FXOpen reviews




Average: 4.5 based on 9 reviews
4.5

FXOpen

Follow discussion about FXOpen


Website: http://www.fxopen.com

FXOpen Forex broker reviews


FXOpen claims to provide the following advantages:

  • Unique combination of Retail Forex Trading and Real ECN/STP
  • Currency Trading Online with Level II on MT4 with FXOpen.
  • Spreads starting from 0.5 pips on EURUSD
  • Leverage from 1:1 to 1:500
  • Micro accounts from $1, ECN accounts from $1000
  • Standard accounts from $25
  • Islamic accounts, PAMM accounts
  • A wide range of financial tools
  • Trading terminal MetaTrader 4



FXOpen is regulated and audited by:
Global Business License issued by the Financial Services Commission (FSC) of the Republic of Mauritius.


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REVIEWS & RATINGS

Rating interpetation



Avel,USA

February 18, 2010



3 years Total
1 year with this Broker
4


I am from United States and it is well known that last NFA modifications forced many US traders to search for offshore companies.By my opinion FXOpen is a well trustable place to trade, fair trading terms and high reputation among offshore companies. I trade with them for a year now.


RahmanSL - Malaysia

January 13, 2010



Demo Accounts 3+ Months Total
Demo Account & their Forum approx 1 month with this Broker
4


I have been all over their forum for about a month now and I have to say they really are a bunch of very helpful guys & gals there.
For the many problems encountered by their Clients who highlighted that in the forum, FXopen Moderators are very pro-active in resolving these problems (e.g. late credit of bonuses, withdrawals, deposits, trading platform, etc.)..and I get a smile or two reading some very impatient Client who pester moderators for action even though the processing time was advised to them in the forum. Then after getting their bonuses, withdrawals, etc these clients then thank the moderator who are as cool as cucumbers and reminded them to be patient the next time round.

Another plus is that FXopen's forum cater for all nationalities and the forum is alive with many languages & nationalities. So if your English is not that hot, chances are you can find it in their forum where someone or one of their moderators will most certainly help you out with your problems.

I left out 1 star for FXopen because, 1) I am not yet Live with them, and 2) some of their spreads can be more competitive.

But I would certainly recommend anyone for a trust worthy broker as, in my opinion, FXopen is a very genuine Forex Broker.

RahmanSL


Volodya,Russia

December 22, 2009



2 years Total
1 month with this Broker
5


I received bonus plastic card for 100 dollars from Moscow forex expo from Fxopen.Since then I deposited some of my money and trade with them.It has better services than many brokers like faster server and better support.


Phang

November 8, 2009



1 year Total
1 year with this Broker
5


I have not big experience in forex and i using before 3 company but Fxopen is good one because very fast payments and good support.


Magnet,USA

November 3, 2009



7 years Total
5 months live standard, 1 month live ECN with this Broker
4


As everyone know there are lot of changes in US forex industry nowadays which forced me to move my capital out of the country. FXOpen is one of my choices. I deducted one star due to offshore regulation of this broker but I like to mention that I didn't face any troubles trading with them for a 5 months period. Since they added ECN service I am sure that I will stay with them for a long period.


Damir, Croatia

August 1, 2009



5 years Total
3 month live. with this Broker


This is one of the best broker i am trading, well the best broker from pro perspectiv is dukas, but fxopen is one of the few best wright now.
Never had problem with platform, never had problem with withdraw , never had problems with support.

Regards Damir


Tan Lin

July 8, 2009



2 Total
4 months with this Broker
5


I try their ecn account live and making a lot of scalping. all i can say is wow and wow the speed is fantastic and most of the time very small spreads. i recomend them very much.


Iskandar, Malaysia

June 24, 2009



2 years Total
2 months with this Broker
4


Very fast account approval..I made it in two hours..deposit very fast..also about two hours..withdrawal..not yet..but this broker not suitable for scalping because quiet slow in executions..


Shamsul from Malaysia, Sabah

June 19, 2009



several years Total
over one year with this Broker
5


Salam everyone who going to read this.I woul like to share some experience with FXopen.These guys give good trading conditions and reliable support. I have to mention that all financial operations are very fast and mostly in automatic way. Me and my friends have visited ForexExpo which took place in KLCC a week ago and I would like to say that FXopen booth and staff was the best among al participants also we had a chance to speak with FXO representatives face to face, good experience.
To Forex Guru I want to say that I am FXopen supporter because they do good job not just brokerage but building strong Malay comunity.