FXOpen has been warned by the CVM and the NSSMC for carrying on unlicensed activities.
FXOpen
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Score
Business Scope
7.4
Trading Cost
6.5
Trading Platforms
6.6
Support
6.5
Licence Status
get an FCA license
A A A
FCA 579202
A
CySEC 194/13
Authorised
Authorised
Contact
fazli
If you lost pin code,request to support and when you answer the security question then you will recover it. I do it.
Mjaro
I opened an account in FXopen 2 months ago.All the comments here help me make the decision.Thank you guys! I can make sure that all said about this company is true.
Dennis Christoforidis
FXOpen is the best ECN broker I have traded with,its metatrader platform is very steady.I choose the broker because reliable trading is a must for me.
Broker News
CySEC Suspends Voting Rights of FXOpen Shareholder Following His Arrest
Oct 31, 2024
FXOpen's sole shareholder, Aliaksandr Klimenka, is currently facing several charges in the U.S. with money laundering conspiracy and operating an unlicensed money services business.
FXOpen's FY22 Revenue Up 5.5%, Loss Narrowed
Jan 16, 2024
The broker reported a turnover of £645,643 and a net loss of £338,651.
Malaysian SC Adds FXOpen to Its Investor Alert List
May 23, 2022
In an alert on May 18, the Securities Commission Malaysia (SC) has added three forex brokers to its Investor Alert List.
Account Type
7.0
Good
Multiple account types with high leverage
Features
Trading Platforms
MT4,
MT5
Min Deposit
300 USD/ 300 EUR/ 300GBP
Max Leverage 1 : 500
Min Trade Volume
0.01 Lots
Margin Call Level 100%
Stop Out Level 50%
Commission
0 USD
Spread Type
Variable Spread
Account Currencies
GBP,
EUR,
USD
Trading Instruments
CFDs,
Forex/Currencies
EA
Hedging
Scalping
Negative Balance Protection
Islamic
Deposit and Withdrawal
6.6
Average
support Visa & Mastercard
Features
Company and Service
7.4
Good
a reliable broker with fast order execution
Features
Profile
Headquarters Address
FXOpen
80 Coleman Street, London, EC2R 5BJ, UK
Founded 2003
Broker Type
STP,
ECN
Time Zone GMT
Credit Profile No information
Trading Platforms
MT4
Mac,
Windows,
iOS,
Android,
Webtrader
MT5
Mac,
Windows,
iOS,
Android
Contact
No Data
Others
Website Language
Chinese,
English,
Russian,
Spanish
Customer Service By
Phone,
Email,
Live Chat,
Facebook,
Twitter,
LinkedIn,
WhatsApp
Supported Language
Chinese,
English,
Russian,
Spanish
Why FXOpen?
- Wealth of Experience
Operating since 2005, FXOpen understands the intricacies of forex and CFD trading, empowering you to navigate the market with confidence. - Trader-Centric Approach
Founded by traders, for traders, FXOpen prioritises your needs, ensuring a seamless and rewarding trading experience tailored to you. - Make Your Money Go Further
Enjoy low-cost trading with spreads from 0.0 pips and commissions starting from $1.50 per lot. Our ECN account offers the most cost-effective FX trading with no fixed spreads or additional pips.
Our Advantages
- High Leverage
With maximum leverage up to 1:500, seize market opportunities and amplify your trading strategies to reach new levels of success. - Competitive Spreads
Enjoy tight spreads starting from 0 pips, to maximise your trading potential and minimise costs. - Advanced Price Aggregating ECN Technology
Experience the power of FXOpen's advanced price aggregating ECN technology, providing optimal trading conditions and lightning-fast execution for your trades. - 600+ Markets Offered
Explore a vast range of opportunities, with access to over 600 markets, including FX, index, commodity, crypto, share and ETF CFDs. - A Range of Popular Trading Platforms
Choose from FXOpen's own advanced multi-asset trading platform TickTrader, or the powerful charting and social trading platform, TradingView.
Business Model
At FXOpen, all accounts operate the ECN model to connect traders directly to the interbank market. There is no intervention from FXOpen, ensuring a seamless trading experience free from dealing desks or requotes. You will enjoy lightning-fast execution and deep liquidity, which is particularly advantageous for scalping, high-frequency, and automated trading strategies.
FXOpen offers a comprehensive suite of features to enhance your trading experience. Our PAMM technology allows clients to leverage the strategies of seasoned traders with proven track records, ensuring automatic distribution of profits and losses between strategy providers and followers. Additionally, we welcome Islamic traders, providing SWAP-free accounts to facilitate forex trading in compliance with Sharia law.
True ECN Model
In the FXOpen ECN, every participant, regardless of account size, enjoys equal rights in order execution. Moreover, all ECN members have the flexibility to function as both liquidity providers and receivers, fostering a truly fair and transparent trading environment.
Our business model, coupled with the technology underpinning the FXOpen ECN, ensures our clients access aggregated liquidity from diverse participants in the forex market. This setup empowers FXOpen's clients to execute large volume orders seamlessly, benefiting from tight spreads from 0.0 pips and a highly liquid trading environment with market execution.
Overall Score
6.3
95 Reviews
Cost 6.5
Platforms 6.6
Deposit & Withdrawal 6.6
Customer Support 6.5
Indicates the average level of Brokers
Keywords for selection
Fast Execution
Deposit/Withdrawal Problems
Reliable & Reputable
Recommend
Stable Server Connection
Low Spreads
Educational Materials
Mobile Trading Supported
Fast Deposit/Withdrawal
Regulated & Licensed
Trading Conditions
Slippage Problems
Satisified
Good/Professional Customer Support
Responsive Customer Support
95 Reviews Clear filter
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hrtgefd
Trading on FXOpen often comes with heavy slippage—stop-loss orders don’t trigger properly. Withdrawals are slow, and support just says “system delay.”
Nov 17, 2025
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Mengay
Deposit & withdrawal charges are too high. Spreads and execution time are perfect.
Sep 18, 2025
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Lothar
Normal company, but there is room for improvement and development. I hope that the suggestions and wishes of clients will be treated with understanding.
Jul 29, 2025
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Marcus
After trading with them for 5 years i can say that this broker is Reliable and my orders get executed without any slippages.I am thankful to them because of the ECN trading conditions that they provide.
Feb 28, 2025
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Edmund Edwards
I've been trading with FXOpen for many years and their execution is fantastic. A highly trusted broker for me.
May 15, 2024
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Okullo Robert
Initially I started trading with other brokers but then swtiched to FXOpen.I have much experience with the Forex Brokers.I have made good profits with the companmy.Their trading technology is superior and the platform is worth trying,I think.
May 10, 2024
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Pitso Johannes Pitso
I like the learning materials they have!!
Apr 26, 2024
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destiny
FXOpen provides security with many regulations from all around the world, so why not?
Apr 24, 2024
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dhafer
Excellent company, withdrawal of money fast.
Apr 22, 2024
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SJ
I choose the broker after a long time of consideration,I had an interest in trading a few years ago but just started recently. Now I am at the testing stage. If there are any recommendations for a newcomer, I will be glad to hear. Thank you!!
Apr 15, 2024
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Risk Warning
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
Disclaimer
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.