Global Broker Regulation Inquiry App
About WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

Opofinance

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 2-5 years |
ECN Account Regulated in South Africa | Derivatives Trading License (EP) | MT4 Full License | High Potential Risk | Offshore Regulation

http://www.opofinance.com/en

Website

Rating Index

MT4/5 Verification

MT4/5

Full License

OpogroupLLC-Real1

Netherlands
Netherlands
MT4
18

Influence

B

Influence Index NO.1

Germany Germany 3.59
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

MT4/5 Verification

MT4/5 Verification

Full License

18
Server Name
OpogroupLLC-Real1MT4
Server LocationNetherlandsNetherlands

Influence

Influence

B

Influence Index NO.1

Germany Germany 3.59
Surpassed 47.40% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+44 7312763042
http://www.opofinance.com/en
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines
WikiFX Risk Alerts
  • WikiFX has recorded a total of 8 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
2-5 years
Company Name
Opo Group LLC
Abbreviation
Opofinance
Employees
--
Email
support@opofinance.com
Contact Number
+447312763042
Address
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines
FX1093903482

FX1093903482

Unverified

Netherlands

I think OPO FINANCE is a scam. All their services were good until I was losing money, but when I was making a profit with a bot, they closed my trades at a loss and gave me a loss of about $2,300 under the pretext of preventing infrastructure damage, even though I did nothing illegal to the best of my knowledge that they had the right to close my positions at a loss. Then when I asked them the reason many times, they did not provide any explanation from email or support, and then they completely deleted all my accounts and user account. Be very careful, friends.

Exposure

FX3952367275

FX3952367275

Unverified

Turkey

Warning: Do NOT Use This Broker! I am writing this to warn everyone — never use this broker. I deposited my money, and now I can’t withdraw it. Every time I try, they come up with excuses and delays. It feels like a scam. They are just finding ways to keep your money and avoid giving it back. This broker is completely untrustworthy. They are dishonest, manipulative, and offer no real support when you face issues. I’ve been hurt by this and I don’t want anyone else to go through the same pain. Once they take your money, they act like it’s theirs. This is the worst broker I’ve ever dealt with. Stay away from them — don’t let them steal your money like they did mine. Be smart. Protect yourself. Use a broker that is regulated, transparent, and trusted — not this one.

Exposure

Rahman3741

Rahman3741

Unverified

India

Hello, be careful with your capital in Opo Finance. This broker is a B-book and they make profits by call margin traders. No one is responsible for their problems. This company misleads traders with incorrect daily reports. They open trades themselves and withdraw money whenever they want. They can manually control and limit withdrawals. This is part of the problems that I experienced. They do not have a specific office and no user can complain. This is my ID number in Apo In this image, even though all my trades were hedges and according to the image, I had no negative swaps, my equity was deducted every day. I contacted the support, account manager, and support, but no one knew the reason, and in the end, the broker Call margin my acc

Exposure

arashfx

arashfx

Unverified

Turkey

copy trading on OPO is really usefull. still learning the market so following experienced traders has helped me alot. platform makes the whole thing easy to manage

Positive

Positive

FX3560885560

FX3560885560

Unverified

Turkey

I'm new to forex but OPO made it very easy to get started. minimum deposit is low and the interface isn't overwhelming. support team was helpful when i had questions

Positive

Positive

FX2085344816

FX2085344816

Unverified

Turkey

solid broker zero issues. been 5 months, many deposits and withdrawals, all smooth. would defenitely recommend OpoFinance to any trader out there.

Positive

Positive

FX1706042185

FX1706042185

Unverified

Turkey

first withdrawal with Opo came through in under 24 hours. I was honestly surpised because ive had bad experiences with other brokers before. totaly different experience here

Positive

Positive

FX2213074658

FX2213074658

Unverified

Turkey

OPO is properly regulated and that was the first thing i checked before depositing. knowing my funds are with a regulated broker gives alot of confidence. no issues at all

Positive

Positive

FX3888493808

FX3888493808

Unverified

Turkey

i been with Opo since last year and never had a single problem. everything just works the way it should. deposits go in fast and trading is smooth

Positive

Positive

FX1178289932

FX1178289932

Unverified

United Kingdom

been using opo for few months now and everythig runs smoothly. deposits and withdrawals have no issues at all. really happy with this broker so far

Positive

Positive

FX5776303562

FX5776303562

Unverified

Turkey

Opo does exactly what a broker should do without any fuss. The platform runs well, orders go through quickly, and I have not had any headaches. Sometimes that is all you really need from a broker.

Positive

Positive

Maria za

Maria za

Unverified

Netherlands

I’ve had a great experience working with Spered. Their platform is user-friendly, the support team is always available, and deposits and withdrawals are fast and reliable. As someone active in the forex market, Spered has been one of my best choices.

Positive

Positive

FX2859746190

FX2859746190

Unverified

Turkey

The withdrawal took less than an hour. Surprisingly, the spreads do not get wider even during news time. The Opopotrade section is so helpful. I saw some comments, but I had the opposite experience 😏. For me, it was good and trustworthy.

Positive

Positive

FX1853200872

FX1853200872

Unverified

Turkey

Been working with their application for a while, it's smooth and has trading view charts and assets. Their customer support is fast and responsive as well, totally recommended

Positive

Positive

Dakshak

Dakshak

Unverified

India

I strongly advise against using this platform. Despite completing the required 25 lots on their $100 no-deposit bonus over three weeks ago, my withdrawal request remains unprocessed. Their customer support provides no clear answers, repeatedly stating that my account is under review without offering a timeline or resolution. This lack of transparency and accountability is deeply concerning and suggests the platform is not trustworthy. My experience has been frustrating, with unmet promises and poor communication. If you value your time and resources, I recommend avoiding this platform and seeking a more reliable and reputable service provider instead.

Exposure

UnknownParticle

UnknownParticle

Unverified

India

Do not waste your valuable time. This platform appears to be fraudulent. It has been over two weeks since I completed 25 lots on their $100 no-deposit bonus (NDB), yet they have failed to process my withdrawal request. Their customer support is unresponsive and unhelpful, repeatedly stating that my account is under review.

Exposure

1233294

1233294

Unverified

Nigeria

It has really stepped up my trading with the Opo Social Trade feature. Copying trades from experienced traders has given me insights and boosted my confidence. It's great to learn from the pros and even mirror their success directly in my account. If you're looking to leverage expert strategies, Opofinance is worth checking out!

Positive

Positive

james46643

james46643

Unverified

Hong Kong

The first liquidation, they said it was a normal situation. The second profit, they said no, the single to be deleted. The same time period my friend and I traded together, he slipped a loss, it did not return, and did not say that it is a violation. The platform is unscrupulous.

Exposure

MOHAMMED ‎Qali

MOHAMMED ‎Qali

Unverified

Turkey

The problem of withdrawing profits under the pretext of using a fraud company robot. ‏Please pay attention

Exposure

MOHAMMED ‎Qali

MOHAMMED ‎Qali

Unverified

Turkey

I won a high amount I requested a withdrawal They don't accept my request and my account is closed

Exposure

Visal

Visal

Unverified

Singapore

Overall, based on the information available, Opofinance appears to be a reputable and reliable online trading platform that provides a range of tools and resources to help traders succeed. As such, I would give Opofinance a five-star rating.

Positive

Positive

黎明不懂沙皮狗的忧伤

黎明不懂沙皮狗的忧伤

Unverified

Philippines

Yes, I love this platform! $100 is enough for me to open a standard account, and I have a wide range of trading assets. Zero-commission trading environment is more suitable for me, only spreads calculated. Opofinance’s customer support is also responsive, always available to help you. An excellent broker. I’ve ready opened an account two days ago, so far so good.

Positive

Positive

乗聿夆

乗聿夆

Unverified

United States

Very pleasant trading experience! There are no commissions, the spread is very low, and the product range is very wide! I made a lot of money from copy trading! Great broker!

Positive

Positive

23
Account Info
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Trading Strategy
Business Region
Verified Site
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News
Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT4
Full License MT5
Full License MT5
2
MT4 Servers
1
MT5 Servers
182.12
velocityIcon
Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 4
Meta Trader 4
Perfect
Meta Trader 5
Meta Trader 5
Perfect
cTrader Software
2
All 2
iOS 1
Android 1
logo
cTrader: CFD Trading & Charts
Get cTrader, a premium online trading platform for Gold, Indices, Forex & Stocks
Downloads
73,223
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logo
cTrader: CFD Trading & Charts
Gold, Indices, Forex & Stocks
Downloads
55,951
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Trading Apps
2
All 2
iOS 1
Android 1
logo
opofinance
Experience the future of Forex trading with our cutting-edge app
Downloads
148,131
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OpoFinance
Opo Group LTD
Downloads
43
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Verified Site

  • opofinance.com
    104.21.36.71
    Server Location
    --
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Opofinance

Related Companies

OPO GROUP LIMITED(United Kingdom)
United Kingdom
OPO GROUP LIMITED(United Kingdom)
Deregistered
United Kingdom
Registration No. 12367317
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

Opofinance Review Summary
Founded2022
Registered Country/RegionSeychelles
RegulationFSA (Offshore Regulated), ASIC (Exceeded)
Market InstrumentsForex, metals, commodities, stocks, indices, cryptocurrencies
Demo Account/
LeverageUp to 1:2000
SpreadFrom 1.8 pips (Standard account)
Trading PlatformOpoTrade, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
Social Trading
Minimum Deposit$1
Customer SupportLive chat
Phone: +447312763042
Email: support@opofinance.com

Opofinance Information

Opofinance was started in 2022 and is based in Seychelles. It is regulated by the Seychelles FSA under an offshore FX license. It has more than 350 trading tools from across the world, works with a number of platforms like MT4, MT5, cTrader, and OpoTrade, and has accounts for both new and experienced traders.

Opofinance's homepage

Pros and Cons

ProsCons
Wide selection of platforms and account typesNo clear mention of demo or Islamic accounts
Social tradingOffshore regulation
Low minimum deposit starting from $1Withdrawal fees apply on some payment methods

Is Opofinance Legit?

Licensed EntityRegulated byRegulatory AuthorityLicense TypeLicense No.Current Status
Opo Group LtdSeychellesSeychelles Financial Services Authority (FSA)Retail Forex LicenseSD124Offshore Regulated
Opo Finance Pty LtdAustraliaAustralia Securities & Investments Commission (ASIC)Investment Advisory License402043Exceeded

Offshore regulated by FSA
Exceeded ASIC license

What Can I Trade on Opofinance?

Opofinance offers access to over 350 trading instruments, including forex, metals, commodities, stocks, indices, and cryptocurrencies, providing a wide range of global market opportunities.

Tradable Instruments Supported
Forex
Metals
Commodities
Stocks
Indices
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on Opofinance?

Account Type

Opofinance offers a wide range of live account types across MetaTrader, cTrader, and Optotrade platforms, designed to suit beginners, experienced traders, social traders, prop traders, and VIP clients. There is no mention of demo or Islamic (swap-free) accounts.

Trading PlatformAccount TypeMinimum DepositMaximum leverageSpreadCommissionSuitable for
MetaTraderStandard$1001:2000From 1.8 pips0Beginners, casual traders
ECNFrom 0.8 pips$6Active, experienced traders
ECN Pro$5,000From 0.0 pips$4Professional, high-volume traders
Social Trade$2001:500From 1.5 pips0Social traders, copy traders
Prop$1,000From 0.8 pips$6Prop traders, funded accounts
Black$100,000From near 0 pips0VIP, institutional clients
cTraderECN$200-From 1 pip$6Active, experienced traders
ECN Plus$5,000-From 0.0 pips$4Professional, high-volume traders
Copy$200-From 2.2 pips0Social traders, copy traders
OptotradeStandard$1001:2000From 1.8 pipsBeginners, casual traders
ECNFrom 0.8 pips$6Active, experienced traders
ECN Pro$5,000From 0.0 pips$4Professional, high-volume traders
Account comparison

Leverage

Depending on the type of account, Opofinance offers leverage of up to 1:2000. This lets traders handle big holdings with only a modest amount of money. However, excessive leverage can also increase the chance of big losses, even as it can also boost the possible gains.

Opofinance Fees

In general, Opofinance's fees are in line with what other companies in the same field charge. Their ECN and ECN Pro accounts have spreads as low as 0 pips, however they charge commissions of $4 to $6. Their Standard account has bigger spreads but no commission.

Account TypeSpreadCommission
StandardFrom 1.8 pips0
ECNFrom 0.8 pips$6 per lot
ECN ProFrom 0.0 pips$4 per lot
Social TradeFrom 1.5 pips0
PropFrom 0.8 pips$6 per lot
BlackRaw (near 0 pips)0

Non-Trading Fees

Non-Trading Fees Amount
Deposit Fee0
Withdrawal FeeVaries: USDT $3–6, Advcash 2%, others
Inactivity FeeNot mentioned

Trading Platform

Trading PlatformSupported Available Devices Suitable for
OpoTradeWeb, Desktop, MobileAll trader levels
MetaTrader 4 (MT4)Windows, macOS, iOS, AndroidBeginners
MetaTrader 5 (MT5)Windows, macOS, iOS, AndroidExperienced traders
cTraderWeb, Desktop, iOS, AndroidProfessional traders

Deposit and Withdrawal

There are no hidden fees for deposits with Opofinance, and there are no deposit fees. The minimum deposit is as low as $1, depending on how you do it. You need to verify your account before you can make a withdrawal, and it happens swiftly. However, some methods charge minor fixed fees or fees based on a percentage.

Deposit Options

Deposit MethodMinimum DepositDeposit FeesDeposit Time
USDT (TRC20)$10Instant
Cryptocurrencies$15
Top Change$1
Advcash
Perfectmoney

Withdrawal Options

Withdrawal MethodMinimum WithdrawalWithdrawal FeesWithdrawal Time
USDT (TRC20)$15$3–624 hours
Cryptocurrencies$10
Advcash$12%
Perfectmoney0
Deposit methods

Company Profile

  • 2-5 years
  • Regulated in South Africa
  • Regulated in Seychelles
  • Derivatives Trading License (EP)
  • MT4 Full License
  • MT5 Full License
  • cTrader
  • Self-developed
  • High Potential Risk
  • Offshore Regulation

News

OpoFinance Withdrawal Issues: Traders Warn Others

Exposure OpoFinance Withdrawal Issues: Traders Warn Others

OpoFinance scams and exposure reports reveal rising of withdrawal issues. Traders say they can’t withdraw funds—read user stories and warning signs.

Why Opofinance’s Dual Licensing Looks Weak, Not Reassuring

Exposure Why Opofinance’s Dual Licensing Looks Weak, Not Reassuring

Opofinance holds only an offshore Seychelles FSA license and an ASIC investment advisory license (402043) that explicitly excludes forex trading. Learn what this means for your money before trading.

Is Opofinance Regulation Valid? Checkout Opofinance Review & make informed decision

Exposure Is Opofinance Regulation Valid? Checkout Opofinance Review & make informed decision

Is Opofinance regulation valid? If this question comes to your mind while thinking about it, it depicts that you are an experienced as well as aware trader. To check Opofinance broker legitimacy before going ahead is the major thing you can do for yourself. Also, we will provide a more detailed and honest Opofinance review to help you determine whether you should invest with this broker or not.

Wiki Q&A

Is it risky to trade with Opofinance?

Opofinance operates with a diversified, multi-jurisdictional regulatory framework, which includes a Derivatives Trading License from South Africa's FSCA (54594) and an offshore license from Seychelles FSA (SD124), indicating a structured, formal business approach that inherently manages certain operational risks associated with unregulated brokers.

04-02
United States

What is the license number of Opofinance?

Opofinance does not operate under a single license but maintains several active licenses. Its core operational licenses include a Derivatives Trading License with the FSCA in South Africa under number 54594 and a license with the Seychelles FSA under number SD124, with an additional Forex Investment Advisory License from ASIC in Australia (402043).

04-02
United States

What trading platforms does Opofinance support?

Opofinance supports four MetaTrader 4 server clusters and one MetaTrader 5 server cluster, both with formal full licensing. The broker also offers account types on the cTrader and its proprietary Opotrade platform, catering to a wide range of trader preferences.

04-02
United States

Does Opofinance charge overnight fees?

Yes, Opofinance charges overnight fees on its standard trading accounts. The broker also offers swap-free Islamic account options on its ECN PRO, Opotrade ECN, and Opotrade Standard accounts for traders who require this feature.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com