FXOpen broker Accounts

FXOpen Account Types

FXOpen offers a variety of account types to cater to different trading needs and experience levels. The main account types include:

1. Micro Account

• Minimum Deposit: $1
• Maximum Balance: $3,000
• Spread Type: Floating
• Commission: None
• Leverage: Up to 1:500
• Trading Instruments: 28 currency pairs, gold, and silver
• Suitable for: Beginners looking to trade with minimal risk.

2. STP Account

• Minimum Deposit: $10
• Maximum Balance: Unlimited
• Spread Type: Floating
• Commission: None
• Leverage: Up to 1:500
• Trading Instruments: 50 currency pairs, gold, and silver
• Suitable for: Traders who prefer direct market access without commissions.

3. ECN Account

• Minimum Deposit: $100
• Maximum Balance: Unlimited
• Spread Type: Floating, starting from 0.0 pips
• Commission: From $1.50 per lot
• Leverage: Up to 1:500
• Trading Instruments: Over 50 currency pairs, CFDs on stocks, indices, commodities, and cryptocurrencies
• Suitable for: Experienced traders seeking optimal trading conditions.

4. Crypto Account

• Minimum Deposit: $10
• Maximum Balance: Unlimited
• Spread Type: Floating
• Commission: 0.5% of trade volume
• Leverage: Up to 1:3
• Trading Instruments: 43 cryptocurrency pairs, including Bitcoin, Ethereum, and Litecoin
• Suitable for: Traders interested in cryptocurrency trading.

FXOpen Broker Account Opening Process

To open an account with FXOpen, follow these steps:

1. Register:

• Visit the FXOpen website and click on "Open an Account."
• Complete the registration form with your email address, phone number, and anti-spam code.
• A temporary password will be generated for your account.

2. Verify:

• Log into your account and confirm your email address.
• Upload the required documents for verification, including proof of identity and proof of address.

3. Fund and Trade:

• After verification, fund your account using one of the available payment methods.
• Start trading by selecting your preferred account type and downloading the trading platform (MT4, MT5, or Tick Trader).