FXOpen is a versatile ECN Forex Broker established in 2005, offering ultra-tight spreads from 0.0 pips, leverage up to 1:500, advanced platforms MT4/MT5, TickTrader and TradingView, plus over 700 CFD markets including forex, commodities, indices, shares and cryptocurrencies. Ideal for scalpers, algo traders and professionals seeking deep liquidity and lightning-fast execution.

Features

Headquartered

New Zealand (Oceania)

Year Founded

2005

Broker Type

STP, ECN, MM

Regulating Authorities

Prohibited Countries

Islamic Account

Demo Account

Institutional Accounts

Managed Accounts

Minimum Deposit

$1

Maximum Leverage

1:500

Payment Methods

Trading Platform Types

Operating Systems

Website Languages

Customer Support

Multilingual customer support 24/5 via live chat, email, and a dedicated trading desk, ensuring timely assistance across all platforms and account types.

FXOpen Pros and Cons

As with any forex brokers, FXOpen combines ECN pricing, deep liquidity and advanced platforms with a few drawbacks—limited retail-only protections in some jurisdictions and variable spreads during major news. Below is a balanced overview.

PROS CONS
  • True ECN model with spreads from 0.0 pips
  • Leverage up to 1:500 on forex & metals
  • 700+ markets: forex, commodities, indices, shares, crypto CFDs
  • Multiple platforms: MT4, MT5, TickTrader, TradingView
  • Tier-1 bank liquidity and VWAP/Level 2 data
  • PAMM/MAM solutions for managed accounts
  • Swap-free Islamic account options
  • Free VPS for active traders (subject to volume)
  • Competitive commissions from $1.50/lot
  • 24/5 multilingual live support
  • Limited retail-client protections in some entities
  • Crypto CFDs only for Professional clients
  • Variable spreads can widen at major news
  • Min. ECN deposit $100
  • Swap charges on overnight crypto positions
  • No fixed spreads on Standard accounts

FXOpen Account Types and Features

FXOpen Deposit & Withdrawal

  • Bank Wire Transfer
  • Instant Bank Transfer (local)
  • Credit/Debit Cards (Visa, Mastercard)
  • Skrill, Neteller, Perfect Money
  • Crypto Deposits/Withdrawals (BTC, ETH, USDT)
  • E-wallets: FasaPay, Advcash, WebMoney

FXOpen Fees and Spreads

  • Spreads from 0.0 pips on ECN accounts
  • Variable spreads on Standard/STP accounts
  • Forex commission from $1.50 per standard lot (round-turn)
  • Crypto commission 0.5% half-turn, min. 0.01 lot
  • Zero commission on index CFDs
  • Swap rates published daily; Islamic accounts swap-free

FXOpen Leverage

  • Forex & metals: up to 1:500 (MT4/MT5/TradingView)
  • Indices: up to 1:100 (MT4/MT5/TradingView)
  • Commodities: up to 1:500 (MT4/MT5) or 1:50 (TickTrader)
  • Shares: 1:5
  • Crypto CFDs: 1:3
  • Crypto 10 Account: 1:10

FXOpen Bonuses

  • Welcome bonus promotions (varies by region)
  • Periodic zero-commission campaigns on ECN indices
  • TradingView coin giveaways ($15 per new account)
  • No-deposit Forex & ECN TickTrader bonus ($10)
  • Cashback program for PAMM traders (up to 0.6% rebate)

FXOpen Trading Platforms

  • MetaTrader 4 (MT4): award-winning, EAs, custom indicators
  • MetaTrader 5 (MT5): depth-of-market L2, economic calendar, extra timeframes
  • TickTrader: multi-asset, 1-click, Level2 pricing (up to 200 levels), FIX/REST/WebSocket API
  • TradingView: cloud-based charts, Pine Script, social trading, direct FXOpen integration

FXOpen Market Instruments

  • Forex: 50+ major, minor & emerging pairs (EURUSD, GBPJPY, USDZAR…)
  • Indices: UK 100, US Tech 100, WallStreet 30, Germany 40…
  • Commodities: XAU/USD, XAG/USD, Brent, WTI, Natural Gas
  • Shares CFD: Apple, Tesla, Amazon, Microsoft, Alibaba, Tencent…
  • ETFs: 1,200+ via TickTrader (SPY, QQQ, ICLN…)
  • Crypto CFDs: BTC/USD, ETH/USD, XRP/USD, LTC/USD, DASH/USD… (40+)

FXOpen Safety and Security

  • Regulated by FCA (UK), CySEC (EU) and Nevis Registry
  • Segregated client funds & negative-balance protection (retail)
  • Two-factor authentication (2FA) via Google Authenticator/SMS/Email
  • SSL encryption, DDoS protection, VerifyMyTrade certified execution
  • AML/KYC compliance & periodic financial audits

FXOpen Customer Support

  • 24/5 Live Chat (web & app)
  • Email tickets: support@fxopen.com (7 am–4 pm GMT)
  • Trading Desk: trading.desk@fxopen.com, +64 9 801 0123 (24/5)
  • Multilingual support: English, Arabic, Chinese, Russian, etc.
  • Dedicated FAQ, Knowledge Base & video tutorials

FXOpen Education and Training

  • Video courses: technical analysis, risk management
  • Weekly market wrap with COO Gary Thomson
  • Live webinars & seminars
  • Glossary & beginners’ guides
  • Demo account for practice

FXOpen Research

  • Economic Calendar with real-time updates
  • Pip/Margin/Swap calculators
  • Level 2 market depth & VWAP
  • News feed & analyst commentary
  • Strategy tester & back-testing (MT4/MT5)

FXOpen Awards and Recognition

Over nearly two decades, FXOpen has amassed a distinguished collection of industry awards, underscoring its innovation, service excellence and leadership in ECN trading. Below is the full list of accolades it has earned.

By

in 2009

Recognised as the Best Forex Broker of 2009 for outstanding trading services.

By

in 2009

Honoured as the Best Middle East and Asia Broker in 2009 for regional market leadership.

By

Falcon Award

in 2010

Received the Falcon Award 2010 for Best Trading Platform.

By

World Finance magazine

in 2010

Listed among the Top 100 Companies by World Finance magazine in 2010.

By

World Finance magazine

in 2011

Crowned Best Forex Broker in Australasia by World Finance magazine in 2011.

By

IB Times Trading Awards

in 2011

Awarded Best Islamic Forex Broker at the IB Times Trading Awards 2011.

By

IB Times Trading Awards

in 2011

Named Best South-East Asia Forex Broker at IB Times Trading Awards 2011.

By

IB Times Trading Awards

in 2011

Honoured as Best ECN Forex Broker at IB Times Trading Awards 2011.

By

Masterforex-V International Trading Academy

in 2012

Voted Best ECN Broker of 2012 by Masterforex-V International Trading Academy.

By

9th International Shanghai Money Fair

in 2012

Received Gold Medal as Most Popular Product (MT4 ECN) at the 9th International Shanghai Money Fair.

By

Traders Union

in 2022

Honoured as Innovative Broker of 2022 by Traders Union for pioneering ECN solutions.

FXOpenFinal Thoughts

FXOpen positions itself as a top-tier ECN forex broker for traders demanding tight spreads, deep liquidity and multi-asset access. With robust regulation, advanced platforms (MT4/MT5, TickTrader, TradingView), and 700+ CFD markets, it suits scalpers, algo quant funds and professional investors. While retail protections vary by region and crypto CFDs require professional status, its competitive pricing and rich feature set make it a compelling choice.

Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.