Open Eyes Limited is a CFD broker with a domain registered on May 19, 2024. It primarily offers trading services in financial derivatives such as forex, metals, energy, indices, and stocks to retail and institutional clients. This broker does not provide services to jurisdictions where doing so would violate local laws or regulations.
Business Registration Information and Regulatory Status:
Public information on the broker’s website shows that Open Eyes Limited (openeyeslimited.com) was established in 2008. It provides financial services to over 70 countries worldwide and has offices in seven countries. It is authorized and regulated by multiple financial regulatory authorities in different jurisdictions, but it does not disclose its company entity registration details or specific regulatory information on its website.
Upon verification, the UK Companies House and the New Zealand Companies Register both list a company with the same name as the broker. However, no corresponding regulatory registration information could be found with the UK Financial Conduct Authority (FCA) or the New Zealand Financial Service Providers Register.
Therefore, Open Eyes Limited (openeyeslimited.com) is essentially a fraudulent brokerage website with no company entity or regulatory oversight.
Account Opening Process:
To open an account with Open Eyes Limited, visit the broker’s website and click "Join Now" or "Open real account" on the homepage. Fill in your email address and set a login password. The broker will send a verification code to the provided email address. Enter the verification code on the application form and submit it to complete the registration process. After logging in to your account, you will need to verify your identity before making deposits and trading.
Account Information:
Open Eyes Limited offers four types of trading accounts: Standard Account, Advantage Account, Alpha Account, and Affiliate Account.
Standard Account:
- Trading Platform: ST5
- Commission (per side per lot): None
- Spreads: From 1.7 pips
Advantage Account:
- Trading Platform: ST5
- Commission (per side per lot): None
- Spreads: From 1.2 pips
Alpha Account:
- Trading Platform: ST5
- Commission (per side per lot): $3.00
- Spreads: From 0.0 pips
Affiliate Account:
- Trading Platform: ST5
- Commission (per side per lot): None
- Spreads: From 1.7 pips
Trading Platform:
Open Eyes Limited offers the ST5 trading platform, available for both desktop and mobile devices. This platform supports over 200 custom indicators and Expert Advisors (EAs) and provides real-time market analysis.
Deposits and Withdrawals:
Open Eyes Limited supports deposits and withdrawals through bank transfers, credit/debit cards, and e-wallets. Users do not incur any additional fees for deposits and withdrawals. However, using certain international banking institutions may incur fees, including intermediary fees.
Conclusion:
Traderknows reminds investors that Open Eyes Limited is a suspected fraudulent broker with unclear registration and regulatory information and false advertising. The only way to contact them is through email, making their contact method very limited. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
