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FXOpen reviews

Average: 3.2 based on 46 reviews
FXOpen Forex broker reviews
  • Website:
  • Year since: 2005
  • Headquarters: Auckland, New Zealand
  • Company registration: FXOpen NZ Ltd, New Zealand;
    FXOpen AU Pty Ltd, Australia.
  • Regulation: FSPR License Number: FSP192685); is a member of the Financial Dispute Resolution Scheme
    ASIC Australia (ACN 143 678 719, ABN 61 143 678 719);
    FCA UK #579202

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Rating interpetation


June 29, 2016

5 years 6 month Total
4 years start with live account with this Broker

very trusted ... im use a local deposit and lical withdrwal

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Netherlands, Bart

June 20, 2016

3 years Total
2 years LIVE with this Broker

I have an ECN with FXOpen and have had no problems for 2 years of trading with this broker. Its actions are regulated by FCA, which adds more reliability.

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June 1, 2016

20 years Total
20 days with this Broker

stay away
Bucket shop, you can not do anything, by technical problems, of course wen you have to cover trades.
Like the brokers regulated in the Caribbean, scam broker

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January 16, 2016

4 years Total
- with this Broker

FXOpen has a very good conditions, tight spreads and good overall conditions. But the more I trade with them, the more I started to doubt about their real STP/ECN. They have some trading restrictions like max deal size at 60 lots (STP ac) and 10 dollars for STP, really? Besides it, there are sometimes platform freezing and only big slippages, all negative. Is a real make such tricks? I think no, so if you want to get real ECN, I can help you with the right choice, add me in skype vovkfx.

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Nigeria, Ezzyfx

March 19, 2015

8 year Total
5 years live Account with them with this Broker

The first thing that should come to your mind if you want to succeed in forex trading is, registering with a very reliable and guaranteed broker, that is transparent and a safe haven for your invested cash even if your account grow to billions of Dollars your heart will be at rest at any time any day. The broker should have more than 10 deposit and Withdrawer options. The broker should have a very fast deposit and Withdrawer system and a very efficient and quick client support system 24 hours ready. You should use a broker that has a very small spread , eg , EurUsd is 0 or maximum 1 sometimes, and GbpUsd is 1 or maximum 2 sometimes.. The broker must be US or either EU registered ,monitored and Regulated by these two great Government powers .During my yerars of trading forex I have see many fake brokers come and go In my 8 years experience in the Forex market currency trading I have found this broker to be the best of all world Forex brokers click here http://tinyurl.com/nhteqy8

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March 3, 2015

5 Years Total
5 Month with this Broker

just stay away
they delete your entire order and they refer you to their crappy terms condition. pure bucket shop.
if your order make profit, they would delete both order and profit.

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August 11, 2014

2 year (LIVE) Total
2 year with this Broker

Excellent Forex brokerdealer displays while if something is not clear can contact live chat there You definitely omogucio on this broker a long time and not any problems was not. Where only do these negative reviews are not clear. Who is afraid to invest your money you can earn in itself poker club FxOpen on poker stars c real money presumes detailed information you can find them on the forum. Join FxOpen and personally develop all the negative reviews You there is no risk!

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Chile, Juan

October 1, 2013

4 years Total
live ECN with this Broker

I opened with this broker an ECN/STP account with USD 1.085.- After 2 month of profitable trading and USD 3.000.- on my account, my expert advisor suddenly began to repetitive mistakes.... many trades bad.... and of course the market was the same... but I believe they were not happy with highly profitable traders and apply plug-ins, etc, etc to becoming you in a loser. I closed my account and withdraw USD 2.500.-

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Ecuador, Oscar V.

July 23, 2013

5 years Total
2 months live with this Broker

I had a very bad experience with this broker:

They sent me 2 times their infamous "warnings" to stop my trading, because I was using a "Prohibited Strategy" or they would void my gains and suspend my account... I think it is an unethical and unprofessional behaviour because:

1) I asked to them before I open my account and they said: "All strategies allowed, no restrictions for EAs or order open times"
2) They couldn't explain me what exactly is the problem with my strategy, they only point some clause on their T&C (it is an unfair clause against scalping and news trading), even if this clause would be valid, I didn't violate it.
3) They recommend me to try their ECN account with "no restrictions", but what if I win consistently?, would I have the same problem as Kovacs Norbert: http://www.forexpeacearmy.com/forex-forum/guilty-verdicts/20612-guilty-c...

I think we should be able to do more than to write a review against these abusive and unethical brokers..., for now me and maybe some traders who read this review will stay away from this broker...

My account number was: 533289

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barbados grab-it

March 23, 2013

4 years Total
4 years with this Broker

I get my money and bonuses I did not expect. I like the low spreads, high leverage and the ease at which It took to sign up. I don't like then call back .

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Pakistan meg

January 13, 2013

3 Total
1 with this Broker

very good broker, no problem at all , in deposits or withdrawal......best demo contest in the industry....

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Jack, Australia

January 6, 2013

8 years Total
1 month with this Broker

This is the broker to choose if you want to loose all of your money. Australian regulation means nothing they are still as Russian as they will always be. At night you get terrible Russian support and when trading you get slippage that is out of this world. Their model is also pretty stupid, all the do is aggregate other broker feeds this is why slippage is bad and spreads change all the time. Do yourself a favour go with a real Aussie broker not one that is trying to flog their Russian garbage in this Country.

Remember the Lada Niva 4wd, the cheapest car on the road in the 90s... well it was Russian and fell apart after one year....

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September 6, 2012

3 years Total
none with this Broker

I havn't traded with this broker but have been looking at the reviews before deciding who to open an account with. I checked the registered address / head office of this company into google maps and clicked google's yellow man to see the building photo from the street. It shows a average quality house/flat in a residential suburb of Auckland, New Zealand. Looks like the home of my grandma or a car salesperson...not a reputable financial institution.

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August 9, 2012

9 Total
4 with this Broker

Excellent broker. ECN account's spread is the best in the world according LIVE account spread data comparison in myfxbook and my personal experience. They just opened a branch in my country so iam twice happy with segregation of my funds.

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Anwar - Malaysia

June 14, 2012

5 years Total
1 Years with this Broker

Stay away from this broker.
This broker was scam.
The chart move so slowly and they also disable the news at mt4 in order you lose. So The news didn't work.
For years, the chart move so slowly and never get repair from them.
They also often broken the connection of mt4 in order you lose.
They have dirty way to get win.
And if you ask about this to their customer service, the customer service can do nothing.
They always said: wait and wait with no doing something solutions and not responsible with any loosing you have.
I said again, they very dirty.
Stay away from this scam broker.
They're dangerous.

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