FXOpen Review

FXOpen is a brokerage company with the main principle to offer its clients only what traders really need. That statement has already proved to be true by the development track record and the whole history of the Company.

FXOpen was founded in 2003 as an educational center to teach technical analysis, meeting the demand for specialized knowledge that ensures efficient trading. 2 years later, in 2005, the Company`s management made a decision to open a brokerage center. That step provided traders from all over the world with trading conditions of the highest quality, with an excellent customer support and ongoing updates of the whole service.

In 2009, FXOpen was the first one to offer and introduce MT4 Trading Platform to provide traders with an access to the ECN market , which was definitely a breakthrough. After that, the Company developed an ECN/STP technology, introduced PAMM accounts, provided one of the lowest spreads in the industry, showed really small minimum deposits, big leverages, super-fast execution and more.

FXOpen was the broker to pioneer cryptocurrency trading in the whole Forex industry. All that features together with a trader-oriented approach, favourable trading conditions and the desire to move forward prove FXOpen to be an honest, modern and customer-friendly broker. Join the family of FXOpen clients and enjoy great trading conditions!

Typical Spread on Majors

* STANDARD account shown.
Headquarters London, United Kingdom
Type of Broker Market Maker & ECN/STP
Founded 2003
Regulated By Regulated By ASIC (Australia), FCA (UK)
Offices In Saint Kitts and Nevis, Australia, United Kingdom, Russia
Supported Languages English, Arabic, Chinese, Farsi, French, German, Portuguese, Russian, Spanish, Thai, Malay, Indonesian, Ukrainian, Turkish
ESMA Regulation ? This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article
Account Currencies USD, AUD, CHF, EUR, GBP, JPY, RUB, SGD, BTC, LTC
Minimum Deposit $1
Traders from USA Allowed No
Clients Funds Segregated Yes
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions Muslim Faith Only
ECN / STP Accounts Offered Yes
Commission on STP or ECN From 1.5 units of Base Currency per side for ECN Account
VIP Accounts Offered No
Mini Accounts Offered Yes
PAMM / MAM Solutions Yes
API Solutions Yes
Mobile Trading Yes
Web Based Trading Yes
Funding Methods Credit/Debit Cards, Wire Transfer, Netbanx, OKPAY, ePayments, Skrill, WebMoney, Neteller, QIWI, Perfect Money, Payza, IntellectMoney, Yandex Money, China UnionPay, RBK Money, SorexPay, fasapay, paysafecard, Bitcoin, Litecoin, Namecoin, Ethereum, Tether
Withdrawal Methods Credit/Debit Cards, Wire Transfer, ePayments, OKPAY, paysafecard, Yandex Money, Skrill, WebMoney, Neteller, QIWI, Payza, fasapay, Perfect Money, Bitcoin, Litecoin, Namecoin, Ethereum
Platforms Offered MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 Android, MetaTrader iOS, , WebTrader
NO of Pairs 52
Cryptocurrency Trading Yes
Pricing Digits 5
Trade off Charts Yes
One-click Execution Yes
Email Alerts Yes
Mobile Alerts Yes
Trading Server Time GMT + 3
Demo Account Expiry 3 Months of inactivity
VPS Offered Yes
Free VPS Conditions Free if maintain equity of USD 5000 or trade volumes of USD 10,000,000 (per calendar month).
Dealing Desk Yes
Maximum Leverage 500:1
Minimum Contract Size 0.0001
Execution Instant Execution (Micro and Standard Accounts), Market Execution (STP and ECN Accounts)
Hedging Yes
Scalping Yes
Scalping Restrictions No
Option of OCO No
Option of FIFO No
Liquidity Providers 20+
Negative Balance Protection No
CFD's Yes
Metals Yes
Oil Yes
Indices Yes

FXOpen Reviews

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Finn Country: Netherlands Acc No: 1*****5 Aug 16, 2021
FXOpen Markets is the best Forex broker among others in the terms of the Deep Market Liquidity and this is the reason i have chosen them.

Thank you FXOpen

Julian Country: Tokyo Acc No: 1*****0 Aug 12, 2021
FXOpen has the lowest spreads and good customer support

The lowest spreads have ensured that i can continue to do my trading with more Profits.

Thanks you Team FXOpen.

ALEKSANDER Country: Poland Acc No: 1*****5 Aug 2, 2021
Lower Spreads in the ECN

I have compared the Real time price feeds of many of the Forex brokers and i have always found the spreads in the FXOpen have been lower in the Major currency pairs. I am trading with this broker when i joined them in 2018 using their ECN trading account.

Country: Palermo, Sicilia (Italy) Acc No: 1*****5 Jul 27, 2021
I have been trading for more than 9 years now so I know that when choosing a broker what is more important for me is that it should be reliable and allow me to use any kind of trading system.

The main reason why i started trading with FXOpen Markets is that they allowed me to do trading using any strategy unlike some other brokers which have certain restrictions on them. I am doing my trades with scalping and expert advisors with FXOpen Markets and no problems.

I can recommend this Broker.

wentwor Country: Maroc Acc No: 6****3 Feb 7, 2021
Les meilleures sociétés de trading fxopen peuvent travailler avec des débutants car la société offre de nombreux avantages pour les débutants tels que la copie de métiers, le support technique et l'analyse économique

Heno Country: Egypt Acc No: 7****3 Jan 21, 2021
My review of FXOpen My evaluation of this company after about two years of trading with them, and I will speak with all impartiality about the most important advantages of this company and the most important shortcomings Prices can be from respectful and honest companies that can be traded with a low spreads. For example, you find that the spread for the pair of the US dollar against the Japanese yen is 14 points. That, and sometimes it is lower, the market is an active stock and you find the spread for the US dollar against the Canadian dollar is 16 points. Only and also the euro against the US dollar, the spread is only 13 points. As for gold against the US dollar, the spread is 20 points, and sometimes more than that. I had the experience of trading on risky days, especially on Christmas holidays in December and January, and it is known that many traders do not prefer trading at this time of the year due to the high risk and market fluctuations in these two months. Over the past two years, I have been trading at this time, especially after December 25, and no fluctuations occurred in the market and I won from this trading. All there is, the market movement was only slow, but no fluctuations occurred and I won from trading and this is what I remember well because I was very worried that I trade at this time Among the features of the company We have said the low spread, and the most important thing is not to be afraid of trading on holidays and fluctuations. One of the additional advantages of the company is that it carries out periodic contests between traders and various contests to obtain an additional bonus for trading with it and always encourages traders to trade and does not skimp on them with information as there are forums for the company with all Languages have a multitude of information and members ’experiences in trading. It is also noticeable that the company’s activity in previous years has made remarkable progress and has worked to correct past mistakes and has improved a lot. Now the company also gives a free registration bonus as an encouragement to new traders and always comes with offers and discounts for traders to encourage them to continue trading Company flaws Among the most serious defects of the company that I notice is technical support, there is technical support and is quick to respond, but I do not find that it has all the powers to solve the problems of members and traders, so it often does not solve problems or takes more time to solve them Also, I heard that the company is not good at trading on large amounts, and this frankly, I did not try it because I usually trade on small amounts, which are less than $ 250, and I did not find any problems with the company in trading from withdrawal, deposit and trading, so the evaluation in this regard is very good One of the biggest defects of the company is the Arab section, so it is known that Arabs are those who love to gamble and trade through forex, and that company is not good at winning the Arab customer to it, and this is for several reasons, the most important of which is Arab technical support, which is one of the biggest flaws of the company, as there is almost no technical support for the Arab department, so the presence of Arab technical support Almost every week for an hour only and it does not solve any problems, and this is what I already tried, so I had a problem and an inquiry, and I waited a week for a response and when the response arrived a week later, I made another inquiry at the same time and I did not receive an answer to it Among the disadvantages of the Arab section is the bonus, as the administration does not pay any attention to the bonus for the Arab section, and there is always tampering and changing conditions for not sending the bonus for members, and this also has a great impact on the company's inability to attract the Arab customer I see the solution to this problem, which is the presence of strong Arab support all the time and the company's credibility in sending the members' bonus for the Arab section without manipulation so that the members can make the required advertising for the company with credibility. If the company is not honest with its members in the Arab section, and the bonus is sent to them on time and without any change of conditions and complications Things are so that the members do not get the bonus, and this is in addition to the reduction of the bonus that happened .. How can a company win the Arab client if it cannot maintain the Arab members?

viclen Country: Ukraine Acc No: 1******0 Dec 24, 2020
When 8 years ago I started trading on Forex, I was looking for a broker that conducts demo contests - I wanted to learn how to trade without risking my deposit, and I wanted to get an initial deposit without investing my own funds. I found FXOpen - this broker runs many contests for beginner traders. On the one hand, the broker is interested in training its new clients, and on the other hand, it helps them to become professional traders and gives real prizes - they can be used for trading or simply withdrawn as a profit. Over the years, I have repeatedly won prizes in various contests from FXOpen and have used these prizes both for trading and for withdrawing. Real prizes in contests are a feature of the company, because now it is quite rare to find a contest with withdrawable prizes. The company also has its own forum where contests are held. Now there is a very popular weekly contest from FXOpen "Competition from 10 TO 100". I opened a real STP account for only $ 10, traded on it and not only withdrew my profit for trading, but periodically got into the winners and received additional real money in this contest. At the same time, the company provides very good trading conditions on a real account, so that I can even trade XAUUSD gold, having a small deposit - a leverage of 1: 500 and a low spread. I am very happy with my broker, because the withdrawal of profits is always quick and hassle-free. The company has professional technical support.

Elena Country: Ukraine Acc No: 1******0 Nov 26, 2020
I have been trading with FXOpen since 2012. I like the trading conditions that the company provides to its clients. Low Wednesdays - especially for XAUUSD gold. On an STP account, the spread for five-digit quotes for this instrument is only from 10 to 30 pips. I am especially attracted by the fact that you can trade gold with a leverage of 1: 500. This is a unique advantage at FXOpen because I can trade gold with a small deposit. For me, FXOpen is the best broker in this regard. In addition, over the years of cooperation, I have never had problems with the withdrawal of my profits - always quickly. In addition to trading, I regularly participate in contests held by FXOpen. I remember the Forex School contest in September 2017, when I was among the prize-winners who received a prize PAMM account of $ 200 from the company. It was super! FXOpen has its own PAMM service. This is an opportunity to get additional profit not only from trading, but also from investments. I am happy to have found a reliable broker with an FCA license.

Mona Makien Country: Egypt Acc No: 7****7 Nov 24, 2020
hello traders my name is mona makien i want to tell you about my experience with FXOpen , i am a old women and was hard to belive in that new things to me , but my nephew convised me to try it , and i did by little money at first but i found that i lose , so my nephew start to learn me how to trade , and he advise me to read about the trading in FXOpen forum that is wroten by many language , from this time i found my self earn some money , about FXOpen they are honest , and the dealing with them so easy , so my advise to all new tradres , read more about trading in FXOpen forum , then start in save way with FXOpen

Sabry Haleem Country: Egypt Acc No: 7****9 Nov 23, 2020
my name is sabor and i want to share my experience with all the new traders in the trading world , with my experince in FXOpen , i am a trader from 2011 until now , and i tried many company for trading , but i found the best one until now is FXOpen , so i am with them now , they are honest company , have many trust license in trading , and the contact with them so easly , and they have many options in trading and also many pairs currency , i did not met any problems with them until now , so if you are a new trader , or even old trader, come and join us for free in FXOpen , you will see the differnce by your own eyes, My advice to every beginner trader First, choose the honest company that you will trade with, such as FXOpen After that, you can train in trading by opening a free account without any money and then you can start with real money by opening a real account Do not try to greed or compensation. Just anaalyze the market well before trading and after that start trading with FXOpen and enjoy the many discounts offered by the company as well as prizes and fun competitions that continue throughout the year at FXOpen

Country: Paris Acc No: 1*****2 Nov 2, 2020
After I started trading with FXOpen, I have seen that my profits have increased and this is due to the Fast execution of my trades.

FXOpen have ECN Technology which allows Best execution of my trades and at the prices which i have clicked in my orders.

I can trade now without any problems and i can see my daily income increasing.

This is a very Good Broker.

nelzon Country: Bolivia Dec 31, 2018
nelzon Country: Bolivia Dec 31, 2018
q opinan de este broker sera de confianza?

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