
FXOpen Forex Review 2026
75% of retail FX and CFD accounts lose money.
FXOpen - At a Glance
- Established
- 2005
- Headquarters
- 3rd Floor Waverley House, 7-12 Noel Street, London W1F 8GQ, United Kingdom
- International Offices
- United Kingdom, Australia, Cyprus, Saint Kitts and Nevis
- Publicly Traded
- No
- Broker Type
- STP, ECN, NDD
- Regulation
- FCA (United Kingdom), CySEC (Cyprus)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Yes
Covered on the UK and EU licences, with losses capped at what you deposited. Professional clients get nothing. If FXOpen decides you abused the policy it can void your trades, close every account you hold and bar you from opening another.
- Banking License
- No
- Languages
- English, French, German, Hungarian, Italian, Spanish, Turkish, Arabic, Chinese, Portuguese, Russian, Bahasa Inddonesia, Thai
- Customer Support
- Live Chat, Email, Telephone
- Customer Support Hours
- 24/5
- Demo Account
- Yes
- Swap Free Account
- Yes
- Joint Account
- Yes
- Corporate Account
- No
- Managed Account
- Yes
- PAMM / MAM Trading
- Yes
- Social / Copy Trading
- No
- 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
- 1:30 (FCA), 1:30 (CySEC), 1:1000 (Nevis)
- Bonuses
- No
- Contests
- Yes
- Markets & Products
- Forex, CFDs
- Currency Pairs
- 50+ FX pairs
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 1000
- Decimal Pricing
- 5 decimals
- Order Types
- Market, limit, stop and stop limit orders with stop loss, take profit and trailing stop. Level 2 market depth on ECN accounts. Hedging, scalping and expert advisors permitted.
- Execution Type
- ECN, no dealing desk
- Margin Call Level
- 100%
- Stop Out Level
- 50%
- Hedging
- Yes
- Scalping
- Yes
- 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
- Overnight / Swap Fees
- Yes
- Deposit Fee
- No
- Withdrawal Fee
- Varies
FXOpen charges no deposit fees but does charge on withdrawals, with the amount depending on the payment method. Third-party processing costs are passed on.
- Currency Conversion Fee
- Yes
- Account Maintenance Fee
- No
- Inactivity Fee
- Yes
USD 10 or GBP 10 per month after 90 days without activity. A disabled account costs USD 50 to reactivate.
- Custody Fee
- No
- Trading Platforms
- TickTrader Web Platform, TickTrader Mobile App, TradingView, MetaTrader 4, MetaTrader 5
- Mobile App
- Yes
- API Access
- Yes
- VPS Hosting
- Yes
- Automated Trading
- Yes
How FXOpen's costs compare
The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.
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
Show 4 more
- Supports TradingView, MT4, and MT5
- No restrictions on trading strategies
- Integrated PAMM trading feature
- EA trading available
Cons
- Narrow product offering
- Limited educational 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