Our History
How we started
Unlike other Forex brokers, FXOpen was created by a group of traders and has come a long way from
its roots as an educational center to become a major Forex brokerage company that continues to
expand rapidly.
The company was founded as an educational center offering courses in the field of technical
analyses and financial markets.
How we grow
The launch of brokerage services in 2005 was a natural progression to satisfy the growing need for fair and transparent trading conditions combined with excellent customer support. With us you can be sure of constant support, excellent trading conditions and a trader-oriented approach.
2024
Trade HK share CFDs commission free on TickTrader: FXOpen introduced a diverse range of Hong Kong share CFDs to the TickTrader platform, with tight spreads and 1:5 leverage. Additionally, these HK Share CFDs can be traded completely commission free until 31st May 2024.
Announced the release of TickTrader 2.15: The latest version of TickTrader is introduced, with additional exciting features designed to enhance the trading experience with FXOpen.
2023
Expands tradable markets with 19 new ETF CFDs: The 19 newly introduced CFDs, encompass a variety of exchange-traded funds, with 17 of them sourced from Global X, a reputable New York-based provider of ETFs traded at the New York Stock Exchange (NYSE) Arca exchange. The remaining two ETFs are made available through iShares, which is BlackRock's renowned ETF product range. FXOpen clients can trade these ETF CFDs with leverage of up to 1:5.
Unlocked new trading opportunities with 1:1000 leverage: FXOpen increased the maximum leverage from 1:500 to 1:1000 when trading forex or metal CFDs on the TickTrader trading platform, giving clients the ability to trade larger volumes with the same amount of capital.
Introduced a limited-time offer for clients to claim $15 of TradingView coins: Taking advantage of the partnership with TradingView, FXOpen ran a promotion to allow clients the opportunity to receive $15 of TradingView coins.
Adds TradingView to the suite of platforms: Taking advantage of the existing partnership with other FXOpen entities, TradingView is launched for FXOpen INT clients in May 2023.
Launched a new automated EA and indicator script fix service: FXOpen INT clients were given the opportunity to optimise their trading experience through the newly launched specialised service for writing Expert Advisors and fixing indicators and scripts, completely free of charge.
Introduced 3 new currency pairs: Due to increased client demand, FXOpen announced the introduction of the Hungarian forint and Czech koruna to its asset pool, paired with the US dollar and euro: USD/HUF, EUR/HUF, USD/CZK.
FXOpen lowers the minimum trade size on index CFDs to 0.01 from 0.1 lot on index CFDs: This means less margin is now required to place a trade, and allows clients to trade index CFDs in a smaller size.
FXOpen bags "Innovative Broker of 2022" award: FXOpen INT was delighted to receive the Innovative Broker of 2022 award from Traders Union.
2022 ForexCup Trading Championship winner confirmed and launch of FTC 2023 Announced: ForexCup, a high-tier trading championship, sponsored by FXOpen, announced the winner of the 2022 season, who successfully traded his way to over 800% gain on his initial deposit, claiming his $50,000 prize, together with a commemorative crystal trophy.
2022
Zero Commission on index CFDs. We know how important Zero Commission is to traders, that’s
why we have launched zero commission trading for Index CFDs. Enjoy no commission fees on ECN
accounts when you trade on MT4, MT5, or TickTrader platform. Trading indices now becomes as
affordable as possible for all our clients.
Lowered minimum trade size on index CFDs. We have lowered the minimum trade size to 0.01 from
0.1 lot on index CFDs. This means less margin is required to place a trade, and it allows traders to
trade index CFDs in a smaller size.
FX spreads cut by over 40%. In 2022, FXOpen continued to make enhancements to the ECN
liquidity, resulting in FX spreads being reduced by over 40%. These tighter spreads will save
traders money, and with 13% of price updates resulting in a choice price in EURUSD, FXOpen is the
ideal venue to execute high frequency and scalping trading strategies.
FXOpen starts 2022 with 33 new ultra-modern ETF CFDs. FXOpen was delighted to announce the
launch of 33 comprehensive ETFs which range from technologically advanced innovators in automation
and robotics, automotive battery technology, to minerals and mining companies, and the traditional
and alternative energy sectors. The newly available funds, which are now accessible via TickTrader,
our highly acclaimed platform, offer our traders the opportunity to invest in the prices of these 33
ETFs.
Introducing a weekly video series with Chief Operating Officer Gary Thomson. We have
introduced to our clients FXOpen’s Market Wrap with Gary Thomson, an engaging, informative video
series, giving a weekly look back at the global market movements impacting trading. The FXOpen
Market Wrap series was developed as part of our company’s approach to enhance the range of
educational material offered to clients.
2021
Launch of Traders tools extension for Google Chrome with the following Features:
Analytics, Quotes, Calendar, Company news and Live news. The extension
is also connected to the Client Portal and Forex trading accounts page, allowing you to access the
information you need with just a single click.
Download FXOpen Traders Tools.
Download FXOpen Traders Tools.
ForexCup Trading Championship 2021 is a one-of-a-kind contest designed to engage investors,
traders, and portfolio managers in fair and reliable global competition. For an entire year,
participants have been competing for the title of the best and for a hefty cash prize of 50,000 U.S.
dollars, which will go to whoever demonstrates the most profit at the end of the year 2021.
New instruments added with FXOpen Markets. We introduced the following positions in FXOpen
Markets: SPDR S&P 500 ETF Trust (SPY), Global X Lithium & Battery Tech ETF (ICLN), iShares Global
Clean Energy ETF (ICLN), Vale SA (VALE), BlackBerry Ltd (BB) and Bayer AG (BAYN).
Instant Bank Transfers for Vietnam and South Korea. We've added a new method of depositing
and withdrawing funds for clients from Vietnam and South Korea. Instant Bank Transfers are
transactions made from an online bank account in a local currency.
TickTrader functionality has expanded. The number of available stock and ETF CFDs is already
more than 500, and we added more popular instruments. Learn more about Ticktrader on our official
website in the TRADING > Platforms > TickTrader menu.
Trading conditions for Micro account changed. FXOpen reduced the minimum trade volume from
0.1 to 0.01 microlots.
Commission-free trading until 31st December 2021. Up until December 31st 2021, FXOpen clients
were able to enjoy commission-free trading on all their shares and indices trades as soon as their
net deposit goes over $2,000/€2,000/£2,000.
Forex Games. Traditionally FXOpen held several Money Manager contests on real PAMM accounts
with a prize fund of USD 10,000.
2020
Launch of Crypto 10 trading account: Account currency (USD, EUR, GBP, RUB, JPY), Min. deposit
($10), Leverage (1:10), Commission (0.25% for half-turn).
Deposits and withdrawals via AstroPay Card, a virtual prepaid card. AstroPay issues
cards with different prepaid values starting from $10 to $1,000.
Launch of a brand-new trading platform: TickTrader.. The platform
allows clients to trade five of the most popular asset classes (Forex, Stocks, Commodities, Indices,
and Cryptocurrencies) via one special ECN
TickTrader trading account.
New offer for the clients, who registered with FXOpen and got Grade 1 verification: 10$ No Deposit
Bonus for ECN TickTrader Accounts.
New payment methods for FXOpen clients worldwide: CASHU, the largest online payment service
in the MENA region and Local Bank Transfers including such methods as Rapipago (Argentina),
Boleto Bancário (Brazil) and Oxxo (Mexico).
One more Index CFD for trading: Hong Kong 50, which tracks the daily price changes of the
largest companies listed on the Stock Exchange of Hong Kong (SEHK).
The commissions for indices are calculated in percent from the transaction volume.
Implementation of PAMM account drawdown limit. This mechanism allows reducing losses of
Subscribers' funds in case of unprofitable trading on a PAMM account.
'No commission deposits' promotion has been lasting for 9 months. All the actual payment
commissions can be found on the 'Fees' page.
2019
Launch of PAMM ECN accounts on the MetaTrader
5 Platform.
Widgets with
information about a trading account in FXOpen Analytics.
Development of the verification
procedure helping avoid fraud registrations and violations. New conditions for receiving
Welcome bonus and No deposit bonus for STP.
Direct deposits/ transfers/ withdrawals to/from a trading account in My FXOpen: thus Internal
transfer is performed automatically by the system.
'No commission deposits' promotion having lasted for 5 months: FXOpen clients were able to
deposit their accounts via any payment system available (except for Bank Wire Transfer) without the
cost of fees charged by the payment systems.
Special offers for new and existing clients like Black Friday and New Year 0% ECN
commissions.
2018
Launched MetaTrader 5 for ECN accounts.
Introduced multi-factor
authentication (via Google Authenticator, SMS, Email or backup codes) and improved the account
verification procedure.
Received a certificate for high-quality order execution from VerifyMyTrade and the Financial
Commission.
Added new cryptocurrency pairs with Bitcoin Cash, Ethereum, Ripple, EOS, Monero, NEO, IOTA, OMNI,
etc. and now offers the total of 43 currency pairs on Crypto
accounts.
Reduced SWAP on Crypto accounts down to 10%.
Introduced new bank transfer deposit options for Africa and Asia, as well as deposits and withdrawals in Emercoin.
2017
The launch of the 90-day FXOpen Cashback Program that gives traders the opportunity to
receive rebates from their own trades (including loss-making ones);
Increased partner's
commission;
The launch of
PAMM-Crypto accounts, so that PAMM-Masters and their Followers can benefit from investing
into the growing and highly liquid crypto market.
Deposits and withdrawals via Tether - a US Dollar-pegged cryptocurrency, that lets FXOpen customers
deposit and withdraw in USD and EUR equivalents using the Blockchain technology;
Deposits and withdrawals via Alipay, WeChat Pay and ChinaUnion Pay - Asia's leading mobile payment
solutions.
2016
The launch of FXOpen Analytics - a new service for collecting and
analyzing your trading statistics;
PAMM service now allows Masters to import trading history from Myfxbook accounts;
ECN accounts can now be denominated in Bitcoin;
New crypto currencies ETH and Dash were added;
The ePayments payment system was added and an FXOpen branded pre-paid debit MasterCards card was
issued.
2015
The launch of CFDs on ECN accounts;
The launch of MT4
Webtrader, an online version of MT4 not requiring download and installation;
The introduction of 0.01 minimum lot size on ECN accounts;
Reduction of the minimum deposit for ECN and PAMM accounts. Starting with 2015 you can open an ECN
or a PAMM account with USD 100 and USD 200 respectively;
Following the CHF crisis in January 2015 we have changed 5 liquidity providers within our pool in
order to make sure that our clients get only the top-quality liquidity from the most reputable
counterparties.
2014
Redesigned FXOpen official website and back-office personal area with modern design and
improved functionality.
The launch of Crypto Accounts and the introduction of new
financial instruments such as Bitcoins, Litecoins, Namecoins, and
Peercoins.
The launch of Windows VPS Hosting provided to FXOpen ECN, STP and Crypto
account holders.
The implementation of Two-Factor Authentication to provide an extra
layer of security for our clients' personal data.
2013
FXOpen launches One
Click Trading and Level2 Plugin in order to improve order management in the MT4 trading
platform.
FXOpen UK, a London-based company within the FXOpen Group of Companies, receives the Financial
Services Authority (FSA) license, registration number 579202. The launch of the
London office and the web-site.
The launch of STP
accounts offering ECN liquidity with a starting deposit of only $100.
The launch of verification,
confirmations and notifications via SMS;
FXOpen extends the list of payment options by adding Dengi Online, Yandex Dengi and local bank
transfers, Neteller, Netbanx Asia, OneCard and withdrawals
to credit and debit cards;
The launch of ticketing via the Customer Support portal support.fxopen.com;
FXOpen together with ForexCup organizes regional Forex trading championships –
Asia Championship, Russia Championship and China Championship.
2012
FXOpen is named Best ECN Broker of 2012 by the independent rating of Masterforex-V International
Trading Academy;
FXOpen's MT4 ECN trading platform receives the gold medal as the Most Popular Product at the 9th
International Shanghai Money Fair.
2011
The launch of Forex traders' competitions at ForexCup;
FXOpen receives the World Finance magazine award as the Best Forex Broker in Australasia
2011.
FXOpen receives 3 awards from IB Times Trading Awards as Best Islamic Forex Broker 2011,
Best
South-East Asia Forex Broker and Best ECN Forex Broker.
2010
FXOpen reduces the minimum spread in ECN accounts down to 0 pips.
The launch of FXOpen Partnership Program and FXOpen Client Support System.
FXOpen is listed on the Top 100 Companies by the World Finance magazine.
FXOpen receives the Falcon Award for The Best Trading Platform.
2009
FXOpen launches ECN MT4 trading platform coupled with the minimum 0.1 lot.
The launch of PAMM technology.
FXOpen is awarded the tittles Best Forex Broker 2009 and
Best Middle East and Asia Broker 2009.
2006
FXOpen was the first Forex broker to offer Micro accounts and swap-free Sharia compliant accounts.
2005
The launch of FXOpen brokerage service.