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
|Headquarters||London, United Kingdom|
|Type of Broker||Market Maker & ECN/STP|
|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|
|Traders from USA Allowed||No|
|Clients Funds Segregated||Yes|
|Interest on Margin||No|
|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|
|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|
|Trade off Charts||Yes|
|MetaTrader Server Time||GMT + 3|
|Demo Account Expiry||3 Months of inactivity|
|Free VPS Conditions||Free if maintain equity of USD 5000 or trade volumes of USD 10,000,000 (per calendar month).|
|Minimum Contract Size||0.0001|
|Execution||Instant Execution (Micro and Standard Accounts), Market Execution (STP and ECN Accounts)|
|Option of OCO||No|
|Option of FIFO||No|
|Negative Balance Protection||No|
To submit your own Forex Broker review please fill in the form below. Your review will be checked by a moderator and published on this page. Please ensure that you use a valid email address when posting your review and check your email after submitting the review - we will send you an email with a confirmation!