FXOpen Broker

FXOpen Broker Profile
FXOpen


General Information
Broker Name: FXOpen
Broker type: STP   ECN   NDD  
Country: New Zealand
Operating since year: 2003
Number of employees: 200
International offices: Australia , New Zealand , Russia , United Kingdom , Ukraine
Regulation: FCA, ASIC
Address: Auckland, New Zealand
Broker status: Broker   
Accepting US clients? No
Account Options
Account currency: USD, GBP, EUR, CHF, JPY, RUR, SGD
Funding/Withdrawal methods: Wire Transfer, Credit Card, Debit Card, Cash, Moneybookers, Alertpay, Perfect Money, WebMoney, cashU, Neteller, UnionPay, Skrill, Netbanx, Okpay, FasaPay
Swap free accounts: Yes
Segregated accounts: Yes
Interest on margin: No
Managed accounts: No
Accounts for money managers (MAM, PAMM): Yes
Customer Service
Phone: +64 9 801 0123
Fax:
Email: sales@fxopen.com
Languages: English, Spanish, French, German, Portuguese, Japanese, Italian, Russian, Hebrew, Mandarin, Chinese, Polish, Indonesian, Malay, Lithuanian, Thai, Arabic, Vietnamese, Korean, Malay, Farsi
Availability: Phone, Chat, Email, FAX
Trading
Trading Platforms: MetaTrader 4
Trading platform(s) timezone: (GMT +3:00) Baghdad, Riyadh, Kaliningrad
Demo Account: Yes  
Mobile trading: Yes
Web based trading: Yes
API: Yes
OCO orders: No
Trading over the phone: Yes
Hedging allowed: Yes
Trailing stops: Yes
One click trading: Yes
Bonuses: Yes
Contests: Yes
Other trading instruments: Indices, Commodities, Energies, CFDs
Account
Minimum deposit ($) 1.0
Maximal leverage (1:?) 500
Minimum lot size 0.01
Maximum lot size 1000.0
Commission 1.5
Spread Variable
Decimals 5 decimals
Scalping allowed Yes
General information about FXOpen
FXOpen was founded in 2003.

FXOpen is one of the largest Forex brokers in the world enjoying unprecedented client base growth due to innovative, unique services, reliable trading conditions, and strong customer support principles.

FXOpen offers different types of accounts for traders with different trading styles, objectives, starting capital, experience and skills:

- ECN accounts
- STP accounts
- PAMM accounts (PAMM ECN and PAMM STP)
- Micro accounts
- Crypto accounts (to trade Bitcoin, Litecoin, and Namecoin)

FXOpen offers an ECN-integrated MT4 trading platform, compatible with algorithmic trading.

FXOpen keeps to a no dealing desk (NDD) business model using liquidity of major banks, hedge funds, and other financial organizations. The company’s customers are allowed trading directly in the interbank market (also referred to as direct market access or DMA). NDD model enables leverage speculations and sets no restriction on application of trading strategies.

The company supports e-Sports and helps to organize and promote the FXOpen Path of Ascension and similar e-Sports championships. FXOpen has its own StarCraft II professional team. FXOpen sponsored the StarCraft II championship winning team in the 1st Hong Kong e-Sports Tournament.

The company is a sponsor of motorsports activities, in particular, drifting.

The company organizes and promotes regional Forex championships in the framework of the ForexCup project. The Championships were held in China, Russia, and Ukraine.
API Weekly Crude Oil Stock (1h 44min)
GBP/USD bounces off lows 30-pips; FOMC '...(8 min ago)
EURUSD 1.05651 GBPUSD 1.24547
USDJPY 113.116 USDCAD 1.31654
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.