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For more information about Open Forex Forex Broker company profile, come to WikiBit!

Rating Index

Pros

User-friendly trading platform (MT4) for a smooth trading experience.
Access to a variety of financial instruments including forex, CFDs, commodities, and indices.
Low minimum deposit requirement to start trading.

Cons

Unregulated status raises concerns about safety and security for clients.
Limited operational history as the broker is relatively new, having been established in 2022.
No insurance for client funds, increasing risk for traders.