FXOpen Reviews Read Customer Service Reviews of www fxopen.com 5 of 11

The company was established in 2005 to provide a conducive trading environment, a wide range of financial assets,  innovative features, and flexible account types. Thank you for taking the time to leave a review, Shane, we’re pleased that you’re happy with the service. We’ll pass your positive comments onto our Customer Support team. I have been trading here for over 10 years, enjoying great trading conditions and friendly customer service.

Deposit & Withdrawal Options

While its headquarters is in Auckland, New Zealand, FXOpen has representative offices in various countries, including Russia, Indonesia, Malaysia, and Thailand. However, it is essential to note that some countries are specifically excluded from FXOpen’s xcritical scammers services due to legal or regulatory criteria. These include the United States of America, Belgium, and Japan. Like our Longhornfx review, FXOpen has a global presence with offices in various countries, including Australia, the United Kingdom, and Egypt.

The latest news increase the leverage…

Verification is required before granting access to the trading account, providing added protection against unauthorized entry. They attract traders from all over the globe because they offer a wide choice of account types designed to suit various trading styles and preferences. Opening and verification of my account was easy and fast.I had some questions about transfering money.

  1. I would’ve preferred a 24/7 chat availability but 24/5 is what you will find from most brokers.
  2. Turkey has interest rates of 12% whereas the Euro area is 0%.
  3. The minimum withdrawal for bank wire transfer is 50 GBP, USD, or EUR, and for all other methods, the minimum is 10.
  4. This means that customer funds are separated from operational finances, thus ensuring they will not be appropriated for other purposes and remain secure even in the eventuality of company insolvency.

Not enough deposit options

It is very important to note that past signal performance is by no means a guarantee of future performance. FXOpen Markets Limited is a legally registered entity located in Saint Kitts and Nevis, but is not regulated by any government agency. I don’t find this that suspect since there are a ton of offshore brokers that are operating today and they are regulated in other jurisdictions that I would consider top-tier.

Is there a web trading platform available at FXOpen?

In addition to this, they offer One Click Trading and a Level 2 MT4 plug-in, so you can place trades with just one click. FXOpen clients receive real-time quotes from the industry’s largest liquidity providers. The list of LPs includes Dresdner, SG Paris, Standard Chartered, Barclays Capital, Bank of America, CRNX, JPMorgan, Morgan Stanley, Deutsche Bank AG, RBS, CITI, UBS, HOTSPOT INST, GOLDMAN & LavaFX. These are top quality liquidity providers which help ensure you get excellent pricing from FXOpen at all time. If there’s anything else we can do to enhance your experience further, please don’t hesitate to let us know. We’re here to support you every step of the way.Thank you for choosing FXOpen.

honest and reliable broker

You can specify the lot size you want to work out the commission for and click individual currency pairs for the detailed formulas behind the calculations. I like how can download and use ready made expert advisors (EA’s) for automated trading or use the built in MetaEditor to create your own automated strategies in the MQL programming language. The strategy tester allows you to back test EAs over historical data.

It mirrors the actual conditions in live trading accounts by availing real-time market statistics and access to trade platforms. It offers a wide variety of accounts, in-depth market range, competitive spreads, and multiple high-quality platforms. Traders with moderate to advanced experience levels will enjoy working with FXOpen, which is one of the fastest-growing brokers in the industry. I’ve been trading with FXOpen for many years and their execution is fantastic. I consistently see tight spreads on primary pairs like GPB/USD, typically around 0.2 pips, and similar spreads on other majors. Any issue that occurred, they were quick to respond and very understanding.

We look forward to continuing to serve you with excellence. Hi Dave, thanks for taking the time to leave a review, we’re pleased you found the videos useful. Our Customer Support team have advised your balance is on your account. Unfortunately the PAMM service is not xcritically available for AU residents. Thank you for taking the time to leave a review, we’re pleased to see clients leaving high ratings and are delighted you’re recommending us to your friends.

FXOpen have certain verification xcriticals and document requirements that we must comply with. Hello, thank you so much for taking the time to leave us a 5 star rating – it’s much appreciated! I trade on the TickTrader platform with the FXOpen broker. Withdrawal times at FXOpen vary by method, with bank transfer withdrawals being handled between 1-3 days and card withdrawals taking up to 5 days, which is consistent with industry standards.

Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold The Forex Geek and any authorized distributors of this information harmless in any and all ways. The TickTrader online terminal, which works with all major browsers and operating systems, allows you to trade without downloading anything and without sacrificing any functionality. The online terminal may be accessed via the FXOpen website.

More than 70% of online trading brokers offer MT4 to clients whilst a large percentage of retail forex transactions are conducted through MT4. I personally prefer MT4 since I find it does everything I need without complications and I have been using it for many years. You can download the MetaTrader platforms for free on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). If you are a MetaTrader user then you may want to consider Pepperstone instead. Thank you for your review, Yassin, we’re delighted you’re happy with the platform and customer service you receive from us. Suitable for both beginners and experienced traders.Simple user interface.

On the other hand, STP account holders will incur no separate commission fee. FXOpen have a good selection of deposit and withdrawal methods including online payment processors for fast and convenient transactions. Options include bank transfer, credit card, Skrill, Neteller and Bitcoin. The STP trading account has the benefits https://dreamlinetrading.com/ of ECN real market execution with a starting deposit of just $10, compared to $100 on the FXOpen ECN account. There is no commission charged on this account type although spreads will tend to be higher. I really like the minimum deposit requirement as this is really lower than the industry average of around $200.

It is good to see the broker also receives a decent trust rating in other customer reviews. FXOpen offers a $10 no deposit bonus (NDB) for the ECN TickTrader account and the STP PAMM accounts. There is also a $1 welcome bonus for Micro accounts and a ForexCup Trading Contest bonus, subject to demo contest terms and conditions.