FXOpen – FXOpen.com

About FXOpen
FXOpen has been offering Forex brokerage services since 2005 and is currently one of the most successful and fastest-growing Forex brokers.

Since the very start FXOpen has been true and loyal to its goal - making Forex trading more professional, easy-to-access and secure. FXOpen was founded by a group of traders so everything we do has the traders' interests at its core.

Account Types:
• MICRO – Floating Spreads – No Commissions – Minimum Deposit 1USD
• STP – Tight Spreads – No Commissions – Minimum Deposit 10USD
• ECN – Raw Spreads – Commissions from 1.5 units per lot – Minimum Deposit 100USD
• CRYPTO – Tight Spreads – Commissions 0.25% of transaction volume – Minimum Deposit from 10USD

Platforms:
• Meta Trader 4 – Available for ECN, Crypto, STP and Micro accounts – for PC Desktop, iPhone and Android.
• Meta Trader 5 – Available for ECN accounts – for PC Desktop, iPhone and Android.
• Tick Trader – Available as Web Terminal, Desktop Terminal and Mobile Terminal for Forex, Stocks, Commodities, Indices, and Cryptocurrencies via one trading account.
• Web Trader – Accessible with no download on PC or Mac OS. Compatible with all operating systems, Supports all popular browsers

Trading Instruments:
• FX Spot
• Stocks CFD, Index CFD
• Commodities CFD
• Metals CFD
• Crypto Currencies

Multilingual Live Chat: Our Support Team is available 24/5 via Live Chat, Ticket, E-mail and Phone.

Headquarters: P.O. Box 590, Springates East, Government Road, Charlestown, Nevis.

Other offices: United Kingdom, Australia, New Zealand, Cyprus.

FXOpen Launches Local Bank Transfers in Argentina, Brazil, and Mexico

Dear Clients,

FXOpen is pleased to announce that we've added new methods of depositing funds. Clients from Argentina, Brazil, and Mexico can now carry out transactions via local bank transfers: Rapipago, Boleto Bancário and Oxxo.



Rapipago is an Argentinian prepaid payment method used for online purchases. The system generates a voucher that can be paid offline at one of the 6000+ Rapipago payment locations. Rapipago supports payments between 1200+ companies and their consumers — around 19 million transactions per month. Rapipago’s card, check, and cash-based transactions ultimately collect money on behalf of merchants and utility firms.

OXXO is a chain of convenience stores that offers alternative cash payments in Mexico. Around 71 million Mexicans do not own a bank account, and OXXO allows merchants to tap into this substantial group of online buyers. With more than 16,000 stores across the country, consumers can pay for their online purchases in cash, and merchants have a zero chance of a chargeback.

Boleto Bancário is an official Brazilian payment method regulated by the Central Bank of Brazil. It is a push payment system which was launched in 1993 and today generates 3.7 billion transactions per year. Accounting for around 25% of all online payment transactions, it is a must for doing business in Brazil.

More details:

• Currencies: USD;
• Deposit processing time: instant;
• Minimum deposit: USD 1;
• Maximum deposit: USD 1,800 (Rapipago), USD 500 (Oxxo), USD 3,000 (Boleto Bancário).

The deposit commission is 5%. To celebrate the launch, clients can deposit for free, paying 0% commission.

Withdrawals via Rapipago, OXXO, and Boleto Bancário are coming soon.

Source

Classics without Borders - is a Free Contest with Real Money Prizes

FXOpen broker invites beginners to participate in the Classics without borders Forex contest. Take a great opportunity to show your skills in Forex trading using classical trading tools and get real money prizes! The prize fund of the contest is 1500 USD. Both new users and existing clients who have registered with FXOpen no earlier than January 2020 can take part in the contest. The registration is already open.

Join the Contest

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FXOpen Launches CASHU Payments


Dear Clients,

FXOpen is delighted to announce a new, cutting-edge payment method for our clients, via CASHU. CASHU is a safe and secure online payment method that was established in 2002 by Maktoob.com. It is recognized as the first and the largest in the MENA region, serving nearly 2.3 million consumers with accessible and easy solutions to pay online.

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FXOpen Launches Apple Pay Payments

Dear Clients,

FXOpen is delighted to announce a new deposit method for our clients via Apple Pay.Apple Pay is a safer way to make payments, and it is even easier than using your physical card.When you are making purchases on the web in Safari on your iPhone, iPad, or Mac, you can use Apple Pay without having to create an account or fill out lengthy forms. The payment procedure takes just a touch and is faster and more secure than ever before.



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FXOpen Cashback Program

FXOpen Cashback Program lets traders receive an additional refund for any kind of trades including loss-making. It is easy to get cashback: it is added to your Commission account that is open automatically, with no further actions. The cashback amount is determined in accordance with the total margin used on all client's trading accounts. The program is available for all types of FXOpen trading accounts: ECN, STP, Crypto, Micro, PAMM ECN, PAMM STP.

The 90-day Cashback program lets you receive an additional refund up to $1,000 for your trades. Available for all trading accounts


The advantages of FXOpen Cashback Program

• Cashback amount can reach up to 150% of Standard commission per trade. It is one of the highest refunds among Forex brokers.
• Cashback is fully automated. The funds are credited to the client's Commission account. They can be withdrawn or used for trading right after crediting.
• The program is activated automatically at the time of registration with no additional requests. It is valid throughout the 90 days.

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November 2020 Top 10 PAMM Accounts Overview


Summing up the results of November, we choose to monitor the most attractive PAMM providers for investment. Investors are mostly interested in good returns and low drawdowns. In today’s PAMM review on the eve of the Christmas holidays we will look at profitable PAMM accounts for a moderate portfolio.

By November 2020, there were 172 investment accounts opened in FXOpen and $2’106’389.00 worth of capital invested.

DevidGuetta

This PAMM provider has been demonstrating successful trading for almost the whole of 2020. At the beginning of the fall, the provider behaved conservatively, but in November the monthly profit was +7.31%. It is worth noting that they traded very successfully without significant drawdowns. In November, they traded mainly in cryptocurrencies: LTC/USD, BTC/USD, XRP/USD. The maximum drawdown in November did not exceed 2.51%. It is possible to join the provider with 100 USD or more.

MinRisk

This provider has been trading fairly confidently on FXOpen since July 2016. Since April 2020 they have been trading in profit with minor losses. In November, the profit was 4.56%, in December, the positive trend persists. Deposit load in November did not exceed 7%. The manager chart shows some spikes, indicating the use of averaging on the exit from the drawdown. MinRisk account style can be considered as quite aggressive, but profitable at the same time.

SuperSpeculativ

The provider has been trading at FXOpen for almost a year since December 2019. The year 2020 has turned out quite well for them. Since July, they have been selling at significant drawdowns, bringing in conservative returns every month. As a result, half-year earnings were almost 40%. In November, the income was 6.74%. It should be noted that the manager traded with minimal deposit load, which did not exceed 1.5% in November. It is possible to join the trader with only 100 USD.

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Guess the currency rate and get money!


We are continuing a series of contests among our Facebook subscribers.

This week we will give away $50 to those, who will provide the closest forecast for the AUD/USD pair.

Full Details about the Contest on the FXOpen official page Facebook

Trading Hours Schedule for the 2021 Christmas and New Year Holiday Period


Dear Traders,
Please note the changes in trading session times on Christmas and New Year 2021.


Please consider these changes when planning your trading activities during the festive season.

FXOpen Company News

13 Mistakes Almost Every Trader Makes


Human beings make mistakes, but not every mistake costs money. In the world of Forex, every mistake has a price tag on it. To help you learn more from others’ failures rather than your own, we’ve picked out 13 of the most common mistakes of traders according to forums. Make a good use of this list!

1. The lack of a systematic approach - No matter how godlike your trading style is, you won’t always do well without a cheat sheet. There should always be a plan, the other thing is that your plan can and should be adjusted under changing conditions.
2. Lack of algorithm - Without the algorithm, the risk of losing the deposit increases manifold. A clear algorithm implies a step-by-step sequence of your actions depending on the trading situation.
3. Not placing stop-loss orders - With this approach, the trader is sure to be knocked out of the market sooner or later. The more profit you make in the beginning, the harder the blow will be when you lose it all. A good trader never takes a risk and puts a stop loss where it’s needed.

Read Full on FXOpen Company Blog...