FXOpen Review, Rating and Comparison

Overview

FXOpen Trading Accounts

Rank
3.18/10
Based on 13 Reviews
Position in Rating
51
Since 06 August, 2015
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (13) «Scam Alert» 0% (0)
Official Name
FXOpen
Headquarters
P.O. Box 590, Springates East, Government Road, Charlestown, Nevis
Offices in
Russian Federation, New Zealand, Spain, Germany, France
Year founded
2003
Official Website
Official e-mail
Phone numbers
+6498010123
+74993460960
+74993460381
+34931768529
+496933296294
+33979998040
+97316198806

Broker FxOpen is considered one of the most innovative and fast growing companies. Company began its activity in 2005 and headquartered in Russia. In 2009 Fx Open launches MT4 ECN platform, which makes broker the first in enabling retail customers to go to the interbank market. The next step of development for company was the introduction of PAMM technology, with the highest level of transparency without any hidden conditions. In 2014 FxOpen offers its customers trading with BitCoins and with other cryptocurrency, thereby maintaining the reputation of innovator.

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Rating chart

Detailed Information

Min. Position Size, lot:
0.01
Min. Account Size, $:
1
Max. Leverage
1:500
Spread:
Payment Options:
WebMoney, QIWI, Neteller, Skrill (Moneybookers), Bank Wire Transfer, Visa \ MasterCard, Perfect Money, SorexPay, Wallet One, RBK Money, Payza, Bitcoin, IntellectMoney
Regulation:
ASIC, FCA, FSP
US Traders:
Demo Platforms:
MetaTrader 4
Account Currency:

USD, EUR, GBP, AUD, CHF, JPY, SGD, RUB

Website Languages:
English, Spanish, Russian, German, Portuguese, Arabic, Indonesian, Chinese
Support Languages:
English, Russian, Arabic, Indonesian, Chinese
Support Methods:
Callback, Phone, Email, Live chat
Trading Server Timezone:
GMT +2
VPS for Traders:
You can use FXOpen VPS for free during 1 month if you: * maintain equity of USD 5000 in your accounts at the end of the month; * or have traded volumes of USD 10,000,000 (per calendar month).
Micro
STP
ECN
Crypto
Min. Position Size, lot:
0.001
Min. Account Size, $:
1
Maximum leverage, 1:
500
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:500
Gold & silver — 1:500
Trading Platforms:
MetaTrader 4
Digits after the decimal point in quotes:
5
Margin Call Level, %:
20
Stop-out Level, %:
10
Additional Features:
  • Swap Free
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
10
Maximum leverage, 1:
500
Spread Type:
Variable
Typical spread on EUR/USD, pips:
0.3
Min. spread on EUR/USD, pips:
0.0
Trading Instruments:
Forex — 1:500
Gold & silver — 1:500
Trading Platforms:
MetaTrader 4
Digits after the decimal point in quotes:
5
Margin Call Level, %:
50
Stop-out Level, %:
30
Additional Features:
  • Swap Free
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.1
Min. Account Size, $:
1000
Maximum leverage, 1:
500
Spread Type:
Variable
Typical spread on EUR/USD, pips:
0.5
Min. spread on EUR/USD, pips:
0.0
Trading Instruments:
Forex — 1:500
Gold & silver — 1:500
Trading Platforms:
MetaTrader 4
Digits after the decimal point in quotes:
5
Margin Call Level, %:
100
Stop-out Level, %:
50
Additional Features:
  • Swap Free
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
10
Maximum leverage, 1:
3
Spread Type:
Variable
Typical spread on EUR/USD, pips:
0.9
Min. spread on EUR/USD, pips:
0.0
Trading Instruments:
Forex — 1:3
Trading Platforms:
MetaTrader 4
Digits after the decimal point in quotes:
5
Margin Call Level, %:
30
Stop-out Level, %:
15
Additional Features:
  • Swap Free
  • Telephone dealing
  • Scalping
  • Expert advisors

FXOpen Reviews

avatar
15 June, 2018

Sean Shah from Malaysia

2

I'm a trader for a year now. I re-read a lot of books and other literature. I disappoint all, but all willnt be able to earn money here. It closed all the indicators, killed the advisers, and it happened. A profitable percentage has appeared. As well as i dont know.

avatar
14 June, 2018

Han Thanh from India

1

I lost $ 13000, they're freaks!!!!! Now I've found a way to earn money, the right to play without risk. Only investment. I have been investing and normally... it started with $ 100.

avatar
13 June, 2018

Ole Zeeb from Haiti

3

I dont advise it. In general, I say to all, there have got questions that can be asked to the broker and you will immediately understand what kind of company. The first is how many customers they have and how old is the broker in the market? and the second that do they give to trade? and why, for example, they dont allow trading CFDs or indexes.

avatar
07 March, 2018

Jamin from Malta

2

Worse than this broker is not. There is only deception. Do not work with them. Loss of deposit is guaranteed. You will not close a profitable deal until you lose it. Checked by own experience. Do not mess with these scammers, save your money.

avatar
29 June, 2017

Meltem from Turkey

1

Just another strange thing in world of forex brokers. In their chat they don't say me where they re regulated. On the contrary, they deliberately avoided my questions. What is also strange, or even funny, is their list of liquidity providers. Did they post all brokers they know, or should I add some more maybe? Too much obvious bucketshop to even think about depositing with them.

avatar
05 May, 2016

RADD Fernand from France

9

Trading here for a couple of years. Mostly operating medium depo, trading using technical analysis. First year I traded based only on my own examinations and analysis, but then I started to notice that some of their analysts have similar market observations as I and advisable levels are almost the same. Now, I take less time for analyzing market by reading their analytics, but levels I set by myself.

avatar
25 March, 2016

Solomon from Egypt

9

They have top noch execution. Even on news all orders are processed within 2 seconds. And no things like opening 2-3 pips away prom price. Very outstanding company, compared to others in this business.

avatar
02 November, 2015

pauline from Zimbabwe

8

I do like their lenty of thematic bonuses.Unfortunatelly, not too many brokers provide that. Apart from that, I like their helpful support team. I am with them for more than year and got already used to this broker. They allow to trade and withdraw, so I am not going to change my main broker.

avatar
28 October, 2015

Jimmy from Switzerland

8

Perhaps it is probably one of the best brokers with which you can earn on signal copying. I just pay for the signal, and once a week look at the growth of my balance, what could be easier than it!? I'm not tearing my nerves, I don't risk, just taking the cream of the crop and actually advise you to do the same. Peace

avatar
21 October, 2015

Julio from Colombia

7

For me trading with this broker is very comfortable. I prefere scalping therefore i am able fully enjoy their tight spreads, that provide me with a conciderable profit.

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