FXOpen
4.0 out of 5
ECN / Low fixed spreads
Experienced and helpful support
Daily technical research

FXOpen - General Information


Rebate Rates

Instruments

Account types

Micro

STP

ECN & Crypto

Currencies (FX)

USD 7.00 per                     round turn lot

USD 2.00 per                   round turn lot

10.00% of the commission paid per round turn lot

Metals

USD 5.00 per                standard lot

USD 1.00 pips per               standard lot

10.00% of the commission paid per standard lot

*The Rebates are calculated for one round turn lot (100,000 units) for Currencies, (100 oz) for Gold, (5,000 oz) for Silver and (1,000 bar) for Oil.

**FXOpen will not pay rebates for trades closed less than 4 pips so neither FxRebate.

***For other trading instruments rebate information please contact us at office@fxrebate.eu.

FXOpen Overview

FXOpen was the first Forex broker to offer its clients ECN trading via the Meta Trader 4 terminal. And with FXOpen's unique proprietary price aggregating technology our clients can benefit from the industry's most competitive spreads and low trading commissions. In addition, with our One Click Trading and Level 2 MT4 plug-in, traders can also place trades with just one click of the mouse.

In 2014 FXOpen continued to set the pace with its latest technologies and offered its retail and b2b clients Bitcoin trading.

Our clients can choose from a variety of trading accounts (STP, Micro, ECN and free unlimited demo accounts) and enhance their trading capabilities with Myfxbook and Zulutrade automated trading systems. FXOpen also offers its own PAMM technology allowing our clients to benefit from the strategies of experienced traders with a proven track record of successful trading and guarantees automatic distribution of profit and loss between the strategy provider and the strategy followers. We also welcome Islamic traders and let them take advantage of Forex trading without violating Sharia law by offering them SWAP free accounts.


FXOpen Details
Company Name FXOpen Markets Limited, FXOpen AU Pty Ltd, FXOpen Ltd
Country Australia
Year Open 2005
Headquarters Saint Kitts and Nevis
Offices Australia, Egypt, New Zealand, Russia, Saint Kitts and Nevis, United Kingdom
Employees 300+
License FinCom 42235
Regulation FinCom, FCA UK, ASIC
USA Clients No
Japanese Clients Yes
European Clients No
Canadian Clients No
Banned Countries
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Regulatory Agency
Agency The Financial Commission PLC
Short Name Fina Com
Country Hong Kong
Min Capitalization N/A
Government Enforced Segregated Accounts No
Description

Financial Commission (FinCom PLC) is the first, neutral, third party Dispute Resolution Organization that is dedicated specifically to Forex, and it operates in a way where transparency, swiftness, and education are the paramount values.

Financial Commission ensures that traders and brokers are getting their disputes resolved in a quick, efficient, unbiased and authentic manner, while making sure they walk away with a well-founded answer, thus contributing to their overall knowledge about Forex.

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Agency Australian Securities and Investments Commission
Short Name ASIC
Country Australia
Min Capitalization AUD 1,000,000
Government Enforced Segregated Accounts Yes
Description

ASIC is Australia’s corporate, markets and financial services regulator.

ASIC contribute to Australia’s economic reputation and wellbeing by ensuring that Australia’s financial markets are fair and transparent, supported by confident and informed investors and consumers.

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Agency Financial Conduct Authority UK
Short Name FCA UK
Country United Kingdom
Min Capitalization GBP 730,000
Government Enforced Segregated Accounts Yes
Description

FCA regulates the financial services industry in the UK.

We aim to make sure that financial markets work well so that consumers get a fair deal. This means ensuring that, the financial industry is run with integrity, firms provide consumers with appropriate products and services, and consumers can trust that firms have their best interests at heart.

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Account Options

Account Types Micro, STP, ECN MT4, ECN MT5, Crypto, FIX API
Min Deposit 10 USD
Max Leverage 500:1
Min Trade Size 0.01 Lots
Max Trade Size No limit
Spreads FXOpen Spreads
Spread Types Variable Spread
FX Pricing Decimals 5
Commission From USD 3.00 / round turn lot for ECN accounts
Rollover (Swaps) FXOpen Rollover (swaps)
Stop Out Level
VPS (Virtual Private Server) Yes

Trading Options
Execution Options STP / ECN
Instruments Forex, Metals, Commodity CFDs, Equity Index CFDs, Cryptocurrencies
OCO Orders No
Trailing Stops Yes
One Click Trading Yes
Scalping Allowed Yes
Hedging Allowed Yes
News Trading Allowed Yes
Expert Advisors Allowed Yes
Islamic Accounts Yes
Social Accounts No

Platforms Supported

Trading Platforms MT4, MT5, FXOpen WebTrader, Mobile
Mobile Support MT4/MT5/FXOpen Trader Android, MT4/MT5 iOS (iPhone/iPad)
Trading API Yes
Managed Accounts Featured No
MAMM/PAMM Platform Option Yes
MAMM/PAMM Leaderboard Yes
Trading Platform Time UTC + 03:00
Observe DST Change Yes
DST Change Timezone Eastern Standard Time (EST)
Non-expiring Demo Yes

Funding Information

Deposit Methods Neteller, Payza, Skrill, WebMoney, Bank Wire, Cryptocurrencies, Credit/ Debit Card, DixiPay, Fasapay, IntellectMoney, Perfect Money, QIWI, RBK Money, China Union Pay
Withdrawal Methods Neteller, Payza, Skrill, WebMoney, Bank Wire, Cryptocurrencies, Credit/ Debit Card, DixiPay, Fasapay, IntellectMoney, Perfect Money, QIWI, RBK Money, China Union Pay
Broker to Broker Transfer Yes
Account Currency EUR, USD, GBP, AUD, CHF, JPY, RUB, SGD, GOLD, mBTC
Client Funds Bank Alpha Bank, Baltikums Bank
Interest Bearing Accounts No
Government Enforced Segregated Accounts Yes


Trading Volume based cashback

Basically in this type, you’ll receive cashback based on your trading volume. Based on this, you’ll generate commission to your provider (broker, exchange, crypto exchange, etc.). Because you’re under the FxRebate affiliate network, we’ll receive a portion of this commission and share the majority of it with you. That’s how you earn money consistently, when you pay commission to your provider.

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Ratings

Client Popularity:

Competitive Costs:

Regulator Rating:

User Reviews Rating:

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FXOpen Customer Service

 24-hour support

 Languages: Arabic, Chinese, English, French, German, Malaysian, Portuguese, Russian, Spanish, Thai, Turkish

 Email, Phone, Live Chat

FXOpen Contact


Broker

Take advantage of FXOpen's promotions, receive real money bonuses and start Forex trading without making an initial deposit. For every account type there is a rebate to help you get started with live trading.

Welcome Bonus

Paid after the minimum deposit!

Amount: $1

Account: Micro

To receive this offer:

  • Register an FXOpen e-Wallet
  • Open a Micro trading account
  • Deposit $1 or more. Bonus is paid once to the first trading account.

Bonus withdrawal terms: You can withdraw the bonus after the total volume of closed trades in your account reaches 1000 microlots.

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No Deposit Bonus for STP accounts

Amount: $10

Account: STP

To receive this offer:
Register an FXOpen e-Wallet and open an STP trading account. Verify your account via SMS.

Bonus withdrawal terms: The bonus is paid once to your first trading account. You cannot withdraw the bonus, but you can withdraw any profit after trading a minimum of 2 lots.

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