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Global Broker Regulation & Inquiry App

Score

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OP Trust

Switzerland|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://op-trust.com/index.html

Website

Rating Index

Contact

+41(0)944785092
support@op-trust.com
https://op-trust.com/index.html
Livio-Betschart-Gasse 957 2648 Chêne-Bougeries

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
Switzerland
Operating period
2-5 years
Company Name
OP Trust
Abbreviation
OP Trust
Company employee
--
Customer Service Email Address
support@op-trust.com
Contact number
410944785092
Company address
Livio-Betschart-Gasse 957 2648 Chêne-Bougeries
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account Information
Website
Company Summary
Disclosure
Review

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Official website

Website

  • op-trust.com

    Server Location

    Netherlands

    Website Domain Name

    op-trust.com

    Server IP

    185.117.91.169

Company Summary

Note: OP Trust' official website: https://op-trust.com/ is currently inaccessible normally.

OP Trust Review Summary
Registered Country/RegionSwitzerland
RegulationNo regulation
Market Instruments/
Demo Account
LeverageUp to 1:500
Spread/
Min Deposit$150
Trading PlatformWeb-based platform
Customer SupportEmail: support@op-trust.com
Tel: +41(0)944785092
Address: Livio-Betschart-Gasse 957 2648 Chêne-Bougeries

OP Trust Information

OP Trust is a brokerage company in Switzerland with minimum deposti requirement of $150. however, its website is currently unavailable. Since there are very limited information over the Internet as well, we are not sure if the company already ceased business. Moreover, the absence of regulation further exacerbates its credibility and legality.

Is OP Trust Legit?

No license

The broker operates without any valid supervision from any regulatory authorities. It raises a question about its legitimacy and credibility because regulated brokers usually adhere to strict industry standards to protect customer funds.

Downsides of OP Trust

Unavailable website: OP Trust' website cannot be opened currently.

Regulatory concerns: The company operates without any regulations, meanig that it does not comply to rules from any regulatory authorities. This heightens trading risks with them.

Lack of transparency: The broker does not openly reveal trading conditions such as account details, spread, commission, market instruments etc.

High minimum deposit: OP Trust requires a high minimum deposit of $100, higher than industry average which usually stands below $100. This will hinder beginners who need to start small first.

Account Types

The only information we can get from the Internet is that OP Trust requires a minimum deposit of $150, which is a little higher comparing to trustable brokers who usually requires minimum investment under $100. Other key info like account types, spread, commission or minimum trade size are not available.

Leverage

Leverage allows traders to control larger positions with small initial capitals. With OP Trust, leverage is said to be up to 1:500.

As always, leverage is suggested to be used prudently due to amplified gains as well as losses and risks at the same time.

Trading Platform

Per tester record, Op-Trust offers a highly suspicious webtrader showing only one price at a time, which is abnormal and skeptical of price manipulations.

Webtrader

Deposit & Withdrawal

The broker only accepts Bitcoin deposit, which is the typical scam broker trick because refund is impossible due to anonymous nature of crypto payments.

Bitcoin deposit

Conclusion

To sum up, OP Trust is a highly scam broker for several reasons. Firstly, it's not regulated by any authorities, which indicates less compliance to financial rules and customer protections. In addition, the broker only accepts Bitcoin as funding method, high chance that traders cannot get their money back due to anonymous nature of crypto payments. Furthermore, limited transparency, lousy web-based trading platform and failure in maintaining functional website makes it a extremely unreliable and untrustworthy company.

Never get involved with such possible scam brokers to protect your hard-earned money.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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