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FXOpen — Forex Broker

FXOpen:

Company: FXOpen Investments Inc.
On-line since: 2005
Country of origin: Mauritius
Regulation: Unregulated.
Payment options: Liberty Reserve, WebMoney, CashU, E-Bullion, e-gold and wire transfer
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: from 1:1 to 1:500
Spreads: 2 pips on EUR/USD
Rating:
5.6/10 with 1939 votes

Rate broker — FXOpen:
Categories: MetaTrader Forex brokers
Oil trading brokers
Gold trading brokers
ECN Forex brokers
Muslim Forex brokers
WebMoney Forex brokers
Liberty Reserve Forex brokers
Opinions: See FXOpen reviews.

Advantages:

  • MetaTrader 4 Forex broker
  • ECN Forex broker
  • Traders contests and competitions
  • Bonus for real trader account opening
  • Muslim Forex broker - no-overnight interest accounts
  • WebMoney funds deposit/withdraw option
  • Futures trading is available
  • Start trading with as little as $1
  • Allows investing via Percentage Allocation Management Module

Disadvantages:

  • No important disadvantages

Click here to open an account with FXOpen


Reviews:

160 reviews of FXOpen are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts.


Evzen Oldrich from Česká republika07/06/2010

This is my broker of choice now. I have an ECN account which I am scalping on. Extremely fast execution and no requote at all!


Taposh Biswas from Kolkata06/25/2010

Three words are sufficient tell all about this broker SCAM!CHEAT!Swindler


Cok van Heesch from Spain06/11/2010

I can not understand that their are people that have anything positive to say about FXOPEN.

This are scam artist and nothing else.

Together with Zulutrade they swindle you out of your money.

And when you want to talk about them they lied.

This are professional swindlers and nothing else.

I work with 4 different providers and know what I am talking about.


AD from Malaysia06/10/2010

got no problem whatsoever with FXOpen even after their license has been suspended by FSC. Their customer service is still good and their MT4 platform is still working well. They even gave me the 10 Lot Bonus in my standard account! :D

now i dont really care if they are not regulated by any authority, since i had previously had problems with brokers who are well regulated in Europe and USA LOL. I guess I dont have to mention who that brokers are as I dont want people to say that I am so much in favour with FXopen while at the same time swearing the other brokers :D :D.

My point is it doesn't matter whether the broker is regulated or not, but it's really matter whether you can trust them or not!


omale muhammed from nigeria06/09/2010

i have read several comments about fx open both the ones that are for and the ones that are against.what am not comfortable with is that fx open has not come out to either deny or agree with the comments. let fx open say something.thank you


cafedeart from Asia06/08/2010

Am with them all most 2years with Micro A/c, they r really good by all means, it\'s recommended to setup ur live account in Fxopen, they also provide true ECN execution for Forex\'s Big Boys, well one can start trading as little as 1 usd deposit. i can give them 5 star. Thanks


sideli from malaysia 06/07/2010

trusted broker until now.. even after they got problems with fsc, they still paid me. I almost withdrawal everyday with this broker


ngentoter sejati from thailand05/31/2010

fxopen is scam....


Minion from Russia05/30/2010

Interesting. So now we see they got their license canceled. Should be a warning I guess to everyone.


Jafar Calley from Cairo05/28/2010

FXOpen's license has NOT been revoked, however the FSC is investigating some claims against FXOpen made by unscrupulous competitors. Once FXOpen's legal team has cleared the company of any wrong doing, it will be business as usual.


vincent_sawyer from singapore05/28/2010

FXOPEN LICENCE revoked (kena tarik) by FSC mauritius. check out www.fscmauritius.org

go to section what\'s new and check out press release title \"revocation of global business license\"

FSC is a very strict body....these companies been acting like cowboys on the loose...with no AML policies and withdrawal of funds via IBs and using non licensed payment systems...

so be careful guys...


gL4di4t0R from Iran05/23/2010

let's be honest, i found them on internet nearly 1 month ago , i deposited sum of 15k$ with them, when i did make profits and make the money 30k$ , i got pessimist with them, i searched google for review of them , i all have read was that they are scams , i really scared , i chatted with bodies they said it too, and they said that i most withdraw all of my money from them but if they pay you, so i requested the withdraw of 450$ , first time they rejected the request, i got scared more, i mailed them they said that you most provide the webmoney number that you have deposited from, i did correct the number, oh yes they paid me, i did request another 2210.48 $ , they paid me again, i did request another two 5000$ , oh come on they paid me again, oh my god , only after 1 month i did double my money and all of my deposits in my bank accounts , they are really nice, fast deposit, but slower withdraw, don't scare, you are safe with them , trade with honest and you will get your money more honestly.

thank you fxopen, and thanks to all the guys that works for fxopen.

if you want i can upload my statement and my screen shot of my withdraws in any where.

i will post this review on other sites too , so if you seen this review elsewhere I'm not a bot , I'm a real person from Iran.


Azmil from Malaysia05/03/2010

Such a great company.I never have any problems and I like services.My mark 10 for all, very good support in my region.By the way I voted with 10 but it make overal rank down from 5.8 to 5.7.


John from Australia04/28/2010

I lost $854 dollars in my account in this broker before, even though I didn't open a trade and when I contacted them regarding that, what they always say is that they'll forward my concern to their technical staff and manager. I haven't received any replies from them regarding it. Such poor service


Uche from Nigeria04/24/2010

My friend recommended fxopen to me and currently l operate ECN account with them. I have used other brokers before now, I tell you everything is standard. A click, your order is executed. I know when it comes to involving big money, fxopen is recmmended but l dont understand the rumour that is difficult to withdraw from fxopen. Meanwhile, l intend to deposite my two account with big money and becos of that l will try to withdraw at the end this month to see for myself b4 bringing in bigger amount.

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