Reviews of the brokerage company Open Sails Holding in 2024
Open Sails Holding presents its trading platform as innovative, reliable, and easy to use. According to the company’s statements, they have excellent statistics and many satisfied clients. However, we could not find any evidence to support these claims, as the existing reviews are not in favor of the broker. By researching independent reviews, you can learn more about this intermediary and draw conclusions.
Main facts about the company
Open Sails Holding claims to have started its operations in 2015 (which is two years later than stated in the project). The following indicators are presented on their platform:
- Daily trading volume of $83 million,
- 37,300 active users,
- A choice of over 250 financial instruments.
To achieve such results, the company must have significant experience. However, an analysis of the domain history showed that the company inaccurately claims to have years of experience, as the domain opensailsholding.com was registered in December 2023.
Regulation and licenses
Representatives of Open Sails Holding claim that the company has all the necessary legal documents. However, there are no scanned copies of licenses and registration certificates on their platform. The company lists an address in the Czech Republic, but it is not actually registered in that country.
According to internal documents, the broker operates under the legislation of offshore Vanuatu. However, a check with the local regulator VFSC showed that the company does not even have a license from there.
Terms of cooperation
Open Sails Holding offers trading in currency pairs, stocks, cryptocurrencies, and global indices. There are no training sessions on their platform, and after registration, you need to choose a tariff plan and fund your account. The company accepts payments through bank transfers, cards, cryptocurrencies, and electronic payment systems. Information on fees and regulations of financial operations on the site was also not found.
Client opinions
Due to the short existence of the Open Sails Holding project, reviews about the company are currently limited. Users are beginning to realize that this is a potential scam that is best not to trust.
Conclusion
The creators of Open Sails Holding pursue their own goals and are not interested in long-term cooperation. The initial client reviews confirm this. We recommend being extremely cautious to avoid falling victim to scammers. Otherwise, you risk losing your funds.
Open Sails Holding in 2024 demonstrated consistent performance with punctual communication, ensuring a steady transaction process but could work on expanding their range of assets.