Company news / FXOpen UK Slashes Commission Rates

FXOpen UK Slashes Commission Rates

The FXOpen Team

FXOpen UK is delighted to announce we have cut the ECN commission rate for all accounts below $1000; saving novice and small account traders money every time they trade. From today, clients will only pay 3.50 per lot (a saving of 30%) and this upgrade has already been applied to all accounts below $1000.

Here's a quick example of the money our clients will save:

Previously, if your account equity was below $1000 and you traded 1 lot of USD/JPY, it would cost $5.00 to buy and $5.00 to sell, a total of $10. Now you can trade 1 lot of USD/JPY at $3.50 to buy and $3.50 to sell, with a total cost of $7, saving you $3 per 1 lot trade.

FXOpen UK prides itself on our client focused approach, which has enabled us to develop into one of the world leading FX brokerages.  Chief Operating Officer, Gary Thomson, says “We constantly strive to improve trading conditions for clients and a significant reduction in the cost of trading will be a major benefit for them, particularly during these turbulent times.”

For a full list of our commission rates, including our $1.50 rate for high volume traders, please click here.

If you would like to find out more, Gary Thomson, our COO, would be pleased to answer your questions.  If you would like to arrange an interview, please email us: [email protected].

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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. 60% 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.