FXOpen

Forex broker
389.6
Rating
8
Reviews
$1
Min. Deposit
Trading platform MT4, WebTrader
Regulation Financial Commission, FCA, ASIC
Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Webmoney, Яндекс.Деньги, QIWI, Perfect Money, NETELLER, Payza, OKPAY, ePayments, BitCoin
Low initial deposit
PAMM service
Islamic accounts
Telephone trading
ECN-accounts
Affiliate program
Wide selection of trading instruments
Advantages
12 years on the market+2
Regulated by FCA and ASIC+1
Tight spreads and low Commission on ECN accounts+1
Free VPS server+1
No Deposit bonus $ 10+1
Contests among demo-accounts with a prize Fund of 10 000 dollars+1
Add advantage
Disadvantages
The broker has no flaws.
Add lack

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

>FXOpen presents the rating of the PAMM-account and the TOP of the most active investors. At the moment, FXOpen offers two types 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: finance@fxopen.com.

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.

  • The year of Foundation 2003
  • Head office address P.O. Box 590, Springates East, Government Road, Charlestown, Nevis
  • Maximum leverage 1:500
  • Min. Deposit $1
  • Regulation Financial Commission, FCA, ASIC
  • Trading platform MT4,WebTrader
  • Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Webmoney, Яндекс.Деньги, QIWI, РБК Деньги, Perfect Money, NETELLER, Payza, IntellectMoney, OKPAY, ePayments, BitCoin, UnionPay
  • Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Webmoney, Яндекс.Деньги, QIWI, Perfect Money, NETELLER, Payza, OKPAY, ePayments, BitCoin
  • Number of trading instruments 50
  • The number of CFD instruments 15
  • The number of metals 2
  • PAMM STP
  • PAMM ECN
  • ECN
  • STP
  • Crypto
  • Микро
Show: All Neutral Positive Negative
Negative feedback from Eлена Opinion translated automatically
When you trust money to a stranger, you do it either for the trust or by the guarantor. So in Russia the cases of Citadella from The Financial Commission. The company acts as a guarantor, and then takes a decision only broker.
Neutral feedback from Влад Opinion translated automatically
May I say as an old man. But it is better to trade with a brokers license, in the event that you have not judged the firm, The Financial Commission.
Positive feedback from Валерий Opinion translated automatically
FXOpen is a great broker leaves its competitors far behind thanks to its transparent trading conditions and quality service. Pleasantly surprised by the lack of requotes. When many DC trades are opened with a second and then a third attempt, at FXOpen, the orders are always opened instantly, even during news releases. Well, and never had any problems. Please plus regular promotions and competitions.
Positive feedback from Борис Opinion translated automatically
FXOpen is one of the few brokers offering the best conditions for trading cryptocurrencies, in particular bitcoin, litecoin, and other gascoine. And you can open an account in bitcoins and also to replenish and withdraw funds to Bitcoin wallet, saving on commissions. I have not seen any Forex broker that offered such a variety of crypto-currencies at the best trading conditions. Trade is conducted on a special Crypto account on the trading platform MT4 with ECN technology. Quotes are completely transparent, and the execution speed is high. The only negative - large spreads, but this is always the case when trading bitcoins. And it is not trade CFDs on Bitcoin, as many brokers and trade directly with bitcoin and other crypto-currencies in relation to dollar, Euro or ruble, which is very convenient. By itself, the good company, regulated by the FCA, takes money quickly, support the Russian language.
Positive feedback from Валентин Opinion translated automatically
I want to recommend to beginners FXOpen as a broker who really makes you money! Sell it for a few months, she has participated in contests among demo-accounts, which are regularly held by the company. Once even won a prize. Won the money on hyped Deposit, profit brought on WebMoney. The money came in a couple of hours. Then, it merged, but for the mistake, but rather out of greed, and the sum there remained a small, do not mind. Now threw new Deposit continue to trade according to its strategy. Among the benefits would like to highlight low spreads, fast execution, free contests with cash prizes, and almost instant withdrawals.
Positive feedback from Семен Opinion translated automatically
Checked into this company and received a no Deposit bonus. Managed to spin it 8 times! As a result, all the money was withdrawn without any problems is a plus. The disadvantages are some problems with the operation of the terminal, but they were all solved as soon as possible after contacting tech support.
Positive feedback from Martin Opinion translated automatically
Working with this company for 1.5 years, at the moment all satisfied. Started my acquaintance with Forex cent accounts, now moved to the STP. During this time there were no problems with the withdrawal. Plus quality spreads, no requotes and slippage, fast execution of orders and uninterrupted operation of the terminal, a large number of trading instruments, including cryptocurrencies. Of the minuses, the service Desk is not staffed, and at a certain time.
Positive feedback from dacha85 Opinion translated automatically
Good company with tight spreads and fast execution, contests for beginners and quality PAMM-service for experienced traders and investors.
389.6
Rating
8
Reviews