FXOpen UK - true ECN/STP FCA-regulated broker

Unbelievable commissions on ECN accounts

Why not start the New Year, albeit Chinese style, with a BANG?

FXOpen UK is pleased to announce that we have slashed our commissions even further!

From today, February 8, our commission rates are as follows:

That's right, however incredible it may sound: our commissions are now as low as 1.5 units of base currency per side per lot!

This new fee structure means that even clients with deposits as low as $1,000 or equivalent can enjoy one of the lowest commissions in the market - all while enjoying deep liquidity, tight spreads and first-class execution! There has never been a better moment to start trading in a true ECN environment! Simply sign up here https://my.fxopen.co.uk/Registration/

And the best news? If you are an existing client of FXOpen UK, your account has already been migrated to the new commission level!

Happy trading!

Does anyone have positive experience with this broker? Quite a lot of feedback on other FXOpen entities, but not that much on the UK one. Commissions and spreads look extremely attractive, but what about execution and support?

Key benefits of FCA-regulated FXOpen UK:

1. ECN and STP accounts
2. ECN commission from 1.5 per lot
3. spreads from 0 (and even negative!)
4. Level 2 data (depth of market)
5. absolute transparency and the latest trading technology
6. fast execution with servers in NY4
7. news trading, algo, HFT - use whatever trading strategy you choose, we welcome all
8. Metatrader Webtrader available - Mac users are welcome!
9. free VPS for active traders
10. FIX API available

You asked for it, and we have delivered.

By very popular demand all signals on the MQL5 market are now available for purchase directly in MT4!

Happy trading!

Great news for our diverse community!

MetaTrader4 Web has been updated. Now, the number of MT4 Web languages reaches 38, while the analytical tools match those in MT4 desktop. Some of the newly added indicators included various MAs, MACD, ATRs, several oscillators, Bollinger Bands, CCI, Momentum, Alligator and Gator indicators, RSIs, Stochastic oscillator and Williams percentage, among others. Check all the awesomeness right now https://webtrader.fxopen.co.uk!

Happy trading, whatever OS you are using!

Swap-free (Islamic) accounts launched

You asked for it, and we have delivered - again.

By very popular demand, we are happy to launch swap-free (Islamic) accounts, both for ECN and STP! Contact us for more details.

Happy trading!

NEVER trusted FXOPEN. You guys manipulated the accounts during the FapTurbo days and are PURE CHEATS

http://forex-tester.com/brokers.php?broker=fxopen

Hi aagarcia, thank you for your interest, though we are not sure what a link: a) to a 'review' that clearly says 'I have no personal experience with this broker...' b) refers to another anonymous review on another website c) refers to another company d) is 7 years old (FXOpen UK, sadly, was not around back then) has to do with us, however we would very grateful if you gave us a try first and then shared your experience.

That was MY review. I'm Antonio. Period. NO way I would go anywhere near any company that starts with FXOpen

Antonio, we are sorry to hear about your prior experience with another FXOpen company years ago, but would really love if you gave FXOpen UK a try and then shared your experience.

A MIND-BLOWING promo by CashBackForex https://goo.gl/YfxZKO, do not miss this unique chance!

There appears to be discrepencies between statement on the FxOpen UK site - About Us → Safety of Funds and Terms and Conditions. See Statements 1 and Statements 2.

With reference to safety of clients funds the FxOpen UK site states - All client funds are ring-fenced at Barclays Bank Plc in London, a Tier 1 Banking and Credit institution - while the Terms and Conditions states - 29.1.3: Any money you transfer to us or which is transferred to us on your behalf being Client Money within the meaning of the Client Money Rules will be held with a bank in the UK but may also be held in a non-UK bank - and - 29.1.4: We may hold Client Money on your behalf in an account with a bank or third party located outside the European Economic Area ("EEA") - and - 29.1.5: We will not be liable for the failure or insolvency of any bank or third party holding money however, if your money is held within an EEA country, a proportion of your cash balance may qualify for compensation arrangements in that jurisdiction.

Note: The above impacts on Statements 3 below

Statements 1: FxOpen Site, About Us → Safety of Funds.
Accounts with a Top Tier Bank
All client funds are ring-fenced at Barclays Bank Plc in London, a Tier 1 Banking and Credit institution. - reference https://www.fxopen.co.uk/en/safety-of-funds/ (26-March-2016)

Definition: Ring Fencing Banks
Ring fencing is a term to describe the situation where a firm makes part of its business a separate entity to the rest of its business. The purpose or ring-fencing an aspect of your business is so that losses in one area can’t affect another. - reference - http://www.economicshelp.org/blog/3185/economics/ring-fencing-banks/

Statements 2: → Terms and Conditions (pdf link, page bottom) - reference https://www.fxopen.co.uk/ (26-March-2016)
29. CLIENT MONEY AND ASSETS
29.1 Retail clients only
29.1.1 Clause 29.1 applies to Retail Clients only.
29.1.2 Any money received by us in respect of your Account shall be
treated as Client Money in accordance with the FCA's Client
Money Rules.
29.1.3 Any money you transfer to us or which is transferred to us on
your behalf being Client Money within the meaning of the
Client Money Rules will be held with a bank in the UK but may
also be held in a non-UK bank. Your money will be segregated
from our own money in accordance with the requirements of
the Client Money Rules and in the event of our insolvency, it
will be excluded from our assets.
29.1.4 We may hold Client Money on your behalf in an account with a
bank or third party located outside the European Economic
Area ("EEA"). This account will be segregated from our money
or assets which may be held with the bank or third party. The
legal and regulatory regime applying to any such bank or third
party may be different from that of the UK and in the event of
the insolvency or any other equivalent failure of that bank or
third party, your money may not be as effectively protected as
if your money is held with an equivalent bank or third party in
the UK.
29.1.5 We will not be liable for the failure or insolvency of any bank or
third party holding money however, if your money is held
within an EEA country, a proportion of your cash balance may
qualify for compensation arrangements in that jurisdiction.

Statements 3. FxOpen Site, About Us → Safety of Funds.
Investor Protection
All retail clients of FXOpen UK, whether you are a UK citizen or not, have their funds fully protected up to £50,000 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. - reference https://www.fxopen.co.uk/en/safety-of-funds/ (26-March-2016)

However, with reference to Statements 2: Terms and Conditions 29.1.3, 29.1.3 and 29.1.5 → in summary, FxOpen UK not liable for loss of Client Money against Bank failures and insolvencies....and holding Client Money in an account with a bank or third party located outside the European EconomicArea ("EEA") and Statements 1: All client funds are ring-fenced at Barclays Bank Plc in London, note the following:

a) "the Financial Services Compensation Scheme (FSCS) will not pay compensation when a firm has enough assets or means to pay claims made against it." - reference - How to claim compensation: Step 2: http://www.fca.org.uk/consumers/comp...m-compensation

b) Bank Ring-Fencing:

Crown Dependencies
In last year’s drafts, there was an exemption to allow ring-fenced banks to maintain branches in the Crown Dependencies, despite otherwise being prohibited from having non-EEA branches or subsidiaries. The Treasury had said that deposits in the Crown Dependencies “play an important part in the funding mix and liquidity base of UK ring-fenced banks” and that as such, “access of UK ring-fenced banks to the Crown Dependencies has positive consequences for UK financial stability.” However, this exemption has been removed – ring-fenced banks will not be permitted branches (or subsidiaries) in these territories. The documents do not give any explanation for the change of stance. Reference - http://blogs.deloitte.co.uk/financialservices/2014/07/uk-bank-ring-fencing.html (23/07/2014)

Get FXOpen UK CASHBACK on Every Trade.
Your spreads and trading conditions will NEVER change.

FXOpen UK Rebates


.

Hello, any differences among
www.fxopen.com
www.fxopen.co.uk
www.fxopen.com.au

they are different regulated?

There are no discrepancies. All client funds are indeed kept at Barclays Bank Plc in London. However, T&Cs are just that - T&Cs and they must cover all possible eventualities, and as such they do contain that clause (29.1.4: We may hold Client Money on your behalf in an account with a bank or third party located outside the European Economic Area ("EEA")....). However, this is a standard clause you will find in T&Cs of most, if not all, FCA-regulated brokers.


Hello, thank you for your interest in FXOpen. Yes, these are 3 separate companies with different regulations, as stated on each website, and slightly different products.

They all use the same great liquidity and cutting-edge technology though, and you may have an account in each of those if you wish so.

Dear clients, in view of the 'Brexit vote' on June 23, please note that we have decided not to force restrictive leverage at this stage as many clients wish to maintain higher levels.

However, starting from the market opening on June 20th and throughout the whole week margin requirements for all GBP and EUR based instruments may be increased up to 5 times their normal level without further notice.

See the full announcement here https://www.fxopen.co.uk/en/about-us...creased-margi/

Remember, you can get a free VPS through FXOpen UK, see here

Summer promotion coming up, watch this space!

Any plans to offer MT4 for Mac in the near future?