDT (TRC20)$1Unlimited24H3-5$
Cryptocurrencies$10Unlimited24H3-5$
Advcash$1Unlimited24H2%
Perfectmoney$1$1000000024H-

User Reviews

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土豆4689
more than one year
Good customer service, lots of pairs to choose from and a good mt4 platform. I’m using copy trading which is one of the main reasons I use this broker, which is quite friendly for our new comers.
Good customer service, lots of pairs to choose from and a good mt4 platform. I’m using copy trading which is one of the main reasons I use this broker, which is quite friendly for our new comers.
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2022-12-14 16:05
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糖铃
more than one year
An excellent broker, I had an issue with my logins, I had forgotten the server name and Thomas took me through the process, which I was much appreciative.
An excellent broker, I had an issue with my logins, I had forgotten the server name and Thomas took me through the process, which I was much appreciative.
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2022-12-11 16:34
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