Reply To: Opofinane – legit or scam?

James Barra
Moderator Team

    Hi Carla,

    We’ve evaluated Opofinance and recommend caution. It’s registered offshore with the Financial Services Authority (FSA) of Seychelles. This is a ‘red tier’ regulator in line with our Regulation & Trust rating and means you may not get robust regulatory protections.

    It’s also not well known compared to large, trusted brokers that have millions of clients globally, which is a significant drawback in our view.