ForexBrokersAZ.comSouth AfricaSouth Africa

FXOpen

FXOpen

FXOpen (FXOpen.com) provides 2 execution formats:

  • Its ECN account allows you to trade up to 49 currency pairs, gold and silver from 0 pips on leverage up to 1:500. Commissions fall to $1.8 per lot for net deposits over $50,000, and just $2.5 per lot otherwise. This accounts supports all trading strategies and Expert Advisors including scalping, news trading and automated trading.
    FXOpen works with over 14 liquidity providers including Bank of America, Barclays Capital, Citi, Currenex, Deutsche Bank, Dresdner, HOTSPOT INST, JPMorgan, LavaFX, Morgan Stanley, Societe Generale, Standard Chartered, RBS, UBS and others.
  • In addition, FXOpen offers Micro and Standard accounts with initial deposits as low as $1. These accounts allow you to trade up to 28 currency pairs on fixed spreads and small minimum trade sizes. FXOpen acts as a market maker across these accounts.

Awards

FXOpen was awarded the title of "Best Forex Broker Australasia" by World Finance in 2011. In 2012, its ECN MT4 trading platform was named the "Most Popular Product" at the 9th Shanghai Money Fair.

Regulation

FXOpen (FXOpen.com) is headquartered in Auckland, New Zealand, and regulated by the FCA in the UK and the AFSL in Australia. Client funds are held in segregated accounts.

Overview

  • Asset classes
  • Forex
  • Gold and Metals
  • Oil and Energy
  • Commodities
  • Stocks
  • Indices
  • Bonds
  • Securities
  • Forex CFDs
  • Forex Futures
  • Forex Options
  • Demo account
  • Has a demo?

Trading platforms

  • Trading platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • Currenex
  • ZuluTrade
  • Copy trading
  • Mirror trading
  • Web or PC
  • Software download
  • No download
  • Mac friendly
  • Apps
  • Android
  • iPad
  • iPhone

Funding Methods

  • Deposits & Withdrawals
  • Bank transfer
  • Credit card
  • Debit card
  • Alipay
  • Bitcoin
  • Boleto
  • CashU
  • China UnionPay
  • DixiPay
  • FasaPay
  • FilsPay
  • MoneyGram
  • MTS
  • NetBanx
  • NETELLER
  • OKPAY
  • PayCo
  • Payeer
  • PayPal
  • paysafecard
  • Paysbuy
  • Payza
  • Paxum
  • Perfect Money
  • Przelewy24
  • Qiwi Wallet
  • Skrill
  • SorexPay
  • Ukash
  • WebMoney
  • Western Union
  • Worldpay
  • Yandex Money

Company

  • Company information
  • Regulators
  • Segregated accounts

STP MT4 Account

Open account

ECN MT4 Account

Open account
ReviewNANA
PlatformsMT4MT4
ExecutionNDD, STP, DMANDD, STP, ECN, DMA
Cashback
SpreadsFloatingFloating
Min. deposit$NA$NA
5 decimals
Leverage (up to)NANA
Commission / lot$NA$NA
Min. trade size (lot)NANA
Max. trade size (lot)NANA
Max. open positionsNANA
Margin call (%)NANA
Stop out level (%)NANA
Islamic account
Interest on balances (%)NANA

Please visit the broker's website for their terms and conditions.

Get a $1 bonus when you deposit $1+

Get a $1 Welcome Bonus when you open your first Micro Account and deposit $1 or more. You can withdraw your bonus after trading 1000 Micro lots. All closed trades count towards this threshold.

$10 No Deposit Bonus for STP Accounts

Open an STP account with FXOpen to claim your no deposit bonus. You cannot withdraw this bonus, however, you can withdraw profits after trading a minimum of 2 lots.

ForexCup - Demo with Real Money Prizes

Open a demo ECN trading account with FXOpen for a chance to win over $10,000 in real money every month. You may withdraw your prize or apply it towards a live account.