FXOpen — Forex Broker Rating and Review 2020

FXOpenFXOpen website
Status
Regulation FCA, ASIC, The Financial Commission
Trading software MetaTrader 4, MetaTrader 5, WebTrader
Headquartered London, Sidney, Charlestown (Nevis)

FXOpen is a Forex and Cryptocurrency Broker, founded in 2005 by a group of traders. With over a decade of experience, the company has gained an excellent reputation of a major Forex brokerage company that continues to expand rapidly. Today, the broker is present over the globe with entities registered locally in London, Perth and in Saint Kitts and Nevis. The broker is regulated in all jurisdictions it operates from, including the Financial Conduct Authority (FCA) in the UK and Australian Securities and Investments Commission (ASIC). FXOpen is also an approved member of the Financial Commission - an independent organization which specializes in regulating disputes between brokers and traders working on the Forex market.

FXOpen offers MT4 and MT5 Forex trading with a wide range of trading instruments: 100+ FX, CFDs, Indices and Cryptocurrency pairs (43). The broker also provides its own PAMM technology allowing clients to benefit from the strategies of experienced traders with a proven track record of successful trading and guarantees automatic distribution of profit and loss between the strategy provider and the strategy followers. The company also welcomes Islamic traders and lets them take advantage of Forex trading without violating Sharia law by offering them SWAP free accounts.

Traders using FXOpen are offered the choice between several types of trading accounts: Micro, STP, ECN and Crypto with minimum deposit requirements ranging from 1 USD for the Micro account to 100 USD for the ECN account. This offers traders the opportunity to specialize their trading aims within the correct account.

FXOpen guarantees excellent customer support, strict compliance with all trading terms and conditions and reliability, backed up by the latest state-of-the-art technology.

FXOpen trading information

WWW https://www.fxopen.co.uk/, https://www.fxopen.com.au/, https://pamm.fxopen.com/, https://analytics.fxopen.com/, https://fxopenaffiliate.com/, https://landing.fxopen.com/crypto/
Address Springates East, Government Road, Charlestown, Nevis
Headquarters London, Sidney, Charlestown (Nevis)
Free phone +64-9-801-0123; +49-693-329-6294; +33-979-998-040
24 hour support
Trust management
Partnership programs
Expert advisors
Free education
Bonuses, Promotions
Mobile trading
Automated trading
Daily analysis
24 hour trading
Hedging
PAMM
Digits after the dot in quotes 5
Minimum position size 0.01
Pip spread on majors 2-5
Spread Type variable
Leverage 500
STP, $ 10
ECN, $ 100
Standard account, $ 10
Micro account, $ 1
Popular payment methods Credit Cards, Bitcoin, Wire Transfer, SEPA Transfer, China Union Pay, Neteller, Scrill, Perfect Money
Account currencies USD, AUD, CHF, EUR, GBP, JPY, RUB, SGD, Gold, Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), Dash
Other instruments Metals, Oil, Gas, Indexes, CFDs, Bitcoin, Cryptocurrencies
Languages English, Spanish, Italian, German, Portuguese, Indonesia, Malay, Russian, Ukranian, French, Turkish, Arabic, Farsi, Thai, Chinese
Platforms MetaTrader 4, MetaTrader 5, WebTrader
Broker type Broker, ECN, STP
Regulation FCA, ASIC, FC
Foundation 2003
Copy Trading Brokers
Bitcoin Forex Brokers

Thanks to all contributors on this forum for real comments on fxopen. It has played a crucial role in my decision to open account in FXopen. For 2 months of demo and 3 months of real trading I can make you sure that all said about this company is true. Many thanks to all of you.

Georgiy   29 March, 2017  

Company accepts many types of payments so it doesn't make any problems whether I deposit or withdraw funds. Good start for small traders with limited capital. As well as I did, anyone can open account with $1 from wherever you are. In my case, this is from Spain and I had no issues in processing docs not in English. In addition, trading is comfortable even on small accounts. High leverage allows to trade with much bigger volumes. It is 1:500, which is perfect and beneficial to trade with 50 bucks on balance.

Berlliss   23 August, 2016  

If you are not perfect in forex trading, do not worry about it and invest in PAMM account of FX Open. This is not advertising, just I am happy to find a perfect broker finally. I am trading here in the ECN environment on PAMM account. Frankly speaking, I do not like the stop out level – it is rather high – 50 %, I’d prefer to have liquidation of the opened positions instead of stop out, but my trader is doing well and we manage to escape the consequences.
Besides, it is possible to change the leverage the broker provides. The trader should send a message with a desirable level of leverage and it could be reconsidered. Cool!

Ross5577   5 July, 2016  

Good News for FXOpen!

FXOPEN INVESTMENTS PTY LTD
ABN: 61 143 678 719
Licence No: 412871
is hereby licensed as an Australian Financial Services Licensee pursuant to section 913B of the
Corporations Act 2001 subject to the conditions and restrictions which are prescribed, and to the
conditions contained in this licence and attached schedules.

Jafar Calley   1 December, 2011  

FXOpen was just named Best Forex Broker Australasia 2011 at the World Finance Forex Awards. When accolades such as this are awarded to a company, it goes to chow which company is the best choice.

Jafar Calley   29 June, 2011  

fxopen is a very good ECN broker. I trade forex as part of an extensive portfolio so reliable trading is a must for me and this metatrader platform is steady as rocks.

Ahmed Aziz   11 October, 2010  

I am with fxfrench.com and I am scalper with ECN. They didn't have a real licence from the african island before so losing it is nulle :D Always paying me on the liberty reserve.

Jean Betons   4 July, 2010  

me too..with fxopen about 3years..i trust them..

izwan   2 July, 2010  

So, Jafar? Any news about regulation? Got rejected from Australia as well?

Lucky   18 June, 2010  

no way i wished to see fxopen in dark, no they don't give me any commission to post positive in various forum, they also didn't blown my money, they also didn't underestimate client like me who only trades in micro a/c just with 2 dollar deposit, no they didn't show excuses for withdrawal if i pressed withdrawal just once, so if some one thought fxopen and Mr. Jafar calley both came from heal to rob people on earth, then it's his/her headache who believes comments without proof. Now a days, Fxopen's service is really trustworthy, am not a fool by any means, am with them allmost from last 2years, and am really satisfied with their service.

cafedeart   2 June, 2010  
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FXOpen Rating and Review

FXOpen Rating

66 %   34 %


FXOpen Reviews Rating

Reviews Rating FXOpen - 5

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