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Independent rating of Forex broker FXOpen

4/10 (votes 100)

On-line since
2005
Country of origin
Seychelles
Regulation
The FSC license was terminated in May 2010 - are not regulated.
Payment options
WebMoney, Liberty Reserve, Wire Transfer, AlertPay, Perfect Money, CashU, e-Gold
Minimum account size
from $25 for standard accounts , ECN/STP from $1000
Minimum lot size
0,1 lot
Leverage
from 1:1 to 1:500
Spreads
0,5 pips on EUR/USD
FXOpen Company was established in 2003 as an educational project, offering team and individual lessons on technical analysis at the securities and Forex market.
The Company offers dealing services since 2005. Since the beginning of 2009 FXOpen provides for its clients trading via the Electronic Communications Network (ECN) with a direct execution of orders on the basis of MetaTrader 4 terminal, moreover, the Broker also offers swap-free accounts.

Comments

Author: Quicker Date: 2021-09-26 13:03:27 (UTC+3)
My withdraw has not been process since for last 4 days, do you care about clients?
Author: Volodymyr Date: 2021-04-13 10:38:25 (UTC+3)
I am happy that this broker offer me the ECN trading technology and also the spreads are the lowest as compared with the other brokers.
Author: Sarah Jones Date: 2021-03-04 21:34:43 (UTC+3)
I have changed many Forex Brokers in the past but then after trading with the FXOpen AU i find that they have Actual market spreads and this is why i am continue trading with them for 3 years now.
Author: Max Taylor Date: 2020-12-06 19:23:40 (UTC+3)
FXOpen is my only Forex Broker as i have tried trading with some of the other brokers but did not like their trading conditions. ECN trading is best with FXOpen as i get very Low Spreads which make sure that my trades are Best executed.
Author: fxjipi Date: 2016-09-16 09:13:55 (UTC+3)
FX open has some advantages and disadvantages are rather high commission is 1pip and sometimes within rollover Bank they widen the spread EUR / USD (4 Pips). But good customer support. Very fast execution times, less slippage, good liquidity. I am still trying to find more information about FX open I do not want to get stuck in the wrong broker.
Author: samiired Date: 2016-09-07 03:08:08 (UTC+3)
The educational trading materials are incomplete. Some of the vital information are not included.
Author: R.Hiess Date: 2016-08-17 21:58:05 (UTC+3)
Very sad with this broker. Their services are the worst! Execution is slow and I found many technical problems. I lost all my money, they play against clients.
Author: Bart Date: 2016-07-29 09:20:21 (UTC+3)
They have fast execution, reasonably low spreads and I have`t faced negative slippage for 1 year of trading with FXOpen. Good company, trusted one.
Author: Connell Date: 2016-07-21 04:51:15 (UTC+3)
FXOpen is total scam, this broker removed their telephone numbers and fax numbers from the website. Additionally, they are one of the 14 unregistered and non licensed brokers sued by the CTFC. I cannot refer to the third party website that is posting this but you can feel free to Google "14 brokers sued by CTFC to fidn out for yourself". Stay Away from this outfit
Author: Biondi_fx Date: 2016-06-30 21:50:01 (UTC+3)
Their trading platform is a little unstable and customer support delays a lot in replying your requests. Sometimes there are requotes and speed of execution could be better. One of the negative things is that this broker is not regulated.

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