FXOpen Review

Review

FXOpen is among the world's leading Forex brokers with a vast and satisfied clientele. Since its inception, it has been a company with vast global potential and reach, dynamism and experienced employees, these factors ensuring the financial success of its customer and the company’s continued growth.

Started in 2003, FXOpen was an educational center in Cairo providing training to individuals in the areas of technical analysis of stocks and Forex. In 2005, FXOpen started their own dealing agency and raced fast to the forefront of the world's Retail Forex industry on account of their excellent  service. it has been the premier trading service for Islamic traders with Sharia compliant swap-free accounts.

FXOpen takes pride in featuring the first ever MT4 ECN trading platform coupled with PAMM accounts, which combination makes for esoteric trading conditions, safe order execution, speed of operations, and consistent support. PAMM accounts are a new feature that came about when FXOpen saw the need for a new investing tool. The PAMM service, Percentage Allocation Management Module is good for professional money managers who like to manage their funds. There are PAMM accounts through FXOpen for either managers or investors and you can accss the full list of PAMM accounts on the website.

The website is very impressive, from the colors used, to the streaming news, to the comprehensive information available, it is very eye-catching, the company logo of the bull and bear adding charm to everything! There is a provision for live chat as well as for gleaning knowledge in different areas like Forex, Forex education and analytics, and the trading platforms, including information about Electronic Communications Network (ECN) training. The visuals facilitate an understanding of everything.

FXOpen offers a variety of promotions when trading with them. You can receive 100 dollars after opening a Real Money account and trading 10 standard lots. There are also bonuses when opening Standard and Micro accounts as well. They also provide the option of transferring money from your old account with a different broker to their account while receiving a welcome bonus!

Across the screen there is a running currency pairs update letting you know the current information and exchanges for what interests you and your trading. There is also a live news section discussing Forex news, and other financial world news as well.

There is a very organized contact section, giving you different areas of expertise you may need help in, with email addresses. A very cool addition is the contact information of customer support for both Skype and ICQ for when you have difficulty while speaking to someone from FXOpen. As of recently, FXOpen is now offering a Call-Back request option where you can fill out a form on their website with your information including your country you are in, and the language you prefer and someone will call you back from the company.

FXOpen is a true story of success, given its strong service motive, fine work ethic and dynamic nature, its website comprises all these features and evokes trust.

Back to Top

User Reviews

Did you have a good experience with this broker? A bad one? Tell our team and traders worldwide about your experience in our User Reviews tab. Your email address will not be posted.

Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed.

Back to Top