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FXOPAL-3108420355
Abstract：FXOPAL is an unregulated trading platform. It provides trading on currency pairs, metals, CFDs, stocks, and cryptocurrencies with leverage up to 1:1000 and spread from 1.5 pips on the Basic account via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is $100.
Note: FXOPAL' official website: https://fxopal.com/ is currently inaccessible normally.
| FXOPAL Review Summary | |
| Founded | 2020 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | 36 currency pairs, Metals, CFD, Stocks, Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 1.5 pips (Basic account) |
| Trading Platform | MT5 |
| Min Deposit | $100 |
| Customer Support | Phone: +90 850 484 0088 |
| Email: info@fxopal.com | |
| Address: Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines | |
FXOPAL is an unregulated trading platform. It provides trading on currency pairs, metals, CFDs, stocks, and cryptocurrencies with leverage up to 1:1000 and spread from 1.5 pips on the Basic account via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is $100.
Pros and Cons
| Pros | Cons |
| Wide range of trading instruments | No regulation |
| MT5 available | Inaccessible website |
| Flexible leverage ratios |
Is FXOPAL Legit?
FXOPAL currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Whats more, as of now, traders have no access to their official website.
What Can I Trade on FXOPAL?
FXOPAL offers 36 currency pairs, metals, CFDs, stocks, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Metals | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Commodities | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
FXOPAL offers three types of live accounts - Basic, ECN and Plus accounts.
| Account Type | Min Deposit |
| Basic | $100 |
| Plus | $500 |
| ECN | $10,000 |
Leverage
| Account Type | MaxLeverage |
| Basic | 1:1000 |
| Plus | 1:500 |
| ECN | 1:300 |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spread
| Account Type | Spread |
| Basic | 1.5 pips |
| Plus | 2.5 pips |
| ECN | 0.9 pips |
Trading Platform
FXOPAL offers the MetaTrader 5 (MT5) platform, which provides a robust and feature-rich trading environment. MT5 includes advanced charting tools, technical indicators, and analytical capabilities.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ❌ | / | Beginners |
| MT5 | ✔ | Desktop, mobile, web | Experienceds |
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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