FXOpen-Some important Details about This Broker

GENERAL INFORMATION AND REGULATION

FXOpen is an online broker registered in Saint Kitts and Nevis, with the company behind it called FXOpen Markets Limited. FXOpen is an unregulated broker, so it is unsafe to trade with it.

MARKET INSTRUMENT

Trade forex, indices, shares, commodities and cryptocurrencies with competitive spreads from 0.0 pips, low commissions with FXOpen as your true ECN broker.Trade over 50 FX markets, 24 hours a day from Sunday night until Friday night.

As an ECN broker we connect with major banks and other liquidity providers to provide the best pricing with deep liquidity and spreads from 0.0 pips.

Trade global indices on any ECN account, with low commissions, tight spreads and flexible contract sizes to suit all types of traders.

Trade energy and metals markets with tight spreads and all the benefits of an ECN broker,

including fast execution and deep liquidity. The US is home to some of the worlds largest companies, such as Apple, Amazon, Facebook and Google.

Opening a trading account with FXOpen means you're able to trade these stocks and many more as CFDs on your MT4, MT5 or TickTrader ECN trading account

Enjoy all the benefits of trading cryptocurrencies, without owning them directly.

Trade over 40 cryptocurrency CFD markets 24/7 on the MT4, MT5 or TickTrader platform with tight spreads and deep liquidity.

ACCOUNT AND LEVERAGE

FXOpen's Forex trading accounts are designed for traders with different level of experience and skills – from novice traders to savvy professionals. You can choose the type of account that best suits your style of trading, capital and risk tolerance.

The available Trading accounts includes: Micro account with floating spreads and zero commission and minimum deposit starting from $1. ECN Account, with Raw spreads and commissions of 1.5 unit per lot and minimum deposit of $100. Crypto account with zero commission and floating spreads and minimum spreads of $10. And then STP Account, also zero commission with floating spreads and minimum deposit of $10. Each with leverage of up to 1:500.

SPREADS AND COMMISSIONS

FXOpen offers floating spreads and zero commission for most of the accounts.

TRADING PLATFORM AVAILABLE

FXOpen offers MetaTrader 4, MetaTrader MT5. TickTrader and WebTrader.

Over 70% of Forex brokers offer MT4 to their clients, and over 90% of all transactions on the retail Forex market are conducted via MetaTrader 4. Since 2005 MetaTrader 4 has been holding the of the most popular Forex trading terminal and continues to receive prestigious awards year after year. In 2009 FXOpen was among the first broker to offer its clients direct access to Interbank liquidity and ECN trading via the MetaTrader 4 terminal. Standard Forex MT4 capacities have been extended and supplemented by FXOpen's own revolutionary solution – Liquidity Aggregator. Now FXOpen ECN ensures instantaneous and error-free order execution at the best prices from more than 10 banks and other liquidity providers (LPs).

MetaTrader 5 is a multi-asset trading platform developed by MetaQuotes Software Corp and is now the most popular free terminal for online trading. MT5 provides the familiar user interface of MT4 with many new functions providing traders with all they need for successful Forex trading.

Important: Only ECN trading accounts are currently supported in MetaTrader 5.

TickTrader is a brand-new trading platform, which allows clients to trade five of the most popular asset classes — forex, stocks, commodities, indices, and cryptocurrencies via one trading account. A special trading account, TickTrader ECN, has been designed for trading using TickTrader platform.

The new multi-asset trading platform facilitates both margin trading and deliverable trading. This can be achieved either directly through the platform or via a FIX, REST or WebSocket API.

As a trading platform, TickTrader pursues one goal: helping users to become profitable. It is easy to adopt and use, but besides being user-friendly, TickTrader boasts comprehensive functionality that ensures it meets the multitude of requirements from every type of trader, from beginner to institutional.

DEPOSIT AND WITHDRAWAL

FXOpen provides clients with numerous funding options for instant deposits and fast withdrawals.

The available means includes: China UnionPay, Paypaid, Airtm, Epay, Fasapay, Bitcoin, Bitcoin Cash, Emercoin, Tether online banking, Ethereum and AstroPay.

CUSTOMER SERVICE

General information about FXOpens products and services via Live Chat — 24/5.

Tickets to FXOpen's sales, finance, trading desk and support departments — 7—16 (GMT) Mon-Fri. Therefore you can fill their inquiries form via their website to be contacted.