FX
FXOpen Review
Updated regularly · Independent ratings
Overall Rating
3.8 / 5
Fees
4.3 / 5
Safety
4.5 / 5
Platforms
4.5 / 5
Education
2.0 / 5
Min. deposit
$100
ForexCFDsPlatforms: TickTrader Web Platform, TickTrader Mobile App, TradingView, MetaTrader 4, MetaTrader 5Regulators: FCA (United Kingdom), ASIC (Australia), CySEC (Cyprus)
Pros & Cons
Pros
- Strong regulatory oversight
- Fast and easy account opening
- Demo account for practising
- Fast and secure payment methods
- Multiple account currency options
- Low forex trading fee
- Low-cost ECN pricing
- Spreads from 0.0 pips on ECN accounts
- User-friendly mobile and web platforms
- Supports TradingView, MT4, and MT5
- No restrictions on trading strategies
- Integrated PAMM trading feature
- EA trading available
Cons
- Narrow product offering
- Limited eductional resources
- Basic research tools
- No integrated social and copy trading feature
- An inactivity fee of $10 if account is inactive for 90 days
- Customer support is not available 24/7
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