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| 5.8/10 (2239 votes) | |
|---|---|
| Company | FXOpen Investments Inc. |
| Founded and online since | 2005 |
| Offices in | Show countriesHide |
| Payment options | Show payment optionsHide |
| Demo platforms |
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| Account currencies | United States dollar |
| Regulated by | ASIC, 412871 |
| Website available in | Show website languagesHide |
| Support available in | Show support languagesHide |
| Support methods | Callback Forum Live chat Skype |
| Trading server time zone | GMT+2 |
| VPS for traders | Free after trading 5 lots. |
| Minimum account size | $1 | ||||
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| Maximum account size | $3,000 | ||||
| Minimum position size | 0.1 lot | ||||
| Spread type | Fixed | ||||
| Spread on EUR/USD, pips | 2 | ||||
| Scalping | Allowed | ||||
| Expert advisors | Allowed | ||||
| Trading instruments |
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| Trading platforms | MetaTrader 4 |
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| Digits after the dot in quotes | 4 | ||||
| Margin call level | 20% | ||||
| Stop-out level | 10% | ||||
| Number of currency pairs | 28 |
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202 reviews of FXOpen are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
Jafar Calley ,
You are claiming FXOpen was named best forex broker for 2011 in Australia, IBFX and GOMARKET also claiming the same, can you tell me who is correct. In Addition can any body suggest a decent and reasonable forex broker or brokers name to trade with.
Thanks
Manash
@Jafar Calley
ok money was sent today according to my account backoffice.. maybe i was overreacting.. all good now
thanks
@Romguard
AML checking is a normal part of operating a lawful business to ensure the money doesn't come from a source involved in crime.
If you contact finance@fxopen.com and request your withdrawal again I'm told the AML check has been completed and you may have your money back.
added funds by wire, so i read bad posts about this site, so i changed idea and wanted to withdraw funds.. so they tell me now that the wire was not on my name and that they will not send me money back until i prove it was on my name.. so the question is: WHY DID THEY ADD FUNDS IN THE FIRST PLACE IF IT WAS NOT ON MY NAME??? will update in the next days how its going forward
for the moment everything works fine with this broker.
Execution speed is great, spread is really low (ECN account)
No requotes.
I'm satisfied with this broker.
But do not use it with a Zulutrade account, the commission is terrible! and nobody at FXopen or Zulutrade was able to explain it correctly. So I stop this account.
I'm using MDP and this EA works fine with this broker.
this is the best broker ever. with stable mt4 server and without delay, i can make a consistent profit compared to other brokers. they are honest and serious in doing business.
FXOpen was just named Best Forex Broker Australasia 2011 in the World Finance Foreign Exchange Awards. When the evidence is seen with your own eyes, FXOpen is the only real choice for serious traders.
If you know you want to loose all your money then use fxopen. it is the worst broker ever. it requote often and do not allow you to close your trade when in profits. there just stolen by 150 dollars as you are reading this. if you have account with them better close and run with your money or u will be next.....
Yup... Got my money back.
Well, at least it shows that they keeps their words and are not there to rip us off of our gains.
They never reply my email to explain the spike though.
FXopen has spike in some of the NZD related pairs today (18th April), which is not seen in other brokers.
They asked me to send an email to the chief dealer to ask for compensation if the spike does caused a loss to my trading.
Well, just send an email to them. Now waiting for their reply.
Will update u guys on the results!!
I met Mr Denis and Mr Jafar at forex expo in Dubai. They give me the impression that the company is well regulated and has a good platform for trading. I will try them on the ECN platform with a small account to see if I have foudn a new broker.
To those who cannot access the main page at fxopen.com, we have been under a major DDOS attack for almost a week. You may access normal website and cabinet functions via a partner site such as fxfrench.com or fxopenasia.com. fxopen.com main page and cabinet are the only parts of our site affected. MT4 servers are not affected at all by the attack.
Website not comingup again a great scam cannt withdraw my money in there
HELLO FXOPEN !!!!,
the cabinet.fxopen.com & home page DOWN for 2 days ???
This is ridiculous & shame of the broker ??
KEEP ON DOWN DOWN !!!! Most alikely their IT folks are sleeping & the mgmt never diligently keep track on server downtime & penalize their IT folks for lagging in recovering these outage.
No daily confirmation email this week had been sent, not sure what's the fraud the company going to play..
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@Manash. are you referring to to the World Finance award for Best Broker in Australasia?
http://www.youtube.com/watch?v=kUxVNw084Qw
To answer your question, FXOpen is a reliable and decent broker to trade with. FXOpen ECN accounts give you the best in execution, liquidity pool and transparency.