We are always here to help; the quickest way to an answer is often found in our FAQ's below or contact us with any other queries.
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.
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.
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.
Under FCA regulation, FXOpen UK is unable to provide PAMM and/or social trading.
Within the FXOpen Group we have brokers regulated in Australia and Nevis which can offer PAMM and Social Trading.
Download the MetaTrader 4 or MetaTrader 5 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.
Log in to the MY FXOpen area and select Add Funds. You can make deposits via Credit or Debit Card, WebMoney, Trustly or Wire Transfer.
There is no need to change your ewallet as it is multicurrency. This means that you can hold different currencies at the same time. The GBP that you see is just the default when the account has not been funded. When you make a deposit of GBP, USD or EUR it will show on your account in GBP, USD or EUR and no conversion is required.
Log in to the MY FXOpen area and select Profile -> Forgot PIN or Password
For a new PIN Select your e-wallet number which will starts XX in the top box and PIN Code in the bottom box.
For a new MT4 or MT5 Password select your MT4/MT5 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.
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.
Live Account Servers:
MT4 ECN Live Account = FXOpenUK-ECN Live Server
MT4 STP Live Account = FXOpenUK-Real1
MT4 Crypto Live Account = FXOpenUK-Real1
MT5 ECN Live Account = FXOpen-MT5
Demo Account Servers:
MT4 ECN Demo Account = FXOpenUK-ECN Demo Server
MT4 STP Demo Account = FXOpenUK-Demo STP
MT4 Crypto Demo Account = FXOpenUK-ECN Demo Server