FXOpen Reviews 448

TrustScore 3.5 out of 5

3.7

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Rated 5 out of 5 stars

Hi , about now. My experience have large potencial. Fever not stoping, but all going it over by the floors. Together futures. Liquidity will welcome less wait. With my pretty friends wish you u... See more

Company replied

Rated 5 out of 5 stars

FX Open has been my favourite broker for many years. The staff are helpful and friendly. Good choice of deposit and withdrawal methods. I particularly like withdrawing via instant bank transfer as m... See more

Company replied

Rated 1 out of 5 stars

FXOpen cannot be trusted as a valuable trading platform. I have developed an Algo Bot Python project and I have opened a demo trading account with FXOpen. After a month of inactivity my account was... See more

Company replied

Rated 5 out of 5 stars

Choosing FXOpen was the best broker decision I ever made. Regulated by the FCA, my funds are safe in segregated accounts. Low spreads allow me to do scalp trades, high leverage and advanced ECN techno... See more

Company replied

Company details

  1. Investment Service
  2. Financial Institution

About FXOpen

Written by the company

Trade with an ECN Technology Broker, Authorised and Regulated by the FCA and CySEC

FXOpen gives traders direct access to ECN technology, with competitive, transparent trading conditions. Whether you use expert advisors (EAs), scalping strategies, or high-frequency trading, FXOpen is here to support your trading style. Furthermore, our commission rates are structured in tiers and are adjusted based on overall trading activity and account funding levels. Clients whose monthly trading volume exceeds 100 lots may be eligible for access to a VPS service, enabling the continuous operation of automated strategies, subject to applicable terms and conditions.

Key Features:
  • Spreads from 0.0 pips*
  • Competitive commissions tailored to trading volume
  • Fast execution, deep liquidity, and no requotes
  • Multiple platforms: MT4, MT5, TradingView, TickTrader
  • 700+ instruments: FX, indices, shares (including ETFs), commodities, and cryptocurrency CFDs**

*Additional fees may apply
** At FXOpen UK, Cryptocurrency trading via CFDs is only available to our Professional Сlients. They are not available for trading by Retail clients. To find out more information about how this may affect you, please get in touch with our team.

Apply for An Account

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com.

Written by the company


Contact info

3.7

Average

TrustScore 3.5 out of 5

448 reviews

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1-star

Replied to 100% of negative reviews

Typically replies within 48 hours

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Rated 5 out of 5 stars

great company

November 21, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Hi, thank you for your splendid feedback. It's a pleasure to hear about your positive experience with FXOpen.

Rated 4 out of 5 stars

online service

November 15, 2023
FXOpen logo

Reply from FXOpen

Hello, we appreciate you taking the time to leave a review and for sharing your positive experience with FXOpen.
All the best,
FXOpen

Rated 5 out of 5 stars

The latest news increase the leverage…

The latest news increase the leverage is a good one, i think FXOpen now constantly make services more effective for their clients which is very good news.

October 19, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Hi, thank you for your splendid feedback. It's a pleasure to hear about your positive experience on our platform. Indeed, we've recently increased the leverage from 1:500 to 1:1000 for FXOpen INT clients when trading forex or metal CFDs on the TickTrader trading platform.
All the best,
FXOpen

Rated 1 out of 5 stars

disabled crypto withdrawal for no reason

My account had automatic - instant crypto withdrawal, and they decided to disable it after 4 years of trading with them. I requested 2 times to re-enable. And they say you need to have all the requirements of automatic withdrawal to be done/valid. I replied that it was valid. Then they reply with a nonsense answer because I cornered them with my valid answer.

After 4 years, I thought to re-investigate them again to see what updates might affect me, especially after these last incidents. And the discoveries are horrible.

* they are not regulated internationally
* they don’t offer international clients Negative balance protection
* they don’t offer international client Client money protection

You can visit their page to read all these claims before they change it or remove it. (I did take screenshots)

So I put my head at peace and opened another broker that offered instant crypto withdrawal without giving me a headache and nonsense talk. so relieved!!

Summary: Scam broker stay away (at least they become one at somepoint)

Update - Reply:
1.God you're finance team are liars if only TrustPilot enable Screenshots i would have uploaded all my email exchanges with you, i requested to RE-ENABLE back instant withdrawing not the opposite!!
2.You mentioned after 30 days you can withdraw to any method regardless of the deposit method and i have by far exceeded 30 days to half a year already. Pointless talk with you. You always contradict yourself!!

January 23, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Dear Customer,
Thank you for your feedback. We're sorry to hear that you're not satisfied with our platform, and we're committed to resolving this issue.
As per your message, you mentioned that your account had automatic instant crypto withdrawal enabled. However, our Finance Team has confirmed that you requested manual withdrawals.
I can provide you with more details regarding why the Finance Team was unable to process your request. According to our AML (Anti-Money Laundering) policy, the deposit and withdrawal methods must match. If you funded your account using one payment method and are now requesting withdrawals using a different one, your request is likely to be rejected.
It's important to note that under FXOpen brand operate four entities registered and carrying business in in different jurisdictions:
FXOpen UK, authorized and regulated by the FCA (Financial Conduct Authority).
FXOpen EU, authorized and regulated by CySEC (Cyprus Securities and Exchange Commission).
FXOpen AU, authorized and regulated by ASIC (Australian Securities and Investments Commission).
FXOpen INT, registered in Nevis.
As a result, our clients have the flexibility to register their accounts in different jurisdictions, each with its unique conditions. Your account was opened with FXOpen INT entity. You can find all the information on our website fxopen.com.
We are committed to assisting you in resolving this matter. Please let us know how you would like to proceed.
Best regards,
FXOpen Team

Rated 5 out of 5 stars

Excellent broker

Excellent broker, I have been working with him since 2019, Good trading conditions.

October 20, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Hi, thank you for the awesome review. We are grateful you've chosen to trade with us. Best of luck with your trading!

Rated 5 out of 5 stars

Test trading on the new terminal and get a prize.

FXopen has started using the new multifunctional TickTrader terminal.
There is currently a competition for demo accounts on this terminal
You can not only explore the functionality of this terminal and earn prizes. Registration for the TickTrader Challenge-2 trading competition continues until October 26, 2023 on the FXopen forum.
I recommend exploring the new terminal at this competition.

October 18, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Hi, thank you for taking the time to leave us a 5 star rating. It's a pleasure to hear about your positive experience with FXOpen. We wish you success in trading!
All the best,
FXOpen

Rated 5 out of 5 stars

FXOpen is a very good broker

FXOpen is a very good broker
I have been cooperating with this broker for more than 10 years. During this time there were no complaints. Trades work perfectly, no slippage detected. They withdraw profits very quickly. So I advise everyone to trade with this broker.

October 7, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Hello, thank you for choosing us and for the incredible 5-star rating. Your feedback motivates us to keep raising the bar and sets the standard for excellence in everything we do.
Best regards,
FXOpen

Rated 5 out of 5 stars

FxOpen is an excellent broker for Forex…

FxOpen is an excellent broker for Forex trading. Suitable for both beginners and experienced traders.
Simple user interface. Speed and accuracy of transaction execution. Quick withdrawal of profits.
This is not a complete list of the advantages of this broker.

October 7, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Hello! Thank you for your good review of the company!

Rated 5 out of 5 stars

FXOpen is a very good broker

FXOpen is a very good broker. They helped me achieve success in my trading with the help of the technical analysis that they provide me on a daily basis.

If you are looking for a Reliable and Trustworthy Forex broker then trade with FXOpen.

March 10, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Hello Dilip, yes, we regularly publish technical market analysis. Our blog also contains many expert articles on trading strategies. We are glad that this knowledge helps you in your daily Forex trading. We wish you success and profitable trading.

Rated 3 out of 5 stars

Fxopen Australia customer service is…

Fxopen Australia customer service is very bad, I opened an account since 2 weeks ago and still waiting them to approve my Grade 2 verification, I did more than 10 tickets and no answer till now

Thank you problem resolved 10/10/2023

October 1, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Thank you for your review and for sharing your experience with our Customer Support team. Based on the details you have provided, we are currently looking into this matter. If you require any further information or assistance, please don't hesitate to contact us at support@fxopen.com.au.

Rated 5 out of 5 stars

Good help in trading

FXOpen is a reliable and decent company. The company fulfills its brokerage service obligations in full. The variety of trading accounts gives us the opportunity to have a better choice and alternatives for managing invested funds. There is a very useful and convenient way to make internal transfers using an independent wallet. The clear interface of the personal account page makes it easy to navigate in choosing the desired management functionality.
An important point is that trading conditions are suitable for any client with a deposit of any size. The variety of trading terminals is also very pleasant for working in the market. Feedback works clearly and only when necessary, works responsibly and professionally.
Despite all the global changes and critical market problems, the company maintains its stability and good faith relationships with its clients.
In the rating I note only the highest score.

January 6, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Hello Dzmitry, thank you for the 5-star rating! We are thrilled to know that you enjoyed trading with FXOpen. Your feedback motivates us to continue providing exceptional service to all our customers.
Best regards,
FXOpen

Rated 5 out of 5 stars

FXOpen is a trustworthy platform

FXOpen is a trustworthy platform. I have been trading here for over 10 years, enjoying great trading conditions and friendly customer service.

September 1, 2022
Unprompted review
FXOpen logo

Reply from FXOpen

Hi, thank you for the awesome review. We are grateful you've chosen to trade with us. Best of luck with your trading!

Rated 1 out of 5 stars

Worst broker ever

Worst broker ever. Constantly timing out while trading. I've missed so many trades because of them. This has been going on for months. I don't understand how they can operate. They are down during the busiest trading time, New York.

August 31, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Hello, thank you for your feedback. We're sorry to hear the experience hasn't met your expectations. Unfortunately we experienced a slight disruption which our IT team worked on immediately. Feel free to reach us at support@fxopen.co.uk if you have any further suggestions or comments.
Best regards,
FXOpen

Rated 5 out of 5 stars

good broker!

January 1, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Hi, thank you for your splendid feedback. It's a pleasure to hear about your positive experience with FXOpen.

Rated 5 out of 5 stars

Good broker

The broker offers excellent trading conditions, a wide range of trading instruments, but the most important thing is the fast execution of trades! I scalp trade, and it's crucial for me to enter and exit the market quickly, and this broker provides me with such an opportunity! The support is knowledgeable in all trading-related matters.

August 20, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Hi Rich, thank you so much for taking the time to leave us a 5 star rating and sharing it with us and the community. We're delighted you're enjoying trading with FXOpen. We wish you success in trading!

Rated 5 out of 5 stars

Regulated True ECN Broker

I am a Professional Forex trader i have been trading in the ECN accounts of FXOpen from the last 10 Years with Success. As i can see the income i am getting from my trades is good with them. This is mainly due to the Low Inter Bank pricing that they offer and this is why i choose them over other ECN brokers. They are Regulated and Reliable.

July 4, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Hello, thank you for your splendid feedback. It's a pleasure to hear about your positive experience. We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you. Best of luck with your trading!

Rated 5 out of 5 stars

Excellent broker

Choosing FXOpen was the best broker decision I ever made. Regulated by the FCA, my funds are safe in segregated accounts. Low spreads allow me to do scalp trades, high leverage and advanced ECN technology fuel my trading confidence. With MT4, MT5, TickTrader and TradingView platforms, I can trade at my convenience. Remarkably, withdrawals are processed quickly within one business day. The support team is always helpful, promptly responding to queries and resolving issues.

August 11, 2023
Unprompted review
FXOpen logo

Reply from FXOpen

Hello, we are so grateful for your 5-star review. Thanks for sharing your rating with us and the community. Best of luck with your trading!

Rated 1 out of 5 stars

1.The chat support staff not very…

1.The chat support staff not very knowledgeable.
2. Prompt technical/backroom support is wanting.

July 18, 2023
FXOpen logo

Reply from FXOpen

Hello, thank you for taking the time to leave a review. I can see from our records that our Customer Support team had to investigate further with the Finance team for additional information on your deposit query, which meant you didn’t have an instant response in that moment. I can see your Account Manager has since contacted you to answer your query, which I understand answered your question.
Best regards,
FXOpen

Rated 5 out of 5 stars

It is a great broker

It is a great broker, with good regulation, never had an issue making deposits or withdrawals. The most it takes for withdrawals is 1 week. They do not harass you with emails or messages on trading ideas or seminars or things like that but they do send you information to be aware of changes or promos or some information regarding markets but not harassing you. It is one of the best brokers.

July 15, 2023
FXOpen logo

Reply from FXOpen

Hello! We are so grateful for your 5-star review. Thanks for sharing your rating with us and the community. Best of luck with your trading!

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