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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.


Carl from USA02/23/2009

I think they pretty much honnest.Non US regulation makes them more flexible.


Vitalijus from Lithuania02/19/2009

It was server down but they do all good and compensated me even more then I expected.


dalia123 from egyp[t02/17/2009

it is good


ETEOBONG EKPUK from NIGERIA02/05/2009

FOR NOW FXOPEN IS A VERY NICE MT4 PLATFORM,MY FRIEND I INTRODUCED HE HAS MAKE UP TO $139,000 JUST 1 WK TRADING BUT PRESENTLY HE CANNOT ACCESS HIS ACCOUNT THOUGH THEY ARE WORK TOWARD IT.I RECOMMEND FXOPEN.


edo from indonesia02/04/2009

i dont know why everytime i check a review about some broker they all have a good review, a bad review, and very bad review..its just confusing.

i read fxclearing review, fxopen review, fxpro and many more broker, the weird thing is there's some people that always made a very bad review to all this broker, made me wonder what broker did he use? is he really a trader?

so i decided to put some of my money, deposit them, played them to all this bad reviewed broker and the funny thing is..they are all ok, no bad thing happens so far really..


Joseph from Nigeria02/03/2009

i agree very much with u Gilberto.

i transferred 200 USD to my forex account , just as a test. this was done since 15th Jan. Till today, it has not reflected on my trading account. i have tried calling fxopen but each time the lady says she cannot hear me then the line cuts. risks are inevitable for acieving good investments, i am not even bothering myself to try and get the money back, after all it will be very easy for their receiving bank to send the funds back to my bank but THEY HAVE NOT.i have moved on to a more trust worthy trading company. my advice to new investors is, criticise the companies before investing. E.g for these guys, they will OPEN AN ACCOUNT EASILY AND QUICKLY FOR YOU, ALLOW YOU TO FUND THE ACCOUNT IF YOU LIKE, BEFORE IT GETS VERIFIED. Some others will open the account after verification.So,think that through


sunday gabby from london02/03/2009

am trying to fund my account since,pls can u tell me the easy way to fund my account,my friends have been using this brooker,is very good.


Matthew from Brazil01/26/2009

Gilberto, I had been thinking about opening an account with FX Open until reading all these negative reviews here. Your review just put the icing on the cake for me I will look elsewhere for a reputable broker. Gilberto, please email me, as I am in Brazil also. Thanks. bwhllc@gmail.com


Gilberto C. from Brazil01/22/2009

I do not recommend this Broker. It is easy to open one account, they are fast to respond e-mails but just it.

Since 15 days ago I have transfer more funds to my account but until now no funds in my account.They respond quick all E-mails, but no one know about my money, just disappear!!!.


ISIAKA KABIRU from NIGERIA01/18/2009

Well, I have read all the reviews about this reputable organization. I just pray that with all these issues i have read, I will try to open a mini account with FX open and i will fund it will $100 and see what will happen.


Valdas from Lietuva01/12/2009

I found this broker on forex-tsd forum.They are professional in problems solving and also they have good website with free analysis which is usefull for me.I think it is nice broker for green traders like me because they support micro accounts and have very fast financial services system so no need to wait weeks to start trading or deposit.


Abhay from India01/10/2009

I very satisfied with Fxopen.My EA work fine with them and make some money.


Jaque from Australia01/07/2009

It is a strong based company.I think one of the best retail brokers in the busines at this moment.


Jay Jay from Hong Kong12/28/2008

We have a group of friends and we use FXopen for a year time.We think FXopen is good.


Leonid from Russian Federation12/22/2008

Guys are really good.Recently I face many problems with our local brokers like Liteforex or Admiral which do stop hunting and I decide to try those guys because heard a lot of them.They have much better spreads and suitable server speed which is about 2 to 5 seconds for average 8 lots trades which is a good result.

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