FXOpen Review

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FXOpen
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Overview

For FXOpen we can say that this is one of the largest forex dealers in the market. The forex broker is well-know and trusted by countless traders, all over the world. FXOpen is founded in 2003, as an educational project that helps traders by providing grouped

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Details

Broker FXOpen
Website URL www.fxopen.com
Founded 2005
Headquarters New Zealand
Support Number +64 9 801 0123
Support Types info@fxopen.com
Languages English, Spanish, French, Portuguese, Chinese Mandarin, Chinese Cantonese, Thai, Malay, Russian, Arabic, Hindi, Farsi, Indonesian, Georgian
Trading Platform MetaTrader4, PDA Mobile Forex Trading, Smartphone Mobile Forex Trading
Minimum 1st Deposit $1
Minimum Trade Amount 0.01 lots
Bonus Bonus for First Deposit
Leverage 1:100
Spread Fixed or Variable from 0,1 pip on the ECN accounts (commission apply)
Free Demo Account Yes
Regulated Yes
Regulation FSPR
Account Types Mini Account: minimum deposit: $1 minimum lot size: 0.001 lot max leverage: 1:500 Standart Account: minimum deposit: $25 minimum lot size: 1 lot max leverage: 1:500 ECN/STP Account: minimum deposit: $1000 minimum lot size: 1 lot max leverage: 1:500
Deposit Methods Bankwire, Local Deposit, Webmoney, Liberty Reserve, CashU, c-Gold
Withdrawal Methods Bankwire, Local Deposit, Webmoney, Liberty Reserve, CashU, c-Gold
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 3.6

Screenshots

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Full Review

For FXOpen we can say that this is one of the largest forex dealers in the market. The forex broker is well-know and trusted by countless traders, all over the world. FXOpen is founded in 2003, as an educational project that helps traders by providing grouped or individual forex lessons on technical analysis and security analysis.

 

FXOpen became a dealing provider in late 2005. In 2009 the broker was proud to state that clients can trade via the Electronic Communications Network (ECN) with a direct execution of orders on the basis of MetaTrader 4 terminal.

 

If you chose FXOpen so you need to know that you may be spoiled by their services starting from account types, of trading platforms,  of bonuses and promotions, of trading contests, of payment options, etc.

 

FXOpen gives a $1 welcome bonus on Micro account and $25 to Standard account. Existing traders can get a $100 bonus and they can withdraw it after 10 lots trading. In 2012 FXOpen gave $120,000 as prizes in 60+ demo tournaments.

 

For newcomers in forex field Micro account Isespecially suitable if you wish to find out what is real forex trading. You can start trading with Micro account you need to deposit just $1 and can be leveraged up top 1:500. You can choose Standard account if you know what forex trading is. And if you’re a pro then ECN account is best for you.

 

FXOpen is allowing scalping and hedging on all account types.

 

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