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Opti Trade Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-10 16:45

Abstract:Founded in 2024, Opti Trade is an unregulated brokerage company based in the UK. The company offers more than 65 tradable instruments with three different types of accounts.

Opti Trade Review Summary
Founded2024
Registered Country/RegionUnited Kingdom
RegulationNo Regulation
Market Instruments65+ Tradable Instruments, Forex, Indices, Commodities, Cryptocurrencies, Precious Metals
Demo Account❌
LeverageUp to 1:200
SpreadFrom 0.0 pips
Trading Platforms/
Minimum Deposit$250
Customer SupportPhone: +441863440209
Email: support@opti-trade.com
Address: 30 Douglas Road, Liverpool, Merseyside, United Kingdom, L4 2RQ

Opti Trade Information

  Founded in 2024, Opti Trade is an unregulated brokerage company based in the UK. The company offers more than 65 tradable instruments with three different types of accounts.

Opti Trade's homepage

Pros and Cons

Pros Cons
Diverse instrumentsNo regulation
Flexible leverage ratiosNo demo accounts
Competitive spreadsLack of info on trading platforms
Multiple payment methods

Is Opti Trade Legit?

No license

  Opti Trade currently lacks valid regulation. Its domain was registered on May 1, 2024. Though the current status is “ok”, we advise you to pay attention to the safety of your funds if you choose this broker.

Domain information

What Can I Trade on Opti Trade?

  You can trade with more than 65 instruments, such as Forex, Indices, Commodities, Cryptocurrencies, and Precious Metals.

Tradable Instruments Supported
Forex✔
CFDs❌
Commodities✔
Indices✔
Cryptocurrencies✔
Precious Metals✔
Shares❌
ETFs❌
What Can I Trade on Opti Trade?

Account Type

  Opti Trade provides the standard account, premium account, pro account, and turbo account. You can find detailed info for each account type on the screenshots below. One point that needs to note is that Opti Trade does not offer demo accounts.

Account comparison
Account comparison

Leverage

  The Standard and Premium Accounts provide higher leverage of 1:200, and the Pro and Turbo Accounts offer leverage of 1:100. While higher leverage can expand profits, it also increases the risk of losses.

Deposit and Withdrawal

  You can start trading using those funding methods: Perfect Money, Mastercard, Visa, Bitcoin, Tether, and Litecoin.

Funding methods

Customer Service

Contact Options Details
Phone +441863440209
Email support@opti-trade.com
Online Chat ❌
Contact Form❌
Social Media ❌
Supported Language English, Russian, Italian
Website Language English
Physical Address 30 Douglas Road, Liverpool, Merseyside, United Kingdom, L4 2RQ

The Bottom Line

  Opti Trade offers a diverse range of trading instruments and flexible leverage options, but lacks regulation and does not offer demo accounts. It may be suitable for experienced traders, but for most investors, especially beginners, choosing a regulated broker would be more prudent.

FAQs

  Is Opti Trade good for beginners?

  No, Opti Trade isn't ideal for beginners because of the lack of regulation and no demo accounts for practice.

  Is Opti Trade good for day trading?

  It could be suitable for day traders who value a wide range of instruments and flexible leverage ratios.

  Is it safe to trade with Opti Trade?

  No, because it's unregulated.

Related broker

No Regulation
Opti Trade
Company name:Opti Trade
Score
1.24
Website:https://opti-trade.com/
1-2 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.24

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