Written by Jason Peterson
Edited by David Johnson
Fact checked by Angelo Martins
Human moderated by Jason Peterson
Last updated August, 2024

FXOpen Overall rating

4.3
Ranked 45 out of 828 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
User Rating 3
Popularity
3.8
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 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 361,006 (99%)
Organic traffic rank 65 out of 828 (Forex Brokers)
Paid monthly visits 1,977 (1%)
Total monthly visits 362,983
Bounce rate 54%
Pages per visit 3.02
Average visit duration 00:01:37.6790000

FXOpen Account types

  STP PAMM STP ECN PAMM ECN
Commission-From 1.5 to 5 units for ECN Accounts
Maximum leverage500:1100:1500:1100:1
Mobile PlatformMT4 Mobile, MT5 Mobile-MT4 Mobile, MT5 MobileMT4 Mobile
Trading platformMT4, MT5, WebTrader-MT4, MT5, WebTrader-
Spread TypeVariable Spread
Minimum Deposit10200100
Minimum Trade Size0.01
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 User Rating

4.1

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
Forex0.30 Pips23.33% Of Commissions Paid
Cryptocurrencies-23.33% Of Commissions Paid
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  STP
Forex 0.30 Pips
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  PAMM STP
Forex 0.30 Pips
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  ECN
Forex 23.33% Of Commissions Paid
Cryptocurrencies 23.33% Of Commissions Paid
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  PAMM ECN
Forex 23.33% Of Commissions Paid
Cryptocurrencies 23.33% Of Commissions Paid
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

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.

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.

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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FXOpen Regulation / Money Protection

5.0
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 Symbols

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