OpenTrading
Abstract：OpenTrading is a broker with more than 10 years of experience in the online trading business. The tradable instruments include CDFs on forex, shares, commodities, index, cryptocurrencies, ETFs, and ADRs. The broker also provides a demo account and a live account. OpenTrading is still risky due to its unregulated status.
| OpenTradingReview Summary | |
| Founded | 2016-12-18 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex/Shares/Commodities/Index/Cryptocurrency/ETFs/ADRs |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | MT5(PC/iOS/iMac/Android/Web) |
| Min Deposit | / |
| Customer Support | Email: info@opentrading.org |
| Facebook/Twitter/Instagram | |
OpenTrading Information
OpenTrading is a broker with more than 10 years of experience in the online trading business. The tradable instruments include CDFs on forex, shares, commodities, index, cryptocurrencies, ETFs, and ADRs. The broker also provides a demo account and a live account. OpenTrading is still risky due to its unregulated status.
Pros and Cons
| Pros | Cons |
| Demo account available | Unregulated |
| 24/5 customer support | Unspecific fees information |
| MT5 available | |
| Various tradable instruments |
Is OpenTrading Legit?
OpenTrading is not regulated, even though it claims to be regulated by FSC. However, an unregulated broker is not as safe as a regulated one.
What Can I Trade on OpenTrading?
OpenTrading offers a wide range of market instruments, including CDFs on forex, shares, commodities, index, cryptocurrency, ETFs, and ADRs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Shares | ✔ |
| Commodities | ✔ |
| Index | ✔ |
| Cryptocurrency | ✔ |
| ETF's | ✔ |
| ADR's | ✔ |
| Precious Metals | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
OpenTrading has two account types: a demo account and a live account. The demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.
| Account Type | Supported |
| Demo account | ✔ |
| Live account | ✔ |
Trading Platform
OpenTrading cooperates with the authoritative MT5 trading platform available on PC, iOS, iMac, Android, and Webto trade. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | PC/iOS/iMac/Android/Web |
Customer Support Options
OpenTrading provides 24/5 customer support. Traders can communicate via email instead of phone, decreasing consulting efficiency.
| Contact Options | Details |
| info@opentrading.org | |
| Social Media | Facebook/Twitter/Instagram |
| Supported Language | Spanish/English |
| Website Language | Spanish/English |
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