FXOpen Review 2023 & Cashback
FXOpen reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.
FXOpen Regulation / Money Protection
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
FXOpen AU PTY Ltd |
|
|
|
|
30 : 1 | |
FXOpen EU Ltd |
|
|
|
|
30 : 1 | |
FXOpen Ltd |
|
|
|
|
30 : 1 | |
FXOpen Markets Limited
St Kitts and Nevis |
|
|
|
|
|
500 : 1 |
FXOpen Account types
STP | PAMM STP | ECN | PAMM ECN | Crypto | |
Commission | - | From 1.5 to 5 units for ECN Accounts | 0.5% of the base currency Per Lot; | ||
Maximum leverage | 500:1 | 100:1 | 500:1 | 100:1 | 3:1 |
Mobile Platform | MT4 Mobile, MT5 Mobile | - | MT4 Mobile, MT5 Mobile | MT4 Mobile | |
Trading Platform | MT4, MT5, WebTrader | - | MT4, MT5, WebTrader | - | MT4 |
Spread Type | Variable Spread | ||||
Minimum Deposit | 10 | 200 | 100 | 10 | |
Minimum Trade Size | 0.01 | ||||
Trailing Stops | |||||
Scalping Allowed | |||||
Hedging Allowed | |||||
Islamic Accounts |
STP | |
Maximum leverage | 500:1 |
Typical Spread | 1 - 1.2 |
Trading platform | MT4MT5WebTrader |
Mobile platform | MT4 MobileMT5 Mobile |
Spread type | Variable Spread |
Minimum deposit | 10 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
PAMM STP | |
Maximum leverage | 100:1 |
Typical Spread | 1 - 1.2 |
Spread type | Variable Spread |
Minimum deposit | 200 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
ECN | |
Commission | From 1.5 to 5 units for ECN Accounts |
Maximum leverage | 500:1 |
Typical Spread | 0.0-0.4 |
Trading platform | MT4MT5WebTrader |
Mobile platform | MT4 MobileMT5 Mobile |
Spread type | Variable Spread |
Minimum deposit | 100 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
PAMM ECN | |
Commission | From 1.5 to 5 units for ECN Accounts |
Maximum leverage | 100:1 |
Typical Spread | 0.0 - 0.4 |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 100 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
Crypto | |
Commission | 0.5% of the base currency Per Lot; |
Maximum leverage | 3:1 |
Typical Spread | 0.0 |
Trading platform | MT4 |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 10 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
FXOpen Cashback rebates
Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
STP | PAMM STP | ECN | PAMM ECN | Crypto | |
Forex | 0.30 Pips | 23.33% Of Commissions Paid | 20% Of Commissions Paid | ||
Cryptocurrencies | - | 20% Of Commissions Paid | |||
Payment Options |
Monthly Cash Back
|
STP | |
Forex | 0.30 Pips |
Payment Options |
Monthly Cash Back
|
PAMM STP | |
Forex | 0.30 Pips |
Payment Options |
Monthly Cash Back
|
ECN | |
Forex | 23.33% Of Commissions Paid |
Payment Options |
Monthly Cash Back
|
PAMM ECN | |
Forex | 23.33% Of Commissions Paid |
Payment Options |
Monthly Cash Back
|
Crypto | |
Forex | 20% Of Commissions Paid |
Cryptocurrencies | 20% Of Commissions Paid |
Payment Options |
Monthly Cash Back
|
Notes
PAMM STP Accounts: Manager and investor receive rebates proportionate to the amount invested.
Maximum rebates payable per client: $66.66 per order; $666.66 per day; $6666.66 total.
Rebates are not paid on Micro accounts.
Maximum rebates payable per client: $66.66 per order; $666.66 per day; $6666.66 total.
Rebates are not paid on Micro accounts.
What are FXOpen rebates?
FXOpen rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
How do FXOpen rebates work?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.
How much FXOpen rebates can I earn?
Use our forex rebate calculator to estimate your FXOpen rebate earnings:
FXOpen Web traffic
Websites |
fxopen.com
|
Organic monthly visits | 297,205 (100%) |
Organic traffic rank | 77 out of 1689 (Forex Brokers) |
Paid monthly visits | 0 (0%) |
Total monthly visits | 297,205 |
Bounce rate | 64% |
Pages per visit | 1.14 |
Average visit duration | 00:01:56.2730000 |
FXOpen Profile
Company Name | FXOpen Markets Limited,FXOpen AU PTY Ltd, FXOpen EU, Ltd FXOpen Ltd |
Categories | Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates |
Primary Category | Forex Brokers |
Year Founded | 2005 |
Headquarters | St Kitts and Nevis |
Office Locations | Australia, St Kitts and Nevis, New Zealand, Russia, United Kingdom |
Account Currency | AUD, CHF, EUR, GBP, GLD, JPY, RUB, SGD, USD, BTC, LTC, ETC |
Client funds bank | ALFA-BANK |
Support Languages | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Portuguese, Russian, Spanish, Thai, Turkish |
Funding Methods | Bank Wire, Bitcoin, Credit/Debit Card, FasaPay, Litecoin, Neteller, POLi, Webmoney, Local Bank Transfer, Bitcoin Cash, Ethereum, AdvCash, Tether (USDT) |
Financial Instruments | Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, ETFs |
FXOpen Overall rating
Ranked 44 out of 1689 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating | Weight | |
Real customer rating |
4.1 (38 reviews)
|
3 |
Popularity |
4.3
|
3 |
Regulation |
5.0
|
2 |
Pricing rating |
5.0
|
1 |
Features |
Not rated
|
1 |
Customer Support |
Not rated
|
1 |
FXOpen Real customer rating
FXOpen reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.
Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.