Fxopen crypto

All the popular forex trading styles including scalping, hedging and all the types of expert advisors are allowed. 1% of the price (round turn)

Real forex bonuses

OPEN
A CRYPTO ACCOUNT

AND TRADE CRYPTOCURRENCIES BITCOIN, LITECOIN, ETHEREUM

And other altcoins (43 pairs)

Cryptocurrency cfds TRADING TERMS

MINIMUM
DEPOSIT

Spread

Commissions

Leverage

Account currency

USD, EUR, GBP, RUB, JPY,
BTC, LTC

Minimum
transaction size

MG CALL / STOP OUT

Trading time

FUND YOUR CRYPTO ACCOUNT

WITH NO FEES

Over 20 ways to deposit and withdraw.

No commission for deposits in bitcoin, litecoin, ethereum, and emercoin.

TERMS OF DEPOSITING BITCOINS TO FXOPEN CRYPTO ACCOUNTS:

Minimum
WITHDRAWAL AMOUNT:

WHY TRADE BITCOINS WITH FXOPEN ?

TRADE CRYPTO CURRENCY with CFD instruments

Fxopen lets you trade all the most popular cryptocurrencies like bitcoin (BTC), bitcoin cash (BCH), ethereum (ETH), litecoin (LTC), dash (DSH), ripple (XRP), monero (XMR), IOTA, EOS, NEO, OMNI in the form of cfds without having to hold any cryptocurrency directly.

One of the largest bitcoin cfd brokers

We use top liquidity providers (exchanges) to aggregate liquidity and hedge the risks of client's exposure. Our order execution is based on the ECN aggregator.

TRUE ECN ENVIRONMENT

You can trade cryptocurrencies on MT4 platform and enjoy all the benefits of ECN execution: you trade against other market participants, not against the broker.

LOW SPREADS AND COMMISSIONS

You get tight market spreads and low trading commissions (0.5% half-turn), while the broker benefits as your traded volume and profits grow.

TRADE THE WAY YOU LIKE

All the popular forex trading styles including scalping, hedging and all the types of expert advisors are allowed.

THE MOST POPULAR TRADING PLATFORM

Buy or sell instantly with one-click trading on MT4.

Go long or short on any cryptocurrency CFD

Take a position when you expect a cryptocurrency to fall in value, as well as rise. No actual crypto assets are required.

ENJOY PEACE OF MIND TRADING WITH A TRUSTED BROKER

Fxopen is a reliable forex broker with a 10+ years' history.

FXOPEN CRYPTO ACCOUNTS HAVE
43 TRADING INSTRUMENTS AVAILABLE INVOLVING:

BTC/USD

Bitcoin vs US dollar CFD

1% of the price (round turn)

ETH/USD

Ethereum vs US dollar CFD

1% of the price (round turn)

XPR/USD

Ripple vs US dollar CFD

1% of the price (round turn)

Fxopen: reliable broker with favourable trading terms.
Make profit with us!

Trading on the forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

Fxopen markets limited, a company duly registered in nevis under the company no. C 42235.

Fxopen does not provide services for united states residents.

Fxopen crypto

Fxopen crypto accounts allow pairs trading with the following cryptocurrencies: bitcoin, litecoin, namecoin, emercoin and peercoin. The basic principal of the crypto accounts is the same as that of the ECN accounts – trading is carried out directly by participants who with their orders form the trading network.

The main difference in trading cryptocurrencies is that the system operates in decentralized peer-to-peer (P2P) network, i.E. The network is controlled not by one of the central financial and public authorities but by the network members who possess equal rights.

Fxopen company provides its client with the best offers available thanks to the unique mechanism of price aggregation that has long been successfully used for fxopen ECN accounts. ECN aggregator processes all the requests available at the time and your orders are executed at the most favorable conditions.

Crypto
trading platform	metatrader 4 for ECN
account currency	USD, EUR, GBP, RUB, JPY, bitcoin 1 , litecoin 2
execution	market
minimum deposit	USD 10
maximum balance	not limited
spreads	floating depending on the buy and sell orders on exchange
commissions	0.5% half-turn 3
pricing format	0,12345
minimum transaction size	0.01 lot
maximum transaction size	depending on the available liquidity on exchange
leverage	1:3
financial instruments	crypto pairs
margin call	30%
stop out	15%
trading time	24/7
swap	10% annualy
*contracts specifications*

1 all values for bitcoin-based accounts in metatrader 4 (including account balance, profit, etc) are indicated in mbtc (milibitcoin) which equals 0.001 BTC.

2 all values for litecoin-based accounts in metatrader 4 are indicated using 1 LTC (litecoin).

3 the minimum commission per transaction is 0.01 units of the MT4 account currency.

ECN technology allows scalping and hedging, as well as using expert advisors.

Swap – a charge that is incurred by customers who move their positions to the next trading session – is applied on crypto accounts.

Swap size: 10% per annum of the value of an open position.

Swap calculation:
first, the amount of borrowed funds is calculated based on current prices, and then it is multiplied by the annual interest. Since swaps are calculated and charged every day at the end of the trading session, the calculated amount of the annual interest for the position is divided by 360. If the total amount needs to be converted to the deposit currency, the conversion is carried out at the average price at the moment of charging the swap: (bid+ask)/2. The same method of calculating the average price is used in the formula of the "current average price".

Example:
your trading account currency is USD. You opened a buy BTCUSD position, 2 lots at 8050.00 USD per 1 BTC.
SWAP is calculated as follows:

Overnight from wednesday to thursday a triple SWAP is charged (for saturday and sunday).

Crypto option

Fxopen review

As you browse on the internet in search of the right broker, you will find many that let you trade hundreds and thousands of different assets. A lot of the online brokers give you access to indices, commodities, energies, currency pairs, etc. When you sign up with them. However, you sometimes want to find a broker that understands currencies the best. These currencies can be forex pairs or cryptocurrencies. When you are specifically looking for such a broker, you have to consider fxopen as one of your shortlisted options. Let’s get into this detailed review of fxopen and find out why.

Top rated robot

80% acclaimed win rate $250 min deposit accepts credit card

Fxopen – an online broker for currency trading

As mentioned earlier, the first thing you will notice about fxopen is that it focuses on currencies. When you are on its platform, you can trade cryptocurrencies and forex currencies. Even the many account types it has available are based on the type of currencies you want to trade. Right from the experience of this company you can expect some great service. It has been around for 15 years now and it has included some great features to its services over the course of time. The company takes pride in being one of the first brokers with micro accounts. You have to agree that the company has added all the features according to the need of time as it progressed.

According to the website of the company, this brokerage was started by people who themselves have spent many years in trading careers. These people understand the needs of the traders who want to trade currencies. You can approve of that by looking at the account features of fxopen.

Trading forex and cryptocurrencies with fxopen

Unlike most other brokers on the internet, fxopen is fully focused on the trade of currencies. It explains in detail on its website what forex trading is all about and how you can start. The best thing about this broker is that it lets you trade fairly. From fairly it means that you are trading against real parties in the market. When you enter a trade, you are either purchasing the currencies or selling them to a bank or some other institution in the market. One of the things that make fxopen unique is that you can trade no only the currencies on its platform but cfds as well.

You might not have noticed but with most other online brokers, you are not trading real assets. Instead, you are only trading cfds of those assets. That option is also available to you when you sign up with fxopen, but not with all accounts. What you will love as a trader is that there are more than 70 currencies available for you to trade. You can choose the ones that help you minimize your risk or the exotic currency pairs that allow you to earn big profits on your trades.

Now, when it comes to trading cryptocurrencies, you won’t find many brokers that are as good as fxopen. Fxopen is one of the very few online brokers that let you trade more than 43 different cryptocurrency pairs. You can trade these pairs with other famous currencies of the world. With other brokers, you are often limited to trading your digital coins with only USD, AUD or GBP. Things are quite different when you open an account with fxopen. Some of the cryptocurrencies that are available for trading with fxopen are bitcoin, ethereum, namecoin, litecoin, EOS, ripple, etc. What makes things even interesting is the fact that you can trade any of the cryptocurrencies with just 30% margin in your account.

You have to understand here that you need to open a crypto account in order to trade cryptocurrencies with fxopen. Let’s get into the details of the different types of accounts available for traders with fxopen.

Trading accounts with fxopen

You have four different choices to pick your account from. You will be able to trade forex with three of the accounts whereas the fourth account is meant for cryptocurrencies. It is for this reason you can call fxopen the best online broker for those who want to trade cryptocurrencies. The account that focuses on cryptocurrencies is known as the crypto account. Once you have opened this account, there are no other assets to distract you from trading cryptocurrencies. You have to know before opening this account that there will be commissions involved in it.

There are no spreads to affect your profitability in trades when you open the crypto account. With this account, you just have to pay a commission on every trade you execute. You will only pay 0.25% commission on the trades you conduct. The commission will be based on the volume of your trade. You will have 43 different cryptocurrency pairs to choose from. Most importantly, the minimum lot size will be as small as 0.01. Starting this account is no big deal at all. All you have to do is deposit $10 in your account and you are ready to trade cryptocurrencies with real money.

In addition to the crypto account, you have three additional account types. The best account for someone starting with their trading career is the micro account. In this account, you don’t have to deal with commissions but you will have to keep an eye on the spreads. You will have some other commodities that you can trade with these accounts. Mainly, you can only trade silver and gold with any of these accounts. Micro account is truly for those who are to trade for the first time because the minimum deposit you need in this account is just $1.

If you want complete transparency in your trades, you should go with the ECN account. Yet again, you will have to pay in the form of commissions when you open this account. In terms of the minimum deposit, it is the most expensive account because you will need a minimum of $100. There is another account, called the STP account. If you are interested in trading currency pairs and basic metals while also enjoying a very small minimum deposit, you can go with this account. In summary, you can see that there is nothing difficult with opening any of these accounts because of the small minimum deposits.

Fxopen’s trading platforms

You can’t expect a broker to provide great services unless it gives you access to some good trading platform. The best trading platforms in the world are metatrader 4 and metatrader 5. Metatrader 4 has remained the most favorite of brokers and traders worldwide. Metatrader 5 is the improved form of metatrader 4. Everything you find in MT4 is there on MT5 as well. However, you get some additional features on the later version too. The automated trading feature is even better but you can say after using MT5 is that it is the more flexible platform out of the two.

Now, in addition to the desktop versions of the softwares, you also have the mobile versions. Today, you don’t have to stick to your desktop computer just to know what’s happening in the market. In today’s world, your trading platform will travel with you on your mobile device. The best thing is that there is automatic trading option on MT platforms. What that means is that you can set certain filters on the platform and the trades will be executed automatically according to the rules you have set.

You are going to love the fact that fxopen brings some of the best plugins and add-ons to its trading platforms. These tools are there to help you know in detail about your trades before you execute them. These are simple tools like a calculator that tells you how many pips an asset’s value has gone up or down and converts that into monetary value. In addition to that, you have a commission calculator. Make sure you know how much money you will be paying to the broker before you enter into a trade. Perhaps place a call and inquire why you are being charged so much on certain trades.

Withdrawals and deposits in trader accounts

When you open an account with a broker, you have to look at the options you have available for depositing funds in the account. Furthermore, you have to know how easy or difficult it will be for you to pull the funds out of your account. Believe or not, some brokers out there can make the withdrawal process difficult on purpose. However, big brokers like fxopen will never play that trick on you. They have provided you with the safest and fastest ways of transferring money in your account and withdraw it out of your account. The options you have available for depositing the funds are also available for withdrawing those funds.

You can use bank wire transfer to send funds into your account. The minimum amount you will have to send through this method is $25. The local bank transfer option is also available. You can send your payments through credit and debit cards as well. With a card like china union pay, you can deposit an amount as small as just $1. In the electronic payment system options, you have some of the most well-known names such as webmoney, neteller, skrill, perfect money, etc. These same options are available for you when you want to withdraw funds from your account.

Another way to fund your account is through prepaid cards. However, the best and most innovative method is the money transfer through cryptocurrencies. As mentioned earlier, fxopen is one of the most unique brokers on the internet that focuses solely on currencies. You can’t transfer money into your account using cryptocurrencies with most other brokers. On the other hand, you can do that with fxopen. The cryptocurrencies that you can use to fund your account include ethereum, bitcoin, litecoin, emercoin, and tether. You can see that you have so many safe options available for funding your account and collecting the funds from it.

Yes, you have to keep in mind that there will be some fees involved when you deposit and withdraw the funds. A detailed table has been given on the website of the broker to help you with that. It is clear that fxopen does not want to keep anything hidden from its traders so you will not have to worry about any surprises.

Customer service from fxopen

The last thing you have to know about a broker is the customer service. In many cases, it can be the first thing that should help you judge a broker. What you want to see in this section is how easy the broker has made it for its traders to get in touch with its representatives. In some cases, brokers make it difficult deliberately for you to contact them on the phone. What they are trying to do is to force you to use the email option. You will not face any such tactics when you have a trader account with fxopen. The phone numbers for various countries are right there on the website.

You can contact the customer support representatives 24/5. What that means is that during the week, you can call the company whenever you want at any point in time. You also have an email address that you can use for sending your concerns and questions. Most importantly, you can use the online chat feature on the website to get in touch with a professional from the company on an instant basis.

Final thoughts

When looking for online brokers, you will find many that claim to be the best. However, you don’t have to pay the price for the claims that a broker makes. What should matter to you the most are your requirements. For someone who is interested in trading forex currencies and cryptocurrencies, fxopen is definitely better than most other brokers out there that have several asset classes for their traders to choose from. When your focus is cryptocurrency market and forex, you should choose the right account and sign up with fxopen. Last but not least, make sure you check the “bonuses” section on the website to see if you qualify for a welcome bonus.

Top rated robot

80% acclaimed win rate $250 min deposit accepts credit card

Make money
trading forex with
fxopen
ECN broker with over 15 years
experience

tight spreads and
low commissions!

Our advantages

Low commissions

Commissions from $1.5 per lot (half-turn) on ECN accounts. No trading commissions on STP accounts

Fast execution

Orders executed in as little as 0.001 seconds as the servers are located in europe and the USA

90-day cashback program

Get up to $1,000 money back from your trading during the first 3 months from the moment of registration

Wide range of instruments

100+ trading instruments including currency pairs, metals, cfds, oil, indices, cryptocurrencies

Security

Client funds are kept in segregated accounts, data encryption, two-factor authentication login

Experience

Operating for over 15 years as a forex broker and trusted by over 1,000,000 traders worldwide

ECN technology

Fxopen ECN enables the matching of client orders against the orders of other fxopen marketplace participants e.G. Other fxopen clients, both individual and institutional, and liquidity providers - banks, fx exchanges, other brokers. There is no conflict of interest between the clients and the broker, as the broker act only as the intermediary.

Fxopen ECN advantages:

• by aggregating the liqudity of multiple lps and feeding the aggregated raw price further to the clients, fxopen is able to offer tighter spreads and better execution that otherwise available to retail clients.

• the spread is floating and depends on market conditions.

• market execution with no last look is available to all fxopen ECN participants.

• transparent and equal trading conditions for all clients.

Crypto derivatives ban: fxopen stops offering crypto cfds in UK

FCA’s order to ban the retail sale of crypto derivatives will come into effect on january 6.

UK-regulated brokerage, fxopen announced on wednesday that it will stop offering cryptocurrency cfds from january 5 to comply with the financial conduct authority’s ban on the retail sale of crypto derivatives.

“following the decision by the financial conduct authority (FCA) to prohibit retail clients from trading cryptocurrency cfds, we regret to inform you as of 5th january 2021, you will be unable to open any new cryptocurrency CFD orders or positions,” the broker stated.

“all positions in cryptocurrency cfds will need to be closed before 5th january. Any remaining open positions that are not closed by 12:00 pm GMT on 5th january will be force-closed at the market price on this date.”

Breaking the crypto trading market?

Fxopen was one of the first brokerages to offer crypto trading pairs. It offers cfds trading services with over 40 cryptocurrency markets. Apart from crypto, the UK-headquartered broker offers trading with forex, commodities, indices and shares.

The decision to stop offering crypto cfds came in accordance with an FCA’s order to ban the sale of cryptocurrency derivatives and exchange-traded notes (etns) to all retail customers in the country. The regulator sees these instruments as “ill-suited for retail consumers due to the harm they pose.”

Fxopen - bitcoin forex broker information

In 2003, fxopen opened as an educational center in cairo, egypt educating and preparing individuals and groups in technical analysis for stocks and foreign exchange.

In early 2005, fxopen opened its own dealing service, and has since been at the forefront of the retail forex industry by striving to offer the best trading conditions, training and financial services to traders around the world.

Fxopen is a true success story achieved with strong customer service principles, flexible options, attractive promotions and a dedication to being the best.

Now in 2009, in addition to servicing retail forex clients via the industry standard trading platform, metatrader 4, fxopen is proud to announce the launch of its innovative ECN/STP service.

The fxopen ECN/STP service is unique in the way that it bridges the world's top liquidity providers into one MT4 platform offering not only an ECN price feed but also true ECN/STP execution and fills. Fxopen also provides an excellent PAMM service that combines multiple accounts into one account for the convenience of money managers.

From inception, fxopen, has been one of the foremost trading service for islamic traders with sharia compliant swap free accounts being provided to give muslims the same opportunity as is offered to clients worldwide. As a company with a global vision, fxopen has been and always will be a company that tries to understand the different needs of traders from all cultures and beliefs.

Fxopen, with its extensive global reach, wide range of services, strong growth and experienced team of professionals, is your best traveling partner along the road to success.

Fxopen offers bitcoin, ethereum, litecoin, dash, ripple trading.

Fxopen crypto

Crypto
trading platform	metatrader 4 for ECN
account currency	USD, EUR, GBP, RUB, JPY, bitcoin 1 , litecoin 2
execution	market
minimum deposit	USD 10
maximum balance	not limited
spreads	floating depending on the buy and sell orders on exchange
commissions	0.5% half-turn 3
pricing format	0,12345
minimum transaction size	0.01 lot
maximum transaction size	depending on the available liquidity on exchange
leverage	1:3
financial instruments	crypto pairs
margin call	30%
stop out	15%
trading time	24/7
swap	10% annualy
*contracts specifications*