60op Spreads, leverage, minimum deposit Revealed

　　Note: 60op's official website: https://www.60op.com is currently inaccessible normal.

　　60op is owned and operated by two companies, one of which is located in the Marshall Islands and the other in Bulgaria. The Bulgarian legit entity is simply a “marketing company” serving offshore brokers. 60op is not currently subject to any effective regulation.

Pros and Cons

Is 60op Legit?

　　No, 60op is currently an unregulated broker, which means that the safety of clients' funds and trading activities on the 60op platform are not protected in any way compared to those brokers that are strictly regulated.

What Can I Trade on 60op?

Account Type

　　60op offers only one account type: Standard, with a minimum deposit requirement of $100.

Leverage

　　The leverage of 60op is capped at 1:200. Note that high returns and high losses always result from high leverage.

Spread

　　60op's spread fluctuates around 1.8-2.0 pips on EUR/USD pair, which is higher than the average spreads (1.5 pips) offered by other traders.

Other Fees

　　There is a dormant account fee of $60 monthly needing to be charged after half a year.

Trading Platform

　　60op offers traders a browser-based online trading platform - Greating Charting - a trading platform with a charting package that allows traders to use all analytical tools and indicators and is a software solution used by many brokers & cryptocurrency exchanges.

Deposit and Withdrawal

　　60op can be deposit or withdraw via Visa, Credit Card, MasterCard, Maestro, Bank wire, Skrill, Neteller.