FXOpen Broker Testimonials
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Testimonials Category
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Deposit and Withdrawal (140)
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Order Execution (59)
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Spreads and Commissions (36)
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Customer Support (82)
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Regulation and security (35)
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Demo accounts (10)
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Slippages and requotes (11)
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Leverage (25)
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Trading cost (20)
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Bonuses and promotions (16)
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Trading Platforms (107)
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Trading Tools (7)
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Trading Contests (1)
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Trading Accounts (69)
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Trading Instruments (46)
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Broker Features (26)
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Partnership Program (4)
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Education (23)
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Automatic Trading (19)
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Hedging (2)
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Other (52)
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Sep 2 2022
Faster Execution of my trades.
I trade with FXOpen for 2 years now and so far it looks good. Fast execution and low spreads, they also gave me a Swap-free account.
The free analysis and signals that they give traders are helpful too. They also offer me Free VPS.
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.
I think it's wonderful that FXOpen has such a wide variety of trading instruments to trade with. However, I must ask if automated trading or copy trading is available in FXOpen. The reason is that I like automatic trading, it's not always resulted in a profitable position but it's practical. If yes, then I wonder what kind of automatic trading platform is available in this broker.
What kind of demo account is available in FXOpen?
To elaborate, from my knowledge, FXOpen is a multi-asset broker.
There are different financial products available in this broker.
For example, I know that they offer CFD assets. So, I wonder if I can try trading these assets through their demo account.
It would be amazing if I could.
Does FXOpen provide insurance of some kind? The reason I ask about this is that I just experience fraud from my old broker. I suffer a loss that wasn't my fault, rather it was because of their technical mistake. I wonder if this broker will provide some sort of protection for their traders if something unexpected happens that causes a huge loss?
I have several questions about the micro account in FXOpen
1. How much are the minimum deposits for this account? Is it any different than others?
2. Will the spread be fixed or floating?
3. Does it allows expert advisors, hedging, as well as scalping?
4. Will there be any inactivity fees if I don't trade for more than 6 months?
Does FXOpens offer bonuses or promotions for new traders at the time?
If not, do they have trading contests happening right now? I have been looking for a trading contest to check out my ability in the forex markets.
If they do offers a trading contest, what kind of tournament do they usually hold?
Is it a demo account contest or a live account contest?
Here are some questions I have regarding the PAMM service in FXOpen. First of all, I saw that this broker also offers PAMM service for cryptocurrency trading, so that is a plus. If I trade cryptocurrency using the regular account, how do I switch to the PAMM cryptocurrency account? Second of all, does this account offers swap-free/Islamic account features?
Is FXOpen suitable for crypto trading? I understand that they now have a dedicated Crypto account, but what I'm worried about is that I don't know if I can enjoy the same spreads as the ECN or the micro account? The reason I am asking is that I want to try crypto trading but I don't think I can get any leverage in crypto exchanges.
My question is about the micro trading accounts in FXOpen. Here are some of them:
1. How much is the minimum and maximum transaction size?
2. Can I use this account for hedging and scalping?
3. Ho much is the minimum account in the FXOpen micro account?