FxOpen Review: UK-regulated MT4 ECN forex broker

fxopen-250FXOpen is a global forex broker, regulated in United Kingdom and Australia. Unlike most brokers, it started as an educational center, and ever since it launched brokerage services, FxOpen focused on traders’ interests. It claims to be the first Forex broker to offer Micro accounts and swap-free Sharia compliant accounts. Now, FxOpen also offers Crypto accounts, where is available trading with Bitcoin, Litecoin, Namecoin and Peercoin.

Regulation: FCA (UK), ASIC (Australia)
Online since: 2005
Trading model: STP, ECN
Trading platforms: MetaTrader4
Min. Deposit: $1
Min. Trade size: 0.01 (micro lots)
Max. Leverage: 1:500
Bonus: $10 no deposit bonus for STP accounts, PayBackFX rebates

Cost of trading

Spread: from 0.0 pips on EUR/USD
Commission: $1,5 – $5 per standard lot (per side), depending on the equity & volume traded (ECN accounts only)

Latest news about FxOpen

FXOpen launches cashback program for clients

FXOpen, an ASIC and FCA-regulated forex and CFD broker announced the launch of a cashback program for its clients. The new program

FXOpen expands deposit options for Asian clients

FXOpen, an ASIC and FCA-regulated forex and CFD broker announced it is expanding the deposit options for its clients in Asia by

FXOpen hikes SWAP on cryptocurrencies due to volatility

FXOpen, an ASIC and FCA-regulated forex and CFD broker announced it is hiking the SWAP for crypto instruments on Meta Trader 4

FXOpen adds Skrill Rapid Transfer as deposit option

FXOpen, an ASIC and FCA-regulated forex and CFD broker, announced it has added Skrill Rapid Transfer as a deposit option. The system

FXOpen to set minimum referrals for partnership program

FXOpen, an Australia-headquartered forex brokerage, said it will change the terms of its referral program to require partners to get paid only

FXOpen accepts deposits in USD₮, EUR₮ cryptocurrencies

Dually-license forex brokerage FXOpen said it has started accepting deposits via digital currency Tether in their equivalent of USD₮ and EUR₮.

FXOpen makes Financial Performance Tracking Tool available to all clients

Forex broker FXOpen proudly announces that an advanced analytics tool that was formerly used only by professional PAMM money managers, is now available

FXOpen changes trading hours on some CFDs

The FCA-regulated forex broker FXOpen announced it is changing the trading hours for some CFD indices. Starting from December 5, trading for

Bulgaria’s FSC warns agains unauthorized FXOpen, Magnum Option, others

Bulgaria’s Financial Supervision Commission (FSC) issued on Friday an updated list of financial service providers unauthorized to operate in the country. The

CapitalIndex raises margin requirements ahead of US election, FXOpen warns of eventual hike

CapitalIndex, a UK-based forex broker, announced it is hiking its margin requirements ahead of the US presidential election on November 8. As