FXOpen

FXOpen is a brokerage company established by a group of traders in 2003, first as a training center, and then a few years later she began to provide brokerage services. Depending on the requirements to the trading account FXOpen offers three types of models: the market maker (Micro account), STP and ECN. Liquidity providers are the big banks: SG Paris, Barclays Capital, CRNX, Morgan Stanley, RBS, UBS, GOLDMAN, Dresdner, Standard Chartered, Bank of America, JPMorgan, Deutsche Bank AG, CITI, HOTSPOT INST, LavaFX. Access to liquidity provided by the modern ECN-systems, LMAX, Currenex and Integral. Of the advantages of FXOpen are the following:

• trade on Forex and CFDs;

• FXOpen – one of the first brokers that offer trading in cryptocurrencies Bitcoin, Litecoin and Namecoin;

• the minimum Deposit is just 1$;

• some of the lowest spreads;

• the leverage is 1:500;

• the system of PAMM-accounts;

• services copy trades AutoTrade Myfxbook and ZuluTrade;

• the VPS servers to clients on special terms;

• training trade;

• affiliate program;

• round the clock technical support.

Regulation FXOpen

FXOpen Markets Limited is registered in the territory of Nevis (under registration number 42235) and is a member of the independent financial organization, The Financial Commission. FXOpen AU Pty Ltd. registered in Australia and regulated by the securities Commission (ASIC) – AFSL 412871 – ABN 61 143 678 719. Broker FXOpen Ltd. registered in England and Wales (under number 07273392) and regulated by the Financial Conduct Authority under FCA number 579202.

The account types FXOpen

FXOpen offers different types of accounts for all clients from beginners to professionals:

1. Micro – cent account, which can be used to assess the quality of broker-provided services, testing of EAS or strategies, transition to new level of trading from demo account. For start it is enough only 1$, execution type is immediate, the possible re-quotes;

2. STP – this account is as close in conditions to the ECN. You can experience the benefits with the initial capital of$ 10 and already included in the spread Commission.

3. ECN accounts for advanced traders with the opportunity to receive relevant real-time rates from liquidity providers. To start trading you will need a Deposit of$ 100, in trade, uses a leverage of 1:500 and almost zero spread, and in return you have to pay a Commission of 15$ 1 million;

4. Crypto is a unique account for trading digital currencies, works on ECN. Here you can trade Bitcoin, Ethereum, Litecoin, Peercoin and Namecoin in pairs with USD, RUB and EUR, using the advantages of ECN trading. The liquidity provided by the online exchange xBTCe, with the unique technology of execution – ECN Aggregator. Start trading on the account is$ 10, with floating spreads, leverage of 1:3, high depth of 250 market with the best proposals of price, in addition, scalping is allowed, all types of advisers, locking and hedging positions.

Total for all accounts except Micro:

• floating spread;

• five-digit quotes;

• the type of versions on the market;

• no re-quotes;

• possible slippage;

• permitted hedging, EAS, scalping, news trading phone dealing;

• supported market depth quotes of the second level.

The system of PAMM-accounts

1. PAMM STP – minimum Deposit $ 200, non-fixed spread, leverage 1:100;

2. PAMM ECN account – minimum Deposit of $ 1,000, spread from 0 pips, Commission is 1.5$, leverage 1:100.

Optionally, the leverage can be increased by submitting a request to this email address: [email protected].

The customer service

FXOpen offers its customers two services copy trades:

1. Myfxbook AutoTrade – if you have no experience of Forex trading, you can start earning, getting help from experienced traders. Myfxbook AutoTrade you will have the following advantages:

   • you pay Commission only for profitable trades;

   • in the ranking of the strategies includes only accounts with a Deposit of 1 000$ and successful trading for at least three months;

   • graphics really reflect past trading results, helping you to assess possible future strategies;

   • the presence of a demo account and simulation strategies allow you to evaluate the service, not how it is at the risk;

   • you can disable the strategy or limit the number of transactions, lots, currency pairs, and also set the drawdown level and balance that, when reached, the strategy will be automatically suspended.

2. ZuluTrade is another service that allows you to copy trades of successful traders for a fee. The advantages of ZuluTrade include:

   • you can manage multiple accounts simultaneously;

   • it is possible to create the portfolio;

   • you can connect the function inshields account ZuluGuard;

   • monitoring of positions is carried out in real time;

   • processing of orders between the provider of a signal and its receiver takes place without delay;

   • after registration you will receive a 30-day demo account with full functionality.

Thus, FXOpen is a reliable and promising brokerage company, it does not stand still, following the new technologies, allowing high speed execution of transactions, improving the quality and security of customers ' personal data. In addition, you can get a no Deposit bonus 1$ on Micro account or$ 10 on STP account. The bonus is non-redeemable, but the profit earned with its help, you can output in full if all conditions are met.