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FXOpen — Forex Broker

Advantages

  • MetaTrader 4 Forex broker.
  • ECN Forex broker.
  • Traders contests and competitions.
  • Bonus for real trader account opening.
  • Muslim Forex broker - no-overnight interest accounts.
  • WebMoney funds deposit/withdraw option.
  • Futures trading is available.
  • Start trading with as little as $1.
  • Allows investing via Percentage Allocation Management Module (PAMM).

Disadvantages:

  • U.S. citizens aren't allowed to open an account.

  See FXOpen reviews

5.5/10 (2191 votes)
Company FXOpen Investments Inc.
On-line since 2005
Country Mauritius
Payment options Liberty Reserve, WebMoney, CashU, Moneybookers and wire transfer
Minimum account size $1
Minimum position size 0.001 lot
Leverage from 1:1 to 1:500
Categories
Spread 2 pips on EUR/USD
Regulation

Unregulated

Click here to open an account with FXOpen

Reviews 

200 reviews of FXOpen are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

  romgard from Italy.
Tuesday, January 3, 2012

@Jafar Calley

ok money was sent today according to my account backoffice.. maybe i was overreacting.. all good now

thanks

  Jafar Calley from FXOpen Australia.
Monday, January 2, 2012

@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.

  romgard from italy.
Friday, December 30, 2011

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

  jerome from Canada.
Saturday, December 17, 2011

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.

  pakcik from Malaysia.
Friday, August 5, 2011

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.

  Jafar Calley from FXOpen.
Thursday, June 30, 2011

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.

  ndifredbee from Nigeria.
Monday, May 23, 2011

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.....

  Joe from Malaysia.
Tuesday, April 19, 2011

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.

  Joe from Malaysia.
Monday, April 18, 2011

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!!

  Mohammed from UAE.
Saturday, April 9, 2011

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.

  Jafar Calley from FXOpen - Malaysia.
Thursday, March 24, 2011

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.

  manny from nigeria.
Wednesday, March 23, 2011

Website not comingup again a great scam cannt withdraw my money in there

  Muruku from Malaysia.
Wednesday, March 23, 2011

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..

  miki from s.KOREA.
Monday, March 21, 2011

cannot frequently access homepage...

  john from indonesia.
Friday, March 18, 2011

FXOPEN BIG LIAR SCAM BROKER,...RECENTLY THEY STOLEN MY$300 DEPOSIT+/-$700 PROFITS

THEY ALWAYS FREEZE THEIR SERVER AND MANIPULATE DATA HISTORY.BEWARE OFF THEM.

Visit FXOpen website. 

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