FXOpen is a trading name of FXOpen EU Ltd, is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13. FXOpen offers retail and professional trading available markets including indices, commodities, forex, shares, cryptos, and ETFs through MT4, MT5, TickTrader, and TradingView platforms.
| Founded in | 2007 |
| Registered in | Cyprus |
| Regulated by | CySEC |
| Trading Instruments | 700+, indices, commodities, forex, shares, cryptos, ETFs |
| Demo Account | ✅ |
| Account Type | ECN |
| Min Deposit | $/€300 |
| Leverage | Up to 1:30 |
| EUR/USD Spread | Floating around 0.2 pips |
| Trading Platform | MT4/5, TickTrader, TradingView |
| Deposit Fee | ❌ |
| Withdrawal Fee | Free for Viisa/MasterCard and Easy bank transfer, fees for Bank Transfer |
| Customer Service | 9 am – 8 pm (Eastern European Time)
Live chat Tel: +357 25024000 Email: [email protected] |
| Regional Restriction | USA |
Is FXOpen Legit?
Yes, FXOpen is regulated by Cyprus Securities and Exchange Commission (CySEC).
Market Instruments
Indices, commodities, forex, shares, cryptos, ETFs… FXOpen allows clients to access 700+ trading markets.
| Trading Assets | Available |
| Indices | ✔ |
| Commodities | ✔ |
| Forex | ✔ |
| Shares | ✔ |
| Cryptos | ✔ |
| ETFs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
Account
FXOpen only offers a single account type – ECN trading account, with a minimum deposit requirement of 300 USD or EUR.
Leverage
The maximum leverage offered by FXOpen is 1:30. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platforms
As for the trading platform, FXOpen provides its clients with many options. There are public platforms such as MT4/5 and TradingView that have served many clients worldwide, also FXOpen’s own platform TickTrader.
If you didn’t want to spend time familiarizing yourself with a new platform, you can choose MT4/5 and TradingView. But FXOpen’s own platform provides better compatibility with businesses, as they are specially developed and customized platforms.
Deposit & Withdrawal
In terms of deposit and withdrawal, like many good brokers, FXOpen provides a detailed form with important information about payment methods, accepted currencies, minimum/maximum amount, fees, and processing time. The feasible payment methods are Bank Transfer, Visa/MasterCard, and Easy bank transfer.
Customer Support
FXOpen does not offer 24/7 customer support. Customer service time is only available from 9 am to 8 pm (Eastern European Time) by live chat, phone, and email. You can also follow FXOpen on some social media platforms such as YouTube, Facebook, X, Telegram, LinkedIn, and Instagram.
