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
Very good broker I'm trading with them from 5 months .Good execution without sleeps But spread increased last month from 0.2 to 0.4-0.5
Overall
Dear ahmedfouad,
A Stop Loss is a market order, which is executed at the first available price in the market. In January 2015, during the situation you`re referring to, CHF pairs had low liquidity. Thus, orders were executed at the prices available at that moment.
Regards,
FXOpen
Overall
So far so good.
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Ecn is account low spreads.😳
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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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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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 😉
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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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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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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?
Overall
trading is not easy. take it easy bro... #tradingoragampangbro
Overall
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.
Overall
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.
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I find it difficult to follow now, here I read some negative post about this broker, and now I have left the doubt.
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Hi there, according to what u have complaint,
kindly show us the proof such as the history of chatting between u and them, your statement regarding your trades
I wish to trust you, but not relying on the pure "words" like abusing.
Thanks.
Overall
WARNING - MUST TO READ ABOUT THIS BROKER'S INTERNAL REGULATION !!!
If you keep your money in this broker's account under U$50 (let's say U$49.xx) and if you don't log in to your account for 3 months, then they put your account into inactive and archive status. That means your money is confiscated by this BROKER by their internal regulation called "void & inactive account fee". Whatever the money left in your account less than U$50 and if don't log in to your account for 3 months, they confiscate your money. I just knew it and lost my small amount of money left in this broker's old account. BE CAREFUL ABOUT THIS BROKER!!
