Opixtech, officially known as Opix Technology Limited and known in Chinese as 辰德外汇, was established in 2017 in Seychelles by Joseph Culter. According to information disclosed on its official website, it is a CFD copy trading, brokerage, and self-operated broker company. The company claims to be headquartered in Seychelles and primarily offers clients copy trading, asset management, and community services. The official website supports up to 12 languages, including English, Spanish, Japanese, and French. Opixtech operates social platforms such as Facebook, Instagram, Twitter, LinkedIn, YouTube, and Medium.
Background of Opixtech
Opixtech claims to be registered in Seychelles with the registration number 193365, but we were unable to find relevant registration records in the Seychelles Business Registration. This lack of confirmed registration information implies that the company’s registration details have yet to be verified. For potential investors, understanding a company's registration and regulatory status is a crucial step in assessing the platform’s reliability. Without verification of company registration information, investors should act cautiously and consider potential risks fully.
Website Registration Time for Opixtech
According to information obtained from Whois, the domain was registered on February 17, 2017, with the registrar GoDaddy.com, LLC. The domain registration date aligns with the company's establishment, adhering to common business procedures.
Regulatory Information of Opixtech
Opixtech claims to be regulated in Seychelles and provides a regulatory number in the website footer. However, the Seychelles Financial Services Authority (FSA) does not publicly display the regulatory information for entities regulated in Seychelles. This makes it impossible for us to confirm whether Opixtech is genuinely under effective regulation. Even assuming the company is regulated in Seychelles, the regulatory strength there is relatively weak, far from being as stringent as major regulatory bodies like the UK’s Financial Conduct Authority (FCA) or the US Commodity Futures Trading Commission (CFTC). This means that even if Opixtech is regulated to some extent, investors still need to remain highly vigilant about its compliance and security.
Customer Support at Opixtech
Besides a "CONTACT" form on the official website, Opixtech does not provide any other contact information. This lack of direct communication channels may increase the difficulty for customers to obtain support services, particularly in emergencies or when a quick response is needed. Compared to other companies offering phone or live chat support, Opixtech’s customer service approach appears relatively inadequate.
Social Media Presence of Opixtech
Opixtech shows low activity on social media platforms such as YouTube and Medium, having not posted new content for several months at the time of writing. This lack of ongoing social media updates may indicate the company's lag in promotion and information updates, or reflect a low priority placed by the team on social media maintenance. For investors, this may mean limited resources for social media operations or that brand maintenance and customer interaction are not the company’s business priorities.
Products and Competitors
Opixtech’s main products include OpixAlgo and Opixtrade, designed to offer clients a diverse range of trading solutions and tools for higher trading efficiency and potential returns.
- OpixAlgo: An automated trading software based on algorithms, offering customizable strategy options for retail and institutional investors.
- Opixtrade: Provides users with a convenient channel for CFD trading.
Potential competitors for Opixtech include UEZ Markets, DMT Tech, Vlado, and UPFX.
Development History
According to Opixtech ’s official release, its development history is as follows:
- In 2017, Opixtech was established and began offering market-making services for options and commodity markets.
- In 2019, Opixtech started providing market-making services for trading types such as stocks.
- In 2020, Opixtech began offering algorithmic trading services for forex and CFDs.
- In 2023, OpixAlgo was opened to retail users.
Management Team and Transparency
The key personnel at Opixtech include CEO Joseph Culter, CTO Alex Rowayve, and CMO James Rossi, but relevant information about these individuals cannot be found in public networks. The company’s limited disclosure of its management team information presents certain questions about its transparency.
Conclusion
Opixtech claims to have been established and regulated in Seychelles in 2017, but its registration information cannot be verified, and the regulatory strength is weak. The lack of public management team information, limited customer support, and low social media activity pose risks for potential investors. Investors are advised to carefully evaluate the company's background and compliance to protect their assets' safety. Currently, the enterprise’s operational status is listed as a "Ponzi scheme" on TraderKnows.