Opoforex Review
Opoforex is a well-established broker since 2021. Opoforex has a headquarter in Saint Vincent and Grenadines. It is are generally well-suited for Opoforex to provide their Forex/CFD trading services to global clients.
This broker has also been regulated by The Financial Commission 07.06.2021.
Company Information
Website
www.opoforex.com
Established
2021
Country
Saint Vincent and Grenadines
Regulation
The Financial Commission, 07.06.2021
Features
Trailing stop
Pending orders
One-click trading
Mobile trading
Automated trading
Account Information
Apart from the forex demo account, this broker offers Standard, ECN Pro and ECN. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Opoforex is up to 1:500. Meanwhile, you can open an account with a starting capital of $100.
Minimum Deposit
$100
Maximum Leverage
1:500
Spread
Fixed and Variable
Commission
$6
If you want to look for a more simple explanation regarding this broker's account type(s), take a loot at the following chart:
Minimum Deposit $100
Minimum Position 0.01 lot
Spread Fixed
Scalping
Expert Advisors
Hedging
Trailing stop
Pending orders
One-click trading
Mobile trading
Automated trading
Instruments Traded
Besides lots of currency pair, Opoforex also offers some instruments you would like to trade on, such as Forex, CFD, Indexes and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Standard account, Opoforex specifically provides it with the following instruments and leverage:
Minimum Deposit $10000
Minimum Position 0.01 lot
Spread Fixed
Scalping
Expert Advisors
Instruments Traded
Besides lots of currency pair, Opoforex also offers some instruments you would like to trade on, such as Forex, CFD, Indexes and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for ECN Pro account, Opoforex specifically provides it with the following instruments and leverage:
Minimum Deposit $100
Minimum Position 0.01 lot
Spread Variable
Scalping
Expert Advisors
Hedging
Trailing stop
Pending orders
One-click trading
Mobile trading
Automated trading
Instruments Traded
Besides lots of currency pair, Opoforex also offers some instruments you would like to trade on, such as Forex, CFD, Indexes and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for ECN account, Opoforex specifically provides it with the following instruments and leverage:
Payment Methods
Bitcoin : As a payment method, Bitcoin is reliable for its low cost and quick process. Brokers have been integrating Bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Opoforex also provides payment with Tether (USDT), Ripple, Perfect Money, NEO, Monero, Litecoin, Ethereum, Dash and Credit/debit cards
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, Opoforex offers you MetaTrader 4.
Customer Support
Do you have any question or find any trouble related to Opoforex? If you do, you should reach Opoforex's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office
Support
Email
Support
Call
Support
Chat
Support
FAQ About Opoforex
Is Opoforex a good broker?
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Opoforex is a good broker for you or not by reviewing the criteria. In general, Opoforex provides trading service in Forex , CFD , Indexes and Cryptocurrencies . As for the payment methods, you can choose between Bitcoin, Credit/debit cards, Dash, Ethereum, Litecoin, Monero, NEO, Perfect Money, Ripple, Tether (USDT) and Wire transfer. The customer support is available via Email, Live chat and Phone.
What is the minimum deposit for Opoforex?
The starting capital in Opoforex is $100.
Is Opoforex regulated?
Opoforex is regulated by The Financial Commission 07.06.2021. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Is Opoforex legit?
Opoforex is a brokerage company offering trading services for clients since 2021 with offices in Saint Vincent and Grenadines.
