FXOpen Overall rating
Rating | Weight | |
User Rating |
4.1 (54 reviews)
|
3 |
Popularity |
3.8
|
3 |
Regulation |
5.0
|
2 |
Pricing rating |
5.0
|
1 |
Features |
Not rated
|
1 |
Customer Support |
Not rated
|
1 |
FXOpen Profile
Company Name | FXOpen Markets Limited,FXOpen AU PTY Ltd, FXOpen EU, Ltd FXOpen Ltd |
Categories | Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates |
Primary Category | Forex Brokers |
Year Founded | 2005 |
Headquarters | St Kitts and Nevis |
Office Locations | Australia, St Kitts and Nevis, New Zealand, Russia, United Kingdom |
Account Currency | AUD, CHF, EUR, GBP, GLD, JPY, RUB, SGD, USD, BTC, LTC, ETC |
Client funds bank | ALFA-BANK |
Support Languages | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Portuguese, Russian, Spanish, Thai, Turkish |
Funding Methods | Bank Wire, Bitcoin, Credit/Debit Card, FasaPay, Litecoin, Neteller, POLi, Webmoney, Local Bank Transfer, Bitcoin Cash, Ethereum, AdvCash, Tether (USDT) |
Financial Instruments | Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, ETFs |
FXOpen Web traffic
Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.
Websites |
fxopen.com
|
Organic monthly visits | 321,433 (100%) |
Organic traffic rank | 74 out of 825 (Forex Brokers) |
Paid monthly visits | 1,559 (0%) |
Total monthly visits | 322,992 |
Bounce rate | 57% |
Pages per visit | 2.10 |
Average visit duration | 00:01:19.0140000 |
FXOpen Account types
STP | PAMM STP | ECN | PAMM ECN | |
Commission | - | From 1.5 to 5 units for ECN Accounts | ||
Maximum leverage | 500:1 | 100:1 | 500:1 | 100:1 |
Mobile Platform | MT4 Mobile, MT5 Mobile | - | MT4 Mobile, MT5 Mobile | MT4 Mobile |
Trading platform | MT4, MT5, WebTrader | - | MT4, MT5, WebTrader | - |
Spread Type | Variable Spread | |||
Minimum Deposit | 10 | 200 | 100 | |
Minimum Trade Size | 0.01 | |||
Trailing Stops | ||||
Scalping Allowed | ||||
Hedging Allowed | ||||
Islamic Accounts |
STP | |
Maximum leverage | 500:1 |
Typical Spread | 1 - 1.2 |
Trading platform | MT4MT5WebTrader |
Mobile platform | MT4 MobileMT5 Mobile |
Spread type | Variable Spread |
Minimum deposit | 10 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
PAMM STP | |
Maximum leverage | 100:1 |
Typical Spread | 1 - 1.2 |
Spread type | Variable Spread |
Minimum deposit | 200 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
ECN | |
Commission | From 1.5 to 5 units for ECN Accounts |
Maximum leverage | 500:1 |
Typical Spread | 0.0-0.4 |
Trading platform | MT4MT5WebTrader |
Mobile platform | MT4 MobileMT5 Mobile |
Spread type | Variable Spread |
Minimum deposit | 100 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
PAMM ECN | |
Commission | From 1.5 to 5 units for ECN Accounts |
Maximum leverage | 100:1 |
Typical Spread | 0.0 - 0.4 |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 100 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
|
FXOpen User Rating
FXOpen reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.
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FXOpen Cashback rebates
STP | PAMM STP | ECN | PAMM ECN | |
Forex | 0.32 Pips | 26.25% Of Commissions Paid | ||
Cryptocurrencies | - | 26.25% Of Commissions Paid | ||
Payment Options |
Monthly Cash Back
|
STP | |
Forex | 0.32 Pips |
Payment Options |
Monthly Cash Back
|
PAMM STP | |
Forex | 0.32 Pips |
Payment Options |
Monthly Cash Back
|
ECN | |
Forex | 26.25% Of Commissions Paid |
Cryptocurrencies | 26.25% Of Commissions Paid |
Payment Options |
Monthly Cash Back
|
PAMM ECN | |
Forex | 26.25% Of Commissions Paid |
Cryptocurrencies | 26.25% Of Commissions Paid |
Payment Options |
Monthly Cash Back
|
Notes
Maximum rebates payable per client: $75.00 per order; $750.00 per day; $7500.00 total.
Rebates are not paid on Micro accounts.
What are FXOpen rebates?
How do FXOpen rebates work?
When a trader links their new or existing forex trading account to us, the broker pays us a volume based commission for every trade that's placed. We then pay most of this back to our clients. Unlike a few of our competitors your spreads will never increase as a result of using our service. Instead, you'll pay lower transaction costs and increase your win ratio. Ultimately, you get a better deal working with us than working only with the broker.How much FXOpen rebates can I earn?
Which FXOpen rebate program is the best?
Will my FXOpen spreads increase?
How can it be better to work through a 'middle-man' than just working directly with FXOpen?
FXOpen rebates are similar in nature to a credit card rewards program. Let’s take a Visa credit card for example. When a consumer purchases something using a credit card the vendor incurs a fee of between 1.5% – 3% which they pay to Visa. Many consumers are enrolled in a credit card rewards program and receive approximately 1% cashback reward on any credit card purchase they make. Is it free money? Yes and no. It’s money the consumer would not have received if they were not signed up with the rewards program, however it’s paid for out of fees charged to the vendor who will naturally build such fees into the cost of their products.
A forex rebate provider typically has a contractual relationship with a number of different forex brokers and earns a commission for each trade placed by a trader they refer to the forex broker. The marketing benefits afforded to forex brokers by such a system are substantial, from actual referred clients to branding, added search engine visibility, etc. The rebate provider then pays the client a cash rebate from the commission they earn from the forex broker.
Are FXOpen rebates worth the effort?
The biggest obstacle to any forex trader is the cost of the transaction. It may seem small, but in fact it’s the biggest factor that gives the trader less than a 50% chance of winning any particular trade. This seemingly small cost can be devastating when compounded, and in the long term if the trader relies on luck alone they are sure to continually lose on their investment. FXOpen rebates reduce the cost of the transaction and increases a trader’s probability of winning. Still, a trader must rely on their trading skill to close the remainder of the gap.
Why don't you offer more forex rebate brokers?
We have chosen to focus on the more reliable, competitive and trustworthy brokers. If we were to add every forex broker that approached us we would have at least several hundred. Currently we have a relationship with all of the most popular broker’s across the globe. As a customer-focused company our paramount concern is that we send clients to broker’s where they will be able to withdraw their funds easily when the time comes; and experience fair trading conditions and good customer service.
FXOpen Regulation / Money Protection
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
FXOpen AU PTY Ltd |
|
|
|
|
30 : 1 | |
FXOpen EU Ltd |
|
|
|
|
30 : 1 | |
FXOpen Ltd |
|
|
|
|
30 : 1 | |
FXOpen Markets Limited
St Kitts and Nevis |
|
|
|
|
|
500 : 1 |
FXOpen Promotions
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