fxopen.com Reviews
is fxopen.com legitimate or a scam?How much trust do people have in fxopen.com?
Why is the trust score of fxopen.com very high?
FXOpen offers a range of trading instruments, including forex, indices, commodities, and equities. It also provides access to cryptocurrency CFDs, which can be appealing to traders interested in this emerging asset class.
The broker's use of ECN (Electronic Communication Network) technology is highlighted as a key feature. ECN technology is designed to facilitate direct interaction between market participants, such as banks, financial institutions, and individual traders, without the need for a traditional middleman. This can result in potentially tighter spreads and more transparent pricing.
The website emphasizes the security of client funds, with mentions of segregated accounts and protection under the Financial Services Compensation Scheme (FSCS) for retail clients. These measures are important for safeguarding funds in the event of broker insolvency.
FXOpen's offering of multiple trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), is a common practice in the industry. These platforms are widely used and trusted by traders for their advanced charting tools, technical analysis capabilities, and support for automated trading through expert advisors (EAs).
The broker's provision of a free VPS (Virtual Private Server) for enhanced trading flexibility and speed is a notable feature. VPS hosting can be beneficial for traders who want to ensure continuous, uninterrupted access to their trading accounts and automated trading systems.
The website also promotes the availability of a demo account, which allows prospective clients to practice trading in a risk-free environment using virtual funds. This can be valuable for new traders who want to familiarize themselves with the platform and test their trading strategies before committing real money.
FXOpen's focus on offering a wide range of markets, including global FX, indices, commodities, shares, and cryptocurrencies, caters to the diverse trading preferences of its clients. The ability to access multiple markets from a single account can be convenient for traders looking to diversify their portfolios.
Overall, based on the information provided, FXOpen appears to be a legitimate and well-regulated broker with a comprehensive range of trading services and features. However, as with any financial decision, it's important for individuals to conduct their own research, consider their risk tolerance, and carefully review the broker's terms and conditions before opening an account."
the reasons behind this review :
Regulated by the Financial Conduct Authority (FCA) in the UK, Established since 2005, Offers a range of trading instruments including forex, indices, commodities, and equities, Use of ECN (Electronic Communication Network) technology for potentially tighter spreads and transparent pricing, Emphasis on security of client funds with segregated accounts and protection under the Financial Services Compensation Scheme (FSCS) for retail clients, Provision of multiple trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), Offering of a free VPS (Virtual Private Server) for enhanced trading flexibility and speed, Availability of a demo account for practice trading with virtual funds, Focus on offering a wide range of markets, including global FX, indices, commodities, shares, and cryptocurrencies
Positive Points | Negative Points |
---|---|
Website content is accessible No spelling or grammatical errors in site content High review rate by AI Domain Age is quite old Archive Age is quite old Domain ranks within the top 1M on the Tranco list | Whois data is hidden |
Domain age :
16 years and 12 months
WHOIS Data Status :
Hidden
Website :
fxopen.com
Title :
Online Forex & CFD Trading with FXOpen UK: A True ECN technology Broker
Description :
Forex and CFD broker for online trading. Start trading with FXOpen UK — a true ECN technology broker, regulated in the UK. Trade forex, indices, commodities and equities.
Website Rank :
203464
Age of Archive :
20 year(s) 0 month(s) 9 day(s)
SSL certificate valid :
Valid
SSL Status :
Low - Domain Validated Certificates (DV SSL)
SSL issuer :
Google Trust Services LLC
WHOIS registration date :
2007/04/05
WHOIS last update date :
2024/03/27
WHOIS Renewal Date :
2029/04/05
Organization :
REDACTED FOR PRIVACY
State/Province :
PANAMA
Country :
PA
Phone :
REDACTED FOR PRIVACY
Email :
info@domain-contact.org
Organization :
REDACTED FOR PRIVACY
State/Province :
REDACTED FOR PRIVACY
Country :
REDACTED FOR PRIVACY
Phone :
REDACTED FOR PRIVACY
Email :
info@domain-contact.org
Organization :
REDACTED FOR PRIVACY
State/Province :
REDACTED FOR PRIVACY
Country :
REDACTED FOR PRIVACY
Phone :
REDACTED FOR PRIVACY
Email :
info@domain-contact.org
IP : 104.22.54.122
IP : 172.67.8.11
IP : 104.22.55.122
Name :
Moniker Online Services LLC
IANA ID :
228
Registrar Website :
http://www.moniker.com
Phone :
+1.9546071294
Email :
abusereport@moniker.com
Target : kate.ns.cloudflare.com
IP : 108.162.192.124
Target : seth.ns.cloudflare.com
IP : 108.162.193.142
This website was last scanned on August 23, 2024
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