Cryptocurrency Exchanges

First Oopstock

1.6 (14 reviews)
🇳🇿 New Zealand
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1.6
14 reviews
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About First Oopstock

First Oopstock has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Market...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Chrome extension broken

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Susan V.
2 weeks ago

First Oopstock locked my account without warning and demanded documents I had already submitted. for about three months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: Responsive team|Real-time alerts

Cons: No live chat on mobile

They are hiding something

R
Robert N.
4 weeks ago

I signed up with First Oopstock after hearing about them at a conference and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Transparent fees|Demo account available

Cons: Withdrawal takes 1-2 business days

Failed me when I needed them most

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Mia C.
1 months ago

I trusted First Oopstock with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Risk management tools|Good mobile app|Intuitive for beginners|Great customer service

Cons: No dark mode on mobile

Overnight fees excessive

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Rebecca B.
2 months ago

I joined First Oopstock after a friend recommended them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Demo account available|API access

Cons: Cannot customize dashboard fully

The reviews are fake the problems are real

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Courtney N.
4 months ago

After for nearly two years with First Oopstock, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Smooth onboarding|Regular platform improvements|Good mobile app|Social trading features

Cons: No dark mode on mobile

Fraudulent fee structure

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Melody Y.
5 months ago

First Oopstock has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Great customer service|Economic calendar|Professional team

Cons: Wait times can be long during peak hours|Charting tools need more indicators

Regulatory warning exists for this firm

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Richard H.
5 months ago

For anyone considering First Oopstock, please be aware that this company has been flagged by Financial Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Pros: Information is publicly available for verification

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

Stop loss not honored

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Wesley N.
6 months ago

Do not use First Oopstock for anything serious. I used them since I opened my account last year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Regular updates|Segregated accounts

Cons: Account statements could be more detailed|No integrated tax optimization

Warning to all investors

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Diana H.
7 months ago

I invested $15,000 with First Oopstock after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.

Cons: Blocked my account|No legitimate license|Fake returns

False advertising at its finest

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Hannah C.
8 months ago

I wanted to transfer my portfolio from another broker to First Oopstock. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.

Pros: Professional team|High security standards

Cons: Nothing significant|Cannot customize dashboard fully