FXOpen FXOpen Review

FXOpen real time & average spread

Real time spread
N/A
Average spread
For the last hour
Min spread
N/A
Max spread
N/A
Swap long: n/a
Swap short: n/a
Stop/Limit level: n/a
0.61 pips

FXOpen execution and slippage

 

Slippage is the difference between the price at which the order has been placed and the price at which it has been executed by the broker. The less slippage you get, the better your trading results will be.

 

Our slippage data about FxOpen is sampled by 10 of the most popular forex trading strategies in Zulutrade.com

1.44 pips

FXOpen slippage with Kama-spot trading strategy

Kama-spot is a forex trading strategy, based on technical analysis. It trades mainly EUR/USD, GBP/USD and USD/CHF

Average profit:                14.0 pips
Average trade lifespan:  19 hours
Most traded pairs:               EUR/USD, GBP/USD and USD/CHF

 

0.29 pips

FXOpen slippage with Saved FX trading strategy

Average profit:                  16.0 pips

Average trade lifespan:    1 day

Most traded pairs:                 EUR/USD, GBP/USD, USD/CHF
0.29 pips

FXOpen slippage with Qurenix trading strategy

Average profit:                  9.0 pips

Average trade lifespan:  5 hours

Most traded pairs:             EUR/USD
0.34 pips

FXOpen slippage with Forex Cruise Control trading strategy

Average pips/trade:           5.0

Average trade lifespan:   18 hours

Most traded pairs:              GBP/USD
0.91 pips

FXOpen slippage with For333 trading strategy

Average pips/trade:           12.0

Average trade lifespan:   15 hours

Most traded pairs:              GBP/USD, EUR/USD, AUD/USD
0.59 pips

FXOpen slippage with Azar Consulting trading strategy

Average profit:                   28.0 pips

Average trade lifespan:   3 days

Most traded pairs:               EUR/USD
0.23 pips

FXOpen slippage with The Best Player trading strategy

Average profit:                  22.0 pips

Average trade lifespan:   13 hours

Most traded pairs:               EUR/USD
0.58 pips

FXOpen slippage with Xiaolidao trading strategy

Average pips/trade:           9.0 pips

Average trade lifespan:   1 day

Most traded pairs:               EUR/USD
0.33 pips

FXOpen slippage with Youron trading strategy

Average profit:                  9.0 pips

Average trade lifespan:   11 hours

Most traded pairs:               EUR/USD, GBP/USD
1.05 pips

FXOpen slippage with Duanxian(GBP\USD) trading strategy

Average profit:                      10.0 pips

Average trade lifespan:      1 days
 
Most traded pairs:                   EUR/USD, NZD/USD, GBP/USD
FXOpen  Review | FXOpen Forex Broker | FXOpen Metatrader

 

FXOpen NZ Limited
Level 3 187 Queen Street, Cbd, Auckland, 
1010, New Zealand 

FXOpen NZ Limited is duly registered with the Financial Service Provider Registry in New Zealand (FSPR License Number: FSP192685) and is a member of the Financial Dispute Resolution Scheme as obligated by law.  More details here.

FXOpen AU Pty Ltd
Level 31 RBS Tower, 88 Philip St
Sydney NSW 2000
Regulated by ASIC, AFSL: 412871 ABN: 61 143 678 719 

Bonuses:

 - $100 bonus - trade 10 standard lots in a standard account

 - $100 bonus - trade 1000 micro lots in a micro account

 -  $25  bonus - open standard account and deposit $100

-     $1  bonus - open micro account and deposit $1

Trader's rate 3
Editor's rate 3.9
48 reviews

Micro (Cent) Account:

minimum deposit: $1

minimum lot size: 0.001 lot

max leverage: 1:500

 

Standart Account:

minimum deposit: $25

minimum lot size: 0.1 lot

max leverage: 1:500

 

STP Account:

minimum deposit: $100

minimum lot size: 0.01 lot

max leverage: 1:500

 

ECN Account:

minimum deposit: $1000

minimum lot size: 0.1 lot

max leverage: 1:500

 

PAMM Account:

minimum deposit: $200

minimum lot size: 0.1 lot

max leverage: 1:100

 

Crypto Account:

minimum deposit: $10

minimum lot size: 0.01 lot

max leverage: 1:3

 

Spread:

Fixed or Variable from 0 pip on the ECN accounts (commission apply)

 

Deposit/Withdraw

Bank wire, Moneybookers, Liberty Reserve, WebMoney, CashU

 

Platform:

Metatrader, Mirror Trader  

 

Forex signals and social trading:

Tradency , Zulutrade, FXSTAT


What we think about FXOpen

FXOpen is a broker that likes to spoil its traders with variety: of account types, of trading platforms,  of bonuses and promotions, of trading contests, of payment options, etc. 

 
The broker offers Welcome bonuses of $1 (for Micro accounts) and $25 (for Standard accounts), which are pretty easy to clear for withdrawal. Existing customers can get a $100 cash bonus with no applicable restrictions when they trade 10 lots or 1,000 micro lots on Standard or Micro accounts respectively. Bonuses are also paid out for posts on the broker's community boards. 
 
For the more competitive traders, FXOpen hosts the Forex Cup micro site, where all trading contests are announced. In 2012 alone, $120,000 were given away as prizes in 60+ demo competitions. 
 
The three account types available at FXOpen are Micro, Standard and ECN, all offered with the Metatrader 4 (MT4) platform. Micro accounts are especially suitable for anyone wishing to try out the broker's services or get acquainted with forex: with these accounts, you can start with a deposit of $1, and actually trade with it because of the 1:500 leverage and the nano-lot minimum contract size (1 nano lot = 100 currency units). Scalping and hedging are allowed on all account types but scalpers who don't use ECN accounts may face some limitations. 
 
Traders can also copy signals – and choose between the Mirror Trader, ZuluTrade and FXSTAT platforms. 
 
FXOpen does not accept U.S. citizens/residents. 
Latest news about FXOpen See more...

Spread

Fixed spreads;
Typical spreads:
EUR/USD -2 | GBP/USD - 3 | USD/CHF - 3 | USD/JPY - 2

Pros

Cons

Fixed spreads

Low spreads

No commissions 

No 

 

 

 

Slippage

Pros

Cons

No slippage under normal market conditions

 

Slippage during news releases

 

Requotes

Pros

Cons

No requotes under normal market conditions 

Some requotes during news releases 

Price feed

Pros

Cons

No spikes

No stop hunting 

N/A 

 

 

Platform

Pros

Cons

Metatrader 4.0

Very intuitive and easy to handle

Decent charts

Autotrading

Custom indicators

Mobile ready 

Trailing stop is server based

No Web Platform

 

 

 

 

Deposit/Withdraw

Deposit

Withdraw

Deposit Withdraw
Bank wire 
WebMoney   
PerfectMoney
E-gold
C-gold
AlterGold
Liberty Reserve
CashU
E-Bullion
AlertPay

Deposit Withdraw
Bank wire 
WebMoney   
PerfectMoney
E-gold
C-gold
AlterGold
Liberty Reserve
CashU
E-Bullion
AlertPay 

Customer service

Pros

Cons

Customer Service reps are aways ready to help

Phone

Live chat

E-Mail 

Skype

ICQ

Yahoo Messanger

No

 

 

 

 

 

 

Summary

Pros

Cons

$1 minimum deposit
Low fixed spreads
Decent price feed
Metatrader 4.0 

ECN

No regulation (Mauritius?)


 

 

Traders` reviews for FXOpen Add review

worse broker

I am not happy at all with this broker. In fact, things have gone worse since I started with them several months ago.

BDFOREX 04/22/2014

FXOpen

Dear Sandro Rogério,
specify please if there are any issues left unresolved with FXOpen?

I'd like mention, that every person is welcome to register with FXOpen and try it's services.
FXOpen can offer on of the tightest spreads among forex retail brokers, low comissions and high liquidity.

If you have any questions, we are always at your service.

FXOpen Representative 10/17/2013

CAUTION TO ALL OPERATORS, STOLE MY MONEY!

CAUTION TO ALL OPERATORS, STOLE MY MONEY!

'm FXOpen client, and I'm having a problem.

I operate in Brazil. I did a bank transfer location to account FXOpen. money out of my account, and FXOpen not credited in my trading account.

and the money is not returned to my account, already has several days.
and no solution and I do not answer emails.

demand to satisfaction,
'll open formal complaint in competent organ, and if necessary criminal proceedings against this company.

I've tried many ways, but did not return my money!

all operators, care about this company!

Where are you from?CAUTION TO ALL OPERATORS!

'm FXOpen client, and I'm having a problem.

I operate in Brazil. I did a bank transfer location to account FXOpen. money out of my account, and FXOpen not credited in my trading account.

and the money is not returned to my account, already has several days.
and no solution and I do not answer emails.

demand to satisfaction,
'll open formal complaint in competent organ, and if necessary criminal proceedings against this company.

I've tried many ways, but did not return my money!

all operators, care about this company!

Sandro Rogério 05/17/2013

FX Open has the best security

While FX Open can improve their services in some areas (e.g. connectivity), I have found them to be a reliable and trustworthy broker.

I am most impressed with their security levels – when I forgot my PIN, I got a phone call for a PIN reminder confirmation! If you decide to go trading with them, you won’t be making a mistake.

Jake R. 06/25/2012

FxOpen accounts trading history might be displayed incorrectly

The official FxOpen statement:

Dear Customers,

Please, be notified, that trading history in Real 1 Live Standard and Micro accounts might be displayed incorrectly due to a technical issue that happened earlier today on Real 1 server. Real1 server is now connected and fully operational, however some accounts may still display incorrect account history.

If you notice incorrect trading history in your account, please email us at chiefdealer@fxopen.com or dealing.team@fxopen.org and ask for your account to be corrected.

Any additional information will be helpful:

the account number
ticket numbers of the orders
MetaTrader 4 client terminal log files
screenshots of your MT4 client terminal,
latest trading statements etc.

S.Zhelev 12/01/2011

FXOpen was just named Best Forex Broker Australasia 2011

FXOpen was just named Best Forex Broker Australasia 2011 in the World Finance Foreign Exchange Awards. When the evidence is seen with your own eyes, FXOpen is the only real choice for serious traders.

FxOpen 10/06/2011

FxOpen requotes and do not allow you to close profitable trades

If you know you want to loose all your money then use FxOpen.

It is the worst broker ever. It requote often and do not allow you to close your trade when in profits. There just stolen by 150 dollars as you are reading this. If you have account with them better close and run with your money or u will be next.....

FredBee 05/22/2011

FxOpen keep their words, I got my money back

Yup... Got my money back.

Well, at least it shows that they keeps their words and are not there to rip us off of our gains.

They never reply my email to explain the spike though.

Joe, Malaysia 04/18/2011

FXopen has spike in some of the NZD related pairs

FXopen has spike in some of the NZD related pairs today (18th April), which is not seen in other brokers.

They asked me to send an email to the chief dealer to ask for compensation if the spike does caused a loss to my trading.

Well, just send an email to them. Now waiting for their reply.

Will update u guys on the results!!

Joe, Malaysia 04/17/2011

FxOpen under major DDOS attack, FxOpen.com is unavailable

To those who cannot access the main page at fxopen.com, we have been under a major DDOS attack for almost a week. You may access normal website and cabinet functions via a partner site such as fxfrench.com or fxopenasia.com. fxopen.com main page and cabinet are the only parts of our site affected. MT4 servers are not affected at all by the attack.

FxOpen 03/23/2011

Fxopen.com DOWN for 2 days

HELLO FXOPEN !!!!,

the cabinet.fxopen.com & home page DOWN for 2 days ???

This is ridiculous & shame of the broker ??

KEEP ON DOWN DOWN !!!! Most alikely their IT folks are sleeping & the mgmt never diligently keep track on server downtime & penalize their IT folks for lagging in recovering these outage.

No daily confirmation email this week had been sent, not sure what's the fraud the company going to play..

Muruku 03/22/2011

FxOpen freezes their server and manipulate data history

FXOPEN BIG LIAR SCAM BROKER,...RECENTLY THEY STOLEN MY$300 DEPOSIT+/-$700 PROFITS

THEY ALWAYS FREEZE THEIR SERVER AND MANIPULATE DATA HISTORY.BEWARE OFF THEM.

John Indonesia 03/17/2011

FXOpen does not want to give any profits to traders

Hello Again,

It seems to me that FXOpen does not want to give any profits to customers. What I earned in past 6 months is due to my hard work & its my money, not yours.

I tripled my balance withing this time. But the fact that, my balance was almost unaffected due to the Feb incident,(I was lucky).This made them jealous.They want to take money from their customers a/c showing this cause & their trick didn't work for me.

Then FXOpen removed my balance telling adjustment!!!!!

How funny!!!

You have no right to play unfair with others money .

You can go through my a/c before and after that incident....

Wish I could post my a/c proofs here to show others.....

What ever good thing is I am no longer with FXOpen and would advise peple to go for regulated Good Brokers.

Deb 03/12/2011

You benefited unfairly from the FxOpen's server error

@Deb

Your account has been rechecked and the adjustment was found to be accurate.

The dealer advised me that you benefited unfairly from the server error recently on server 1 which made it necessary to make adjustments. Others who had losses from the server error had their losses removed so in balance, we have acted in a fair and even handed manner to correct all accounts affected.

Deb, what also you fail to mention is that you have in fact DOUBLED your account and WITHDREW the profits SUCCESSFULLY. Is that a scam to you?

FxOpen 03/10/2011

Thats how FxOpen deal (cheat) with customers

Hello again,

Just to update,it has been 3 days since I sent an email to Jafar Calley with proof, no ans yet.

Thats how they deal(cheat) with customers.

The reason I am posting my experience with FXopen here because no one can complain in their Website about their scam,they remove those posts and banned a/c.

I know there are many traders out there scammed by FXOpen who don't want to discuss it in the web.

So I am here to let you know FXOpen Scam.

So avoid them.

Cheer

Deb 03/09/2011

It helps if you communicate with FxOpen

@Deb - Canada: I am having your account checked again. Please email me jafar.calley@fxopen.org

@Mark - USA: You have evidence? Please email me jafar.calley@fxopen.org

@hans_defretes - Indonesia: Ask your "friend" to contact me jafar.calley@fxopen.org

Everyone needs to realise that it helps if you communicate with the company before posting of your problems on a review site :)

FxOpen 03/06/2011

FxOpen rob the customers money though down of the server

I really agree with you deb (Canada).

They're rob the customers money though down of the server.

It's really ridiculous!

The friend of mine shown me all of the evidences that his account loss by 20% after the server recovered.

Beware of this broker.

Hans_Defretes 03/05/2011

FxOpen scam: They took all my money without any notice

FXOpen is a scam. They took all my money without any notice.

I have lost $3000 money with this scam.

Stay away from this fraud company.

Mark 03/04/2011

FXOpen is a scam, they deleted my profitable trades 2

Hi All,

I am writing again to let you know that

FXOpen reduced my balance 20% which was unaffected on Feb 9 incident , I have all the proofs to show.

If you are(FXOpen) not a scam as you want to claim, go through my a/c 299672, calculate manually, you will see how I have been cheated .

1. They removed same amount money without notice.

2. Then They removed same amount money with notice.

So they removed double my money.

Beware of them. This the mail I got after 11days.

Dear Sir,

Your account should be adjusted today.

Please, check your account history in the Meta Trader 4 and see if adjustments have been made.

The adjustments that should be made in your case – trade #22366588 =-4741,24, trade #22366553 =-966,76

Please, confirm that you have seen these adjustments in your account history.

Should you have any questions, feel free to contact us by e-mail (support@fxopen.com) or use FXOpen Live Chat to get immediate assistance http://livesupport.fxopen.com/Chat.aspx

Best Regards, FXOpen Support Team

Deb 03/03/2011

FXOpen is fully complying with the request from the CFTC

@Roberts

1) Phone numbers and other details will be added back into the site after planned website maintenance and a new theme. All information required by our new regulator will be on the website for all to view.

2) FXOpen is fully complying with the request from the CFTC and will make a press release after all issues have been discussed and resolved.

FxOpen 02/22/2011

FxOpen had server Real-1 problems

Hello Deb,

I am sorry to hear what you are writing,but I need to explain something.

We had server Real-1 problems due to software malfunction which destroyed all date for 2 trading days but we guaranteed that all accounts will be restored to the previous balances (8th of February). This kind of malfunction with Server 1 happened 1st time in all our history and we are sorry for that. If you still think that our dealers did something wrong you can write in our public forum and we can discuss in public and fix if any mistake from our side was made.

Regards, Denis.

FxOpen 02/21/2011

I quadrupled my account with FxOpen in a week

FXOPEN they are the best to me I quadrupled my account in a week and they paid my proceeds, I have been using them since 2005, their platform accepts my trading systems and that is good, I dropped my job and went into full time trading, they are very good.

Ever sice trading with them has been sweet. Trade today withdraw tomoorow. Very fast.

Rufus 02/21/2011

FxOpen is a scam, they removed the phone numbers from their site

Total Scam; they have removed their telephone numbers and fax numbers from the website. Additionally their are one of the 14 unregistered and non licensed brokers sued by the CTFC. I cannot refer to the third party website that is posting this but you can feel free to Google "14 brokers sued by CTFC to fidn out for yourself".

Stay Away from this outfit

Roberts 02/21/2011

FXOpen is a scam, they deleted my profitable trades

Dear Traders,

FXOpen is a pure scam which I have realized after spending 6 months with them. They trick you when you start to make money.

They sometimes show network problem to lose you money.

First time I thought they are good as you can withdraw money very quickly. Over the time I deposited and built my balance.

After 5 months learning I started making money quickly.

Now they showed me their real face.

Last Feb 09, 2011 they shutdown one of their servers and made the clients lose money.

After one day the said it was Force Majuere and deleted my profitable trades and kept the ones with loss.

They restored trading position which is older than 2 days.

In this process they took away $600+ from two of my accounts.

I mailed them but they didn't bother to answer any of my e-mails. When I went to live chat, they told me to contact with dealer1 & gave me lame excuses.

You can't call them because they don't have any phone no.

Next 2 days they took $100 more saying that they are adjusting my balance.When I checked all my transaction history & manually calculated my balance in Excel, I found another scam about their calculations.There should have been $400 more in my account which was missing. Again I mailed, again no answer.

Now, after 6 months with them I have $169 and all profits gone.

My total deposit was $350.

So if you don't want to lose money dont go with them.

I have learned it in the hard way.

I can show you all my transactions with them.

Today 21feb-2011, I took out all my remianing from them.

* FXOpen doesn't have any license . All their licenses are cancelled now. Now they are trying to get AUS license.

BEWARE OF THEM.

GOOD LUCK

Deb 02/20/2011

FxOpen spread is under 0.5 pips on a ECN account

I have traded with them for a while, demo, micro, and ECN account. Have used the forum too. Even had trouble with my account (my fault entirely) and they quickly helped me to get it straightened out.

So far, and I have watched for it, I have never seen any sign of foul play with this broker in any capacity. They keep their servers up-to-date and therefore can handle those who like to do some occasional hardcore scalping.

Their spreads are as low as anyone elses for market maker accounts. And for ECN, I have actually seen times when the spread was LITERALLY nearly zero. I am talking under .5 pips. I have also never had any money problems with them. What can I say other than they make it so that I can earn a decent income through forex trading.

antny 01/29/2011

FXOpen is going for license with the Australian Securities and Investments Commission

FXOpen's new license with the Australian Securities and Investments Commission has reached final review status and is expected to be approved in February 2011.

You can review our progress at http://www2.search.asic.gov.au/cgi-bin/gfs010c?origin=flb&licence_no=392733&role_type=FB&cond_sdate=&cond_stime=&rep_no=%20&a7=&a8=&a9=&a10=&a11=&a12=&a13=&start_date=

FxOpen 01/11/2011

FxOpen license has been suspended by FSC

Do not open Account with FxOpen.license has been suspended by FSC and you will lose money believe me.

David x 12/05/2010

FxOpen is a good alternative for US citizens

It is a good alternative for US citizens since our last regulation changes.I am satisfied with ECN services they provide.

Vasilii 10/28/2010

FXopen processed my Alertpay and Moneybookers requests in a few hours

I am happy with FXopen. They have great customer service, quick deposits and withdrawals. I received my Alertpay and Moneybookers withdrawal requests in just a few hours. So far, FXOpen have been outstanding.

Glenn 10/11/2010

Fxopen is second to non

I must say that Fxopen is second to non, I?ts a great broker if you want to make small deposits. The money is available to be withdrawn at any time. Other brokers don't allow to withdraw the initial deposit before a month, only the profits, I want to Give 5 stars for customer service/withdraw procedures. After confirmed I got my payment within 6hrs,
That’s Not just A Payment, That earned me My respect to my family, Now I the main eye pops in my family, All of that happen after receiving Payments From Fxopen. So to me Fxopen is not just a broker, It’s a part of My Heart. see My entire Reviews here at : http://forum.fxopen.com/showthread.php?t=62608

cda08 11/21/2009

My deposit with FxOpen was processed in a matter of seconds

Me and my mind all together working and calculating to gain some pips, it's not knifing upon butter, yep I knew it, atleast I succeed to maintain some gaining after 8 trades.
In the mean time I did some forum posting, when the price came to my palm so I re-entered in trading. after gaining cents, i thought if I have a Standard A/c, so why not? after 2 days I opened an Standard A/c, and am succeed to trade within a min after depositing money from my AP. At previous, I really forgot how hours/mins it took to see my first micro deposit in my A/c, but Now it's time to realize that How fast Fxopen's internal system works, I added fund and have seen within a seconds.

Am Glad to see how fast it is, Am impressed by seeing my money within a few seconds in my Std A/c.. Actually, . I didn't have any idea or imagination that How much an overseas Inc could do for her Client/s, But yes, Fxopen does it so well. Fxopen's Back-office personnel gained My respect perfectly .A HUGE Thanks to Fxopen.

cda08 11/21/2009

I can see my limit orders in FxOpen's MT4 ECN

Hello everyone, I like to post some words about that company. I have both, MarketMaker account with 20K , ECN with 20K and ECN PAMM with 5K with FXOpen.

1) Deals executing is much better at ECN accounts, ECN almost instant, MM (Market Maker) several seconds, got several requotes during the news but still ok for MM.
2) Can see see my limit orders in Level 2, very good sign (difficult to find real ECN on MT)
3) Deposit is extremly fast, withdrawal to my bank was completed during the working day, I think that is good, most of companies do this longer (for your information I deposited 10K first, made several trades and ordered all for withdrawal to test this company).

I pretty much enjoy them at the moment, especialy ECN trading. Anyone can check my trading activity with FXOpen ECN PAMM account, just go to FXOpen forum and find GTR Power PAMM thread.

GTR, earnforex.com 10/31/2009

FxOpen is a good broker

Real trading with fxOpen (started 11 August 2009).

Trading log:

-11/8 Deposited 900 USD, then my balance down to 236USD on 20/8/2009 - All because of my mistake for not patient enough.
-26/8 Balance increase to 429 due to carefull trading. On the same day i deposited 400 to increase my capital.
-23/8 FXOpen deposit a top 20 bonus worth 50USD and my balance is 1504
- 8/9 fxOpen deposited 100 for 10 lot bonus and my balance on that day is 1399 because of wrong entry. Its ok to lost several trades.
-25/9 highest profit of 1352. Balance 5802
-25/9 First withdrawal 1K using Liberty Reserve. Money already in the bank on 26/9

Balance after withrawal is 5676. Hope to withdraw another 1K in few days.

Conclusion:
At the moment, FxOpen is a good broker. Deposit fast and withdraw in less than 24 hours. Mt4 terminal is good although some delay in entering, closing and refreshing the balance after closing the trades. Hope their admin will look into this matter. I'm using robot most of the time because i have other job to do. For now the profits are 400 to 500 on average (of course some trades i lost 300 to 500). To all traders, do your trades in manners. Avoid hedging and other wrong methods that will make your broker terminate your account.

Hope this review will help those who like to open an account with this broker.For my self, FxOpen is not a scammers.

Abdul Malek, earnforex.com 10/31/2009

i am from India and wanted to open an account with Fxopen after seeing some good reviews on the net. i have been trying to ask about a few doubts from the live chat but it does not work. it is always 'busy'. the first authentic step for a company is to have at least the live chat working. bad handling really! i don't know how have these guys got good reviews. probably fake. how can anyone contact them?

Rashi 09/19/2009

Coming into FXOpen is like coming into my familly. So much incentives to trade. I feel overwelmed
After I deposited my first $100, my account was credited instantly with another $25
I am getting $25 for every 100 posts I make in any section of the forum
And now additional $50 for making up to 1000 posts
I got $100 for making 10 lots accumulative trade
Thats why I opened 9 bonus accounts so that I could repeat this feat. They allow for up to 10 bonus accounts
Customer Support = Excellent
Money Deposit & Withdrawals = Fast

Victor, Earnforex.com 09/12/2009

FXOpen comes with fixed spreads of 2 to 4 pips for the majors

FXOpen comes with fixed spreads of 2 to 4 pips for the major currency pairs. You only need a bare minimum of $1 for a micro account and $25 for a standard account, though FXOpen recommends that you start with $300-$500. Beginners can open a free demo account and start practising within 15 secs of filling up a simple application form.

Forexstartrader 08/26/2009

FxOpen spread remaines fixed even in the most volatile periods

I have been trading live with FXOpen for more than a year. Their spread remained ‘fixed’ even in the most volatile periods of the last year. All my four withdrawals have been paid. FXOpen also allows using EA and custom technical indicators in MetaTrader. I highly recommend this broker. My only criticism is that they do not support direct credit card funding.

Adam Cohen 08/26/2009

I like FxOpen free analysis

I found this broker on forex-tsd forum.They are professional in problems solving and also they have good website with free analysis which is usefull for me.I think it is nice broker for green traders like me because they support micro accounts and have very fast financial services system so no need to wait weeks to start trading or deposit.

Valdas, Earnforex.com 08/26/2009

FxOpen Scam: Screenshot of unauthorised transactions

THIS FOREX IS SCAM DON'T TRUST EVERYONE ..

CYRUS and adam may be clone

look out my screenshoot
http://www.postimage.org/Pq1O46kA-05065423c85e5728aaa07141fe2c2dcd.jpg

anang 08/26/2009

I'm waiting for 15 days FxOpen to credit my account

I do not recommend this Broker. It is easy to open one account, they are fast to respond e-mails but just it.

Since 15 days ago I have transfer more funds to my account but until now no funds in my account.They respond quick all E-mails, but no one know about my money, just disappear!!!.

Gilberto, Earnforex.com 08/26/2009

FxOpen: decent spreads, fast execution and brilliant support

Trading with them live sind almost half a year now. Spreads are ok, order execution time ok, support (chat) brilliant. Can only recommend this broker. Would also like to see credit card funding - but there are good alternatives.

Hydro 08/26/2009

Deposit problem with FxOpen

I agree very much with u Gilberto.
I transferred 200 USD to my forex account , just as a test. this was done since 15th Jan. Till today, it has not reflected on my trading account. i have tried calling fxopen but each time the lady says she cannot hear me then the line cuts.

Josef, Earnforex.com 08/26/2009

I’ve just got $1600 from FxOpen

This isn’t a real FXOpen review, but I’ve just got $1600 from them. My profit since January. Their withdrawal by wire works like a charm.

Clark 08/26/2009

I like FxOpen's Metatrader platform

There are many brokers in market so when I entered the market I started with Oanda, the most popular broker in the USA. Making good money trading
with Oanda I thought to open one more account with some other broker with metatrader 4 software.
One of my friends suggested me of FXopen. When I searched on the internet about this broker I found that it has many clients already
and their services are quite good. Now I am trading with both of the brokers.

Alfred, Earnforex.com 08/26/2009

It takes 1-2 seconds to place a trade with FxOpen

I was quite scared going live with FXOpen, but decided to give them a try but to my surprise, their server speed was extremely super about 1-2 second maximum to place my trade on their server, and i have been making consistent profit using my ea with them, i have never experience they trade against me, I am quite happy now that finally i have gotten a very good broker with no swap, cheap spread, amazing server speed. thank you very much fxopen, but have not made any withdrawal yet, whatever any future experience i have with fxopen i will always come back and post here. FPA crew thank you very much for this opportunity you've given all traders to know the kind of broker we can use for our trading success.

Segun Akinbobola 08/26/2009

FxOpen server went down last week

Trade with FXOpen one year already.I got 1 problem in last week when they had server down but I need to say that they fix everything I asked and even several pips better then I expected. good job from them.

Yanek, Earnforex.com 08/26/2009

I think that world crisis will destroy most of the forex brokers

Since that all our local brokers just bucket shops I decided to switch to FXOpen. I have very good responses from my friends trading with different companies. I think that world crisis will destroy most of brokers and FXopen looking very strong among others.Anyway I start from 5000 and we will see how it will go so far 1 week no any problems. And p.s. I want want to thanks russian supporter Nadya form FXOpen for helping me in funding.

Ismail, Earnforex.com 08/26/2009

FxOpen ECN Metatrader account review

If you are looking for alternative of US based company and something very simple and really cool choose FXOpen. Their ECN conected to huge liquidity provider and we can use it with very fair conditions just 1K to start and on MT4! I give them a try since have many good reviews from my friends.

Vytautas, Earnforex.com 08/26/2009