FXOpen
FXOpen is a true ECN forex and CFD broker founded in 2005, offering access to 700+ instruments across forex, stocks, indices, commodities, metals, energies, cryptocurrencies, and ETFs. With nearly two decades of operation and regulation by the FCA (UK) and CySEC (Cyprus), FXOpen has built a reputation for transparent pricing, genuine ECN execution, and competitive tiered commission structures starting from $1.50 per lot for high-volume traders.The broker supports MetaTrader 4, MetaTrader 5, TradingView, and its proprietary TickTrader platform with Level 2 market depth. FXOpen caters to algorithmic traders with full EA support, FIX API access, and a free VPS for qualifying accounts. Its PAMM system enables copy trading, allowing investors to follow experienced fund managers. With ECN spreads from 0.0 pips, multiple account tiers, and Islamic accounts available, FXOpen is well-suited for cost-conscious and experienced traders seeking raw market access.FXOpen offers a wide range of account types from Micro ($1 minimum) to Elite ECN ($250000+), making it accessible to both beginners and professionals. UK clients benefit from FSCS protection up to £85,000, while EU clients are covered by the ICF up to €20,000.
MetaTrader 4
MetaTrader 5
TradingView
Trust & Safety
| Segregated Funds | Yes |
| Negative Balance Protection | Yes |
| Compensation Scheme | Up to £85,000 under FSCS (UK), Up to €20,000 under CySEC ICF |
| Founded | 2005 |
| Headquarters | United Kingdom |
Trading Costs
| EUR/USD Spread | From 0.0 pips (ECN), From 1.1 pips (STP) |
| Commission | From $1.50/lot/side (ECN Elite) to $3.50/lot/side (ECN Basic), None (STP) |
| Islamic Account | Yes |
| Inactivity Fee | $10/month after 90 days of inactivity |
| Deposit/Withdrawal Fees | Bank wire $30-50 withdrawal. Card withdrawals free up to £1000. E-wallets 0.5-1%. Crypto network fees only |
Trading Conditions
| Max Leverage | 1:500 (Global), 1:30 (EU/UK retail) |
| Minimum Deposit | $1 (Micro), $10 (STP), $100 (ECN) |
| Execution Type | ECN |
| Stop Out Level | 50% |
| Margin Call Level | 100% |
| Min Lot Size | 0.01 |
| Instruments | 55+ Forex 600+ Stocks 12 Indices 15 Commodities 3 Metals 3 Energies 40+ Crypto 33 ETFs |
| Currency Pairs | 55+ |
Platforms & Tools
| Platforms | MetaTrader 4 MetaTrader 5 TradingView |
| Mobile App | Yes |
| Copy Trading | Yes |
| EA/Algo Trading | Yes |
| Free VPS | Yes |
| API Access | Yes |
| Education Resources | Market Analysis Articles Trading Guides Video Tutorials Glossary |
| Research Tools | Economic Calendar Market Analysis Pip Calculator Margin Calculator Commission Calculator Dividend Calendar |
Account & Support
| Account Types | Micro STP ECN PAMM ECN Islamic Demo |
| Base Currencies | USD EUR GBP CHF JPY AUD SGD |
| Payment Methods | Credit/Debit Cards (Visa Mastercard) Bank Wire FasaPay WebMoney Crypto (Bitcoin USDT Ethereum Litecoin) |
| Withdrawal Speed | Same day (e-wallets/crypto), 2-5 days (cards), 3-5 days (bank wire) |
| Support Hours | 24/5 |
| Best For | Low Spreads Scalping Algo Trading Day Trading Copy Trading Low Deposit High Leverage Swing Trading News Trading Hedging Zero Spread No Commission Professional |
| Restricted Countries | United States Australia Japan Belgium North Korea Iran Syria Yemen Iraq Afghanistan Myanmar Libya Sudan Somalia Cuba |
How does it compare?
Compare FXOpen against other forex brokers.
User Feedback
There are no trader reviews for this broker yet. If you have traded with them, be the first to leave a short, honest review and help other traders.
Share Your Experience
Short, honest feedback helps other traders understand what it is really like to trade with this broker.
