
FXOpen
FXOpen is a retail forex brokerage and trading platform that offers online trading services by providing its customers access to the electronic communication network (ECN) for reading and making trades in cryptocurrencies, precious metals and other currencies. The product mainly deals in MetaTrader 4 online trading platform to make it possible for its users to trade at the international level with access to businesses worldwide.
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FXOpen Review and Overview
Foreign exchange and trading are some of the riskiest businesses because they deal with a valuable asset which is money. FXOpen is a brokerage website for foreign exchange. Initially, when FXOpen was established, it was created as a knowledge provider website for all information regarding the foreign exchange world. But soon after, it also started trading in the same field and has grown rapidly since then. That's why super has a great reputation across the globe in the domain of foreign exchanges.
What helped FXOpen to maintain its reputation?
FXOpen provides high quality and professional level services for all types of cryptocurrency trading as well as foreign exchanges to its customers. It also deals in PAMM accounts, taking care of everything from management to investment. FXOpen offers the MT5 as well as MT4 terminal to provide a better quality trading environment to its users along with offering them a very low commission.
How to begin with FXOpen?
It is very simple to start your foreign exchange trading with the help of FXOpen. You just need to register with them and verify that you are a genuine person, then you have to create your account for trading and then you can download any of the MetaTrader version 4 or 5. Then you need to transfer funds to your account. Don't worry about the payment gateway as there are many secure payment systems available. Then you can instantly start trading by simply feeding in your credentials and authenticating yourself.
Additional perks of trading with FXOpen
Along with this you also get to have your chance to try your luck in the cashback program offered by FXOpen. This program will give you a 90-day time limit and then you can trade and get additional benefits in the form of cashback. And it is not limited only to the high-level accounts, any member having any kind of trading account with FXOpen can use this facility.
Bottom line
They provide more than 80 different types of account types as well as instruments for trading. Also, they have partnered with Bitcoin, Visa, MasterCard, Skrill, WebMoney, and many more high-end brands to provide its customers with a lavish trading experience that has lots of options and variety.
Top FXOpen Features
- True ECN technology broker
- Low cost trading
- Spreads from 0.0 pips
- Commission from $1.50 per lot
- Instant trade execution
- Wide range of liquidity providers
- Free VPS availability
- High frequency and scalping welcome
- Multi-asset trading options
- Customizable trading platforms
- Mobile and web app access
- Advanced trading tools
- Social trading capabilities
- Fast execution on London server
- FCA regulated in the UK
- Client funds protection up to £85
- 000
- Insightful trading analysis
- User-friendly account registration
- Multiple funding options
- Dedicated FXOpen mobile app
Top FXOpen Alternatives
- BlackBull Markets
- Axitrader
- Markets.com
- Tradeking Forex
- iForex
- Vantage
- FXDD
- easyMarkets
- MTrading
- AvaTrade
- 5paisa
- SaxoBank
- ICICIdirect
- Zulu
- IFCMarkets