fxopen

Account Types

FXOpen makes trader with any experience blend in with ease with a selection of different types of accounts:

Micro (Cent)

Standard

ECN

PAMM

Trading Conditions

You have a selection of 28 currency pairs, gold and silver. The pricing format is in 4th decimal pricing. Spreads are fixed ranging from 2 to 4 pips on major currency pairs. Minimum transaction size is 0.1 Micro lot (100 units of the base currency). Maximum available leverage is 500:1.

Please note that scalping is allowed but with limitations: Stop Loss, Take Profit and Pending Orders 10 pips or more away from the current price, Most of the trades must be open for more than 1 minute. News trading is allowed but also with certain limitations (check out the broker website for more details). Hedging and Expert Advisors are allowed.

Trading Platform

FXOpen reviews it’s platform MetaTrader 4, the preferred forex trading platform in the world. With high success rate, MetaTrader 4 offers intuitive interface, professional charting and wide variety of indicators. There is also an option of creating your own indicators, strategies and systems with MQL programming language (useful for advanced traders).

The broker features the first ever MetaTrader 4 ECN trading platform synced together with PAMM accounts, offering a true combination of outstanding trading conditions, savety, speed of transactions and professional support. The complete list of PAMM accounts is available on the broker’s website.

Payment Options

Minimum deposit requirement is $1. The broker has outstanding amount of payment methods for deposits and withdrawals including:

Wire Transfer, Credit/Debit Cards, WebMoney, Skrill, Payza, Qiwi Wallet, FasaPay, CashU, OneCard, YandexMoney, RBK Bank, ElexNet, IntellectMoney, DengiOnline, DIXIPAY, FXOpen top up card.

Promotions

There is wide variety of bonuses for all account types with and without initial investment.

Bonus

Amount

Account type

How to get it

Welcome bonus

$25

Standard

Register an FXOpen eWallet;

open a Standard trading account;

deposit at least $100.

Welcome bonus

$1

Micro

Register an FXOpen eWallet;

open a Micro trading account;

deposit at least $1.

10 lots bonus

$100

Standard

Make 10 lots of trading volume (closed trades) in a Standard account.

1000 microlots bonus

$100

Micro

Make 1000 micro lots of trading volume (closed trades) in a Micro account.

No deposit required!

varies

Standard Micro

Join ForexCup demo trading contests;

make profit necessary to get the bonus according to contest rules.

Forum bonus

No deposit required!

varies

Standard Micro ECN

Register and post at FXOpen Forum.

Customer Support

FXOpen support team assist traders with news, calendar and technical analysis on their website.  You can get in touch with the broker via email, phone call or call back form. There are also headquarters in New Zealand, Russia and Egypt. 

 

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