FXOpen Customer Reviews and Comments

31 Oct 2023Alex
Approximately half a decade ago, I embarked on my trading journey with FXOpen. Like many beginners, I started off by exploring the world of currency pairs, gradually immersing myself in the ebb and flow of the foreign exchange market. However, as the financial landscape evolved, so did my trading interests. I soon transitioned into trading cryptocurrencies, primarily because FXOpen presented the most competitive and conducive conditions for it. Given the shifting dynamics of the global economy and the increasing adoption of digital currencies, I firmly believe that delving into cryptocurrencies through FXOpen offers an enhanced layer of security. While scalping might not be the primary strategy I'd advocate for on this platform, I've found that FXOpen caters perfectly to medium-term trading objectives. To give you a tangible sense of its potential, just last month, I realized a profit of about $300. One of the standout features of FXOpen, which I think will particularly appeal to those who are new to the trading world, is its user-friendly interface. The platform's design and functionalities are intuitive, making the learning curve relatively smoother for novices. In essence, if you're considering diving into the world of trading, FXOpen provides a blend of reliability, optimal conditions, and ease of use, making it a commendable choice.

18 Oct 2023Ramis
Venturing into the world of Forex trading can be a daunting experience, especially for a newcomer like me. However, finding the right broker can make a significant difference, and in my opinion, FXOpen fits that bill seamlessly. What stands out immediately about FXOpen is their vibrant array of contests. Not only do they keep the trading environment engaging, but they also offer traders, both seasoned and novices, ample opportunities to test their skills and strategies against others. It's a brilliant way to foster a competitive yet supportive community. A pivotal concern for many traders is transparency in financial transactions. With FXOpen, I've found that all transactions are laid out lucidly, devoid of any hidden charges or murky fee structures. In an industry where clarity is paramount, such transparency speaks volumes about the company's dedication to its clients. While it's true that occasional slippages occur, it's important to note that these slippages are a two-way street. They can swing either negatively or positively, indicating that FXOpen isn't manipulating the trades to its advantage. This unbiased nature solidifies my trust in them, reinforcing the notion of their commitment to fair play. My personal trading strategy leans towards the medium term. Not only have I found it to be the most comfortable timeframe for my trading style, but it also tends to yield consistent profitability. The support infrastructure provided by FXOpen complements this approach beautifully. Lastly, a special shoutout to the Traders Union for their instrumental role in spread compensation. The rebate they offer provides a fantastic avenue for traders like me to offset some of the trading commissions. In an industry where every penny counts, such initiatives are invaluable. In summary, as I navigate the vast ocean of Forex trading, having a reliable partner like FXOpen, coupled with the support from entities like the Traders Union, ensures that my journey is both enjoyable and rewarding.

3 Oct 2023Lajosh
One of the undeniable keystones for effective trading is a stable trading platform. To that end, FXOpen’s terminal has consistently stood out as a paragon of reliability. During volatile market conditions when every second counts, their platform remains unwavering, ensuring that my trading experience is seamless and uninterrupted. In the dynamic world of Forex, the precision of order execution can be the difference between profit and loss. With FXOpen, I've observed that orders are executed with a precision that is nothing short of commendable. This meticulous attention to detail underscores their commitment to providing top-tier service. My trading journey with FXOpen spans over three enriching years, and in that time, I've witnessed firsthand their dedication to evolving and adapting to the market's demands. A testament to this is my recent transition to an ECN account. The seamless process and the subsequent benefits I've reaped from this switch further accentuate the broker's client-centric approach. In terms of overall performance, I hold FXOpen in high regard. Their professional conduct and robust trading environment have made my journey with them largely positive. It is, however, worth noting that they do not offer an automatic withdrawal system for earnings. While some might perceive this as a drawback, I view it as a minor hiccup in an otherwise splendid service. The efficiency and security with which they handle withdrawals make the wait inconsequential. In the grand tapestry of Forex brokers, FXOpen has etched its place as a dependable and proficient entity. Their unwavering commitment to quality service, even in the face of minor shortcomings, ensures that traders, both seasoned and new, have a comfortable and productive trading experience.

19 Jun 2023Warren
I have been searching for a normal broker for a month according to several criteria. I've chosen FXOpen. Now it makes sense to keep funds in the account with several brokers. And not even in the bank, it is worth noting. Registered and replenished the deposit quickly. Well, then I decided to trade a little. I didn’t have to figure it out from scratch, the platform works fine. When choosing, I was guided by the ability to withdraw without a commission, I tried it, a couple of times I actually withdrew without a commission. The broker does not create difficulties with trading. It's up to you to decide which way to go. Beginners who trade here expect that the FXOpen broker will help in trading, and they seem to be really normal employees, but this is also an element of risk.

16 May 2023Carlo
I have been satisfied with the broker for six months now. I mainly trade currencies on the platform, but I also recently bought gold to diversify my portfolio. In a couple of months of trading, I withdrew more than 2k dollars of income, which I managed to earn on gold. The withdrawal of funds takes place without pitfalls, within 4 days I received my money. As for gold, now it fluctuates a lot in price.

23 Mar 2021Vasily
FxOpen is a very strange office - they reject clients already at the registration stage. The first step is identification. The second step is address confirmation. The third step is a selfie through a video camera. If you have a desktop without a camera and no smartphone, you will not pass verification. In FxOpen, they simply declare documents invalid. Here is what they wrote to me: "... You need to indicate your full address in the text of the letter and attach a more recent identity card and a photo with it. Your rights were issued more than 15 years ago. We do not accept the national passport of the old sample of Ukraine, but you can upload a photo of an international passport or national ID card." This means that I have to risk my life (I'm 66, I'm at risk, any exit to the street can be fatal) either "lose" the license and retake for new ones, or refuse a valid paper passport and get an ID card, or get (I not required) passport. All three options require both repeated exits from the house with the risk of contracting COVID, and quite decent expenses. And all this I have to do just to be given the great honor of being allowed to trade with this broker. Looks like he's covered in honey. It is strange that the reviews of other brokers say otherwise. Or maybe something happened that I did not notice - two hundred brokerage houses were closed, only FxOpen remained?

31 May 2020Harsh Nayar
I like to do my trading with the FxOpen Broker as the ECN spreads in this broker are very low and my trading is also giving me more profits now. It is always better to wait for the news before doing your trading so that you can get more profits.

24 Feb 2022Mujiois
why my withdraw is not process for last 2 days?

27 Apr 2020Alex
I had an interest in trading a few years ago, but I could not dare to start in reality with real capital for a very long time, doubting that I would succeed. But then the interest won, and I decided to try it. I chose this company on the feedback forum. Now I am at the testing stage, because I constantly have new questions and difficulties. So far, the profit margins are small, but I think that everything is ahead. If there are any recommendations for a newcomer, I will be glad to hear.

22 Apr 2020Laslo
Their mobile app is very user-friendly and I can trade anywhere with it. It's better than other brokers' app. No technical issue so far.

21 Apr 2020Sam
I'm a beginner with Forex trading and need support to operate all the time. So, for me, their chat online is very useful. It is slow sometimes, but at the end of the day I have some level of support for my operations. It is easy.

20 Apr 2020Dan
I have no experience in trading, but I have learned the basics and just recently I made a withdrawal and it came through to my bank account. Learn forex it's not easy but once you get to know the basics of trading I don't see why you should fail.

24 Mar 2020Samuel
With FXOpen I finally understood what distinguishes the normal brokerage from a cheater. Now I understand that constant slippages on every stop loss is not normal. Now I know that slippages can really happen but only when the markets get wild, not on every trade. I also finally understood that regulations really matter. I think that FCA and other authorities really keep their eye on what broker is doing. I can't explain otherwise the fact that I always suspected my other broker in quotes manipulations and I've never had similar suspicions about FXOpen. Highly recommend the company!

17 Mar 2020Sam
I am trading with FXOpen for the last 4 years and am very happy with the broker. I recommend FXOpen to all novice traders because Forex trading is not easy, but this company has made it easy for me, something I really appreciate.

12 Mar 2020Fredd
I don't think there can be a good broker with no regulator's supervision. Brokerage services bring lots of money to thier owners so there is no single reason why part of these money can't be spent to obtain all the necessary licenses and pay all the fees. I chose FXOpen because from the very beginning they've chosen to do a legitimate business complying with all the rules and regulatioons in evry country they do business at. I am completely sure that such honesty is 100% necessary for a reliable partner to have. Why would anyone think broker will avoid regulator and government but be honest with its clinet. Its rediculous. Surely they won't. My strategy woked for me. I'm completely satisfied with trading conditions at FXOpen and totally recommend every forex and CFD trader trying it.

12 Mar 2020Alex
I have been trading with this company since March 2019. Already six times made small withdrawals. I like the terms of trade. Several times I contacted technical support for advice. The guys quickly told everything and answered questions. I like that broker has MT4 and MT5 platforms. There are no reasons to change the company. I will trade here further.

10 Mar 2020TradeWisely
Company has many regulations to provide security for traders from all around the world. That doesn't affect your trading, you just have more security, so why not?

4 Feb 2020Sandy
I also don't know why they so love regulations, I simply don't like regulators, as they work not for trader, but for themselves. However, regulations build up an image of broker and prove that broker is 100% reliable. Each national jurisdiction requires broker to have national regulation in case if brokerage wants to work there. As I know, FXOpen has 3 regulations - FCA, ASIC, The Financial Commission. I rechecked everything. I just went to the FXOpen website and it was info about all regulations with proofs, I intently checked everything and yes, all regulations are 100% real and can be found in the official sources.

6 Jan 2020Jerry
Glad to hear executions are fine here. I've faced significant losses before due to slippage and transferring to the other brokerage I don't wanna face this experience ever again. See, impatience is not the only way to drain the deposit. If FXOpen has got fast executions, I'm ready to try as the company's history really builds up some trust!

10 Dec 2019NeoBeum
The matter is that each country and it's government has own set of rules and requirements for brokers to perform thier operations on the territory of such a country. For this reason brokers often have to register with numerous regulators if they wanna go international but still comply with each country's individual requiremnts. So FCA is for working in the Great Britain, ASIC in Australia, Financial Commission is for European countries, etc. This is rather easy to see if the licenses are real. Simply check with the official regulator's lists. They can be easily found on regulators websites.

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FXOpen

At the heart of FXOpen UK's offerings are its ECN or STP accounts, which operate under the globally acknowledged ECN model. This model serves as a gateway for traders, ushering them into the vast realm of the Interbank market. Here, a myriad of liquidity providers—ranging from renowned banks, reputable funds, to individual traders - act as the counterparty to your trade. A salient feature of FXOpen UK is its hands-off approach; there's no interference, no intervening dealing desk,...

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