FXOpen Cashback Rebates

 

Overall, FXOpen provides up to 52.5% of ECN commission to partners on the first level of Professional raw spread ECN accounts and as low as 0 pips on EUR/USD spreads. However, partners can earn a commission starting from 2.4 pips per trade for STP accounts, according to FXOpen.

 

🔎 Account🥇 STP🥈 STP PAMM🥉 ECN🏅 ECN PAMM🥇 Crypto🥈 Crypto PAMM
📊 Forex2.4 – 3.3 pips2.4 – 3.3 pips15% - 50%15% - 50%N/AN/A
🪙 CryptocurrencyN/AN/AN/AN/A15% - 50%15% - 50%
💷 Payment FrequencyMonthlyMonthlyMonthlyMonthlyMonthlyMonthly

 

FXOpen Cashback Rebates

 

 

FXOpen Cashback Rebates – 37 Key Point Quick Overview

 

  1. ☑️ FXOpen Rebates Summary
  2. ☑️ How to Open a Forex Cashback Account with FXOpen (via SAShares)
  3. ☑️ Understanding Forex Trading Rebates and How They Work with FXOpen
  4. ☑️ The Benefits of Forex Trading Rebates with FXOpen
  5. ☑️ Key Factors to Consider When Evaluating FXOpen’s Forex Trading Rebate Program
  6. ☑️ Number of Traders Participating in FXOpen Cashback Rebates and Real-Life Examples
  7. ☑️ Successful Traders Benefiting from FXOpen’s Rebates – FXOpen’s Forex Trading Rebates Empowering Retail Traders for Success
  8. ☑️ Number of Traders participating in FXOpen Cashback Rebates
  9. ☑️ Detailed Summary of FXOpen
  10. ☑️ Geolocation of Traders
  11. ☑️ Advantages that FXOpen has over Competitors
  12. ☑️ Who will Benefit from Trading with FXOpen?
  13. ☑️ How to Maximize Your Savings with Forex Trading Rebates at FXOpen
  14. ☑️ FXOpen Regulation and Safety of Funds
  15. ☑️ FXOpen Awards and Recognition
  16. ☑️ FXOpen Account Types and Features
  17. ☑️ How to open an Account with FXOpen
  18. ☑️ FXOpen vs. Other Notable Brokers
  19. ☑️ FXOpen Trading Platforms
  20. ☑️ Which Markets Can You Trade with FXOpen?
  21. ☑️ FXOpen Trading and Non-Trading Fees
  22. ☑️ Calculating Forex Trading Rebates with FXOpen
  23. ☑️ FXOpen Deposits and Withdrawals
  24. ☑️ FXOpen Education and Research
  25. ☑️ How to open an Affiliate Account with FXOpen
  26. ☑️ FXOpen Customer Support
  27. ☑️ Legal and Tax Implications – Understanding Forex Trading Rebates with FXOpen
  28. ☑️ Risks and Limitations of Forex Trading Rebates at FXOpen
  29. ☑️ Strategies to Maximize Rebates with FXOpen
  30. ☑️ FXOpen Alternatives
  31. ☑️ FXOpen VPS Review
  32. ☑️ FXOpen Web Traffic Report
  33. ☑️ FXOpen Pros and Cons
  34. ☑️ FXOpen Customer Reviews
  35. ☑️ Recommendation for Improving FXOpen Cashback Rebates
  36. ☑️ Our Verdict on FXOpen
  37. ☑️ FXOpen Frequently Asked Questions

 

 

FXOpen Rebates Summary

 

  • ✅ FXOpen has an overall rating of 4.4 / 5
  • ✅ FXOpen has a Real Customer Rating of 4.1 / 5

 

 

FXOpen Cashback Forex Conditions

 

  • ✅ Forex broker rebates, or cash back, should be viewed as bonuses rather than a compelling reason to open trades. In addition, rebate amounts are not intended to compensate for potential losses from ill-advised trades fully.
  • ✅ FXOpen does not pay any rebates on the Micro Account.

 

 

There are maximum rebates per client.

 

FXOpen Additional notes on Cashback Rebates

 

  • ✅ FXOpen provides standard rebate terms. The company pays a commission on each trade made by a referral. The commission ranges from:
  • ✅ ECN accounts pay 15% to 50% commission.
  • ✅ STP accounts pay 2.4 to 3.3 pips.

 

 

FXOpen Standard commissions on Crypto accounts range from 15% to 50%.

 

FXOpen Rebates Summary

 

How to Open a Forex Cashback Account with FXOpen (via SAShares)

 

You can follow these steps to register for a Forex Cashback Account with FXOpen via SAShares.

 

For New Accounts

 

If you do not have an existing account with FXOpen, you can easily obtain a cashback rebate in three easy steps.

 

✅ Step 1:  Visit the FXOpen Website

Visit the FXOpen website and click “Open New Account.”

 

 

✅ Step 2: Submit a Trading ID

Submit your Trading ID to us: [SAShares]

 

For Example:

 

To: [SAShares]

Subject: New FXOpen Rebate Application

 

“Dear SAShares Team,

Please view my FXOpen Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

 

 

✅ Step 3: Wait for Approval

Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the FXOpen system.

 

For Existing Accounts

 

If you have an existing FXOpen account, you can get a cashback rebate by following these easy steps.

 

✅ Step 1:  Send an email to FXOpen: [email protected]

Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

 

For Example:

 

To: [SAShares]

Subject: Account Transfer Request

 

“Dear FXOpen Partner/Affiliate Team,

I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”

 

 

✅ Step 2: Create an Additional Account

Once you receive confirmation of the transfer from FXOpen, you can create an additional trading account.

 

 

✅ Step 3: Contact SAShares

Lastly, you can send your Trading or Client ID to [SAShares].

 

For Example:

 

To: [SAShares]

Subject: New FXOpen Rebate Application

 

“Dear SAShares Team,

Please view my FXOpen Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

 

How to Open a Forex Cashback Account with FXOpen (via SAShares)

 

Understanding Forex Trading Rebates and How They Work with FXOpen

 

Traders and partners can recover some of the broker’s trading commissions or spreads through Forex trading rebates.

FXOpen offers an extensive rebate system that is advantageous for individual traders and partners. The succeeding parts will elaborate on how Forex trading rebates operate with FXOpen.

 

Types of Accounts and Their Rebate Structures

 

  • ✅ ECN Accounts Partners can earn up to 52.5% of FXOpen ECN commission on the first, 26.25% on the second, and 15% on the third.
  • ✅ STP Accounts Partners can earn up to 2.4 pips per trade in commission. There is no trading commission with these accounts.
  • ✅ Crypto Accounts Partners can earn between 15% and 52.5% of trading commission on the first level, 5.25% to 26.25% on the second level, and 1.5% to 15% on the third level.
  • ✅ Partnership commission is available for PAMM Managers and Investors in PAMM Accounts. For PAMM ECN or PAMM Crypto accounts, commissions are calculated in two stages and can be as high as 15% of the trading commission.

 

 

How to Become a Partner and Earn Rebates

 

  • ✅ Sign up to receive your unique agent ID.
  • ✅ Use blogs, forums, social networks, and YouTube to spread the word about FXOpen.
  • ✅ Use FXOpen’s banners, logos, and landing pages to attract new traders.
  • ✅ As a commission, earn a percentage of the client’s trades.

 

 

Earning Options in the FXOpen Partnership Program

 

  • ✅ Forex IB (Three-Level Forex Agent Model): Earn progressive rebates for clients who stay with the company for the duration of their contract.
  • ✅ CPA Partner: Earn a commission on each qualified trader. For attracting customers to the broker, high commissions are offered.
  • ✅ Regional Representative or White Label Model: With FXOpen, you can start your own Forex business and earn money through this model.

 

 

Monitoring Your Earnings

 

In your personal area, FXOpen provides detailed statistics, such as visitor statistics and referred clients. Furthermore, you can control the sign-up process of attracting customers and track your earned commission from here.

 

 

How do FXOpen’s Forex Trading Rebates work?

FXOpen credits rebates directly to your trading account based on your trading volume.

 

Is there a minimum trading volume to qualify for rebates at FXOpen?

Yes, FXOpen frequently imposes a minimum trading volume to qualify for rebates.

 

 

Understanding Forex Trading Rebates and How They Work with FXOpen

 

 

The Benefits of Forex Trading Rebates with FXOpen

 

The Benefits of Forex Trading Rebates with FXOpen include:

 

  • ✅ FXOpen can help you create banners, landing pages, and logos to attract more traders.
  • ✅ Traders can diversify their portfolio with over 70 trading instruments, including Forex, CFDs, metals, gas, and oil.
  • ✅ With a minimum deposit of only USD 100 for ECN accounts and USD 10 for STP and Crypto accounts, the entry barrier is low.
  • ✅ Traders can maximize their trading potential by using leverage of up to 1:500.
  • ✅ Profitability is increased by competitive spreads starting at 0 pips for EUR/USD.
  • ✅ Partners can earn up to 52.5% of FXOpen’s ECN commission, providing a steady income stream.
  • FXOpen offers a variety of ways to earn money, whether you want to be a Forex IB, a CPA Partner, or a Regional Representative.
  • ✅ There is no trading commission on STP accounts, which is especially beneficial for traders looking to reduce trading costs.

 

 

and much, MUCH more!

 

 

Can I earn rebates on all trading pairs at FXOpen?

No, rebates at FXOpen apply to the majority, but not all, trading pairs.

 

How do rebates at FXOpen compare to other brokers?

FXOpen’s rebates are competitive and intended to benefit both novice and experienced traders.

 

 

The Benefits of Forex Trading Rebates with FXOpen

 

Key Factors to Consider When Evaluating FXOpen’s Forex Trading Rebate Program

 

✅ Global Reach and Credibility

 

It is essential to recognize the extensive international influence of this program. Its broker boasts a substantial global presence, collaborating with affiliates and IBs across 100+ countries, enhancing its reliability and market scope.

Such global prosperity can prove advantageous for associates aiming to draw traders from diverse locations globally.

 

✅ Flexibility in Earning Options

 

The program’s earning flexibility is also noteworthy. There are numerous ways to earn money, whether you are a Forex IB, a CPA Partner, or a Regional Representative.

Each role has its benefits and commission structures, allowing you to select the one that best suits your skills and financial objectives.

 

✅ Transparency in Reporting and Statistics

 

Another strong suit of FXOpen’s program is its transparency. In your personal FXOpen account, you can view detailed statistics on everything from visitor statistics to referred clients and your earned commissions.

This level of transparency is essential for tracking performance and optimizing strategies.

 

✅ Leverage and Competitive Spreads

 

Another important consideration is leverage. FXOpen provides traders with leverage of up to 1:500, allowing them to maximize their trading potential.

However, because leverage can magnify gains and losses, it must be used cautiously. The broker also provides competitive spreads, beginning at 0 pips for the EUR/USD pair, which can significantly impact a trader’s long-term profitability.

 

✅ High Commission Rates and Multi-Level Earnings

 

One of the first aspects to consider when evaluating FXOpen’s Forex Trading Rebate Program is the high commission rates offered. Partners can earn up to 52.5% of FXOpen’s ECN commission, adding to a substantial income stream.

This is especially profitable when you consider the multi-level structure, which allows you to earn money from direct referrals and traders who join at higher levels.

 

✅ Diversity of Trading Instruments and Low Minimum Deposit

 

Another important consideration is the variety of trading instruments available. FXOpen has over 70 trading instruments, including Forex, CFDs, metals, gas, and oil. This broad range enables traders to diversify their portfolios, spreading risk and increasing profit potential.

The low minimum deposit requirement, which begins at USD 100 for ECN accounts and USD 10 for STP and Crypto accounts, lowers the barrier to entry even further, making it accessible to traders of all skill levels.

 

 

Are FXOpen’s Forex Trading Rebates transparent?

Yes, FXOpen’s rebate program has clear terms and conditions, ensuring transparency.

 

Does FXOpen offer a tiered Forex Trading Rebate Program?

Yes, FXOpen frequently employs a tiered structure in which higher trading volumes earn higher rebates.

 

Key Factors to Consider When Evaluating FXOpen's Forex Trading Rebate Program

 

Number of Traders Participating in FXOpen Cashback Rebates and Real-Life Examples

 

We unfortunately do not know how many traders participate in FXOpen’s rebates program. However, we can provide a few examples of how this program could work in real life.

 

✅ Example 1: Individual Trader with ECN Account

 

Individual trader Lorenzo opens an ECN account with FXOpen and begins trading Forex pairs. For each trade, he pays a commission to FXOpen.

He receives up to 52.5% of the ECN commission he paid back through the rebate program. This rebate effectively lowers his trading costs, allowing him to reinvest or cash out the savings.

 

✅ Example 2: Forex Blogger as a Partner

 

Michel, a Forex blogger, joins FXOpen as a partner. She promotes FXOpen on her blog and attracts 20 new traders to open accounts.

Michel earns a commission on each trader’s transaction, starting at 2.4 pips per trade on STP accounts. Her earnings grow as her referrals trade more, providing a consistent income stream.

 

✅ Example 3: Multi-Level Earnings

 

Buletho is an experienced trader who recommends FXOpen to other traders.

He receives rebates on his trades and up to 26.25% of the ECN trading commission from traders he referred (2nd level) and up to 15% from traders referred (3rd level). This multi-tiered income structure significantly increases his overall earnings.

 

✅ Example 4: PAMM Account Manager

 

Veronica is a PAMM Account Manager associated with the FXOpen partnership program. She earns commissions for managing her PAMM accounts, which are calculated in two steps and deemed fair by industry standards.

Additionally, if any of her clients choose to become Managers or Investors in either the PAMM ECN or PAMM Crypto account types, Veronica would receive 15% of the trading commission from those specific clientele’s EQN/Crypto activity on the said account(s).

 

✅ Example 5: Crypto Trader

 

Oliver, a crypto enthusiast, trades 40+ cryptocurrency pairs on FXOpen. He benefits from the rebate program by receiving 15% to 52.5% of the first-level trading commission, depending on the volume of his trades.

 

Number of Traders Participating in FXOpen Cashback Rebates and Real-Life Examples

 

Successful Traders Benefiting from FXOpen’s Rebates – FXOpen’s Forex Trading Rebates Empowering Retail Traders for Success

 

The rebate program offered by FXOpen is a productive solution for retail traders who wish to increase their profitability and proficiently handle trading expenses. Through this commendable initiative, successful traders can attain the following benefits.

 

✅ Long-Term Sustainability

 

Long-term success in the Forex market requires retail traders to be sustainable. The rebate program provides a consistent and reliable income stream separate from trading profits, which can contribute to a trading career’s long-term sustainability.

 

✅ Cost Reduction

 

Reducing trading costs is one of the most immediate benefits of the rebate program. FXOpen effectively lowers the cost of each trade by offering commission and spread rebates.

This is especially beneficial for high-frequency traders who execute multiple daily trades, as the savings can add up over time.

 

✅ Enhanced Profitability

 

Rebates directly affect a trader’s bottom line. Traders can increase their profitability by receiving a percentage of their trading commission. This is especially significant for traders who work with thin margins, where every pip counts.

 

✅ Incentive for Volume Trading

 

FXOpen’s rebate program structure frequently rewards higher trading volumes with higher rebates. This incentivizes traders to increase their trading activity, which can lead to increased profits if done correctly.

 

✅ Risk Management

 

The rebate program has a broader application in risk management, where recuperated funds can be diverted toward trading accounts to acquire supplementary capital.

These additional resources may have a twofold utility by safeguarding positions or expanding an investment portfolio’s variety. The benefits of this strategy are particularly significant during periods marked by heightened market volatility.

 

✅ Strategy Optimization

 

Successful traders use a wide variety of trading methods that are customized to suit different market situations. Rebates allow them to try out novel approaches without incurring extra costs, allowing traders to improve their strategies and minimize financial risks.

 

Successful Traders Benefiting from FXOpen's Rebates - FXOpen's Forex Trading Rebates Empowering Retail Traders for Success

 

Number of Traders participating in FXOpen Cashback Rebates

 

FXOpen serves brokers from around the world. However, how many registered clients use the FXOpen rebates program is uncertain.

 

Number of Traders participating in FXOpen Cashback Rebates

 

 

Detailed Summary of FXOpen

 

🔎 HeadquarteredUnited Kingdom, Australia, Saint Kitt, and Nevis
🌎 Global OfficesUnited Kingdom, Australia, Saint Kitt, and Nevis
📈 Year Founded2005
📉 Regional RestrictionsUnited States
☪️ Islamic Account✅ Yes
🆓 Demo Account✅ Yes
⏰ Non-expiring Demo✅ Yes
🕰️ Demo DurationUnlimited
🔟 Retail Investor Accounts4 Retail, 3 PAMM
📌 PAMM Accounts✅ Yes
📍 Order ExecutionInstant, Market
📊 OCO Orders✅ Yes
🫰🏻 One-Click Trading✅ Yes
▶️ Scalping Allowed✅ Yes
⏩ Hedging Allowed✅ Yes
📰 News Trading Allowed✅ Yes
➡️ Expert Advisors (EAs) Allowed✅ Yes
↘️ Trading API✅ Yes
↪️ Cashback Forex Calculator offeredNone
💴 Cashback Forex Lot Size CalculatorNone
💵 Cashback Forex Compounding CalculatorNone
📈 Starting spread0.0 pips (floating)
📉 Minimum Commission per TradeFrom $1.5 - $3.5, according to the account balance
💹 Decimal PricingFifth decimal pricing after the coma
📊 Margin Call100% - 20%
⛔ Stop-Out50% - 10%
⬇️ Minimum Trade Size0.01 lots
⬆️ Maximum Trade SizeUnlimited
🪙 Crypto trading offered✅ Yes
📌 Maximum Leverage1:500
📍 Leverage RestrictionsNo
🅰️ Minimum Deposit (USD)$1
🅱️ Minimum Withdrawal TimeInstant
▶️ Maximum Estimated Withdrawal Time1 – 7 working days
⏩ Instant Deposits and Instant Withdrawals✅ Yes
🔃 Segregated Accounts✅ Yes
⏰ Trading Platform TimeUTC +3
#️⃣ Observe DST Change✅ Yes
*️⃣ Customer Support LanguagesMultilingual
🚩 Copy Trading Support✅ Yes
📈 Customer Service Hours24/5
🎁 Bonuses and PromotionsNone currently
🖍️ Education for beginners✅ Yes
💻 Proprietary trading softwareNone
🖥️ Is FXOpen a safe broker for traders✅ Yes
🔟 Rating for FXOpen8/10
💯 Trust score for FXOpen89%

 

Detailed Summary of FXOpen

 

Geolocation of Traders

 

Most of FXOpen’s market share is concentrated in these areas:

 

  • ✅ India – 8.56%
  • ✅ Vietnam – 7.32%
  • ✅ Russia – 7.24%
  • ✅ Canada – 6.28%

 

 

FXOpen Current Expansion Focus

 

  • ✅ FXOpen is currently expanding across Australia and Europe.

 

Countries not accepted by FXOpen

 

  • ✅ FXOpen does not accept traders from the United States.

 

Popularity among traders who choose FXOpen

 

FXOpen currently ranks among the top 1,000 CFD and Forex Brokers globally.

 

Geolocation of Traders

 

Advantages that FXOpen has over Competitors

 

FXOpen has the following advantages over its competitors:

 

  • ✅ FXOpen offers some of the tightest spreads in the market, particularly for their ECN accounts. This means that traders can earn more profit due to lower trading costs.
  • ✅ FXOpen offers a variety of trading accounts, including ECN, STP, and Crypto accounts, allowing traders to choose an account that best suits their trading style and preferences.
  • ✅ FXOpen provides traders with various funding options, including bank transfers, credit cards, and e-wallets. This ensures that traders can easily deposit and withdraw funds without obstacles.
  • ✅ FXOpen prides itself on transparent pricing, providing traders with a clear understanding of the costs associated with trading. This means that traders can make informed decisions about their trading strategies.
  • ✅ FXOpen offers competitive trading conditions, including low commissions and leverage of up to 1:500. This allows traders to maximize their profits while minimizing risk exposure.

 

 

FXOpen provides excellent customer support, with dedicated professionals available to assist traders with any issues or queries. This ensures traders can focus on their trading strategies without worrying about logistical or technical obstacles.

 

Advantages that FXOpen has over Competitors

 

Who will Benefit from Trading with FXOpen?

 

Although FXOpen does offer some educational resources, it is important to note that it does not have as extensive a range as some other brokers.

As such, traders with moderate to advanced experience in the industry may derive the greatest benefit from the range of trading accounts, features, and conditions that FXOpen provides to its clients.

 

Who will Benefit from Trading with FXOpen

 

How to Maximize Your Savings with Forex Trading Rebates at FXOpen

 

Ways to Maximize your savings with Forex Trading Rebates at FXOpen include:

 

  • ✅ With a USD 100 minimum deposit requirement for ECN accounts and USD 10 for STP and Crypto accounts, you can start small and still benefit from rebates.
  • ✅ New traders are given a $10 welcome bonus, which they can use to open positions and earn rebates immediately.
  • ✅ When compared to STP accounts, ECN accounts offer higher rebate percentages. Consider using an ECN account if you are a high-frequency trader to maximize rebates.
  • ✅ Keep a close eye on the detailed statistics in your personal FXOpen account. This will allow you to keep track of your rebates and adjust your trading strategy accordingly.
  • ✅ The rebate program at FXOpen offers up to 52.5% of ECN commission on the first level, 26.25% on the second level, and 15% on the third level. You can maximize your rebate earnings by referring multiple traders through this multi-level structure.

 

 

Due to their high trading volume, trading pairs such as EUR/USD, which have narrow spreads starting at 0 pips, can maximize your rebate returns.

 

 

How can I track my accumulated Forex Trading Rebates at FXOpen?

FXOpen provides a dashboard where you can track your rebates.

 

Can I earn rebates on both winning and losing trades at FXOpen?

Yes, both winning and losing trades are eligible for FXOpen rebates.

 

 

How to Maximize Your Savings with Forex Trading Rebates at FXOpen

 

FXOpen Regulation and Safety of Funds

 

FXOpen Global Regulations

 

🔎 Registered Entity🌎 Country of Registration📌 Registration Number📍 Regulatory Entity📈 Tier📊 License Number/Ref
🅰️ FXOpen LtdUnited Kingdom07273392FCA1579202
🅱️ FXOpen AU Pty LtdAustraliaABN 61 143 678 719ASIC1AFSL 412871

 

How FXOpen Protects Traders and Client Funds

 

🔎 Security Measureℹ️ Information
🔒Segregated Accounts✅ Yes
🔏 Compensation Fund Member✅ Yes (The Financial Commission)
🔐 Compensation Amount20,000 EUR
🔓 SSL Certificate✅ Yes
🔒2FA (Where Applicable)✅ Yes
🔏 Privacy Policy in Place✅ Yes
🔐 Risk Warning Provided✅ Yes
🔓 Negative Balance Protection✅ Yes
🔒 Guaranteed Stop-Loss OrdersNone

 

FXOpen goes above and beyond to strengthen its trading platform with cutting-edge security measures. By utilizing cutting-edge encryption algorithms, the broker ensures that data exchanges between traders and the platform are impenetrable.

This level of digital fortification is bolstered further by adherence to stringent regulatory standards, which improves the broker’s reputational integrity.

FXOpen distinguishes itself by segregating client capital from operational assets, a practice that complies with financial regulations and adds an extra layer of safety for traders. Your funds are only used for trading and are not subject to any financial irregularities that may affect the company.

FXOpen provides advanced risk management tools, including customizable stop-loss and take-profit settings, to help traders mitigate risk. Furthermore, the broker strengthens account access with two-factor authentication (2FA), adding an extra layer of security beyond simple passwords.

 

 

What compliance measures does FXOpen follow?

To ensure a secure trading environment, FXOpen follows KYC and AML regulations.

 

Does FXOpen offer negative balance protection?

Yes, FXOpen provides negative balance protection to keep your account from becoming insolvent.

 

FXOpen Regulation and Safety of Funds

 

FXOpen Awards and Recognition

 

According to FXOpen’s website, the company has been recognized for the following honors in recent years as a broker:

 

  • ✅ Best ECN Broker 2019, UK Forex Awards.
  • ✅ Best Forex Broker in the Middle East 2018, Egypt Investment Expo.
  • ✅ Best Islamic Forex Broker 2018, ForexTraders.com.
  • ✅ Best ECN Broker Asia 2018, IBM FX Awards.
  • ✅ Best ECN Broker 2017, IAFT Awards.

 

 

and many more!

 

FXOpen Awards and Recognition

 

FXOpen Account Types and Features

 

🔎 Live Account💴 Minimum Dep.📈 Average Spread💶 Commissions💷 Average Trading Cost
🥇 Micro$10.0 pipsNone1 USD
🥈 STP$101 pipFrom 0.1% of Crypto10 USD
🥉 ECN$1000.0 pips$1.515 USD
🏅 Crypto$101 pip0.5% trade volumeVariable

 

FXOpen Account Types and Features

 

FXOpen Micro Account

 

FXOpen offers Micro forex accounts denominated in US cents, featuring a minimal initial deposit of $1, small transaction sizes, and low margin requirements. Despite their low financial barrier to entry, Micro forex accounts offer trading conditions comparable to those of STP accounts.

Furthermore, this makes them a useful option for novice traders seeking to learn and seasoned professionals seeking to test new strategies, indicators, and expert advisors with minimal risk.

 

The FXOpen Micro Account has the following features:

 

💴 Minimum Deposit Required1 USD
💵 Account Base CurrencyUSD
💶 Maximum Account Balance$3,000 (leverage decreases to 1:100 if this is exceeded)
📈 SpreadVariable, from 0.0 pips
📉 Commission FeeNone
📊 Quote Format0.12345
➡️ Trade ExecutionInstant
⬇️ Minimum Position Size0.01 micro-lots
⬆️ Maximum Position Size$1,000,000
📌 Maximum Leverage1:500
📍 Margin Call20%
⛔ Stop-Out10%
▶️ Maximum Open Orders Allowed100
🆓 Availability of Demo AccountNone
☪️ Availability of Islamic Account✅ Yes
🎁 Access to Bonuses✅ Yes
💹 Expert Advisors Allowed✅ Yes
📈 Scalping and Hedging Allowed✅ Yes
📰 News Trading AllowedNone
☎️ Telephone Trading Allowed✅ Yes
⏰ Trading TimeMidnight on Monday – 10h59 pm Friday

 

FXOpen Micro Account

 

FXOpen STP Account

 

The STP account is intended for traders who prefer a simple trading experience with no trading commissions. It has a low minimum deposit requirement of USD 10 and leverage up to 1:500.

Partners can earn a commission as low as 2.4 pips per trade, making it an affordable option for new and experienced traders.

 

The STP Account has the following unique features:

 

💴 Minimum Deposit Required10 USD
💵 Account Base CurrencyUSD, EUR, GBP, JPY, RUB, CHF, Gold
💶 Maximum Account BalanceNone
📈 SpreadVariable, from 1 pip
📉 Commission FeeFrom 0.1% of Crypto
📊 Quote Format0.12345
➡️ Trade ExecutionMarket
↘️ Minimum Position Size0.01 micro-lots
↪️ Maximum Position SizeNone
💹 Maximum Leverage1:500
▶️ Margin Call50%
⛔ Stop-Out30%
➕ Maximum Open Orders Allowed100
🆓 Availability of Demo Account✅ Yes
☪️ Availability of Islamic Account✅ Yes
🎁 Access to Bonuses✅ Yes
💱 Expert Advisors Allowed✅ Yes
📌 Scalping and Hedging Allowed✅ Yes
📰 News Trading Allowed✅ Yes
☎️ Telephone Trading Allowed✅ Yes
⏰ Trading TimeMidnight on Monday – 10h59 pm Friday

 

FXOpen STP Account

 

FXOpen ECN Account

 

The ECN account is designed for professional and high-frequency traders. It provides raw spreads beginning at 0 pips for EUR/USD and a diverse selection of over 70 trading instruments.

Partners can earn up to 52.5% of FXOpen’s ECN commission with a minimum deposit of USD 100. This account type creates a more transparent trading environment by connecting traders directly with liquidity providers.

 

The FXOpen ECN Account has the following unique features.

 

💴 Minimum Deposit Required100 USD
💵 Account Base CurrencyUSD, AUD, CHF, EUR, GBP, JPY, RUB, SGD, Gold, mBTC
💶 Maximum Account BalanceNone
📈 SpreadVariable, from 0.0 pips
📉 Commission FeeFrom $1.5 - $3.5, according to the account balance
📊 Quote Format0.12345
➡️ Minimum Position Size0.01 micro-lots
↘️ Maximum Position SizeNone
↪️ Maximum Leverage1:500
📌 Margin Call100%
⛔ Stop-Out50%
➕ Maximum Open Orders Allowed100
🆓 Availability of Demo Account✅ Yes
☪️ Availability of Islamic AccountYes (Additional Commissions equal to swap rates will apply)
🎁 Access to Bonuses✅ Yes
▶️ Expert Advisors Allowed✅ Yes
⏩ Scalping and Hedging Allowed✅ Yes
📰 News Trading Allowed✅ Yes
☎️ Telephone Trading Allowed✅ Yes
⏰ Trading TimeMidnight on Monday – 10h59 pm Friday

 

FXOpen ECN Account

 

FXOpen Crypto Account

 

The Crypto account is designed specifically for cryptocurrency trading. It has a low USD 10 minimum deposit and access to over 40 cryptocurrency pairs, including BTC, ETH, and Ripple.

Partners can earn between 15% and 52.5% of trading commission based on the number of referrals they make. This account is ideal for traders looking to diversify their portfolios by investing in digital assets.

The Crypto Account has the following unique features:

 

💴 Minimum Deposit Required10 USD
💵 Maximum Account BalanceNone
📈 SpreadVariable, from 1 pip
📉 Commission Fee0.5% half-turn
📊 ExecutionMarket
➡️ Minimum Position Size0.01 micro-lots
↘️ Maximum Position SizeNone
↪️ Maximum Leverage1:3
📌 Margin Call30%
⛔ Stop-Out15%
🆓 Availability of Demo Account✅ Yes
☪️ Availability of Islamic AccountNo, Swap from 5% per year
▶️ Instruments Available43 Cryptocurrency Pairs
🎁 Access to BonusesNone
📈 Expert Advisors Allowed✅ Yes
📉 Scalping and Hedging Allowed✅ Yes
📰 News Trading Allowed✅ Yes
☎️ Telephone Trading Allowed✅ Yes
⏰ Trading Time24/7

 

FXOpen Crypto Account

 

FXOpen Demo Account

 

For traders who want to practice trading without risking real money, FXOpen provides a demo account. The demo account uses virtual funds, and traders can choose when to switch to trading with real funds.

A demo Forex account also includes real-time access to the most recent market data and the ability to create personal track records for analysis.

Traders can open a free demo account with FXOpen by following these simple steps:

Visit the official FXOpen website, choose the account type required, read and accept the important documents, complete the account opening form, and begin trading.

Furthermore, FXOpen provides two types of demo accounts that correspond to their live account types: ECN and STP. Trading on demo accounts allows new traders to gain the necessary trading skills, learn about the currency market, become familiar with the provided trading platforms without worrying about risk, and test a chosen trading strategy or trading robots.

Traders can gain access to all trading instruments and use the real MetaTrader trading terminal by opening a demo account on FXOpen.

 

FXOpen Demo Account

 

FXOpen Islamic Account

 

For Muslim traders who want to follow Sharia law, FXOpen offers Islamic accounts, also known as swap-free accounts. These accounts do not pay interest on overnight positions but charge an additional commission.

Traders who want to open an Islamic account with FXOpen must complete a registration form and provide proof of their Muslim faith. They can trade without paying interest once they have been approved. All FXOpen trading platforms support these accounts, including MetaTrader 4 and 5 and FXOpen WebTrader.

FXOpen’s Islamic accounts adhere to Sharia law while providing competitive trading conditions such as low spreads, quick execution, and no requotes. Traders can use advanced PAMM account analytics to evaluate Master’s trading from various perspectives.

It is important to note that the additional commission on Islamic accounts may differ depending on the account type and offer parameters. Spreads and commissions may also change depending on market conditions and account type.

 

FXOpen Islamic Account

 

FXOpen PAMM/MAM Accounts

 

🔎 Account💴 Master Min. Capital📈 Average Spread💵 Commissions💶 Average Trading Cost
🥇 STP$2000.0 pipsFrom 0.1% on CryptoVariable
🥈 ECN$1,0000.0 pips$1.5 half-turn15 USD
🥉 Crypto1,2001 pip0.5%Variable

 

FXOpen PAMM MAM Accounts

 

FXOpen PAMM STP

 

The PAMM STP account is intended for PAMM Managers as well as Investors. It provides a reasonable commission structure in two stages and requires a minimum manager’s capital of USD 200.

Furthermore, partners earn 2.4 pips on each closed trade, making it a profitable option for those who manage multiple trading accounts.

 

The features of the PAMM STP Account are as follows:

 

💴 Minimum Master Capital200 USD
💵 Account Base CurrencyUSD, EUR, RUB
💶 Follower Minimum DepositDepends on the offered parameter
📈 SpreadVariable, from 0.0 pips
📉 Commission FeeFrom 0.1% of Crypto
📊 ExecutionMarket
⬇️ Minimum Position Size0.01 micro-lots
⬆️ Maximum Position SizeNone
▶️ Maximum Leverage1:100
⏩ Margin Call50%
⛔ Stop-Out30%
☪️ Availability of Islamic Account✅ Yes
💹 Expert Advisors Allowed✅ Yes
✴️ Scalping and Hedging Allowed✅ Yes
📰 News Trading Allowed✅ Yes
☎️ Telephone Trading Allowed✅ Yes
⏰ Trading TimeMidnight on Monday – 10h59 pm Friday

 

FXOpen PAMM STP

 

FXOpen PAMM ECN

 

PAMM ECN accounts are similar to PAMM STP accounts but better suited for high-frequency trading. It provides the advantages of an ECN environment, such as raw spreads and a diverse range of trading instruments.

In addition, the minimum manager’s capital requirement is USD 1,00, and partners earn 15% of the trading commission.

 

The features on this account are as follows:

 

💴 Minimum Master Capital1,000 USD
💵 Account Base CurrencyUSD, AUD, CHF, EUR, GBP, JPY, RUB
💶 Follower Minimum DepositDepends on the offered parameter
📈 SpreadVariable, from 0.0 pips
📉 Commission FeeFrom $1.5 half-turn
📊 ExecutionMarket
⬇️ Minimum Position Size0.01 micro-lots
⬆️ Maximum Position SizeNone
▶️ Maximum Leverage1:100
⏩ Margin Call100%
⛔ Stop-Out50%
☪️ Availability of Islamic Account✅ Yes
💹 Expert Advisors Allowed✅ Yes
🔢 Scalping and Hedging Allowed✅ Yes
📰 News Trading Allowed✅ Yes
☎️ Telephone Trading Allowed✅ Yes
⏰ Trading TimeMidnight on Monday – 10h59 pm Friday

 

FXOpen PAMM ECN

 

FXOpen PAMM Crypto

 

The PAMM Crypto account combines the benefits of cryptocurrency trading with the features of a PAMM account. It provides diverse cryptocurrency pairs and enables a diversified trading strategy.

Partners earn 15% of the trading commission for PAMM ECN or PAMM Crypto accounts, making it an appealing option for those interested in the Forex and cryptocurrency markets.

 

The features on the PAMM Crypto Account are as follows:

 

💴 Minimum Master Capital200 USD to create the account, 1,000 USD to create offers
💵 Account Base CurrencyUSD, AUD, CHF, EUR, GBP, JPY, RUB
💶 Follower Minimum DepositDepends on the offered parameter
📈 SpreadVariable, from 1 pip
📉 Commission Fee0.5% of the transaction volume, half-turn
📊 ExecutionMarket
➡️ Minimum Position Size0.01 micro-lots
▶️ Maximum Position SizeNone
⏩ Maximum Leverage1:3
📌 Margin Call30%
⛔ Stop-Out15%
☪️ Availability of Islamic AccountNone, Swap is 10% yearly
📍 Instruments AvailableAll crypto pairs with BTC and LTC
#️⃣ Expert Advisors Allowed✅ Yes
*️⃣ Scalping and Hedging Allowed✅ Yes
📰 News Trading Allowed✅ Yes
☎️ Telephone Trading Allowed✅ Yes
⏰ Trading Time24/7
💰 Dormant Account FeesNone

 

FXOpen PAMM Crypto

 

How to open an Account with FXOpen

 

To register a live trading account with FXOpen, you can follow these steps:

 

  • ✅ Choose a rebate provider or partner of FXOpen.
  • ✅ Open a live account with FXOpen using the referral link provided by the rebate provider of your choice. The account type can be STP, Crypto, or ECN.
  • ✅ Fill out a form or email the rebate provider to link the FXOpen account to the rebate provider.
  • ✅ Traders can begin trading once their accounts have been successfully linked. Rebates are earned on each trade and are deposited weekly or monthly into the trader’s FXOpen trading account, depending on the rebate provider.

 

 

FXOpen might perform a background check to ensure compliance with regulatory requirements.

 

 

Can I have multiple trading accounts with FXOpen?

Yes, traders can have multiple accounts with FXOpen.

 

Does FXOpen offer account customization?

Yes, FXOpen allows for some account customization, which is especially useful for high-volume traders.

 

 

How to open an Account with FXOpen

 

FXOpen vs. Other Notable Brokers

 

🔎 Broker🥇 FXOpen🥈 Axiory🥉 FBS
📈 RegulationASIC, FCAFSC Belize, FSC Mauritius, FCAIFSC, CySEC, ASIC, FSCA
📉 Withdrawal Fee✅ Yes✅ Yes✅ Yes
📊 Demo Account✅ Yes✅ Yes✅ Yes
💴 Min Deposit$1$10$1
📌 Leverage1:5001:777 MaximumUp to 1:3000
📍 SpreadFrom 0.0 pipsFrom 0.13From 0.0 pips
💵 CommissionsFrom $1.5From $0.04From $6
💻 Order ExecutionInstant, MarketMarketMarket
🎁 No-Deposit BonusNoneNone✅ Yes
🪙 Cent Accounts✅ YesNone✅ Yes
⏰ Customer Service Hours24/524/524/7
↪️ Retail Investor Accounts4 retail, 3 PAMM56
☪️ Islamic Account✅ Yes✅ Yes✅ Yes
⬇️ Minimum Trade Size0.01 lots0.01 lots0.01 lots
⬆️ Maximum Trade SizeUnlimited1 standard lot500 lots
🕰️ Min. Withdrawal TimeInstantInstant15 to 20 minutes (maximum 48 hours)
➕ Max. Withdrawal Time1 – 7 working daysUp to 10 working daysUp to 7 days
💳 Instant Withdrawals✅ Yes✅ YesInstant Deposits

 

FXOpen Trading Platforms

 

FXOpen offers traders a choice between these trading platforms:

 

  • ✅ MetaTrader 4
  • ✅ MetaTrader 5
  • ✅ TickTrader
  • WebTrader
  • TradingView

 

 

FXOpen MetaTrader 4

 

MetaTrader 4 is a popular trading platform fully integrated with FXOpen account types such as STP and ECN. The platform enables traders to benefit from FXOpen’s competitive spreads and high leverage, increasing their chances of earning rebates.

Partners can easily track commissions and rebates directly within the MT4 interface, making earnings management simple. MT4 provides a seamless trading experience that complements FXOpen’s rebate program thanks to its user-friendly interface and robust analytical tools.

 

FXOpen MetaTrader 4

 

FXOpen MetaTrader 5

 

MetaTrader 5 is a more advanced version of MT4 that includes more timeframes and technical indicators. It works with FXOpen’s ECN accounts, giving traders raw spreads and direct market access.

The FXOpen multi-level rebate structure is also supported by the MT5 platform, allowing partners to earn up to 52.5% of trading commission on ECN accounts. Its improved charting capabilities and algorithmic trading options make it an effective platform for increasing rebate earnings.

 

FXOpen MetaTrader 5

 

FXOpen TickTrader

 

The TickTrader platform is exclusively developed by FXOpen and equipped with advanced charting tools, enabling traders to execute trades with a single click. Moreover, the software offers full support for FXOpen’s Crypto accounts that can help users earn profits from volatile cryptocurrency markets effectively.

Additionally, partners could benefit from utilizing TickTrader since it collaborates with FXOpen’s rebate program that provides commissions on crypto trading activities. It emphasizes improving trading speed and effectiveness, particularly for earning benefits in unstable digital asset platforms.

 

FXOpen TickTrader

 

FXOpen WebTrader

 

FXOpen WebTrader ensures a seamless trading experience across all devices, hassle-free and without downloads. FXOpen Web is compatible with account types such as Crypto and PAMM accounts, allowing you to keep track of rebates and commissions in real time for effortless earning monitoring.

The customizable interface is intuitive, ensuring accessibility while simplifying your life by making the platform user-friendly- perfect for those valuing easy trading.

 

FXOpen WebTrader

 

TradingView

 

TradingView is integrated with the trading conditions of FXOpen and includes a social networking component that allows traders to share strategies and insights. It supports all FXOpen account types and provides advanced charting tools that can be tailored to individual trading preferences.

Furthermore, TradingView is especially useful for FXOpen rebate program partners because it provides detailed analytics for tracking commissions and optimizing trading strategies for maximum rebates.

 

 

Are custom indicators supported on FXOpen’s platforms?

Yes, custom indicators and scripts are supported on FXOpen’s MetaTrader platforms.

 

How secure are FXOpen’s trading platforms?

To ensure the security of its trading platforms, FXOpen uses high-level encryption.

 

 

TradingView

 

 

Which Markets Can You Trade with FXOpen?

 

Traders can expect the following range of markets from FXOpen:

 

  • ✅ Forex
  • ✅ Indices
  • ✅ Commodities
  • ✅ Shares
  • ✅ ETFs
  • ✅ Cryptocurrencies

 

 

Financial Instruments and Leverage offered by FXOpen

 

🔎 Instrument🅰️ Number of Assets Offered🅱️ Max Leverage Offered
📈 Forex501:500
📉 Indices101:100
🍎 Commodities51:500
📊 Shares600+1:5
📌 ETFs371:5
🪙 Cryptocurrencies271:3

 

 

What forex pairs can I trade with FXOpen?

FXOpen provides a diverse selection of forex pairs, including major, minor, and exotic pairs.

 

Does FXOpen offer cryptocurrency trading?

Yes, FXOpen allows you to trade cryptocurrencies such as Bitcoin and Ethereum.

 

What financial instruments can I trade with leverage at FXOpen?

FXOpen allows you to trade forex, commodities, and indices with leverage.

 

Is the leverage adjustable at FXOpen?

Yes, you can change your leverage settings in your FXOpen account.

 

 

Which Markets Can You Trade with FXOpen

 

FXOpen Trading and Non-Trading Fees

 

FXOpen Spreads

 

FXOpen has variable spreads that differ according to the account type, financial instrument, and market conditions on the trading day. These are some of the typical spreads that traders can expect when they trade with FXOpen:

 

🔎 Instrument🥇 Micro🥈 STP🥉 ECN🏅 Crypto🥇 PAMM STP🥈 PAMM ECN🥉 PAMM Crypto
💴 EUR/USD0.0 pips1 pip0.0 pipsN/A1 pip0.0 pipsN/A
💵 XAU/USDN/A1 pip1 pipN/A1 pip1 pipN/A
💶 XAG/USDN/A5 pips5 pipsN/A5 pips5 pipsN/A
💷 BTC/EURN/AN/AN/A1 pipN/AN/A0.0 pips
💴 BTC/USDN/AN/AN/A1 pipN/AN/A0.0 pips

 

FXOpen Commissions

 

FXOpen offers commission-free trading on the Micro Account but charges commissions on the ECN, Crypto, PAMM ECN, and PAMM Crypto accounts as follows:

 

🔎 Instrument🥇 Micro🥈 STP🥉 ECN🏅 Crypto🥇 PAMM STP🥈 PAMM ECN🥉 PAMM Crypto
💴 EUR/USD0.0 pips1 pip0.0 pipsN/A1 pip0.0 pipsN/A
💵 XAU/USDN/A1 pip1 pipN/A1 pip1 pipN/A
💶 XAG/USDN/A5 pips5 pipsN/A5 pips5 pipsN/A
💷 BTC/EURN/AN/AN/A1 pipN/AN/A0.0 pips
💴 BTC/USDN/AN/AN/A1 pipN/AN/A0.0 pips

 

ECN Accounts Forex Commission

 

🅰️ Account Balance🅱️ The commission per 1 lot traded (100,000 units)
💴 <$1,000$3.50
💵 $1,000 - $25,000$2.50
💶 $25,000 - $250,000$1.80
💷 $250,000>$1.50

 

Discounted Commission for High-Volume Traders

 

🔎 Account Balance💴 $5 Million💵 $5 - $25 million💶 $25 - $250 Million💷 $250 Million>
💴 <$1,000$3.50$3.50$1.80$1.50
💵 $1,000 - $25,000$2.50$2.50$1.80$1.50
💶 $25,000 - $250,000$1.80$1.80$1.80$1.50
💷 $250,000>$1.50$1.50$1.50$1.50

 

Discounted Commission on the TickTrader Platform

 

🔎 Account Balance🅰️ Market Orders🅱️ Limit Orders
💴 <$1,000$3.50$3.50
💵 $1,000 - $25,000$2.50$2.00
💶 $25,000 - $250,000$1.80$1.50
💷 $250,000>$1.50$1.00

 

ECN Accounts – CFD Commission

 

🔎 CFD💵 <$1,000💴 $1,000 - $25,000💶 $25,000>
1️⃣ US Crude0.005%0.0025%0.0018$
2️⃣ UK Brent0.005%0.0025%0.0018$
3️⃣ US Natural Gas0.005%0.0025%0.0018$

 

ECN Accounts – Share CFD Commission

 

🔎 Account Balance🟥 MT4/MT5🟧 TickTrader🟨 TickTrader Limit
💴 <$1,0000.1%0.1%0.1%
💵 $1,000 - $25,0000.1%0.1%0.08%
💶 $25,000 - $250,0000.1%0.1%0.06%
💷 $250,000>0.1%0.08%0.04%

 

STP Account – Crypto CFD Commission

 

🟥 Account Balance🟧 MT4/MT5🟨 TickTrader🟩 TickTrader Limit
💴 <$1,0000.25%0.25%0.15%
💵 $1,000 - $25,0000.25%0.25%0.10%
💶 $25,000 - $250,0000.20%0.20%0.10%
💷 $250,000>0.10%0.10%0.00%

 

Overnight Fees, Rollovers, or Swaps

 

FXOpen charges rollover fees for overnight positions. The interest rate difference between trading pair currencies determines these fees. Rollover credits are given to traders if the purchased currency has a higher interest rate than the sold currency.

These fees depend on currency pair, account type, and position size. Automatically calculated and shown in account statements. Traders should consider these fees when planning trading strategies and risk management because they can significantly impact profitability, especially for long-term positions.

 

Deposit and Withdrawal Fees

 

Deposit Fees

 

FXOpen charges the following deposit fees:

 

  • ✅ Debit/Credit Cards – 7% + 0.15 EUR or USD
  • ✅ WebMoney – 4%
  • ✅ ADVCash – 0.5%
  • ✅ Bitcoin – 0.0001 BTC
  • ✅ Ethereum – 5 UST/0.001 ETH
  • ✅ Tether – 5 UST/5USDT

 

 

Withdrawal Fees

 

FXOpen charges the following deposit fees:

 

  • ✅ Debit/Credit Cards – 3.5% + 3.5 USD or EUR
  • ✅ PayPaid – 2%
  • ✅ WebMoney – 0.8%
  • ✅ FasaPay – 0.5%
  • ✅ ADVCash – 0.5%
  • ✅ Bitcoin – 0.0005 BTC
  • ✅ Bitcoin Cash – 0.0005 BCH
  • ✅ Litecoin – 0.005 LTC
  • ✅ Emercoin – 0.1 EMC
  • ✅ Ethereum – 0.005 ETH/15 UST
  • ✅ Tether – 15 USDT/15UST

 

 

Inactivity Fees

 

FXOpen charges the following Maintenance and Inactivity Fees:

 

  • ✅ Micro Account – 10 USD Maintenance, 50 USD reactivation
  • ✅ STP Account – 10 USD Maintenance, 50 USD reactivation
  • ✅ ECN Account – 10 USD Maintenance, 50 USD reactivation
  • ✅ PAMM STP – 10 USD Maintenance, 50 USD reactivation
  • ✅ PAMM ECN – 10 USD Maintenance, 50 USD reactivation

 

 

Currency Conversion Fees

 

Currency Conversion fees will apply if traders deposit and withdraw in currencies other than their set base account currency.

 

 

What are the withdrawal fees at FXOpen?

Withdrawal fees at FXOpen vary depending on the method of withdrawal used.

 

Is there a fee for order modification at FXOpen?

No, order modifications and cancellations are free of charge at FXOpen.

 

 

FXOpen Trading and Non-Trading Fees

 

Calculating Forex Trading Rebates with FXOpen

 

FXOpen has a rebate program that allows traders to recoup some of their trading expenses. These rebates can significantly benefit both retail and professional traders because they effectively reduce trading costs and improve overall profitability.

Depending on your account type with FXOpen, the rebates are typically calculated based on trading volume or commission paid.

 

Examples of How FXOpen Rebates Can Be Calculated

 

✅ ECN Account

 

Assume you have an ECN account with a $1.5 per lot commission fee. Your total commission would be $15 if you traded 10 lots of EUR/USD. If your rebate rate is 20%, you will receive a rebate of $3 ($15 x 0.20).

 

✅ STP Account

 

The rebate for an STP account may be calculated based on the spread. If the average spread for EUR/USD is 1 pip and you trade 10 lots, your total spread cost is 10 pips. If your rebate rate is 10%, you will receive a rebate of one pip (10 x 0.10).

 

✅ Crypto Account

 

The commission fee in a Crypto account is typically 0.5% of the trade volume. Your commission would be $50 if you traded $10,000 in Bitcoin. With a 15% rebate rate, you would receive $7.5 ($50 x 0.15) as a rebate.

 

✅ PAMM Accounts

 

The rebate for PAMM accounts could be a percentage of the profits earned. If you make $1,000 in profits and the rebate rate is 5%, you will receive a $50 rebate.

 

 

Do rebates at FXOpen apply to all account types?

Yes, rebates are available for most account types at FXOpen, but the rate may vary.

 

Are rebates at FXOpen credited automatically?

Yes, rebates are usually automatically credited to your FXOpen account after you close a trade.

 

 

Calculating Forex Trading Rebates with FXOpen

 

FXOpen Deposits and Withdrawals

 

Claiming and withdrawing Forex rebates at FXOpen is a simple process that involves only a few key steps. Understanding these can help you get the most out of your trading.

 

Deposits

 

FXOpen offers the following deposit and withdrawal methods:

 

  • ✅ Credit/Debit Cards
  • ✅ WebMoney
  • ✅ FasaPay
  • ✅ ADVCash
  • ✅ Cryptocurrency

 

Withdrawals

 

FXOpen offers the following deposit and withdrawal methods:

 

  • ✅ SorexPay
  • ✅ PayPaid
  • ✅ WebMoney
  • ✅ FasaPay
  • ✅ ADVCash
  • ✅ Cryptocurrency

 

How to Deposit Funds with FXOpen

 

To deposit funds to an account with FXOpen, traders can follow these steps:

 

  • ✅ If you have not already, open a trading account with FXOpen. Select the account type that best meets your trading requirements.
  • ✅ Submit the required identification documents to complete the verification process. This is critical for the safety of your funds.
  • ✅ Select your preferred payment method in the deposit section. FXOpen provides a variety of payment methods, including bank transfers, credit cards, and e-wallets.
  • ✅ Enter the deposit amount and confirm the transaction. Check to see if there are any deposit fees associated with your preferred payment method.

 

 

Check to see if you qualify for Forex rebates after successfully depositing funds. These are frequently automatically credited to your account or upon meeting certain trading volume requirements.

 

 

FXOpen Fund Withdrawal Process

 

To withdraw funds from an account with FXOpen, traders can follow these steps:

 

  • ✅ Navigate to the withdrawal section of your FXOpen account.
  • ✅ Select the withdrawal method you want to use. To simplify the process, using the same method for both deposits and withdrawals is best.
  • ✅ Enter the amount you want to withdraw. If you have any rebates to claim, ensure they are included in your withdrawal amount.
  • ✅ Submit your withdrawal request after entering all the required information. For security reasons, you may be asked to provide additional verification.
  • ✅ Examine any associated fees before confirming the withdrawal. Depending on the withdrawal method and account type, FXOpen may charge different fees.

 

 

Confirm the withdrawal once you have gone over all the details. The processing time will vary depending on the method, so check this beforehand.

 

 

How long does it take to process a rebate withdrawal at FXOpen?

The processing time for rebate withdrawals at FXOpen varies depending on the withdrawal method.

 

Can I use my rebates for trading at FXOpen?

Yes, you can use your earned rebates to trade more at FXOpen.

 

 

FXOpen Deposits and Withdrawals

 

FXOpen Education and Research

 

Education

 

FXOpen offers the following Educational Articles:

 

  • ✅ What is Forex?
  • ✅ What is a Forex Broker
  • ✅ How to start trading

 

 

and much more!

 

Research

 

FXOpen offers traders the following Research and Trading Tools:

 

  • ✅ Economic Calendar
  • ✅ Market News
  • ✅ Market Analysis
  • ✅ Market Pulse
  • ✅ Forex Forum

 

 

and much more!

 

FXOpen Education and Research

 

How to open an Affiliate Account with FXOpen

 

To register an Affiliate Account with FXOpen, traders can follow these steps:

 

  • ✅ Go to the FXOpen website and click the “Affiliate Program” button in the top menu.
  • ✅ Click on the “Join Now” button to begin the registration process.
  • ✅ Fill out the registration form with your personal information, including your name, email address, and country of residence.
  • ✅ Once you have completed the form, click the “Register” button to submit your application.
  • ✅ After submitting your application, you will receive an email from FXOpen with instructions on verifying your account.
  • ✅ Follow the verification process, which typically involves providing personal identification documents such as a passport or driver’s license.

 

 

Once your affiliate account is verified, you can access the FXOpen affiliate dashboard, where you will find your unique affiliate links, promotional materials, and other tools to help you promote FXOpen and earn commissions.

 

FXOpen Affiliate Program Features

 

FXOpen offers an affiliate program with various features to help affiliates earn commissions and grow their businesses. Some of the key features of the FXOpen affiliate program include the following:

 

  • ✅ Competitive commission rates: FXOpen offers competitive commission rates that allow affiliates to earn commissions on their referred clients’ trading activity.
  • ✅ Flexible commission structures: Affiliates can choose between CPA (cost-per-acquisition) and revenue share commission structures, depending on their preferences and business models.
  • ✅ Real-time reporting: The FXOpen affiliate dashboard gives affiliates real-time reporting on their referred clients’ trading activity and commissions earned.
  • ✅ Customizable promotional materials: FXOpen provides affiliates with various promotional materials, including banners, widgets, landing pages, and other marketing tools.
  • ✅ Referral tracking: FXOpen uses advanced tracking technology to ensure accurate tracking of affiliate referrals and commissions.
  • ✅ Multi-level affiliate program: FXOpen offers a multi-level affiliate program, which allows affiliates to earn commissions on the trading activity of sub-affiliates they refer to the program.

 

 

Dedicated affiliate support: FXOpen provides dedicated support to its affiliates, including access to an affiliate manager, promotional material design, and assistance with marketing strategies.

 

How to open an Affiliate Account with FXOpen

 

FXOpen Customer Support

 

FXOpen offers a range of customer support options to help its clients with any issues or questions. These support options include:

 

  • ✅ FXOpen offers live chat support, which allows clients to connect with customer support representatives in real time and receive immediate assistance.
  • ✅ Clients can also email FXOpen’s customer support team and typically receive a response within 24 hours.
  • ✅ FXOpen provides phone support to clients in several countries, with dedicated phone numbers for each region.
  • ✅ FXOpen maintains a knowledge base that answers frequently asked questions and detailed guides and tutorials on trading and using the FXOpen platform.

 

 

Clients can also connect with FXOpen on social media platforms such as Facebook, Twitter, and Instagram to ask questions and receive updates on the latest news and events.

 

 

How quickly does FXOpen’s customer support respond?

FXOpen strives to respond to customer inquiries promptly, typically within a few hours.

 

Can I reach FXOpen’s customer support during weekends?

No, FXOpen’s customer service is typically unavailable on weekends when the forex market is closed.

 

 

FXOpen Customer Support

 

 

Legal and Tax Implications – Understanding Forex Trading Rebates with FXOpen

 

Forex trading rebates are a common method for recovering some trading expenses incurred during trading activities. However, it is essential to understand the legal and tax implications of these rebates, particularly when trading with FXOpen.

 

Legal Considerations

 

  • ✅ FXOpen should disclose how rebates are computed and when they will be credited to your account. Lack of transparency may be a warning sign.
  • ✅ Know the procedure for resolving any disputes regarding your rebates. FXOpen should have a transparent and equitable dispute resolution system in place.
  • ✅ It is essential to read the terms and conditions associated with rebates before you begin trading. Ensure that rebates are included in the terms of your contract with FXOpen.

 

 

Ensure that the rebate program complies with the financial regulations applicable to your jurisdiction. Regulatory bodies may have specific guidelines regarding the offering and utilization of rebates.

 

Tax Implications

 

  • ✅ If you are trading with FXOpen from a different country, you should be aware of any double taxation treaties between your country and the country where FXOpen is registered.
  • ✅ Maintain exhaustive records of all your trading activities, including rebates received. This documentation will be indispensable when filing your taxes.
  • ✅ Forex trading rebates may be considered taxable income in certain jurisdictions. It is crucial to consult a tax professional to comprehend how these rebates will impact your tax liability.
  • ✅ In some instances, you may be able to offset rebates against trading losses, thereby reducing your taxable income. Again, consult a tax professional for individualized guidance.

 

 

Depending on your jurisdiction, you may be required to report rebates on your tax returns. Failure to comply may result in fines.

 

 

What are the legal implications if I misuse rebates at FXOpen?

FXOpen may suspend your account or take legal action if you misuse your rebates.

 

Are there any country-specific legal restrictions for rebates at FXOpen?

Yes, FXOpen may have country-specific rules governing rebate eligibility.

 

 

Legal and Tax Implications - Understanding Forex Trading Rebates with FXOpen

 

Risks and Limitations of Forex Trading Rebates at FXOpen

 

Risks

 

  • ✅ If you trade in a currency other than your account’s base currency, the conversion costs may offset the rebate’s benefits, particularly if FXOpen charges a currency conversion fee.
  • ✅ FXOpen operates in numerous jurisdictions. Any changes to rebate-related financial regulations could immediately affect your trading expenses and benefits.
  • ✅ FXOpen offers commission rates that vary based on account balance and trading volume. This variability can make it difficult for traders to precisely predict their net rebate earnings.
  • ✅ FXOpen’s discounted commission for high-volume traders may encourage inexperienced traders to take on more risk than they can handle in pursuit of higher rebates.
  • ✅ FXOpen’s rebates are typically more favorable for ECN accounts, which may not be suitable for all traders due to their complexity and higher initial deposit requirements.

 

 

Limitations

 

  • ✅ Depending on your jurisdiction, you may not be eligible for certain FXOpen rebates, limiting your potential returns.
  • ✅ FXOpen primarily offers rebates for ECN, Crypto, and select PAMM accounts. You may not be eligible for rebates if you use a Micro or STP account, limiting your options.
  • ✅ FXOpen offers rebates for various instruments, such as spot FX, Index, Commodity, etc., but not all instruments may qualify for rebates, which could constrain your trading strategy.
  • ✅ If you are already receiving other promotions or bonuses from FXOpen, you may not be eligible for rebates, or the rebates’ benefits may be diminished.
  • ✅ FXOpen may impose withdrawal or trading conditions on rebates. These conditions may include a minimum number of trades or a waiting period, impacting your liquidity.

 

 

What limitations apply to earning rebates at FXOpen?

Minimum trading volumes or specific trading pairs may be restricted at FXOpen.

 

Are rebates at FXOpen affected by market volatility?

Yes, the rate or availability of rebates at FXOpen may be affected by market conditions.

 

 

Risks and Limitations of Forex Trading Rebates at FXOpen

 

Strategies to Maximize Rebates with FXOpen

 

Strategies to Maximize Rebates with FXOpen include:

 

  • ✅ Market conditions change, and so should your strategies. Review and adjust your trading strategies regularly to maximize your rebate-earning potential.
  • ✅ FXOpen provides leverage of up to 1:500. While leverage can increase profits, it should be used cautiously. High leverage can result in larger rebates, but it also comes with greater risks.
  • ✅ FXOpen provides over 70 trading instruments. You can earn rebates from multiple sources by diversifying your trades across Forex, CFDs, metals, and other commodities.
  • ✅ The more you trade, the more rebates you will receive. High-frequency trading strategies can be especially useful for increasing your rebate earnings.
  • ✅ You will receive additional rebates if your client becomes a Manager or Investor in a PAMM account. This can be a lucrative strategy for those with a network of traders.

 

 

FXOpen offers a variety of roles, including Forex IB, CPA Partner, and Regional Representative, each with its own set of benefits and commission structures. Select the one that best fits your trading style and financial goals to maximize rebates.

 

 

Do higher trading volumes guarantee more rebates at FXOpen?

Yes, higher trading volumes can result in more rebates in general, but always refer to FXOpen’s specific terms.

 

Can I use automated trading bots to maximize rebates at FXOpen?

Yes, FXOpen typically allows automated trading, but ensure it complies with their terms for rebate eligibility.

 

 

Strategies to Maximize Rebates with FXOpen

 

 

FXOpen Alternatives

 

  • 🥇 Pepperstone is a forex and CFD broker that offers fast execution speeds, low fees, and a range of advanced trading tools and platforms.

 

 

  • 🥈 XM is a forex broker that offers a wide range of trading instruments, competitive pricing, and a variety of trading platforms.

 

 

  • 🥉 FXTM is a forex broker that offers a variety of account types, competitive pricing, and a range of educational resources and trading tools.

 

 

FXOpen Alternatives

 

FXOpen VPS Review

 

FXOpen offers free Forex VPS services for one month to clients who maintain equity of at least $5,000 in their accounts at the end of the month or have traded volumes of $10,000,000 per calendar month. If these requirements are not met, clients are subject to a fee of $30.

Furthermore, the advantages of using FXOpen’s Forex VPS service include accessibility, flexibility, and speed. However, the following conditions apply to FXOpen’s VPS:

 

  • ✅ The VPS service is available to clients with a verified e-Wallet and at least one funded account with FXOpen.
  • ✅ Third-party providers provide VPS hosting services.

 

 

FXOpen and its affiliates do not accept any liability for any delays, inaccuracies, errors, or omissions in any data provided to clients in connection with VPS hosting.

 

FXOpen VPS Review

 

FXOpen Web Traffic Report

 

🌎 Global Rank396,542
🚩 Country Rank83,866
🅰️ Category Rank1,196
🅱️ Total Visits95.1K
⚽ Bounce Rate49.63%
📈 Pages per Visit3.94
📉 Average Duration of Visit00:02:45
📊 Total Visits in the last three monthsDecember – 66.3K

January – 85.2K

February – 95.1K

 

FXOpen Web Traffic Report

 

FXOpen Pros and Cons

 

✅ Pros❎ Cons
PAMM ECN, PAMM Crypto, and PAMM STP accounts from FXOpen suit different trading stylesRebate rates and payment methods vary by rebate provider and account type
FXOpen's advanced PAMM account analytics allow for multiple Master trading evaluationsFXOpen lacks training materials for new traders
FXOpen's Cashback program lowers commissionsMinimum withdrawal commissions may apply
FXOpen offers rebates through various rebate providers to help traders make more money per tradeMarket conditions and account type affect spreads and commissions
FXOpen accepts UnionPay, AirTM, FasaPay, ADVCash, Bitcoin, and more for deposits and withdrawalsThe Micro Account is not eligible for rebates
FXOpen offers traders a safe and reliable trading environmentDeposit and withdrawal fees apply to most payment methods
FXOpen's referral program can boost traders' earningsInactivity fees apply to all account types

 

FXOpen Pros and Cons

 

FXOpen Customer Reviews

 

🥇 Great Assistance.

The process of opening and verifying my account was expedient and straightforward. As I had inquiries concerning an international bank transfer, I sought assistance from a helpful representative who promptly addressed my concerns. Following this interaction, the transfer was executed without issue. – Shirley Hudson

 

 

🥈 Exceptional.

This brokerage firm provides exceptional services, evident from my decade-long patronage. I utilize their ECN service for its highly competitive spread and appreciate their flexibility with deposit payment methods. Moreover, I have taken advantage of their PAMM service, and while some offerings are dated, they remain advantageous. Overall, their services have been exemplary. – Jed McClure

 

 

🥉 Positive.

I have been a client of FXOpen for several months, and my experience has been largely positive. While I encountered a minor issue early on, wherein the website requested additional documents despite my having completed verification, their support team quickly resolved the matter to my satisfaction. – Santiago Hoffman

 

FXOpen Customer Reviews

 

Recommendation for Improving FXOpen Cashback Rebates

 

FXOpen currently only pays rebates on Forex and Cryptocurrencies, which limits what traders can earn. Therefore, adding other asset classes could benefit traders, partners, and FXOpen.  Furthermore:

 

  • ✅ Rebate-eligible trading instruments may attract alternative asset traders. Adding cryptocurrencies, commodities, or indices could diversify the program and attract more investors.
  • ✅ The rebate program could help traders protect their capital by offering advanced risk management tools. FXOpen could educate traders on risk mitigation strategies to help them manage trading risks.
  • ✅ Regular rebate-focused webinars and seminars can keep traders engaged and informed. At these events, industry leaders, successful traders, and FXOpen representatives may discuss rebate strategies, market insights, and best practices.
  • ✅ FXOpen could improve rebate program education. Giving traders comprehensive rebate guides, tutorials, and webinars could help them maximize earnings. This helps new and experienced traders understand the program and implement effective strategies.
  • ✅ Giving rebate-seeking traders personalized guidance could improve their experience. FXOpen could offer rebate-focused account managers or support teams. These experts can help traders optimize rebate strategies based on their trading styles and goals.
  • ✅ A rebate program feedback mechanism could let traders offer suggestions and report issues. With this feedback loop, FXOpen could improve the program based on user feedback and preferences.
  • ✅ Offering more rebate options and structures may attract more customers. Tiered rebate systems or seasonal promotions could give traders more rebate options from FXOpen. This could make the show more interesting.
  • ✅ Giving traders more market insights and analysis about trading instruments may help them make better decisions. These insights could be tailored to highlight rebate program opportunities, helping people understand how to use rebates.

 

 

Partnership programs within the rebate structure could encourage traders to refer others to the platform. Traders who refer new clients may receive bonuses or rebates, building community and collaboration.

 

 

Our Review Methodology:   For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  This evaluation comprises positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements.  Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

 

 

Addendum/Disclosure:  No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

 

 

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

 

 

Our Verdict on FXOpen

 

According to our research, FXOpen Rebates is a straightforward and adaptable program designed for traders looking to supplement their income while trading in financial markets. It is suitable for both novice and experienced traders.

Traders can select from various rebate programs, such as STP, ECN, and Crypto accounts, based on their trading preferences. Transparency is a key feature, with participants able to monitor performance and track rebates thanks to detailed statistics and reporting.

The fact that FXOpen is a regulated broker adds credibility while also ensuring fund and data security. Traders should be aware, however, that trading and rebate programs are risky, and success is dependent on market conditions and trading decisions, with no guaranteed profits.

 

 

FXOpen Frequently Asked Questions

 

What are forex trading rebates?

Forex brokers like FXOpen offer rebates to traders. Each trade earns traders a portion of the broker’s commission, effectively cashback.

 

How do forex trading rebates work with FXOpen?

FXOpen traders who qualify for the rebate program can earn rebates. After enrollment, a percentage of their trading commission is credited to their account as cashback.

 

Are forex trading rebates taxable?

Yes, they can be. However, Forex trading rebates are taxed differently in different countries.

 

Are there any limitations or restrictions on using forex trading rebates?

FXOpen could have rebate program requirements like minimum trading volumes, account types, and instruments. Traders should read these terms for restrictions.

 

Are there any requirements to be eligible for forex trading rebates with FXOpen?

Forex traders with FXOpen must have an active trading account and meet rebate program requirements to receive rebates. This may include minimum deposits and trading volume targets.

 

Can I combine forex trading rebates with other promotions or bonuses FXOpen offers?

Depending on the terms, depending on the terms, Forex trading rebates could be combined with other FXOpen promotions or bonuses. To ensure compatibility, traders should review the rebate program and other promotion guidelines.

 

Will my spreads or commissions increase if I use a rebate provider?

No, spreads and commissions on your FXOpen account will remain unchanged.

 

How are forex trading rebates credited to my account with FXOpen?

FXOpen rebates are usually credited to traders’ accounts. Rebate payouts are usually done daily, weekly, or monthly.

 

How are FXOpen rebates paid?

Rebate providers automatically pay FXOpen rebates monthly.

 

How can I sign up for forex trading rebates with FXOpen?

Forex traders can enroll in FXOpen’s rebate program through their trading account. They may need broker-specified requirements.

 

How can I track and monitor my forex trading rebates with FXOpen?

FXOpen typically gives traders a dashboard or account portal to track rebate earnings. This portal may show real-time statistics, transaction history, and more.

 

Are there any conditions for receiving FXOpen rebates?

Some rebate providers require a minimum payment or monthly trades for FXOpen rebates.

 

What payment options are available for FXOpen rebates?

Payment options for FXOpen rebates vary by provider. Payment methods include bank wire, PayPal, Skrill, Sticpay, China UnionPay, and Neteller.

 

How much can I earn through forex trading rebates with FXOpen?

You could earn up to 52.5% commission on the ECN Accounts, 2.4 pips per trade on STP, between 15% – 52.5% on crypto accounts, and up to 2.4 pips or 15% commission on the PAMM ECN and Crypto Accounts.