OpenMarkets Forex Broker

OpenMarkets Review SummaryFounded2004Registered Country/RegionAustraliaRegulationASIC (exceeded)Services Enterprise APIs, Execution, Managed Accounts, Onboarding, Order Manager, Risk ManagementCustomer SupportContact formPhone: +61 381997700, +61 1300 769 433Email: support@openmarkets.com.auAddress: Level 15, 388 George Street, Sydney NSW 2000, Australia OpenMarkets, founded in 2004 and based in Australia, is a financial services firm formerly regulated by the Australian Securities and Investments Commission (ASIC) under an Investment Advisory License, which is now listed as “exceeded”. The company offers various services such as Enterprise APIs, Execution, Managed Accounts, Onboarding, Order and Risk Management.Pros and ConsPros Cons A wide range of servicesExceeded ASIC licenseDiverse customer support channelsLack of info on trading platformsNo demo accountsLimited info on accountsLimited info on trading feesIs OpenMarkets Legit? No, at present, OpenMarkets' Investment Advisory License under ASIC has been exceeded.Regulated CountryRegulated AuthorityRegulated EntityCurrent StatusLicense TypeLicense NumberAustralian Securities and Investments Commission (ASIC)OpenMarkets Australia LimitedExceeded Investment Advisory License246705Services OpenMarkets offers diverse services including Enterprise APIs, Execution, Managed Accounts, Onboarding, Order Manager, and Risk Management.