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5-10 years Full License
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
Anguilla
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
opentrading.org opentltd.com
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MARC HANCOCK
United Kingdom
Secretary
Start date
Status
Employed
NET SYSTEMS SOLUTIONS LIMITED(United Kingdom)
MARC HANCOCK
United Kingdom
Director
Start date
Status
Employed
NET SYSTEMS SOLUTIONS LIMITED(United Kingdom)
STEPHEN MICHAEL JONES
United Kingdom
Director
Start date
Status
Employed
NET SYSTEMS SOLUTIONS LIMITED(United Kingdom)
| OpenTrading Review Summary | |
| Founded | 2016 |
| Registered Country/Region | Anguilla |
| Regulation | No Regulation |
| Market Instruments | Shares, ETFs, ADRs, indexes, cryptocurrencies, forex, commodities |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | MT5 |
| Minimum Deposit | / |
| Customer Support | Contact 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.
| Pros | Cons |
| Demo accounts available | No regulation |
| A wide range of trading products | Limited info on trading fees |
| MT5 platform | Unknown payment methods |
At present, OpenTrading lacks valid regulation.
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.
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 | ❌ |
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, iOS, iMac, Android, Web Terminal | Experienced traders |
| MT4 | ❌ | / | Beginners |
The main cons of OpenTrading are the lack of regulation, limited information about trading fees, and unknown payment methods. These factors contribute to a lack of transparency.
OpenTrading offers a variety of tradable instruments, including shares, ETFs, ADRs, indices, cryptocurrencies, forex, and commodities. It also provides demo accounts and uses the popular MT5 platform, making it suitable for experienced traders.
Yes, OpenTrading offers a demo account, which allows users to practice trading without risking real money.
No, OpenTrading is unregulated. As a result, it does not have official oversight, and traders should be cautious when using its services, as there are risks associated with trading on an unregulated platform.
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