Operating since 2005, FXOpen understands the intricacies of forex and CFD trading, empowering you to navigate the market with confidence.
At FXOpen, all accounts operate the ECN model to connect traders directly to the interbank market. There is no intervention from FXOpen, ensuring a seamless trading experience free from dealing desks or requotes. You will enjoy lightning-fast execution and deep liquidity, which is particularly advantageous for scalping, high-frequency, and automated trading strategies.
FXOpen offers a comprehensive suite of features to enhance your trading experience. Our PAMM technology allows clients to leverage the strategies of seasoned traders with proven track records, ensuring automatic distribution of profits and losses between strategy providers and followers. Additionally, we welcome Islamic traders, providing SWAP-free accounts to facilitate forex trading in compliance with Sharia law.
In the FXOpen ECN, every participant, regardless of account size, enjoys equal rights in order execution. Moreover, all ECN members have the flexibility to function as both liquidity providers and receivers, fostering a truly fair and transparent trading environment.
Our business model, coupled with the technology underpinning the FXOpen ECN, ensures our clients access aggregated liquidity from diverse participants in the forex market. This setup empowers FXOpen’s clients to execute large volume orders seamlessly, benefiting from tight spreads from 0.0 pips and a highly liquid trading environment with market execution.
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BROKER INFORMATION
Broker Type | STP/ECN |
Company | FXOpen Markets Limited |
Foundation | 2005 |
Country | Nevis |
Regulation | The company No. C 42235. FXOpen INT is a member of The Financial Commission. |
Minimum Initial Deposit | $100 |
Account Base Currencies | USD, AUD, CHF, EUR, GBP, JPY, SGD, GLD* |
Account Deposit Methods | FasaPay, Volet, Online Banking, PAYPAID |
Account Withdrawal Methods | FasaPay, Volet, Online Banking, PAYPAID |
Live Chat | Yes |
| – Customer Support: support@fxopen.com – Trading Desk: trading.desk@fxopen.com | |
Call | Customer Support/Trading Desk: +64 9 801 0123 |
ADVANTAGES
Free Demo Account | Yes |
Spreads | Floating From 0.0 pips |
Execution Type | Market Execution |
Introducing Brokers Program | Yes |
Maximum Leverage | 1:1000 |
Stop Out/Margin Call | 50%/100% |
Swap Free | Yes (Islamic) |
Promotions | Yes |
PAMM | Yes |
Virtual Private Server | Yes |
Trading Platforms | MetaTrader 4, MetaTrader 5, FIX API |
Scalping | Yes |
Hedging | Yes |
Expert Advisors | Yes |
Products | Forex, Shares, ETFs, Commodities, Indices, Cryptos |
DISADVANTAGES
Restrictions | – FXOpen does not provide services for United States residents. – The information on this website is not intended to be addressed to the public of Belgium and Japan, or any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. |
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