FXOpen Verified Reviews from Actual Traders

fxopen reviews

MT4 includes many other features such as a news calendar, real time quotes, history centre, one click trading and much more. I personally love the news calendar and history centre in aiding my trading decisions. You simply download the platform for free, install it, and login to your FXOpen trading account.

Is FXOpen A Good Or Bad Forex Broker?

There is a knowledge base on the FXOpen website that includes tutorials on how to use the One Click Trading & Level2 Plugin. MetaTrader 4 & 5 are xcritical reviews available to install on your iOS or Android devices. I find the trading apps useful especially if you would like full control over your account and to trade the markets on the go from anywhere at any time.

I appreciate that it is fully customisable and easy enough to use for beginners whilst having enough complex tools for the more advanced traders. The broker welcomes clients from all over the world but do not provide services to United States residents due to strict US regulatory restrictions. This is not unusual since the USA is pretty strict in their financial regulations.

As the Ask price went above your stop level, the trades were executed correctly. Please do not hesitate to contact Customer Support if you require any further information on this. scammed by xcritical BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs.

  1. MT5 is a more powerful version of MT4 and was also developed by trading software company MetaQuotes Software Corp.
  2. Trading fees vary between accounts and execution types, but the ECN solution provides particularly competitive pricing with spreads from 0.0 pips and a commission from $1.50 for high-volume traders.
  3. When you follow a signal provider, ZuluTrade will reproduce the provider’s trading strategy automatically in your MetaTrader account.

Non-Trading Fees

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fxopen reviews

Can beginners learn how to trade with FXOpen’s educational materials?

FXOpen is a legitimate broker with 15+ years experience, more than 1 million registered traders and multiple industry awards. FXOpen is a reputable ECN and STP broker catering to forex traders of all experience levels. FXOpen’s customer support is satisfactory, providing service 24/5.

An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.

I personally prefer MT4 since I find it does everything I need without complications and I have been using it for many years. You can download the MetaTrader platforms for free on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). If you are a MetaTrader user then you may want to consider Pepperstone instead. So far I’ve had a wonderful trading experience with fxopen, especially with the tick trader and low spread. Commission is ok, but $10 withdrawwal fee is just too outrageous…I shouldnt pay for commission, swap, and then pay $10 to withdraw my funds. I am a Professional Forex trader i have been trading in the ECN accounts of FXOpen from the last 10 Years with Success.