A solid ECN broker for experienced traders, but regulatory standing requires caution.
FXOpen INT is best suited for experienced traders who prioritize raw spreads and ECN execution. Its strongest advantage is the competitive pricing structure across various ECN account tiers. The main compromise is the lack of top-tier regulatory oversight for the specific FXOpen Markets Limited entity. We recommend FXOpen INT for traders comfortable with offshore regulation and who value low trading costs.
| Regulation | FCA (579202), CySEC (194/13) |
| Founded | 2005 |
| Headquarters | Nevis |
| Minimum Deposit | $1 |
| Maximum Leverage | 1:500 |
| US Clients | Not accepted |
| EUR/USD Spread | from 0.0 pips + commission |
| Trading Platforms | TickTrader, MT4, MT5 |
| Instruments | 700+ markets |
| Deposit Methods | Cards, Crypto, Wire, E-wallets |
| Withdrawal Time | 1 business day |
| Customer Support | Contact page, Help Centre, Forum |
| Website | fxopen.com |
Capital at risk. CFD trading involves significant risk. This may be an affiliate link.
Our Full Rating Breakdown
Our rating system evaluates brokers across several key categories, including regulatory oversight, trading costs, platform features, available instruments, and funding options. We assign scores based on verified data and industry benchmarks to provide a clear, objective assessment for traders.
Is FXOpen INT Regulated & Safe?
FXOpen Markets Limited, operating as FXOpen INT, is headquartered in Nevis and does not appear to hold a direct regulatory license from a recognized financial authority based on our research. While it is a part of the broader FXOpen group, which includes entities regulated by the FCA (UK) and CySEC (EU), traders with FXOpen INT fall under the Nevis entity. This entity does offer a compensation scheme through The Financial Commission, rated ‘Red tier’, but lacks the robust client protections typically found with Tier-1 regulators.
- Regulator
- FCA, CySEC
- License Number
- FCA (579202), CySEC (194/13)
- Tier
- Tier-1
- Client Fund Segregation
- Yes
- Compensation Scheme
- The Financial Commission
- Negative Balance Protection
- Yes
- Founded
- 2005
- Headquarters
- Nevis
The Australian Securities & Investments Commission (ASIC) cancelled the AFS license of FXOpen AU Pty Ltd in September 2024 due to "serious concerns" regarding its capacity to supervise financial services. Additionally, the FCA has issued warnings about clone firms using FXOpen Ltd's details, highlighting the importance of verifying the legitimacy of any broker you engage with.
Always verify the specific entity you are trading with and its regulatory status, especially when a broker operates multiple entities under different jurisdictions.
FXOpen INT does not accept clients from the United States.
Fees, Spreads & Commissions
FXOpen INT operates with a competitive ECN pricing model, offering raw spreads from 0.0 pips combined with a tiered commission structure. This approach can be very cost-effective for active traders, as commissions decrease with higher trading volumes and account balances. While the spreads are generally tight, traders should factor in the commission per lot, which is standard for ECN brokers.
| Instrument | Elite ECN Account ℹ | Basic ECN Account ℹ |
|---|---|---|
| EUR/USD | 0.0 pips + $3/lot | 0.0 pips + $7/lot |
| GBP/USD | 0.0 pips + $3/lot | 0.0 pips + $7/lot |
| USD/JPY | 0.0 pips + $3/lot | 0.0 pips + $7/lot |
| Gold XAUUSD | From 0.0 pips + 0.0018% commission | From 0.0 pips + 0.005% commission |
| Oil USOIL | From 0.0 pips + 0.0018% commission | From 0.0 pips + 0.005% commission |
FXOpen INT clearly outlines its commission structure, with rates decreasing as your account balance grows, which is a transparent approach.
Swap fees apply for overnight positions on non-Islamic accounts, reflecting standard market practice.
Account Types Explained
FXOpen INT offers a range of account types designed to suit different trading styles and capital levels, from micro accounts for beginners to advanced ECN accounts for high-volume traders. The key differentiators lie in the minimum deposit requirements and the associated commission structures. Opening an account is a straightforward process, with options for both live and demo trading.
- Low minimum deposit of $1
- Suitable for new traders
- High leverage up to 1:500
- Raw spreads from 0.0 pips
- ECN execution for transparency
- Access to 700+ markets
- Lower commission for higher deposits
- Full ECN market access
- Suitable for active traders
Account Comparison
| Feature | Micro Account | Standard ECN | Classic ECN Account |
|---|---|---|---|
| Min Deposit | $1 | $100 | $1000 |
| Spread From | From 0.0 pips | 0.0 pips | 0.0 pips |
| Commission | $0 | $3.50 per side (under $1k) | $2.50 per side ($1k-$25k) |
| Max Leverage | 1:500 | 1:500 (up to $25k) | 1:500 (up to $25k) |
| Instruments | Forex, Metals | Forex, Metals, Indices, Commodities, Crypto, Shares, ETFs | Forex, Metals, Indices, Commodities, Crypto, Shares, ETFs |
| Account Currency | USD, EUR, GBP, AUD, JPY, CHF, RUB | USD, EUR, GBP, AUD, JPY, CHF, RUB | USD, EUR, GBP, AUD, JPY, CHF, RUB |
FXOpen INT offers Islamic (swap-free) accounts for traders who require them, which is a valuable option for adhering to Sharia law.
Trading Platforms & Tools
FXOpen INT provides a strong selection of trading platforms, catering to various trader preferences. You can choose between their proprietary TickTrader platform, known for its advanced features, and the widely popular MetaTrader 4 and MetaTrader 5. This variety ensures good connectivity and access to robust tools, suitable for both manual and automated trading strategies.
Platform Feature Comparison
| Feature | TickTrader | MetaTrader 5 | MetaTrader 4 |
|---|---|---|---|
| Platform Type | Desktop, Web, Mobile | Desktop, Web, Mobile | Desktop, Web, Mobile |
| Expert Advisors | All types welcomed | Supported | Supported |
| Copy Trading | No | No | No |
| Chart Types | Advanced | Multiple | Multiple |
| One-Click Trading | No | Yes | Yes |
Deposits & Withdrawals
FXOpen INT offers a broad array of deposit and withdrawal methods, including e-wallets, bank cards, cryptocurrencies, and wire transfers. Many e-currency deposits are processed instantly, while withdrawals typically take one business day. While the minimum deposit is low, some methods incur fees, and the minimum withdrawal amount is not explicitly disclosed in our research.
| Payment Method | Deposit Speed | Withdrawal Speed | Broker Fee |
|---|---|---|---|
| Paypaid (THB) | Instant | 24 hours | 2% |
| Volet (USD, EUR) | Instant | 24 hours | 0.5% |
| Bank Cards | Up to 1 hour | 24 hours | Varies |
| Cryptocurrencies | Up to 1 hour | 24 hours | Varies |
| Wire Transfer | 3-5 working days | 3 working days | Varies |
Always check the 'MyFXOpen' area for the most current information on deposit and withdrawal fees, as these can vary by method and region.
Education, Research & Analysis
FXOpen INT provides a decent set of research and analytical tools, including an economic calendar and news analysis, which are standard offerings. While it offers some foundational knowledge on ECN and CFD trading, its educational content is more geared towards practical tools rather than comprehensive learning courses. Compared to some competitors, the dedicated educational resources are basic, but the trading platforms themselves offer extensive technical analysis capabilities.
FXOpen INT offers solid research tools and platform-based analysis, making it suitable for traders who prefer self-directed learning and technical analysis. However, those seeking structured educational courses might find the offerings basic.
Frequently Asked Questions
Is FXOpen INT a regulated broker and is it safe for trading?
FXOpen INT, operated by FXOpen Markets Limited, is based in Nevis and does not hold a direct regulatory license from a recognized financial authority. While it is part of a group with FCA and CySEC regulated entities, FXOpen INT itself relies on a compensation scheme from The Financial Commission. This means it offers fewer client protections compared to brokers with Tier-1 regulation.
What is the minimum deposit required to open an account with FXOpen INT?
The minimum deposit to open a Micro Account with FXOpen INT is $1. For an ECN Account, the minimum deposit is $100. Other account types like Classic ECN require a $1000 minimum deposit, catering to different capital levels.
What are the typical spreads and commissions offered by FXOpen INT?
FXOpen INT offers raw spreads starting from 0.0 pips on its ECN accounts. Commissions for Forex ECN trading are tiered, ranging from $3.50 per side for accounts under $1,000 down to $1.50 per side for accounts over $250,000. This structure can result in very competitive overall trading costs for active traders.
What is the maximum leverage available for trading with FXOpen INT?
FXOpen INT provides a maximum leverage of 1:500 for ECN accounts with balances up to $25,000 and for Micro Accounts. Leverage decreases for larger account balances, for example, to 1:200 for accounts between $25,000 and $100,000, and 1:100 for balances up to $1,000,000.
Which trading platforms does FXOpen INT offer to its clients?
FXOpen INT offers a selection of popular trading platforms, including its proprietary TickTrader platform, MetaTrader 5 (MT5), and MetaTrader 4 (MT4). These platforms are available across desktop, web, iOS, and Android devices, supporting various trading styles and Expert Advisors.
How long do withdrawals take and are there any fees with FXOpen INT?
Withdrawal requests with FXOpen INT are typically processed within 24 hours for electronic payment systems, bank cards, and cryptocurrencies. Wire transfers may take longer, usually around 3 working days for FXOpen UK clients. Some deposit and withdrawal methods, such as Paypaid and Volet, incur fees, which should be checked in the MyFXOpen area.
Does FXOpen INT provide Islamic (swap-free) accounts for traders?
Yes, FXOpen INT offers Islamic accounts, also known as swap-free accounts. These accounts are designed to comply with Sharia law by eliminating overnight swap fees, making them suitable for Muslim traders.
Can US clients open a trading account with FXOpen INT?
No, FXOpen INT does not accept clients from the United States. Traders residing in the US will need to seek brokers regulated within their jurisdiction.
What Real Traders Say About FXOpen INT
All reviews are verified trades
💬 No reviews yet, be the first to share your experience.
