FXOpen

Founded in 2003 as a technical analysis center, FXOpen expanded into brokerage services in 2005, quickly establishing itself as a pioneer in innovative trading solutions. The broker was among the first to introduce micro accounts and Sharia-compliant accounts, catering to a diverse global client base.

FXOpen later developed its own ECN bridge technology on the MetaTrader platform, reinforcing its reputation as a forward-thinking broker. In 2013, the company launched its STP account, which helped push monthly trading volumes to over USD 100 billion.

Today, FXOpen operates primarily as a MetaTrader broker and is regulated by the UK’s FCA and Australia’s ASIC, ensuring strong oversight in key regions. Additionally, it maintains an entity in Nevis, which, although unregulated, is a member of an external dispute resolution (EDR) organization to handle client complaints fairly.

Fees, Spreads, and Commissions

FXOpen’s ECN accounts deliver low-cost trading with floating spreads starting from 0.0 pips. Commissions scale with trading volume, ensuring transparent pricing for both small and large traders. With fast execution speeds and access to forex, commodities, indices, and cryptocurrencies, FXOpen is built for traders seeking affordability and flexibility.

ECN Account Types and Minimum Deposits

FXOpen offers a tiered ECN account structure designed for all levels of traders:

• Entry-level accounts start with a minimum deposit of just $100, providing affordable market access.

• Elite accounts cater to high-net-worth and institutional clients with advanced conditions.

Each account provides market execution, multi-asset trading access, and advanced tools, ensuring no compromise on performance.

Demo Account

The FXOpen Demo Account replicates live market conditions using virtual funds. Traders can:

• Practise forex and CFD trading risk-free.

• Test new strategies.

• Gain hands-on experience before committing real capital.

It’s a valuable tool for beginners and experienced traders refining their edge.

Trading Platforms and Tools

FXOpen provides a wide choice of trading platforms, catering to different styles and skill levels:

• MetaTrader 4 (MT4): Industry-standard with powerful charting and EA support.

• MetaTrader 5 (MT5): Expanded asset classes and advanced order types.

• TickTrader: Proprietary platform for professional-grade multi-asset trading.

• TradingView: Popular among visual traders for chart-based execution.

These platforms deliver low-latency execution, advanced analysis tools, and customisation options, serving both beginners and professionals.

Global Markets

As a robust ECN broker, FXOpen provides direct market access to a wide range of instruments with deep liquidity and competitive spreads. Traders can access:

• Forex (major, minor, and exotic pairs)

• Indices

• Shares

• Commodities (including energy and metals)

• Cryptocurrencies

With spreads from 0.0 pips and low commissions, FXOpen offers a highly efficient trading environment.

Deposits and Withdrawals

FXOpen supports a variety of secure funding methods, including Volet, online banking, and PAYPAID. Key features include:

• Low fees and transparent conditions.

• Fast processing with clearly outlined timelines.

• Easy account management for global traders.

Customer Support

FXOpen provides responsive 24/5 customer support, available through live chat, email, and phone. Its structured support system ensures:

• Quick assistance with technical issues.

• Guidance on deposits, withdrawals, and account setup.

• Dedicated trading desk hours for time-sensitive requests.