FXOpen Review

Read our concise, full review on the pros and cons of FXOpen

Not available in United States

Written by Jason Peterson
Edited by David Johnson
Fact checked by Angelo Martins
Last updated August 2024
Advertising disclosure ⇾

FXOpen User reviews

3.7
(54 )
Ranked 90 out of 1740 (Forex Brokers)
This rating is based on 37 reviews by users that proved they are real customers of this company.All reviews undergo significant human and technical moderation.Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.
17 March 2025
Approved reviewer
Location: India
17 March 2025
5.0
Approved reviewer
I am observing and watching their all contests conducted. They are pure honest and polite reply from customer service too. If they comeup with as Propfirm even it is too nice. because they are conducting everyweek a contest. why i suggested to become Propfirm aswell means the prize money minimum they are $50 and more..so this way any one can purcahse minimum 10k account and trade comfortably. Any have at present they have all resources regarding choosing the right forex broker as well as Propfirm and conducting nice contest every week.
10 March 2025
Approved reviewer
Location: Nigeria
10 March 2025
5.0
Approved reviewer
I've been following their 'activities' for a good long while now. Their transparency needs to be studied💝
28 February 2025
Approved reviewer
Location: Algeria
28 February 2025
5.0
Approved reviewer
موقع مميز جدا

Translation:
Very special location

FXOpen Regulation / Money Protection

5.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
FXOpen AU PTY Ltd 30 : 1
FXOpen EU Ltd up to €20,000 30 : 1
FXOpen Ltd up to £85,000 30 : 1
FXOpen Markets Limited
St Kitts and Nevis
500 : 1

FXOpen Overall rating

4.1
Ranked 77 out of 1740 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
User rating3
Popularity
3.9
3
Regulation
5.0
2
Pricing rating
5.0
1
Features
Not rated
1
Customer Support
Not rated
1

FXOpen Profile

Company Name FXOpen Markets Limited,FXOpen AU PTY Ltd, FXOpen EU, Ltd FXOpen Ltd
Categories Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates
Primary Category Forex Brokers
Year Founded 2005
Headquarters St Kitts and Nevis
Office Locations Australia, St Kitts and Nevis, New Zealand, Russia, United Kingdom
Account Currency AUD, CHF, EUR, GBP, GLD, JPY, RUB, SGD, USD, BTC, LTC, ETC
Client funds bank ALFA-BANK
Support Languages Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Portuguese, Russian, Spanish, Thai, Turkish
Funding Methods Bank Wire, Bitcoin, Credit/Debit Card, FasaPay, Litecoin, Neteller, POLi, Webmoney, Local Bank Transfer, Bitcoin Cash, Ethereum, AdvCash, Tether (USDT)
Financial Instruments Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, ETFs
Prohibited Countries Iran, United States
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread

FXOpen Account types

  STP PAMM STP ECN PAMM ECN
Commission-From 1.5 to 5 units for ECN Accounts
Maximum leverage500:1100:1500:1100:1
Mobile PlatformMT4 Mobile, MT5 Mobile-MT4 Mobile, MT5 MobileMT4 Mobile
Trading platformMT4, MT5, WebTrader-MT4, MT5, WebTrader-
Spread TypeVariable Spread
Minimum Deposit10200100
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  STP
Maximum leverage 500:1
Typical Spread 1 - 1.2
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 10
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  PAMM STP
Maximum leverage 100:1
Typical Spread 1 - 1.2
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  ECN
Commission From 1.5 to 5 units for ECN Accounts
Maximum leverage 500:1
Typical Spread 0.0-0.4
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  PAMM ECN
Commission From 1.5 to 5 units for ECN Accounts
Maximum leverage 100:1
Typical Spread 0.0 - 0.4
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

FXOpen Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites
fxopen.com
Organic monthly visits 308,966 (99%)
Organic traffic rank 63 out of 1736 (Forex Brokers)
Paid monthly visits 1,942 (1%)
Total monthly visits 310,908
Bounce rate 56%
Pages per visit 2.15
Average visit duration 00:01:28.3790000

FXOpen Promotions