FXOpen Minimum Deposit and Funding Options

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According to the latest data as of June 2025, the minimum deposit for FXOpen stands at 1 USD, which is considered a low level. This figure is lower than the average minimum deposit of 310 USD found among over 300 brokers analyzed by Traders Union.

Key information about depositing money on FXOpen
FXOpen
Minimum deposit	1$
Deposit fee	0,5$
Bank Wire
Visa / Mastercard
PayPal
Open an account Your capital is at risk.

Are here any fees or charges for making deposits at FXOpen?

Yes, FXOpen charges a fee for making deposits of 1. Regardless of the minimum deposit requirement, additional fees may also be applied by the payment systems used. For instance, credit card transactions typically incur an average fee of 1-3% from the payment processor. If the broker does not reimburse these fees, you will need to account for these extra costs when making your deposit.

FXOpen deposit and withdrawal fees vs competitors
	Deposit fee, %	Withdrawal fee, %
FXOpen	0,5	0,5-2
Eightcap	0	0
XM Group	0	0

What deposit methods does FXOpen support? How long does account funding tipically take?

We have highlighted the popular payment systems and noted those supported by FXOpen, along with the typical time required for transaction processing on the system's side.

It's important to note that some brokers only process deposits during business hours, so it is advisable to check the working hours with customer support. The availability of the Instant funding option indicates that deposits are processed automatically.

	FXOpen	Typical Deposit Time
Visa / Mastercard		Instant to 2 business days
Skrill		Instant to 1 business day
Neteller		Instant to 1 business day
BTC		10 minutes to 1 hour
USDT		5 minutes to 1 hour

What are FXOpen base account currencies?

For many traders, having an account in the base currency of their country or the asset they intend to trade is crucial. This helps avoid conversion fees Conversion fees occur when the deposit currency differs from your brokerage account currency and typically include an exchange rate markup and service charges, increasing your overall trading costs. To avoid conversion fees, fund your trading account in the same currency as your bank account. , simplifies accounting, and makes it easier to track performance in a familiar currency. Below, we compare the base account currencies available at FXOpen with those offered by its competitors.

FXOpen account currency vs competitors
	FXOpen	Eightcap	XM Group
USD
EUR
GBP
AUD
NGN
ZAR
CAD
NZD
CHF
INR
JPY
Gold
BTC

How much money do I need to start trading on FXOpen?

The minimum amount required to start trading can differ from the advertised minimum deposit on FXOpen. Some brokers claim to have no minimum deposit requirement, which means no minimum amount is needed to open an account. However, a certain amount is still necessary for actual trading.

The required trading amount to start trading on FXOpen depends on the lot size and available leverage. We recommend not using leverage higher than 1:30, as suggested by most Tier-1 Forex regulators. The minimum amount required to start trading a micro lot with 1:30 leverage on FXOpen is approximately $33.

Minimum Trading Amounts for Different Lot Size
	Standard Lot	Mini Lot	Micro Lot
1:1	$100,000	$10,000	$1,000
1:10	$10,000	$1,000	$100
1:30	$3,334	$334	$33

Notes:

Standard Lot: A standard lot is 100,000 units of the base currency.
Mini Lot: A mini lot is 10,000 units of the base currency.
Micro Lot: A micro lot is 1,000 units of the base currency.

Does FXOpen offer a low minimum deposit Сent account?

Yes, FXOpen offers a Cent account. This means that you can start trading at FXOpen with a very low minimum deposit, as little as a few dollars. The account balance and trade sizes are displayed in cents instead of dollars, making it easier for beginners to start trading without committing large amounts of money. This type of FXOpen account is ideal for those who want to practice trading strategies with minimal financial risk

All account types of FXOpen

Guide on how traders can start earning profits

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.

How to deposit money to the FXOpen trading account?

Depositing money into your FXOpen trading account is simple and quick. Follow these 6 easy steps:

Log In to Your Account
- Go to the FXOpen website fxopen.com or mobile app.
- Enter your username and password to log in to your trading account.
Go to the Deposit Section
- Navigate to the "Deposit" or "Funding" section in the main menu or account settings.
Select a Payment Method
- Choose your preferred payment method from the options available: BTC, Visa / Mastercard, Skrill, Neteller, USDT
Enter Deposit Details
- Specify the amount you wish to deposit. Keep in mind that FXOpen minimum deposit is 1$
- Provide the necessary information for the chosen payment method.
Confirm the Transaction
- Review your deposit details for accuracy.
- Click "Deposit" or "Submit" to confirm the transaction.
Check Your Account Balance
- Once the deposit is processed, verify that the funds are credited to your account balance.

Pro tips for beginning traders

The following expert-backed practical advice can save you time, money, and potential headaches in terms of deposits and account management.

It's important for Forex traders to be aware that deposit methods can incur additional fees that cut into trading capital. According to a survey, over 30% of traders reported losing 1-3% of their initial deposit to transaction costs. The FXOpen platform offers various deposit options, each with their own fee structure. For instance, while bank transfers may have lower fees, they usually take more time to process. Credit card deposits are faster but often involve higher fees of up to 5% of the amount.

To maximize your trading capital, take time to compare the fees for each FXOpen deposit method. Consider both immediate costs and frequency of planned deposits. For example, if making regular small deposits, a low fixed fee method may be more economical than percentage-based fees. By choosing the most cost-effective option, more money can go towards actual trading versus transaction costs, potentially boosting overall performance on the FXOpen platform.