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Fxopen Review

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FXOpen Brokers Review

Fxopen Review Is A Forex Broker Established In 2003 That Offers Various Trading Services. The Company Is Headquartered In London, And The Company’s Subsidiary Fxopen Au Pty Ltd Has Its Office In Sydney. Fxopen Is An Online Forex Broker That Is Regulated By Asic And Fca. The Company Offers Clients Trading Services For Forex, Cryptocurrencies, Stocks, Indices, Metals, And Energies.

Fxopen Was The First Broker To Offer Its Clients A Unique Chance To Trade Via The Electronic Communication Network (Ecn) Based On The Metatrader 4 Terminal. Now Fxopen Provides A Full Range Of Active And Passive Trading Services To Over A Million Clients From 100 Countries. Fxopen Is A Member Of The International Financial Commission As Well As A Member Of The Federation Council Committee On Budget And Financial Markets.

FXOpen Company Details

FXOpen Scam Or Good Broker
Headquarters
Perth, Australia
RegulationFCA
PlatformsMetaTrader 4, MetaTrader 5, WebTrader
Demo AccountOffered
Minimum Deposit$10
Base CurrenciesUSD, EUR, GBP, CAD, AUD, CHF, JPY, CNY
Instruments50 Currency Pairs, Cfd, Indices, Gold And Silver, 43 Pairs With Btc, Ltc,
Customer Support24/5

FXOpen Pros And Cons

Fxopen Is A Broker Which Is Regulated By The Fca And Is Uk-based. This Means That It Offers Improved Credibility And Security Over Many Offshore Brokers. The Broker Has An Impressive Selection Of Markets, Including Fx, Indices, Commodities, And Bonds. Trading Costs Are Low, With A Mere $10 Required As Minimum Deposit. There Is No Inactivity Fee Or Commissions On Trades Executed Through Mobile Devices Or Tablet Pcs.

PROS

CONS

CONS

FXOpen Accounts Types

FXOpen Account Types

Fxopen Offers Four Different Account Types, Namely The Micro Account, The Stp Account, The Ecn Account And The Crypto Account. Our Micro Accounts Provide Our Customers With A Commission Of Only 0.5 Pip On All Major Currency Pairs. On Our Stp Accounts, The Commission Is Fixed At 0.3 Pips Per Side Per Trade And Is Rounded In The Client’s Favor To 0.29 Pips. Ecn Type Accounts Are Commission Free With A Fixed Spread Of 2 Pip On Each Side Of The Eur/usd Currency Pair. Finally, Our Crypto Accounts Cater To Our Clients’ Needs Of Trading A Variety Of Cryptocurrencies Comprising Bitcoin And Litecoin.

Micro AccountYes
STP AccountYes
ECN AccountYes
Crypto AccountYes

FXOpen Registration

FXOpen Platform & Tools

FXOpen Brokers Platform & Tools

FXOpen Offers Two Platforms Mt4, And Mt5. The FXOpen Platform & Tools Are What Truly Sets Us Apart Giving You Access To The Trendiest, Most Reliable, And User-Friendly Trading Platforms On The Market. Our Platforms Provide Total Access To An Extensive List Of Trading Tools, Helping You To Find Entries, Set Stops, Execute Orders With Precision, And Stay Updated With Market Information All Day Long. 

Metatrader 4 Yes
Metatrader 5Yes

FXOpen Copy Trading

FXOpen Copy Trading Is Available Through Myfxbook Autotrade And Zulutrade. These Are The Top Social Trading Platform Providers, So You Can Be Sure That You Will Have Access To A Wide Range Of Tools And Features. We Have Already Reviewed These Platforms In Detail. Here, We Will Focus Mainly On The Trading Conditions And How To Start Copying The Trades Of Successful Traders.

FXOpen Copy Trading Features

FXOpen Deposits

Fxopen Offers An Excellent Low Deposit Of Just $10 To Fund Your Trading Account. Fxopen Does Not Charge Any Deposit Fees When Traders Fund Their Trading Accounts. Deposit Currencies Accepted Are USD, EUR, GBP, AUD, CHF, JPY, And RUB. In Addition, It Also Accepts MYR, THB, IDR, VND, And CNY. Traders Must Also Take Not That They Need To Verify Whether Their Financial Institution Waives Its Own Fees As There May Be Additional Fees Payable.

Credit & Debit CardYes
Bank Wire TransfersYes
China UnionPayYes

FXOpen Withdrawal

Fxopen Offers A Wide Range Of Withdrawal Options, Enabling You To Choose The Most Convenient Method For Your Requirements. Bank Transfers Typically Take 2 – 3 Business Days To Complete, But Can Take Up To 5 Business Days. Cards Are Processed And Verified Instantly, But There Is A 1 – 3 Business-day Processing Time Before We Credit Them To Your Account. All Withdrawals, No Matter The Method, Have A 24-hour Processing And Verification Period Before The Funds Are Available For Use.

FXOpen Minimum Deposit

Fxopen Has A Minimum Deposit Requirement Of Only $10. The Minimum Deposit Amount Of $10 When Registering An Account Is Equal To Zar14.95 At The Current Exchange Rate Between Us Dollar And South Africa Rand On The Day This Review Was Written. FXopen Is An Established Broker In The Market, Having Been Trading Since 1999, And Regulated By The Fca.

FXOpen No Deposit Bonus

FXOpen Brokers Platform & Tools

Fxopen No Deposit Bonus Is A Regular 10$ No Deposit Bonus For Stp Accounts With Grade 2 Verification For Clients. The Bonus Program Provides Fxopen Brokers An Opportunity To Ensure Each Client Is Satisfied Before Depositing Any Funds By Using Instant Deposits.

FXOpen Promotion

Fxopen Is Pleased To Offer A Cashback Promotion. Based Upon Traders’ Real-time Trading Results, Fxopen Will Pay Bonus Funds Into Their Commission Account Located At Fxopen. Each Single Deposit You Make Into Your Account May Be Eligible For The Cashback Program, Which Will Provide You With Even More Funds To Trade With.

FXOpen Customer Service

Fxopen Customer Support Is Available 24/5 Via Live Chat, Email, And Phone Lines. The Site Also Features A Comprehensive Faq Section, And A “Glossary” Section Where You Can Find Detailed Explanations Of Forex Trading Terms. In Addition To Its Customer Service, Fxopen Maintains An Active Presence On Twitter And Facebook, Which Can Help You Stay Up To Date With The Latest News, Offers, And Promotions From The Broker.

FXOpen Contact Details

FXOpen Review Conclusion

Fxopen Review A Broker That Makes Access To The Forex Market Easier While You Can Benefit By Lower Deposits Or Trading Requirements, As Well With A Wide Range Of Attractive Offerings. The Broker Also Keeps Regulatory Supervision For Their Operations, Which Ensures That The Traders’ Legal Rights Are Well Protected And Secured. Ecn Trading Is A Good Choice For Experienced Traders And Those Who Prefer Technical Or Programmed Trading As A Major Strategy. Fxopen Review Offers You Unique Opportunities To Trade From Profit To Profit.

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