Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Opofinance Pros & Cons
- Opofinance claims that it complies with international client protection standards.
- Variety of trading instruments. including Forex, metals, commodities, indices, and stocks.
- Competitive spreads start from 0.0 pips.
- Leverage up to 1:2000.
- MetaTrader 4 and 5 trading platforms are available in desktop, web, and mobile versions.
- The Opo Social Trade platform allows copy trading.
- Support is available 24/5, and it is multilingual.
- Relatively high minimum deposits for ECN Pro accounts.
- Limited information about specific regulators.
TU Expert Verdict
Opofinance demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
Top-5 Brokers Traders Prefer
Opofinance User Reviews
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5-star
33%
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4-star
11%
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3-star
56%
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2-star
0%
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1-star
0%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria4 /10The trading and non-trading commissions of Opofinance have been analyzed and rated as having High fees, with a fees score of 4/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No inactivity fee
- Above-average Forex trading fees
- Deposit fee applies
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Is Opofinance Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria8.6 /10Opofinance has a safety score of 8.6/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Track record of less than 8 years
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.8.1 /10Opofinance offers the following account options: Standard, ECN/Raw spread.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Standard account with balanced trading conditions
- Tight spread ECN account
- Low minimum deposit
- No Demo account
- Micro lots are not available
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology5 /10Opofinance received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria6.3 /10Opofinance provides a standard range of trading assets in line with the market average. The platform includes 1300 assets in total and 30 Forex currency pairs.
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Trading Account Opening
We successfully registered an account with Opofinance in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Opofinance is $100.Score:We evaluated Trading Account Opening at Opofinance by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.8 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Customer Support
Score:We evaluated Customer Support at Opofinance by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria1.5 /10
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FAQs
How high are the trading and non-trading fees at Opofinance compared with its overall commissions structure?
The review rates Opofinance’s overall fee level as high, with a commissions and fees score of 4/10. Standard account spreads on major pairs such as EUR/USD range from 1.8 to 2.6 pips, while ECN/RAW accounts have tighter average spreads (around 0.2 pips on EUR/USD) combined with a $4 per lot commission, and non-trading fees include deposit charges of 0–2.5%, withdrawal fees of 0–2% or $3–5, and no inactivity fee.
What types of trading accounts and conditions does Opofinance provide for different trader profiles?
According to the review, Opofinance offers Standard, ECN, Social Trade, and ECN Pro live accounts, but does not provide Demo, Cent, Micro, Swap Free, VIP, or Managed accounts. Minimum deposits range from $100 on the Standard account to $5,000 on ECN Pro, with spreads starting from 1.6 pips on Standard and 0.0 pips on ECN/ECN Pro, and leverage up to 1:2000 depending on the account type.
What do Opofinance user reviews and feedback indicate about overall client satisfaction?
The user satisfaction score for Opofinance is 7.6/10 based on 9 reviews, with a rating distribution of 33% 5-star, 11% 4-star, and 56% 3-star, and no 1- or 2-star ratings. According to user reviews, overall sentiment is mixed, reflecting a balance of moderate satisfaction and room for improvement.
What deposit and withdrawal options and fees are mentioned in reviews of Opofinance’s funding process?
The review notes that Opofinance supports bank card and bank wire methods for both deposits and withdrawals, with a minimum deposit of $100 and a low minimum withdrawal requirement. BTC, Wise, and PayPal are not supported, and deposit and withdrawal fees are described as moderate and in line with industry standards, though exact charges may vary by method.
How does the account opening process at Opofinance work and how long does it take according to feedback?
The review states that opening an account with Opofinance is fully online, took 20 minutes for registration, and required 2 business days for KYC verification, with a minimum deposit of $100. It also notes that while the onboarding is described as accessible, account approval and registration time may vary depending on the documents provided.
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