FXOpen

Regulated

Score

2.8

FXOpen

Cyprus flag

Cyprus

10-15 years, Regulated in Cyprus

Score

2.8

Regulation

3

License

2

Business

3

Software

2

Risk Control

4

2.8

Scam

Licenses

Cyprus flag CYSEC Regulated
Cyprus -
United Kingdom flag FCA Regulated
United Kingdom -
New Zealand flag FSPR Revoked
New Zealand -
Australia flag ASIC Unverified
Australia -

Basic Information

Registered Region

Cyprus flag

Cyprus

Contact Number

+35725024000

Operating Period

10-15 years

Company Website

https://fxopen.com/

FXOpen is a trading name of FXOpen EU Ltd, is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13. FXOpen offers retail and professional trading available markets including indices, commodities, forex, shares, cryptos, and ETFs through MT4, MT5, TickTrader, and TradingView platforms.

 

FXOpen logo

 

Founded in 2007
Registered in Cyprus
Regulated by CySEC
Trading Instruments 700+, indices, commodities, forex, shares, cryptos, ETFs
Demo Account
Account Type ECN
Min Deposit $/€300
Leverage Up to 1:30
EUR/USD Spread Floating around 0.2 pips
Trading Platform MT4/5, TickTrader, TradingView
Deposit Fee
Withdrawal Fee Free for Viisa/MasterCard and Easy bank transfer, fees for Bank Transfer
Customer Service 9 am – 8 pm (Eastern European Time)

Live chat

Tel: +357 25024000

Email: [email protected]

Regional Restriction USA

 

Market Instruments

Indices, commodities, forex, shares, cryptos, ETFs… FXOpen allows clients to access 700+ trading markets.

 

Trading Assets Available
Indices
Commodities
Forex
Shares
Cryptos
ETFs
Bonds
Options

 

Leverage

The maximum leverage offered by FXOpen is 1:30. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

 

Spreads & Commissions

The EUR/USD spread is floating around 0.2 pips. If you are interested in spreads on other trading instruments, you can find detailed spread info on its homepage: https://fxopen.com/

 

Trading Platforms

As for the trading platform, FXOpen provides its clients with many options. There are public platforms such as MT4/5 and TradingView that have served many clients worldwide, also FXOpen’s own platform TickTrader.

If you didn’t want to spend time familiarizing yourself with a new platform, you can choose MT4/5 and TradingView. But FXOpen’s own platform provides better compatibility with businesses, as they are specially developed and customized platforms.

 

Deposit & Withdrawal

In terms of deposit and withdrawal, like many good brokers, FXOpen provides a detailed form with important information about payment methods, accepted currencies, minimum/maximum amount, fees, and processing time. The feasible payment methods are Bank Transfer, Visa/MasterCard, and Easy bank transfer.

 

Customer Support

FXOpen does not offer 24/7 customer support. Customer service time is only available from 9 am to 8 pm (Eastern European Time) by live chat, phone, and email. You can also follow FXOpen on some social media platforms such as YouTube, Facebook, X, Telegram, LinkedIn, and Instagram.