Opsontechfx foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://twcav.com/#/user/register?code=T00001, about the company's legal and temporary regulatory information, the company's address .
Opsontechfx, officially known as Opson International Technology Services Co., Limited, was established approximately 2 to 5 years ago. The company is headquartered in Hong Kong and operates primarily in the forex trading sector. Opsontechfx is privately owned and aims to cater to a diverse clientele, including retail traders, institutional investors, and beginners in the trading market.
The broker offers a variety of trading options, with a focus on foreign exchange, commodities, and indices. Throughout its operational history, Opsontechfx has aimed to provide advanced trading technology and a user-friendly experience, although specific milestones in its development remain unclear due to limited transparency.
The business model of Opsontechfx revolves around retail forex trading, allowing clients to engage in various financial instruments. However, the lack of detailed information regarding its operational history raises questions about the overall credibility and reliability of the services it provides.
The first mention of the Opsontechfx broker indicates its intent to provide a comprehensive trading platform for various types of traders, but further exploration reveals a lack of clarity in several operational aspects.
Opsontechfx is currently not regulated by any specific financial authority. This absence of regulation is a significant concern for potential investors, as it raises doubts about the safety and security of their funds. According to various sources, the broker does not have any valid regulatory licenses, and its previous Australian appointed representative status has been revoked.
The main regulatory bodies that oversee forex trading include:
However, Opsontechfx does not appear under any of these regulatory authorities, indicating a lack of oversight. The broker's failure to provide a customer fund segregation policy further exacerbates concerns regarding the safety of client deposits.
Additionally, there is no evidence of the broker participating in any investor compensation schemes, which generally provide a safety net for traders in the event of a broker default. The absence of Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures also poses a risk, as these are standard practices that help ensure the legitimacy of trading activities.
The overall lack of regulatory oversight and compliance measures suggests a high potential risk associated with trading through Opsontechfx.
Opsontechfx offers a diverse range of trading products, primarily focusing on forex trading. The broker provides access to a variety of currency pairs, including major, minor, and exotic pairs. Although specific numbers are not disclosed, the broker claims to offer a comprehensive selection of trading instruments.
In addition to forex, Opsontechfx includes the following categories of Contracts for Difference (CFDs):
The frequency of product updates and the introduction of new instruments remain unclear, as Opsontechfx does not provide detailed information on these aspects. The absence of educational resources and market analysis tools for retail traders suggests that Opsontechfx may not be well-equipped to support novice traders, which is a critical component of a successful trading environment.
Opsontechfx utilizes the MetaTrader 5 (MT5) trading platform, a widely recognized platform known for its advanced features and user-friendly interface. This platform supports various trading styles and is compatible with multiple devices, including desktops and mobile devices.
The capabilities of MT5 include:
However, there is no indication that Opsontechfx provides a proprietary trading platform, which could limit the flexibility and options available to traders. The execution model employed by Opsontechfx remains unspecified, leaving potential clients uncertain about how trades are processed.
The server locations and technological infrastructure supporting the trading operations are also not disclosed, which could lead to concerns regarding the reliability and speed of trade executions. Furthermore, the absence of API integration for automated trading solutions may deter algorithmic traders.
Opsontechfx does not explicitly outline the various account types available to its clients, which is a significant drawback for potential investors. While it is common for brokers to offer multiple account tiers (e.g., standard, VIP, professional), Opsontechfx fails to provide this information.
The following trading conditions are typically expected from brokers:
The lack of a demo account policy further complicates matters for traders who wish to familiarize themselves with the platform before committing real funds. Overall, the absence of clear information regarding account types and trading conditions raises red flags about the transparency of Opsontechfx.
Opsontechfx does not provide clear information on the supported deposit methods. Typically, brokers offer various options, including bank transfers, credit cards, and electronic wallets. However, the minimum deposit requirements for different account types are also unspecified.
The deposit processing time is not mentioned, which can lead to uncertainty for traders looking to fund their accounts quickly. Additionally, the broker does not disclose any deposit fees, which can affect the overall cost of trading.
Withdrawal methods and any associated restrictions are similarly vague. The processing time for withdrawals remains unclear, and the lack of a refund policy raises concerns for clients who may wish to reclaim their funds. The absence of a transparent fee structure for withdrawals could further complicate the fund management process for traders.
Opsontechfx claims to offer 24/7 customer support through live chat, but there is no mention of additional contact channels such as email or telephone support. This limited accessibility may hinder effective communication and assistance for traders experiencing issues.
The broker does not specify the languages supported, which could be a barrier for non-English speaking clients. Furthermore, the absence of educational resources, such as webinars, tutorials, or e-books, suggests that Opsontechfx may not prioritize trader education.
Market analysis services, including daily analysis, news updates, and research reports, are not provided, which is essential for traders looking to make informed decisions. The lack of trading tools, such as calculators and signal services, further indicates a deficiency in the support offered to clients.
Opsontechfx primarily serves the global market, with a focus on regions such as Asia, Europe, and North America. However, specific details about regional offices or local presence are not disclosed, which could impact trust and reliability.
While Opsontechfx does not explicitly state which countries it does not accept clients from, the absence of regulatory oversight suggests that traders from jurisdictions with strict financial regulations should exercise caution when considering this broker.
In conclusion, while Opsontechfx presents itself as a forex broker offering diverse trading opportunities, the lack of regulatory compliance, transparency in operations, and clarity in trading conditions raises significant concerns. Potential traders are advised to conduct thorough research and consider the risks associated with trading through unregulated brokers.
The information provided in this guide serves to inform potential clients about Opsontechfx broker and the associated risks, emphasizing the importance of making informed decisions in the forex trading landscape.
Junichi Iwami
Japan
On June 6, 2022, I paid a withdrawal fee of JPY 250,000 to withdraw USD 24,801.69 from Opson's MT5 account. On June 7th, customer service said that there are currently 36,857 withdrawal applicants, so you have to wait patiently, but if you pay an additional allowance of 88,888 yen, you can withdraw within 30 minutes, so additional allowances will be made. I paid 88,888 yen, but I still can't withdraw money after more than a month.
Exposure
2022-07-18
FX4014759757
United States
They completely become rude when you stop showing signs of adding more funds, when it was time to take profit the company refused to give my money back. After a while, my money was repossessed from them through fintrack/ org authority They brought me to the realization that Opsontech is not regulated and was out to take every penny I had.
Exposure
2022-07-04
感恩有你40933
Taiwan
Liars will not admit that they lied to others, they will defraud you, and then intimidate you... Don't talk! This is the conversation I had with him and the sudden disappearance of Pyeongchang from MT5. He still has an indifferent attitude.
Exposure
2022-07-19