Company Overview
FXOpen is the trading name of FXOpen EU Ltd, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13. FXOpen offers both retail and professional trading across available markets including indices, commodities, forex, stocks, cryptocurrencies, and ETFs via MT4, MT5, TickTrader, and TradingView platforms.
Is FXOpen reputable?
Yes. FXOpen is regulated by the Cyprus Securities and Exchange Commission (CySEC).
Market Instruments
Indices, commodities, forex, stocks, cryptocurrencies, and ETFs. FXOpen provides access to 700+ tradable markets.
Account
FXOpen offers a single account type — the ECN trading account — with a minimum deposit requirement of USD/EUR 300.
Leverage
Maximum leverage is 1:30. Remember: higher leverage amplifies both potential gains and potential losses. Using leverage can work for or against you.
Spreads & Trading Fees
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EUR/USD spread: around 0.2 pip (typical).
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Commissions: if your account balance is below USD 1,000, the forex commission is USD 3.5 per lot; for balances above USD 250,000+, it is USD 1.5 per lot.
Trading Platforms
FXOpen provides multiple platform choices. You can use widely adopted platforms such as MT4/MT5 and TradingView, or opt for FXOpen’s proprietary TickTrader platform. If you prefer not to learn a new interface, MT4/MT5 and TradingView are convenient choices. TickTrader may provide tighter integration for business workflows due to its tailored development.
Deposits & Withdrawals
Like many reputable brokers, FXOpen presents a detailed funding form outlining payment methods, accepted currencies, minimum/maximum amounts, fees, and processing times. Supported methods include bank transfer, Visa/MasterCard, and Easy Bank Transfer.
Customer Support
FXOpen does not offer 24/7 support. Service hours are 09:00–20:00 (Eastern European Time) via live chat, phone, and email. You can also follow FXOpen on YouTube, Facebook, X, Telegram, LinkedIn, and Instagram.
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