FX Open
Forex Broker
FXOpen:
Advantages:
* MetaTrader 4 Forex broker
* Traders contests and competitions
* Bonus for real trader account opening
* Muslim Forex broker - no-overnight interest accounts
* WebMoney funds deposit/withdraw option
* Futures trading is available
* Start trading with as little as $1
Disadvantages:
* No important disadvantages
Click here to open an account with FXOpen
or click the comments below to see reviews Reviews:
User reviews of FXOpen are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts. You also can submit your commen
1 comments:
Reviews:
User reviews of FXOpen are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts.
Reviews:
User reviews of FXOpen are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts.
Abdullah from Abu Dhabi 03/27/2009
I'm using fxopen for 6 months. After I spoke to the manager in Cairo I was happy to trade with them. They have been good to me.
daniel from why 03/24/2009
what is wrong with ur system peopele are complaining,i am scared i can trade with u guys
Alfred from USA 03/02/2009
There are many brokers in market so when I entered the market I started with Oanda, the most popular broker in the USA. Making good money trading
with Oanda I thought to open one more account with some other broker with metatrader 4 software.
One of my friends suggested me of FXopen. When I searched on the internet about this broker I found that it has many clients already
and their services are quite good. Now I am trading with both of the brokers.
Carl from USA 02/23/2009
I think they pretty much honnest.Non US regulation makes them more flexible.
Vitalijus from Lithuania 02/19/2009
It was server down but they do all good and compensated me even more then I expected.
dalia123 from egyp[t 02/17/2009
it is good
ETEOBONG EKPUK from NIGERIA 02/05/2009
FOR NOW FXOPEN IS A VERY NICE MT4 PLATFORM,MY FRIEND I INTRODUCED HE HAS MAKE UP TO $139,000 JUST 1 WK TRADING BUT PRESENTLY HE CANNOT ACCESS HIS ACCOUNT THOUGH THEY ARE WORK TOWARD IT.I RECOMMEND FXOPEN.
edo from indonesia 02/04/2009
i dont know why everytime i check a review about some broker they all have a good review, a bad review, and very bad review..its just confusing.
i read fxclearing review, fxopen review, fxpro and many more broker, the weird thing is there's some people that always made a very bad review to all this broker, made me wonder what broker did he use? is he really a trader?
so i decided to put some of my money, deposit them, played them to all this bad reviewed broker and the funny thing is..they are all ok, no bad thing happens so far really..
Joseph from Nigeria 02/03/2009
i agree very much with u Gilberto.
i transferred 200 USD to my forex account , just as a test. this was done since 15th Jan. Till today, it has not reflected on my trading account. i have tried calling fxopen but each time the lady says she cannot hear me then the line cuts. risks are inevitable for acieving good investments, i am not even bothering myself to try and get the money back, after all it will be very easy for their receiving bank to send the funds back to my bank but THEY HAVE NOT.i have moved on to a more trust worthy trading company. my advice to new investors is, criticise the companies before investing. E.g for these guys, they will OPEN AN ACCOUNT EASILY AND QUICKLY FOR YOU, ALLOW YOU TO FUND THE ACCOUNT IF YOU LIKE, BEFORE IT GETS VERIFIED. Some others will open the account after verification.So,think that through
sunday gabby from london 02/03/2009
am trying to fund my account since,pls can u tell me the easy way to fund my account,my friends have been using this brooker,is very good.
Matthew from Brazil 01/26/2009
Gilberto, I had been thinking about opening an account with FX Open until reading all these negative reviews here. Your review just put the icing on the cake for me I will look elsewhere for a reputable broker. Gilberto, please email me, as I am in Brazil also. Thanks. bwhllc@gmail.com
Gilberto C. from Brazil 01/22/2009
I do not recommend this Broker. It is easy to open one account, they are fast to respond e-mails but just it.
Since 15 days ago I have transfer more funds to my account but until now no funds in my account.They respond quick all E-mails, but no one know about my money, just disappear!!!.
ISIAKA KABIRU from NIGERIA 01/18/2009
Well, I have read all the reviews about this reputable organization. I just pray that with all these issues i have read, I will try to open a mini account with FX open and i will fund it will $100 and see what will happen.
Valdas from Lietuva 01/12/2009
I found this broker on forex-tsd forum.They are professional in problems solving and also they have good website with free analysis which is usefull for me.I think it is nice broker for green traders like me because they support micro accounts and have very fast financial services system so no need to wait weeks to start trading or deposit.
Abhay from India 01/10/2009
I very satisfied with Fxopen.My EA work fine with them and make some money.
Jaque from Australia 01/07/2009
It is a strong based company.I think one of the best retail brokers in the busines at this moment.
Jay Jay from Hong Kong 12/28/2008
We have a group of friends and we use FXopen for a year time.We think FXopen is good.
Leonid from Russian Federation 12/22/2008
Guys are really good.Recently I face many problems with our local brokers like Liteforex or Admiral which do stop hunting and I decide to try those guys because heard a lot of them.They have much better spreads and suitable server speed which is about 2 to 5 seconds for average 8 lots trades which is a good result.
adewale ayotunde from nigeria 12/20/2008
fxopen is nothing but fraud.you never make profits with them.They manipulate their server to make you loose all your money.REAL FRAUDSTERS!
Aaron Cohn from United States 12/13/2008
Five minutes to "open" an account. Forever, MULTIPLE emails & much aggravation in the vain hope of getting them to verify the documents you post to verify nationality/identity. I never could completly open & fund an account.
This forex broker is awful.
mouhongbo from china 11/20/2008
very good fxopen, use $1000 earn more than 100k. withdraw 20k per time, process very fast. support you
zino from Nigeria 11/19/2008
I am n intending user of the flatform, I want some form nigeria who has a live account to confidently tell me that this guys are good. I am really tired of looking brokers, You can also give me an email if you care. zinojohn@yahoo.com
Zino
NIGERIA
FXOpen MY from MY 11/16/2008
Dear AGEDAH ALEX from NIGERIA,
This field is not necessary to be filled.
AGEDAH ALEX from NIGERIA 11/08/2008
Please can any Nigerian tell me if i submit a withdral form via wire transfer,without filling ''Account in correspondent bank''.Will it still be accepted?
Izaque from Brazil 11/06/2008
These statements are false. Please do not believe in these commentaries. The brokerage hangs very much. Do not say I did not warn you.
Leo from Manila,Philippines 11/06/2008
I open 3 accounts with this broker all of them deposit and got bonus.I deposit each 100 dollars. One account I lost and two accounts make profit together 360 dollars. They pay me my profit within 2 hours. I think they have good services and if it will be so good for some more months I will invest bigger amounts.
Keno from Korea 11/04/2008
This is number one broker for me.
Keno forex trader.
Krisi P. from Poland 10/28/2008
I am agent of FXopen almost a year and I have about 30 clients which I in contact with. Some of them lose and some win.Some of my traders have turnover for deposit and withdraw over $100K and do not face any problems.I also do not have any problems by withdrawing my comisions every 2 weeks.
Krisi from Poland.
FXOpen from MY 10/28/2008
Dear polohot from Thailand, thanks that you didn't write that FXOpen "steal" all deposits this is a progress as I see. Just to inform you I need to say that most of new accounts are Standard (not Micro like you think) simply because Standard conditions are bit better. And any user made ANY profit can withdrawal it just by reglament during 2 working days. And YES, we do not allow using of spike catching softwares as it is written in customer's agreement. So please do not use such "loud" posts which are not based on any facts. Thank you.
danny from NIGIZY, there was 12 minutes server down time last Friday and if you faced some loses during it just contact finance@fxopen.com so they will check and fix your balance if needed. I want to explain that currently we have over 40000 funded accounts and if our server will be down for atleast 1 minute (because you think we cut it when someone make profit) than we will face to many complains.
Babajide from Nigeria, FXOpen website have LiveChat option and our supporters happy to help you!If you face any problems with our website just contact us and we will solve it.The website works fine, all services are available and I do not know why you can not log to MyFXOpen area, but want to help you to solve this problem as soon as possible. Just contact us and we will find quick solution.
Best regards, FXOpen MY.
polohot from Thailand 10/27/2008
Hello,
I'm one of the trader using this broker from thailand.
Well,as I've seen
This broker will only pays for small deposit and winning on micro account
this is true
I've never seen any post on the internet made more than $1000 profit and be able to withdrawal
this is how they work
-for small account (micro)
They will always pays for small profit made by the user, just to make the user sastified for the service and feel confidense to deposit more money in their account
-for standard account (macro)
They will ley you deposit as much as you want, most of the user comes form micro account that sastified with their service. will be ended with in two types
1.account loses all deposit by user trade
2.account profit ALOT from manual trade or very good EA
""""""""""""""""""
------for the secound situation, they will take the profit you've made and give you back just the amount you've deposit.
""""""""""""""""""
I would advise you to make profit of small amount in one account, this is good for someone's have real good EA to attach. Cause you could generate multiple accounts ANDDDDD ALWAYS REMEMBER to deposit when ever you can
and with SMALL amount.
And for someone that could deposit more than $1000 please tell me how can you do that.
Last thing is
if you think it's too hard or complicated
just change the broker ^^ ~~~~~~
You alway have alot of choice.
danny from NIGIZY 10/26/2008
to brokers
must you guys always win?when a trade goes against your clients you are quick to show him his losses but when a trade goes in his favour you cut out the server so that price can retrtace to your favour. this is an unholly act and ou guys must change .fx open is number one in this act.
Babajide from Nigeria 10/24/2008
I have been trying to upload my proof of address and proof of identity all this while but to no avail,it has been on pending for over two weeks now, i tried to open my fxopen yesterday and all I heard is sorry for the inconvenience and they know there is no way i can withdraw without the verification of my account.
shola from lagos nigeria 10/21/2008
this broker to me are very good because they have a fixed spread despite volatile movement of the market.i recommend them to any trader that want to start little and grow bigger.
Timo from Finland 10/21/2008
This is scam. There is no address mentioned at the web pages.
Fedak from Kiev 10/21/2008
Good broker.We can try all expert advisors and no restrictions.
mouhongbo from China 10/16/2008
I have used fxopen fore more than 1 year, I recommend it to the traders, very good broker. Fast support and deposit and withdraw.
sandy sandy from nigeria 10/07/2008
i dont think this broker is bad. the only problem i am having with them is that whenever there is a violaile moves in the market will not be able to close or open trade. fxopen why is this so? try and do somthing about this to add more beauty to your services. i like you and i love you with your simplicity. keep on keeping on..........
Isiaka Abidoye from Nigeria 10/04/2008
FXOpen is one of the best Brokers among others, any one talking against them is bias, and perhaps he or she is being used to tanish the image of this reputable and excellent brokerage firm.
What else do they want? excellent customer support, prompt execution, low spread just to mention but few.
Please, let\'s fear God when damaging image of innocent and genuine company like FXOpen.
FXOpen I rate you 5 STAR continue your best financial services to mankind.
Nadeem from Mauritius 10/04/2008
I strongly disagree with all those who are giving a negative view on fxopen... I have been trading with fxopen since last year... Have not had a single trouble.. I have more than one real accounts with them...
For the support, you can get them on skype or directly on their forum.. Fxopen is one of the best broker around...
JIDE from Lagos-Nigeria 09/25/2008
Traders all over the world, please it is high time we tried to commend our brokers when they do something good it is highly disheartening that no trader has came to this review or other review sites to commend this broker for reducing the spread for holders of micro account in their company, now holders of micro accounts have the same operating ground with those operatin standard account, fxopen,I give kudos to you. You are blessed in Jesus name.
JOSH from NIGERIA 09/24/2008
HI
I OPEND A TRADE USD/JPY ,I SET A STOP LOSS AND TAKE PROFIT .WHEN THE PRICE CAME DOWN TO MY STOP LOSS THEY CLOSED MY TRADE AT 3 PIPS BEFORE MY S/L WHY? THE PRICE DID NOT GET TO MY STOPLOSS POINT AND STILL THEY TOOK 2 PIPS OF THRIR BROKERS SPREAD(CHARGE) WHEN I ENTERED. I AM NOT HAPPY WITH THIS .
Babajide from Lagos-Nigeria 09/22/2008
I think this broker is good but there support is zero, their staff at their support knows virtually nothing about forex, and I dont know the reason why they put mastercard option on their site when they dont accept it
mohamad kadir from brunei 09/21/2008
hello, i was just curious why is it everytime i tried to enter the fxopen forum the service is unavailable? and even the live chat are'nt available?
Mustapha Abubakar from Nigeria 09/19/2008
Hello there, I am a muslim and I am fasting right now, so I am not lying. I wired $100 to fxopen and in two days time my account was credited including bonus, right now I am trading live with them. I think they are not scam.
Ladapo Sunday from Nigeria 09/19/2008
l am using a demo account with Fxopen.l was surprise that the broker refused to take my trade of .1 to .5 lot sizes.The comment was INVALID VOLUME.When l thereafter used 1 lot size it accepted it.
Secondly,l opened a trade with a take profit and S/L .l tried to close the trade with current T/P,it refused .After several attempts l gave up.lt finally ended up in a loss.
The above scenarios freightened me and erased my previous impression that FXopen is out to do clean business with subscibers.
FXOpen from LTU 08/24/2008
For Bayo from Nigeria:
Dear Bayo, our phone line is always ready to support you. If you do not receive any answer via e-mail please check if you use YAHOO mailing agent (it can make some troubles transporting emails to our server) or just contact directly our LiveChat located on our website which is available 24/5 from Monday to Friday, over 20 supporters will be glad to help you in different languages.
P.S. we do not propose you to use YM as contact method as it has high risk of viruses and fraudulent activity.
Bayo from Nigeria 08/21/2008
It is like Fxopen have more than suppossed clients and I guessed that is why they do not have time for their client;
Phone contact-- zero
e mail --- delayed or no response
y! messenger --- no response/virus sending
it seems they are scammers
kirkley from barbados 08/08/2008
i have always found these people to be fast in there response to me by email. fast with my deposit. i was glad to see the and read the negetive thing about them. Now i am convince that they are real.
Mohammed Sikdar from USA 07/16/2008
Hello all,
I've read so many reviews to choose a broker and I did not find even a single one with out bad and some good comment. The fact is all brokers want to avoid scalpers.So trade yourself and gain experience. I'm going to open an account to taste all above comment.
Thank you.
P,S- "you can have everything in your life,if you
can help enough other people to get what they
wants " http:// www.ms2008.ws
FXOpen from LTU 07/06/2008
Dear mayank sharma from india,
We have opened a thread at our forum with the link to earnforex.com website http://forum.fxopen.com/showthread.php?t=16511 so each of our forum users can make a post here (positive or negative). Whats the conclusion? FXopen have many Clients.
uciyaya from malaysia 07/05/2008
i loved this broker so much.ive been 1year with the.if i got any problem they solve my problem.thnaks
Alain from Canada 07/04/2008
Well, I've read lots of review here, but not sure either true or not. I want to open a 1$ dollar account and test out.
mayank sharma from india 07/03/2008
search online for any broker. ull find people saying good nd bad things, but normally not many people say -THANK YOU BROKER. its just normal mentality. just imagine ur self writing a review nd imagine how its gonna be.
now just look above on the page- ull see many thank u's.
whats the conclusion - FXopen writes its own reviws or gets them written. it has to be a scam!
FXOpen from Lithuania 05/21/2008
Hello Enki,
fxopen.info is a project made by our ex-partners which have no any other ideas just to make "black" piar against FXOpen, which is one of the most fast growing companies on the market. This is busines...
Enki from Canada 05/10/2008
Hi Everybody...
Here is a horror story about this broker
www.fxopen.info
FXOpen Representative from BLR 04/28/2008
Hello cynthia grasvik from usa, you can contact FXOpen Manager direct by using SKYPE: fxegypt.com , be sure that FXOpen is not interested to take your money at all.
Regards.
Bob Gever from Concord NH USA 03/30/2008
Any company not telling you there owners name and phyical addrees is not to be trusted!!!
balldrick from Earth 03/26/2008
Do not enter into any dialogue with these people.They are professional liars and will just twist it all around and make it look like your fault.They are a scam #1 scam they were never a broker the money you see in your account is not real they have kept and spent your money as soon as you sent it to them.Anyone rating them as good are either affiliate customers trying to get you to sign up or it is them.SCAM STAY AWAY 100%
Jesse from USA 02/10/2008
this guys really good. I recomend to everyone. I got 100% during the news time on Friday and in 2 hours my profit was at my e-bullion account! WOW!
fxopen the best!
John Nondas from USA 02/02/2008
I'am using this broker in addition to my main(GFT) as they allow using EA. Very good broker for teting any strategies. WIthdrawal- no problem even fater then in GFT.
Javen from Singapore 01/29/2008
This company is a scam company.
after the Non Farm payroll news JAN08, i started trading and had incur losses.
after few hours later, there was a CAD news,
i have make a profit of $2640USD using 4 lots on that trade.
It was my only winning trade.
When i was happy that i have recover all my losses + profits.
i wanted to make a withdrawal.
But the TRADE profit became 0.
and i ask the online help,
they just divert me to finance@ fxopen etc
and i did not even receive any respond or explanation at all.. and i had email them several times.
i try going online through the online help but no USE.
Calling them but to no avail.
once they hear your acc no., they will say they cant hear properly and hang up.
What sort of services is this??
Loses i paid...
then my Winnings THEY TAKE AWAY!!!!!!!
SCAM.
Anyway to bring them down.?
i even have the black and white.
and the statement shows clearly
Ahmad from Malaysia 01/14/2008
Regardless of what people are saying... For me this broker are truly fantastic , I have no problem with this broker , all things are perfect....Thanks... In addition this broker have introduced multiple language option... fxopen (english), fxegypt(arab) , fxmalay(malay) & fxindo(indonesia) ,fxind.com(indonesia) & many more I think.... Thanks, admin...
nik harman hamzi from Malaysia 01/03/2008
hello,
my opinion is fxopen the best broker which i used before. they attracted me by proposing bonus(of course i lost it). but their conditions and execution speed made me to stay with them more. now i tripled my balance:) and this is from september, not bed i think:)
fxopen keep your great work!!!
muhammad irwan from Malaysia 12/28/2007
I have heard from my friends this broker are the best broker but im still in survey to find good and honest broker.But im still not confident with this broker because their website is too simple no address how to contact only juat phone number.This company have many times change their name from Beaverhead to poltek and lastly to belvedre.Is it this company have a licensed and registered?
To lithuana please respond to the last posting by Mohamed Ahmed from egypt.
Ty Amani from USA 12/24/2007
I'm thinking of opening life account with fxopen but...? FX Open Manager from Lithuana please respond to the last posting by Mohamed Ahmed from Egypt.
Mohamed Ahmed from Egypt 11/12/2007
SCAM COMPANY
at 3-10-2007
i traded AUD retail sales news "check attachment"
i made more than 2,000$ profit
next day fxopen email says:
> Hello,
> your account 13654 will be closed permanently. You will be able to
> withdraw your initial deposit form that account.
this is management decision. Your remain money will be processed to
you by the method of your deposit
DAVID BOONE from USA 09/09/2007
Hi all! I was very satisfied when i got 1$ to my new micro account as they promised! And i was satisfied even greater when i got pay out to my e-gold account after i made some profit!
fxopen - respect!
Reynan from Philippines 09/02/2007
Hi Everyone... I highly recommend this broker. I have been trading for quite while and as i tried this broker i found them very reputable. Spreads are tight and never widen even during news time. On fast moving market you will get requote but that is the reality in fx market which simply means that no widening really is happening. SLs and TPs are guaranteed to be executed. If you want instant answers to your questions go contact their online support and you will have the answers. I am managing more than 20k account with them and executing as high as 8 lots on one single transactions but never encountered any problem. if you want any proof you may email me: mark_ethan27@yahoo.com
Jafar Calley from France 08/29/2007
I don't know what Cynthia's problem is. FXOpen has always been good to me in the 5 months I have been with them. My deposits are instant except for the ones by wire which hit my account with a reasonable 3 days delay.
As for Cynthia's claim the broker goes by 5 names, they are all the same broker. Regional partners such as fxfrench.com, fxmalay.com, fxind.com etc.. come with their own support staff for each region which is not such a bad thing.
As for having no emails answered, I find that hard to believe. The support is always there and if you think Cynthia is being truthful, just look on the official fxegypt forum for all the thankyous for the rapid and friendly service. There is even a thank you thread started by one of the traders.
They are not crooks or thieves. They even work out issues in your favour like one time there was a spike(on the old server. They have recently upgraded) on aud/usd that took out my stop loss. 1/2 hour after my email complaining about it, my money was returned to the account, and the position re-established which eventually rode to my take profit target.
In a nutshell, fast service, low spread, fast execution and a good selection of currency pairs and futures to trade makes fxegypt (an FXOpen partner) my choice of broker.
Preet Kanwaljit Singh from India 08/29/2007
Opened an account with USD $17,000 on fxopen in July, I have withdrawn to bank twice already and made about 217% of my initial deposit trading GBPJPY pair so far.
I love this broker, very friendly and very good. Excellent trade execution and best of all I get excellent trades using my own custom indicators.
I strongly recommend this broker to everyone.
FX Open Manager from Lithuana 08/29/2007
Dear cynthia grasvik,
Please provide any evidence about what are you talking about. Also, you can provide your account number and email adress so we can check for your activity ( I am sure that things you are posting never happened).
If you have any "real" problems working with us, please post it and we will try to solve it.
P.S. Hope Admin of the blog will allow my review.
cynthia grasvik from usa 08/22/2007
Being a muslim friendly broker is a joke. This company goes by at least 5 different names. I opened a real account weeks ago and have yet to have my account credited. All e-mails went unanswered. Avoid this crap company at all costs. Crooks and thieves. Rated as a #1 scam.
Cynthia G.
Seattle, Wa
cynthia grasvik from usa 08/22/2007
I opened a real account on 8/10/07 as of 8/21/07 my account has not been credited. I sent 3 e-mails with no response. Open a demo account and you will see no automatic rollovers. Avoid these crooks and thieves. Rated as a scam big time! Again, avoid this piece of shit company.
Cynthia G.
Seattle Wa.
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