Launch formula: 60% hard data, 40% outside ratings. Verified reviews from our traders replace outside ratings as they come in.
I trade standard lots of EUR/USD a month.
Who licenses FXOpen.
Licences as FXOpen lists them. A tick means we found the entity on the regulator's own register.
| Regulator | Tier | Entity | Licence no. | On register |
|---|---|---|---|---|
| Nevis company registry (not a financial regulator) | — | FXOpen Markets Limited | Company No. C 42235 | Not yet checked |
| FCA | TIER 1 | FXOpen Ltd (FXOpen UK) | FRN 579202 | Not yet checked |
Published EUR/USD costs.
| Account | Spread | Commission | Cost / lot |
|---|---|---|---|
| Basic ECN from | 0 pip | $7 | $7.00 |
| Classic ECN from | 0 pip | $5 | $5.00 |
| Advanced ECN from | 0 pip | $3.6 | $3.60 |
| Elite ECN from | 0 pip | $3 | $3.00 |
Cost per standard lot = spread in pips × $10 + round-turn commission. Brokers publish “typical”, “average” or “from” spreads; “from” figures flatter the broker.
The fine print.
Traded with FXOpen? Prove it.
Verified reviews open soon. Reviews backed by a statement, a read-only MT4/MT5 login or a withdrawal receipt count up to 3× more, and every verified review enters the weekly 100 USDT draw.
Outside rating used for now: Trustpilot 3.7 from 463 reviews.
- founded: fxopen.com/en/
- accounts: fxopen.com/en/trading-accounts/
- platforms: fxopen.com/en/
- hq country: fxopen.com/en/
- regulators: fxopen.com/en-gb/
- trustpilot: www.trustpilot.com/review/www.fxopen.com
- copy trading: fxopen.com/en/
- max leverage: fxopen.com/en/trading-accounts/
- min deposit usd: fxopen.com/en/trading-accounts/
- payment methods: fxopen.com/en/funding/
- inactivity fee note: fxopen.com/en/trading-accounts/
- withdrawal fee note: fxopen.com/en/funding/
- restricted countries note: fxopen.com/en/
Research notes: IMPORTANT: Global site (fxopen.com/en) entity is FXOpen Markets Limited, Nevis company C 42235 - footer names no financial regulator. FXOpen UK (FCA FRN 579202) site shows notice that 'all accounts are now closed' and asks clients to withdraw. FXOpen AU site carries an 11 Sep 2024 notice that ASIC cancelled FXOpen AU's AFS licence. FCA register is JS-rendered and could not be verified. Global site lists TickTrader + FXOpen App only (AU page also mentioned MT4/MT5/TradingView, but AU is no longer licensed). Copy trading = PAMM / Masters-and-Followers service. Commission published as per side; RT doubled. Founded 2005 from 'Trader centricity since 2005' / copyright 2005. hq_country inferred from Nevis registration of global entity.
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