

Overview and scores
Score breakdown, from the record published by our research hub
View score breakdown and radar
Overview and scores: Licence and oversight 3.5/5, What you can trade 3.5/5, Desktop and web platform 4.5/5, Trading from a phone 3.5/5
Only categories with a published score are plotted
How we assess brokers
Published scores and facts come from traderpublic's research-hub record. A Checked date records when the cited field source was read; it does not verify a regulatory registration. Sections without published data are omitted. Missing fields in a partly populated section stay marked as not checked.
Source-record highlights
Key points from the published source article
- الوسيط يحمل ترخيص FCA (GB) رقم 579202 بحالة authorised.
- الوسيط يحمل ترخيص CySEC (CY) رقم 194/13 بحالة authorised.
Commissions and fees
General example — not FXOpen's dataWhat the common trading costs mean
- Spread
- The gap between the buy and the sell price; a cost built into the price of every trade.
- Commission
- A separate fee per trade, often charged on accounts with narrower spreads.
- Overnight (swap) fee
- A charge or credit when you hold a position overnight, based on the interest-rate difference of the instrument.
- Deposit, withdrawal and inactivity fees
- Costs outside trading, which may apply when you move money in or out, or when an account sits unused for a long time.
- Comparing total cost
- Add up the spread, commission and swap for the way you actually trade, and compare them on the same instrument and position size at each broker.
Regulation and security
Registration details
| Regulator | Jurisdiction | Licence | Standing | Last verified | Register |
|---|---|---|---|---|---|
| FCA | GB | 579202 | authorised | ١٦ سبتمبر ٢٠٢٦ | Open register |
| CySEC | CY | 194/13 | authorised | ١٦ سبتمبر ٢٠٢٦ | Open register |
Account types
| Account type | Min deposit | Base currencies | Execution |
|---|---|---|---|
| ECN Account Raw/ECN | $100 | USD, AUD, CHF, EUR, GBP, JPY, SGD | ECN |
| Forex Demo Account Demo | Not checked yet | Not checked yet | Not checked yet |
source · read on ٥ أكتوبر ٢٠٢٦
Deposits and withdrawals
source · read on ٥ أكتوبر ٢٠٢٦
Markets and tradable assets
source · read on ٥ أكتوبر ٢٠٢٦
Opening an account
Step by step
source · read on ٥ أكتوبر ٢٠٢٦
General example — not FXOpen's dataSteps you typically go through when opening an account with a broker
- Usually you start by registering with an email address or phone number
- Verify your identity with an ID card or passport
- Confirm your address with a recent document that shows your name and address
- Pick the account type you want
- Deposit through a payment method the broker accepts, then install its trading platform or app
Platforms and tools
Web and desktop
- Supported platforms
- MetaTrader 4, MetaTrader 5, Proprietary web platform, Proprietary desktop platform
- Expert advisors / automated trading
- Yes
- Hedging
- Not checked yet
- Scalping allowed
- Yes
- One-click trading
- Not checked yet
- Price alerts
- Not checked yet
source · read on ٥ أكتوبر ٢٠٢٦
Mobile apps
Mobile app
- App for iPhone (iOS)
- Yes
- App for Android
- Yes
- Biometric login
- Not checked yet
- Price alerts
- Not checked yet
- Deposit/withdraw in the app
- Yes
- Contact support in the app
- Yes
source · read on ٥ أكتوبر ٢٠٢٦
Customer support
Channels our desk found
Live chat
Phone
Support tickets
Help centre
Hours (as the broker states them): 24/5
source · read on ٥ أكتوبر ٢٠٢٦
Contacts
- Address
- Not checked yet
- Oversight (from the Hub record)
- FCA, CySEC
- support@fxopen.com
- Website
- https://fxopen.com/en-gb/
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Open the recordFrequently asked questions
Our desk has not checked this section yet. Real figures, with their source, replace these once it has.
General example — not FXOpen's dataGeneral questions about choosing and using a broker
What does a licence from a regulator mean, and how can I check it?
It means a financial regulator has authorised the firm to offer its services in that regulator's jurisdiction, and the firm has to follow the regulator's rules. To check, search for the firm's name or licence number in the public register on the regulator's own website, and make sure the company name, website domain and licence status all match.
What is the difference between a spread and a commission?
The spread is the gap between the buy and the sell price, a cost built into the price every time you open a position. A commission is a separate fee charged per trade. Some accounts charge only a spread, others a narrower spread plus a commission, so compare the total of both.
What is a demo account for?
A demo account uses virtual money, so you can learn a platform and try out a way of trading without risking real funds. Results can differ from a live account, where slippage, liquidity and emotions come into play.
What should I check before depositing money?
Check the licence on the regulator's register, read the terms for deposit, withdrawal and inactivity fees, find out whether client money is kept separate from the firm's own funds, and keep in mind that leveraged trading can lose money quickly.
How are withdrawals usually verified?
Brokers usually send a withdrawal back to the method used to deposit, into an account in the trading account holder's own name, and may ask for identity documents or proof that the card or bank account is yours before approving it. How long it takes depends on the method and each broker's terms.
Hub record updated ١ نوفمبر ٢٠٢٦ · View source article


