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 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

FXOpen starts accepting deposits, withdrawals in ETH

FXOpen, an FCA-regulated forex broker, announced it has added the cryptocurrency Ether (ETH) to its deposit and withdrawal methods. The minimum deposit

FXOpen adds paysafecard to deposit/withdrawal options

The UK forex broker FXOpen continues to expand its deposit and withdrawal options. The latest addition to the list is the prepaid

FXOpen adds deposits, withdrawals via ePayments, launches debit MasterCard

The UK forex broker FXOpen announced it has expanded its deposit and withdrawal options by adding the ePayments system. According to the

Forex broker FXOpen now accepts millibitcoin (mBTC) as deposit currency

The UK forex broker FXOpen announced it has added mBTC (millibitcoin) as a currency in which clients can open ECN trading accounts.

FXOpen cancels 30-day waiting period for withdrawing via bank cards

The UK forex broker FXOpen announced it has simplified the terms for withdrawing money from client accounts via credit and/or debit cards.

Forex.com, FxPro, RoboForex, HotForex, FxOpen, Orbex, also hike margins over Brexit

The list of forex brokers that intend to increase margin rates on GBP instruments as a preventive measure against market volatility has