FXOpen Markets Limited
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FXOpen Markets Limited
Minimum deposit ($)
1.0
Commission
1.5
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals
5
Minimum lot size
0.01
Maximum lot size
1000.0
Spread
Variable
Broker type
STP, ECN, NDD
Maximal leverage (1:?)
500
Phone
+64 9 801 0123
Fax
-
Availability
Phone, Chat, Email, FAX
Email
Address
Charlestown, Nevis
Regulation
FCA (UK), ASIC (Australia)
Trading Platforms
MetaTrader 4, Web Platform, Mobile Platform, AutoTrade
Funding/Withdrawal methods
Wire Transfer, Credit Card, Debit Card, Cash, Perfect Money, WebMoney, cashU, Neteller, UnionPay, Skrill, Netbanx, Okpay, FasaPay, Qiwi, Bitcoin, AliPay, WeChat Pay
Account Currency
USD, GBP, EUR, CHF, JPY, RUR, SGD, AUD, GLD, BTC
Languages
English, Spanish, French, German, Portuguese, Japanese, Italian, Russian, Mandarin, Chinese, Indonesian, Malay, Thai, Arabic, Malay, Farsi
Country
New Zealand
International offices
Australia, New Zealand, Russia, United Kingdom, Ukraine
Trading platform(s) timezone
(GMT +3:00) Baghdad, Riyadh, Kaliningrad
Other trading instruments
Indices, Commodities, Energies, CFDs, Cryptocurrency
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? 😲 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 ?? 😁
Member Since Jun 26, 2010
2 posts
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
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
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? 😲 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 .
Feb 17, 2011 at 03:10
Captn_Calico posted:
berus posted:
susan88 posted:
1 Hour Test on DEMO acc .............hmmmmm, Interesting.......🙄
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)😲
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.........😄
Member Since Mar 14, 2010
7 posts
Feb 17, 2011 at 02:24
berus posted:
susan88 posted:
1 Hour Test on DEMO acc .............hmmmmm, Interesting.......🙄
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)😲
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.
Feb 16, 2011 at 19:39
susan88 posted:
1 Hour Test on DEMO acc .............hmmmmm, Interesting.......🙄
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)😲
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 😁
ops they forgot stopps loss but this isn't a problem 😂
😁😁
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 😁
i read here that someone say they are good
.. may be, but not today not in demo ecn server
Feb 16, 2011 at 17:45
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 😁
ops they forgot stopps loss but this isn't a problem 😂
😁😁
if u mean the stop loss area become red.
i always see that, when my stop loss <= 10 pips ( 4 digits) from current Price
Feb 16, 2011 at 16:59
(edited Feb 16, 2011 at 17:00)
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 😁
ops they forgot stopps loss but this isn't a problem 😂
😁😁
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 😁
ops they forgot stopps loss but this isn't a problem 😂
😁😁
Member Since Jan 19, 2011
1 posts
Jan 19, 2011 at 21:56
(edited Jan 19, 2011 at 21:57)
I use std. acc. fxopen . Pray this time I meet good broker. Till now all work good so far. Long time in the market catch a eye. Not everything is perfect but is not perfect at all at fx brokers. 8 of 10
Jan 12, 2011 at 04:57
Touareg posted:
SniperNCE posted:
I tested now the 'mico' account live.
Good thing is that you can trade 0.001 lots. really bad are the many requotes and at low volume and news the spreads widen up extremly. Actually at asia session the eur/aud has 30 Pips spread(!!!) EUR/USD 9 Pips.
Are you sure you can trade 0.001 ..? 😱
My account only can trade 0.10 ( minimum lots ) ... 😐
Becarefful they just change my leverage from 1:500 to 1:100 without email notification, i don't know if you have that kind of experience 😈
YEAH TOUAREG, IT HAPPEN THAT FXOPEN ONLY ALLOWED AS MIN AS 0.1LOT ONLY..
ABOUT YOUR LEVERAGE.. FXOPEN NOTE THAT LEVERAGE WILL CHANGE TO 1:100, JUST ALWAYS FOLLOW THE UPDATE ON THE SITE..
Jan 12, 2011 at 04:40
Scarface posted:
Hi,
what's up??
well, if you want to know my opinion about this broker, you need to be far away from the screen a little because I would say it is ... SCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCAM.😁
You need to be very careful. They will get you anyways and ripe you off. At last, you have no money and would regret the day you knew them.
Best of luck.
Scarface
HELLO TO SCARFACE,
YEAH, PLEASE SUBMIT ANY SCAM INFO YOU HAVE ON FXOPEN..HERE, NO PROBLEM WHATSOEVER, WITHDRAW IS FAST..
Jan 10, 2011 at 11:58
Touareg posted:
SniperNCE posted:
I tested now the 'mico' account live.
Good thing is that you can trade 0.001 lots. really bad are the many requotes and at low volume and news the spreads widen up extremly. Actually at asia session the eur/aud has 30 Pips spread(!!!) EUR/USD 9 Pips.
Are you sure you can trade 0.001 ..? 😱
My account only can trade 0.10 ( minimum lots ) ... 😐
Becarefful they just change my leverage from 1:500 to 1:100 without email notification, i don't know if you have that kind of experience 😈
Yes I meant:
1 std lot usually is 100,000 but on the micro 1 lot is 1,000 .. so 0.1 is 0.001 std lot = 100
Jan 10, 2011 at 02:07
SniperNCE posted:
I tested now the 'mico' account live.
Good thing is that you can trade 0.001 lots. really bad are the many requotes and at low volume and news the spreads widen up extremly. Actually at asia session the eur/aud has 30 Pips spread(!!!) EUR/USD 9 Pips.
Are you sure you can trade 0.001 ..? 😱
My account only can trade 0.10 ( minimum lots ) ... 😐
Becarefful they just change my leverage from 1:500 to 1:100 without email notification, i don't know if you have that kind of experience 😈
Dec 28, 2010 at 01:30
I tested now the 'mico' account live.
Good thing is that you can trade 0.001 lots. really bad are the many requotes and at low volume and news the spreads widen up extremly. Actually at asia session the eur/aud has 30 Pips spread(!!!) EUR/USD 9 Pips.
Good thing is that you can trade 0.001 lots. really bad are the many requotes and at low volume and news the spreads widen up extremly. Actually at asia session the eur/aud has 30 Pips spread(!!!) EUR/USD 9 Pips.
