FXOpen Markets Limited
FXOpen is one of the largest Forex brokers in the world enjoying unprecedented client base growth due to innovative, unique services, reliable trading conditions, and strong customer support principles.
FXOpen offers different types of accounts for traders with different trading styles, objectives, starting capital, experience and skills:
- ECN accounts
- STP accounts
- PAMM accounts (PAMM ECN and PAMM STP)
- Micro accounts
- Crypto accounts (to trade Bitcoin, Litecoin, and Namecoin)
FXOpen offers an ECN-integrated MT4 trading platform, compatible with algorithmic trading.
FXOpen keeps to a no dealing desk (NDD) business model using liquidity of major banks, hedge funds, and other financial organizations. The company’s customers are allowed trading directly in the interbank market (also referred to as direct market access or DMA). NDD model enables leverage speculations and sets no restriction on application of trading strategies.
The company supports e-Sports and helps to organize and promote the FXOpen Path of Ascension and similar e-Sports championships. FXOpen has its own StarCraft II professional team. FXOpen sponsored the StarCraft II championship winning team in the 1st Hong Kong e-Sports Tournament.
The company is a sponsor of motorsports activities, in particular, drifting.
The company organizes and promotes regional Forex championships in the framework of the ForexCup project. The Championships were held in China, Russia, and Ukraine.
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FXOpen Markets Limited
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hhe no , as I said I'm testing them ... if you prefer I delete this name from my posts ( if your are fxopen rapresentative😉 or from myfxbook team ..)
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This morning I re-opent MT4 fxopen active trades ... try to trade ... fxopen again connected
but don't execute orders --activetrades as any other broker .. execute.
" but when things break-down (as they always do) in DEMO it's NOT first priority."
Yes true, but why yesterday , today any hour ..the things break down ? ... good broker? 😲 non this isn't the "point" .. nothing break down ..only bad servers.
So if you have money to lose for a REAL test try fxopen ..otherwise stay away.( THE difference beetween actvetrade-fxopen results at now is around 40pip)
hmmmm...are you from activetrades company ?? 😁
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About FxOpen (Live - Account for about 3 years):
Cant's say much about stability of MT4 - no issues with that, but.
requotes are a real problem
swap rates are way to high
costumer service ist way below decent quality
and worst of all:
they did not manage to make a withdrawal to my bank account in six (6 !!!) weeks. It's always a problem with their bank.
I try to close my account - but as long as they do not send me my money ...
my advice: hands off Fxopen
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Hi,
"Just a word of advice.. never judge a broker by their demo environment.. always judge by a LIVE environment."
.. yes it's obvious. But test in LIVE ENVIROMENT means that you can lose REAL MONEY if the broker is shit. So before, I must be convinced that they can run a demo server where everything is fake and there is no reason they should not work.
FXopen can't do that.
This morning I re-opent MT4 fxopen active trades ... try to trade ... fxopen again connected
but don't execute orders --activetrades as any other broker .. execute.
" but when things break-down (as they always do) in DEMO it's NOT first priority."
Yes true, but why yesterday , today any hour ..the things break down ? ... good broker? 😲 non this isn't the "point" .. nothing break down ..only bad servers.
So if you have money to lose for a REAL test try fxopen ..otherwise stay away.( THE difference beetween actvetrade-fxopen results at now is around 40pip)
I have posted comment about this test only because this test surprised me ..it's the first time in 10 years that I find a so extreme bad demo mt4 ..and now I can say that yesterday was not an exception .
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I hope you can find a broker that suite your need.........😄
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I think your assumptions are up-side-down. DEMO is never as good as REAL. When there is REAL money on the line the priority to resolving issues are much greater. In DEMO it's... well.... DEMO... so there is NO REAL money on the line. Sure they try to keep the services running well, but when things break-down (as they always do) in DEMO it's NOT first priority.
Just a word of advice.. never judge a broker by their demo environment.. always judge by a LIVE environment.
That being said, I use the ECN-LIVE and it has been one of the best experiences I've had using a Forex broker. The spreads are extremely tight, and the execution is top notch. I would recommend them to anyone who is looking for a good broker.
I do hope that they take the fight to the CFTC, as they may be the only ones in a position to do so.
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Yes was only 1 hour .. I never see a broker sccam o not scam with a so bad demo ..
Normally it is obvious that the performance demo servers are better than real ..
However the question isn' t the time.
FXOpen is probably the most honest and looks just as it is in reality ...In this way I could quickly decide that certainly do not want a broker that in 3 -4 hours refused market orders for 15-20 minutes.
Susan I'm sure for your trading FXOpen it's ok.
Today I am dedicated to the testing FXOpen, Activtrade ... the only that was often locked is FXOpen (locked is the wrong word ..because it simply not execute order or execute within 10 min ..but I need more speed), activtrades did not refuse any order( execution within 2seconds).(the same order in the same time)
Gooodbye &Good night (my test fxopen it's closed ... I don't understand how some one can use this broker for a demo contest ...but all in the forex world is possible)😲
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1 Hour Test on DEMO acc .............hmmmmm, Interesting.......🙄
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no no not this
this a closed operation.
they arbitrarily decided to close down my operation at the price of admission. They refused my orders of manual closing from 18:32 ...try retry r-retry ..They closed my operation at 18:42, avoid applying the stoploss... 10 mins ..very quick exectuion aat market price 😁
i read here that someone say they are good
.. may be, but not today not in demo ecn server
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FXOPEN.......you are my favorite broker, my first love....i saw you in 2005 when you website is so humble, still survive until now, look at you now......BIG and glamours.
You still the Best...............For me at least 😳
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if u mean the stop loss area become red.
i always see that, when my stop loss <= 10 pips ( 4 digits) from current Price
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after 10 years of trading, after testing many brokers, FXOpen ECN surprise me. when I active a demo account, usually all goes well, otherwise they will not convince you to open an account. FXOpen is honest: after 1 hour of use demo account I've seen things never seen in 10 years but they convince you immediately that they are scam . they are not brokers . FXOpen "broker" the worst ever seen in 10 years.
Just one example of hallucinatory things happened in 1 hour test:
http://screendash.com/15135
no spikes or other things .I try to close that position for several minutes but they don't want (why ????? it's a demo)
themselves have decided to close it at open price ... LOL 😁
ops they forgot stopps loss but this isn't a problem 😂
😁😁
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I use std. acc. fxopen . Pray this time I meet good broker. Till now all work good so far. Long time in the market catch a eye. Not everything is perfect but is not perfect at all at fx brokers. 8 of 10
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YEAH TOUAREG, IT HAPPEN THAT FXOPEN ONLY ALLOWED AS MIN AS 0.1LOT ONLY..
ABOUT YOUR LEVERAGE.. FXOPEN NOTE THAT LEVERAGE WILL CHANGE TO 1:100, JUST ALWAYS FOLLOW THE UPDATE ON THE SITE..
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HELLO TO SCARFACE,
YEAH, PLEASE SUBMIT ANY SCAM INFO YOU HAVE ON FXOPEN..HERE, NO PROBLEM WHATSOEVER, WITHDRAW IS FAST..
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Yes I meant:
1 std lot usually is 100,000 but on the micro 1 lot is 1,000 .. so 0.1 is 0.001 std lot = 100
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Are you sure you can trade 0.001 ..? 😱
My account only can trade 0.10 ( minimum lots ) ... 😐
Becarefful they just change my leverage from 1:500 to 1:100 without email notification, i don't know if you have that kind of experience 😈
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I tested now the "mico" account live.
Good thing is that you can trade 0.001 lots. really bad are the many requotes and at low volume and news the spreads widen up extremly. Actually at asia session the eur/aud has 30 Pips spread(!!!) EUR/USD 9 Pips.
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i'd like to try it someday..because many of my fellow citizen sharing withdrawal success story..
but i hope when that day comes, fxopen already regulated by some country..
since now, fxopen dont have regulation at-all..
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fxopen have official office in jakarta grand-indonesia building..
that means many indonesian trader there.. i hope fxopen dont make a scandal.. 🙄
