⚠️ Regulatory Warning
ASIC: LICENSE REVOKED
ASIC canceled FXOpen AU Pty Ltd's AFS license on September 4, 2024, due to serious compliance issues.
View Official WarningCFTC: UNDER INVESTIGATION
In 2011, the CFTC sued FXOpen Investments Inc. for operating as an unregistered Retail Foreign Exchange Dealer in the U.S. and imposed a $140,000 civil monetary penalty.
View Official WarningCFTC: UNDER INVESTIGATION
In 2025, the CFTC added FXOpen to its Registration Deficient List (RED List) for operating without proper registration.
View Official WarningFXOpen Review 2026
Regulation Status
Regulation status not confirmed
23
Ebene Heights No. 34, Cybercity Ebene, Mauritius
ECN/STP
3 types
Overview
FXOpen is a global forex and CFD broker founded in 2003, offering a range of trading accounts, including ECN, STP, Micro, and Crypto accounts, catering to both retail and institutional traders. The company is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). FXOpen provides access to over 700 markets, including forex, indices, commodities, shares, ETFs, and cryptocurrencies.
Trading platforms available include TickTrader, TradingView, MetaTrader 4, and MetaTrader 5. The maximum leverage offered is 1:500, and spreads start from 0.0 pips.
Best For
FXOpen is best suited for experienced traders who seek a diverse range of trading opportunities across multiple asset classes. With regulatory oversight from the FCA and CySEC, FXOpen instills a sense of trust and security for its users, which is essential for those navigating complex markets. The platform caters well to various trading styles, including scalpers, day traders, and swing traders.
Its availability of both MetaTrader 4 and MetaTrader 5 allows users to leverage advanced charting tools and automated trading capabilities, while the TickTrader and TradingView integrations offer additional flexibility for those who prefer different interfaces. For account size, FXOpen accommodates a spectrum of traders, from beginners with smaller accounts to seasoned professionals managing substantial portfolios. The micro and standard accounts make it easier for new investors to start small, whereas professional traders can benefit from the ECN and STP accounts with higher leverage options.
Overall, FXOpen is an excellent choice for those with the experience to navigate advanced trading strategies while accommodating a range of account sizes and styles.
FXOpen regulation ensures a secure trading environment for its clients through oversight by reputable authorities. The brokerage operates under the regulations of the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC), both known for their stringent requirements to protect traders and maintain market integrity. A crucial aspect of FXOpen's regulation is its commitment to trader protection.
Under the FCA, clients' funds are safeguarded in segregated accounts, meaning that client funds are kept separate from the company's operational funds. This helps protect traders in the event of financial difficulties faced by the brokerage. Similarly, CySEC mandates the same level of protection, ensuring that traders can feel secure when investing.
When it comes to fund safety, FXOpen also participates in the Financial Services Compensation Scheme (FSCS) in the UK, which provides additional security by offering compensation to clients should the broker default. Consequently, this regulatory framework underscores the importance of user safety and confidence in trading. To verify FXOpen regulation and assess whether "FXOpen is safe" for trading, potential clients can check the official websites of the FCA and CySEC for the broker’s registration details.
This transparency allows traders to confirm the legitimacy of the brokerage's operational standards and safeguards, offering peace of mind as they navigate the markets. Overall, FXOpen regulation reinforces its credibility as a reputable option for traders seeking a secure trading experience.
How They Compare
Regulators
Min Deposit
Spreads From
Platforms
Frequently Asked Questions
Visit their website and click the "Open Account" button. You'll need to provide personal information, proof of identity, and proof of address. The process typically takes 5-15 minutes, with verification within 24 hours.
The minimum deposit for this broker is $100 USD.
This broker offers TickTrader, TradingView, MetaTrader 4, MetaTrader 5. Each platform has different features suited for different trading styles.
The regulation status for this broker has not been confirmed. We recommend verifying regulatory information directly with the broker.
This broker restricts services in the following countries: United States. If your country is not listed, you should be able to open an account.
Support is available via 24/5 Support, Email, Live Chat. They also support English, Russian, Chinese, and more.
Data Sources & Provenance
Factual claims on this page are verified against the following primary sources. Each source is checked directly by our editorial team.
Broker offers TradingView integration
TradingView integrates with 100+ brokers, allowing direct trading from TradingView charts across forex, stocks, crypto, and futures markets.
Key Facts
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