FXOpen — where it wins, where it loses
FXOpen does not currently take a column outright against this field. It loses on published spread. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
No column where FXOpen takes the field outright.
Loses on
- published spread
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| FCA | 579202 | United Kingdom | Tier 1 | FXOpen Ltd (FXOpen UK) | register.fca.org.uk |
| CySEC | 194/13 | Cyprus | Tier 2 | FXOpen EU Ltd | cysec.gov.cy |
| None disclosed (Nevis company registration No. C 42235) | Saint Kitts and Nevis | Tier 3 | FXOpen Markets Limited (FXOpen INT) | fxopen.com |
Checkable
Facts the comparison runs on
On the record
- FXOpen UK is a trading name of FXOpen Ltd, authorised and regulated by the Financial Conduct Authority under firm reference number 579202.
- FXOpen EU Ltd holds CySEC licence 194/13 and operates under a cross-border passport.
- FXOpen INT is a trading name of FXOpen Markets Limited, a company registered in Nevis under company number C 42235, with no regulator named on the site.
- ASIC cancelled the Australian financial services licence of FXOpen AU Pty Ltd in 2024, stating the firm failed to comply with core licensee obligations (https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2024-releases/24-194mr-asic-cancels-afs-licence-of-retail-otc-derivative-issuer-fxopen-au/).
- FXOpen's UK site states that 60% of retail investor accounts lose money when trading CFDs with the provider.
| Trading since | 2005 |
|---|---|
| Base | London, United Kingdom |
| Minimum to open | not verified |
| Leverage cap | |
| EUR/USD | not verified |
| Terminals | MT4, MT5, TickTrader, TradingView |
| Account tiers | ECN, Demo |
| Record confidence | high |
| Matchup-ready | no — too many gaps to run a fair head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- minimum deposit
- maximum leverage
- EUR/USD spread
- segregated funds
- negative balance protection
- full account type list
Costs less
Who beats FXOpen on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.