FXOpen address
FXOpen NZ Limited:
FXOpen Markets Limited
P.O. Box 590
Springates East, Government Road
Charlestown, Nevis
Other partner offices:
Cairo, Egypt
London, England
Paris, France
Warning
CFD trading comes with a high risk of
losing money, it is therefore not for all
investors. Between 74-89% of retail
investor accounts lose money when
trading CFDs.
FXOpen - ECN forex broker
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FxOpen is a broker located on the island of Nevis.
The company was initially launched as an educational center in Cairo (Egypt), back in 2003. Then in 2005 it underwent transformation, becoming a full-fledged broker.
FXOpen now also features an excellent managed account service (PAMM) which combines several accounts into one single account. FxOpen is regulated by the FSPR in New Zealand, the FSA in the UK and the ASIC in Australia.
FXOpen was the 1st company to introduce ECN trading on the MT4 platform, back in 2009. Since then, they have grown their trading environment into a huge marketplace where the orders of professional traders, hedge funds, asset managers are matched against those of retail clients. This business model allows FXOpen to offer robust deep liquidity and consistent execution for all types of trading strategies, HFT and toxic flows included.
FXOpen's technology is aimed at asset managers, professional traders and other brokers. Their client base consists of non-traditional retail clients combined with proprietary market-makers and institutional traders. The company now counts over 700,000 trading accounts and provides access to one of the biggest forex and Bitcoin liquidity pools marked by consistent execution and full trading transparency.
FXOpen's types of accounts, bonuses and spreads
Forex bonuses
$10 Bonus for STP accounts (no deposit required)
To receive this offer: Register an FXOpen e-Wallet and open an STP trading account. Verify your account via SMS.
Bonus withdrawal terms: The bonus is paid once to your first trading account. You cannot withdraw the bonus, but you can withdraw any profit after trading a minimum of 2 lots.
$1 Welcome Bonus for micro accounts
The bonus is paid after a minimum deposit of $1. You must trade 1000 micro lots to be able to withdraw the bonus.
Demo account trading contests
FXOpen trading contests are held on MetaTrader 4 demo accounts. As such, traders have zero risk of losing money, but they can win real cash prizes. Some contests are free and others require an entrance fee.
The contests include specific rules or restrictions:
a) The available trading instruments;
b) The minimum and maximum lot size and the maximum number of orders;
c) The use of automated trading (Expert Advisors) or specific strategies;
d) The prize amounts and their allocation
FXOpen brokerage news
15/02/25 FXOpen: MT4 demo accounts are closing: Upgrade to a MT5 or TickTrader demo account
29/10/24 FxOpen: EUR/ZAR and USD/ZAR now available for trading
02/02/23 FXOpen lowers the minimum trade size on index CFDs
12/01/23 FXOpen eliminates commissions on index CFD trading!
20/06/16 FXOpen's new trading contest: "CFD Open" for demo accounts
17/12/15 FXOpen announces Xmas promotion, lower ECN account min. deposits, PAMM promotion, etc.
27/07/15 FXOpen improves its One Click Trading and Level 2 Plugin
25/06/15 FXOpen launches trading of CFDs on indices, oil and natural gas for ECN accounts