|Broker Rating||#20 (72%)|
|Company||FXOpen NZ Ltd|
|Founded and online since||2005|
|Min. Account Size||1 USD|
|Min. Position Size||0.001|
|Regulated by||FCA (UK), 579202|
FSP (New Zealand), FSP192685
|Platforms||MetaTrader 4, MT4-ECN, MirrorTrader|
|Account currencies||United States dollar|
|Support available in|
|VPS for traders||Free after trading 5 lots.|
Just as on its first day FXOpen continues to be guided by the same key principles – fair, professional and convenient trading conditions for its clients, and centers its work on constant upgrades and development of cutting-edge trading technologies.
Unlike so many brokerages founded on commercial incentives FXOpen grew from bottom up. It was initially established by a group of Forex traders as an educational center. FXOpen’s founders realized that there was an overwhelming demand for a fair and transparent brokerage with a superior customer service in the market. This realization opened the way for FXOpen brokerage services in 2005. Focusing on meeting people’s interests, FXOpen was also the first one to realize that what traders really needed were Micro accounts and that the Islamic audience required a special type of Shari’a compliant accounts. It became a maxim for FXOpen to offer what its clients wanted, not the other way around.
Working from the very beginning with the world’s most wide-spread and user-friendly trading platform MetaTrader (MT4) FXOpen had gained the deepest knowledge possible about the technology. That’s why FXOpen decided to keep the best and most comfortable for our traders’ activity. On this basis FXOpen team started to look for and eventually developed a solution settling the conflict of the interest between Brokers and Traders. In 2009, the first ever MT4 ECN trading platform, coupled with 0.1 minimum lot, super-fast execution and advanced Money Management technology (PAMM accounts), was introduced to the market, thus, completing the ECN technological revolution in the MT4 FOREX trading environment.
MetaTrader platform is the most favorite in the world for its simplicity and convenience for users. It’s available for you in its latest version with all the necessary features and options for successful trading. You can easily keep on working wherever you like using your PDA or Smart Phone – we offer you MT4 platforms for all types of gadgets.
True ECN environment
FXOpen is the first company to offer MT4 ECN trading platform. It was introduced to provide retail traders with a fair opportunity to enjoy direct access to the Forex interbank market. Your orders are actually displayed in the market and are seen by others, who in turn can introduce their own orders and if the prices match, complete the deal.
If you want your money to be managed by a professional with a deep knowledge, vast experience and a solid track record, we offer you the most convenient, transparent and secure system – PAMM. It will allow you to choose the best manager for your funds, enjoy the profits of his/her work and still keep control of your money.
Excellent trading conditions
- Three types of accounts: Micro, Standard and ECN
- Tight spreads from 0 pips
- Lowest minimum deposits – from only $1
- Leverage up to 1:500
- Super-fast execution
- Various deposit/withdrawal options
- Experienced and helpful support
- Offices worldwide
- Market news and technical research
- FXOpen Help