7.0/10
(18 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)
  • 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-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:500
    • CFD1:500
    • Oil1:100
  • Trading platforms
    • MetaTrader 4
  • 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 $200
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 2
  • Minimum spread on EUR/USD, pips 0
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:100
    • Gold & silver1:100
  • Trading platforms
    • MetaTrader 4
  • Digits after dot 5
  • Margin call level 50%
  • Stop-out level 30%
  • Number of currency pairs 50
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $1,000
  • Minimum position size 0.01 lot
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:100
    • Gold & silver1:100
  • 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 $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
    • Cryptocurrencies1:13
  • 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
  • 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

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

, Dublin City Ireland.

Being 8 years in the Forex trading business i have had much experience with the Forex Brokers.

Initially i started out trading with the Market Makers but then swtiched on to the Real and the STP trading accounts.

I started my trading with FxOpen 5 years back and since then i have made good profits due the the superior trading technology that they are usin gand also because of the fact that they have very good trading servers.

I use the ECN trading and have withdrawn the highest amount of 22000$ that was paid to me on time.

This speaks of the good reputation that they Enjoy.

, India.

I am trading with FxOpen since 5 years and i am fully satisfied with my trades and order execution.

I am using their STP trading account for low volume trading and their ECN trading accounts for high volume trades.

The Spreads are very low with no Slippgae and Fast order execution.

All the withdraw requests are done on time and i had no issues.

I would say it is the Top most Forex Broker with direct Market access and High Liquidity.

The Full range of Deposit and Withdraw options give me more trading power.

I am happy with them and will recommend if you are looking for a Reliable STP/ECN Broker.

, uk.

it's really good broker . .

if you lost pin code request to support and whae you answer the security question then you give pin code .. i do it

, is impossible if you lost you pin.

The broker is fine, but take care when you transfer founds to fxopen via credit card, they have some error that transfer the same value 2 or 3 times.

And don't lost you PIN, if you lost, is almost impossible to transfer founds from e-wallet or withdrawn you money.

A have multiple debit on my credit card and cant even transfer from e-wallet to my micro account because I cant recover the PIN code.

, United Kingdom.

I was scammed by this company, this even after one of their company's senior staff members knew and agreed with myself that some of their employees where involved in wrongful acts such as "money laundering" and "intimidation"

, China.

Good broker. My EA works perfect on the ECN account. Never had any issue with withdrawals. Some lack in communication with the support team (hard to reach Chinese support desk).

, Brasil.

'm trader, open account in FXOPEN.COM.

I did a bank transfer to a local account, they provided me. I'm from Brazil.

realized the transfer to this account, so that the company did not credit the amount in my trading account.

she claims not identified receipt.

I consulted my bank Itau SA, they confirmed the transfer was made, and the money is not returned to my account.

please ask you to help me recover my money, I sent several emails and he does not respond. I have the vouchers and the extract from my bank account to prove that the money came out and did not return.

, Canada.

Iam 3 years with their ECN account. Fantastic. The most tight spreads i have ever saw. Execution is fastest in compare to others. Withdrawal is not a question at all.

, philippines.

im very overwhelmed with this broker.my money is safe and im sure it has good and high progress on it.everytime i have inquiry they dont fail to answer me right away,KUDOS!!!!!!

, Italy.

How come Sebastian's post published on June 10 hasn't been answered and there's no more posts after that date?

, Germany.

Ladies and gentlemen, if you know what time it is right now? I do not know how it is with you, but I have 22:00. And you know what time it was an hour ago? 21.00. And two hours ago? 20:00. What do all these time instants in common? BROKEN FXOPEN. NO CONNECTION. EVEN THEIR WEBSITE IS NOT ACCESSIBLE ... 404 Not Found - is everything you read about them. I am open to short profitably for about 1.900 USD and I can not close. Complain and you can write where I want to call - I just so out of the window. I can not do anything because nothing works! We are constantly falling out with the server connections - permanently! This is not just today. About a month ago did not work about 12 hours connection at a time. Every day it comes off every now and again jumps. As soon as I can, so I choose all my money and deleting from there. the fact that the site still outside, strange enough, they lead to approximately 200,000 accounts .. It is totally unacceptable behavior forex broker

, FXOpen, Australia.

@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.

, Bangladesh.

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

, Italy.

@Jafar Calley

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

thanks

, FXOpen Australia.

@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.

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