OpenTrading

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

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.

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.

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.

Customer Support Options

OpenTrading provides 24/5 customer support. Traders can communicate via email instead of phone, decreasing consulting efficiency.