6.9/10
(35 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)
  • 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
    • 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 $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
    • MetaTrader 5
  • 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
    • Cryptocurrencies1:3
  • 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
  • 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

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

, RIga.

I think it is amazing meta broker with amazing offers for scalpers.So far no any serious problems with them.

, USA.

It is a good alternative for US citizens since our last regulation changes.I am satisfied with ECN services they provide.

, uzb.

i was doing profit with ECN account everything was alright till they show their real face, let me say honestly, you guys, BE CAREFUL of them, they are SCAM, the proof is that, today my position was open and i was sure even in profit but i waited take profit level, even it saw the point i stated they didn't give my profit, anyway, it went up, FXopen is a real artist, and scam, soon i wanna withdraw the money in my account and close my account, FXOPEN IS SCAM.

, USA.

I am happy with FXopen. They have great customer service, quick deposits and withdrawals. I received my Alertpay and Moneybookers withdrawal requests in just a few hours. So far, FXOpen have been outstanding.

, Abu Dhabi.

fxopen is a very good ECN broker and I would recommend them to anyone else.

, Indonesia.

This broker is great!!! Fast payment in a hour!!! recommended and trusted!!!

, FXOpen, Egypt.

Hello Vincent.

The Mauritius Licence only ever had legal binding in Mauritius alone so losing that licence has not affected the company in any way. We continue to work on an offshore basis.

You want CEO pictures, biographies of directors and upper management, new licences? Just wait a little. FXOpen you may have noticed has been undergoing some changes of late. Changes to bring the company in line with new Regulators, and new licences in Major jurisdictions. (and I don't mean CySec which is not a serious regulator anyway)

Stay tuned. Trading with FXOpen is about to become a whole lot more regulated, and a whole lot better.

, singapore.

well, now their license is fully revoked by FSC MAuritius. i contacted FXOPEN many times and nobody seem to be able to tell me where they are licensed...so this means they are running business WITHOUT ANY license...if they are so good than why not get a license?? also i see the post up here...guys...i know some of you...i met you guys before...you guys are IBs that are getting paid BIG FAT commissions...have aheart for heavens sake...don\'t take inocent people to the slaughter house just so you can earn rebates....some of you have even changed your mobile numbers and are no longer answering calls...just like the company..why hide if all is good? why can\'t FXOPEN show us traders the license if they have one..i would say that the authorities should announce these guys to be scams..

let me ask this...why would any jurisdiction take away FXOPEN license if they do all things right?? from day one i remember..and i asked the company when i opened account with them...why is there such thing as i can load my account by paying money to an IB??? where is the AML check in this?? why use payment methods that are not regulated?? all because you wanna get simple people to give money to company and make it easy to collect money??? now...with this happened...let me ask a question...who can i go after if the company runs away with my money??? which authority?? if FXOPEN is so real..why isn\'t the directors and CEOS pictures up on the website?? if you have no license and asy you are for real..give the clients the info on who owns the company??? where can we check this??

so for one last time....where is your license??? i am tired of asking the company and no feedback???

, USA.

I had accounts at 8 major brokers (and cancelled 4 so far) and I must say FxOpen is one of the best out there in terms of customer service, execution, fill and delay of orders... I'd really like to see folks clarify their negative reviews by providing more details since I plan to fund Std and ECN accounts with FxOpen..

, Nigeria.

In just a simple way i we say this broker is good in term of customer service and withdraw process is fast and the trading platform is OK they even allow scalping, i say no reason anybody will complain about this broker.

some people goes for poor forex training and end up in lost only to put the blame on there broker

, Česká republika.

This is my broker of choice now. I have an ECN account which I am scalping on. Extremely fast execution and no requote at all!

, Kolkata.

Three words are sufficient tell all about this broker SCAM!CHEAT!Swindler

, Spain.

I can not understand that their are people that have anything positive to say about FXOPEN.

This are scam artist and nothing else.

Together with Zulutrade they swindle you out of your money.

And when you want to talk about them they lied.

This are professional swindlers and nothing else.

I work with 4 different providers and know what I am talking about.

, Malaysia.

got no problem whatsoever with FXOpen even after their license has been suspended by FSC. Their customer service is still good and their MT4 platform is still working well. They even gave me the 10 Lot Bonus in my standard account! :D

now i dont really care if they are not regulated by any authority, since i had previously had problems with brokers who are well regulated in Europe and USA LOL. I guess I dont have to mention who that brokers are as I dont want people to say that I am so much in favour with FXopen while at the same time swearing the other brokers :D :D.

My point is it doesn't matter whether the broker is regulated or not, but it's really matter whether you can trust them or not!

, nigeria.

i have read several comments about fx open both the ones that are for and the ones that are against.what am not comfortable with is that fx open has not come out to either deny or agree with the comments. let fx open say something.thank you

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