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
Overall
Old Broker, good execution good connection, hi comissions in ecn acount under 1k, the spreads are not the best´s and have some spykes (big) not everything can be perfect. Good trades.
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much bad information about this broker
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Issue resolved...it was temporary..
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Unlike other brokers, I am not getting daily automatic statements to my email ,,, Does anybody else have the same issue? Or it's only me..?
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We can ask them, maybe they will add them later on
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The draw back is they do not have indices like most other brokers started to offer trading on indices, eg Hang Seng, Nikkei, S&P, Nasdaq, Dax etc.
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The world's best broker!
I'm trading account ECN, fast & excellent performance, smoothly and without delays. Deposits and Withdrawals within a minute without delays.
And of course, Great customer servise, in an instant Chat support.
One of best spread's on the market, very best for scalping.
Keep it! FXOpen 😉
Overall
Dear All,
I wish to be fair to FXOpen in respect of their spreads and the platform freezing problems I was having a few months ago.
Over the past few months I have seen much improvement - especially in the area of 'platform freezing' - this is on the whole now quite diminished and much improved - I am glad to say!
I will, of course, continue to monitor the situation and report accordingly if things change.
However, as of now, I can confirm the significant improvement.
Keep up the good work in this area FXOpen!
Overall
During last 6 years I traded in 20+ brokers including Interactive Brokers, Pepperstone, RVD, Alpari, Exness, FXCM, FXOpen, ICMarkets. And I found FXOpen is one of the most the transparent FX retail brokers with great trading condition excluded IB as they provide stocks, futures and other derivatives. I met a lot of non transparent activities in other FX companies, but FXO is great and glad to share my experience for others. Cause it's a really a big deal to find out the true stories about trading. There are a lot of news wars/ fake reviews and deceiving ads.
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Propaganda BS.
You get commission for writing positive stuff about them or what? When i check your myfxbook history i just can see fopen and ic markets propaganda.
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I've been with FxOpen since 2008 and have never had a problem. Its platform is reliable and the support is excellent. Excellent Broker , highly recommend it.
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FXOpen is one of the largest and professional retail FX broker ever. 10+ years reputation / one of the best trading condition: tightest spreads with advanced market depth for HFT and Position traders/ fast execution/ trading on ECN not STP or MM model / interaction with largest Liquidity Providers.
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Been already a while. You've succeed withdrawal your money?
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I am currently trying to action a withdrawal of about 50k, first attempt has been rejected, im trying again... will let everyone know if I succeed,
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Platform completely frozen again!!
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Yes same experience here with FX Open STP unfortunately these past few months - Spreads are getting worse - most notable near news announcements (even minor or moderate news!) and the spread is becoming noncompetitive against other ECN/ STP brokers.
Whats now of even greater concern and annoying is that during most news events (even moderate and minor news and of course major news announcements) the platform completely freezes and renders trading impossible - They claim they are ECN/ STP but recently are acting more like a poor market maker in my experience!!
What is the problem with you FXOpen? Why is this happening? Why do you need to freeze the platform 'IF' you have a price feed from the major banks?
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trading is not easy. take it easy bro... #tradingoragampangbro
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Up until the end of 2014, FX Open have been very good in every way especially their tight spreads. However, since the new year their spreads have become increasingly uncompetitive compared to similar ECN brokers. We will see if they are able to return to the competitive spreads they have been able to maintain for several years now. Helpful broker.
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Hi, i'm now a customer for over a year and never had a problem so far.
I have 3 micro accounts, 1 ECN and 1 Crypto account and its all great. The only thing i noticed is, that sometimes in the asian session the execution time can be a bit slow.
But no problem with withdrawals (~9000$).
I only contacted the support once with a simple question, but the support lady was very friendly and helpful.
So from my point of view, i cant say anything about fxopen being a scam...
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Hi, I'm going to try a demo to start.
