FX Open DETAILED REVIEW

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    FXOpen Review

    FXOpen are one of the longest-standing brokers in the industry and they are still going strong today. They offer you some of the best trading conditions, with low spreads and fast trade execution speeds. They also have competitive commissions so that you can trade with confidence. You can get access to user-friendly trading platforms for web, desktop and mobile devices. They enable you to trade hundreds of instruments across multiple asset classes, so there’s something for everyone here. The impressive range of services include trading accounts, trading platforms, managed accounts, analytical tools, trading signals and more! I have never had any issues when it comes to trading or funding with them plus their regulation gives me comfort that my funds are safe.

    The official website of the Forex Broker FXOpen

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Pros & Cons
    Pros:
    • Easy to use trading platforms
    • Large range of trading instruments
    • Tight spreads and low commissions
    • Rapid trade execution speeds
    • Good range of trading tools
    • Free VPS for eligible clients
    • Managed account and copy trading
    • Various deposit and withdrawal options
    • Free demo trading accounts
    • Minimum $1 deposit
    • 24/5 customer support

     

    Cons:
    • They do not accept traders from some countries
    • Limited stock instruments compared to some competitors
    • Larger deposit required for best trading conditions
    • Could improve educational materials for beginners

    Summary

    FXOpen is an established online trading broker founded by a group of traders in 2005. Since then they have grown to become one of the leading brokers across the globe with over 1 million accounts opened in more than 100 countries.

    Their ECN liquidity ensures you get tight spreads and fast trade execution speeds across multiple instruments and markets including CFDs on Forex, Commodities,  Stocks, Shares, Indices, Metals & Energies.

    You will find that they have a range of flexible trading accounts to choose from with support for implementing third party automated trading systems from Myfxbook and Zulutrade. There is PAMM technology for money managers and followers as well as Sharia compliant swap free accounts available too!

    FXOpen provides professional trading services to retail and institutional investors alike which means that you can day trade with them without compromising on quality!

    Trading Conditions

    FXOpen offers a true ECN model via their MT4 & MT5 platforms. This is a great option for traders who are looking for institutional liquidity and instantaneous order execution.

    FXOpen’s ECN model allows you to trade with other market participants, which could be banks, funds, or even other traders. This can help you to reduce spreads and slippage while providing plenty of liquidity at all times.

    I tend to find that trading on an ECN model is more popular with experienced traders and those who use a scalping strategy.

     

     

     

    FXOpen ECN Model Overview

     

    FXOpen ECN Model Overview

     

     

    The ECN model means that your order will be filled in the interbank market, but execution price may differ from the price you requested when you placed the order. All ECN participants have equal execution rights and transactions take place in a completely transparent environment. Each participant within the network can act as a liquidity provider.

    FXOpen clients receive real-time quotes from the industry’s largest liquidity providers. The list of LPs includes Dresdner, SG Paris, Standard Chartered, Barclays Capital, Bank of America, CRNX, JPMorgan, Morgan Stanley, Deutsche Bank AG, RBS, CITI and UBS. These are top quality liquidity providers which help ensure you get excellent pricing from FXOpen at all time.

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Regulation

    FXOpen is a member of the Financial Commission who are an independent self-regulatory organization and external dispute resolution (EDR) body, that is dedicated specifically to Forex.

    The FXOpen group has 3 related companies that are regulated in multiple jurisdictions.

    FXOpen AU

    FXOpen is a regulated broker, which is always a plus. The Australian Securities and Investments Commission (ASIC) regulates FXOpen, and they are one of the most trustworthy regulators out there. If you are looking for a broker that will protect your funds, then ASIC regulated brokers are your best bet.

    FXOpen also provides a Product Disclosure Statement and Financial Services Guide, which spells out exactly what customers are signing up for when they opt for FXOpen as their broker, including the risks involved. I really appreciate this gesture since most brokers don’t provide this service.

    FxOpen UK

    FxOpen UK is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The FCA are another very well-respected regulator that aims to protect investors.

    Having both ASIC & FCA regulation is a good sign when looking for a trusted broker. The UK company will have some restrictions on trading such as leverage capped at 1:30 due to the European Securities and Markets Authority (ESMA) rules.

    FXOpen UK clients have protection from the Financial Services Compensation Scheme (FSCS). This is a compensation fund to protect eligible clients for up to £50,000 in the event FXOpen UK cannot return money due to bankruptcy or something else. After doing some digging I found out that there is a long list of terms and conditions in order to be eligible for this compensation fund.

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    FXOpen Markets

    FXOpen Markets Limited, a company located in Saint Kitts and Nevis, is not regulated by any government agency. This is not surprising given that there are a number of offshore brokers operating today who are regulated in other jurisdictions that I would consider top-tier.

    Verified Trades

    FXOpen has an execution quality certificate from Verify My Trade that compares 5,000 trades per month against a benchmark of other brokers and liquidity providers. They have satisfied and continue to maintain execution quality standards. I can say from experience that I have always received good execution on my trades, even when scalping during hours of low liquidity.

    Countries

    FX Open is a broker that welcomes clients from all over the world. However, due to strict US regulatory restrictions, they do not provide services to United States residents. This is not unusual since the USA is pretty strict in their financial regulations. If you are looking for a USA broker, then IG would be my top choice. In terms of regulation, Plus500 have are one of the most well-regulated brokers that you can trade with.

    Platforms

    No matter what you’re looking for, FXOpen has something for you.

    FXOpen is a broker with a large selection of assets and trading platforms. They have offices in London, Moscow and Hong Kong and are regulated by multiple regulators including the FCA, CySEC and NFA.

    They offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which is very similar to MT4 but with a few added features. I personally prefer MT4 because 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. They also have the MT4 and MT5 platforms.

    In addition to offering these platforms, FXOpen offers traders an extensive range of assets including Forex pairs, CFDs, CryptoCurrencies and even Commodities such as Gold or Silver! They also offer leverage up to 1:1000 which makes trading easier than ever before!

    MetaTrader 4

    MT4 is a trading platform developed by MetaQuotes in 2005 and will usually be sufficient enough for most traders, regardless of your experience level. I appreciate that it is fully customizable and easy enough to use for beginners whilst having enough complex tools for the more advanced traders.

     

     

     

    MT4 Platform

     

    MT4 Platform

     

     

    FXOpen is an international broker that has been around since 2009. They offer traders one of the best MT4 solutions available, as well as a Level 2 MT4 plug-in so you can place trades with just one click.

    In 2009, FXOpen were amongst the first brokers to offer clients direct access to interbank liquidity with ECN trading through MT4. They now offer MT4 with advanced capabilities compared to the standard version, including the liquidity aggregator which combines the best prices from over 10 banks and liquidity providers (LPs) to ensure instantaneous and error-free order execution. This is why they can continue to give you some of the lowest spreads and commissions in the industry.

    FXOpen Broker is a forex broker that offers MT4 as its trading platform. I like how can download and use ready made expert advisors (EA’s) for automated trading or use the built in MetaEditor to create your own automated strategies in the MQL programming language. The strategy tester allows you to back test EAs over historical data. I have used the MT4 platform to run automated strategies for many years and find it the perfect platform to do so.

    Charts across all markets can be displayed in multiple timeframe as bars, candles or lines. There are some third-party solutions that will enable support for Renko charting in MT4. You can load any of the 50+ built in technical indicators for analyzing charts and finding potential trade opportunities. You can download additional indicators or create your own custom indicators in the MetaEditor. Chart templates can be saved for you to get easy access to them at a later date.

    MT4 includes many other features such as a news calendar, real time quotes, history center, one click trading and much more. I personally love the news calendar and history center in aiding my trading decisions.

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    MetaTrader 5

    FXOpen is a forex broker that offers clients access to MT4 and MT5. MT4 is a more basic version of MT5, with a user-friendly interface and features that are suited for beginners.

    MT5 is a more powerful version of MT4 and was also developed by trading software company MetaQuotes Software Corp. It has a very similar user-friendly interface to MT4 with a few additional functions to improve the overall trading experience. It is important to note that FXOpen only supports ECN accounts in MT5. You might need MT5 if you are a super technical trader and need access to more stock trading instruments.

    Some key features of MT5 include more order types for extra trading flexibility with depth of market, more timeframes and indicators for technical analysis, economical calendar and financial news to help forecast price movements, multi-currency strategy tester and more. There is a handy knowledge base on the FXOpen website that includes tutorials where you can learn how to use the MT5 platform.

     

    MT5 Platform

     

    MT5 Platform

     

    MetaTrader Mobile Trading

    The MT4 and MT5 mobile apps are available to install on your iOS or Android devices. The apps are extremely useful for traders who want full control over their accounts and prefer to trade on the go from any location at any time. The mobile versions contain many of the same features as the desktop platforms including placing orders, managing orders, interactive charts, account overview, push notifications, etc. I frequently use the apps to easily check my trades as and when required.

     

     

     

    MT4 App

     

    MT4 App

     

    MetaTrader Web Trading

    For traders who want to trade from their web browsers, MetaTrader 4 offers a web trading platform with a familiar desktop-like interface. The MetaTrader 4 web trader is compatible with all modern web browsers and operating systems including Windows, Mac OS and Linux.

    MetaTrader 4’s web trader is ideal for traders who don’t want to install or run additional software on their computers. All you need is an internet connection!

     

     

     

    MetaTrader Web Trader

     

    MetaTrader Web Trader

     

     

    The web trader has a very user-friendly interface and quick learning curve. You can easily open and close trades, set stop and entry levels, place and edit stop and limit orders, stop loss and take profit and more. However, I need to use the desktop platform as the web version cannot run expert advisors (automated systems).

    It is important to mention that this broker has a great customer support service that is available 24/7. The support team is very friendly and professional, they always answer all questions in a timely manner even on weekends or holidays.

    MQL Community

    MetaTrader is a well-known platform that has been used by traders for many years. The broker offers a large online community where users of the platform share ideas and where you can download for free or purchase additional indicators and automated systems. You can also subscribe to trading signals from the MetaTrader marketplace which is built into the platform. If you are looking for a dedicated social trading platform, the eToro are the industry leaders in this aspect.

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Tools

    If you’re looking for a broker that allows you to trade with ease, then FXOpen is an excellent choice. They have a few useful trading tools that can help to improve your trading efficiency. These can be used to assist with money management and market analysis. I appreciate that these tools are offering precise calculations of things such as pip value, margin, swaps, and commissions. This can help you to save time and plan your trading, estimate potential profits/risk and optimize your lot sizes. It would be great if they could implement some more market analysis tools in the future. That being said, you will find plenty in the MetaTrader platforms.

    If you want lots of trading tools, BlackBull Markets have an excellent selection. GO Markets provide Autochartist and Trading Central which are fantastic for trading signals.

    One Click Trading & Level 2 Plugin

    FXOpen BROKER offers a One Click Trading & Level2 Plugin. This plugin allows you to quickly place trades at the best price with a single click. The 5 levels of market depth show you the available volumes of liquidity for any currency pair. It supports market and pending orders with the ability to pre-set order size, take profit and stop loss. You can also view the market depth level 2 data and the volume-weighted average price (VWAP). There is a knowledge base on the FXOpen website that includes tutorials on how to use the One Click Trading & Level2 Plugin.

    Margin & Pip Value Calculator

    FX Open Broker is a unique risk management tool that can help you calculate margin and pip values before opening a trade. It can also help you to decide on which leverage to use. It uses real time quotes and your accounts equity / leverage to determine calculations.

    Currency Exchange Rates

    FXOpen Currency Rates

    With our currency rates calculator, you can see the exact rates of exchange between currencies, which can be useful when depositing or transferring between FXOpen accounts. Historical rates are also available.

    Commission Calculator

    Get instant commission calculations per half-turn or per round-turn for any FX currency pair or metal.

    Specify the lot size you want to work out the commission for and click individual currency pairs for the detailed formulas behind the calculations.

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Economic Calendar

    When you’re trading the markets, it can be hard to keep up with everything that’s going on. That’s why I love using FX Open BROKER’s economic calendar. It allows me to keep track of all the latest market news in one place.

    The economic calendar displays all the upcoming events, so I can see what news releases are coming up and have an idea of how they might affect my trades. It also shows a volatility impact expected for each release, along with results from previous releases in case anything unexpected happens. This helps me make informed decisions about when to buy or sell based on what I see from other traders.

    Myfxbook AutoTrade

    FXOpen provides its clients with a host of trading tools and services, including mirror trading via the popular social trading website Myfxbook.com. Mirror trading allows you to set your account to automatically copy the trading signals of other traders listed on Myfxbook. When a trade is placed on the provider’s account, the MT4 terminal will send a signal to your account to duplicate the trade.

     

     

     

    Myfxbook AutoTrade

     

    Myfxbook AutoTrade

     

    The FX Open BROKER is an online trading platform that allows you to trade forex on a daily basis. You can choose from thousands of providers and strategies, but only those who have live accounts, 3 months of profit and a deposit of at least $1,000 are displayed. This gives me more confidence in the signals but I would still prefer to do my own trading. You can limit the lot size, number of trades, maximum drawdown and unsubscribe at any time. It is very important to note that past signal performance is by no means a guarantee of future performance.

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    ZuluTrade

    ZuluTrade is an automatic trading platform where you can get signals from other forex traders that you can copy to your trading account. I find this really helpful if you’re too busy to analyze the market yourself or you’re just a beginner. You can search and filter for signal providers based on your requirements. When you follow a signal provider, ZuluTrade will reproduce the provider’s trading strategy automatically in your MetaTrader account.

    The benefit of using ZuluTrade is that it makes it easy for you to trade without having to spend time analyzing the market yourself. All you have to do is pick a signal provider that has a good track record, then set up your account so that when they send out signals, they’ll be copied automatically into yours.

     

     

     

    ZuluTrade

     

    ZuluTrade

     

    To use ZuluTrade, you will need to provide your name and the FXOpen account number that you wish to use for automated trading. They will then send FXOpen a signed Letter of Direction (LOD), authorizing ZuluTrade to perform automatic trading in your account.

    This letter is very important because it ensures that your account is legally protected. It also protects you from any issues that may arise during the process of signing up for ZuluTrade.

    In addition, it is important to note that past signal performance is not a guarantee of future performance.

    Virtual Private Server (VPS)

    If you’re a trader, then you know that your MetaTrader platform needs to be available 24/7. A Virtual Private Server (VPS) allows you to run your MT4 platform without needing your computer switched on. This is useful if you wish to keep expert advisors running and want to access your MT4 platform remotely from anywhere in the world with an internet connection. I have my own VPS that cost around $30 per month, which is great for remotely running trading robots on multiple platforms at the same time.

    FXOpen offer a free VPS to clients who maintain an equity of at least $5,000 or trade $10m in volume each month. However, there is a $30 fee that you will be charged to cover the cost of the VPS if you do not meet the requirements but are using the free VPS. For increased speed the VPS is cross-connected to the FXOpen servers. If a VPS is important for your trading, you can get access to a free VPS from other brokers, including Switch Markets.

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Education

    FXOpen is a forex broker that has been around since 1998. They are regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). They have an impressive reputation and offer a wide range of trading products.

    The platform is user friendly, easy to navigate and provides plenty of tools to help you trade successfully. If you are new to the markets, then this might be one of your top choices as it does not provide dedicated training courses or online courses like some other brokers do. However, there are plenty of help videos available on their website which will provide you with all the information you need to get started.

    Market News & Analysis

    FXOpen provides you with a number of resources to help you keep up with the markets and trade with confidence. There are two sections on the FXOpen website that include frequently updated market news & analysis. They cover multiple markets with detailed write ups and explanations that are supported with clear chart annotations. You can use them to get potential ideas for trading opportunities and to keep up to date with the latest market insights.

    Markets

    FXOpen is one of the world’s largest forex brokers, and they offer a wide range of trading instruments in multiple markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices and Metals.

    However, I found them to be lacking in stocks when compared to competitors. For example, TMGM have a superb selection of more than 15,000 global stocks for you to trade, putting them amongst our best stock brokers.

    Another thing that I found slightly confusing is that each trading account type has different instruments available for trading. Therefore, make sure that the account you want to open offers the instruments that you wish to trade.

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Forex Pairs

    The XM Group, a leading financial services provider, offers one of the most extensive selections of currency pairs available. XM Group’s 70+ FX currency pairs include majors such as the EURUSD & GBPUSD, minors and exotics. If you plan on trading forex using strategies that require minimal spreads at all times, XM Group have spreads from just 0.0 pips on major currency pairs.

     

    Index CFDs

    FX Open offers a wide range of CFDs and Index CFDs. Index CFDs include UK 100, Germany 30, US SPX 500, Wall Street 30, Europe 50, France 40, US Tech 100, Japan 225 and Australia 200.

    Metals & Energies

    FX Open Broker is a trading platform that allows you to trade precious metals based on gold and silver, as well as energies based on crude oil (WTI, Brent) and natural gas. These instruments are often considered safe havens and used to diversify portfolios.

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Accounts

    FXOpen have accounts designed to meet the needs of traders with different levels of experience and skills. You can choose the account type which is better suited to your trading style, investment, risk and portfolio.

    Micro Account

    The FX Open BROKER micro account is a great choice if you’re looking to start trading with as little capital as possible. The minimum deposit is only $1, and the minimum lot size is 0.1 US cents. You can use this account type to test out new strategies and learn how to use our platform without committing too much money—and since there’s no commission charge, it’s easy on your wallet, too!

    STP Account

    FXOpen Broker offers STP trading accounts with real market execution and a starting deposit of just $10.

    This is a great choice for beginners, but there are also more advanced features available. You can trade with up to 1:1000 leverage and there are no limitations on trading styles. With LMFX you can get up to 1:500 leverage.

    You don’t have to worry about paying any commissions because they’re included in the spread, which is variable depending on the buy and sell orders available in FXOpen’s ECN.

    The minimum lot size is 0.01 and LMFX offer flexible leverage of up to 1:500 for accounts under $25,000.

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    ECN Account

    FXOpen offers three different types of accounts: ECN, STP and DMA. The ECN account is the most popular, offering the best prices, spreads and execution speeds with access to an interbank liquidity pool. I like how an ECN model links different market participants including banks, centralized exchanges, brokers, companies and private investors. FXOpen’s price aggregating technology combines this liquidity to provide the best prices, real variable market spreads from just 0 pips and seamless order execution.

    There is no dealing desk as your order is matched against an opposite order from another ECN participant and therefore there is no conflict of interest with FXOpen. This account has no limitations on trading styles allowing for scalping, news trading, automated high frequency trading (HFT), expert advisors and hedging.

    The minimum deposit required is $100 with a minimum lot size of 0.01. Commissions start from just $1.5 per standard lot with flexible leverage of up to 1:500 offered. This account has the largest selection of trading instruments with over 70+ Forex & CFDs available. However it does require the largest deposit.

     

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    PAMM Accounts

    FXOpen offers PAMM accounts, which allow you to follow the trading strategies of other traders. The master trades their own funds through the PAMM technology, while the PAMM ensures that the trading activity is replicated on your account. Funds are allocated to a PAMM and are segregated so they can’t be used for any purpose other than the PAMM.

    PAMM accounts are beneficial for followers as they can benefit from another trader’s trading without doing the analysis and monitoring themselves. They’re also beneficial for masters as they can trade larger amounts than their own capital and receive a success fee if they’re profitable.

    The website displays a list of all available PAMMs, which can be filtered according to your preferences such as gain, drawdown, and days traded. It is important to emphasize that these results are historical; there is no guarantee of future performance. For those who need managed accounts, Eightcap and ACY Securities are also worth consideration.”

    Demo Accounts

    You can open a demo account to practice your trading on different platforms before opening a real account. I would recommend starting on a demo first before funding a real account with a new broker, because I like to get a feel for the trading conditions to see if they are suitable before making a financial commitment.

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Support

    FXOpen has an excellent reputation with its customers. I have used the broker for several years and have found their customer support to be very good.

    Their online chat and telephone support is available 24/5. You can also submit a ticket through their website or email them directly. This means you can always get in touch with someone if you need help or advice.

    They offer local phone numbers for Russia, New Zealand, Germany, and France so you don’t have to worry about waiting for someone from another country to answer your call if you are based in one of those countries.

    I have always found the staff at FXOpen to be friendly and helpful when answering my questions. They are happy to answer any questions related to FXOpen’s products and services as well as general questions about trading platforms.

    Funding

    FXOpen is a good choice for forex traders looking for a reliable broker that offers great deposit and withdrawal options. FXOpen have a good selection of deposit and withdrawal methods including online payment processors for fast and convenient transactions. Options include bank transfer, credit card, Skrill, Neteller and Bitcoin.

    To add or withdraw funds you just need to login to the FXOpen personal area and choose your desired funding method, amount and account. You are then redirected to the payment gateway selected to complete the transaction.

    Processing time may vary depending on the payment option. I like that most deposits made via electronic payment systems are added instantly as sometimes I need quick access to my funds. On the other hand, bank wire transfers may take 1-3 business days.

    Accounts can be opened in a great selection of currencies including USD, AUD, CHF, EUR, GBP, JPY, RUB, SGD, Gold/mBTC (Bitcoin). The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. Just be aware that fees may be charged when using certain payment methods.

    ➔ Open your free trading account with FXOpen now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Conclusion

    FXOpen is one of the most established and well-known brokers today. They have regulation from some of the most respected authorities, which means I feel secure knowing they are a trustworthy broker. Their advanced price aggregating technology helps to ensure their ECN environment offers you some of the best possible trading conditions including low spreads, fast trade execution speeds. You can trade with minimal hassle on user-friendly platforms and apps, with a decent amount of markets for you to choose from. Overall, I found them to be on par with competitors such as HYCM.

     

    IC Markets & Tickmill

    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
    1. IC Markets
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets
    2. Tickmill
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets

    Pepperstone & Capital.com

    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
    1. PEPPERSTONE
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets
    2. Capital.com
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets

    Top FX & HFM

    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
    1. TOP FX
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets
    2.HFM
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets

    AMarkets & FXTM

    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
    1. AMARKETS
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets
    2.FXTM
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets

     

    wdt_ID # Broker Website Forex Broker Year Regulation
    1 1 Open an Account FBS 2.009 IFSC, CySEC, ASIC, FSCA
    2 2 Open an Account EXNESS 2.008 CySEC, FCA
    3 3 Open an Account OCTA FX 2.008 SVG
    4 4 Open an Account INSTA FOREX 2.007 VI FSC, CySec
    5 5 Open an Account FX OPEN 2.008 CySEC, FCA
    6 6 Open an Account AXI 2.008 CySEC, FCA
    7 7 Open an Account FX PRIMUS 2.008 CySEC, FCA
    8 8 Open an Account HFM 2.010 CySEC, FSC, FSB, FCA, BaFin, DFSA
    9 9 Open an Account FXTM 2.011 CySEC, FCA, IFSC
    10 10 Open an Account JUST FOREX 2.012 IFSC
    11 11 Open an Account CAPITAL.COM 2.016 FCA, FSA, ASIC, and CySec
    12 12 Open an Account TASTY WORKS 2.017 CySEC, FCA
    13 13 Open an Account MOOMOO 2.018 FINRA & SEC, SFC, MAS, ASIC
    14 14 Open an Account AVATRADE 2.006 MiFiD, CBI, FSA, ASIC, SFB, BVI, ADGM, FSRA, CySEC
    15 15 Open an Account EASY MARKETS 2.001 CySEC, MiFID, ASIC
    16 16 Open an Account EIGHT CAP 2.009 ASIC, VFSC
    17 17 Open an Account FP MARKETS 2.007 CySEC, ASIC, FSA
    18 18 Open an Account HYCM 1.977 CySEC, FCA, MiFID, DFSA, SFC
    19 19 Open an Account ICMARKETS 2.007 CySEC, ASIC, FSA
    20 20 Open an Account IRON FX 2.010 FCA, ASIC, FSCA, CySEC
    21 21 Open an Account LITE FINANCE 2.007 CySEC
    22 22 Open an Account REVOLUT 2.015 CySEC
    23 23 Open an Account IG 1.974 ASIC, JFSA, MAS, FINMA, FCA, FMA, CFTC
    24 24 Open an Account MONETA MARKETS 2.009 ASIC, FCA
    25 25 Open an Account AMARKETS 2.007 The Financial Commission
    26 26 Open an Account PEPPERSTONE 2.010 CYSEC, BAFIN, CMA, SCB, DFSA, ASIC, FCA
    27 27 Open an Account PLUS 500 2.008 CySEC, ASIC, FMA, FSCA
    28 28 Open an Account TICKMILL 2.014 FCA UK, CySEC, FSA Seychelles
    29 29 Open an Account TMGM 2.013 ASIC, FMA
    30 30 Open an Account TOP FX 2.010 FCA
    31 31 Open an Account TRADE NATION 2.014 FCA
    32 32 Open an Account TRADE 360 2.013 CySEC
    33 33 Open an Account VANTAGE 2.009 CIMA, SIBL
    34 34 Open an Account VT MARKETS 2.015 ASIC, CIMA
    35 35 Open an Account XM 2.009 ASIC, CySEC, IFSC
    # Broker Website Forex Broker Year Regulation