FXOpen Review

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 registered locally in London, Perth and in Saint Kitts and Nevis. The broker is regulated in all jurisdictions it operates from, including the Financial Conduct Authority (FCA) in the UK and Australian Securities and Investments Commission (ASIC). FXOpen is also an approved member of the Financial Commission - an independent organization which specializes in regulating disputes between brokers and traders working on the Forex market.

 

FXOpen offers MT4 and MT5 Forex trading with a wide range of trading instruments: 100+ FX, CFDs, Indices and Cryptocurrency pairs (43). The broker also provides its own PAMM technology allowing 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. The company also welcomes Islamic traders and lets them take advantage of Forex trading without violating Sharia law by offering them SWAP free accounts.

 

Traders using FXOpen are offered the choice between several types of trading accounts: Micro, STP, ECN and Crypto with minimum deposit requirements ranging from 1 USD for the Micro account to 100 USD for the ECN account. This offers traders the opportunity to specialize their trading aims within the correct account.

 

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.

 

FXOpen trading information

 

Minimum position size 0.01
Pip spread on majors 2-5
Spread Type variable
Maximum Leverage 500
ECN, $ 100
STP, $ 10
Standard account, $ 10
Micro account, $ 1
Popular payment methods Credit Cards, Bitcoin, Wire Transfer, SEPA Transfer, China Union Pay, Neteller, Scrill, Perfect Money
Account currencies USD, AUD, CHF, EUR, GBP, JPY, RUB, SGD, Gold, Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), Dash
Available assets Metals, Oil, Gas, Indexes, CFDs, Bitcoin, Cryptocurrencies
Languages English, Spanish, Italian, German, Portuguese, Indonesia, Malay, Russian, Ukranian, French, Turkish, Arabic, Farsi, Thai, Chinese
Platforms MetaTrader 4, MetaTrader 5, WebTrader
Broker type Broker, ECN, STP
Regulation FCA, ASIC, FC
Foundation 2003