FXOpen Reviews and User Ratings

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FXOpen Special Bonus


Special Bonus

No Deposit Bonus for Crypto accounts - 10USD

No Deposit Bonus for STP accounts - 10 USD

Welcome Bonus for Micro accounts - 1 USD

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FXOpen General Information


Broker Name
FXOpen
Established
2005
Country
New Zealand
Min Deposit
$1
Max Leverage
1:500
Regulation
FCA, FSPR, AFSL
Email
info@fxopen.com
Telephone
+649801 0123 (New Zealand)
Fax
1 925 476 7795
Website Language
English, Chinese, Russian, Spanish, Arabic, Dutch, Portuguese, Indonesian
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Bank Transfer, Epayza, Perfect Money, Bitcoin, Yandex Money, Qiwi, Liqpay, WebMoney, Skrill, Neteller, CashU, FasaPay, China Union Pay, Litecoin, Namecoin, WalletOne, Intellect Money, RBK Money, Dengi Online, DixiPay
Withdraw Options
Credit Cards, Debit Cards, Bank Transfer, Epayza, Perfect Money, Bitcoin, Qiwi, WebMoney, Skrill, Neteller, CashU, FasaPay, China Union Pay, Litecoin, Namecoin, DixiPay

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Description


FXOpen Background

FXOpen is among the world’s leading Forex brokers. Started in New Zealand in 2005 as an educational center for technical analysis of stocks and Forex, the company moved its registered head office to Auckland in 2011 to take advantage of the financial regulatory regime and now boasts offices in Paris, Kuala Lumpur, Jakarta, and more. The company offers lots of value to clients and has moved to the forefront of the retail Forex industry based on excellent service. FXOpen has an eye-catching website with news streaming and comprehensive information available. They provide an extensive educational section for Forex education and analytics, trading platform information, and training about Electronic Communications Network (ECN) training.  Bonuses are available when opening Standard and Micro accounts.

Features of FXOpen

FXOpen uses the MetaTrader 4 desktop and mobile platforms. With this reliable platform and their long-running trade volume, FXOpen is a reliable dealer. They offer PAMM accounts for new forex traders who prefer to have their trading accounts managed. Their standard account has 28 currency pairs as well as gold and silver. The contact section of the website is exceptionally well organized, offering email addresses for different departments of the support office with different areas of expertise.  You can also contact them through phone, Skype, ICQ or a website form with a Call-Back option. Customer service is available during normal FX trading hours.

Conclusion

All in all, FXOpen is a flexible, reliable site with an impressive amount of education available and a reputation for quality service. They’re a good option for anyone wanting to start trading with little risk.

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Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
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Pros and Cons


PROS:
  • FXOpen uses a well-known, reliable platform that is exceptionally stable.
  • Accounts can be started with as little as $1, meaning you don’t have to risk lots of money to start trading, and the deposit process is quite simple.
CONS:
  • On the downside, FXOpen is not available for traders who are U.S. citizens or residents.
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Account Type


  • Minimum Account Size: $1
  • Spread: Low/ Fixed
  • Trading Instruments: Forex, Gold
  • Trading Platforms: MT4, Mobile Trading
  • Margin Call Level: 20%
  • Stop-Out Level: 10%

  • Minimum Account Size: $25
  • Spread: Low/ Fixed
  • Trading Instruments: Forex, Gold
  • Trading Platforms: MT4, Mobile Trading
  • Margin Call Level: 20%
  • Stop-Out Level: 10%

  • Minimum Account Size: $100
  • Spread: Low/ Fixed
  • Trading Instruments: Forex, Gold
  • Trading Platforms: MT4, Mobile Trading
  • Margin Call Level: 100%
  • Stop-Out Level: 50%

  • Minimum Account Size: $10
  • Spread: Low/ Fixed
  • Trading Instruments: Forex, Gold
  • Trading Platforms: MT4, Mobile Trading
  • Margin Call Level: 30%
  • Stop-Out Level: 15%

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FXOpen Review Score


FXOpen Reviews and User Ratings
8.7 Total Score
6 reviews
Add your review
Web Design
8.8
Reliability
8.8
Platform
8.6
Customer Support
8.6
Withdrawal
8.8
Broker Name
FXOpen
Established
2005
Country
New Zealand
Min Deposit
$1
Max Leverage
1:500
Regulation
FCA, FSPR, AFSL
Email
info@fxopen.com
Telephone
+649801 0123 (New Zealand)
Fax
1 925 476 7795
Website Language
English, Chinese, Russian, Spanish, Arabic, Dutch, Portuguese, Indonesian
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Bank Transfer, Epayza, Perfect Money, Bitcoin, Yandex Money, Qiwi, Liqpay, WebMoney, Skrill, Neteller, CashU, FasaPay, China Union Pay, Litecoin, Namecoin, WalletOne, Intellect Money, RBK Money, Dengi Online, DixiPay
Withdraw Options
Credit Cards, Debit Cards, Bank Transfer, Epayza, Perfect Money, Bitcoin, Qiwi, WebMoney, Skrill, Neteller, CashU, FasaPay, China Union Pay, Litecoin, Namecoin, DixiPay
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
FXOpen Reviews and User Ratings
8.7 Total Score
6 reviews
Add your review
Web Design
8.8
Reliability
8.8
Platform
8.6
Customer Support
8.6
Withdrawal
8.8

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6 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    Duncan Grey
    February 21, 2016 at 2:00 pm
    5
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    100
    Withdrawal
    100

    Have you ever found a site that allowed you start up a trading account for $1? How about a Forex dealer that also allowed trading in silver and gold? What about forex trader that allowed you to deposit and withdraw from credit cards, debit cards, JCB and Money Bookers? If you’ve been constantly searching for perks like these, look no further because FXOpen has answered your prayers

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  2. Reply
    Marie de Chavez
    December 18, 2015 at 12:00 pm
    5
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    100
    Withdrawal
    100

    Well-established, that’s simply the best thing to say about FXOpen. The fact that it’s one of the largest Forex dealers on the market right now tells you that traders from around the world are utilizing their service. In addition, I find that having physical offices around the world such as in Paris and Kuala Lampur just signaled to me that FXOpen is completely trustworthy.

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  3. Reply
    Myra Jones
    June 6, 2015 at 7:50 am
    4
    Web Design
    70
    Reliability
    80
    Platform
    80
    Customer Support
    80
    Withdrawal
    90

    The fact that FXOpen is one of the largest Forex brokers in the world tells me that they indeed have a highly-respectable institution already. I just find that they lack the innovations of other trade brokers. I admit don’t fix what isn’t broken applies here, but still increasing their available platforms would make FXOpen move from great to excellent.

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  4. Reply
    Don Joe Cruz
    December 24, 2014 at 10:00 am
    5
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    100
    Withdrawal
    100

    What I like about FXOpen is that it is very reliable in the sense that you’ll know the Forex broker isn’t just going to crash over your head in the near future. The stability as well as the number of trades and deals executed ensures you that as long as your business sense is good then you can continue to rely on FXOpen.

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  5. Reply
    Michael Thompson
    June 23, 2014 at 8:48 am
    5
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    100
    Withdrawal
    100

    If you are looking to make Profits from Forex trading then ECN trading is going to help you.

    Because as a ECN trader you get to trade with the lowest Spreads and Fast execution of your orders.

    Also there is no limit on the trading and this is why i am doing my trades with the ECN account of FxOpen.

    With 5 years i have made lot of trades and they have both the STP and the ECN technologies for traders.

    Personal Recommendation

    I will Recommend FxOpen to those who are serious about making Profits.

    Helpful(0) Unhelpful(0)You have already voted this
  6. Reply
    The AngryAmerican
    April 30, 2014 at 8:00 am
    2.3
    Web Design
    60
    Reliability
    50
    Platform
    40
    Customer Support
    40
    Withdrawal
    40

    Well I have been trading for some time now and after an incident with my previous forex broker I decided to move on and find a new one. A fellow trader recommended FXOpen so I tried it out. Lo and Behold, Americans aren’t allowed to trade with FXOpen. What kind of dealer who considers themselves one of the largest in the world, not allow Americans to trade?

    Helpful(0) Unhelpful(0)You have already voted this

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