FXOpen ECN
FXOpen is an ECN broker that set up its business back in 2003. At that time, it provided educational services for technical analysis. Later, it started trading as a brokerage company, gradually growing into a highly competitive NDD broker and a provider of innovative solutions and technologies in the industry.
FXOpen’s top services include the first-ever ECN-integrated MT4 trading platform, which enables super-fast execution of orders of 0.1 minimum lots’ volume, along with the operation of PAMM accounts. The company’s software known as the One Click Trading Level2 Plugin (OCTL) adds to the list of the broker’s services. FXOpen developed and introduced to the market a mobile application called FXOpen Trader for Android, and is renowned for its extensive partnership program.
The company has created favorable conditions for ECN trading by providing narrow spreads, low mark-up commission, and a wide choice of trading accounts including the advanced STP accounts for more sophisticated traders.
FXOpen has international offices in New Zealand, Australia, Russia and the United Kingdom. The company’s brokerage activity is regulated by respective authorities, including the Financial Commission, the Australian Securities and Investments Commission and the Financial Conduct Authority.
At present, FXOpen is listed among the top ECN brokers.
- Date of foundation: 2005
- Regulation: FSPR,ASIC, FCA
- Trading Terminal: ECN MT4
- Deposit/Withdrawal options: Wire Transfer, Local Deposits, Regional Bank Transfers, credit/debit cards, payment systems WebMoney, QIWI Wallet, Yandex.Money, Skrill, NETELLER, RBKMoney, Elecsnet, Payza, fasaPay, cashU, OneCard, DixiPay, Internal Transfers, etc.
- Trading accounts: Micro, Standard, STP, ECN, PAMM Standard, PAMM ECN
- Trading instruments: 49 currency pairs, gold/silver
- Minimum deposit: US$1
- Minimum trading size: 0.1 Micro lot
- Leverage: 1:500
- Spread: starting form 0 pips
- Bonus program: bonuses for the traded volume, Forex contests bonuses, Forum bonuses
- PAMM service: available
- Official website: http://www.fxopen.com/