FXOpen Reviews and Comments 2020



With FXOpen I finally understood what distinguishes the normal brokerage from a cheater. Now I understand that constant slippages on every stop loss is not normal. Now I know that slippages can really happen but only when the markets get wild, not on every trade. I also finally understood that regulations really matter. I think that FCA and other authorities really keep their eye on what broker is doing. I can't explain otherwise the fact that I always suspected my other broker in quotes manipulations and I've never had similar suspicions about FXOpen. Highly recommend the company!

Samuel   24 March, 2020  

I am trading with FXOpen for the last 4 years and am very happy with the broker. I recommend FXOpen to all novice traders because Forex trading is not easy, but this company has made it easy for me, something I really appreciate.

Sam   17 March, 2020  

I don't think there can be a good broker with no regulator's supervision. Brokerage services bring lots of money to thier owners so there is no single reason why part of these money can't be spent to obtain all the necessary licenses and pay all the fees. I chose FXOpen because from the very beginning they've chosen to do a legitimate business complying with all the rules and regulatioons in evry country they do business at. I am completely sure that such honesty is 100% necessary for a reliable partner to have. Why would anyone think broker will avoid regulator and government but be honest with its clinet. Its rediculous. Surely they won't. My strategy woked for me. I'm completely satisfied with trading conditions at FXOpen and totally recommend every forex and CFD trader trying it.

Fredd   12 March, 2020  

I have been trading with this company since March 2019. Already six times made small withdrawals. I like the terms of trade. Several times I contacted technical support for advice. The guys quickly told everything and answered questions. I like that broker has MT4 and MT5 platforms. There are no reasons to change the company. I will trade here further.

Alex   12 March, 2020  

Company has many regulations to provide security for traders from all around the world. That doesn't affect your trading, you just have more security, so why not?

TradeWisely   10 March, 2020  

I also don't know why they so love regulations, I simply don't like regulators, as they work not for trader, but for themselves. However, regulations build up an image of broker and prove that broker is 100% reliable. Each national jurisdiction requires broker to have national regulation in case if brokerage wants to work there. As I know, FXOpen has 3 regulations - FCA, ASIC, The Financial Commission. I rechecked everything. I just went to the FXOpen website and it was info about all regulations with proofs, I intently checked everything and yes, all regulations are 100% real and can be found in the official sources.

Sandy   4 February, 2020  

Glad to hear executions are fine here. I've faced significant losses before due to slippage and transferring to the other brokerage I don't wanna face this experience ever again. See, impatience is not the only way to drain the deposit. If FXOpen has got fast executions, I'm ready to try as the company's history really builds up some trust!

Jerry   6 January, 2020  

The matter is that each country and it's government has own set of rules and requirements for brokers to perform thier operations on the territory of such a country. For this reason brokers often have to register with numerous regulators if they wanna go international but still comply with each country's individual requiremnts. So FCA is for working in the Great Britain, ASIC in Australia, Financial Commission is for European countries, etc. This is rather easy to see if the licenses are real. Simply check with the official regulator's lists. They can be easily found on regulators websites.

NeoBeum   10 December, 2019  

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  

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  

Jafar...your link leads nowhere...a bit like your broker. Australia? If you struggle to keep clean and regulated in Mauritius....how the hell you gonna survive in Aussie..."FXOpen...Forex with a bunch of cowboys" (no insult intended Texas).
To Lucky, I think he needs to work the voting for the rating on this site...then he will be fed and watered...yeeee haaaa!!

Scam   2 June, 2010  

Jafar, aka fxfrench.com, tell us the truth. Do they keep you chained without food and water and make you post in all forums an other sites? NO thread ever on the web left without you yelling in defense of fxopen. While googling fxopen reveals scam on the very 1st page. Are you ok? Should we call police to finally release you?

Lucky   1 June, 2010  

The weather is much nicer in Australia with ASIC keeping the rain away.

Jafar Calley   31 May, 2010  

To Jafar Calley.....looks like your FxOpen may now move to one of your unregulated countries...as they no longer have a licence and are no longer welcome in Mauritius....I understand Belize is nice this time of year....hehe.

Scam   28 May, 2010  

good service but trading system very slow..

TKS   28 May, 2010  

so far so good....no prob at all....very good with great trading conditions...happy trading to all...

john smith   20 May, 2010  

The way I see it, Cyprus becoming properly regulated is a good thing. However, this article has been spread far and wide targeting FXOpen for some reason. FXOpen is registered and Regulated by the Mauritius Financial Services Commission, the official government financial regulator in Mauritius. The CySec decision doesn't affect FXOpen in any way as the company doesn't currently operate out of Cyprus territory. Investors should use common sense when selecting a broker. Try to avoid brokers registered in un-regulated countries such as Belize, BVI and especially be careful of companies that claim Russian regulation as Russia regulates only stock and commodities trading and has forbidden companies to use the Russian licence for Forex activities.To view the OECD whitelist of trusted zones outside of the EU such as Mauritius and Cyprus.

Jafar Calley   24 December, 2009  

I like to trade with this broker. never problems.

Altis   2 December, 2009  

good service broker beb

mie27   21 November, 2009  

Wow! PAMM services! I wonder if there are still people that DUMB to bring their money to these Belarussian cheaters...

Jerry   12 October, 2009  

ok broker, but very slow execution!!!!!!!!

ulagac   4 October, 2009  

they are rubber i trade with it for one month but there are not any guarante for click .

ali ash   16 August, 2009  



Choosing a broker is not as difficult as it appears at first sight. However, it is important to find the right approach to this matter. First off, this means studying reviews about FXOpen. When making their choice, traders take various criteria into consideration, including: years of broker's operation in the forex market, broker's reputation, their trading conditions, and much more. At the same time, clients' practical comments about the company are equally important. It is recommended that before getting registered with FXOpen, a trader gets acknowledged with comments of the broker's clients who have real experience of trading with this company.

Promotional terms as well as information published on the official company site are not always objective, therefore they don't give a 100% guarantee of faultless broker's performance.

We introduce original reviews and comments on FXOpen. They have been written by actual or former clients of the company.

FXOpen Information
FXOpen

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...

Regulation: FCA, ASIC, The Financial Commission

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