FXOpen is a forex broker founded in 2010 with its headquarters in London. This platform is dedicated to providing clients with a wide range of trading products and high-quality trading services. It is known for its professional trading platform and technological innovation, offering traders advanced trading tools and features to support achieving trading goals under various market conditions.
Company Background
As a forex broker, FXOpen's domain was registered on April 5, 2007, with the entity information being FXOPEN LTD. Its headquarters are located at 80 Coleman Street, London, EC2R 5BJ, United Kingdom. The company has gained a good reputation in providing high-quality trading products and services, offering a safe and reliable trading platform for traders worldwide.
Regulatory Information
FXOpen is regulated by the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC). FXOPEN LTD is regulated by the FCA with a regulatory number of 579202; its affiliate company, FXOpen EU Ltd, is regulated by CySEC with a regulatory number of 194/13.
Trading Products
FXOpen mainly provides trading products such as forex, indices, commodities, stocks, ETFs, and cryptocurrencies.
- Forex: A global currency trading market operating 24 hours, where traders trade currency pairs like EUR/USD, leveraging rate fluctuations for profits.
- Indices: Representing a portfolio of stocks from specific markets or sectors, like the S&P 500, Dow Jones Industrial Average, investors can trade through futures, options, or ETFs.
- Commodities: Physical goods traded on exchanges, including hard commodities like gold and silver, and soft commodities like wheat and corn, with prices influenced by supply and demand, geopolitical and economic factors.
- Stocks: Represent ownership in listed companies, investors receive a portion of company profits, including dividends and capital appreciation.
- ETFs: Investment funds traded on stock exchanges, holding assets like stocks, bonds, and commodities, providing investors with diversity and flexibility.
- Cryptocurrencies: Digital currencies operating on decentralized networks using cryptography, like Bitcoin and Ethereum, traders can trade on online platforms, profiting from price fluctuations.
Trading Software
FXOpen offers four trading software options to its users: MetaTrader4, MetaTrader5, TickTrader, and TradingView.
- MetaTrader4 (MT4) is a popular forex trading platform also suited for other financial products, offering powerful chart analysis tools, technical indicators, and automated trading features, facilitating technical analysis and trading strategies. MT4 supports external plugins and expert advisors (EAs), providing traders with more customization and automated trading options.
- MetaTrader5 (MT5) is the next-generation trading platform with more features and improvements than MT4. Besides forex and CFDs trading, MT5 also supports stocks, futures, and options trading. The platform offers more technical indicators, chart objects, and time frames, as well as a built-in economic calendar and market depth features.
- TickTrader is a full-feature multi-asset trading platform supporting trading in forex, stocks, futures, options, and cryptocurrencies. It offers an intuitive trading interface, fast order execution, advanced chart analysis tools, and custom indicators, suitable for all types of traders, including retail clients and institutional investors.
- TradingView is an online social financial trading platform offering rich chart analysis tools, live quotes, financial news, etc. Users can browse and share trading ideas on the platform, analyze with various technical indicators, and engage with other traders. TradingView also supports demo trading and automated trading features, suitable for all types of traders, from beginners to professionals.
Account Registration
The FXOpen official website provides a link for live account registration, with the following procedure:
First, open the FXOpen official website and click on the "Live Account" at the top right corner of the homepage.
Then choose your country of residence and the desired trading platform, leading to FXOpen's secure server to complete the online application. After completing the application, the user will receive a username and password.
Account Types
FXOpen offers users two types of accounts: ECN and STP. Both account types require a minimum deposit of $300, with the minimum trade size being 0.01 lots and the maximum leverage at 1:30.
Deposit and Withdrawal Methods
FXOpen offers clients a variety of funding options to meet their needs for instant deposits and rapid withdrawals. Clients can choose from various payment methods, including Easy Bank Transfer, Bank Transfer (SWIFT), Visa / MasterCard / Visa Electron, for more convenient fund management.
Customer Support
FXOpen supports multiple contact methods, including phone support, email support, and online chat. Traders can contact the customer support team via the phone number +357 25024000 for direct and immediate assistance. Investors can also send questions or requests to support@fxopen.eu.
Summary
Founded in 2010 and headquartered in London, FXOpen is a trusted forex broker regulated by the FCA and CySEC. It offers a wide range of trading products, including forex, indices, commodities, stocks, ETFs, and cryptocurrencies, supported by multiple trading software options. The registration process is straightforward, with a minimum deposit of $300, providing ECN and STP account types, various deposit and withdrawal methods, and multi-channel customer support.
Currently, FXOpen has been marked as "Active" on TraderKnows.
