Fxopen minimum deposit

A monthly contest with a prize fund amounted to $5000. The winner of the contest becomes a manager of a PAMM ECN account with the balance from $1000.

Real forex bonuses

FXOpen Profitable Week, fxopen minimum deposit.

What are the advantages of being fxopen affiliate?

Fxopen profitable week

A free weekly contest which is held on ECN demo accounts. It has a prize fund amounted to $1000 and bonuses.

Fxopen FX market masters

A monthly contest with a prize fund amounted to $5000. The winner of the contest becomes a manager of a PAMM ECN account with the balance from $1000.

Proft hunters

A unique paid contest, where the prize fund consists of participants' entry fees and fxopen sponsorship. The prize for the 1st place amounts to $2000.

Fxopen partnership

Use the referral link to land customers and benefit from their trades.

Become our introducing broker and get an individual partnership remuneration plan.

Act as an fxopen representative in your region and profit from bringing new clients to fxopen.

Set up your own brokerage employing fxopen solutions and technologies.

For active social network users;

For all fxopen clients.

For owners of forex-related and financial web-sites;

For bloggers and forum moderators;

For partners with a client base of their own.

To create regional representative offices;

For partners with a sizeable base of clients and agents;

For partners willing to operate under the fxopen brand.

For banks and financial organizations;

For individuals willing to start private business on forex through fxopen technologies.

What are the advantages of being fxopen affiliate?

1. Fxopen has a commission multiplier. The higher the trading volume of your referrals is, the higher the commission you get will be.

2. Multi-level commission calculation. In other words, you earn not only on users attracted by you, but also on those attracted by your referrals. Currently fxopen affiliate program involves three levels.

3. The lifetime of partnership cookie is 30 days. So, if a user registers not just after his visit, but 2 weeks later, he becomes your referral anyway and generates an income for you.

4. Fair commission calculation for PAMM accounts - in two stages: 50% on the day of order opening and 50% on the day of order closing.

Warning! Fxopen is an offshore company! Your deposit may be at risk.

RECOMMENDED FOREX BROKERS

Fxopen’s website does not carry itself as a modern, stylish broker. In fact, the broker site doesn’t feel like anything else we’ve reviewed before. But first impression can be deceiving. Is fxopen more than meets the eye?

There are two subsidiaries using the fxopen brand name.

Fxopen markets limited (fxopen.Com) is registered in nevis and is a member of the financial commission (FINACOM PLC LTD). This regulatory body is an independent organization, meaning that it is not registered within any jurisdiction as an EDR (external dispute resolution) body. Nevertheless, finacom ensures that both traders and brokers conflicts of interest are resolved in a professional and unbiased manner. Clients trading under brokers regulated by finacom are eligible for the commission’s compensation fund of up to €20,000.

Fxopen ltd (fxopen.Co.Uk) is registered in england and wales and is regulated by the FCA. The FCA strives to enforce strict industry standards, requires detailed reports from the company, and generally oversees that fxopen ltd’s activities are within the boundaries of the law. Fxopen ltd is a member of the investors compensation fund allowing for client compensations of up to € 85 000 if the broker cannot meet its obligations to the trader.

As an entity outside ESMA controlled zones fxopen rightfully offers a maximum leverage of 1:500. In europe and the UK the spread has been limited to 1:30 as decreed by esma. The spread for EUR/USD lingers on 0.3-0.5 pips.

Fxopen.Com has a bunch of assets for trade: FX pairs, gold, silver, cfds, oil, natural gas and crypto currencies. The big one missing is indices. However, there is an extensive array of cryptocurrency trading opportunities.

Fxopen.Co.Uk offers as trading assets: forex pairs, cryptocurrencies, gold, silver, enegry, oil and CFD’s on indices.

The services of fxopen.Com are offered in the following languages: arabic, english, chinese, french, dutch, czech, indonesian, malay, persian, polish, portuguese, russian, spanish, hebrew, turkish.

Fxopen.Co.Uk has translated the website in: chinese, german, russian and spanish.

The presence of MT4 and MT5 is no surprise. Zulutrade, on the other hand is a welcome addition.

Fxopen.Co.Uk comes only with the MT4 platform.

Zulutrade is a standalone platform that uses signals from expert traders to manage your account and bring you lucrative strategies. Zulutrade allows for multiple account management from one workplace, real time free signal deliveries and many more features that will aid you in your game of trade. The trader is, however, left to control his/her own funds, decides his/her own level of risk, and can set the maximum lot range.

The leverage is limited to 1:500, while the average EUR/USD spread is 0.3-0.5 pips.

METATRADER 4

The bigger chunk of retail online trading is done via MT4. This is no coincidence. The platform’s staple expert advisors, VPS, great chart management, one click trading customizable indicators are back. Add to that an assortment of tools that fxopen has added and what you get is precision trading at its finest.

Myfxbook allows for tracking, comparing, sharing and analyzing services in a matter of minutes. It is available to use for free with your MT4 account.

Fxopen allows for PAMM (percentage allocation money management) accounts to be utilized. The essence of this is that inexperienced traders, or those without the time, can allocate a sum of their money to a qualified trader of their choice. From there on, these adept traders will trade with their and your money with the sole purpose of generating as much profit as possible.

Other tools include one click trading and level2 plugin, calculator for margin and pip value, commission calculator and more.

Seeing that fxopen.Co.Uk is regulated by FCA, the inclusion of PAMM has been forbidden. However, fxopen.Co.Uk comes equiped with all the aforementioned tools, and is integrated with myfxbook.

The leverage is limited to 1:500 and 1:30 in the EU/UK (by ESMA), while the average EUR/USD spread is 0.3-0.5 pips. ECN account holder will be commissioned by $1,5 (per side) per standard lot: with the fee applied the spread changes from 0.3 pips to an actual 0.6 pips spread for ECN account holders.

The other commission scheme involves a deduction 0.5% of the total trade volume for crypto account users.

MT4 is available on apple and android devices, as a standalone desktop trader or a web based one. The web version is without trading bots.

METATRADER 5

MT5 is an improvement in every way to MT4. With its increased time frames, more pending order types, the inclusion of an economic calendar, and so much more, MT5 should slowly be taking over as the number 1 trading terminal. The platform comes with all its predecessor’s features: eas, VPS, one click trading, level2 plugin, the possibility for PAMM and myfxbook.

The leverage reaches a limit of 1:500, while spread fluctuates between 0.3-0.5 pips.

With the commission the spread for ECN accounts changes to 0.6-0.8 pips. Crypto account clients will be burdened with 0.5% of the total trade volume.

MT5 is available on apple/android devices, as a standalone desktop trader or as a browser terminal (no eas)

FXOPEN MINIMUM DEPOSIT

Fxopen allows for minimum deposit of just $1, and $25 if funding via wire transfer.

Fxopen.Co.Uk’s minimum deposit is $300.

Bear with this for there are a lot of deposit methods: credit/debit card, china union pay, SEPA, alfa click, local bank transfers, wire transfer, local deposit, rapid transfer,sorexpay, intellectmoney, neteller, paytoday, skrill, QIWI,fasapay, yandex, RBK money, perfect money, intellectmoney, epayments, bitcoin, litecoin, emercoin, ethereum, tether, paysafe card.

The methods for depositing are limited at fxopen.Co.Uk when compared to the one above: bank transfer, mastercard, visa, visa debit, visa electron, maestro, laser, webmoney, neteller and skrill.

Deposited sums will be converted into one of the following: USD, EUR, GBP, AUD, CHF, JPY, RUB, BRL, PEN, THB, CNY, SGD, CAD, IDR.

At fxopen.Co.Uk, the base currencies are limited to: USD, EUR, GBP, CHF, AUD, CAD.

Bank transfers and local transfers processes funds for about 1-3 days. Local bank transfers and paytoday deposits are processed instantly. The same applies to credit/debit cards, china union pay and epayments, paysafecard, and ewallets.

Unfortunately, payment methods are charged with a fee: wire and local transfers depend on the bank in operation; 2.29% for local bank transfers; 2% from rapid transfer; 4% from paytoday; credit/debit card are charged with 2.29%; china union pay with 3.5%; epayments and webmoney with 1%; skrill with 2.29%; RBK- 3.9%; QIWI- 6%; yandex money-7%; neteller- 3%; 5% for perfect money; sorexpay with 2.5%; intellectmoney by 3%; and paysafecard by 8.25%.

Fxopen.Co.Uk has slightly different commissions on deposits: bank tarnsfer depend on the bank; neteller, skrill and webmoney are taxed with 1%; credit/debit cards are free of charge.

FXOPEN WITHDRAWAL TIME AND LIMITS

Withdrawal methods are slightly different from the funding ones: credit/debit card, local bank transfers, wire transfer,web money, neteller, paytoday, skrill, QIWI, fasapay, yandex, RBK money, perfect money, intellectmoney, epayments, bitcoin, litecoin, emercoin, ethereum, tether, paysafe card.

The withdrawal methods at fxopen.Co.Uk are: bank transfer, mastercard, visa, visa debit, visa electron, maestro, laser, webmoney, neteller and skrill.

All wire transfer types can take up to 3 days to process. Credit and/or debit cards and ewallet withdrawals are usually handled in 24 hours. Note that the processing by the broker and the amount of time it takes for the money to arrive to your account are two different things.

The withdrawal fee for wire transfer is $45. For credit/debit cards it’s 2.5%; china union pay it’s 0.5%; epayments its 0.75%. For skrill and yandex it’s 1%; web money-0.8%; QIWI-1%; fasapay-0.5%; yandexmoney-1%; perfect money- 0.5%; epayments-0.75%. All services are eligible for payment system taxes.

Commissions at fxopen.Co.Uk are as follows: bank transfer is burdened with $30; neteller, skrill and webmoney are feed by 1% of the total withdrawal sum; credit/debit cards are free of charge.

The minimum amount you can withdrawal is $100 for bank transfer. Credit cards and epyament have a minimum of $10. While yandex, webmoney, skrill, QIWI, perfect money and fasapay have a minimum withdrawal requirement of $1. For paysafe it’s $7, for paytoday it’s 10 THB, and for neteller it’s $2.

BOTTOM LINE

In spite of offering fertile ground for trading with a high leverage, outstanding platforms and diverse payment methods, one must not ignore the fact of fxopen’s off shore regulation. It immediately creates feelings of uncertainty when a broker is regulated entirely by 1 offshore firm, and not a very common one. So be warned!

Trade forex and
global markets
from one account
spreads from 0.0 pips

ECN trading, no dealing desk

Fxopen UK advantages

PEACE OF MIND

Fxopen UK is authorised and regulated by the FCA (579202) in the UK, with retail client funds fully protected up to £85,000 by the FSCS.

WE WANT YOU TO BE A SUCCESSFUL TRADER

We don’t make money on client losses, so there’s no conflict of interest.

MAKE YOUR MONEY GO FURTHER

Enjoy low cost forex trading with spreads from 0.0 pips and commission from $1.50 per lot.

ULTRA-FAST EXECUTION

Your trade is executed instantly through our wide range of liquidity providers streaming real-time prices.

YOUR CHOICE OF TRADING STRATEGY

High frequency trading, all types of expert advisors (EA’s) and scalping are all welcomed forms of forex trading.

200 + MARKETS OFFERED

Trade global FX, indices, equities and commodities via cfds through the highly customisable MT4 or MT5 trading platforms

ECN technology

ECN model - all trades executed in interbank market.

No dealing desk (NDD). No conflict of interest. No trade restrictions.

We want our traders to be profitable. We do not trade against you.

Main conditions on fxopen UK trading accounts

Minimum deposit:

Account currency:

Business model:

Maximum balance:

Spread:

Commission (per 1 lot):

Quotes format:

Execution:

Requotes/slippage:

Minimum transaction size:

Maximum transaction size:

Minimum increment:

Leverage:

Margin call:

Stop out:

Demo accounts:

Instruments:

Hedging:

Expert advisors:

Scalping:

News trading:

Phone dealing:

Market depth with level 2 quotes:

Trading time:

$300, £300 or €300

USD, GBP, EUR

No limit

Floating, from 0 pips

From $1.50

0.12345

Market

No / yes

0.01 lot

Not limited*

0.01 lot

Up to 1:30

100%

Currencies cryptocurrency cfds* metal cfds energy cfds index cfds share cfds *only available for trading by professional clients

22:00 sun – 22:00 fri (UK time)

$300, £300 or €300

USD, GBP, EUR

No limit

Floating

0.12345

Market

No / yes

0.01 lot

Not limited*

0.01 lot

Up to 1:30

100%

Currencies
metal cfds

22:00 sun – 22:00 fri (UK time)

Open a live account and select your account type

Or try a free DEMO ACCOUNT to learn how to trade!

Trade with the world's most popular trading platform metatrader 4

- used by millions of traders around the world.
- design, build and use your favorite trading systems.
- highly customisable, with a range of apps that can improve its charting, interface and functionality.
- fxopen UK clients can use MT4 to trade forex, indices, equities and commodities via cfds
- compatible with all operating systems.
- fast, reliable, secure.

MT4 desktop

An application that is downloaded onto your computer and has the full range and functionality of the MT4 trading platform.

MT4 webtrader

Access via a web browser with no need to download the desktop platform.

MT4 iphone

Trade on your ios smartphone and tablet from anywhere that hosts an internet connection.

MT4 android

Trade on your android smartphone and tablet from anywhere that hosts an internet connection.

Metatrader 5 trading platform

- compatible with all operating systems. Trade on metatrader 5 today.
- choice of accounts: in MT5 you have the choice of two order accounting systems (netting and hedging)
- fundamental analysis tools are available in MT5: the economic calendar and financial news keep you up to date with market developments
- algorithmic trading allows you to trade the markets using trading robots (expert advisors) without your direct involvement in every trade

2005-2020 © fxopen UK all rights reserved.
Fxopen UK is a trading name of fxopen ltd a company registered in england and wales under company number 07273392 and is authorised and regulated by the financial conduct authority under FCA firm reference number 579202.

RISK WARNING: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.

Fxopen review

Fxegypt

Fxopen is a forex broker. FX open offers the mobile, MT4, MT5 and web trading platforms. Fxopen.Com offers over 50 currency pairs, CFD, bitcoin and other cryptocurrencies for your personal investment and trading options.

Fxopen.Com is the nevis branch of fxopen.

The australian branch is at fxopen.Com.Au. The UK branch is at fxopen.Co.Uk

Also known as:
forexbrazilian.Com, fxopen.Ae, fxocnmarkets.Com, fxislamic.Com, fxfrench.Com, fxopengermany.Com, tradefxind.Com, fxmalay.Com, fxopen.Com.Mx, fxopenthai.Com, fxopentrading.Com.

Broker details

deposit methods:

bank wire, VISA, mastercard, epayments, fasapay, intellectmoney, JCB, local bank transfers, maestro, neteller, paytoday, perfectmoney, poli, qiwi, RBK money, skrill, unionpay, webmoney, yandex money

Live discussion

Join live discussion of fxopen.Com on our forum

Video

Let other traders know if this service is worth checking or should be avoided.

Traders reviews

Length of use: over 1 year

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 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

Nov 23, 2020 - 5 stars and i want to share my experience with all the new traders in the trading world , with my experince in fxopen , i am a trader 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 trader, 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

Length of use: over 1 year

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

Nov 24, 2020 - 5 stars 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

Length of use: over 1 year

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?

Nov 25, 2020 - 5 stars 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.

Length of use: over 1 year

In december 2020 i will complete 6 years of trading with fxopen. This broker is an ECN broker so all the trades go into the inter bank markets and the liquidity providers. This enables me to get my all the orders fulfilled at any time whether it is the release of the high impact news.

Other brokers many of who are market makers will be trading against you and so you will have a difficult time in earning consistent profits with them.

During these years i have been making consistent income from my trading. When i started trading i was using webmoney for both deposits and withdrwals but in the year 2018 i shifted to bitcoin as it was easy for me to cashout.

When i make a cashout i am paid in under 3 hours and this is important as the rates of the BTC are moving very fast.

We are sorry to read about your negative experience with fxopen and understand your frustration.

Unfortunately in summer the internal procedures of our card processors have changed, which has led to double-conversion. SEPA transfers were also temporarily unavailable for the clients of fxopen markets limited.
We fully understand that it creates both additional charges and inconveniences to our clients.

Therefore, we do our best to make it up to our clients by offering the reimbursement of deposit charges.
In your case, we have also offered you a deposit bonus and a commission-free account as a sign of good will.
Please not that it is fully legal to offer to cover any fees to our clients and cannot be viewed as bribery.

At the moment fxopen markets limited offer commission free SEPA deposits. They are available in fxopen backend – https://my.Fxopen.Com

We would also like to stress that our offer still stands – commission free account for 6 months and reimbursement of all deposit related fees conversion fees included (if any).

We wish you a happy new year and we would be honoured to welcome you among our clients again.

Fxopen minimum deposit

The fxopen minimum deposit amount that fxopen requires is US dollar 1.

The minimum deposit amount of US dollar 1 when registering a live account is equivalent to ZAR18.51 at the current exchange rate between US dollar and south african rand on the day that this article was written.

The minimum deposit amount will depend on the type of account that the trader opens, and it ranges from US dollar 1 – US dollar 100.

Fxopen is a UK-based broker which is authorized and regulated by one of the strictest and most demanding regulating entities namely the FCA, and as a regulated broker, one of the requirements is that client funds be kept in segregated accounts.

In complying with this, amidst several other strict rules and regulations, all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.

In addition to ensuring client fund security through segregated accounts, regulated brokers such as fxopen are required to be a member of a compensation scheme or fund which pays out a certain amount to eligible clients in the case of company insolvency.

Deposit fees and deposit methods

Fxopen does not charge deposit fees when traders fund their trading account and traders can use any of the following deposit methods which includes, but is not limited to:

Bank wire transfer

Walao! Pay

Local wire transfers (or skrill)

Local deposits

Alfa-click

China unionpay

Credit/debit cards, and several others.

Fxopen supports a variety of deposit currencies in which traders can fund their accounts including:

Base deposit currencies including USD, EUR, GBP, AUD, CHF, JPY, and RUB

The deposit currencies available will depend on the payment method used, other deposit currencies also include:

Step by step guide to deposit the minimum amount

Once the trader has completed the process of registering on the website, the trader can make the initial minimum deposit by using these steps:

Log into the client portal and select either one of the supported payment methods in the ‘add funds’ menu.

Complete the form with the amount that the trader would like to deposit, in this case the minimum deposit amount, along with currency, trading account number and then click on ‘add funds’.

The trader will then be redirected to the gateway of the chosen preferred payment method to complete the transaction.

Fxopen profitable week

A free weekly contest which is held on ECN demo accounts. It has a prize fund amounted to $1000 and bonuses.

Fxopen FX market masters

A monthly contest with a prize fund amounted to $5000. The winner of the contest becomes a manager of a PAMM ECN account with the balance from $1000.

Proft hunters

A unique paid contest, where the prize fund consists of participants' entry fees and fxopen sponsorship. The prize for the 1st place amounts to $2000.

Fxopen partnership

Use the referral link to land customers and benefit from their trades.

Become our introducing broker and get an individual partnership remuneration plan.

Act as an fxopen representative in your region and profit from bringing new clients to fxopen.

Set up your own brokerage employing fxopen solutions and technologies.

For active social network users;

For all fxopen clients.

For owners of forex-related and financial web-sites;

For bloggers and forum moderators;

For partners with a client base of their own.

To create regional representative offices;

For partners with a sizeable base of clients and agents;

For partners willing to operate under the fxopen brand.

For banks and financial organizations;

For individuals willing to start private business on forex through fxopen technologies.

What are the advantages of being fxopen affiliate?

1. Fxopen has a commission multiplier. The higher the trading volume of your referrals is, the higher the commission you get will be.

3. The lifetime of partnership cookie is 30 days. So, if a user registers not just after his visit, but 2 weeks later, he becomes your referral anyway and generates an income for you.

4. Fair commission calculation for PAMM accounts - in two stages: 50% on the day of order opening and 50% on the day of order closing.

Fxopen review

Fxegypt

Fxopen.Com is the nevis branch of fxopen.

The australian branch is at fxopen.Com.Au. The UK branch is at fxopen.Co.Uk

Also known as:
forexbrazilian.Com, fxopen.Ae, fxocnmarkets.Com, fxislamic.Com, fxfrench.Com, fxopengermany.Com, tradefxind.Com, fxmalay.Com, fxopen.Com.Mx, fxopenthai.Com, fxopentrading.Com.

Broker details

deposit methods:

bank wire, VISA, mastercard, epayments, fasapay, intellectmoney, JCB, local bank transfers, maestro, neteller, paytoday, perfectmoney, poli, qiwi, RBK money, skrill, unionpay, webmoney, yandex money

Live discussion

Join live discussion of fxopen.Com on our forum

Video

Let other traders know if this service is worth checking or should be avoided.

Traders reviews

Length of use: over 1 year

Other brokers many of who are market makers will be trading against you and so you will have a difficult time in earning consistent profits with them.

When i make a cashout i am paid in under 3 hours and this is important as the rates of the BTC are moving very fast.

We are sorry to read about your negative experience with fxopen and understand your frustration.

At the moment fxopen markets limited offer commission free SEPA deposits. They are available in fxopen backend – https://my.Fxopen.Com

We would also like to stress that our offer still stands – commission free account for 6 months and reimbursement of all deposit related fees conversion fees included (if any).

We wish you a happy new year and we would be honoured to welcome you among our clients again.

Fxopen review – an ultimate broker review

This article will cover extensive details on the fxopen review. Established in 2003, fxopen first started its journey as an educational center offering courses on financial market trading. This education program covered technical analysis, risk management, fundamental analysis, etc. Its education program ran as a success since they’ve got enormously positive reviews from the traders/clients subscribed to the training program.

After 2 years of the successful education campaign, in 2005 they’ve decided to step in the global market as a financial broker. Fxopen markets limited is operated under fxopen AU pty ltd, an australia based company registered in nevis.

They aimed to be one of the top competitors around the market and planned to start with something new or unique that no broker has ever brought for their clients.

Fxopen boosted its opening performance by offering micro accounts and swap-free accounts for the first time in the forex industry. As a result, traders with smaller capitals started to fall for the micro accounts and long-term traders hailed fxopen for offering swap-free trading facilities.

A swap-free account is also known as a sharia-compliant account that lets traders hold their open trade positions as long as they want without paying any overnight fee to the brokers.

Fxopen offers very competitive trading fees compared to other top brokers around the market. Let’s have a look at fxopen review’s this aspect:

Trading fees: the cost of trading varies depending on the type of account you use. If you’re using the ECN account, you’ll be charged $30 to $100 per $1m traded which equates to 0.3 to 1 pip based on the nature of the traded instruments. Fxopen offers VIP ECN account service through its australian entity which requires at least 25,000 AUD as initial deposit. If you’re a VIP ECN account holder, you’ll be charged only $18 per 1 million units traded and $36 per round trip. This is a fixed amount charged per transaction and completely irrespective of trading volumes. There are no commissions charged for micro accounts. For the STP account, the commission is embedded within the prevailing spreads.

Deposit and withdrawal fees: fxopen doesn’t charge any fee for the deposit made to its live trading account. But it charges for withdrawals and the amount of the fee depends on the withdrawal methods. For withdrawals through bank wire transfer and SEPA transfer, it costs around $45 per transaction. If you are using credit/debit cards & china unionpay, it costs 2% to 3.5% of your total withdrawal amount plus 3.5 EUR as a fixed charge. For withdrawals via electronic payment systems like webmoney, QIWI wallet, yandex money, neteller, perfect money, fasapay, and skrill, a 0.8% to 1% fee is applied to the total withdrawal amount. However, the broker does not charge any deposit/withdrawal fees for the transactions made using fxopen prepaid cards.

Account opening: fxopen review

For opening an account and start trading with fxopen, you need to follow the 7 simple steps as mentioned below:

Access the register: visit the official website of fxopen at fxopen and register for my fxopen account. A number of trading accounts can be opened under each my fxopen account.

Access to your personal client section: once you’re done with the registration process, you’ll be provided a username and password through your registered email. Access to your my fxopen client area using the given login information

Account selection: fxopen offers four different kinds of trading account for its clients. Select the type of account according to your needs. We recommend you to have a brief study over the individual account types and pick the one that suits you most.

Read and accept the legal terms and conditions: take your time to thoroughly read this section and accept it if you see the terms are fair enough.

Fill in the account opening form and submit: here you’re required to fill all the necessary information about yourself like, name, email address, phone number, local address, etc.

Account verification: you need to verify your account information in order to get full access to your trading account features. Just submit a scanned copy of your passport, national ID or driving license and a valid utility bill (not older than 3 months) to prove your identity and address of your residence. Once the verification is done successfully, you’ll be notified through your registered e-mail and you’ll be free to deposit & withdraw money from your account.

Fund your account and start trading: after you’re done with all the above steps, log in to your account, fund your account through your preferred transaction method and start trading in the market.

Trading account types & commissions: fxopen review

Fxopen offers various types of trading accounts with different commission systems in order to suit the requirements of clients with different size of capitals and strategies.

ECN: fxopen launched ECN trading in 2009. ECN is a unique electronic communication network, links different market participants of like banks, centralized exchanges, brokers, financial institutes, and private investors. This account is coordinated by fxopen’s advanced price aggregating technology that accumulates the best prices, real market spreads, and instant order executions. There is no dealing desk at the middle and all kinds of trading styles like scalping, news-trading, automated HFT, and expert advisors are allowed for ECN traders. The commission for trading through ECN starts from 1.5 USD per standard lot.

Crypto account: crypto account was launched in 2014 by the broker. This account is specially designed for the cryptocurrency tradings. Some of the strongest cryptos like bitcoin, litecoin, ethereum can be traded against USD, EUR or RUB through this account. The average commission 1% for each round and 0.5% per half-round traded.

STP account: fxopen had been providing STP account facilities to its clients since 2013. This account features almost all the facilities provided by the ECN account but with a low deposit which is as low as $10. The commissions of STP account trading are included in the spreads. It offers leverages up to 1:500 (for accounts under 25,000 USD) and the minimum size of the trade is allowed as 0.01 lot. The main purpose of the STP account is to provide an ECN trading environment for traders with small and medium investments.

Micro trading account: this account is suitable for traders with small capitals, especially for the newbie traders. It allows minimum deposit which is as low as $1 and allows small transactions with micro-lot (0.01) tradings. It supports multiple indicators, strategies, and expert advisors with minimal risk involved.

Demo account: fxopen also offers demo trading accounts for the traders who are interested to learn about the broker service and keen to experience the thrill of trading in the live markets. An individual can open multiple demo accounts which enable traders to experiment numbers of trading strategies and evaluate the trading performance using separate accounts. Opening a demo account with fxopen is as simple as opening an email account. Moreover, for demo accounts, you’re not required to go through any sorts of account verifications.

Deposit and withdrawal

As an fxopen client, you’ll enjoy a wide range of deposit and withdrawal options which allows you to choose your favorite transaction methods while investing and making withdrawals from your account.

Transaction methods

Webmoney

Neteller

Skrill

QIWI wallet

Perfect money

Yandex money

Fasapay

Intellectmoney

Bank wire transfer

SEPA transfer

Skrill rapid transfer

Paytoday

Alfa-click

China union pay

Credit/debit cards

Fxopen prepaid cards

Paysafecard

Local bank transfers (for asia, africa, and latin america)

Limit: the minimum deposit limit in your fxopen account is as low as $25 and there is no maximum deposit limit. This means you are free to deposit any amount you wish starting from $10.

On the other hand, the minimum withdrawal amount is limited to $100 and you’re free to withdraw as much as you want within your account balance.

According to the terms of fxopen, the method of deposit and withdrawal should be the same. If you wish to have more clarification regarding this matter, you can still chat with their customer service and we recommend you to do it before you go in for your first deposit.

It takes up to three business days for processing payments through debit/credit cards and wire transfers. However, for electronic payments, it takes only one business day.

Fxopen trading platforms

Metatrader 4: the most popular forex trading platform in the market. More than 90% of transactions on the retail forex market are executed via metatrader 4. In 2009 fxopen offered its clients direct access to interbank liquidity and ECN trading facilities through the metatrader 4 terminal. Since then fxopen has been continuously working to extend the capacity of standard forex MT4 terminals. Moreover, this platform is supplemented by fxopen’s own innovative solution – liquidity aggregator. In these modern days of trading, fxopen ECN ensures instant and error-free order execution at the best prices with more than 10 banks and other liquidity providers in the background.

Metatrader 5: metatrader 5 is well-known as a multi-asset trading platform. It has been developed by metaquotes software corp and is now one of the most popular free terminals used for online trading. MT5 offers a familiar user interface of MT4 enriched with many new functions.

Webtrader: fxopen has made online trading more accessible to more traders around the world. You can use your fxopen trading ID and password through the web browsers to get access to your trading panel from anywhere of the world. Furthermore, this platform doesn’t require to download and install any extra software to your device.

Mobile trading: fxopen also offers mobile versions of both MT4 & MT5 that support iphone, tab, and android devices. This feature enables traders to access the market and execute trades from anywhere they want.

Zulu trade: it is a social trading platform that enables traders to follow and copy the trades from other market professionals. If you’re not ready to trade yourself in the market, you can still operate your trading activities by copying profitable traders through the zulu trade platform. Zulutrade runs a trader’s rating with detailed information about the provider’s past performance and reviews from other signal followers. This rating helps traders to subscribe for the best possible signal providers available in the market. Although, zulutrade leaves full control over your capital and trading in your hands. Moreover, you can customize the risk management and set a suitable number of lots, to be opened when a signal is received in your account. Besides, you can close all open positions and opt-out of a strategy or a provider at any time you want.

Other than offering multiple trading platforms, this broker also provides a number of trading lools like one click trading, margin & pip value calculator, conversion rates, and commission calculator. These features assist you to make the best possible decisions over risk management while trading in the market.

Fxopen markets and products

From currency pairs to indices, fxopen offers a wide range of financial products to its clients. Let’s have a look:

Currencies: fxopen includes all kinds of forex currency pairs like majors, minors, exotic, and cross-currency pairs. Major currency pairs like EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD and EUR/GBP are represented with tighter spreads than other currency pairs.

Cryptoassets: as an fxopen client you’ll get full access to the cryptocurrency market including major instruments such as bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), etc. These products can be exchanged against the US dollar, EURO, and other major currencies in the market.

Commodities: popular commodities like crude oil, natural gas, heating oil, sugar, gold, corn, wheat, soybeans, copper, silver, cotton, and cocoa all are traded through fxopen platforms.

Indices: in 2015, fxopen introduced indices & cfds to its clients. The broker offers a wide range of indices to its traders such as DAX (germany), FTSE 100, NASDAQ index, S&P 500 (US 500), ASX 200 (australia 200), nikkei 225 (japan 225), hang seng (hong kong HS50), IBEX 35, euro stoxx 50, etc.

Safety and security

Fxopen is regulated by the financial conduct authority, FCA, UK (FRN: 579202) and the australian security and investment commission, ASIC (AFSL #AFSL 412871 – ABN 61 143 678 719). Fxopen keeps its client’s funds in a segregated bank account provided by tier-1 banks.

This broker is also required to comply with the anti-money laundering and countering financing of terrorism legislation (AML/CTF laws). It has already developed an internal anti-money laundering and counter-terrorism policy (hereinafter – AML policy) based on the risk assessment and determined to achieve the objectives of the AML/CFT laws.

Fxopen education & market research

Fxopen provides forex learning materials such as ebooks, videos, and useful webinars for its traders. As a client, you’ll get access to its trader’s forum where you’re allowed to access all the educational tools and can take part in discussions with other forum members to share trading knowledge, experience, and trading tips.

This broker also offers daily and weekly market reports, updates and possible trade ideas prepared by its own market research team. These reports with market insights are sent to clients through their registered emails by qualified market professionals. Besides, you’ll also be accompanied by a broker representative or personal manager in case if you have any special needs.

Trading contest and bonus: fxopen review

Fxopen holds a free educational demo trading contest on a regular basis. Anyone from any part of the world can register for the contest. Despite it is a demo trading contest, the prize for the winners is “real” money and the prize pool is as high as 4,000 USD.

You do not need to be a client with a real account in order to be qualified to enter the contest. However, existing clients are also welcomed to join the contest and enjoy the trading thrill without risking any money.

Besides trading contests, the broker also supports its clients by providing various trading promotions and bonuses which are updated each and every month. Currently, they are offering a $10 no-deposit bonus for opening an STP account. This bonus will automatically be credited to your account once you’re done with the account verification through SMS.

Customer service

The customer service department of the broker is open for 24/5 (monday to friday) from 7 to 16 GMT. You can contact them through live chat, email, and over the phone.

Fxopen customer service supports multiple languages including english, french, deutch, russian, thai, malay, bahasa, espanol, portuguese, farsi, turkish, and arabic.

If you’re an existing client, you’ll be issued a customer service ticket whenever you contact them for any issues. This ticket can be used as a future reference if your issue is not solved as you want.

FX open contacts

Head office: ebene heights no 34, cybercity ebene, mauritius.

Mailing adress: P.O. Box 590, springates east, government road, charlestown, nevis.

Phone contacts: +8-800-555-9494 (toll free), +7-499-346 (RU), +64-9-801-0123 (NZ), +49-693-329-6294 (GER), +33-979-998-040 (FR)

Fxopen also offers live chat facilities. All you need to do is just fill a simple contact form, submit it, and one of the broker agents will contact you immediately for answering your query.

Frequently asked questions

Yes. Fxopen is regulated by the financial conduct authority, FCA, UK (FRN: 579202) and the australian security and investment commission, ASIC (AFSL #AFSL 412871 – ABN 61 143 678 719).

Fxopen offers a wide range of financial assets for its clients. These products include currencies, cfds, indices, commodities, and cryptocurrencies.

The minimum deposit limit is $10. You can open both micro and STP accounts with fxopen using the minimum deposit amount.

Zulu trade is a social trading platform. Besides regular trading, zulu trade allows traders to copy trade from selected professional traders.
The trades are executed automatically but you can control the trade volume, risk management, and can take over full control of your trading activities at anytime you want.

Yes. Fxopen offers a cryptocurrency account, specially designed to trade all the major cryptocurrencies at a low cost including bitcoin, litecoin, ethereum, bitcoin cash, and many more. You can also access to crypto market using other accounts of this broker.

As an fxopen client, you’ll enjoy leverages up to 1:500. It allows traders to trade bigger volumes then usually they could with limited capitals.

Usually, it takes up to 3 business days for withdrawals through debit/credit cards and wire transfers. For electronic payments, it takes only one business day to process the payment.

Withdrawal costs vary depending on withdrawal methods. For withdrawals through bank wire transfer and SEPA transfer, it costs around $45 per transaction. If you are using credit/debit cards & china unionpay, it costs 2% to 3.5% of your total withdrawal amount plus 3.5 EUR as a fixed charge.
For withdrawals via electronic payment systems like webmoney, QIWI wallet, yandex money, neteller, perfect money, fasapay, and skrill, a 0.8% to 1% fee is applied to the total withdrawal amount. However, the broker does not charge any fee for the withdrawals made using fxopen prepaid cards.

Fxopen markets limited is owned by fxopen AU pty ltd, an australia based company registered in nevis.

Fxopen is a legitimate broker that offers multiple trading platforms, transaction options, and a wide range of trading assets for its clients. According to our in-depth review, fxopen is a good broker to trade with.

Bottom line

Fxopen offers an excellent selection of trading platforms, tools, incentives, and customer support. Besides, it provides great flexibility in deposit and withdrawal by offering multiple transaction methods. Competitive spreads, commissions and trading fees are some special advantages of this broker.

Since fxopen started as a financial broker, it has been upgrading its trading systems, organizational infrastructures, and customer-friendly features on a continuous basis.

This broker believes they are able to provide an ideal trading atmosphere for its clients and ready to claim themselves as one of the top financial brokers among other competitors.

So, let's see, what was the most valuable thing of this article: fxopen forex broker - unique combination of retail micro, mini, standard forex trading and true ECN marketplace trading with level 2 quotes on metatrader 4. At fxopen minimum deposit