As a forex trader, finding the right broker to work with is essential. But making your decision means having all the important information in front of you. We invite you to check out our review of FXOpen.
We hope that our analysis will provide you with all the information you need to decide if it is the right platform for you! FXOpen was founded by a group of traders in , with the goal of making forex trading more accessible and professional. And it offers the most competitive spreads and low commissions to ensure that clients enjoy the lowest trading costs. To ensure that clients have the help they need, FXOpen provides a number of ways to access customer support.
Once you have opened an account with the site, you can access live chat 24 hours a day, Monday to Friday. You can also open a customer support ticket to a particular department from to GMT Monday to Friday. There are four types of trading accounts that you can open.
Once you have an account you have access to fifty currency pairs as well as gold and silver and CFD and allows you to trade a minimum 0. All accounts provide you with floating spreads and leverage of up to 1: The site uses the MetaTrader4, which is the most popular forex trading platform in the market. You can download and install the platform from the site and it provides you with features such as being able to trade manually or automatically using so-called forex robots, charting software and access to more than 50 graphic tools and analytics for technical analysis.
Welcome bonuses are provided to those who open STP and Micro accounts, which match the minimum first deposit required. The amount of the bonus is automatically deposited into your trading account but cannot be withdrawn. However, you can use it to trade and withdraw any profits you make after meeting the minimum trading requirements 2 lots in the case of STP accounts and micro lots for Micro accounts.