What you can invest in with FXOpen?
FXOpen is an online Forex and CFD broker with MT4 and MT5 trading platforms.
By opening an account with FXOpen, you can invest in 50 currency pairs, CFDs, indices, gold, silver and Cryptocurrencies such as BTC, LTC, EOS, PPC, ETH, DASH and EMC.
FXOpen offers STP (Straight Through Processing) and ECN (Electronic Communication Network) accounts with no restrictions on the platforms.
With FXOpen, you can trade from 0.0 pips spread on many account types and perform any trading strategies including Scalping and HFT (High Frequency Trading).
FXOpen’s Bonus Promotions
FXOpen runs various bonus promotions and also trading contests for all traders.
Here are the promotions that you can participate in with FXOpen.
1. $10 No Deposit Bonus
FXOpen’s $10 Welcome Bonus, or No Deposit Bonus offers 10 USD for free in STP account.
All you need to do is to open a STP account and complete grade 2 verification process, then the 10 USD will be credited into your first STP account opened automatically.
It is the risk-free promotion especially suited for new traders of FXOpen.
2. $1 Welcome Bonus
$1 Welcome Bonus is a “Deposit Bonus” which you can earn only on Micro account.
The bonus will be credited upon your first deposit in your Micro account, and the bonus amount will be available for withdrawal once you trade 100 micro lots in the account.
Micro account offers trading from 100 units (0.1 micro lots) and up to 1:500 high leverage.
3. Cash Back Rebate
FXOpen’s Cash Back Rebate bonus is available for all account types.
Through this promotion, you can earn up to 1,000 USD cash back rebate directly into your “Commissions account”.
The cash back rate is up to 3.6 pips which is the highest rate available in the industry.
All Cash Back Rebate is available for withdrawal immediately.
Who is FXOpen?
FXOpen is an online Forex and CFD broker founded in 2005.
As a multi-licensed brokerage firm, FXOpen provides the investment service for traders from all over the world.
FXOpen’s main advantages include the advanced price aggregating ECN technology.
The ECN technology makes many options possible and provides many merits for online trading.
The raw spread starts from 0.0 pips on both MT4 and MT5 platforms, and the leverage is up to 1:500.
Along with the bonus promotions above, you can find many merits of online trading within FXOpen’s service.
Trading Conditions of FXOpen’s Account Types
FXOpen mainly offers 4 account types for its traders.
Here are the main conditions of the account types.
|Minimum Spread||0.0 pips||0.0 pips||0.0 pips ($1.5 per lot commission)||0.0 pips (0.25% commission)|
|Financial Markets||Currency pairs, Gold and Silver||Currency pairs, Gold and Siver||Currency Pairs and CFDs||43 Cryptocurrency pairs|
|Required Minimum Deposit Amount||1 USD||10 USD||100 USD||10 USD|
For more information about the trading conditions of each account type, please visit FXOpen Official Website.
Depositing and Withdrawing funds to FXOpen MT4 and MT5
FXOpen offers multiple payment methods to ensure that you can deposit in a secure and efficient manner.
To make a transaction just Login to your dashboard and choose your preferred option.
Here are some of the available funding methods with FXOpen.
1. Bank Wire Transfer
FXOpen offers a multi-currency solution to deposit via bank transfer.
You can send funds in GBP, USD, EUR and many other currencies to FXOpen’s segregated client account.
To withdraw by bank transfer Login to your dashboard and enter the desired amount. Funds can only be sent back to their original source.
2. Credit / Debit Cards
The simplest way to deposit funds with FXOpen is to use a credit or debit card.
FXOpen accepts all major cards (Visa, Visa Debit, MasterCard, Maestro and JCB) and successful transactions will be credited to your account instantly.
Credit or debit card withdrawals will be returned back to the original card used to deposit.
Any additional funds or profits will be transferred to your bank account.
Additional documentation may be requested in order to process card withdrawals.
3. Electronic payments
Deposit securely using an E-wallet of your choice, simply enter your Login details, the amount you wish to deposit and funds will instantly appear in your trading account.
Withdrawing by E-Wallet is quick and secure, funds will be returned back to its original source.
4. China UnionPay
China’s most popular processing payment method.
You can deposit securely and quickly if you have a card with the UnionPay logo.