Compare FxGrow Vs FXOpen: Which is the Better Forex Broker in 2024?
FxGrow Vs FXOpen, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between FxGrow Vs FXOpen, here is the direct comparison:
Compare | FxGrow | FXOpen |
General Rating |
1.00/5 |
2.86/5 |
Score | ||
Trustpilot |
3.8/5 2 users |
4.2/5 12 users |
πΌ Regulation | ||
β Info | ||
β Established | 2008 | 2003 |
π² Min Deposit | $100 | $1 |
β Max Leverage | 1:100 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $8 | $1.50 |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Skrill, Wire transfer, Credit/debit cards and Neteller | Wire transfer, Credit/debit cards, FasaPay, Crypto, Litecoin, Ethereum, Crypto Cash, Tether (USDT), WebMoney and AdvCash |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Physical Stock |
π£ Website Languages | Arabic, English | Arabic, German, English, Spanish, French, Hungarian, Indonesian, Italian, Russian, Chinese, Portuguese, Thai, Turkish |
πͺ Trade Now | Open FxGrow | Open FXOpen |
Compare Again
News
-
FXOpen UK Forex Broker Reports 5.5% Revenue Increase
-
FXOpen Introducing New ETF CFDs, Opening Doors to American, Chinese, and Indian Markets
-
Automated EA and Indicator Script Now Available in FXOpen
-
Micro Trading Account Now Available in FxGrow
-
FxGrow Removed its Web Trader Platform
-
FXOpen Releases New Exotic Currency Pairs on its Platform
-
FXOpen Reduces the Minimum Size of Index CFDs
-
FXOpen Books the Most Innovative Awards from Traders Union
-
FXOpen Approves Zero Commission on Index CFDs
-
See More Related FxGrow News
-
See More Related FXOpen News
Article
-
How to Open Account in FxGrow
-
How to Deposit and Withdraw from FxGrow
-
Your Guide to FXOpen Forex Contests in 2023
-
FXOpen Vs Tickmill for Cryptocurrency Trading
-
Is FXOpen PAMM Service Worth It?
-
FXOpen ECN vs STP Account
-
Your Definitive Guide to FXOpen ECN Account
-
Guide to FXOpen Deposit and Withdrawal
-
All You Need to Know about FXOpen Mobile App
-
See More Related FxGrow Article
-
See More Related FXOpen Article
More Comparisons
- Exness vs FBS
- IC Markets vs Octa
- RoboForex vs XM
- HF Markets vs Pepperstone
- Admirals vs AvaTrade
- ThinkMarkets vs LiteFinance
- eToro vs FXOpen
- InstaForex vs FP Markets
- FXTM vs Markets4you
- FirewoodFX vs Vantage Markets
- FIBOGroup vs BDSwiss
- JustMarkets vs Tickmill
- FxPro vs MTrading
- Grand Capital vs
- More Comparisson
- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, FxGrow provides their pricing with Variable spread while FXOpen offers Variable spread.
FxGrow vs FXOpen: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, FxGrow enables trading with MetaTrader 5. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, FXOpen provides trading with MetaTrader 4 (Limited with 30 days), MetaTrader 5 (Limited with 30 days), TickTrader (Limited with 30 days), TradingView, Web with the support of One-click trading, Trailing stop, Pending orders.
Is FxGrow or FXOpen better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, FxGrow supports trading with Forex, Gold & silver, Crypto, CFD, Oil, Stocks, Indexes, Energies, while FXOpen presents the ability of trading with Crypto, Etf, Commodities, Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Energies.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to FxGrow and FXOpen:
- Compare FxGrow vs IC Markets
- Compare FxGrow vs InstaForex
- Compare FxGrow vs JustMarkets
- Compare FXOpen vs Exness
- Compare FXOpen vs Octa
- Compare FXOpen vs Fxview
For more comparisons, visit this page.