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FxOpen

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FxOpen
www.fxopen.com
Published by admin
21-02-2009
Default FxOpen

You can view reviews and rate this broker below, (FX OPEN) from 0 to 5.

(0 is the worst rating, 5 is the best rating)
Member rating
Spread / Commission
67.6%67.6%67.6%
3.38
Execution Speed
77.6%77.6%77.6%
3.88
Deposit / Withdrawal
70%70%70%
3.50
Customer Service
65%65%65%
3.25
Scalping Policy
70%70%70%
3.50
EA Compatibility
85%85%85%
4.25
8 users rated 73% average
  #1  
By fxornot on 23-02-2009, 03:20
Member reviews
Spread / Commission
80%80%80%
4
Execution Speed
60%60%60%
3
Deposit / Withdrawal
80%80%80%
4
Customer Service
80%80%80%
4
Scalping Policy
80%80%80%
4
EA Compatibility
100%100%100%
5
Average 80%
Default

I have been with FXOpen for a few months, and I think they are a good broker :)
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  #2  
By plandy on 23-03-2009, 22:24
Member reviews
Spread / Commission
80%80%80%
4
Execution Speed
80%80%80%
4
Deposit / Withdrawal
100%100%100%
5
Customer Service
80%80%80%
4
Scalping Policy
80%80%80%
4
EA Compatibility
80%80%80%
4
Average 83%
Default

Quote:
Originally Posted by fxornot View Post
I have been with FXOpen for a few months, and I think they are a good broker :)
I concur with the above statement with similar experience. Thumbs up for FxOpen.
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  #3  
By brian023 on 28-03-2009, 03:08
Default Thieves...??

I deposited $300 into my account. 5 days later I withdrawed $400 via wire transfer, and I got only $320 to my bank account... My bank doesn't charge fees for these kind of transactions.
I sent an email to FxOpen, and they said there is a $50 FEE(!!!) for wire transfers, however I didn't find it on their site. But on the other hand: where is the remaining $30??

I only traded one week with them, but I had 3 server freezes... I don't recommend them as a primary broker...
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  #4  
By ace1 on 30-03-2009, 08:30
Default FUNNY EXPERIENCE WITH FXOPEN

Hey

I also had a funny experience with fxopen when i deposited into my account via wire transfer.They deducted some amount which i believe is transfer fee and now that you mention it,there is no such condition in thier website. Might consider another brooker.Have had several server freezes on me and being in a country where we sometimes experience network outages i felt it was the fault of my isp but with what i see from some comments here one might just rethink.
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  #5  
By miko432 on 06-08-2009, 18:36
Member reviews
Spread / Commission
100%100%100%
5
Execution Speed
100%100%100%
5
Deposit / Withdrawal
80%80%80%
4
Customer Service
80%80%80%
4
Scalping Policy
100%100%100%
5
EA Compatibility
100%100%100%
5
Average 93%
Default FXOpen review

I'm trading with them for the last 5 months. They recently added the MT4 ECN trading platform which is great in my opinion. Combining ECN and MT4 is exactly what all broker should do - ECN is the only thing trading with. I'm done trading with market makers. ECN on MT4 lets me run my robots and scalp as much as I want.
I wish the customer service was better though. Didn't have any probs withdrawing profits, although you need to see what transfer charges are like for you with your own bank.
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  #6  
By ForexMagnates on 28-08-2009, 10:30
Member reviews
Spread / Commission
100%100%100%
5
Execution Speed
80%80%80%
4
Deposit / Withdrawal
100%100%100%
5
Customer Service
80%80%80%
4
Scalping Policy
100%100%100%
5
EA Compatibility
100%100%100%
5
Average 93%
Default

With the introduction of MT4 ECN this broker is one of my recommended.
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  #7  
By scs464 on 22-02-2010, 01:23
Member reviews
Spread / Commission
20%20%20%
1
Execution Speed
100%100%100%
5
Deposit / Withdrawal
40%40%40%
2
Customer Service
20%20%20%
1
Scalping Policy
0%0%0%
0
EA Compatibility
100%100%100%
5
Average 47%
Default FXopen

They are okay, a little difficult at first with the way they do things
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  #8  
By blanush on 15-04-2010, 03:34
Member reviews
Spread / Commission
80%80%80%
4
Execution Speed
100%100%100%
5
Deposit / Withdrawal
100%100%100%
5
Customer Service
80%80%80%
4
Scalping Policy
100%100%100%
5
EA Compatibility
100%100%100%
5
Average 93%
Default client of fxopen

This is very very good broker.Very satisfied with all they do.Very easy to trade and good servers.Never problems with money.
I trade on ecn.
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  #9  
By Nova2011 on 19-04-2010, 03:49
Member reviews
Spread / Commission
80%80%80%
4
Execution Speed
100%100%100%
5
Deposit / Withdrawal
60%60%60%
3
Customer Service
100%100%100%
5
Scalping Policy
100%100%100%
5
EA Compatibility
100%100%100%
5
Average 90%
Default well go

I like the idea of trading not against your broker but against the market. I tested this broker, and really it is great and fast and my trading results depend on my skills only and no need to worrie about common broker tricks like stop hunting.
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  #10  
By ortan on 01-11-2010, 18:59
Default FxOpen

Choosing an online forex broker can be a daunting task especially when many online forex brokers today offer the same bells and whistles - frequent up to date forex economic news and all the fancy charts and technical indicators that you can look at. The problem is that you normally need to sign up for an account to determine if the broker is the right one for you.

This FXOpen review shows you why FXOpen is an excellent choice to be considered.

1. Low spreads - Besides your forex trading strategies, the most important factor determining your profits is the spread, and FXOpen offers some of the lowest spreads around, sometimes as low as 0.5 pips.

2. Low capital required - FXOpen only requires $1 for you to start trading on a micro account and $25 for a standard account. Although I suggest you start off with a minimum of $500, this flexibility is good for those unwillingly to part with too large an initial capital outlay.
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