FXOpen User reviews
(54
)
)
Ranked 94 out of 1780 (Forex Brokers)
This rating is based on 37 reviews by users that proved they are real customers of this company. All reviews undergo significant human and technical moderation. Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.
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 |
|
up to €20,000
|
|
|
30 : 1 | |
| FXOpen Ltd |
|
up to £85,000
|
|
|
30 : 1 | |
|
FXOpen Markets Limited
St Kitts and Nevis |
|
|
|
|
|
500 : 1 |
FXOpen Overall rating
Ranked 79 out of 1780 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
| Rating | Weight | |
| User Rating |
3.7 (54 reviews)
 |
3 |
| Popularity |
3.9
|
3 |
| Regulation |
5.0
|
2 |
| Pricing rating |
5.0
|
1 |
| Features |
Not rated
|
1 |
| Customer Support |
Not rated
|
1 |
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 |
| Prohibited Countries | Iran, United States |
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread
FXOpen Account types
| STP | PAMM STP | ECN | PAMM ECN | |
| Commission | - | From 1.5 to 5 units for ECN Accounts | ||
| Maximum leverage | 500:1 | 100:1 | 500:1 | 100:1 |
| Mobile Platform | MT4 Mobile, MT5 Mobile | - | MT4 Mobile, MT5 Mobile | MT4 Mobile |
| Trading platform | MT4, MT5, WebTrader | - | MT4, MT5, WebTrader | - |
| Spread Type | Variable Spread | |||
| Minimum Deposit | 10 | 200 | 100 | |
| 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 |
|
FXOpen Web traffic
Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.
| Websites |
fxopen.com
|
| Organic monthly visits | 293,719 (99%) |
| Organic traffic rank | 75 out of 1780 (Forex Brokers) |
| Paid monthly visits | 1,570 (1%) |
| Total monthly visits | 295,289 |
| Bounce rate | 53% |
| Pages per visit | 2.89 |
| Average visit duration | 00:01:31.4690000 |
FXOpen Promotions
FXOpen User 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.
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 | |
| Forex | 0.30 Pips | 23.33% Of Commissions Paid | ||
| Cryptocurrencies | - | 23.33% 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 |
| Cryptocurrencies | 23.33% Of Commissions Paid |
| Payment Options |
Monthly Cash Back
|
| PAMM ECN | |
| Forex | 23.33% Of Commissions Paid |
| Cryptocurrencies | 23.33% 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:
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