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FXOpen Review 2024 | Are They a Scam? Must watch before start
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FXOpen Review 2024 | Are They a Scam? Must watch before start
FXOpen is an ECN forex broker offering a range of CFD instruments using the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. This review will cover account types, fees, minimum deposits, and more. Find out if you should sign up with FXOpen.
FXOpen Details
FXOpen started as an educational centre offering courses within financial markets. Then in 2005, a group of traders turned the company into a global brokerage with offices in the UK, Russia, New Zealand, and Australia. Today, the broker’s thousands of traders can be found everywhere from Canada and Germany to Vietnam and Nigeria.
The FXOpen group operates under FX Markets Limited, a company registered in Charlestown, Nevis. FXOpen UK is authorised and regulated by the Financial Conduct Authority (FCA). FXOpen Australia is regulated by the Australian Securities and Investments Commission (ASIC).
Trading Platforms
MetaTrader 4
FXOpen was the first broker to offer ECN and STP trading via MetaTrader 4 (MT4), an award-winning platform that boasts instant trade execution at competitive prices.
MT4 is ideal for both beginners and experts and offers a range of customisable features, including:
50+ built-in indicators & graphical objects for technical analysis
Three types of orders (market, limit, and stop)
Intuitive charting package
Automated trading (EAs)
Rich historical data
One-click trading
Trading signals
MT4 is available for download on Windows PCs and can be accessed from the Platforms page on the broker’s website.
FXOpen also offers the web-based version of MT4 – a great option for those with Apple Mac PCs, where a direct download is not available. The WebTrader terminal has all the same features of the desktop version and is compatible with all major desktop browsers.
MetaTrader 5
FXOpen also offers the MetaTrader 5 (MT5) platform, offering all the features of MT4 with several additional benefits:
80+ built-in indicators & graphical objects for technical analysis
21 timeframes to track price movements
Multi-currency strategy tester
Netting & hedging allowed
Economic calendar
Note, cryptocurrency trading is not available on MT5.
MT5 is available for download on Windows PCs and can be accessed from the broker’s website.
TickTrader
For non-UK customers, FXOpen also offers TickTrader, a brand new trading platform offering much of the same features as MetaTrader and more. Using one trading account – TickTrader ECN, the platform is suitable for both beginners and experts.
Key features include:
Advanced technical analysis tools (30+ indicators)
Customisable user-friendly interface
One/double click trading mode
Detailed charting system
Trading alert system
Strategy back tester
Level 2 pricing
#fxopenreview #forexbroker
FXOpen is an ECN forex broker offering a range of CFD instruments using the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. This review will cover account types, fees, minimum deposits, and more. Find out if you should sign up with FXOpen.
FXOpen Details
FXOpen started as an educational centre offering courses within financial markets. Then in 2005, a group of traders turned the company into a global brokerage with offices in the UK, Russia, New Zealand, and Australia. Today, the broker’s thousands of traders can be found everywhere from Canada and Germany to Vietnam and Nigeria.
The FXOpen group operates under FX Markets Limited, a company registered in Charlestown, Nevis. FXOpen UK is authorised and regulated by the Financial Conduct Authority (FCA). FXOpen Australia is regulated by the Australian Securities and Investments Commission (ASIC).
Trading Platforms
MetaTrader 4
FXOpen was the first broker to offer ECN and STP trading via MetaTrader 4 (MT4), an award-winning platform that boasts instant trade execution at competitive prices.
MT4 is ideal for both beginners and experts and offers a range of customisable features, including:
50+ built-in indicators & graphical objects for technical analysis
Three types of orders (market, limit, and stop)
Intuitive charting package
Automated trading (EAs)
Rich historical data
One-click trading
Trading signals
MT4 is available for download on Windows PCs and can be accessed from the Platforms page on the broker’s website.
FXOpen also offers the web-based version of MT4 – a great option for those with Apple Mac PCs, where a direct download is not available. The WebTrader terminal has all the same features of the desktop version and is compatible with all major desktop browsers.
MetaTrader 5
FXOpen also offers the MetaTrader 5 (MT5) platform, offering all the features of MT4 with several additional benefits:
80+ built-in indicators & graphical objects for technical analysis
21 timeframes to track price movements
Multi-currency strategy tester
Netting & hedging allowed
Economic calendar
Note, cryptocurrency trading is not available on MT5.
MT5 is available for download on Windows PCs and can be accessed from the broker’s website.
TickTrader
For non-UK customers, FXOpen also offers TickTrader, a brand new trading platform offering much of the same features as MetaTrader and more. Using one trading account – TickTrader ECN, the platform is suitable for both beginners and experts.
Key features include:
Advanced technical analysis tools (30+ indicators)
Customisable user-friendly interface
One/double click trading mode
Detailed charting system
Trading alert system
Strategy back tester
Level 2 pricing
#fxopenreview #forexbroker
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