Is Opportunity Trade Scam or Legit Broker?

Opportunity Trade is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, never monitored in terms of its safety, and simply may operate the business in any way it wishes.

About Opportunity Trade
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is Opportunity Trade safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is Opportunity Trade?

Opportunity Trade is a Forex broker that offers an STP type of trading. The company is owned and operated by the Boton Development Ltd.

  • They claim to be located in Hong Kong, but after checking the information on the Hong Kong regulator SFC (Securities and Futures Commission) it turned out that the broker is marked as an “unlicensed entity” and is not located at the provided address.
  • In addition, the terms and conditions on the website state that the company is under the UK’s jurisdiction, although the company is not registered in the United Kingdom.
  • It is obvious that Opportunity Trade is one of those brokers that use fake credentials to get the client’s trust. We highly recommend avoiding unlicensed brokers as most of them are frauds.

Opportunity Trade - official website
Opportunity Trade Review Conclusion

We do not advise signing in with Opportunity Trade. It is safer to invest with brokers supervised by proper regulators, such as UK’s Financial Conduct Authority (FCA). Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BDSwiss and FBS.

Opportunity Trade Update 

Our research showed that the Opportunity Trade website is unavailable to reach. Besides, there is no evidence of whether the broker operates or not. We recommend avoiding any offshore-based brokers due to their instability and lack of serious regulations.  

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