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OpenFX Forex Broker keeps up-to-date with the latest trading account information, including Investment Premium, Standard Classic, Professional Pro maximum leverage of 200:1, trading varieties, and more

Rating Index

Pros

Multiple account types catering to different trading needs.
Good customer support with online assistance in multiple languages.
Established regulatory oversight by the National Bank of the Republic of Belarus (NBRB).

Cons

Limited deposit and withdrawal methods, excluding options like Skrill or cryptocurrency.
Higher spreads and commissions compared to some competitors, increasing trading costs.
Relatively low overall ratings from review platforms, indicating potential concerns among users.

OpenFX broker Accounts

Investment Premium

Environment
--
Currency
--
Maximum Leverage
200:1
SupportedEA
Minimum Deposit
1 000 USD/EUR
Minimum Spread
from 0.0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Standard Classic

Environment
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
100 USD/EUR
Minimum Spread
from 2.4
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Professional Pro

Environment
--
Currency
--
Maximum Leverage
1:200
SupportedEA
Minimum Deposit
1 000 USD/EUR
Minimum Spread
from 0.0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

OpenFX Account Types

OpenFX offers three different account types designed to cater to various trading needs and experience levels:

  • Investment Premium Account
    • Minimum Deposit: 1,000 USD/EUR
    • Maximum Leverage: 200:1
    • Minimum Spread: From 0.0
    • Supported EA Trading: Yes
    • Scalping Allowed: Yes
    • Standard Classic Account
      • Minimum Deposit: 100 USD/EUR
      • Maximum Leverage: 1:100
      • Minimum Spread: From 2.4
      • Supported EA Trading: Yes
      • Scalping Allowed: Yes
      • Professional Pro Account
        • Minimum Deposit: 1,000 USD/EUR
        • Maximum Leverage: 1:200
        • Minimum Spread: From 0.0
        • Supported EA Trading: Yes
        • Scalping Allowed: Yes

        These account types provide traders with flexibility in terms of trading strategies and capital requirements.

        OpenFX Broker Account Opening Process

        Opening an account with OpenFX is a straightforward and digital process. Here are the steps to follow:

        • Visit the OpenFX Website
          • Go to OpenFX and navigate to the account registration section.
          • Choose Your Account Type
            • Select one of the available account types (Investment Premium, Standard Classic, or Professional Pro) based on your trading preferences and minimum deposit.
            • Complete the Registration Form
              • Fill in your personal information, including your name, email address, and phone number.
              • Verification Process
                • After submitting the form, you will receive a verification email. Click on the link to activate your account. You will also need to provide identification documents for verification.
                • Fund Your Account
                  • Once your account is verified, you can deposit funds using various payment methods. The minimum deposit depends on the account type chosen.
                  • Start Trading
                    • After funding your account, you can log in to the trading platform and begin trading.

                    This process ensures that you have a secure and efficient setup to start your trading journey with OpenFX.

OpenFX accounts can be viewed for products that can be traded -- accounts with a minimum deposit of 1 000 USD/EUR by (2+) --.
OpenFX Account