FXOpen – FXOpen.com

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About FXOpen

FXOpen has been offering Forex brokerage services since 2005 and is currently one of the most successful and fastest-growing Forex brokers.

Since the very start FXOpen has been true and loyal to its goal - making Forex trading more professional, easy-to-access and secure. FXOpen was founded by a group of traders so everything we do has the traders' interests at its core.

Account Types:

• MICRO – Floating Spreads – No Commissions – Minimum Deposit 1USD
• STP – Tight Spreads – No Commissions – Minimum Deposit 10USD
• ECN – Raw Spreads – Commissions from 1.5 units per lot – Minimum Deposit 100USD
• CRYPTO – Tight Spreads – Commissions 0.25% of transaction volume – Minimum Deposit from 10USD

Platforms:

• Meta Trader 4 – Available for ECN, Crypto, STP and Micro accounts – for PC Desktop, iPhone and Android.
• Meta Trader 5 – Available for ECN accounts – for PC Desktop, iPhone and Android.
• Tick Trader – Available as Web Terminal, Desktop Terminal and Mobile Terminal for Forex, Stocks, Commodities, Indices, and Cryptocurrencies via one trading account.
• Web Trader – Accessible with no download on PC or Mac OS. Compatible with all operating systems, Supports all popular browsers

Trading Instruments:

• FX Spot
• Stocks CFD, Index CFD
• Commodities CFD
• Metals CFD
• Crypto Currencies

Multilingual Live Chat: Our Support Team is available 24/5 via Live Chat, Ticket, E-mail and Phone.

Headquarters: P.O. Box 590, Springates East, Government Road, Charlestown, Nevis.

Other offices: United Kingdom, Australia, New Zealand, Cyprus.

 

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Classics without Borders - is a Free Contest with Real Money Prizes

FXOpen broker invites beginners to participate in the Classics without borders Forex contest. Take a great opportunity to show your skills in Forex trading using classical trading tools and get real money prizes! The prize fund of the contest is 1500 USD. Both new users and existing clients who have registered with FXOpen no earlier than January 2020 can take part in the contest. The registration is already open.

Join the Contest​

Read more...

 

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So it's for those who join them in this year? and can trade crypto along ?

 

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FXOpen Launches Apple Pay Payments

Dear Clients,

FXOpen is delighted to announce a new deposit method for our clients via Apple Pay.Apple Pay is a safer way to make payments, and it is even easier than using your physical card.When you are making purchases on the web in Safari on your iPhone, iPad, or Mac, you can use Apple Pay without having to create an account or fill out lengthy forms. The payment procedure takes just a touch and is faster and more secure than ever before.

Read more...

 

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FXOpen Launches CASHU Payments

Dear Clients,

FXOpen is delighted to announce a new, cutting-edge payment method for our clients, via CASHU. CASHU is a safe and secure online payment method that was established in 2002 by Maktoob.com. It is recognized as the first and the largest in the MENA region, serving nearly 2.3 million consumers with accessible and easy solutions to pay online.

Read more...

 

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FXOpen Launches Local Bank Transfers in Argentina, Brazil, and Mexico

Dear Clients,​

FXOpen is pleased to announce that we've added new methods of depositing funds. Clients from Argentina, Brazil, and Mexico can now carry out transactions via local bank transfers: Rapipago, Boleto Bancário and Oxxo.

Rapipago is an Argentinian prepaid payment method used for online purchases. The system generates a voucher that can be paid offline at one of the 6000+ Rapipago payment locations. Rapipago supports payments between 1200+ companies and their consumers — around 19 million transactions per month. Rapipago’s card, check, and cash-based transactions ultimately collect money on behalf of merchants and utility firms.

OXXO is a chain of convenience stores that offers alternative cash payments in Mexico. Around 71 million Mexicans do not own a bank account, and OXXO allows merchants to tap into this substantial group of online buyers. With more than 16,000 stores across the country, consumers can pay for their online purchases in cash, and merchants have a zero chance of a chargeback.

Boleto Bancário is an official Brazilian payment method regulated by the Central Bank of Brazil. It is a push payment system which was launched in 1993 and today generates 3.7 billion transactions per year. Accounting for around 25% of all online payment transactions, it is a must for doing business in Brazil.

More details:

• Currencies: USD;
• Deposit processing time: instant;
• Minimum deposit: USD 1;
• Maximum deposit: USD 1,800 (Rapipago), USD 500 (Oxxo), USD 3,000 (Boleto Bancário).

The deposit commission is 5%. To celebrate the launch, clients can deposit for free, paying 0% commission.

Withdrawals via Rapipago, OXXO, and Boleto Bancário are coming soon.

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FXOpen Cashback Program

FXOpen Cashback Program lets traders receive an additional refund for any kind of trades including loss-making. It is easy to get cashback: it is added to your Commission account that is open automatically, with no further actions. The cashback amount is determined in accordance with the total margin used on all client's trading accounts. The program is available for all types of FXOpen trading accounts: ECN, STP, Crypto, Micro, PAMM ECN, PAMM STP.

The 90-day Cashback program lets you receive an additional refund up to $1,000 for your trades. Available for all trading accounts

The advantages of FXOpen Cashback Program

• Cashback amount can reach up to 150% of Standard commission per trade. It is one of the highest refunds among Forex brokers.
• Cashback is fully automated. The funds are credited to the client's Commission account. They can be withdrawn or used for trading right after crediting.
• The program is activated automatically at the time of registration with no additional requests. It is valid throughout the 90 days.

Read more...

 

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Changes to Australia Day Trading Hours

Dear Traders,
Due to the upcoming Australia Day celebrations on Tuesday, January 26th, 2021, you will experience the following change in the trading hours schedule:

Thursday, January 26th

• Indices CFD:
  
• Australia 200 (#AUS200) – trading starts at 08:10 AM (GMT +2).

All other financial instruments will be traded as usual.

Please consider these changes when planning your trading next week.

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How to start Forex trading?

Whether a currency is increasing or declining in value, there is always a way for you to make money in Forex

Consider a national currency as a security, like stocks, commodities or precious metals. The recipe for success is to buy it at the cheapest price and then sell at a higher price. Or the other way round – sell at a higher price and then buy cheaper. Whether a currency is increasing or declining in value, there is always a way for you to make money in Forex! Knowing the right time to buy or sell will do the trick. This is where market analytics, indicators, signals and automated trading systems come in handy.

Let's consider an example:
Currencies are traded in pairs. For example – Euro against US Dollar (EUR/USD) or British Pound against Japanese Yen (GBP/JPY). A Forex transaction involves buying one currency and selling the other currency at the same time.The exchange rate reflects the value of one currency against the another currency, For example, the quote USD/CHF 0,93160/0,93170 shows, how many Swiss Francs you need to pay to buy or sell 1 US Dollar. Currency exchange rates are always fluctuating depending on the time of the day, the country's central bank rate, government policy, market sentiment and many other reasons.

Let's assume the market forecast the Euro is going to appreciate against US Dollar (bullish trend for EUR/USD). You decide to buy Euros with USD (buy order on EUR/USD). After some time you decide to sell the Euro at a higher price (close the open EUR/USD position). Your profit is the difference between the opening and the closing prices.

How much money do you need to start trading Forex?
In order to attract traders, many forex brokers, including FXOpen, offer to start trading without a starting deposit. You can start trading with us without money from $10, which are credited to you as a welcome bonus to a newly opened active STP account after passing the verification.

Learn the basics of currency trading
Remember that Forex trading involves high risk. There are limitless opportunities to make profit and your potential gain is very high. However,the risk of loss is high as well. If you make an independent and informed choice to become a Forex trader, you should always follow the basic risk management rules. It's not an easy task but it's very important whether you trade with a few hundred dollars or operate millions.

Taking a good Forex education course may be the best investment you'd ever make in your trading career. Take your time to study the basics of trading and practice it in a demo account before you start trading with real money. Always be sure to follow the rule - never trade with money that you cannot afford to lose.

Sign up with FXOpen;

 

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Install the FXOpen Traders Tools extension for Google Chrome and use it to help shape your trading strategies

Dear trader,

FXOpen prides itself on providing you with the best Forex trading tools directly from your browser! Install the FXOpen Traders Tools extension for Google Chrome and use it to help shape your trading strategies.

Features

• Analytics – in-depth technical and fundamental analysis and forecast for currencies and commodities by experienced financial analysts;
• Quotes – real time prices and spreads;
• Calendar – important events and releases that affect the forex, stocks and commodities markets;
• Company news – latest FXOpen company news and promotions;
• Live news – FX live trading news.

The extension is also connected to the MyFXOpen area and Forex trading accounts page, allowing you to access the information you need with just a single click.

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FXOpen Cashback Program

FXOpen Cashback Program lets traders receive an additional refund for any kind of trades including loss-making. It is easy to get cashback: it is added to your Commission account that is open automatically, with no further actions. The cashback amount is determined in accordance with the total margin used on all client's trading accounts. The program is available for all types of FXOpen trading accounts: ECN, STP, Crypto, Micro, PAMM ECN, PAMM STP.

You can use FXOpen Cashback Program during the first 90 days from the moment of registration for new clients. For existing clients the program is available during 90 days from the moment of joining the program (connection is carried out upon request to the support service at support@fxopen.com). The minimum cashback is $5, the maximum is $1,000. The maximum cashback per trade is $100.

How to calculate Cashback?
The basic partnership commission (a percentage of the FXOpen trading commission or Standard commission) equals 2.4 pips (5-decimal pricing) per trade in an STP or Micro account and 15% of the commission for ECN and Crypto accounts.

Standard Commission is multiplied by a certain coefficient, which depends on the total Used Margin on all client accounts. The table below shows coefficients for cashback calculation. The right column of the table illustrates the cashback calculation of the Standard Commission of $15.

As you can see, the cashback value decreases with the increase in the total Used Margin. Please note, that cashback is not credited, if the total Used Margin exceeds the threshold of $1.05m within 90 days. An example of Cashback calculation and more information on FXOpen Cashback Program you can find in FXOpen Knowledge base.

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Forex Contests

Join Forex trading contests and earn real-money prizes and bonuses for your live trading!

Take a dive into the exciting world of Forex trading contests with ForexCup! ForexCup.com offers regular weekly and monthly trading contests for demo accounts. You can join most of them for free, but some have a small entry fee. Forex trading competitions are the best way for you to gain experience in Forex trading and to try out and improve your trading strategies.

ForexCup offers:

• Demo ECN trading. During the contest you will be trading in the Demo ECN environment of FXOpen broker. All trading is done via the well-known and popular MetaTrader 4 terminal.
• Real prize money and bonuses. Our bonuses and prizes are real money. After the end of the contest you can withdraw your prize or use it for live trading.
• Partnership and Bonus Programs

ForexCup Facts and Figures:

• The project was launched 10 years ago;
• During its existence, over 220 contests have been organized, including CryptoMania, PAMM School and Regional Forex Championships with over 150 PAMM accounts and the overall prize fund of more than $500,000;
• Since 2015, over 1,500 traders have won prize money and bonuses with a total amount of $200,000;
• Last year, 64 traders were awarded with PAMM STP accounts with 40,000 and more deposits.

ForexCup Today:

• Over 23,100 participants;
• Over $5,000 prize money each month;
• 2 regular Forex trading competitions. In 2019 "Forex School" and "Money Managers" competitions were very popular among traders. During the last contests, winners have received into management over 128 PAMM accounts with the total deposit of $80,000.
• We also hold one-time trading contests such as "The Lord of the Crypto", "CFD Open", etc

Join us

 

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Dear Customers,

Fxopen is pleased to inform you that, New trading instruments have been added:

SPDR S&P 500 ETF Trust (SPY)
Global X Lithium & Battery Tech ETF (ICLN)
iShares Global Clean Energy ETF (ICLN)
Vale SA (VALE)
BlackBerry Ltd (BB)
Bayer AG (BAYN)

Regards,
FxOpen

 

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Easter 2020: Changes to Trading Hours

Dear Traders!

Please note that due to the Easter holidays, trading hours for some financial instruments will be changed as follows:

Thursday, April 1st, 2021

Indices CFD:

• Australia 200 (#AUS200): 01:00 – 16:00;
• Europe 50 (#ESX50): 01:00 – 23:00;
• France 40 (#FCHI): 01:00 – 23:00;
• UK 100 (#UK100): 01:00 – 23:00.

All other financial instruments will be traded without changes.

Friday, April 2nd, 2021

Commodities CFD: trading closed.

Indices CFD:

• Australia 200 (#AUS200): trading closed;
• Europe 50 (#ESX50): trading closed;
• France 40 (#FCHI): trading closed;
• Germany 30 (#GDAXIm): trading closed;
• Hong Kong 50 (#HSI): trading closed;
• Japan 225 (#J225: 01:00 – 16:15;
• UK 100 (#UK100): trading closed;
• US SPX 500 (#SPXm): 01:00 – 16:15;
• US Tech 100 (#NDXm): 01:00 – 16:15;
• Wall Street 30 (#WS30m): 01:00 – 16:15.

Stocks CFD: trading closed.

All other financial instruments will be traded without changes.

Monday, April 5th, 2021

Indices CFD:

• Australia 200 (#AUS200): trading closed;
• Europe 50 (#ESX50): trading closed;
• France 40 (#FCHI): trading closed;
• Germany 30 (#GDAXIm): trading closed;
• Hong Kong 50 (#HSI): trading closed;
• UK 100 (#UK100): trading closed.

Stocks CFD:trading closed.

All other financial instruments will be traded without changes.

Monday, April 6th, 2021

Indices CFD:

• Australia 200 (#AUS200): 02:50 Tue – 00:00 Wed;
• Europe 50 (#ESX50): 03:15 Tue – 00:00 Wed;
• France 40 (#FCHI): 09:00 Tue – 00:00 Wed;
• Hong Kong 50 (#HSI): trading closed;
• UK 100 (#UK100): 03:00 Tue – 00:00 Wed.

Stocks CFD:trading closed.

All other financial instruments will be traded without changes.

Please consider these changes when planning your trading activities.

FXOpen Company News

 

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FXOpen Increases Margin Requirements for Rouble Pairs

Dear Traders!

Due to the uncertainty caused by possible sanctions against the Russian Federation, FXOpen is increasing margin requirements for rouble pairs. Margin requirements will increase by 5 (five) times their normal level. The changes are effective starting from April 5, 2021.

We will inform you as soon as margin requirements are back to their previous level.

Please consider these changes when planning your trading activities.

FXOpen Company News

 

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March 2021 Top 10 PAMM Accounts Overview

You would not want to forget about investing at any time of year, as it is essential to prepare your portfolio, taking into account all the changes in FXOpen’s PAMM rating. More and more managers are joining the platform, and this PAMM overview will help investors navigate among their offers and choose the best ones to shape investment strategies.

There were 192 active managers with $2,908,613.00 on their FXOpen accounts in early May.

Read Full on FXOpen Company Blog...

 

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FXOpen Launches Instant Bank Transfers in Vietnam and South Korea

Dear Clients,

FXOpen is pleased to announce that we've added a new method of depositing and withdrawing funds. Clients from Vietnam and South Korea can now carry out transactions via Instant Bank Transfers. Instant Bank Transfers are transactions made from an online bank account in a local currency.

To celebrate the launch, clients can deposit for free, paying 0% commission for the first month of use.

Read Full on FXOpen Company News...

 

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Trading Hours Schedule for the UK Early May Bank Holiday on 3 May

Dear Traders,

Due to the UK Early May Bank Holiday on 3rd May, you will experience the following changes in the trading hours schedule:

UK 100 Index (#UK100)

· Friday, April 30th: 01:00 - 23:00;

· Monday, May 3rd: trading closed;

· Tuesday, May 4th: opening at 03:00.

All other financial instruments will be traded as usual.

Please take these changes into consideration when planning your trading activities for the upcoming week.

Follow the updates on Facebook, Twitter and Telegram.

FXOpen Customer Service

E-mail: support@fxopen.com

Live Chat (24/5)

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Trading Hours Schedule for the Hong Kong Public Holiday on 19th May

Dear Traders,

Due to the Hong Kong Public Holiday on 19th May, you will experience the following changes in the trading hours schedule:

Hong Kong 50 (#HSI)

• Tuesday, May 18th: 01:00 - 22:00;
• Wednesday, May 19th: trading closed;
• Thursday, May 20th: opening at 04:15.

All other financial instruments will be traded as usual.

Please take these changes into consideration when planning your trading activities for the upcoming week.

FXOpen Company News

 

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FXOpen Leading April 2021 PAMM Accounts Overview

It’s May 2021 already, so it’s high time we took a look at where we ended up in April. Our latest review of PAMM accounts is meant to help investors navigate the rating of FXOpen’s PAMM account managers and form their portfolio by choosing what’s best for them based on profitability and outlook reports.

As of now, 160 manager accounts have been registered with FXOpen, with the accumulated investment capital in the amount of US$2,912,991.00.

Read Full on FXOpen Company Blog...