FxOpen

3.9(580 reviews)

ECN Forex broker with low spreads and PAMM accounts

FCA/ASIC RegulatedSince 2005

Trust Score

Very Good

Ready in 2 minutes

* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

15 $

Min. Deposit

Instruments

FCA/ASIC

Regulation

Platforms

Key Features

Forex

Forex trading available

CFDs

CFDs trading available

Indices

Indices trading available

Commodities

Commodities trading available

Crypto CFDs

Crypto CFDs trading available

MT4

Trading Platform

MT5

Trading Platform

TickTrader

Trading Platform

TradingView

Trading Platform

Advantages

FCA and ASIC-regulated
Very low ECN commissions from $1.50 per lot
PAMM accounts for passive investing
TradingView integration available

Disadvantages

Platform design could be more modern
Limited educational resources

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* External link. BeInOptions receives no compensation from this broker. All information is for educational purposes only and does not constitute investment advice.

About FxOpen

FxOpen is an ECN Forex broker active since 2005, headquartered in London, regulated by the FCA and ASIC. The broker has established itself as a reliable provider for advanced traders who value true ECN execution, low commissions, and PAMM accounts for managed trading. With spreads from 0.0 pips and a commission of just $1.50 per lot, FxOpen offers some of the most competitive ECN conditions on the market. The PAMM system (Percent Allocation Management Module) allows investors to allocate capital to experienced traders and passively follow their strategies. FxOpen supports MetaTrader 4, MetaTrader 5, the proprietary TickTrader platform, and TradingView integration. The low minimum deposit of just $15 makes entry particularly accessible. The broker primarily targets experienced Forex traders and those looking to transition from beginner to professional trading conditions.

FxOpen FAQ

What are PAMM accounts at FxOpen?

PAMM (Percent Allocation Management Module) accounts allow investors to entrust their capital to professional traders for management. Profits and losses are split proportionally. It is a form of passive investing in the Forex market.

How low are the commissions at FxOpen?

The ECN commission at FxOpen is just $1.50 per traded lot (one way), which is among the lowest in the industry. Combined with spreads from 0.0 pips, this results in very low overall trading costs.

Which platforms does FxOpen support?

FxOpen supports MetaTrader 4, MetaTrader 5, the proprietary TickTrader platform, and TradingView. TickTrader offers Level II market depth and advanced order types, which are particularly attractive for professional traders.