FXOpen would like to advise that due to a change in our offering, STP accounts will be discontinued on Friday 20th December 2024. This change reflects our commitment to providing our traders with the most competitive and advanced trading environment.
What does this mean for you?
If you currently hold an STP account, you can continue trading seamlessly by opening an ECN account.
- Log in to your Client Portal and click ‘Accounts’
- Click ‘Add an Account’ and follow the on-screen prompts
If your STP account has an open position and funds, on 20th December, these will be transferred to your ECN account.
Any STP account without an open position will be placed on close only mode as of today, Friday 6th December.
What if you do not open an ECN account?
If you choose not to open an ECN account, any open positions will be closed after 22:00 GMT on Friday 20th December at the closing market price, and your remaining balance will be transferred to your Main account.
Why choose an ECN account?
With an ECN account, you will trade on the raw price from the banks and liquidity providers and pay a small commission, from $1.5 per lot. This is the most cost-effective form of FX trading and is ideal for executing large volume trades. Furthermore, an ECN account allows you to trade over 700 markets from one account, including shares, ETFs, indices and cryptocurrency* CFDs.
Need help?
Our helpful Customer Support team is here to assist with the account transition. Live chat with us if you have any questions.
*At FXOpen UK, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules. They are not available for trading by Retail clients.
