FXopen review

About FXopen Broker

Fxopen is a FX and CFD‘s broker that was founded as an educational center offering courses in the field of technical analyses and financial markets and has been in existence since 2005. Fxopen is committed to provide excellent services worldwide.

Security

Fxopen provides our clients with full liquidity from multiple participants in the forex market and client‘s funds are held fully segregated from our company‘s funds in designated trust accounts registered with ADI. Fxopen is regulated by both the (FCA) and (ASIC) institutions.

Trading Platforms

FXopen offers the MetaTrader 4 and the MetaTrader 5 trading platforms. These platforms can be accessed via desktop, mobile devices and webtrader.

The MetaTrader 4 features includes

  • Manual trading
  • Automated trading
  • Charting
  • Analytics
  • MQL

The MetaTrader 5 features provides

  • Trading flexibility
  • Professional technical analysis
  • Fundamental analysis tools
  • Trading signals
  • Mobile trading
  • Web trading
  • Algorithmic trading
  • MetaTrader Market
  • Virtual hosting.
  • News streaming
  • Netting supported
  • Multi-threaded strategy tester
  • Built-in MT5 and MQL5 help guides

Mobile Trading

  • Place market and pending orders.
  • Analyze market trends with built-in technical indicators.
  • Use interactive charts.
  • View account history and statements, detailing your open trades and account balance.
  • Receive push notifications whenever important events occur.

Web Trading

  • Compatible with all operating systems
  • Supports all popular browsers
  • Familiar interface of MT4 Desktop
  • Reliable data protection
  • One click trading
  • Close by and multiple close by trade requests

Tools

  • One Click Trading and Level2 Plugin
  • Margin and Pip Value Calculator
  • Currency Exchange Rates
  • Commission Calculator

Accounts

Fxopen provides the Micro Account, STP account, ECN Account, Crypto and a Demo account.

Auto Trading

  • My fxbook
  • ZuluTrade
  • VPS

Costs

  • Fxopen offers competitive spreads from 0 pips.
  • Minimum deposit from $1.
  • Maximum leverage up to 1:500 to its traders.
  • Deposits and withdrawals can be done via bank wire transfers, debit/credit cards, electronic payments and prepaid cards.

Client Support

FXopen provides client support in different languages via live chat, email, phone, and at the main offices 24/5.

Regulation

Fxopen is authorized and regulated by the Australian Securities & Investments Commission (ASIC) and the Financial Conduct Authority (FCA).

Conclusion 

Fxopen provides a variety of trading accounts such as the Micro account, STP account, ECN account, Crypto account and a Demo account. Clients can trade on either the MetaTrader 4 or MetaTrader 5 trading platforms with fast and reliable payment methods guaranteed. Fxopen also ensures that high security features are in place and in accordance with financial institutions for client’s funds and offers top notch customer support to its clients 24/5 through various mediums.

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EditorialTeam
The Trader-Magazine.com EditorialTeam is a collective of certified financial analysts, active traders, and cryptocurrency experts. Our mission is to transform complex market data (forex, equities, indices) into accessible financial education. All content undergoes rigorous, multi-level fact-checking to ensure we deliver only accurate, objective information for your trading and investment decisions.

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