FXOpen Markets Limited Review Scores
FXOpen Markets Limited
Overall Score: 3.3 / 5
Total Votes: 185
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FXOpen Markets Limited Discussion
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susan88

Member Since Jun 14, 2010  12 posts Susan (susan88) Feb 16 2011 at 17:51
FXOPEN.......you are my favorite broker, my first love....i saw you in 2005 when you website is so humble, still survive until now, look at you now......BIG and glamours.

You still the Best...............For me at least red

Silver Trader
berus

Member Since Nov 24, 2010  7 posts berus Feb 16 2011 at 18:32

Touareg posted:
    
berus posted:
    after 10 years of trading, after testing many brokers, FXOpen ECN surprise me. when I active a demo account, usually all goes well, otherwise they will not convince you to open an account. FXOpen is honest: after 1 hour of use demo account I've seen things never seen in 10 years but they convince you immediately that they are scam . they are not brokers . FXOpen 'broker' the worst ever seen in 10 years.

Just one example of hallucinatory things happened in 1 hour test:
https://screendash.com/15135

no spikes or other things .I try to close that position for several minutes but they don't want (why ????? it's a demo)
themselves have decided to close it at open price ... LOL lol
ops they forgot stopps loss but this isn't a problem yell
lollol


if u mean the stop loss area become red.
i always see that, when my stop loss <= 10 pips ( 4 digits) from current Price


no no not this
this a closed operation.
they arbitrarily decided to close down my operation at the price of admission. They refused my orders of manual closing from 18:32 ...try retry r-retry ..They closed my operation at 18:42, avoid applying the stoploss... 10 mins ..very quick exectuion aat market price lol

i read here that someone say they are good
.. may be, but not today not in demo ecn server

susan88

Member Since Jun 14, 2010  12 posts Susan (susan88) Feb 16 2011 at 18:45
1 Hour Test on DEMO acc .............hmmmmm, Interesting.......roll

Silver Trader
berus

Member Since Nov 24, 2010  7 posts berus Feb 16 2011 at 19:39

susan88 posted:
    1 Hour Test on DEMO acc .............hmmmmm, Interesting.......roll


Yes was only 1 hour .. I never see a broker sccam o not scam with a so bad demo ..
Normally it is obvious that the performance demo servers are better than real ..
However the question isn' t the time.

FXOpen is probably the most honest and looks just as it is in reality ...In this way I could quickly decide that certainly do not want a broker that in 3 -4 hours refused market orders for 15-20 minutes.

Susan I'm sure for your trading FXOpen it's ok.
Today I am dedicated to the testing FXOpen, Activtrade ... the only that was often locked is FXOpen (locked is the wrong word ..because it simply not execute order or execute within 10 min ..but I need more speed), activtrades did not refuse any order( execution within 2seconds).(the same order in the same time)

Gooodbye &Good night (my test fxopen it's closed ... I don't understand how some one can use this broker for a demo contest ...but all in the forex world is possible)eek

Captn_Calico

Member Since Mar 14, 2010  7 posts Capt'n Calico (Captn_Calico) Feb 17 2011 at 02:24

berus posted:
    
susan88 posted:
    1 Hour Test on DEMO acc .............hmmmmm, Interesting.......roll


Yes was only 1 hour .. I never see a broker sccam o not scam with a so bad demo ..
Normally it is obvious that the performance demo servers are better than real ..
However the question isn' t the time.

FXOpen is probably the most honest and looks just as it is in reality ...In this way I could quickly decide that certainly do not want a broker that in 3 -4 hours refused market orders for 15-20 minutes.

Susan I'm sure for your trading FXOpen it's ok.
Today I am dedicated to the testing FXOpen, Activtrade ... the only that was often locked is FXOpen (locked is the wrong word ..because it simply not execute order or execute within 10 min ..but I need more speed), activtrades did not refuse any order( execution within 2seconds).(the same order in the same time)

Gooodbye &Good night (my test fxopen it's closed ... I don't understand how some one can use this broker for a demo contest ...but all in the forex world is possible)eek


I think your assumptions are up-side-down. DEMO is never as good as REAL. When there is REAL money on the line the priority to resolving issues are much greater. In DEMO it's... well.... DEMO... so there is NO REAL money on the line. Sure they try to keep the services running well, but when things break-down (as they always do) in DEMO it's NOT first priority.

Just a word of advice.. never judge a broker by their demo environment.. always judge by a LIVE environment.

That being said, I use the ECN-LIVE and it has been one of the best experiences I've had using a Forex broker. The spreads are extremely tight, and the execution is top notch. I would recommend them to anyone who is looking for a good broker.

I do hope that they take the fight to the CFTC, as they may be the only ones in a position to do so.

As it is with running any business we make money by buying wholesale and selling retail.
susan88

Member Since Jun 14, 2010  12 posts Susan (susan88) Feb 17 2011 at 03:10

Captn_Calico posted:
    
berus posted:
    
susan88 posted:
    1 Hour Test on DEMO acc .............hmmmmm, Interesting.......roll


Yes was only 1 hour .. I never see a broker sccam o not scam with a so bad demo ..
Normally it is obvious that the performance demo servers are better than real ..
However the question isn' t the time.

FXOpen is probably the most honest and looks just as it is in reality ...In this way I could quickly decide that certainly do not want a broker that in 3 -4 hours refused market orders for 15-20 minutes.

Susan I'm sure for your trading FXOpen it's ok.
Today I am dedicated to the testing FXOpen, Activtrade ... the only that was often locked is FXOpen (locked is the wrong word ..because it simply not execute order or execute within 10 min ..but I need more speed), activtrades did not refuse any order( execution within 2seconds).(the same order in the same time)

Gooodbye &Good night (my test fxopen it's closed ... I don't understand how some one can use this broker for a demo contest ...but all in the forex world is possible)eek


I think your assumptions are up-side-down. DEMO is never as good as REAL. When there is REAL money on the line the priority to resolving issues are much greater. In DEMO it's... well.... DEMO... so there is NO REAL money on the line. Sure they try to keep the services running well, but when things break-down (as they always do) in DEMO it's NOT first priority.

Just a word of advice.. never judge a broker by their demo environment.. always judge by a LIVE environment.

That being said, I use the ECN-LIVE and it has been one of the best experiences I've had using a Forex broker. The spreads are extremely tight, and the execution is top notch. I would recommend them to anyone who is looking for a good broker.

I do hope that they take the fight to the CFTC, as they may be the only ones in a position to do so.



I hope you can find a broker that suite your need.........smiley

Silver Trader
berus

Member Since Nov 24, 2010  7 posts berus Feb 17 2011 at 08:56

Captn_Calico posted:
    

I think your assumptions are up-side-down. DEMO is never as good as REAL. When there is REAL money on the line the priority to resolving issues are much greater. In DEMO it's... well.... DEMO... so there is NO REAL money on the line. Sure they try to keep the services running well, but when things break-down (as they always do) in DEMO it's NOT first priority.

Just a word of advice.. never judge a broker by their demo environment.. always judge by a LIVE environment.

That being said, I use the ECN-LIVE and it has been one of the best experiences I've had using a Forex broker. The spreads are extremely tight, and the execution is top notch. I would recommend them to anyone who is looking for a good broker.

I do hope that they take the fight to the CFTC, as they may be the only ones in a position to do so.


Hi,

'Just a word of advice.. never judge a broker by their demo environment.. always judge by a LIVE environment.'

.. yes it's obvious. But test in LIVE ENVIROMENT means that you can lose REAL MONEY if the broker is shit. So before, I must be convinced that they can run a demo server where everything is fake and there is no reason they should not work.
FXopen can't do that.

This morning I re-opent MT4 fxopen active trades ... try to trade ... fxopen again connected
 but don't execute orders --activetrades as any other broker .. execute.

' but when things break-down (as they always do) in DEMO it's NOT first priority.'
Yes true, but why yesterday , today any hour ..the things break down ? ... good broker? eek non this isn't the 'point' .. nothing break down ..only bad servers.

 So if you have money to lose for a REAL test try fxopen ..otherwise stay away.( THE difference beetween actvetrade-fxopen results at now is around 40pip)

I have posted comment about this test only because this test surprised me ..it's the first time in 10 years that I find a so extreme bad demo mt4 ..and now I can say that yesterday was not an exception .

stephen111

Member Since Jun 26, 2010  2 posts stephen111 Feb 17 2011 at 09:06
About FxOpen (Live - Account for about 3 years):

Cant's say much about stability of MT4 - no issues with that, but.

requotes are a real problem
swap rates are way to high
costumer service ist way below decent quality

and worst of all:

they did not manage to make a withdrawal to my bank account in six (6 !!!) weeks. It's always a problem with their bank.

I try to close my account - but as long as they do not send me my money ...

my advice: hands off Fxopen


susan88

Member Since Jun 14, 2010  12 posts Susan (susan88) Feb 17 2011 at 09:20



This morning I re-opent MT4 fxopen active trades ... try to trade ... fxopen again connected
 but don't execute orders --activetrades as any other broker .. execute.

' but when things break-down (as they always do) in DEMO it's NOT first priority.'
Yes true, but why yesterday , today any hour ..the things break down ? ... good broker? eek non this isn't the 'point' .. nothing break down ..only bad servers.

 So if you have money to lose for a REAL test try fxopen ..otherwise stay away.( THE difference beetween actvetrade-fxopen results at now is around 40pip)



hmmmm...are you from activetrades company ?? lol

Silver Trader
berus

Member Since Nov 24, 2010  7 posts berus Feb 17 2011 at 09:27

susan88 posted:
    



hmmmm...are you from activetrades company ?? lol


hhe no , as I said I'm testing them ... if you prefer I delete this name from my posts ( if your are fxopen rapresentativewink or from myfxbook team ..)

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