FXOpen Reviews Read Customer Service Reviews of www fxopen.com 3 of 14

MT4 includes many other features such as a news calendar, real time quotes, history centre, one click xcritical scammers trading and much more. I personally love the news calendar and history centre in aiding my trading decisions. You simply download the platform for free, install it, and login to your FXOpen trading account.

• This is not unusual since the USA is pretty strict in their financial regulations.
• FXOpen has many communication channels, including email, phone, and live chat.
• Local phone numbers are offered in Russia, New Zealand, Germany, and France.
• FXOpen is a very good and reliable Forex broker for Professional Forex trading and my trading experience with them has been very positive.
• A reliable brokerage firm, with whom I have been trading for several years, stands out for its solidity and trustworthiness.

Broker Contests

FXOpen provides a wide range of trading platforms tailored to various trader needs, such as asset choice and support for automated trading (EAs). Yes, FXOpen’s ECN technology ensures fast execution with spreads starting from 0.0 pips and low commissions. This setup appeals especially to day traders and high-frequency traders seeking precision, reliability, and access to real-time market pricing. A reliable brokerage firm, with whom I have been trading for several years, stands out for its solidity and trustworthiness. Low trading costs and dependable customer support are its hallmarks.

FXOpen Exposure or Leverage

Funds are assigned to a PAMM and separated such that they cannot be utilised for any other purpose than the PAMM. PAMM accounts help followers since they may profit from another trader’s trading without conducting the analysis and monitoring of positions themselves. However, there can be no guarantee on results and past performance is not an indication of future results. All online investing and trading carries risks that you should be fully aware of. Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices.

• The strategy tester allows you to back test EAs over historical data.
• FXOpen has an execution quality certificate from Verify My Trade that compares 5,000 trades per month against a benchmark of other brokers and liquidity providers.
• I didn’t know the difference between Gross and Net account types then, and because FXOpen needed to clarify it, I had to contact live chat.

This broker came up with the idea of opening swap-free accounts and supporting beginners by providing micro-accounts. We kindly ask you to provide more details regarding your experience so we can investigate the matter and assist in resolving any issues you may have encountered. Encourage legitimate, satisfied customers to leave honest feedback to maintain the integrity and credibility of your company. Thank you for taking the time to leave a review, we’re delighted you’re enjoying trading with FXOpen. After speaking to our Customer Support team, I understand that we were unable to verify your account with the documents you provided and requested further details from you. FXOpen have certain verification xcriticals and document requirements that we must comply with.

Its ECN (Electronic Communication Network) trading system offers direct market access, allowing you to trade at raw prices provided by banks and liquidity providers. After completing these steps, your FXOpen account will be fully operational. You’ll gain access to tight spreads, ultra-fast execution, and over 700 instruments across multiple asset classes—all through one seamless ECN trading environment. My strategy is scalping and instant execution and tight spreads for the EUR/USD pair are very important. Convenient personal account, withdrawal without problems, convenient trading using the Tradingview platform. However, since no identifying information was provided, and we have no record of you as our client, we are unable to verify your account.

ONLY ON Forex Brokers Reviews

Opening and verification of my account was easy and fast.I had some questions about transfering money. A helpful person answered all my questions and after that all went well. FXOpen is also a member of the Investor Compensation Fund, which protects client funds up to 20,000 EUR, which is on par with CySEC regulated entities.

Customer support, investing and managing PAMM accounts, etc., to traders are also provided. Its educational materials cater to beginners as well as experienced traders. These resources are available in various formats including articles, webinars, and video tutorials. In addition to MT4, FXOpen also supports MetaTrader 5 (MT5), a newer and more advanced version of MT4. MT5 includes all the features of MT4, but adds additional tools such as an economic calendar, enhanced order types, more timeframes, and improved charting capabilities. This virtual combining of the Master’s and Follower’s money enables all PAMM players to have the same trading circumstances.

Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Whilst we try to keep information accurate and up to date, things can change without notice and therefore you xcritical reviews should do your own research.

The standard accounts are ideal for beginner and intermediate traders. These accounts typically feature fixed or variable spreads, with lower minimum deposit requirements, and are suitable for traders who want to trade on a user-friendly platform. For traders who use algorithmic trading strategies or expert advisors (EAs), FXOpen offers Virtual Private Server (VPS) hosting. The VPS ensures that trading systems can run 24/7 without interruptions, ensuring better order execution and reduced latency. The MT4 and MT5 trading platforms, including mobile versions and webtrader versions, are available only as the most basic versions. FXOpen developed the One-Click Trading and Level2 plugin, which enhances order placement.

It is an ECN company that provides trading without intermediaries; clients are also given access to STP and market-maker accounts. Our commission rate varies depending on account equity and monthly trading volume, so the more a client trades, the lower their commission. If your commission structure is not clear, please reach out to our Support team at , where they will be happy to discuss and explain the commission structure with you. Traders can also enhance their trading capabilities with Myfxbook and Zulutrade automated trading systems.

FXOpen claimed to be one of the first to offer ECN trading via MetaTrader 4 (MT4). With FXOpen’s unique proprietary price aggregating technology, their clients can benefit from the industry’s most competitive spreads (from 0 pips) and low trading commissions. For advanced traders, FXOpen offers ECN accounts that provide direct access to the interbank liquidity pool. These accounts feature lower spreads, faster execution, and higher leverage. ECN accounts are ideal for scalpers, high-frequency traders, and those looking for the best market prices.