FXOpen Review 2026

Item: FXOpen
Rating: 7.16
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: July 03, 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

7.2 /10

Reliable

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 is a reliable and well-established choice. I’ve reviewed its features, tested its services, and found that traders generally report positive results. It offers stable performance, dependable execution, and overall solid quality for everyday trading.

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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

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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, ZForex and OANDA, 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	ZForex	OANDA
EUR/USD min, pips	0.5	0.1	0.1
EUR/USD max, pips	1.2	0.4	0.5
GPB/USD min, pips	0.6	0.2	0.1
GPB/USD max, pips	1.4	0.6	0.5

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	ZForex	OANDA
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	7	3.5
EUR/USD avg spread	0.1	0.1	0.15
GBP/USD avg spread	0.3	0.15	0.2

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

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.

Cent account for beginners
Demo account
Forex account with Micro lots

No VIP account option

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

Supports 5+ base account currencies
USDT (Tether) supported
Low minimum withdrawal requirement
Bank card deposits and withdrawals

PayPal not supported
Limited deposit and withdrawal flexibility, leading to higher costs
Deposit fee applies

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	ZForex	Plus500
Bank Wire	No	No	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	Yes	Yes	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
ETFs investing
Copy trading platform

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	ZForex	Plus500
Currency pairs	50	50	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	80	2800
Stocks	Yes	Yes	Yes
Commodity futures	Yes	Yes	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	Yes	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	ZForex	Plus500
Bonds	Yes	No	No
ETFs	Yes	No	Yes
Copy trading	Yes	Yes	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	ZForex	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$1	$10	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	20	8	5
KYC time (days)	1	1	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.

Trade directly from TradingView
API access for automated trading
Trading bots (EAs) allowed
One-click trading

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

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	ZForex	Plus500
MT4	Yes	No	No
MT5	Yes	Yes	No
cTrader	No	No	No
TradingView	Yes	No	Yes
Proprietary platform	No	No	Yes
NinjaTrader	No	No	No
WebTrader	No	No	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	ZForex	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	No	No
API	Yes	No	No
Free VPS	Yes	Yes	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.

Supports mobile 2FA
Mobile alerts supported
Solid iOS user feedback, with a rating of 5.0/5

Fewer charting tools

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

	FXOpen	Plus500	OANDA
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	10,000,000	1,000,000
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	4.7	4.8
Google Play score	5.0	4.4	3.4
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

zForex

8 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.6 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

Trading.com USA

6.9 /10

Regulation Tier-1

EUR/USD 0.9 pips

FOREX.com

6.8 /10

Regulation Tier-1

EUR/USD 0.7 pips

FXOpen Video Guides

FAQs

How safe is FXOpen in terms of regulation and investor protection?

FXOpen has a safety score of 9.7/10, which corresponds to a high security level in this review. It is regulated by Tier-1 authorities such as the FCA in the UK (with an investor protection fund up to £85,000) and CySEC in Cyprus (with an investor protection fund up to €20,000), and also participates in The Financial Commission’s compensation scheme up to €20,000. The broker was founded in 2005, applies verification (KYC), and offers negative balance protection, which are cited as additional security factors.

How are FXOpen trading commissions and non-trading fees structured?

According to this review, FXOpen’s overall fee level is rated as medium, with a fees score of 7/10. Standard accounts have floating spreads (for example, EUR/USD typically ranges from 0.5 to 1.2 pips), while ECN/RAW accounts combine tight average spreads (around 0.1 pips on EUR/USD) with a commission of 1.5 units of the base currency per lot. Non-trading fees include a 0.5% deposit fee, withdrawal fees of 0.5–2%, and an inactivity fee ranging from $10 to $100 per month.

What account types does FXOpen offer and what are their key features?

FXOpen provides several account types, including Demo, Standard (STP), ECN/Raw spread, Cent, Micro, Swap Free (Islamic), and Managed accounts, but it does not offer a VIP account option. STP accounts have no trading fee, a minimum deposit from $10, and leverage up to 1:30 or 1:500 depending on country, while ECN accounts require at least $100, charge a commission 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. In the EU and UK, only STP and ECN accounts are available, with retail and professional categories affecting leverage and asset range.

What deposit and withdrawal options and limits are available at FXOpen?

FXOpen supports deposits and withdrawals via bank cards, Skrill, Neteller, BTC, and USDT, but bank wire transfers are not available according to this section. The broker charges both deposit and withdrawal fees, and offers a wide range of base account currencies including major fiat currencies and cryptocurrencies such as USD, EUR, GBP, JPY, AUD, CHF, SGD, RUB, Bitcoin, and LTC. The minimum deposit is $1 and the minimum withdrawal is $10, though the review notes these may vary by account type and payment method.

What feedback is available on FXOpen customer support availability and channels?

The review states that FXOpen’s customer support is available through chat, phone, email, and a ticket system for registered clients, with chat operating 24/5. Office hours vary by region, with EU, UK, and Global offices open on weekdays during local business hours, while technical support is not available on weekends. Response speed and service quality are described as mixed, with some requests handled efficiently and others requiring follow-ups.