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.
Frequently Asked Questions
Does FXOpen accept traders from all countries?
FXOpen is headquartered in United Kingdom and regulated by FCA (UK), CySEC (Cyprus). While FXOpen accepts traders from most countries worldwide, the following countries are restricted:
United States, Australia, Japan, Belgium, North Korea, Iran, Syria, Yemen, Iraq, Afghanistan, Myanmar, Libya, Sudan, Somalia, Cuba
Country restrictions are primarily due to regulatory requirements, sanctions, and local financial laws. Availability may also vary depending on which FXOpen entity you register with. Restrictions can change — verify your eligibility at FXOpen official website.
How quickly can I open an account and start trading at FXOpen?
Getting started with FXOpen is straightforward. Here's what you need to know:
Minimum Deposit: $1 (Micro), $10 (STP), $100 (ECN)
Account Types: Micro, STP, ECN, PAMM ECN, Islamic, Demo
Platforms: MetaTrader 4, MetaTrader 5, TradingView
Base Currencies: USD, EUR, GBP, CHF, JPY, AUD, SGD
To get started:
1. Register online and verify your identity
2. Choose your account type and base currency
3. Make your first deposit (minimum $1 (Micro), $10 (STP), $100 (ECN))
4. Download your preferred trading platform
5. Start trading
Open your account in minutes — start the registration at FXOpen official website.
Should I choose FXOpen as my forex broker?
FXOpen is best suited for: Low Spreads, Scalping, Algo Trading, Day Trading, Copy Trading, Low Deposit, High Leverage, Swing Trading, News Trading, Hedging, Zero Spread, No Commission, Professional
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.
See if FXOpen matches your trading needs — explore their full offering at FXOpen official website.
What country is FXOpen headquartered in?
Here's the company background for FXOpen:
Headquarters: United Kingdom
Founded: 2005
Customer Support: 24/5
Contact details, office locations, and live chat support are on FXOpen official website.
What market research tools are included with a FXOpen account?
FXOpen provides a comprehensive set of educational and research tools:
Education Resources: Market Analysis Articles, Trading Guides, Video Tutorials, Glossary
Research Tools: Economic Calendar, Market Analysis, Pip Calculator, Margin Calculator, Commission Calculator, Dividend Calendar
Access free webinars, tutorials, and research tools on FXOpen official website.
How does FXOpen Trustpilot rating compare to other brokers?
As of June 26, 2026, FXOpen has a Trustpilot rating of 3.7 out of 5, based on 449 reviews.
This rating reflects real trader experiences with FXOpen's execution, customer service, withdrawals, and overall platform quality. You can read individual reviews on the FXOpen Trustpilot page.
See how FXOpen compares to alternatives and explore their current offerings at FXOpen official website.
Can I deposit with a credit card at FXOpen, and how long do withdrawals take?
Here are the deposit and withdrawal details at FXOpen:
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)
Fees: Bank wire $30-50 withdrawal. Card withdrawals free up to £1000. E-wallets 0.5-1%. Crypto network fees only
Processing times per payment method and current fee schedules are on FXOpen official website.
What social trading platforms does FXOpen integrate with?
Is copy trading available at FXOpen?
✅ Yes
Supported Platforms: MetaTrader 4, MetaTrader 5, TradingView
Browse available signal providers and copy trading settings on FXOpen official website.
Is FXOpen good for algo trading, and do they offer VPS hosting?
FXOpen fully supports automated and algorithmic trading:
Expert Advisors (EAs) Allowed: ✅ Yes
Free VPS: ✅ Yes
API Access: ✅ Yes
EA setup guides, VPS specifications, and API documentation are on FXOpen official website.
Does FXOpen support trading in stocks, indices, and commodities?
FXOpen offers a wide range of tradable instruments across multiple asset classes:
Instruments: 55+ Forex, 600+ Stocks, 12 Indices, 15 Commodities, 3 Metals, 3 Energies, 40+ Crypto, 33 ETFs
Currency Pairs: 55
Minimum Lot Size: 0.01
The full instrument catalog with contract specifications is on FXOpen official website.
How many account types does FXOpen have, and what are the differences?
FXOpen offers the following account types:
Account Types: Micro, STP, ECN, PAMM ECN, Islamic, Demo
Is an Islamic (swap-free) account available?
✅ Yes — Swap-free accounts do not charge or receive overnight interest, making them suitable for traders who follow Islamic finance principles.
Compare account features, spreads, and commissions side by side on FXOpen official website.
What charting platforms does FXOpen support?
FXOpen supports the following trading platforms:
Platforms: MetaTrader 4, MetaTrader 5, TradingView
Mobile App: ✅ Yes
Download links, system requirements, and platform setup guides are on FXOpen official website.
What is the cheapest way to fund an account at FXOpen?
Here are the deposit requirements and fees at FXOpen:
Minimum Deposit: $1 (Micro), $10 (STP), $100 (ECN)
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
Base Currencies: USD, EUR, GBP, CHF, JPY, AUD, SGD
Current deposit methods, processing times, and fee schedules are on FXOpen official website.
How does leverage work at FXOpen, and when does a margin call trigger?
FXOpen offers the following leverage and margin settings:
Maximum Leverage: 1:500 (Global), 1:30 (EU/UK retail)
Margin Call Level: 100%
Stop Out Level: 50%
Leverage limits per instrument and jurisdiction are detailed on FXOpen official website.
What is the cost structure at FXOpen for forex trading?
At FXOpen, the EUR/USD spread starts from From 0.0 pips (ECN), From 1.1 pips (STP). The commission structure is: From $1.50/lot/side (ECN Elite) to $3.50/lot/side (ECN Basic), None (STP).
FXOpen operates on an ECN execution model. This means there is no dealing desk intervention — your trades are matched directly with liquidity providers, reducing slippage and ensuring transparent pricing.
See the complete fee breakdown per account type at FXOpen official website.
Which regulators oversee FXOpen, and are there any investor protection schemes?
FXOpen operates under the oversight of FCA (UK), CySEC (Cyprus). These regulatory bodies enforce strict capital adequacy requirements, regular audits, and transparent business practices.
Fund Segregation: ✅ Yes
Negative Balance Protection: ✅ Yes
Investor Compensation: Up to £85,000 under FSCS (UK), Up to €20,000 under CySEC ICF
Verify current regulatory licenses and fund protection measures directly on FXOpen official website.
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