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Review FXOpen

Ly Duc Duy by Ly Duc Duy
September 9, 2024
in Review Brokers
0
FXOpen
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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.

Broker Logo

FXOpen 
BrokerInformation

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.

The Jurisdictions

– 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.

Live Chat

Yes

Email

– Customer Support: support@fxopen.com
– Trading Desk: trading.desk@fxopen.com

Call

Customer Support/Trading Desk: +64 9 801 0123
AccountInformation

Free Demo Accounts

Yes

Minimum Initial Deposit

$100

Multi-Currency Account

USD, AUD, CHF, EUR, GBP, JPY, SGD, GLD*

Spreads

Floating From 0.0 pips

Maximum Leverage

1:1000

Stop Out/Margin Call

50%/100%

Introducing Brokers Program

Yes

Swap Free

Yes (Islamic)

Promotions

Yes

Virtual Private Server

Yes

PAMM

Yes

Trading Platforms

 MetaTrader 4, MetaTrader 5, FIX API

Scalping

Yes

Hedging

Yes

Expert Advisors

Yes

Account Funding Methods

FasaPay, Volet, Online Banking, PAYPAID
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Ly Duc Duy

Ly Duc Duy

Ly Duc Duy is a Senior Broker Review Specialist with deep expertise in forex broker evaluation, trading conditions analysis, execution quality assessment, and rebate optimization strategies. He provides in-depth broker reviews and cost-efficiency insights, helping traders select reliable brokers and optimize their trading expenses.

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