Basic Information & Regulators
FXOpen (EU) Is One Of The Fastest Growing Online FX And CFD Brokers In The World. The Broker Is Currently Regulated By The Cyprus Securities And Exchange Commission (Regulation No. 194/13), B And Holds A Cross-border License Authorizing The Company To Provide Financial Services To All European Union Member States.
Security Analysis
FXOpen (EU) Fully Complies With The CySEC Client Funds Rules And Completely Segregates Client Funds From The Company's Equity Funds. Client Funds Are Held In Segregated Accounts At Barclays In London And Greek Banks In Cyprus.
Main Business
FXOpen Provides Investors With Popular Trading Products On Financial Marekt, Including Foreign Exchange (major Currency Pairs, Minor Currency Pairs And Emerging Currency Pairs), Indices, Commodities, Stocks, Cryptocurrencies.
Leverage & Accounts
Leverage Is 1:30 For Major Currency Pairs, 1:20 To 1:30 For Minor Currency Pairs, And 1:20 For Emerging Currency Pairs. Trading Leverage Is 1:20 For Index Products, 1:10 To 1:20 For Commodities, 1:5 For Stocks, And 1:2 For Cryptocurrencies. FXOpen Has Set Up A STP Account And An ECN Account For Traders. The Minimum Deposit For Both Accounts Is $300/300 Euros. The Difference Is That The ECN Account Can Trade Currencies, Cryptocurrencies, Stocks, Metals, Energy And Index CFDs, While The STP Account Can Only Trade Currencies And Metal CFDs.
Spreads & Commission Fees
Major Spreads For Forex: EUR USD Minimum 0.2 Pips, GBP USD Minimum 0.3 Pips, AUD USD Minimum 0.3 Pips. Forex Trading Below 1000 Dollars Is Charged A Commission Of $3.5/lot, 1000 Dollars- $25,000 Is Charged A Commission Of $2.5/lot, $25,000 - $250,000 Is Charged A Commission Of $1.8/lot, And Over $250,000 Is Charged A Commission Of $1.5/lot. The Main Spreads Of The Index: 2.4 Points For The UK 100, 0.9 Points For The American Customer Technology 100, And 1.7 Points For Wall Street 30 (Mini). Index Products Charge 0.0075% Commission For Trading Below 1000 Dollars, 0.005% Commission For 1000 Dollars- $25,000, And 0.005% Commission For Trading Above $25,000. The Main Spreads Of Commodities: The Minimum Is 0.31 Points For The Gold Dollar And 0.02 Points For The Silver Dollar. The Main Spreads Of Stocks: Tesla Stock Is 2.65 Points, Apple Stock Is 0.45 Points, Facebook Stock Is 0.86 Points, And The Stock Charges 0.01% Commission. The Minimum Spread Of Bitcoin Is 62.6 Points, And The Commission Is 0.5% Per Side.
Trading Platform
FXOpen Provides Traders With The Current Market-leading And Popular MT4 And MT5 Trading Platforms, As Well As VPS And FIX APIs.
Deposit And Withdrawal
FXOpen Provides Users With A Variety Of Safe And Convenient Deposit And Withdrawal Channels, Mainly Telegraphic Transfer, Which Supports EUR/USD/GBP, With A Minimum Deposit Of 300 EUR/USD/GBP And A Minimum Withdrawal Of 50 EUR/USD. There Is No Handling Fee For Telegraphic Transfer Deposits, And A Handling Fee Of 15 EUR/30 USD Is Required For Withdrawals. In Addition, Visa/MasterCard Deposits And Withdrawals Are Also Supported. This Method Supports EUR/USD/GBP, With A Minimum Deposit Of 50 EUR/USD/GBP And A Maximum Amount Of 10,000 EUR/GBP/GBP.
