FXOpen Review 2026

Item: FXOpen
Rating: 6.65
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: June 05, 2026

Top Brokers Overview — United States

Visit the site anyway

Min. deposit $1
Fees 7 /10
Account types 7.3 /10
Regulation 9.7 /10

6.7 /10

Moderate risk

FXOpen User Reviews 7.4
Commissions and Fees 7.0
Regulation and Safety 9.7
Account Types 7.3
Deposit and Withdrawal 6.7
Markets and Tradable Assets 8.3
Trading Account Opening 9.0
Trading platforms & tools 8.4
Mobile Apps 8.0
Customer Support 5.1

FXOpen Pros & Cons

Regulation by two reputable supervisory authorities and membership in the Financial Commission;
Compensation of up to EUR 20,000 (FXOpen EU Ltd) and up to £85,000 (FXOpen Ltd) per client in case of the broker's bankruptcy or failure to fulfill withdrawal obligations;
Use of STP (Straight Through Processing) and ECN (Electronic Communication Network) technologies that eliminate dealing center involvement;
The opportunity for residents of many countries to start trading on STP accounts with $10;
Trading with leverage up to 1:30 or up to 1:500, depending on client status and country.
Protection against negative balance for every retail trader.

High minimum deposit for traders from the United Kingdom and EU countries, starting from $300 or equivalent;
Limited range of educational content for beginners;
Micro cent accounts are not available in all countries.

TU Expert Verdict

FXOpen demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

Top-5 Brokers Traders Prefer

title="Trading.com USA" Trading.com USA

Trading.com USA

8.8 /10

Regulation Tier-1

EUR/USD 0.9 pips

title="Plus500" Plus500

Plus500

8.4 /10

Regulation Tier-1

EUR/USD 0.5 pips

title="OANDA" OANDA

OANDA

7 /10

Regulation Tier-1

EUR/USD 0.1 pips

title="FOREX.com" FOREX.com

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

title="Venom by Cobra Trading" Venom by Cobra Trading

Venom by Cobra Trading

6.9 /10

Regulation Tier-1

EUR/USD 0.25 pips

FXOpen User Reviews

Score:

7.4 /10

99 total

5-star

28%
4-star

28%
3-star

32%
2-star

9%
1-star

2%

OlhaD

PRO

1 year ago

Tight spreads

I liked the broker for the quality of execution on the ecn account. Fast withdrawal of funds. I use usdt. I trade on an ECN account on the EUR/USD pair. This pair has the tightest spreads

Benjamin

PRO

1 year ago

Low Spreads

More Deposit options needed

Better than others Forex Brokers

FXOpen is better than other Forex brokers around in the terms of the trading experience and low spreads in the ECN accounts. Deposits and withdrawals are hassle-free and I am a Full time trader using them from 2 years.

Thank you FXOpen for being a part in my Success.

mannon

PRO

2 years ago

Offers a wide range of trading

nothing

What I like best about trading with fxopen broker is the wide range of trading tools available to traders. I hope they continue to take this approach

Make your review professional!

In order to send a review as a PRO, fill out all fields of the form.

What's in it for you?

This review will be posted higher on the list than others.
More users will be able to see your review.
Your review will be marked as "PRO".

Add your photo:

Available JPG or PNG Change

Rate the company:

Each star gives 2 points to the company's score.

POINT OUT THE ADVANTAGES OF THE COMPANY

Point out its weaknesses

Your Name

Social media link:

Leave a message:

Add your image or video:

Commissions and Fees

Score:

7 /10

The trading and non-trading commissions of FXOpen have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread

Inactivity fee applies
Deposit fee applies

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of FXOpen with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, FXOpen’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

FXOpen Standard spreads
	FXOpen	OANDA	FOREX.com
EUR/USD min, pips	0.5	0.1	0.7
EUR/USD max, pips	1.2	0.5	1.2
GPB/USD min, pips	0.6	0.1	0.9
GPB/USD max, pips	1.4	0.5	1.4

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

FXOpen RAW/ECN spreads
	FXOpen	OANDA	FOREX.com
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	1.5	3.5	5
EUR/USD avg spread	0.1	0.15	0.2
GBP/USD avg spread	0.3	0.2	0.4

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with FXOpen. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

FXOpen Non-Trading Fees
	FXOpen	OANDA	FOREX.com
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0.5	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0.5-2	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0-15	0
Inactivity fee ($, per month)	10-100	0	15

Is FXOpen Safe?

Score:

9.7 /10

We checked the FXOpen office

FXOpen has a safety score of 9.7/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection
Regulated in the UK
Track record over 21 years

Strict requirements and extensive documentation to open an account

FXOpen Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
FCA UK	Full Name Financial Conduct Authority	Country of regulation United Kingdom	Investor Protection Fund Up to £85,000	Regulation Level Tier-1
CySec	Full Name Cyprus Securities and Exchange Commission	Country of regulation Cyprus	Investor Protection Fund Up to €20,000	Regulation Level Tier-1
The Financial Commission	Full Name The Financial Commission	Country of regulation International	Investor Protection Fund Up to €20,000	Regulation Level Tier-3

FXOpen Security Factors
Foundation date	2005
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

7.3 /10

FXOpen offers the following account options: Demo, Standard, ECN/Raw spread, Cent, Micro, Swap Free, Managed.

FXOpen covers the core account types, making it convenient for traders with different preferences and strategies.

Standard account with balanced trading conditions
Low minimum deposit
Cent account for beginners

No VIP account option

FXOpen account types vs top competitors
	FXOpen	Trading.com	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	No	No
Demo	Yes	Yes	Yes
Cent	Yes	No	No
Micro	Yes	No	No
Swap Free	Yes	No	Yes
VIP	No	No	No
Managed	Yes	No	No

FXOpen accounts trading conditions

FXOpen offers 2 types of accounts – user and demo. The demo account is an educational account where trading with real money is not available. To start earning real profits, open a trading account.

Account types:

Account Type	Description
STP	standard MT4 accounts with no trading fee, allowing trading with 50+ currency pairs, gold, and silver. The starting deposit is $10 or equivalent. Leverage is up to 1:30 or up to 1:500 depending on the trader's country;
ECN	accounts with a more diverse range of trading assets. The fee starts from 1.5 units of the base currency per lot, and spreads start from 0.0 pips. The minimum deposit is $100. ECN accounts are available on the MT4, MT5, TradingView, and TickTrader platforms. The available leverage is up to 1:30 or up to 1:500, depending on client status and country;
Islamic	swap-free equivalents of STP, ECN.

In EU countries, and the UK two types of accounts – STP and ECN – are available. FXOpen adjusts their conditions to meet the requirements of local regulators. Also, all traders from these countries are divided into retail and professional categories. For the latter, the broker provides Pro accounts with higher leverage (up to 1:100 or up to 1:500) and a wider range of assets.

FXOpen offers STP and ECN accounts, available on different types of platforms, allowing each trader to choose the most suitable trading option.

Deposit and Withdrawal

Score:

6.7 /10

FXOpen received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

FXOpen provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Bank card deposits and withdrawals
USDT (Tether) supported
Minimum deposit below industry average
Low minimum withdrawal requirement

Limited deposit and withdrawal flexibility, leading to higher costs
Withdrawal fee applies
No bank wire option

What are FXOpen deposit and withdrawal options?

FXOpen provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Skrill, Neteller, BTC, USDT.

FXOpen Deposit and Withdrawal Methods vs Competitors
	FXOpen	Trading.com	Plus500
Bank Wire	No	Yes	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	Yes	No	No

What are FXOpen base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. FXOpen supports the following base account currencies: USD, EUR, GBP, JPY, AUD, CHF, Bitcoin, SGD, RUB, LTC.

What are FXOpen's minimum deposit and withdrawal amounts?

The minimum deposit on FXOpen is $1, while the minimum withdrawal amount is $10. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FXOpen’s support team.

Markets and Tradable Assets

Score:

8.3 /10

FXOpen provides a standard range of trading assets in line with the market average. The platform includes 700 assets in total and 50 Forex currency pairs.

Passive income with bonds
50 supported currency pairs
700 assets for trading

Regional restrictions are possible

Supported markets vs top competitors

We have compared the range of assets and markets supported by FXOpen with its competitors, making it easier for you to find the perfect fit.

	FXOpen	Trading.com	Plus500
Currency pairs	50	69	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	700	69	2800
Stocks	Yes	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	No	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products FXOpen offers for beginner traders and investors who prefer not to engage in active trading.

	FXOpen	Trading.com	Plus500
Bonds	Yes	No	No
ETFs	Yes	No	Yes
Copy trading	Yes	No	No
PAMM investing	Yes	No	No
Managed accounts	Yes	No	No

Trading Account Opening

Score:

9 /10

We successfully registered an account with FXOpen in 20 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at FXOpen is $1.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Fully online account opening process
Low minimum deposit requirement
Quick KYC verification (1 business day or less)

Registration process may take longer than expected

FXOpen account opening
	FXOpen	Trading.com	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$1	$50	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	20	20	5
KYC time (days)	1	2	3

Is FXOpen available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

The functionality of the user account involves managing accounts and funds, configuring security settings, downloading software, etc. Below is a brief guide on how to open and use it.

After navigating to the FXOpen company website and clicking on the user account button, the system redirects to the division that serves your region. This process is automatic, and the trader cannot choose another FXOpen representation.
Next, fill out the registration form, choose the account type (user, corporate), and customize it according to your trading needs. You can select the currency, leverage level, execution model (STP/ECN), and trading platform for the primary account. Additional accounts can be opened in the user account. You also need to answer questions about CFD trading, generate a secure password, and confirm your phone number and email.
To commence trading, follow these steps in your user account:
- Upload documents for the KYC (Know Your Customer) procedure, enabling the broker to verify information about you.
- Choose a convenient payment method from the available list to fund your trading account.

The user account menu also allows the client to:

Download the desktop versions of trading platforms or access WebTrader;
View data on open accounts such as number, password, and server;
Change the login password and PIN code;
Enable and configure two-factor authentication;
View the list of IP addresses used to log into the account;
Withdraw funds, exchange currencies, transfer money from one account to another;
Communicate with technical support online in the chat.

Trading platforms & tools

Score:

8.4 /10

FXOpen received a score of 8.4/10, indicating a strong offering in terms of trading platforms and tools. The broker provides broad access to popular platforms and supports a variety of features designed to enhance both manual and automated trading.

Trading bots (EAs) allowed
MetaTrader is available
One-click trading
Trade directly from TradingView

No access to a proprietary platform
Strategy (EA) Builder is not available
No access to cTrader and its advanced tools.

Supported trading platforms

FXOpen supports the following trading platforms: MT4, MT5, TradingView. This selection covers the basic needs of most retail traders. We also compared FXOpen’s platform availability with that of top competitors to assess its relative market position.

	FXOpen	Trading.com	Plus500
MT4	Yes	No	No
MT5	Yes	Yes	No
cTrader	No	No	No
TradingView	Yes	Yes	Yes
Proprietary platform	No	Yes	Yes
NinjaTrader	No	No	No
WebTrader	No	Yes	Yes

Key FXOpen’s trading platform features

We also evaluated whether FXOpen offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.

Supported features
2FA	Yes
Alerts	No
Trading bots (EAs)	Yes
One-click trading	Yes
Scalping	Yes
Supported indicators	68
Tradable assets	700

Additional trading tools

FXOpen offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.

FXOpen trading tools vs competitors
	FXOpen	Trading.com	Plus500
Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making.	No	Yes	No
API	Yes	No	No
Free VPS	Yes	No	No
Strategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills.	No	No	No
Autochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels.	No	No	No

Mobile Apps

Score:

8 /10

FXOpen supports mobile trading, offering dedicated apps for both iOS and Android. FXOpen received 8/10 in this section, reflecting strong user engagement and well-developed functionality. High ratings, solid download numbers, and the presence of advanced mobile features contributed to the high score.

Solid iOS user feedback, with a rating of 5.0/5
Strong Android user ratings, currently at 5.0/5
Mobile alerts supported

Fewer charting tools

We compared FXOpen with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.

	FXOpen	Trading.com	Plus500
Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms.	100,000	50,000	10,000,000
App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience.	5.0	4.8	4.7
Google Play score	5.0	4.7	4.4
Mob. 2FA	Yes	Yes	Yes
Mob. Indicators	Yes	Yes	Yes
Mob. Alerts	Yes	Yes	Yes

Customer Support

Score:

5.1 /10

Customer support at FXOpen is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. FXOpen provides basic support functionality but does not stand out in overall service performance.

Information

The working hours of different FXOpen divisions vary. The EU office is available from 9:00 to 20:00 (Eastern European Time), the UK office from 8:00 to 18:00 (London Time), and the Global office from 7:00 to 16:00 (GMT) from Monday to Friday. Chat operates 24/5.

Round-the-clock access to chat on weekdays
Support in multiple languages

Traders cannot request a call back from an FXOpen representative
Technical support is not available on Saturdays and Sundays

If a trader wishes to communicate with technical support, they can do so using the following channels:

Chat, available on the website and in the user account;
Phone call;
Email inquiry;
Request a call back from the website.

Registered clients with the broker can create a ticket in their user account.

Contacts
Foundation date	2005
Registration address	FXOpen INT: P.O. Box 590, Springates East, Government Road, Charlestown, Nevis FXOpen UK: 80 Coleman Street, London, EC2R 5BJ, United Kingdom FXOpen EU: 38 Spyrou Kyprianou Street, CCS BLDG - Office N101, 4154 Limassol, Cyprus
Regulation	FCA, CySEC, The Financial Commission Licence number: 579202, 194/13
Official site	fxopen.com
Contacts	support@fxopen.com support@fxopen.co.uk support@fxopen.eu +64 9 801 0123, +357 25024000, +44 (0) 203 519 1224

Best FXOpen Alternatives

title="Trading.com USA" Trading.com USA

Trading.com USA

8.8 /10

Regulation Tier-1

EUR/USD 0.9 pips

title="Plus500" Plus500

Plus500

8.4 /10

Regulation Tier-1

EUR/USD 0.5 pips

title="OANDA" OANDA

OANDA

7 /10

Regulation Tier-1

EUR/USD 0.1 pips

title="FOREX.com" FOREX.com

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

title="Venom by Cobra Trading" Venom by Cobra Trading

Venom by Cobra Trading

6.9 /10

Regulation Tier-1

EUR/USD 0.25 pips

FXOpen Video Guides

FAQs

What trading commissions and non-trading fees does FXOpen charge?

FXOpen’s overall fee level is described as medium, with low forex trading fees and tight EUR/USD spreads, but it does apply both inactivity and deposit fees. Standard account spreads on EUR/USD typically range from 0.5 to 1.2 pips, while ECN accounts have average EUR/USD spreads around 0.1 pips plus a commission of 1.5 units of the base currency per lot; non-trading fees include a 0.5% deposit fee, 0.5–2% withdrawal fee, and a monthly inactivity fee of $10–$100.

How do FXOpen account types differ in terms of conditions and minimum deposits?

FXOpen offers several account types, including STP (Standard), ECN/Raw spread, Cent, Micro, Swap Free (Islamic), Managed, and Demo accounts, but does not provide a VIP option. STP accounts have no trading fee, a minimum deposit of $10, and leverage up to 1:30 or 1:500 depending on country, while ECN accounts start from a $100 minimum deposit, charge from 1.5 units of the base currency per lot with spreads from 0.0 pips, and are available on MT4, MT5, TradingView, and TickTrader.

What do FXOpen user reviews and feedback indicate about overall satisfaction?

FXOpen has a user satisfaction score of 7.4/10 based on 99 reviews, with ratings distributed across 5-star (28%), 4-star (28%), 3-star (32%), 2-star (9%), and 1-star (2%) evaluations. According to user reviews, overall sentiment is mixed rather than strongly positive or negative.

Which trading platforms and tools are available at FXOpen and how are they rated?

FXOpen’s trading platforms and tools receive a safety score of 8.35/10, and the broker supports MT4, MT5, and TradingView but does not offer cTrader, a proprietary platform, NinjaTrader, or WebTrader. The broker allows trading bots (EAs), one-click trading, scalping, provides 68 indicators, access to about 700 tradable assets, an API, and free VPS, while features like alerts, Trading Central, Autochartist, and a strategy (EA) builder are not available.

What feedback is available on FXOpen customer support hours and contact options?

Customer support at FXOpen has a safety score of 5.1/10, with response speed and quality described as variable and overall service not standing out. Support is available via chat, phone, email, and client tickets, with chat operating 24/5 and different office hours for EU, UK, and Global divisions, while technical support is not available on weekends and traders cannot request a call back from an FXOpen representative despite a website option being mentioned.