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ForexBrokerRating.com
Adam Peters
Written by Adam Peters
Broker Analyst
Updated
FXOpen logo

FXOpen Forex Review 2026

Key Facts
Regulation
FCA · ASIC · CySEC
Broker Type
STP, ECN, NDD
Min. Deposit
$1
Platforms
TickTrader Web Platform, TickTrader Mobile App, TradingView, MetaTrader 4, MetaTrader 5
Fees
Low
Max Leverage
1:500
Demo Account
Yes
Inactivity Fee
-

Our Ratings
3.8
out of 5
Safety & Regulation4.5
Fees & Costs4.3
Platforms & Execution4.5
Education2.0

75% of retail FX and CFD accounts lose money.

FXOpen - At a Glance

Company & Overview
Headquarters
80 Coleman Street, London, EC2R 5BJ, United Kingdom
International Offices
United Kingdom, Australia, Cyprus, Saint Kitts and Nevis
Broker Type
STP, ECN, NDD
Regulation
FCA (United Kingdom), ASIC (Australia), CySEC (Cyprus)
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Languages
English, French, German, Hungarian, Italian, Spanish, Turkish, Arabic, Chinese, Portuguese, Russian, Bahasa Inddonesia, Thai
Customer Support
Live Chat, Email, Telephone
Account Types
Demo Account
Yes
Swap Free Account
Yes
Joint Account
Yes
Managed Account
Yes
PAMM / MAM Trading
Yes
Social / Copy Trading
No
Account Conditions
Minimum Deposit
$1
Payment Methods
Bank Transfer, Local Bank Transfer, Debit Card, Credit Card, Volet, Skrill, Neteller, AstroPay
Account Currencies
EUR, GBP, USD, CHF, IDR, THB, VND
Maximum Leverage
1:500
Bonuses
No
Contests
Yes
Trading Conditions
Markets & Products
Forex, CFDs
Minimum Lot Size
0.01
Maximum Lot Size
1000
Decimal Pricing
5 decimals
Hedging
Yes
Scalping
Yes
Fees & Costs
Spread Type
Variable
Spread From
0.0 pips
Commission
Basic ECN Account: $3.50 Classic ECN Account: $2.50 Advanced ECN Account: $1.80 Elite ECN: $1.50
Platforms & Tools
Trading Platforms
TickTrader Web Platform, TickTrader Mobile App, TradingView, MetaTrader 4, MetaTrader 5
API Access
Yes
VPS Hosting
Yes

Pros & Cons

Pros

  • Strong regulatory oversight
  • Fast and easy account opening
  • Demo account for practising
  • Fast and secure payment methods
  • Multiple account currency options
  • Low forex trading fee
  • Low-cost ECN pricing
  • Spreads from 0.0 pips on ECN accounts
  • User-friendly mobile and web platforms
  • Supports TradingView, MT4, and MT5
  • No restrictions on trading strategies
  • Integrated PAMM trading feature
  • EA trading available

Cons

  • Narrow product offering
  • Limited eductional resources
  • Basic research tools
  • No integrated social and copy trading feature
  • An inactivity fee of $10 if account is inactive for 90 days
  • Customer support is not available 24/7

FXOpen alternatives

75% of retail FX and CFD accounts lose money.