Broker Details
| Minimum Trade Size: | 0.01 |
|---|
| Maximum Leverage: | 500:1 |
|---|
| Minimum to Open Live: | $1 |
|---|
| Established: | 2005 |
| Address: | P.O. Box 590, Springates East, Government Road, Charlestown, Saint Kitts And Nevis |
| Contact: | sales@fxopen.com, +7-499-346-0960 |
| Regional offices: | |
| Regulators: | |
| Prohibited countries: |
| Trading platforms: | MT4, MT5, WebTrader |
| Web Trading: | Yes |
| Mobile Trading: | Yes |
| ECN: | Yes |
| Currencies: | (50+) |
| Cryptocurrencies: | (40+) Bitcoin, Litecoin, Ethereum |
| CFD: | (15+) Gold, Silver, Stock Indexes, Oil |
| EAs/Robots: | Yes |
| News Spike Trading: | Yes |
| Scalping: | Yes |
| PAMM: | Yes |
| ZuluTrade: | Yes |
| Deposit Methods: | Bank Wire, VISA, MasterCard, ePayments, FasaPay, IntellectMoney, JCB, Local Bank Transfers, Maestro, Neteller, PayToday, PerfectMoney, Poli, Qiwi, RBK Money, Skrill, UnionPay, WebMoney, Yandex Money |
| Withdrawal Methods: | Bank Wire, VISA, MasterCard, ePayments, JCB, Local Bank Transfers, Maestro |
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Traders Reviews
Best trade execution speeds
Service use: Live
Length of use: over 1 Year
I'm very satisfied with my trading at FxOpen, as the spreads in this broker are low, the execution of the trades is fast with no rejection of orders, and the best is that I can use EAs in my trading. All my withdrawals get processed fast as well, so I can recommend this broker.
scam
Service use: Other
Length of use: 0-3 Months
i have sell xauusd from 1741.0 and going down to 1717.xx and sl at 1734 means in profit but you close my position in minus close at 1754 are you mad you are such big scammer and gold also not go there 1754 where he close my position
Dear MB063,
Please give us your email or trading account number to look into this situation closely.
We are not scammers and take our obligations very seriously.
Over the 15 years of its existence, FXOpen has never committed fraud against its clients. Instead of blaming us maybe you should contact our trading or support team first to support@fxopen.com
Best regards,
the FXOpen team
FPA REVIEW MODERATION TEAM NOTE: If you look above this review while you are logged in, you should be able to see where MB063 provided the account number.
Please give us your email or trading account number to look into this situation closely.
We are not scammers and take our obligations very seriously.
Over the 15 years of its existence, FXOpen has never committed fraud against its clients. Instead of blaming us maybe you should contact our trading or support team first to support@fxopen.com
Best regards,
the FXOpen team
FPA REVIEW MODERATION TEAM NOTE: If you look above this review while you are logged in, you should be able to see where MB063 provided the account number.
they play against the investor, lost $1.000
Service use: Live
Length of use: 0-3 Months
They changed my leverage and reduced to 1:1 reducing my margin exposure so they could make margin call on my account. They switched back to 500:1 when the price was going negative and few second back to 1:20 back and forward so i dont notice the change... i have screenshot of such behaviour. Stay away they are using the Virtual Dealer plugin to play against the client.
STAY AWAY, i deposited $4.000 and lost $1.000 could have been worst if didnt close the position... a position that should have been turned into profit but after 1 month of getting profit they decided to bankrupt my balance.... what a shame of broker.
STAY AWAY, i deposited $4.000 and lost $1.000 could have been worst if didnt close the position... a position that should have been turned into profit but after 1 month of getting profit they decided to bankrupt my balance.... what a shame of broker.
1 trader has found this review helpful
Dear csa1234,
Please give us your email or trading account number to look into this situation.
We are not scammers and take our obligations very seriously.
Over the 15 years of its existence, FXOpen has never committed fraud against its clients. Instead of blaming us maybe you should contact our trading or support team first to support@fxopen.com
Best regards,
the FXOpen team
Please give us your email or trading account number to look into this situation.
We are not scammers and take our obligations very seriously.
Over the 15 years of its existence, FXOpen has never committed fraud against its clients. Instead of blaming us maybe you should contact our trading or support team first to support@fxopen.com
Best regards,
the FXOpen team
Horrible as expected
Length of use: 3-6 Months
They will play every trick in the book against you.. Period. Trust me. Stay far away. form them.
1 trader has found this review helpful
Dear Ramy,
Please give us your email or trading account number to look into this situation.
Provide us with any evidence concerning your review. We are not scammers and take our obligations very seriously.
Instead of blaming us maybe you should contact our support team first to ашпгку the things out to support@fxopen.com
Best regards,
the FXOpen team
Please give us your email or trading account number to look into this situation.
Provide us with any evidence concerning your review. We are not scammers and take our obligations very seriously.
Instead of blaming us maybe you should contact our support team first to ашпгку the things out to support@fxopen.com
Best regards,
the FXOpen team
Withdrawal option in Malaysia is limited
Service use: Live
Length of use: over 1 Year
I have been using Fxopen for more than 5 years. However, something changed recently.
Local bank withdrawal, Skrill, Neteller... All good withdrawal options are not available for me anymore. I asked the CSR and he is not helpful and responsive. He just gave an answer like it is not available in Malaysia anymore. Fxopen also does not send out any notification email regarding the cancellation of withdrawal methods.
Local bank withdrawal, Skrill, Neteller... All good withdrawal options are not available for me anymore. I asked the CSR and he is not helpful and responsive. He just gave an answer like it is not available in Malaysia anymore. Fxopen also does not send out any notification email regarding the cancellation of withdrawal methods.
Jan,
Thank you for your comment. Please, contact us at contact@fxopen.com.
Best regards,
FXOpen team
Thank you for your comment. Please, contact us at contact@fxopen.com.
Best regards,
FXOpen team
Don't put your money in here they are very terrible broker
Service use: Live
Length of use: 0-3 Months
My money always deducted with huge fees. Very terrible service support. Can't even get my withdraw fund they even deducted it because they told me it was not my money. Bull****
1 trader has found this review helpful
Stephanie123,
Please, send us your email or ewallet number. FXOpen has never committed fraud against its clients. Instead of blaming us in withdraw refusal, maybe you should contact our support team first.
Best regards,
FXOpen team
Please, send us your email or ewallet number. FXOpen has never committed fraud against its clients. Instead of blaming us in withdraw refusal, maybe you should contact our support team first.
Best regards,
FXOpen team
Stay away from this broker
Service use: Live
Length of use: 0-3 Months
encounter 2 real situations with this broker.
1) generated an invoice for payment, however was rejected as the SWIFT code provided was accepted at my local counter party. Subsequent to that, I use my virtual credit card for funding. FXopen finance department then disputed that the credit name is different from the legal owner name. Submitted my bank statement showing the credit card number and name but was also rejected as FXopen wanted a copy of the front and back of credit card with signature on it. SERIOUSLY??? AFTER EXPLANATION OF A DIGITAL CREDIT CARD!?!?!?
2) Cancelled by dealer on AUD/CAD pair 11 Jul 19. Reason given was not enough liquidity over liquidity providers. Prices was tested during London/US trading hours and volume was in the upper quartile of daily trading range. No major news HOW IS IT THAT THERE IS LIQUIDITY BY LIQUIDITY PROVIDERS?!?! FXOPEN INTEREST IS NOT WITH CLIENT BUT LIQUIDITY PROVIDERS??
For the above reasons, please stay away from credit card funding from this broker. Do not place any form of limit and stop trades as they do not honor their execution professionally.
1) generated an invoice for payment, however was rejected as the SWIFT code provided was accepted at my local counter party. Subsequent to that, I use my virtual credit card for funding. FXopen finance department then disputed that the credit name is different from the legal owner name. Submitted my bank statement showing the credit card number and name but was also rejected as FXopen wanted a copy of the front and back of credit card with signature on it. SERIOUSLY??? AFTER EXPLANATION OF A DIGITAL CREDIT CARD!?!?!?
2) Cancelled by dealer on AUD/CAD pair 11 Jul 19. Reason given was not enough liquidity over liquidity providers. Prices was tested during London/US trading hours and volume was in the upper quartile of daily trading range. No major news HOW IS IT THAT THERE IS LIQUIDITY BY LIQUIDITY PROVIDERS?!?! FXOPEN INTEREST IS NOT WITH CLIENT BUT LIQUIDITY PROVIDERS??
For the above reasons, please stay away from credit card funding from this broker. Do not place any form of limit and stop trades as they do not honor their execution professionally.
Hello, thank you for your comment, AKHOO. To check your case, we need your email or ewallet number. Please, send it on contact@fxopen.com.
ONE OF THE BEST IN THE WORLD
GREAT , GREAT FOREX BROKER. ONE OF THE BEST OF THE WORLD, SURELY. PEERLESS CONDITIONS FOR TRADER, DO FXOPEN A BROKER FOR LONG TERM INVESTMENT...
1 trader has found this review helpful
Broker with good trading conditions. Many stocks and bonuses. I have been trading with this broker for more than 7 years
2 traders have found this review helpful
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Frequently Asked Questions
Is FXOpen regulated?
FXOpen consists of a group of companies, which through its subsidiaries is regulated in 3 jurisdictions.
- FXOpen Markets Limited operates through fxopen.com, is registered in Nevis under the company No. C 42235, and a member of The Financial Commission.
- FXOpen UK a trading name of FXOpen Ltd operates through fxopen.co.uk, is authorised and regulated by the Financial Conduct Authority under FCA 579202.
- FXOpen AU Pty Ltd operates through fxopen.com.au, is authorised and regulated by the Australian Securities & Investments Commission (ASIC), under AFSL 412871.
Is FXOpen a good broker?
Unbiased traders reviews on ForexPeaceArmy is the best way to answer if FXOpen is a good broker. https://www.forexpeacearmy.com/forex-reviews/2943/fxopen-forex-brokers
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
Additionally, we'd recommend to check recent FXOpen community discussions: https://www.forexpeacearmy.com/community/tags/fxopen/
What is the minimum deposit for FXOpen?
The minimum deposit for FXOpen varies depending on the account types.
- Micro account: the minimum is $1
- STP account: the minimum is $10
- ECN account: the minimum is $100
What is the leverage levels for FXOpen ECN?
Leverage levels available for FXOpen ECN accounts are as following:
- 1:1 - 1:500 for accounts from $100 up to $25,000
- 1:1 - 1:200 for accounts from $25,000 up to $100,000
- 1:1 - 1:100 for accounts from $100,000 up to $1,000,000
- Negotiable over $1,000,000
Service use: Live
Length of use: Have not used
miss understanding betwen me and company
deposite is done
thnkas
Jul 10, 2020 - 1 Star this company is worst forex They stole my deposit deposite 4.73etherum==+-1150$ after deposite they ask for satement and applaction for money laundry after i told him i cant make statment from my exchanger (Yobit.net)(there is no download option statement in Yobit.net and i have 78 pages) they told me fxopen refund money for sender(first time i hear is refund in cryptocurency) and fxopen told me my ether is refund i ask him for days send me hash id that i can told exchanger and try to restor my ether no one answer for hash
after month fxopen refund etherum to diffrent address
https://etherscan.io/address/0xb3ccb1ca7ab8b1ee58c292b940f6bab8c0e82708
ticket no1448592