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OPENTRADING

Offshore
Anguilla
,
Since 2016
Last Updated:
27/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
Regular

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

UnionPay

credit card
Instant
Fee:
Free
Fee:
Free

Wire Transfer

wire transfer
1 days
Fee:
Free
Fee:
Free

Visa

credit card
hours
Fee:
Free
Fee:
Free

MasterCard

credit card
hours
Fee:
Free
Fee:
Free

Domestic Wire Transfer

wire transfer
3 days
Fee:
Free
Fee:
Free

ACH

bank transfer
days
Fee:
Free
Fee:
Free

USDT

crypto
Instant
Fee:
Free
Fee:
Free

Perfect Money

e wallet
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 41%, 3: Software 50%, 4: Spread 0%, 5: Account Type 10%, 6: Symbol 0%
Regulation
4%Poor
License
41%Poor
Software
50%Fair
Spread
0%Poor
Account Type
10%Poor
Symbol
0%Poor

Company Information

Full Name:OPENTRADING
Founded:2016
Headquarters:Anguilla
Enterprise Offices:N/A

Customer Support

Phone:
+56 2 2993 6700
Live Chat:
business_hours
Response Time:
Languages:
Italian
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Broker Summary

Summary of the broker

Broker Overview of OPENTRADING

Introduction: Overview

Choosing a reliable broker is an important step for new and advanced traders alike. OPENTRADING has positioned itself as a trading broker and as a professional brokerage that focuses on providing clients with a hassle-free experience when trading. As such, there is not much information about OPENTRADING besides the information found within this article. In the following sections, the author will look at who OPENTRADING is, what they offer to their clients, what type of regulation/oversees, the trading conditions they offer and at what fees to expect and how they treat their clients.

History of OPENTRADING and Business Background

OPENTRADING is a trading broker that falls under the overall umbrella of the Financial Services Sector. Unfortunately, there is not much historical information about OPENTRADING, such as how they started, what their milestones have been, or if they are a new or older operation. Although OPENTRADING's historical information may be limited, OPENTRADING wants to connect its clients to the global markets by offering various trading products and services.

Offers of OPENTRADING and Products/Services

While the products/services provided by OPENTRADING are not fully explained, the author believes that the following types of markets are likely available through OPENTRADING:

Forex (foreign exchange market)

Commodities (commodities market)

Indices (stock index/mutual funds)

Cryptocurrencies (cryptocurrency/digital currency market) (nonconfirmed)

In addition, OPENTRADING may focus on providing clients with user-friendly trading platforms, client education, and customer service; therefore, creating an environment that is highly competitive for clients when trading.

However, for traders, regulatory oversight provides assurance that funds, as well as a secure trading environment, are protected. Unfortunately, there is limited publicly available information related to OPENTRADING's levels of regulatory compliance and/or licensing. It is suggested that all traders contact OPENTRADING to obtain these regulatory details.

Regulatory Authority:

Regulatory Authority: Regulatory License Number: Status of Licensure: Limited Universe of Information

Limited Universe of Information Limited Universe of Information Limited Universe of Information

Trading Conditions and Trading Platforms

For OPENTRADING, detailed information regarding trading conditions (spreads, leverage and minimum deposits) has not been published. There is also no indication of OPENTRADING trading platform type (proprietary or the most common trading platform solution MetaTrader).

Specific Trading Conditions:

Trading Condition: Details of Trading Conditions:

Spreads: Limited Universe of Information

Leverage: Limited Universe of Information

Minimum Deposit: Limited Universe of Information

Type of Trading Platform: Limited Universe of Information

Fees/Charges

Limited fee information has been made available for OPENTRADING regarding deposit fees, withdrawal fees or commissions. For this reason, it is recommended that all traders reach out directly to OPENTRADING for any information regarding these fees/charges to avoid unexpected trading costs.

Type of Fees: Details of Fees:

Deposit Fees: Limited Universe of Information

Withdrawal Fees: Limited Universe of Information

Commission: Limited Universe of Information

User Experience and Reputation in the Market

Due to limited universe of publicly available data, it is difficult for traders to determine where OPENTRADING stands within the trading community and to evaluate client satisfaction. Therefore, prior to committing any funds, it is highly recommended that traders conduct thorough due diligence of OPENTRADING. Examples of proper due diligence would include reviewing online trading forums or websites, assessing demo accounts (where available), and contacting customer service.

Recent Developments

There have not been any reported developments within the OPENTRADING community, such as new features, expansions in service, or any media exposure.

Conclusion

The company OPENTRADING is a brokerage firm that provides access to global financial markets; however, very little publicly available information exists regarding OPENTRADING. Thus, it is crucial for all traders to reach out directly to OPENTRADING to ascertain all regulatory, trading condition and fee structure details, and if they will be able to rely upon a secure trading environment.

Recommendation: All traders interested in OPENTRADING should proceed with caution, obtain all necessary information directly from OPENTRADING, and conduct extensive due diligence to ensure they are entering into a secure and transparent trading experience.

Regulatory Licenses

Compliance & oversight

1 license
Chile
FSCTier 3
Chile#20609189585
License Details
Type:Retail Forex License
License #:20609189585
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

1 type
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
1
Total Types
1
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

15 methods
UnionPay
Credit CardInstant
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Traden Capital covers $20 USD withdrawal fee once per month
Wire Transfer
Wire Transfer1 min
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Withdrawals take 1-3 working days depending on bank
Visa
Credit Cardhours
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Traden Capital supports Visa; Opofinance credit card deposits take 1-3 business days
MasterCard
Credit Cardhours
Deposit
Fee:Free
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Traden Capital supports MasterCard; Opofinance credit card deposits take 1-3 business days
15
Free Deposit
15
Instant
2
Crypto

Trading Platforms

Professional trading tools

1 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with OPENTRADING: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark OPENTRADING at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for OPENTRADING

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
http://www.opentrading.org/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

3 platform

Comments

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