About FXOpen

Fully Regulated by the FCA in the UK.
Trusted by traders worldwide

Why FXOpen?

Regulated

FXOpen UK is located in London and authorised and regulated by the Financial Conduct Authority (FCA) under FRN: 579202 in the United Kingdom.

Secure

All client funds are fully segregated from FXOpen's own funds in accordance with FCA Client Asset Rules. Client funds are held in segregated accounts at Barclays Bank Plc or Lloyds Bank Plc in London.

Protected

All retail clients of FXOpen UK, whether you are a UK citizen or not, have their funds fully protected up to £85,000 by the FSCS in the event that FXOpen UK is unable to return client money. More details can be found at: www.fscs.org.uk.

Our Advantages

Low Spreads & commissions

Deep liquidity with spreads from 0.0 pips
Very low commissions.

ECN technology

Cutting edge ECN technology.

Access anytime, anywhere

Trade on the MT4, MT5, TickTrader or TradingView Trading Platform.

Low deposit

Low minimum deposit from £300, $300, €300.

High leverage

Maximum leverage up to 1:500 (for professional clients).

Wide selection of payments

A wide selection of fast and reliable payment options.

Business Model

All accounts at FXOpen are ECN or STP accounts and use the ECN model. The ECN model gives traders access to the Interbank market where the counterparty to your trade is a liquidity provider such as a bank, fund, or another trader. There is no intervention from FXOpen, no dealing desk and no requotes.

ECN accounts are suitable for all types of trading due to its fast execution and deep liquidity. This is especially useful for scalping, high frequency and automated trading. The ECN Model uses Market Execution, which means that your order will be filled in the interbank market but the execution price may differ from the price you requested upon placing the order.

True ECN Model

All participants of the ECN have equal rights when it comes to order execution regardless of their capital. Additionally everyone on the ECN can act as both liquidity providers and liquidity receivers. This ensures that all transactions take place in a completely fair and transparent environment.

This business model, combined with the unique technology behind the FXOpen ECN, provides our clients with aggregated liquidity from multiple participants in the forex market. This allows FXOpen’s clients to easily and instantaneously execute large volume orders in a very tight spread and highly liquid environment.

FAQs

Is FXOpen UK FCA regulated?

Yes. FXOpen UK is authorised and regulated by the Financial Conduct Authority (FCA) under FRN: 579202 in the United Kingdom.

All retail client funds are fully segregated under FCA Client Asset Rules and are held in separate accounts to FXOpen's own funds.

All retail client funds are ring-fenced Tier 1 Banks.

All retail clients of FXOpen UK, whether you are a UK citizen or not, have their funds fully protected up to £85,000 by the FSCS in the event that FXOpen UK is unable to return client money. More details can be found at: www.fscs.org.uk.

What leverage can I trade with?

Retail clients can trade with leverage of up to 1:30 for Major FX. 1:20 for Minor FX, Gold and Indices. 1:10 for Energy markets and Silver.

Professional Clients can have up to 1:500. For more information how to become a professional client click here.

What currency can I have trading accounts in?

You can have trading accounts in GBP, USD or EUR.

You can have up to 10 trading accounts and have a selection of different currency accounts.

Does FXOpen UK offer PAMM and Social Trading?

Under FCA regulation, FXOpen UK is unable to provide PAMM and/or social trading.

Where can I download a trading platform?

You can compare the characteristics of the available platforms, and also download the terminal desktop or mobile version using this Platform Comparison Table.

Also you are welcome to use MT4, MT5, TickTrader, and TradingView Web Platform.

How can I log in to a trading platform on my phone?

Download the app from either the App Store or Google Play.

Open the App and go to New Account -> Login to Existing Account -> Type fxopenuk in the search field and select the correct server.

Enter your Login and Password and then you will be able to trade.

How do I fund my account?

Log in to the Client Portal and select Add Funds. You can make deposits via Credit or Debit Card, Instant Bank Payment or Bank Transfer.

You can make a deposit using any available payment option .

How can I change my Main Account currency?

There is no need to change your Main Account as it is multicurrency. This means that you can hold different currencies at the same time. The GBP/USD/EUR that you see is just the default when the account has not been funded. When you make a deposit of another currency (e.g. AUD) it will show on your account in AUD, and no conversion is required.

How can I reset my PIN or password?

Log in to the Client Portal and select Profile -> Forgot PIN or Password

For a new PIN select your ewallet number which will starts XX in the top box and PIN Code in the bottom box.

For a new Trader Password select your trading account number in the top box and Trader Password in the bottom box.

Upload a Photo ID such as Passport or National ID card and press Request. The new PIN or Password will be sent to you via email.

Why can’t I log in to the trading platform?

The most common reason is that the password is being entered incorrectly. The best way to avoid this error is to copy and paste the password from the email you received when you opened the trading account.

Also make sure that you are trying to connect to the correct server.