FXOpen — Forex Broker Rating and Review 2019

FXOpenFXOpen website
Status
Regulation FSPR, ASIC
Trading software Meta Trader 4
Headquartered Ebene Heights No 34, Cybercity Ebene, Mauritius

In 2003, FXOpen opened as an educational center in Cairo, Egypt educating and preparing individuals and groups in technical analysis for stocks and foreign exchange. In early 2005, FXOpen opened its own dealing service, and has since been at the forefront of the Retail Forex industry by striving to offer the best trading conditions, training and financial services to traders around the world.

FXOpen is a true success story achieved with strong customer service principles, flexible options, attractive promotions and a dedication to being the best. Now in 2009, in addition to servicing Retail Forex clients via the industry standard trading platform, Metatrader 4, FXOpen is proud to announce the launch of its innovative ECN/STP service.

The FXOpen ECN/STP service is unique in the way that it bridges the world's top liquidity providers into one MT4 platform offering not only an ECN price feed but also true ECN/STP execution and fills. FXOpen also provides an excellent PAMM service that combines multiple accounts into one account for the convenience of money managers.

From inception, FXOpen, has been one of the foremost trading service for Islamic traders with Sharia compliant swap free accounts being provided to give Muslims the same opportunity as is offered to clients worldwide. As a company with a global vision, FXOpen has been and always will be a company that tries to understand the different needs of traders from all cultures and beliefs.

FXOpen, with its extensive global reach, wide range of services, strong growth and experienced team of professionals, is your best traveling partner along the road to success. 

FXOpen trading information

WWW http://www.fxopen.com/
Address Ebene Heights No 34, Cybercity Ebene, Mauritius
Headquarters Mauritius
Free phone +230 403 43 00
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
ECN, $ 1000
Standard account, $ 1
Mini account, $ 1
Popular payment methods Credit Card, PayPal, Wire Transfer, Bitcoin
Account currencies EUR, USD, GBP
Other instruments metals, stocks, Bitcoin
Languages English, Spanish, Chinese, Japan, Arabic, Italian, German, Portugese, Russian, French, Turkish
Platforms Meta Trader 4
Broker type Broker
Regulation FSPR, ASIC, FSCL
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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