Abstract:OPCMarkets is an online forex and CFDs broker, solely and exlusively operated by Safecap investmnets Limited, located in Nicosia, Cryprus. OPCMarkets is now authorized and licensed by CySEC, with registration number 092/18.
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.