FXOpen - Review and Rating of a Forex Broker

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Логотип FXOpen
FXOpen Rating by voting: 44.46
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Reviews:168
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Reviews about FXOpen

13.02.2020
This broker has excellent trading conditions. It has low spreads, the terminal works without problems. The withdrawal of profit is quick.
28.03.2019
I sympathize with their thoroughness and transparency. All information on the cost of services is available and understandable. No hidden fees. It is necessary to pay a commission, more interest in the withdrawal, it is quite reasonable.
15.03.2019
3 years working on forex and 3 years working with FX Open. Probably, there are more favorable working conditions, but I don’t chase bonuses and promotions, I know that my deals will close at the stated price and the company will withdraw my money, these are the main indicators.

General information about FXOpen

  • Status: Recommended broker
  • Founded in: 2003
  • Regulation and jurisdictio:
  • Affiliate Program:
  • Special Features:
  • Contact Data: Ebene Heights No 34, Cybercity Ebene, Mauritius
    Tel: +230 403 43 72, +230 403 43 00
  • Official website: https://www.fxopen.com/en/

FXOpen Trading Conditions


Types of Accounts:
Minimum account: 1$
Minimum lot: 0.1 lots
Spread: from 0.5 pips
Payment options: Wire Transfer, Webmoney, Liberty Reserve, AlertPay, PerfectMoney, cashU, RBK Money, Moneybookers, c-gold, дебетовая карта платежной системы Payoneer, Union Pay
Trading Software: MetaTrader 4
Investment Programs:
Bonuses and Contests:
BITCOIN FOREX BROKER NO

About FXOpen

FXOpen has been offering Forex brokerage services since 2005 and is currently one of the most successful and fastest-growing Forex brokers.


 

Since the very start FXOpen has been true and loyal to its goal - making Forex trading more professional, easy-to-access and secure. FXOpen was founded by a group of traders so everything we do has the traders' interests at its core.


With our many years of experience, we know all the ins and outs of Forex trading. We know what it takes to achieve success in Forex and the pitfalls that may impede traders on their way there. We are open and like to share our experience and knowledge with traders to help them achieve the best possible results.


Our business model


FXOpen was the first Forex broker to offer its clients ECN trading via the Meta Trader 4 terminal. And with FXOpen's unique proprietary price aggregating technology our clients can benefit from the industry's most competitive spreads and low trading commissions. In addition, with our One Click Trading and Level 2 MT4 plug-in, traders can also place trades with just one click of the mouse.


In 2014 FXOpen continued to set the pace with its latest technologies and offered its retail and b2b clients Bitcoin trading.


Our clients can choose from a variety of trading accounts (STP, Micro, ECN and free unlimited demo accounts) and enhance their trading capabilities with Myfxbook and Zulutrade automated trading systems. FXOpen also offers its own PAMM technology allowing our 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. We also welcome Islamic traders and let them take advantage of Forex trading without violating Sharia law by offering them SWAP free accounts.


Our liquidity


FXOpen clients receive real-time quotes from the industry's largest liquidity providers. The list of our LPs include Dresdner, SG Paris, Standard Chartered, Barclays Capital, Bank of America, CRNX, JPMorgan, Morgan Stanley, Deutsche Bank AG, RBS, CITI, UBS, HOTSPOT INST, GOLDMAN and LavaFX.


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.


We believe that with a trader-oriented approach and strong focus on technological innovation, we can dramatically change the market for the benefit of the trader.


Our advantages:


  • For the first time in the Forex industry – cryptocurrency trading with Bitcoin, Litecoin, Namecoin and Peercoin
  • Trading accounts to suit every level of experience and investment – ECN, STP, Crypto, Micro
  • The industry's most competitive spreads - from 0 pips
  • Minimum deposit – from $1
  • Advanced price aggregating ECN technology
  • Maximum leverage up to 1:500
  • A wide selection of fast and reliable payment options
  • A vast network of regional offices and representatives
  • FXOpen Help
  • The latest economic news, professional market analyses and a Forex calendar
  • Monthly and daily account statements

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