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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

OPENTRADING

Chile Chile | 5-10 years |
Questionable Regulatory License | MT5 Full License | Regional Brokers | High Potential Risk

https://opentrading.org/?lang=en

Website

Rating Index

MT4/5 Verification

MT4/5

Full License

OpenTrading-Server

Netherlands
Netherlands
MT5
2

Influence

D

Influence Index NO.1

Chile Chile 2.61

MT4/5 Verification

MT4/5 Verification

Full License

2
Server Name
OpenTrading-ServerMT5
Server LocationNetherlandsNetherlands

Influence

Influence

D

Influence Index NO.1

Chile Chile 2.61
Surpassed 21.30% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+56 2 2993 6700
https://opentrading.org/?lang=en
Badajoz 130, office 1702, Las Condes, Santiago de Chile
Forex License
Others 2

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Chile
Operating Period
5-10 years
Company Name
Opentrading Group LTD
Email
info@opentrading.org
Contact Number
+56229936700
Related Personnel
Business Region
Verified Site
About Us
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
160.00
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 5
Meta Trader 5
Perfect

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Official Website

Verified Site

  • United States opentrading.org
    104.197.131.194
  • United States opentltd.com
    192.64.119.233

Company Profile

Company Profile

Review summary

OpenTrading Review Summary
Founded2016
Registered Country/RegionAnguilla
RegulationNo Regulation
Market InstrumentsShares, ETFs, ADRs, indexes, cryptocurrencies, forex, commodities
Demo Account
Leverage/
Spread/
Trading PlatformMT5
Minimum Deposit/
Customer SupportContact form (24/5 support)
Phone: +562 2993 6700
Email: info@opentrading.org
Address: Spencer House, P.O. Box 821, The Valley, Anguilla

OpenTrading is an unregulated financial brokerage firm established in 2016 and registered in Anguilla. It offers a diverse range of tradable instruments, including shares, ETFs, ADRs, indices, cryptocurrencies, forex, and commodities. The firm provides both live and demo accounts. What's more, OpenTrading uses the MT5 trading platform.

OpenTrading's homepage

Pros and Cons

Pros Cons
Demo accounts availableNo regulation
A wide range of trading productsLimited info on trading fees
MT5 platformUnknown payment methods

Is OpenTrading Legit?

At present, OpenTrading lacks valid regulation.

No license

Its domain was registered on Dec 18, 2016, and the current status is “client transfer prohibited”. Please pay high attention to the safety of your funds if you choose this broker.

Domain information

What Can I Trade on OpenTrading?

On OpenTrading, you can trade with shares, ETFs, ADRs, indexes, cryptocurrencies, forex, and commodities.

Tradable Instruments Supported
Shares
ETFs
ADRs
Indexes
Cryptocurrencies
Forex
Commodities
Bonds
Options
Mutual Funds
What Can I Trade on OpenTrading?

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5PC, iOS, iMac, Android, Web TerminalExperienced traders
MT4/Beginners
MT5

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • MT5 Full License
  • Regional Brokers
  • High Potential Risk

Wiki Q&A

Is OPENTRADING safe and reliable?

WikiFX assessment indicates OPENTRADING presents a significant safety concern. It holds a low composite score of 2.13, primarily due to its operational status of No Regulation for its core forex and CFD trading activities. While the company holds operational licenses for money transmission in Mexico and currency exchange in Peru, these do not constitute oversight for its brokerage services. The absence of regulation by a major financial authority creates a high-risk operational framework.

In a week
United States

Is OPENTRADING regulated?

OPENTRADING operates with No Regulation for its primary forex and CFD brokerage business. It is not supervised by any major financial authority such as the FCA, ASIC, or CySEC. The entity holds two active licenses: a Money Transmitter license (CNBV, 22434) in Mexico and a Currency Exchange license (SBS, 20609189585) in Peru. It is important to note that these licenses are for specific payment and exchange services and do not authorize or regulate its online trading operations.

In a week
United States

What is the minimum deposit of OPENTRADING?

The minimum deposit requirement for OPENTRADING is not publicly disclosed on its official website or in available materials. Prospective clients are advised to contact the broker directly for this information as part of their due diligence.

In a week
United States

Does OPENTRADING support MT4 or MT5?

Yes. According to system identification data, OPENTRADING provides access to the MetaTrader 5 (MT5) trading platform. The presence of a full MT5 license suggests a mature technological infrastructure, with reported average execution speeds of around 160ms.

In a week
United States
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