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FXOpen - FXOpen.com

Discussion in 'Broker Discussion' started by Andy, Apr 23, 2012.

  1. Andy

    Andy Administrator Staff Member

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    Official discussion thread for FXOpen at Digital Cash Palace.

    - Users can ask questions, make suggestions to improve the service, share stories (no spamming/advertising).
    - Brokers employees may participate in topics by answering questions. Promote and posting announcement.

    Please be honest and fair with the broker being discussed.

    FXOpen reviews and specifications
     
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  3. riddick09

    riddick09

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    I'm not sure how good this forex broker will be. Because based on what I have read in the threads of this forex broker's forum that they have poor service for the customers. Particularly, their bonus from forum and try to withdraw. It is just a rumor but some particularly moderators in the forum says that they got paid.

    Still not able to see any payment proofs that this broker is good at the withdrawal or deposit processes. If someone can prove it then I might participate in the forum and will try to have use this broker.
     
  4. budado

    budado

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    I do agree. Theirs just too many forex broker site now a day that once you heard some bad news you prefer to use a broker site that has clean name. Like for instant instaforex. You can see lots of banners in many ptp forums and their also some of forex forum that dedicated to instaforex only. But I guess fxopen need to prove itself worthy first before it become popular.
     
  5. nikotien

    nikotien

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    I am not sure with this broker. I had a bad experience using this broker. my MT4 account is very slow and often have stalled. so the price will jump. service to customers is also less than satisfactory. Financial problems are also often long to get my account. so I decided not to use this broker in the trade.
     
  6. budado

    budado

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    MT4 is a standard platform so if your mt4 slow in updating then the problem is in your internet connection and has nothing to do with fxopen. Because even if you use other broker mt4 platform the result will be the same. As your using the same platform.
     
    ProTrader likes this.
  7. yudistirarizki

    yudistirarizki

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    It is only 2 days online now and it has only one plan that is paid weekly so absolutely you will not be able to see any payment proof by now.. All are waiting..
     
  8. budado

    budado

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    First of all I joined this site a month ago so in short its more than 2 days as you just posted. Secondly this is not a hyip and what proof of payments are you talking about? Just visit its own forum and you will know that theirs many who already earn in here and this is a forex broker site and you will get paid not weekly.
     
  9. PROPENSITY100

    PROPENSITY100

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    I have used this broker and they have many good features like
    1. Low minimum deposit of 1 $
    2. Great bonuses
    3. Good order execution speed

    They also have a range of demo contest where we can win prized however there is a small entry fee for this contests which may range from 1 $ to 100 $
     
  10. Andi25

    Andi25

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    Instaforex is a good broker for forex beginners and experts, because they are offering demo and real trading account. For discussions and sharing experiences and tips Instaforex have launced a forex discussion forum.
     
  11. Surrealistik

    Surrealistik

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    Instaforex is a borderline scam broker. They were straight up rated as a scam broker on the Forex Peace Army; how could they in any way be considered to have a clean reputation?
     
  12. FXOpen

    FXOpen

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    FXOpen Introduces New Trading Instruments for ECN Accounts

    FXOpen is pleased to announce the launch of Contracts For Difference (CFDs), Oil and Natural Gas offerings for ECN Accounts.


    This new development has expanded the range of financial tools available to our clients with new trading instruments including thirteen CFDs, Oil and Natural Gas markets.

    New trading instruments available with FXOpen:

    • UK 100
    • Germany 30
    • Germany 30 (Mini)
    • US SPX 500
    • US SPX 500 (Mini)
    • Wall Street 30
    • Wall Street 30 (Mini)
    • Europe 50
    • France 40
    • US Tech 100
    • US Tech 100 (Mini)
    • Japan 225
    • Australia 200
    • US Crude
    • UK Brent
    • US Natural Gas
    Now FXOpen clients can trade Forex, Cryptocurrencies, Precious Metals, Oil, Natural Gas and CFDs through the MetaTrader4 platform using the same account. This increased selection of trading options allows our clients to diversify their portfolio and decrease financial risks.

    FXOpen Team


     
  13. FXOpen

    FXOpen

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    FXOpen is pleased to announce a new summer promotion. From June to the end of August, our clients can add funds to their accounts with no extra costs involved. Over the summer, FXOpen will compensate the commissions for transfers charged by payment systems.

    Use the saved funds to try out new trading instruments, including CFDs and commodity products (oil and natural gas). Diversify your portfolio by investing in PAMM. Become a PAMM Master and earn commission for providing your trading strategy, or join PAMM service as a Slave and receive profit without engaging into trading.

    Now you can avoid additional costs and save money for trading or further investment.
    FXOpen offers a variety of payment methods. You can top up your trading accounts with no commission using credit/debit cards (MasterCard, Visa, Visa Electron, Maestro, Discover, JCB). Electronic payment systems available include Neteller, Skrill, Perfect Money, Payza, WebMoney, QiWI Wallet, etc.

    [​IMG]

    FXOpen Customer Service
     
  14. FXOpen

    FXOpen

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    Expected Market Turmoil Increases Trade Risks in EUR pairs

    Dear clients,

    Please be aware of the potential market volatility and increased trade risks due to the ongoing Greece bailout talks in Brussels on Saturday, June 27. The results of the talks might have significant impact on the financial markets, as failure to seal the deal on Saturday would raise the odds of a potential Greek default.

    Increased market volatility is expected starting with the market opening on Monday, June 29, 2015. Please make sure to consider this information when you place your trades and manage your risk. We recommend that you take protective measures, such as reviewing your open positions and leverages. In addition, make sure that you have sufficient funds to avoid margin call in your trading accounts and maintain satisfactory free equity to protect your accounts from market gaps.

    If you have any questions or need our support or assistance, please contact our team. We strongly recommend that you monitor FXOpen updates as well as financial news to ensure that you possess all the necessary information to take any required action.

    FXOpen Customer Service
     
  15. FXOpen

    FXOpen

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    FXOpen is pleased to release a new version of One Click Trading and Level 2 Plugin (OCTL2) for MT4 terminal developed by Soft-FX.

    The new version offers several functional improvements, including support for CFD instruments, enhanced histogram drawing and user interface, as well as some minor bug fixes, improved stability etc.

    What advantages does OCTL2 offer?
    The speed of placing an order can be crucial, especially in volatile markets. Our One Click Trading and Level2 Plugin allows you to place an order at the best available price with a single mouse click, and with up to 1000 levels of market depth you will always know the liquidity available to you for any currency pair.

    Other things you can do with One Click Trading and Level2 Plugin:
    • Place Sell/Buy orders with one click
    • Close orders with one click using different criteria (partially, all, all buy, all sell, all profitable, all losing)
    • Set order volume
    • Set Stop Loss and Take Profit values in pips
    • Place pending orders with one click
    • Cancel pending orders with one click using different criteria (all, limit, stop)
    • View Market Depth (Level 2) with market prices and volumes
    • View Volume-weighted average price (VWAP) based on volume requested
    • View enhanced positions/account info.

    FXOpen Customer Service
     
  16. FXOpen

    FXOpen

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    FXOpen Reduces the Minimum Deposit for ECN Accounts down to USD 100 until August 15, 2015

    In order to let all of its clients benefit from the long-awaited volatility during the usually calmer summer months FXOpen introduces a unique promotion:

    USD 100 minimum deposit on ECN accounts.

    Valid until the 15th of August only!

    [​IMG]
    Try out our ECN with a deposit as low as USD 100 and enjoy all of the following benefits:
    • Ultra-tight spreads
    • Interbank liquidity
    • Fast execution
    • Fully transparent trading environment
    • 1:500 leverage
    • 0.01 minimum lot size
    • Free VPS (minimum monthly turnover – USD 10 Mio)
    • CFDs, currencies and metals tradable from a single MT4 account
    • All trading strategies welcome
    Enjoy your trading at FXOpen ECN!

    FXOpen Customer Service
     
  17. FXOpen

    FXOpen

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    FXOpen is delighted to announce that we are keeping the minimum capital required to open PAMM STP and PAMM ECN accounts at reduced levels. You need to make a deposit of justUSD $200 to open a PAMM STP account and USD $1,000 to set up a PAMM ECN account. After adding the required funds, you can create unlimited Offers and invite other traders to join your PAMM and follow your strategy.

    The advantages of PAMM accounts:

    • FXOpen PAMM Providers can have an unlimited number of Slaves and create multiple Offers with different parameters. PAMM Investors have full control over funding and withdrawing.
    • PAMM Investors (Slaves) can switch from one Offer to another within the same Account thanks to the Offer Migration procedure. Our system of extended analytics includes advanced options such as intraday equity reports with updates every minute.
    • New shorter trading interval of seven days allows Slaves to withdraw their deposit and profits in just a week. After seven days, the Master Fee is calculated and all profits are automatically allocated.


    If you are not a client of FXOpen, in order to open a PAMM Account you need to register first.

    After that to become a PAMM Provider you need to:

    • Open an Investment Account;
    • Deposit the Investment Account in My FXOpen;
    • Open a PAMM Account and create an Offer;
    • Attract Slave account holders and receive rewards for reproduction of your trading strategy.


    Learn more about the PAMM service at pamm.fxopen.com.

    FXOpen Customer Service
    E-mail: [email protected]
     
  18. FXOpen

    FXOpen

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    New opportunities for Forex Investors

    Since the launch of FXOpen PAMM service in 2009, we have been consistently improving it to ensure stable, profitable and secure environment for PAMM account owners and their Investors. FXOpen has recently reduced the minimum capital for PAMM Masters (traders who provide PAMM Offers to Investors). Now we would like to offer Investors some useful tips on how to subscribe to copy trading from PAMM Master accounts.

    Investors (referred to as “Slaves” in PAMM terminology) can join multiple offers from different Masters. FXOpen provides PAMM account rating to help you make the investment decision. There you will see a list of all PAMM Master accounts with their key financial parameters, including total gain and maximum drawdown. To be even more meticulous, just click on the name of any PAMM account and view charts detailing every trade made in that account.

    Slaves can switch from one Offer to another within the same PAMM account using the Offer Migration procedure. Our system of extended analytics also includes advanced options such as intraday equity reports with real-time updates.

    A new shorter trading interval of seven days allows Slaves to withdraw their deposit and profits in just a week. After seven days the Master Fee is calculated and all profits are automatically allocated to the Master and the Slaves in proportion to their shares in the PAMM account.

    PAMM Investors have full control over funding and withdrawing.

    To join a PAMM as a Slave you need to:

    If you are not an FXOpen client yet, register with FXOpen before opening an Investment account.
    Learn more about PAMM service in the How It Works section.

    FXOpen Customer Service
    E-mail: [email protected]
     
  19. FXOpen

    FXOpen

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    FXOpen UK Launches CFDs On Global Index and Energy Markets

    FXOpen UK is pleased to announce the launch of its CFD markets allowing traders to take positions on the FX, Global Index, Oil and Energy markets all from one account.
    The new CFD markets are traded via clients existing MT4 ECN accounts with all the benefits that the ECN model offers including:
    • Tight floating spreads from 0 pips
    • Fast ECN execution
    • Low margin requirements from 1%
    • No Dealing Desk, No conflict of Interest
    Full details of the new CFD markets and their specifications can be found here.

    Best of Luck with your Trading,
    The FXOpen UK Team
     
  20. FXOpen

    FXOpen

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    Commission Free Deposits until the end of the Year

    With the festive season here and Christmas fast approaching, FXOpen is delighted to join in the festive spirit by offering plenty of gifts to our clients.

    This year from 1st December 2015, we are pleased to offer all our clients free deposits for the rest of the year! Payment processors typically charge between 0.5% and 3% for deposit transactions, but this December FXOpen will pay this fee for you so you can trade with 100% of your capital.

    To take advantage of this fantastic gift, simply deposit via an electronic payment system such as Skrillor Neteller or FasaPay, or use a credit or debit card, such as MasterCard, Visa, Visa Electron, Maestro, ChinaUnionPay, Discover, JCB and many others.

    [​IMG]

    We understand that some clients prefer to deposit via a wire transfer so we have a gift for you too! If you make a deposit by wire transfer in December 2015, you can also have one withdrawal absolutely free as FXOpen will pay the fee for you.

    This promotion only last until 31st December 2015 so make your deposit today!

    So why not take advantage of FXOpen’s first class service:
    • Trading accounts to suit every level of experience and investment – ECN, STP, Crypto, Micro
    • The tightest spreads in the industry from 0 pips
    • The lowest commissions across the industry starting ay 1.8 units of base currency per lot
    • STP accounts with a $10 no-deposit bonus
    • ECN account commissions from only $1.80 per lot
    • PAMM accounts with only a $200 minimum deposit
    • Guaranteed safe deposits and withdrawals of your funds
    • 80+ trading instruments including currencies, indexes, precious metals, crude oil, gas
    • Leverage up to 1:500
    • All type of trading strategies accepted, HFT algo-trading included
    • 24/5 live chat. E-mail and telephone support
    • Segregated bank accounts
    • Offices in London. Sydney, Auckland, Moscow
    • 10+ years’ experience in FX brokerage services
    Find out more
     
  21. FXOpen

    FXOpen

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    FXOpen ECN accounts: everyone can afford it!

    Dear clients,

    FXOpen has made some exciting changes to our ECN trading terms.

    Firstly, we have reduced the minimum initial deposit from 1,000 USD (or currency equivalent) to only 100 USD.

    [​IMG]

    Secondly, we have introduced a new way for calculating the commission charged per trade. The commission rate will now depend on the account equity and the monthly trading volume. The commission rate can therefore decrease or increase from month to month depending on the traded volume in USD terms for previous period and also the account balance at the recalculation time.

    For more information see detailed commission rates.

    The changes outlined above will come into effect on December 14, 2015.

    Thank you for your continued support and wish you every success with your trading in the future.

    Open an ECN Account

    Source