8.6/10
(44 qualified reviews)
US Traders
  • Bonus offers
  • Trading contests
  • PAMM accounts
  • Managed accounts
  • Affiliate program
  • Islamic accounts available
  • Company FXOpen AU Pty Ltd, FXOpen UK
  • Founded in 2003
  • Online since 2005
  • Offices in
    • Australia
    • Russian Federation
    • Saint Kitts and Nevis
    • United Kingdom
  • Payment options
    Show payment options Hide payment options
  • Demo platforms
    • MetaTrader 4 (Limited with 30 days of inactivity)
    • MetaTrader 5 (Limited with 30 days of inactivity)
    • TickTrader (Limited with 30 days of inactivity)
  • Account currencies
    Show account currencies Hide account currencies
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Regulated by
    • ASIC, 412871
    • FCA (UK), 579202
  • Website available in
    • Arabic
    • Chinese
    • English
    • Indonesian
    • Russian
  • Support available in
    Show support languages Hide support languages
  • Support methods
    • Callback
    • Email
    • Forum
    • Live chat
    • Skype
  • Trading server time zone GMT+2
  • VPS for traders Free after trading 5 lots.
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1
  • Minimum position size 0.001 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 2
  • Minimum spread on EUR/USD, pips 0
  • Scalping Forbidden
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 20%
  • Stop-out level 10%
  • Number of currency pairs 28
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-Cancels-Other (OCO) orders
  • One-click trading
  • Mobile trading
  • Browser-based platform
  • Trading via API
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Commission (one-way) per 1 std. lot $1.50
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
    • CFD1:500
    • Oil1:100
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 5
    • TickTrader
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 50%
  • Number of currency pairs 50
  • Special notes MT5 hedging accounts available.
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $200
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.2
  • Minimum spread on EUR/USD, pips 0.1
  • Commission (one-way) per 1 std. lot $5
  • Scalping Encouraged
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:100
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 50%
  • Number of currency pairs (of which exotic) 50 (15)
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1,000
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.2
  • Minimum spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $2.50
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 50%
  • Number of currency pairs 50
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $25,000
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.2
  • Minimum spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $1.80
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 50%
  • Number of currency pairs 50
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $10
  • Minimum position size 0.01 lot
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Cryptocurrencies1:3
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 30%
  • Stop-out level 15%
  • Number of currency pairs 11
  • Minimum account size $10
  • Minimum position size 0.01 lot
  • Scalping Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs 50
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $300
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.2
  • Minimum spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $1.50
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:100
    • Gold & silver1:100
    • CFD1:100
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 5
  • Digits after dot 5
  • Margin call level 100%
  • Stop-out level 50%
  • Number of currency pairs 50
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $300
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.2
  • Minimum spread on EUR/USD, pips 0
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs 50
  • Special notes Leverage size depends on the balance:
    - 1:1 — 1:500 for accounts up to 25,000 USD
    - 1:1 — 1:200 for accounts from USD 25,000 up to USD 100 000
    - 1:1 — 1:100 for accounts from USD 100,000 up to USD 1,000,000
    - Negotiable for accounts over 1,000,000
View contract specifications

Reviews

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

, Singapore.

FXOpen is a ECN Forex Broker so trading with this broker is very easy for us and we are able to earn income from our trading. I am very satisfied with my trading in this broker.

, Sweden.

I am a trader with this broker from the March 2018 and the trading is easy and fast with them. I like to trade with this broker.

, Melbourne.

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.

, Budapest.

This broker has helped me in getting successful in my Forex Trading. I joined this broker after trading with other brokers when my friend told me about the ECN trading of FXOpen. Now i am making income from my trading due to this broker providing me with a good trading environment.

, Ukraine.

Trading with this broker for 2 years and made more than 300% of my investments already. The main advantage is the fast trading and high market liquidity access they provide.

, Romania.

I started the Forex trading with this broker in 2015 and have been trading since then. This is an ECN Broker so i can trade without any conflicts and my payments come on time.

I am very much satisfied with the performance of this broker.

, Lisbon.

I am trading with FXOpen broker for 4 years and they offer me ECN trading with starting of just 100USD.

The main advantage of trading with this broker is the Lower Spreads and the Fast order execution times.

Recently i have also started doing trades in the Crypto Currencies with this broker with good trading profits.

, Egypt.

Is FXOpen good or bad?

There's been talk a lot about the credibility of that company see you my personal experience with them to know that.

First of all, in terms of credibility.

So far, I haven't seen anything wrong with that company, so trading with them hasn't had any problems, and I'll give some examples of that.

As for the market movement, I've been watching the market movement, the Japanese candlestick movement, the pairs movement, comparing it to some other big companies, and I've never found any difference.

The movement of Japanese candles can vary in the timing of their closing and opening on different time frames but the price movement is fixed in such timing as other companies and this in terms of market and price movement

As far as the spread is concerned, I've found the spread on different pairs is very small, which is a good thing for this company.

Once Upon a time that company did not have a good reputation and had many problems have solved those problems now and no longer exist, the company improved their policy and changed it and one of those problems is the lot was very large but now it is very small to suit all traders

Among other problems that were present the company is trading large amounts and I think that problem is also solved now.

The company has its own platform now other than MetaTrader 4 and MetaTrader 5, which means that the company has three trading platforms

This is unlike the company's endeavors to bring new customers through the bonus, which is 10 US dollars for registration and began trading as it tries to maintain its current customers by making periodic contests almost one of the most famous of these competitions is the forex Cup competition, which reaches a total of 2000 US dollars, which are various competitions throughout the Year winners

However, the company is flawed by one thing, which is the bonus system, there are a lot of problems with it, for example, the company determined by the competition announcement about the forex cup competition, which is the publication of the announcement of the competition in other forums and in exchange for each publication a certain amount of cents and after I made those and I might say I'm less at a loss than other members, even if I saw a complaint from one of the members, he was supposed to be sent 200$, and I'm only sending him 50$, and that complaint is in the forum so far.

The disadvantages are also the lack of credibility in sending the bonus they reduced the value of the bonus and reduced competitions and also do not send the bonus where it became not enough for the member to pay the value of the internet package consumed in the work of posts and topics of the company and we hope the management in looking at this and

Other than multiple platforms, there are also many accounts such as STP and ECN and many withdrawal and deposit methods, both direct and indirect

And other people are good at dealing with trading and did not happen to me any problems with trading or withdrawals filing to the Warren's of good companies that will developing a large in the next period is what the company is trying to do now of the improvements and interest of the company

One of the most important features of the company

Account count and low spread easy withdrawal and deposit

One of the most important disadvantages of the company

Weak technical support and problems of the Arab section and bonus

, Egypt.

My Trade with FXOpen

I've dealt with them over the past year and gained significant experience in the trading of their way and I see it's from a reputable company that respects the customer and maintains he has them

One of the most important features of this company is trading options and the diversity of accounts and contracts they have STP accounts and ECN accounts and they have many currency pairs that can be traded on them major currency pairs and secondary currency pairs also can through them also trading digital currencies and they work throughout the week i.e. you can trade digital currencies at any

As for their spread is very little either on the account of STP or ECN and for the account of ECN is almost no spread is in some currency pairs does not exceed four points and sometimes a point or two points and for the account of STP the spread starts from 10 points and even 24 points such as trading on the Japanese yen / US dollar the company's all on their own.

Features

The company is characterized by low spread, easy trading and the availability of several platforms that can be traded on such as MetaTrader 4 and MetaTrader 5 and they also have their own platform

Easy withdrawal and deposit and many methods of withdrawal and deposit, we mention the former escrill bank, WebMoney and benefit money, there is also the company's own document and also the withdrawal by credit card or bank transfer, all of which is considered one of the means of withdrawal and deposit with the company

Disadvantages

Mention some of the enemies that the company is not good at dealing large amounts of this I didn't see or notice it during the deliberative with them because trading with them no more than $ 200 and did not find any problems until now.

Their technical support service is very weak and they can rarely solve the problem because they do not have all the powers to solve the problems

The technical support service in Arabic is almost non-existent at work for only one hour and on Friday only

The bonus for the Arab section is not enough for the effort and fatigue of members to participate in competitions and write topics, etc.

There is always a manipulation of the terms of the competitions after they are over so that the members do not get their bonus

One of the worst flaws in the company is the insufficient bonus system and also it is manipulated and not sent completely to the members so the members began to work for other companies and forums

, Egypt.

My review of FXOpen

My evaluation of this company after about two years of trading with them, and I will speak with all impartiality about the most important advantages of this company and the most important shortcomings

Prices can be from respectful and honest companies that can be traded with a low spreads. For example, you find that the spread for the pair of the US dollar against the Japanese yen is 14 points. That, and sometimes it is lower, the market is an active stock and you find the spread for the US dollar against the Canadian dollar is 16 points. Only and also the euro against the US dollar, the spread is only 13 points. As for gold against the US dollar, the spread is 20 points, and sometimes more than that.

I had the experience of trading on risky days, especially on Christmas holidays in December and January, and it is known that many traders do not prefer trading at this time of the year due to the high risk and market fluctuations in these two months.

Over the past two years, I have been trading at this time, especially after December 25, and no fluctuations occurred in the market and I won from this trading. All there is, the market movement was only slow, but no fluctuations occurred and I won from trading and this is what I remember well because I was very worried that I trade at this time

Among the features of the company

We have said the low spread, and the most important thing is not to be afraid of trading on holidays and fluctuations. One of the additional advantages of the company is that it carries out periodic contests between traders and various contests to obtain an additional bonus for trading with it and always encourages traders to trade and does not skimp on them with information as there are forums for the company with all Languages have a multitude of information and members ’experiences in trading. It is also noticeable that the company’s activity in previous years has made remarkable progress and has worked to correct past mistakes and has improved a lot. Now the company also gives a free registration bonus as an encouragement to new traders and always comes with offers and discounts for traders to encourage them to continue trading

Company flaws

Among the most serious defects of the company that I notice is technical support, there is technical support and is quick to respond, but I do not find that it has all the powers to solve the problems of members and traders, so it often does not solve problems or takes more time to solve them

Also, I heard that the company is not good at trading on large amounts, and this frankly, I did not try it because I usually trade on small amounts, which are less than $ 250, and I did not find any problems with the company in trading from withdrawal, deposit and trading, so the evaluation in this regard is very good

One of the biggest defects of the company is the Arab section, so it is known that Arabs are those who love to gamble and trade through forex, and that company is not good at winning the Arab customer to it, and this is for several reasons, the most important of which is Arab technical support, which is one of the biggest flaws of the company, as there is almost no technical support for the Arab department, so the presence of Arab technical support Almost every week for an hour only and it does not solve any problems, and this is what I already tried, so I had a problem and an inquiry, and I waited a week for a response and when the response arrived a week later, I made another inquiry at the same time and I did not receive an answer to it

Among the disadvantages of the Arab section is the bonus, as the administration does not pay any attention to the bonus for the Arab section, and there is always tampering and changing conditions for not sending the bonus for members, and this also has a great impact on the company's inability to attract the Arab customer

I see the solution to this problem, which is the presence of strong Arab support all the time and the company's credibility in sending the members' bonus for the Arab section without manipulation so that the members can make the required advertising for the company with credibility. If the company is not honest with its members in the Arab section, and the bonus is sent to them on time and without any change of conditions and complications Things are so that the members do not get the bonus, and this is in addition to the reduction of the bonus that happened .. How can a company win the Arab client if it cannot maintain the Arab members?

, Ukraine.

I have been trading with FXOpen since 2012. I like the trading conditions that the company provides to its clients. Low Wednesdays - especially for XAUUSD gold. On an STP account, the spread for five-digit quotes for this instrument is only from 10 to 30 pips. I am especially attracted by the fact that you can trade gold with a leverage of 1: 500. This is a unique advantage at FXOpen because I can trade gold with a small deposit. For me, FXOpen is the best broker in this regard. In addition, over the years of cooperation, I have never had problems with the withdrawal of my profits - always quickly.

In addition to trading, I regularly participate in contests held by FXOpen. I remember the Forex School contest in September 2017, when I was among the prize-winners who received a prize PAMM account of $ 200 from the company. It was super! FXOpen has its own PAMM service. This is an opportunity to get additional profit not only from trading, but also from investments.

I am happy to have found a reliable broker with an FCA license.

, Egypt.

Welcome dear traders

My name is Heno

I'd love to share with you my experience with FXOpen

Since about 2004 I have been searching for ways to profit on the Internet and I have been doing this for several years until I realized that all of this was not working.

And then I heard about Forex brokers that I also couldn't believe in

Until some friends advised me to try FXOpen and I did it already and since around 2018 until now I am trading with them

And I have already found that I can profit on the Internet by trading forex, as sometimes I can win not a small amount of money and this is beside the pleasure of trading

I advise all new traders to try forex trading through FXOpen, because they are a respectable and honest company and have many licenses and also have many trading platforms and they also have their own new platform and a novice trader can open a demo account and trade on the demo account so that he can train on Trading knows that FXOpen is a respectable company

And another advice for a novice trader, do not rush before opening deals. Just watch the market well and when the trend stabilizes and analyze the market well, then you can make the decision to open deals.

, Egypt.

hello traders my name is mona makien i want to tell you about my experience with FXOpen , i am a old women and was hard to belive in that new things to me , but my nephew convised me to try it , and i did by little money at first but i found that i lose , so my nephew start to learn me how to trade , and he advise me to read about the trading in FXOpen forum that is wroten by many language , from this time i found my self earn some money , about FXOpen they are honest , and the dealing with them so easy , so my advise to all new tradres , read more about trading in FXOpen forum , then start in save way with FXOpen

, Egypt.

my name is sabor

and i want to share my experience with all the new traders in the trading world , with my experince in FXOpen , i am a tradrer from 2011 until now , and i tried many company for trading , but i found the best one until now is FXOpen , so i am with them now , they are honest company , have many trust license in trading , and the contact with them so easly , and they have many options in trading and also many pairs currency , i did not met any problems with them until now , so if you are a new trader , or even old tradre, come and join us for free in FXOpen , you will see the differnce by your own eyes,

My advice to every beginner trader First, choose the honest company that you will trade with, such as FXOpen After that, you can train in trading by opening a free account without any money and then you can start with real money by opening a real account Do not try to greed or compensation. Just analyze the market well before trading and after that start trading with FXOpen and enjoy the many discounts offered by the company as well as prizes and fun competitions that continue throughout the year at FXOpen

, India.

My Success Story with FxOpen

I am a Full time trader from 2017 with FxOpen and the trading conditions that they provided to me are excellent and I am happy with my trading results.

I have always received all of my profit withdrawals on time. In this time i have already made regular profits with my trading and now my main income is coming from the Forex market.

I am Thankful and Happy Trader

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