FXOpen: reviews and profiles
FXOpen Company: FXOpen Investments Inc. was established in 2003 in the Egyptian capital Cairo as a center of education for learning technical analysis in the financial market. FxOpen offers dealing services since 2005. In 2009, the company launched an innovative MT4 ECN trading platform and offered to retail traders with access to the interbank market through the platform MetaTrader. A further innovation was the fiduciary Rummy (a mechanism for automatic proportional division of profits and losses between the Manager and the investor). The company also offered to clients to trade volume of 0.1 lots for ECN accounts. Today, the priority is to improve the company's innovative solutions for trading. The company has FXOpen popularity in the Islamic world. The company is involved in sponsorship, supporting the initiatives of people close to them in spirit. In 2009 the company opened an office in Russia. The minimum deposit is $ 1. FXOpen dealing center has a number of prestigious awards, demonstrating the quality and reliability of the broker:
- "Best Broker of East and Asian regions in 2009";
- "Best Broker of the Year 2009".
The company FXOpen has branches:
The company has offices in various financial centers around the globe:
- Cairo, Egypt;
- Paris, France;
- Jakarta, Indonesia;
- Kuala Lumpur, Malayziya;
- Moscow, Russia;
- Nicosia, Cyprus;
- Astana, Kazakhstan;
- Port Louis, Mauritius;
- Tehran, Iran.
License of FXOpen:
FXOpen company registered in New Zealand. The head office is located at: FXOpen NZ Limited
Auckland, New Zealand
6/138 Bassett Road, Remuera,
Auckland, 1149
New Zealand
Phone: 9801 0123 sixty-four +64 9 801 0123
FXOpen company is licensed Financial Service Provider Registry in New Zealand (FSPR License Number: FSP192685) and is a member of the Financial Dispute Resolution Scheme as obligated by law
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Voting and feedback traders in the forex broker rating about FXOpen:
- students at Masterforex-V Academy
- Internet users
To work to its customers the company offers the following trading platforms:
- ECN MT4 trading platform from FXOpen;
- MetaTrader 4;
- MetaTrader 4 Mobile;
- Trading terminal Metatrader 4 for PDA (cab);
- Trading terminal Metatrader 4 for PDA (Windows Installer);
- MetaTrader 4 Mobile Smartphone Edition;
- Trading terminal Metatrader4 Smartphone (cab);
- Trading terminal Metatrader4 Smartphone (Windows Installer).
FXOpen company launched an educational project, which aims to improve the skills of the clients - Trading room - is a virtual trading room, where you can get expert advice online or confirm the effectiveness of their strategies. In this "trading room" traders can monitor the trade of successful traders on a professional trading platform Market Delta.
Trading instruments brokerage FXOpen:
- 28 currency pairs Forex (49 currency pairs on account ECN);
- Gold and silver;
- Futures.
Trading terms of FXOpen:
- 6 types of accounts, including a cent, and PAMM ECN account;
- Minimum deposit for micro -1 dollar for standard accounts - $ 25, for ECN-accounts of $ 1,000;
- 4 or 5 decimal places;
- Interbank liquidity;
- spread fixed and floating from one point;
- this commission is to some types of accounts;
- - Margin call - if at Margin Level of less than 100%;
- - Leverage up to 1:500;
- - Losing trades are closed automatically at Margin Level of less than 20% -50%;
- scalping;
- Expert Advisors;
- hedging;
- Phone dealing in separate accounts;
- Trading volume - 0.1 microlots;
- bonuses and promotions;
Deposit / Withdrawal FXOpen:
- bank transfer;
- Electronic payment systems: WebMoney, Skrill (formerly system Moneybookers), DixiPay, Payza, fasapay, cashu, RBK-money, QIWI WALLET, W1, intellect money;
- Credit / debit card (Discover, MasterCard, Visa, American Express, Maestro, JCB, Visa Electron, Visa Delta)
- Prepaid cards (Top Up Cards);
- Internal transfer.
Advantages of:
- easy to open an account and deposit of the money;
- ECN Forex broker;
- have the ability to open a micro account.
Disadvantages of:
- often accounts get blocked and requotes;
- frequent non-payment of the profits;
- 9 out of 10 cases of slipages.
- Scalping for a standard account is allowed, but with restrictions.
The presence of the "black list brokers":
- FXOpen forex broker company is not seen in the Black List.
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