Trading Accounts

FXOpen offers two types of trading accounts, ECN and STP. Both trading accounts use market execution, so you can trade with the security of knowing that your trade will always be executed at the best available price with no requotes.

ECN Trading Accounts

On Electronic Communication Network (ECN) accounts you trade on the raw price from the banks and liquidity providers and pay a small commission. This is the most cost-effective form of FX trading and is ideal for executing large volume trades.

Our most popular account option: FXOpen ECN account is a multi-asset account, allowing you to trade a wide range of FX, global indices, stocks, commodities, and cryptocurrency CFDs, all from one single account.

STP Trading Accounts

On Straight Through Processing (STP) accounts there is no separate commission to pay as it is already included in the spread. This account is ideal for novice traders looking to keep pricing simple.

Compare Trading Accounts

ECN STP
key account info
Account Currency EUR, USD EUR, USD
Demo Account
Bussines Model ECN* STP
Trading Time 00:00 Mon - 00:00 Sat (Cyprus time)
24/7 for Cryptocurrency CFDs
00:00 Mon - 00:00 Sat (Cyprus time)
Minimum deposit €300, $300 €300, $300
Maximum balance No limit No limit
Spread floating, from 0 pips floating
Commission (per 1 lot) from $1.50
Quotes format 0.12345 0.12345
Minimum transaction size 0.01 lot 0.01 lot
Maximum transaction size not limited** not limited**
Minimum increment 0.01 lot 0.01 lot
Leverage up to 1:30 up to 1:30
Margin call and Stop Out Margin call 100%
Stop out 50% %
Margin call 100%
Stop out 50%
INSTRUMENTS
Currencies
Cryptocurrency CFDs
Metal CFDs
Energy CFDs
Index CFDs
Share CFDs
MISCELLANEOUS
Market execution
Requotes
FEATURES
Hedging
Expert Advisors
Scalping
News trading
Phone dealing
Market depth with level 2 quotes

*ECN is the name of the trading account that uses ECN Technology for order execution.
**Maximum transaction size can be limited by the liquidity available in the ECN.

How Do I Open a Trading Account?

Just a few steps to start trading

1

Register

Complete the simple registration form with just your email address, phone number and password.

2

Verify

Continue the application process to verify your trading account and supply ID documents.

3

Fund and trade

Once verified, fund using our multiple funding options and start trading with spreads from 0.0 pips.

Open account
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68.31% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.