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FXOpen Review: Regulation, Licences & Platforms

FXOpen is a forex and CFD broker whose parent legal entity, FXOpen Markets Limited, is based in Saint Kitts and Nevis. The broker operates internationally through several regionally regulated entities and can be found online at fxopen.com.

Regulation & licensing

FXOpen operates via multiple regulated legal entities across different jurisdictions:

  • ASIC (Australia Securities & Investment Commission), Australia β€” licence number 000412871, held by FXOpen AU Pty Ltd.
  • CySEC (Cyprus Securities and Exchange Commission), Cyprus β€” licence number 194/13, held by FXOpen EU Ltd.
  • FCA (Financial Conduct Authority), United Kingdom β€” licence number 579202, held by FXOpen Ltd.
  • FSPR (Financial Service Providers Register), New Zealand β€” registration number 192685, held by FXOPEN NZ LIMITED.

Each entity is authorised to operate within its respective jurisdiction, and the specific entity a client contracts with typically depends on their country of residence.

Trading platforms

FXOpen provides the MetaTrader 4 and MetaTrader 5 platforms.

Account types

The broker offers the following account types:

  • Elite ECN
  • Advanced ECN
  • Classic ECN
  • Basic

Before opening an account, readers are advised to verify FXOpen’s licence status directly with the relevant regulator β€” ASIC, CySEC, the FCA or the FSPR β€” using the licence numbers listed above.

Disclosure: This review may contain affiliate links. Commissions never influence our ratings β€” see our Editorial Standards. Trading CFDs involves substantial risk of loss.