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FXOpen
FXOpen is a globally regulated broker offering ECN trading accounts with raw spreads from 0.0 pips and tiered commissions starting at $1.50 per lot for high-volume traders. With support for MT4, MT5, TickTrader, TradingView, and its proprietary mobile app, offering access to over 700 instruments, FXOpen caters to active traders seeking fast execution and competitive pricing.
| Evaluation | 5.88 |
| Regulations | |
| Minimum Deposit | 100$ |
| Islamic Account | Yes |
| Payment Methods | Bank transfer, Credit Card, Crypto |
| Main Branch | Nevis |
| Demo Account | Yes |
| Trading Platforms | TradingView, TickTrader |
Pros
- FCA and CySEC regulation, both Tier-1
- True ECN execution model with no dealing desk
- Platform flexibility supporting MT4, MT5, TickTrader, and TradingView
- Tiered commission structure good for high-volume traders
- Decent enough asset coverage with over 700 CFDs
- Free VPS for active traders
Cons
- Limited educational content
- Nevis-registered branch carries higher risk
- Complex account types and terminology
- Demo account limitations
- No in-house copy trading platform
- Minimum deposit is a little expensive
- History of regulatory non-compliance
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