Forex and CFD broker offering ECN accounts on TickTrader, MetaTrader 4 and MetaTrader 5. The international site is run by a Nevis company for which the broker lists no regulator; separate group entities are licensed by the FCA (UK) and CySEC (Cyprus).
Last reviewed: 19 October 202610 sourcesfxopen.com
Entity for international clients
FXOpen Markets Limited · Nevis · No regulator stated
Licensed entities
FCACySEC
Minimum deposit
USD 100 (ECN account)
Lowest published cost
From 0.0 pips + USD 1.5 to 3.5 per side
Regulation
Each licence covers only the entity named. Check which entity will hold your account before you register.
FCAChecked on the register
FXOpen Ltd
Regulator
Financial Conduct Authority
Country
United Kingdom
Licence no.
FRN 579202
Authorisation
Authorised since 22/03/2013, per the FCA register
Serves
UK site (FXOpen UK); the broker states all accounts are now closed and asks clients to withdraw funds.
The international site (FXOpen INT) is operated by FXOpen Markets Limited, registered in Nevis (company No. C 42235), for which the broker lists no regulator. FCA and CySEC protections do not apply to this entity.
Markets & platforms
Markets
Forex
Indices
Commodities
Energy
Metals
Stock CFDs
Crypto CFDs
Platforms
TickTrader
MetaTrader 4
MetaTrader 5
FXOpen app
FIX API
Account types
Basic ECN
Classic ECN
Advanced ECN
Elite ECN
Fees & costs
Values as the broker publishes them; "from" is the lowest advertised value, and actual costs vary by instrument, account and market conditions.
Costs
ECN accounts: spreads from 0.0 pips plus forex commission of USD 1.50 to 3.50 per side per standard lot, depending on the equity and volume tier.
Basic ECN
Minimum deposit
USD 100
Spreads
From 0.0 pips
Commission
USD 3.50 per side per standard lot on forex; crypto CFDs from 0.08%
Notes
Equity tier from USD 100. Leverage up to 1:500 on the international site, on TickTrader.
Classic ECN
Minimum deposit
USD 100
Spreads
From 0.0 pips
Commission
USD 2.50 per side per standard lot on forex; crypto CFDs from 0.08%
Notes
Equity tier from USD 1,000. The commission tier depends on equity and prior-period traded volume.
Advanced ECN
Minimum deposit
USD 100
Spreads
From 0.0 pips
Commission
USD 1.80 per side per standard lot on forex; crypto CFDs from 0.05%
Notes
Equity tier USD 25,000 to 250,000.
Elite ECN
Minimum deposit
USD 100
Spreads
From 0.0 pips
Commission
USD 1.50 per side per standard lot on forex; crypto CFDs from 0.03%
Notes
Equity tier over USD 250,000.
Deposits & withdrawals
Deposit & withdrawal methods
The public funding page names only Volet; the full list is shown inside the MyFXOpen client area.
Account currencies
USD, AUD, CHF, EUR, GBP, JPY, SGD, GLD
Withdrawal fees & terms
Fees are not published on the public funding page. Withdrawal requests received before 12:00 GMT are processed the same business day; third-party payments are not accepted.
Country restrictions
Not available to US residents; the site is not intended for Belgium or Japan.
Strengths & limits
Strengths
ECN accounts with spreads from 0.0 pips; forex commission from USD 1.50 per side per lot at the top equity tier.
The international entity (FXOpen Markets Limited, Nevis) has no regulator listed by the broker, and no negative balance or client money protection listed.