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FxOpal.com is a new online broker that offers traders a wide range of features and benefits. In this review, we will take a look at the pros and cons of FxOpal.com, as well as the traders ratings.

About FXOpal

FXOpal is a forex and CFD broker that offers trading in a wide range of assets, including currency pairs, stocks, indices, commodities and cryptocurrencies. The company is headquartered in the Marshall Islands and is regulated by the IFSC.

The broker offers two account types – Standard and ECN – with leverage up to 1:500 and minimum deposit requirements of $100 and $500 respectively. Both account types offer commission-free trading with spreads starting from 0.0 pips on the ECN account.

In addition to its online trading platform, FXOpal also provides mobile trading apps for Android and iOS devices. The broker also offers a free demo account to allow traders to test out the platform before committing to live trading.

The Pros of FXOpal

1. As a web-based platform, FXOpal offers a number of advantages for forex traders.

2. One of the major pros is that it provides access to the global forex market – 24 hours a day, 5 days a week. This means that you can take advantage of opportunities as they arise, regardless of where you are in the world.

3. Another big plus is that FXOpal is extremely user-friendly and easy to navigate. Even if you’re a complete novice, you’ll be able to get to grips with the basics quickly and start trading with confidence.

4. The platform also offers a good selection of features and tools, including advanced charting and analysis capabilities, which can help you make more informed decisions about your trades.

5. In addition, FXOpal provides competitive spreads and leverage options, which can help you maximize your profits potential.

6. Overall, FXOpal is a great choice for both experienced and beginner forex traders looking for a reliable and user-friendly online trading platform.

The Cons of FXOpal

Some traders have complained about FXOpal’s customer service, alleging that the company is unresponsive to their inquiries. Other traders have also expressed concern about the lack of regulation surrounding FXOpal.com, as the company is not registered with any financial regulator.

Traders Ratings

As with any broker, there will always be some complaints – FXOpal is no different. However, it seems that many of the complaints are from disgruntled former employees, which is always something to take with a grain of salt. One common complaint is that the spreads are not as tight as advertised, however this is to be expected with any ECN broker. Overall, the feedback from traders has been positive, with most people finding the customer service to be excellent and the platform easy to use.


Overall, we would say that FXOpal.com is a pretty good forex broker. They offer a wide range of currency pairs and CFDs to trade, as well as some very competitive spreads. Their customer support is excellent, and they have a user-friendly platform which makes trading easy and enjoyable. However, there are a few things that could be improved, such as the addition of more educational resources and the inclusion of an Islamic account option.

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