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OpenTrading Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-09 18:04

Abstract:OpenTrading is a broker with more than 10 years of experience in the online trading business. The tradable instruments include CDFs on forex, shares, commodities, index, cryptocurrencies, ETFs, and ADRs. The broker also provides a demo account and a live account. OpenTrading is still risky due to its unregulated status.

OpenTradingReview Summary
Founded2016-12-18
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex/Shares/Commodities/Index/Cryptocurrency/ETFs/ADRs
Demo Account✅
Leverage/
Spread/
Trading PlatformMT5(PC/iOS/iMac/Android/Web)
Min Deposit/
Customer SupportEmail: info@opentrading.org
Facebook/Twitter/Instagram

OpenTrading Information

  OpenTrading is a broker with more than 10 years of experience in the online trading business. The tradable instruments include CDFs on forex, shares, commodities, index, cryptocurrencies, ETFs, and ADRs. The broker also provides a demo account and a live account. OpenTrading is still risky due to its unregulated status.

OpenTrading Information

Pros and Cons

Pros Cons
Demo account availableUnregulated
24/5 customer supportUnspecific fees information
MT5 available
Various tradable instruments

Is OpenTrading Legit?

  OpenTrading is not regulated, even though it claims to be regulated by FSC. However, an unregulated broker is not as safe as a regulated one.

Is OpenTrading Legit?
Is OpenTrading Legit?
Is OpenTrading Legit?

What Can I Trade on OpenTrading?

  OpenTrading offers a wide range of market instruments, including CDFs on forex, shares, commodities, index, cryptocurrency, ETFs, and ADRs.

Tradable Instruments Supported
Forex✔
Shares✔
Commodities✔
Index✔
Cryptocurrency✔
ETF's✔
ADR's✔
Precious Metals❌
Stocks❌
Bonds❌
Mutual Funds❌
What Can I Trade on OpenTrading?

Account Type

  OpenTrading has two account types: a demo account and a live account. The demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Account Type Supported
Demo account✔
Live account✔
Account Type

Trading Platform

  OpenTrading cooperates with the authoritative MT5 trading platform available on PC, iOS, iMac, Android, and Webto trade. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.

Trading PlatformSupported Available Devices
MT5✔PC/iOS/iMac/Android/Web
Trading Platform

Customer Support Options

  OpenTrading provides 24/5 customer support. Traders can communicate via email instead of phone, decreasing consulting efficiency.

Contact Options Details
Email info@opentrading.org
Social Media Facebook/Twitter/Instagram
Supported Language Spanish/English
Website Language Spanish/English

  

Related broker

No Regulation
OpenTrading
Company name:Opentrading Group LTD
Score
1.54
Website:https://opentrading.org/?lang=en
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.54

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