OPCMarkets Forex Broker

Note: OPCMarkets's official website - https://www.opcmarkets.com/ is currently inaccessible normally.OPCMarkets Review SummaryFounded2020Registered Country/RegionCyprusRegulationCySEC (suspicious clone)Market InstrumentsBonds, commodities, currency pairs, cryptocurrencies, ETFs, indices, IPOs and stocksDemo Account/LeverageUp to 1:300EUR/USD SpreadFrom 0.6 pipsTrading PlatformProprietary platformMin Deposit$100Customer SupportTel: 35722030585148 Strovolos Avenue, 2048, Strovolos, P.O.Box 28132, Nicosia, Cyprus OPCMarkets was registered in 2020 in Cyprus. On its platform, customers can trade bonds, commodities, currency pairs, indices, and so on. The minimum deposit is $100, and the leverage can be up to 1:300. However, it should be noted that it only holds a suspicious clone CySEC license, which means potential risks may exist.Pros and ConsPros Cons Diverse tradable assetsInaccessible websitePopular payment optionsSuspicious clone CySEC licenseInactivity fee chargedNo MT4 or MT5Is OPCMarkets Legit? No, it only holds a suspicious cloneCySEC license. Besides, its domain status shows that activities such as client transferring and updating are prohibited. Therefore, please be aware of the potential risks!Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense No.Cyprus Securities and Exchange Commission (CySEC)Suspicious CloneSafecap Investments LtdMarket Making (MM)092/08What Can I Trade on OPCMarkets? OPCMarkets provides several types of products, including bonds, commodities, currency pairs, cryptocurrency, ETFs, indices, IPOs, and stocks.Tradable Instruments Supported Bonds✔Commodities✔Currency Pairs✔Cryptocurrencies✔ETFs✔Indices✔IPOs✔Stocks✔Options❌Leverage The leverage can be up to 1:300. Please keep in mind that high leverage may magnify potential profits but can also increase risks.OPCMarkets FeesAssetSpreadUS crude oil$0.03Nat gas0.3 pipsEUR/USDFrom 0.6 pipsGermany 30 indiceFrom 0.08 pipsInactivity Fee $10 per monthTrading Platform OPCMarkets uses its own trading platform, and it does not support MT4 or MT5.Trading PlatformSupported Available Devices Suitable forProprietary platform✔Mobile/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal OPCMarkets supports several types of payment options, including Visa, Mastercard, PayPal, Fast bank transfer, skrill and Netelller.