OpoForex vs AMarkets
Opofinance or AMarkets – which is better for UK traders 2024? Compare Opofinance and AMarkets in this detailed breakdown of their platforms, features and fees.
Opofinance | AMarkets |
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Opofinance is ranked #93 among CFD brokers. | AMarkets is ranked #93 among CFD brokers. |
Opofinance is an offshore forex and CFD broker, offering copy trading services and the MT4 platform. | AMarkets is an established forex and CFD broker registered in the Cook Islands. Founded in 2007, the brokerage has over 1 million clients and is regulated in several offshore jurisdictions, including St Vincent and the Grenadines and Mwali. Over 1400 instruments are available on the popular MT4 and MT5 platforms. |
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Cons | |
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Awards | |
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FCA Regulated | |
No | No |
Instruments | |
Forex, commodities, cryptocurrencies, stocks, indices | Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | $100 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FINACOM | FSA SVG |
Mobile Apps | |
iOS & Android | Yes |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | No |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
No | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | No |
ECN Account | |
Yes | No |
DMA Account | |
Yes | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Opofinance offers copy and social trading through Fiboda. | The copy trading service is a good option for newer traders and you can pick investors to follow based on their profitability, fees, number of followers and more. The $100 starting deposit is also accessible for beginners. |
Social Trading | |
Yes | Yes |
Trade Signals | |
MT4 | Yes |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Opofinance offers leveraged CFDs on stocks, indices and commodities. | Experienced traders can access leverage up to 1:1000 on a range of CFDs across metals, energies, indices and more. Beginners can also follow and copy successful CFD trades in the copy trading account. |
Leverage | |
1:1000 | 1:1000 |
FTSE Spread | |
Variable | 64 |
GBPUSD Spread< | |
Variable | 0.6 |
Oil Spread | |
Variable | 3 |
Stocks Spread | |
Variable | Variable |
Forex | |
Opofinance offers 35+ spot currency pairs, covering all majors and top minors. | AMarkets offers a decent range of 42 majors, minors and exotics with low spreads from 0.2 pips in the ECN account. With that said, Standard account spreads come in at around 1.5 pips for EUR/USD, which is higher than the best forex brokers. |
Assets | |
35+ | 42 |
GBPUSD Spread | |
Variable | 0.6 |
EURUSD Spread | |
Variable | 0.3 |
EURGBP Spread | |
Variable | 1.5 |
Cryptocurrency | |
Opofinance offers trading on crypto/spot currency pairs, including BTC/USD. | Access a decent range of crypto pairs against USD and deposit just 10 MBT to access the broker's Micro Bitcoin account. Deposit methods include Bitcoin, Binance Coin and Ethereum. |
Spread | |
Variable | From 30 |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Opofinance | AMarkets |
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