FxOpen
Fxverify Rating
User Rating
(1)
Cash Back Rates
Cash back rebates are paid per closed position unless otherwise specified. 1 Lot = 100,000 base currency units traded.

  STP PAMM STP ECN PAMM ECN Crypto
Forex0.23 Pips20% Of Commissions Paid
CryptocurrenciesNone22.50% of commissions paid
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  STP
Forex 0.23 Pips
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  PAMM STP
Forex 0.23 Pips
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  ECN
Forex 20% Of Commissions Paid
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  PAMM ECN
Forex 20% Of Commissions Paid
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
  Crypto
Forex 20% Of Commissions Paid
Cryptocurrencies 22.50% of commissions paid
Payment Options
Monthly cash back
Payments are credited and sent automatically by the 12th of the month following the month cashback is earned in.
*Notes
PAMM STP Accounts: Manager and investor receive rebates proportionate to the amount invested.

Maximum rebates payable per client: $66.66 per order; $666.66 per day; $6666.66 total.

Rebates are not paid on Micro accounts.
Regulators
Profile
FXOpen is a brand name for FXOpen Markets Limited and has been in operation since 2005. It has its headquarters in Saint Kitts and Nevis and is a member of The Financial Commission.

Accounts can be opened from just $1 using a number of different payment methods. They were the first broker to introduce ECN trading and now are the first in the forex industry to introduce Cryptocurrency trading in bitcoin, Litecoin, Namecoin and Peercoin. The following base currencies are available: Australian Dollar (AUD), Swiss Franc (CHF), Euro (EUR), British Pound (GBP), Japanese Yen (JPY), Russian Ruble (RUB), US Dollar (USD).
Company Name FXOpen Markets Limited
Year Founded 2005
Headquarters Saint Kitts and Nevis
Office Locations Australia, Saint Kitts and Nevis, New Zealand, Russian Federation, United Kingdom
Account Currency AUD, CHF, EUR, GBP, GLD, JPY, RUB, SGD, USD, BTC, LTC, ETH, DSH
Client funds bank ALFA-BANK
Support Languages Arabic, Chinese, English, French, German, Indonesian, Portuguese, Russian, Spanish, Thai, Turkish, Farsi
Funding Methods Bank Wire, Bitcoin, China Union Pay, Credit/Debit Card, FasaPay, IntellectMoney, Litecoin, Neteller, PayZa, Perfect Money, QIWI Wallet, RBK Money, Skrill (Moneybookers), Yandex, Webmoney, ePayments, SorexPay
Financial Instruments Forex, Indices, Oil/Energies, Cryptocurrencies
24 hour support Yes
Segregated Accounts No
Islamic Accounts Yes
Accepts US Clients No
Accepts Japanese Clients No
Non expiring demo Yes
Trading API Yes
Account types

  STP PAMM STP ECN PAMM ECN Crypto
CommissionNo commissionFrom 1.5 to 5 units for ECN Accounts 0.5% of the base currency Per Lot;
Maximum leverage500:1100:1500:1100:13:1
Typical Spread1 - 1.20.0-0.40.0 - 0.40.0
Mobile PlatformMT4 MobileNoneMT4 Mobile
Trading PlatformMT4, WebTraderPAMMMT4, WebTraderPAMMMT4
Spread TypeVariable Spread
Minimum Deposit10200100010
Minimum Trade Size0.01
Trailing StopsYes
Scalping AllowedYes
Hedging AllowedYes
Islamic AccountsYesNo
  STP
Commission No commission
Maximum leverage 500:1
Typical Spread 1 - 1.2
Trading platform MT4WebTrader
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 10
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
  PAMM STP
Commission No commission
Maximum leverage 100:1
Typical Spread 1 - 1.2
Trading platform PAMM
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
  ECN
Commission From 1.5 to 5 units for ECN Accounts
Maximum leverage 500:1
Typical Spread 0.0-0.4
Trading platform MT4WebTrader
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 1000
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
  PAMM ECN
Commission From 1.5 to 5 units for ECN Accounts
Maximum leverage 100:1
Typical Spread 0.0 - 0.4
Trading platform PAMM
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 1000
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts Yes
  Crypto
Commission 0.5% of the base currency Per Lot;
Maximum leverage 3:1
Typical Spread 0.0
Trading platform MT4
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 10
Minimum Trade Size 0.01
Trailing Stops Yes
Scalping Allowed Yes
Hedging Allowed Yes
Islamic Accounts No
Overall rating is an average of ratings from experts in 4 categories
Pricing
5 / 5
Regulation
5 / 5
Popularity
4.5 / 5
User rating
4 / 5
Source: fxverify.com > fxopen