FXOpen Broker Testimonials

I am trading with FXOpen and was mainly attracted by their low spreads and the ability to do trading using their web trader.

The customer support was good and my trading account was verified within 1 day. I am also getting technical analysis updates which give me more trading profits now.

I have traded with 4 brokers including FXOpen. After comparing my trading conditions i found out that this broker was the most stable one and had no slippages in my orders. This was important for me as i am a news trader and a lot of my profits have to come from trading news.

After I started trading with FXOpen my income from the trading in Metals and Oil has increased as all of my trades get executed without any Re-quotes or slippages.

Also I can hit my Pending orders in the markets thus my trading income is more now.

With the help of the Crypto Trading account of this Broker i am able to trade at any time of the day.

The market has deep liquidity this is why i am able to close the deals at the current market prices.

Are you STP broker? What liquidity provider is there?

Can I trade with the same account Fxopen Uk and the existing one like AU ? Or do I need a separate account?

Do you offer free contests?

This company offers a wide range of trading options and has a diverse of accounts and contracts, including STP accounts and ECN accounts. They provide ample opportunities for trading various currency pairs, including major and secondary pairs. Additionally, they support the trading of digital currencies, and their services are available throughout the week, allowing for flexible trading of digital assets.

One standout aspect of this company is its remarkably low spreads. Whether you opt for an STP or ECN account, the spreads are incredibly tight. The ECN account boasts almost zero spreads in certain currency pairs, with spreads typically not exceeding four points and sometimes even just one or two points. The STP account, while slightly wider, still offers competitive spreads starting from 10 points and going up to 24 points, making it suitable for trading pairs like the Japanese yen/US dollar. The company prides itself on providing these favorable trading conditions across the board.

The company stands out for its tight spreads, user-friendly trading experience, and the availability of multiple platforms for trading, including MetaTrader 4, MetaTrader 5, and their proprietary platform.

Withdrawals and deposits are hassle-free, with a wide range of methods available. Notable options include Skrill, WebMoney, and Perfect Money, along with the company's own documentation process. Additionally, users can conveniently withdraw funds via credit card or bank transfer, further expanding the withdrawal and deposit options offered by the company.

While the company has numerous strengths, it is important to consider some potential disadvantages as well.

Japanese candlesticks' closing and opening timings may vary across different time frames, but the price movement remains consistent with other companies in terms of market dynamics. Regarding the spread, I have observed that it is significantly narrow across various currency pairs, which is advantageous for this company.

In the past, the company faced a poor reputation and encountered numerous issues. However, they have successfully addressed and resolved those problems, resulting in a substantial improvement. The company has made positive changes to its policies, and one notable improvement is the reduction in lot sizes. This adjustment accommodates traders of all levels and preferences.