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FX Open Broker Review
Last Updated On May 8, 2023
3.07
/ 5
| 🏦 Min. Deposit | USD 5 |
| 🛡️ Regulated By | FCA |
| 💵 Trading Cost | USD 16 |
| ⚖️ Max. Leverage | 500:1 |
| 💹 Copy Trading | Yes |
| 🖥️ Platforms | MT4, MT5 |
| 💱 Instruments | Forex, Metals, Stock CFDs, Cryptocurrencies, Commodities, Indices |
Find an approved Broker
FxScouts does NOT recommend FXOpen due to insufficient regulation.We suggest you continue your search using our approved brokers list.Last Updated On May 8, 2023
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.
Our verdict on FX Open
FxScouts does NOT recommend FX Open due to insufficient regulation. We suggest that you find an alternative regulated broker governed by processes designed to protect your funds.
FX Open offers clients the full MetaTrader suite, ample ways to deposit money on their platform, and a variety of trading account using either STP or ECN execution. Our concern for new traders signing up with this FX Open is the lack of regulation and governmental oversight, and lack of transparency in how they publish their spreads and trading commission.
| 🏦 Min. Deposit | USD 5 |
| 🛡️ Regulated By | FCA |
| 💵 Trading Cost | USD 16 |
| ⚖️ Max. Leverage | 500:1 |
| 💹 Copy Trading | Yes |
| 🖥️ Platforms | MT4, MT5 |
| 💱 Instruments | Forex, Metals, Stock CFDs, Cryptocurrencies, Commodities, Indices |
Overall Summary
Deposit & Withdrawal Methods
Supported Platforms for FX Open
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Deposit & Withdrawal Methods
Supported Platforms for FX Open
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FxScouts does NOT recommend FXOpen due to insufficient regulation.We suggest you continue your search using our approved brokers list.
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