ForexBrokersAZ.com

FXOpen Review

FXOpen pioneered ECN Forex trading on MT4 as early as 2009. It is an international Forex broker headquartered in New Zealand and regulated by the FCA and AFSL.

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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.


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Overview

  • Asset classes
  • 49# Currency pairs
  • Forex
  • Gold and Metals
  • Oil and Energy
  • Commodities
  • Stocks
  • Indices
  • Bonds
  • Securities
  • Forex CFDs
  • Forex Futures
  • Forex Options
  • Demo account
  • Has a demo?
  • 5000000Demo size
  • UnlimitedDemo length

Trading platforms

  • Platform
  • MT4
  • MT5
  • cTrader
  • Currenex
  • ZuluTrade
  • Copy trading
  • Mirror trading
  • Web or desktop
  • Software download
  • No download
  • Mac friendly
  • Mobile 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 info.
  • FXOpen NZ LimitedLegal name
  • Auckland, New ZealandHeadquarters
  • 2005Incorporation
  • Regulation
  • Segregated accounts
  • AFSL No. 412871Australia
  • Nevis No. C 42235Nevis
  • FCA No. 579202UK

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Trading foreign exchange, contracts for differences or spread bets on margin carries a high level of risk and may not be suitable for all investors. You could sustain a loss of some or all of your funds if the markets move against you. For this reason, you should not invest more than you could afford to lose. ForexBrokersAZ.com does not accept deposits, advise on investments, deal in investments (as agent or principal) or arrange deals in investments. Information published on this website and in our external communications is factual and for information purposes only. It does not constitute financial advice under the Financial Services and Markets Act 2000. ForexBrokersAZ.com is owned by Hades Capital Limited, a company registered in England under number 08176698.