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FXOpen FXOpen Review

FXOpen  Review | FXOpen Forex Broker | FXOpen Metatrader

RATING: 3.5 / 42 REVIEWS ForexBrokerz FXOpen


FXOpen execution and slippage

0.51 pips


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

0.03 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


0.02 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
0.42 pips

FXOpen slippage with Qurenix trading strategy

Average profit:                  9.0 pips

Average trade lifespan:  5 hours

Most traded pairs:             EUR/USD
0.05 pips

FXOpen slippage with Forex Cruise Control trading strategy

Average pips/trade:           5.0

Average trade lifespan:   18 hours

Most traded pairs:              GBP/USD
0.18 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
1.42 pips

FXOpen slippage with Azar Consulting trading strategy

Average profit:                   28.0 pips

Average trade lifespan:   3 days

Most traded pairs:               EUR/USD
0.06 pips

FXOpen slippage with The Best Player trading strategy

Average profit:                  22.0 pips

Average trade lifespan:   13 hours

Most traded pairs:               EUR/USD
0.13 pips

FXOpen slippage with Xiaolidao trading strategy

Average pips/trade:           9.0 pips

Average trade lifespan:   1 day

Most traded pairs:               EUR/USD
2.45 pips

FXOpen slippage with Youron trading strategy

Average profit:                  9.0 pips

Average trade lifespan:   11 hours

Most traded pairs:               EUR/USD, GBP/USD
0.34 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

Trading Accounts


Account type Minimum deposit Minimum trade size Maximum leverage Average Spreads (& Commission) Execution
Micro $1 0.001 1:500 2 pips Instant
STP $10 0.01 1:500 1.6 pips Market
ECN $100 0.01 1:500 0.5 pips + $5 - $2.5 / Lot* Market
Crypto  $10 0.01 1:500 From 0.0 pips + 0.5% of the transaction volume round turn Market


*Commission is calculated per standard lot of 100 000 units per side.


FxOpen offers 4 basic account types, all of which offer micro lots for trade. Clients of this broker are able to choose between market and instant execution, and commission-free trading or ECN execution with raw spreads with commission.


Personal multi account manager accounts, as well as swap-free (Islamic) and micro ones are also available with this broker. In fact, FxOpen 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.


The Company





FXOpen Ltd. 



FXOpen AU Pty Ltd.




FXOpen is a global forex broker, regulated in United Kingdom and Australia. Unlike most brokers, it started as an educational center back in 2003, and ever since it launched brokerage services two years later, FxOpen focused on traders’ interests.


FxOpen is an international online trading broker, providing services for trading in financial markets to both retail and institutional investors.


FxOpen is a registered business name of FXOpen Ltd., a company authorised and regulated by the Financial Conduct Authority (FCA). It also has a sister company in Australlia - FXOpen AU Pty Ltd., which is duly licensed by the Australian Securities and Investments Commission (ASIC) The broker also had a New Zealand unit, but it was deregistered in 2015.


In addition, FXOpen also operates an offshore unit, FXOpen Markets Limited, which is registered in Nevis.


Security of Funds


The UK’s FCA and Australia’s ASIC are one of the most reputable financial watchdogs worldwide. Both UK and Australian regulated brokers must keep client funds in segregated accounts, separated from the companies operating funds. UK-based brokerages must maintain net tangible assets amounting to at least €730 000 as a proof of their financial stability, while Aussie forex brokers must hold a minimum of $ 1 million.


What is more, clients of UK brokers are covered the Financial Services Compensation Scheme (FSCS). In the event of a company insolvency, FSCS is able pay compensation up to a maximum of £50,000 per person per regulated entity. Unlike UK-based brokerages, Australian ones are not covered by any compensation scheme.


Trading Conditions


Minimum Initial Deposit

You may start trading with FxOpen with just $1, which is an attractive offer, especially when it comes from a reputable and well-regulated broker.  Nonetheless, we would advise you to invest $100 and take advantage of its ECN execution.


Average spreads & Commissions

FxOpen offers floating spreads, which vary by account category. The typical ones on the commission-free STP account are around 1.6 pips on EUR/USD, which is above average. Spreads on ECN account start from 0.2 pips on EUR/USD, the typical ones being around 0.5 pips, and a commission of $5 per lot (per side) applies. So, as it turns out average cost of trading per lot for the EUR/USD pair on these accounts is approximately 1.5 pips, which is on the upper end of average.  Besides, commission discounts are available to high volume-traders and such with equity above $1000.



In comparison, FxPro offers average spreads as low as 0.4 pips on the EUR/USD for its cTrader (ECN) accounts and charges $4.5 per lot. For further information, you may look up and compare real-time spreads of 15 leading brokers.



The maximum leverage rates at FxOpen are up to 1:500. Such leverage is considered comparatively high, although many other FCA-regulated brokers offer similar leverage rates. For instance, leading EU brokerage FxPro provides leverage up to 1:500. You may check out a list of forex brokers offering leverage equal to or exceeding 1:500  here.


Please, be advised that investing in over-the-counter derivatives with high leverage involves significant risks. 


Trading Platforms


FxOpen supports both MetaQuotes' platforms: MetaTrader4 (MT4) and MetaTrader 5 (MT5).


Since 2005 MetaTrader 4 has been holding the title of the most popular Forex trading terminal and continues to be preferred by most investors and brokerages. The MT4 has a user-friendly interface, and offers all a trader needs: advanced charting package, a number of technical indicators, extensive back-testing environment and a variety of Expert Advisors (EAs).  With this broker it comes as desktop, web and mobile versions.


FXOpen’s web MT4. Click to enlarge.


FXOpen claims to be the first broker to offer its clients direct access to Interbank liquidity and ECN trading via the MetaTrader 4 in 2009. Standard Forex MT4 capacities have been extended and supplemented by the broker's–Liquidity Aggregator solution. Now FXOpen ECN ensures instantaneous and error-free order execution at the best prices from more than 10 banks and other liquidity providers on two trading platforms - MT4 and MT5.


FxOpen is one of the many brokers that have recently added MT5 to its platform offering. After standing in the shadow of its predecessor for more than 5 years, MT5 gains popularity lately, as its developer MetaQuotes made a number of enhancements to it, including the adding of the hedging feature. MetaTrader 5  is a multi-asset trading platform that provides most of MT4’s valued features and tools, as well as some additional services. For example, the economic calendar is integrated straight within the charts, which are very similar to the ones of the previous version. At present FXOpen supports only ECN accounts on MT5 and they have the same trading conditions as MT4 ECN accounts. 


What is more, FxOpen has partnered with ZuluTrade and MyFXBook to offer its clients advanced automatic trading options.


VPS service is also available with this broker, so that traders can install their favorite EA applications and have them running 24/5 without requiring their PC to be on. MT4 VPS hosting with this broker is free of charge to new and existing clients that deposit a minimum amount of $5000 or or trade volumes of USD 10,000,000 (per calendar month).


Methods of Payment


Clients of FxOpen are able to choose from a wide range of payment methods: via credit/debit cards, (Visa, MasterCard, Maestro), bank wire, Skrill, Neteller, Payza, WebMoney, SorexPay, Yandex Money, FasaPay, IntellectMoney, OKPAY, ePayments, RBK Money, China Union Pay and Bitcoin and ETH.


Also, a number of Local Transfers are available, as well as FXOpen Prepaid Cards.


Deposit and withdrawal fees apply - for further information, you may refer to the broker’s website.




FxOpen is a reputable forex and CFD broker with strong regulation, more than 10 years of experience on the forex market, diversified product portfolio and attractive conditions. We especially like its ECN offerings available on two platforms. In a nutshell, here are the advantages and disadvantages with regards to this broker:


Pros Cons
Strong regulation No significant disadvantages
MT4 and MT5 available, as well as access to advanced auto trading  
ECN trading environment available with competitive pricing  
High leverage levels, low initial deposit  
Special cryptocurrency trading account available  


Latest news about FXOpen All news
Broker Country Regulation Platform Min Deposit Review
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

Traders` reviews for FXOpen


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



Fixed spreads

Low spreads

No commissions 








No slippage under normal market conditions


Slippage during news releases





No requotes under normal market conditions 

Some requotes during news releases 

Price feed



No spikes

No stop hunting 







Metatrader 4.0

Very intuitive and easy to handle

Decent charts


Custom indicators

Mobile ready 

Trailing stop is server based

No Web Platform








Deposit Withdraw
Bank wire 
Liberty Reserve

Deposit Withdraw
Bank wire 
Liberty Reserve

Customer service



Customer Service reps are aways ready to help


Live chat




Yahoo Messanger











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


No regulation (Mauritius?)



My only forex broker since 2012

I have traded with FXOpen broker since 2012 till now,and it is one of the best forex broker I'm trading with.

Frankly at early of the year 2012 I have read some negative comments about this broker,but I decided to do the trading experiment with it and I started to tread with it and I found it is completely contrary to what is is written and fxopen deserves all the appreciation for its good service.

From my point of view, the best advantage of this broker is the speed in executing requests of money withdrawal, I have withdrawn big amounts of money and it did not delay any withdrawal since 2012 to this moment,and unique thing about the FXOpen broker is that it provides a Wallet system through which more than one account can be opened from the same Wallet. This realy facilitates capital management for me

Mina Hanna 09/20/2017

An answer to RUPESH VERMA's comment

Dear Rupesh Verma,

Your order was filled partially because of a slippage control. We had not had enough liquidity required within 200 pips from the current market price after the news release. Please learn more about max slippage limits:

FXOpen Trading Desk

FXOpen 09/20/2017

Alert!!! when u excute u trade

Trading Account no :974085
Executed trade no #110673143

I had raised a ticket also 268576
My trade was not executed correctly what I had placed sell order USDJPY lot size 0.20 My order was executed opened & modify with lot size 0.01 sell only, where is the remaining 0.19 size lot sell gone, how this could happened, purposely done this by Trading desk department, from lot size 0.20 how it is possible that order is executed with only 0.01 lot size

please give my sell 0.19 size lot or modify my order to sell 0.20 lot size

RUPESH VERMA 09/04/2017

Fxopen is a Kohinoor Diamond

I have traded with more than 20 brokers but I satisfied with only FxOpen. In three years I no got problems with withdraw, requote, customer care etc.
1. They never hit stop loss up to 0.0001 point.
2. Withdraw by alternate payment methods.
3. No requotes.
4. No unnessery spikes compare with other brokers mt4
5. Fast customer support
6. Low spread (STP)
I want one more facility from FxOpen. Please add auto withdraw options example exness provides that autopayment option. So iI can withdraw in sat Sunday . that's all.
In my experience FxOpen is one of Precious Gem in Forex World.

Sivagurunathan 03/23/2016

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.

LIMAFX 04/22/2014


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



'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 or 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 05/23/2011

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 04/19/2011

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 04/18/2011

FxOpen under major DDOS attack, is unavailable

To those who cannot access the main page at, 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 or main page and cabinet are the only parts of our site affected. MT4 servers are not affected at all by the attack.

FxOpen 03/24/2011 DOWN for 2 days


the & 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 03/23/2011

FxOpen freezes their server and manipulate data history



John Indonesia 03/18/2011

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 03/13/2011

You benefited unfairly from the FxOpen's server error


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 03/11/2011

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.


Deb 03/10/2011

It helps if you communicate with FxOpen

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

@Mark - USA: You have evidence? Please email me

@hans_defretes - Indonesia: Ask your "friend" to contact me

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

FxOpen 03/07/2011

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 03/06/2011

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 03/05/2011

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 ( or use FXOpen Live Chat to get immediate assistance

Best Regards, FXOpen Support Team

Deb 03/04/2011

FXOpen is fully complying with the request from the CFTC


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 02/23/2011

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 02/22/2011

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 02/22/2011

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 02/22/2011

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.



Deb 02/21/2011

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 01/30/2011

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

FxOpen 01/12/2011

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 12/06/2010

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 10/29/2010

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 10/12/2010

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 :

cda08 11/22/2009

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 11/22/2009

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, 11/01/2009

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.

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, 11/01/2009

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, 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 08/27/2009

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 08/27/2009

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, 08/27/2009

FxOpen Scam: Screenshot of unauthorised transactions


CYRUS and adam may be clone

look out my screenshoot

anang 08/27/2009

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, 08/27/2009

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 08/27/2009

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, 08/27/2009

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 08/27/2009

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, 08/27/2009

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 08/27/2009

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, 08/27/2009

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, 08/27/2009

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, 08/27/2009
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