Featured On
FxOpen is an established forex and CFD broker founded in 2005, headquartered in Australia. It has built a reputation as a multi-regulated broker, holding licenses from top-tier authorities including the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), and the Financial Services Authority (FSA) of Seychelles.
The broker offers a diverse range of trading instruments, including 70 forex pairs, indices, commodities, gold, oil, real cryptocurrencies, and stocks. Traders can access these markets through popular platforms such as MetaTrader 4, MetaTrader 5, cTrader, and TradingView, ensuring flexibility and advanced charting capabilities.
FxOpen is known for its ECN and Raw spread account options, which appeal to active and professional traders. With a minimum deposit of just $100 and maximum leverage of 1:500, the broker aims to cater to a wide spectrum of trading styles and experience levels.
FxOpen is an established forex and CFD broker founded in 2005, headquartered in Australia. It has built a reputation as a multi-regulated broker, holding licenses from top-tier authorities including the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), and the Financial Services Authority (FSA) of Seychelles.
The broker offers a diverse range of trading instruments, including 70 forex pairs, indices, commodities, gold, oil, real cryptocurrencies, and stocks. Traders can access these markets through popular platforms such as MetaTrader 4, MetaTrader 5, cTrader, and TradingView, ensuring flexibility and advanced charting capabilities.
FxOpen is known for its ECN and Raw spread account options, which appeal to active and professional traders. With a minimum deposit of just $100 and maximum leverage of 1:500, the broker aims to cater to a wide spectrum of trading styles and experience levels.
FxOpen is best suited for traders who prioritize regulatory oversight, a wide selection of trading platforms, and the ability to trade a broad range of instruments. The availability of ECN/Raw accounts makes it particularly attractive for scalpers and high-frequency traders who seek tight spreads and fast execution. Additionally, the support for algorithmic trading and hedging is ideal for those using expert advisors (EAs) and complex strategies.
The broker is also a good fit for traders who want to diversify across asset classes, including real cryptocurrencies and stocks, without needing a separate platform. However, traders who rely on copy trading or prefer micro accounts may find FxOpen less suitable, as these services are not offered. The $100 minimum deposit is moderate, making it accessible to retail traders, but those looking for a very low entry point might need to look elsewhere.
FxOpen is regulated by several prominent financial authorities, including the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), and the Financial Services Authority (FSA) of Seychelles. This multi-regulatory framework provides a strong level of oversight, ensuring that the broker adheres to strict operational standards and client fund protection requirements.
For traders, this means a higher degree of safety and transparency. FxOpen also maintains segregated client funds, which is a key requirement under these regulations, ensuring that client money is kept separate from the company’s operational funds. Additionally, negative balance protection is offered, which prevents clients from losing more than their account balance, a crucial feature for those trading with high leverage.
| Primary regulator | |
| All licenses held | ASIC,FCA,FSA |
| Segregated client funds | Yes |
| Negative balance protection | Yes |
FxOpen provides two primary account types: Standard and ECN/Raw. The Standard account is likely to have a spread-based cost structure, while the ECN/Raw account typically charges a commission on trades, with tighter spreads. The broker also offers Islamic (swap-free) accounts for those who comply with Sharia law, and a Demo account for practice.
In terms of deposits and withdrawals, the minimum initial deposit is $100. Deposits can be made via bank cards, e-wallets, and cryptocurrencies, including Visa/Mastercard, WebMoney, and Volet. Withdrawals are processed within 24 hours, which is relatively fast, but withdrawal fees may vary depending on the payment method used. Traders should note that specific spread and commission figures are not publicly disclosed in the fact sheet, so it is advisable to check the broker’s website for current details.
| Deposit methods | bank cards, e-wallets, and cryptocurrencies, featuring options like Visa/Mastercard, WebMoney, and Volet |
| Withdrawal time | 24 hours |
| Withdrawal fees | vary by payment method |
| Inactivity fee | None charged |
FxOpen is a well-regulated, multi-asset broker that offers a professional trading environment with a strong emphasis on platform choice and execution quality. It is particularly well-suited for active traders, scalpers, and algorithmic traders who can take advantage of the ECN/Raw accounts and the flexibility of hedging and EA usage. However, those who rely on copy trading or seek micro accounts may need to consider alternatives. Overall, FxOpen presents a compelling option for traders who value regulatory safety, diverse instruments, and advanced trading tools.