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• Our Review Method

• Is OPCompany Scam or Legit Broker?

• What is OPCompany?

• Conclusion

Our Review Method ▲

In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding OPCompany due to the issues we've identified.

Is OPCompany Scam or Legit Broker? ▲

Trading with OPCompany is strongly discouraged. The brokerage asserts its legitimacy by claiming regulation through the Malta Financial Services Authority (MFSA). However, evidence suggests that OPCompany utilizes deceptive practices, including the provision of fraudulent information, to mask its unregulated status. This raises significant concerns about the broker's trustworthiness and the safety of trading with them.

• About OPCompany

• Registered in: No Registration

• Type of License: No License

• Is OPCompany safe to trade: No

• Recommended Licenses: The Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC) in Australia

This lack of transparency and accountability places potential traders at high risk, emphasizing the importance of choosing brokers with recognized and reputable licenses.

What is OPCompany? ▲

OPCompany portrays itself as a Forex brokerage primarily targeting the Italian market, as indicated by the Italian language preference on its website. The company, purportedly based in Malta and operating under OPC Services, suggests regulation by the Malta Financial Services Authority (MFSA) by showcasing a supposed license number and regulatory agreement on its portal. However, a thorough examination of the MFSA's official registry reveals that neither the alleged license number nor the broker's name appears, casting serious doubts on OPCompany's regulatory claims.

Furthermore, the Italian Companies and Exchange Commission (CONSOB) issued a stark warning against engaging with OPCompany, specifically highlighting the unauthorized promotion of "managed accounts" to the Italian populace. This additional scrutiny from a national regulatory body underscores the risks associated with OPCompany and reinforces the advisory to steer clear of their services.

Conclusion ▲

The findings of our comprehensive review strongly advocate for traders to bypass unlicensed brokers in favor of those regulated by esteemed authorities such as the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC). Regulatory oversight from these bodies ensures a higher degree of investor protection, including the safeguarding of funds and adherence to fair trading practices.

OPCompany Update

Our recent research indicates that the OPCompany's online presence has ceased, with its website no longer active. This development suggests a discontinuation of the broker's trading services. Despite this, we urge potential traders to remain vigilant and to avoid any engagements or offers that may arise from OPCompany or similar entities lacking transparent regulation and proven operational integrity.