FXOpen

Written by How we review

FXOpen is a well-regarded forex and CFD broker that provides broad market access via popular trading platforms with transparent pricing. The FXOpen forex broker offers multiple account types and supports both manual and automated trading, with product availability subject to regional regulations.
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Key facts

7.6/10
Our rating
#123
Trust rank
2005
Founded
3
Licences
234
Countries accepted
HeadquartersUnited Kingdom
Broker typeECN, STP
RegulationASIC; FCA; CySEC
PlatformsMT4, MT5, Proprietary, TradingView
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, Metals
Fee levelLow

Updated

Pros

  • • True ECN execution with tight raw spreads
  • • MT4/MT5 and TickTrader with Level II DOM
  • • PAMM/MAM copy trading accounts
  • • Extensive crypto CFD markets
  • • Micro accounts and low minimum deposits

    • Cons

  • • Offshore entity (Nevis) for some clients; weaker investor protection
  • • No guaranteed stop-loss orders (GSLO)
  • • Negative balance protection not universal across entities
  • • Limited product range (CFD-only; no real stocks/ETFs)
  • • Not available to U.S. residents

    • Key Features

  • • ECN and STP accounts with market execution
  • • MT4 MT5 and TickTrader platforms with algorithmic trading
  • • PAMM and copy trading solutions
  • • Forex crypto indices commodities and share CFDs
  • • VPS hosting and FIX API connectivity
  • • Segregated client funds and negative balance protection

    • Similar Brokers

    Where This Broker Ranks

    FXOpen is not in the top 10 for any country or territory we rank yet. Each list shows the ten highest-rated brokers that accept clients there. How we rate brokers · All rankings by country

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

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    Frequently Asked Questions

    You sign up with a regional FXOpen entity. Each entity is supervised by local authorities. Client money is kept in segregated accounts, separate from company funds, where rules require it. Some entities offer negative balance protection. Protections and disclosures vary by your country and account type. Review the entity details, terms, and risk notice before you open an account. This is general information only and not financial, legal, or investment advice.

    You can trade major and minor currency pairs, plus CFDs on indices, commodities, precious metals, energies, and selected shares. Some entities also list crypto CFDs. The full list, contract specs, and trading hours vary by region and platform. Margin rules, product availability, and restrictions depend on your account type and local laws. Check the product schedule and terms in your client area before you place an order. This is general information only.

    FXOpen supports popular third‐party platforms for desktop, web, and mobile, and may offer its own platform in some regions. You get charts, technical indicators, one‐click trading, and automated strategies where the platform allows it. You can use a demo to test tools before live use. Platform choice, plugins, and API access vary by entity and account type. Review the platform list on the broker's site and your account documents. General information only.

    FXOpen provides several account types, including spread‐only and commission‐based options. Swap‐free accounts may be available on request. Minimums, base currencies, and execution features vary by region. Pricing includes spreads, possible commissions, and overnight financing on leveraged positions. You may also see conversion costs, inactivity fees, or third‐party payment charges. Check the fee schedule, product specs, and terms for your chosen entity before you trade. This is general information only.

    You can fund and withdraw by bank transfer, cards, and supported e‐wallets, depending on your country. Processing times and limits vary by method and entity. The account name must match your trading account name. You may need to verify your identity and source of funds before transfers. Third‐party fees can apply. FXOpen does not process payments to or from third parties. Review the funding page and your client area for current options. General information only.

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