Abstract: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.
Note: FXOPAL' official website: https://fxopal.com/ is currently inaccessible normally.
FXOPAL Review Summary | |
Founded | 2020 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Unregulated |
Market Instruments | 36 currency pairs, Metals, CFD, Stocks, Cryptocurrencies |
Demo Account | ✅ |
Leverage | Up to 1:1000 |
Spread | From 1.5 pips (Basic account) |
Trading Platform | MT5 |
Min Deposit | $100 |
Customer Support | Phone: +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.
Pros | Cons |
Wide range of trading instruments | No regulation |
MT5 available | Inaccessible website |
Flexible leverage ratios |
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.
FXOPAL offers 36 currency pairs, metals, CFDs, stocks, and cryptocurrencies.
Tradable Instruments | Supported |
Forex | ✔ |
CFDs | ✔ |
Metals | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
Commodities | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
FXOPAL offers three types of live accounts - Basic, ECN and Plus accounts.
Account Type | Min Deposit |
Basic | $100 |
Plus | $500 |
ECN | $10,000 |
Account Type | MaxLeverage |
Basic | 1:1000 |
Plus | 1:500 |
ECN | 1:300 |
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.
Account Type | Spread |
Basic | 1.5 pips |
Plus | 2.5 pips |
ECN | 0.9 pips |
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 Platform | Supported | Available Devices | Suitable for |
MT4 | ❌ | / | Beginners |
MT5 | ✔ | Desktop, mobile, web | Experienceds |
CLS Global, a cryptocurrency financial services firm based in the United Arab Emirates, pleaded guilty to fraud-related charges.
The SEC warns against Ecomamoni’s unauthorized investment schemes, citing false claims, Ponzi-like features, and high public risks.
The UK Financial Conduct Authority (FCA) has granted Archax the authority to approve financial promotions for unauthorised cryptocurrency firms.
Donald Trump has taken an unexpected step into the cryptocurrency market ahead of his January 20 inauguration by launching a memecoin named $TRUMP. The announcement sparked significant speculation and trading activity, with the coin’s value skyrocketing within hours of its debut.