Description
FXOpen was initially established by a group of Forex traders as an educational center. FXOpen’s founders realized that there was an overwhelming demand for a fair and transparent brokerage with a superior customer service in the market. This realization opened the way for FXOpen brokerage services in 2005. Focusing on meeting people’s interests, FXOpen was also the first one to realize that what traders really needed were Micro accounts and that the Islamic audience required a special type of Shari’a compliant accounts. It became a maxim for FXOpen to offer what its clients wanted, not the other way around.
Working from the very beginning with the world’s most wide-spread and user-friendly trading platform MetaTrader (MT4) FXOpen had gained the deepest knowledge possible about the technology. On this basis FXOpen team started to look for and eventually developed a solution settling the conflict of the interest between Brokers and Traders. In 2009, the first ever MT4 ECN trading platform, coupled with 0.1 minimum lot, super-fast execution and advanced Money Management technology (PAMM accounts), was introduced to the market, thus, completing the ECN technological revolution in the MT4 FOREX trading environment.
FXOpen offers three types of accounts: Micro, Standard and ECN. The main advantages are the minimum deposits from only $1 , the tight spreads from 0 pips, the leverage up to 1:500 and the super-fast execution.
Sign up instructions
ShowTo open a new account and get rebate
- You are not registered. To get rebate complete registration or log in to your Profile.
- Click here to open a new account.
- Add the account number to your Accounts. The account will be approved within one business day.
- At FXOpen rebate is paid to your eWallet directly from 5th to 15th day of the following month.
To get rebate if you already have an account
- You are not registered. To get rebate complete registration or log in to your Profile.
- Open another account in your Profile at FXOpen, enter "502098" in the "Agent" field.
- Add the account number to your Accounts. The account will be approved within one business day.
- You can transfer funds from your old account to the new one using the internal transfer system.
- At FXOpen rebate is paid to your eWallet directly from 5th to 15th day of the following month.
Rebate conditions, information
The rebates are 20% of the commission on ECN accounts, 0.24 pips on STP accounts and 20% of the commission on Crypto accounts.
The rebate is paid to your eWallet directly (credited monthly).
Account types
Account type | Micro (cent) | ECN | STP | Crypto | |
---|---|---|---|---|---|
Rebate | - | 20% of commission | 0.24 pips | 20% of commission | |
EURUSD rebate | - | $1.11 | $2.40 | - | |
EURUSD spread | 2.6 | 0.4 | 1.2 | - | |
Commission | $0.00 | 5 base unit | $0.00 | 5 base unit | |
EURUSD effective spread | 2.6 | 0.84 | 0.96 | - | |
Minimum deposit | $1 | $1000 | $10 | $10 | |
Minimum lot | 0.001 | 0.01 | |||
Spread type | fixed | variable | |||
Decimal pricing | 4 digits | 5 digits | |||
Execution | Instant Execution | Market Execution | |||
Margin Call/Stopout | 20%/10% | 100%/50% | 50%/30% | 30%/15% | |
Maximum leverage | 1:500 | 1:3 | |||
Trading platform | Metatrader 4 | ||||
Account currency | USD | USD, AUD, CHF, EUR, GBP, JPY, RUB, SGD | USD, EUR, GBP, RUB, JPY | ||
Instruments | FOREX, Metals | FOREX, Metals, Indices, Energies | FOREX, Metals | BitCoin, LiteCoin, NameCoin, PeerCoin |
*The rebate rates are always determined per 1 standard lot.
Promotions
Promotion | Type | Value | Withdr. | Margins. | Start | End | |
---|---|---|---|---|---|---|---|
Welcome Bonus $10 (STP Account) | No-deposit bonus | $10 | - | - | Visit promotion | ||
Welcome Bonus $1 (Micro Account) | Deposit bonus | $1 | - | - | Visit promotion | ||
ForexCup Trading Contest Bonus | Demo contest | 1% of profit | - | - | Visit promotion |