Score
Saint Vincent and the Grenadines
|
2-5 years
| https://www.opoforex.com/
Website
Rating Index
Influence
C
Influence index NO.1
Finland 3.26
LicensesNo valid regulatory information, please be aware of the risk!
Saint Vincent and the Grenadines
opoforex.com United States| Opoforex Review Summary | |
| Founded | 2021-02-17 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex/Commodities/Stocks/Cryptocurrencies/Metals/Indices |
| Demo Account | ❌ |
| Leverage | Up to 1:2000 |
| Spread | From 0 pip |
| Trading Platform | MT4/MT5/cTrader/TradingView(iOS/Android/Windows/macOS) |
| Min Deposit | $100 |
| Customer Support | Phone: +35724267200 |
| Email: Support@Opoforex.com | |
| Twitter/Facebook/Instagram/LinkedIn/Telegram | |
| Live chat | |
Opoforex is a broker. The tradable instruments with a maximum leverage of 1:2000 include forex, commodities, stocks, cryptocurrencies, metals, and indices. The broker also provides four accounts for MetaTrader and provides three accounts for CTrader. The minimum spread is from 0 pip and the minimum deposit is $100. Opoforex is still risky due to its unregulated status and high leverage.
| Pros | Cons |
| Various tradable instruments | Unregulated |
| MT4/MT5 available | High max leverage |
| Spread from 0 pip | |
| Swap free |
Opoforex is not regulated, making it less safe than regulated brokers.
Opoforex offers over 300 trading instruments, including forex, commodities, stocks, cryptocurrencies, metals, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Opoforex has four account types for MetaTrader: Standard, Ecn Pro, ECN, Social Trade, and Prop. Traders who want low spreads can choose an ECN Pro account, while those with a small budget can open standard and ECN accounts. It also has three account types for Ctrader: ECN, ECNPLUS, and Copy. Traders who want low spreads can choose an ECNPLUS account, and those with a sufficient budget can also open an ECNPLUS account.
| Account Type(Metatrader) | Standard | Ecn Pro | ECN | Social Trade | Prop |
| Minimum Deposit | $100 | $5000 | $100 | $200(standard)/5000(pro) | $1000 |
| Commission | No | $4 | $6 | - | - |
| Spread | From 1.8 pip | From 0 pip | From 0.8 pip | - | - |
| Leverage | Up to 1:2000 | Up to 1:2000 | Up to 1:2000 | - | - |
| Swap free | ✔ | ✔ | ✔ | - | - |
| Account Type(Ctrader) | ECN | ECNPLUS | Copy |
| Minimum Deposit | $200 | $5000 | $200 |
| Commission | $6 | $4 | No |
| Spread | From 1 pip | From 0 pip | From 2.2 pip |
| Leverage | Up to 1:2000 | Up to 1:500 | Up to 1:500 |
| Swap free | ✔ | ✔ | ✔ |
The spread is from 0 pip. The lower the spread, the faster the liquidity.
The maximum leverage is 1:2000 meaning that profits and losses are magnified 2000 times.
Opoforex cooperates with the authoritative MT4 and MT5 trading platforms and the propriety cTrader and TradingView trading platforms, which are available on iOS, Android, Windows, and macOS. Junior traders prefer MT4 over MT5. MT4 and MT5 provide various trading strategies and implement EA systems.
Traders with rich experience are more suitable for using MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | iOS/Android/Windows/macOS | Junior traders |
| MT5 | ✔ | iOS/Android/Windows/macOS | Experienced traders |
| cTrader | ✔ | iOS/Android/Windows/macOS | - |
| TradingView | ✔ | iOS/Android/Windows/macOS | - |
The minimum deposit is $100. Opoforex accepts USDT(TRC20), Cryptocurrencies, Advcash, and Perfectmoney for deposit and withdrawal. The deposit processing times are instant and the withdrawal processing times are 24 hours, associated fees are charged.
| PSP Method | Min Deposit Amount | Max Deposit Amount | Processing Time | Fees |
| USDT (TRC20) | $1 | Unlimited | Instant | - |
| Cryptocurrencies | $15 | Unlimited | Instant | - |
| Top Change | $1 | Unlimited | Instant | 2.5% |
| Advcash | $1 | Unlimited | Instant | - |
| Perfectmoney | $1 | Unlimited | Instant | - |
| PSP Method | Min Deposit Amount | Max Deposit Amount | Processing Time | Fees |
| USDT (TRC20) | $1 | Unlimited | 24H | 3-5$ |
| Cryptocurrencies | $10 | Unlimited | 24H | 3-5$ |
| Advcash | $1 | Unlimited | 24H | 2% |
| Perfectmoney | $1 | $10000000 | 24H | - |
Opoforex provides access to MT4, MT5, cTrader, and TradingView. Personally, I prefer MT5 due to its advanced features like additional timeframes and more charting tools. I also like that Opoforex provides TradingView for analyzing markets with an easy-to-use web platform. Before starting, I’d make sure that the login process is seamless for whichever platform I choose.
Withdrawals with Opoforex typically take 24 hours, which I find relatively quick. However, I would want to make sure there are no extra withdrawal fees that could eat into my profits. When I log into Opoforex, I’d double-check the withdrawal method and fees to avoid any surprises.
Opoforex offers leverage up to 1:2000, which is incredibly high. While high leverage can lead to significant profits, it also carries substantial risk, especially with an unregulated broker. When logging into Opoforex, I would consider how much leverage I’m comfortable with and ensure I manage risk carefully.
Opoforex doesn’t charge fees for deposits via methods like USDT (TRC20) and cryptocurrencies, which is great. However, for withdrawals, they charge fees ranging from $3 to $5, depending on the method. I would ensure that I check the fees before withdrawing, and when logging into my account, I’d review any withdrawal-related details to avoid surprises.
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