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 vs AMarkets Comparison Table 2024

Opofinance	AMarkets
1.8	2.8
Opofinance is ranked #97 among CFD brokers.	AMarkets is ranked #97 among CFD brokers.
Review	Review
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.
Pros
	Cashback program with up to $17 rewarded for every lot traded, plus a VIP program with better trading conditions A range of trading tools including a calculator, economic calendar, and sentiment indicators Copy trading USD account with a $100 minimum deposit, leverage up to 1:500 and hedging Regular trading news, forex analysis and trading ideas in the broker's Telegram channel Micro Bitcoin (MBT) account available for beginners with a low 0.001 BTC deposit No fees for deposits and a range of fast methods, including crypto transfers Access to Autochartist analysis with signals and automated position entry
Cons
	There are wider standard spreads than many competitors We found that educational materials trail alternatives No top-tier regulation reduces the trust score Withdrawal fees up to 1.8%
Awards
	Best Value Broker Middle East 2020 - Global Forex Awards Fastest Growing Forex Broker in the Middle East 2019 - Egypt Investment Expo Best Execution Speed Highest Client Success Rate 2014 - IAFT Awards Fastest Growing Broker 2013 - STP Broker Asia Best Educational Program 2011 - Show FX
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
Forex, commodities, cryptocurrencies, stocks, indices	Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds
Demo Account
Yes	Yes
Minimum Deposit
$100	$100
Payment Methods
Credit Cards Debit Card Neteller Skrill Wire Transfer	Credit Cards FasaPay Mastercard Perfect Money Skrill Visa Wire Transfer
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
USD
Commodities
Oil Silver Gold Natural Gas	Gold Silver
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
BTC ETH LTC XRP BCH	BTC BCH DSH ETC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Opofinance	AMarkets
Review	Review
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