FXOpen - Trading Terms - Type of accounts

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Total deals: 27715579
Total active micro accounts: 102345
Total active standard accounts: 156282

Trading Forex with FXOpen. Account types.

FXOpen is now one of the largest Forex brokers in the world enjoying unprecedented client base growth due to innovative, unique services, reliable trading conditions and strong customer support principles.

FXOpen offers different types of accounts for traders with different trading styles, objectives, starting capital, experience and skills.

Micro
Standard
ECN
PAMM
FASS Standard
FASS ESN

FXOpen Micro (Cent) accounts – the type of account with minimal initial deposit, margin to open a trade and transaction size. With just a few US dollars, newbie traders can try Forex trading without the risk to lose a lot. Micro accounts are also great for experienced traders who’d like to try new strategies.

Account	Micro Open Account
Trading platform	MetaTrader 4
Account currency	USD
Financial instruments	28 currency pairs, gold, silver. See the full list of instruments.
Pricing format	4th decimal pricing (0.1234)
Spreads	** Fixed. From 2 to 4 pips on the major currency pairs. See the list of spreads for all pairs.
Commissions	No commissions to open/close a trade.
Open positions rollover	Click here to learn how to check SWAPS.
Islamic accounts	SWAP-free accounts for Muslim traders
Minimum deposit	USD 1
Welcome bonus	USD 1 after a deposit of USD 1 or more. For details, please see Our Promotions
Maximum balance	USD 3,000
Minimum transaction size	0.1 Micro lot (100 units of the base currency) with approx. 1 US Cent per 1 pip.
Maximum transaction size	1000 Micro lots
Open trades max.	Up to 100 trades open at the same time.
Leverage	From 1:1 to 1:500 for Micro accounts under USD 3,000. When the account reaches a balance of US$3000 or more, the leverage will be reduced 100x (for example from 1:500 to 1:5). After you withdraw from your account (or close some losing positions) and the balance is less than US$3000, you can adjust the leverage back to the level of your choice via My FXOpen area.
Margin Call	At Margin Level of 20%
Stop Out	Losing trades are closed automatically at Margin Level = less than 10%
Expert Advisors
Scalping	With limitations. ( 1) Stop Loss, Take Profit and Pending Orders 10 pips or more away from the current price; 2) Most of the trades must be open for more than 1 minute;)
Hedging
Phone dealing
Demo accounts

Link

* The Balance for Micro accounts in the Meta Trader is indicated in US Cents.

** Our spreads may be increased with news or other high / low volume conditions.

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Standard Accounts. Retail (Market-Maker) Forex Accounts for experienced traders. Enjoy reliable trading conditions with a low starting deposit and attractive bonus system.

Account	Standard Open Account
Trading platform	MetaTrader 4
Account currency	USD
Financial instruments	28 currency pairs, gold, silver. See the full list of instruments.
Pricing format	4th decimal pricing (0.1234)
Spreads	** Fixed. From 2 to 4 pips on the major currency pairs. See the list of spreads for all pairs.
Commissions	No commissions to open/close a trade.
Open positions rollover	Click here to learn how to check SWAPS.
Islamic accounts	SWAP-free accounts for Muslim traders
Minimum deposit	USD 25
Welcome bonus	USD 25 welcome bonus (after an initial deposit of USD 100); USD 100 bonus after 10 lots of accumulated trading volume. For details, please see Our Promotions
Maximum balance	Not limited
Minimum transaction size	0.1 (10,000 units of the base currency) with incremental lot of 0.01. 1 pip = approx. 1 USD.
Maximum transaction size	1,000 lots
Open trades max.	Up to 100 trades open at the same time.
Leverage	1:1 - 1:500 for accounts up to USD 25,000; 1:1 - 1:200 for accounts from USD 25,000 up to USD 100,000; 1:1 – 1:100 for accounts from USD 100,000 up to USD 1,000,000; By agreement for accounts over USD 1,000,000. You can adjust the leverage to the level of your choice via My FXOpen area.
Margin Call	At Margin Level = 20%
Stop Out	Losing trades are closed automatically at Margin Level = less than 10%
Expert Advisors
Scalping	With limitations. ( 1) Stop Loss, Take Profit and Pending Orders 10 pips or more away from the current price; 2) Most of the trades must be open for more than 1 minute;)
Hedging
Phone dealing
Demo accounts

Link

* Our spreads may be increased with news or other high / low volume conditions.

Open a Demo Account Open Account

Try risk-free Forex trading Ready to trade on Forex?

ECN/STP accounts. Enjoy true ECN/STP currency trading with Interbank liquidity and Level II on MT4! Scalper-friendly accounts. Best choice for professional and high-volume traders.

Account	ECN Open Account
Trading platform	Meta Trader 4 for ECN
Account currency	USD
Financial instruments	32 currency pairs. See the full list of instruments.
Pricing format	5th decimal pricing (0.12345); Interbank liquidity
Market depth	The 5 best BID and ASK prices with available volumes. Download LEVEL II
Spreads	Floating depending on the buy and sell orders in the Marketplace. The minimum spread for all pairs from 0.5 pips.
Commissions	* USD 3.5 for 100,000 (1 Lot) for accounts with Net Deposit up to USD 50 000; USD 2.3 for 100,000 (1 Lot) for accounts with Net Deposit higher than USD 50 000.
Open positions rollover	Click here to learn how to check SWAPS.
Islamic accounts	SWAP-free accounts for Muslim traders
Minimum deposit	USD 1,000
Bonuses	None
Maximum balance	Not limited
Minimum transaction size	0.1 lot (10,000 units of the base currency) with incremental lot of 0.01. 1 pip with 0.1 lot = approx. USD 0.1
Maximum transaction size	Depending on the available liquidity
Open trades max.	Not limited
Leverage	1:100 for accounts with balance less than USD 1,000; 1:1 - 1:500 for accounts from USD 1,000 up to 25,000 USD; 1:1 - 1:200 for accounts from USD 25,000 up to USD 100,000; 1:1 - 1:100 for accounts from USD 100,000 up to USD 1,000,000; Negotiable for accounts over 1,000,000.
Margin Call	At Margin Level of less than 100%
Stop Out	Loosing trades are closed automatically at Margin Level of less than 75%
Expert Advisors
Scalping
Hedging
Phone dealing
Demo accounts

Link

* Half-turn commissions.

The round-turn commission for a 1 lot position (100,000) is equal to 7 units of the base currency per round turn (or 4.6 units of the base currency for ECN accounts with Net Deposit higher than USD 50 000). Right after you open a trade, you will see the round turn commission charged.

Net Deposit - is the sum of all deposits minus the sum of all withdrawals in USD.

Open a Demo Account Open Account

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FXOpen PAMM Service. Managed accounts. FXOpen MT4 based PAMM Standard and PAMM ECN accounts. Flexible trading environment for Money Managers. Attractive investment opportunities for Investors. Guaranteed profit and fees allocation.

Account	PAMM Standard How to Open?	PAMM ECN How to Open?
Trading platform	MetaTrader 4	MetaTrader 4 ECN
Account currency	USD	USD
Financial instruments	28 currency pairs, gold, silver. See the full list of pairs.	32 currency pairs. See the full list of pairs.
Pricing format	4th decimal pricing (0.1234)	5th decimal pricing (0.12345); Interbank liquidity
Market depth		The 5 best BID and ASK prices with available volumes. Download LEVEL II
Spreads	* Fixed. 2-4 pips on the major pairs. Click here for the list of spreads for all pairs.	Floating depending on the buy and sell orders in the Marketplace. The minimum spread for all pairs from 0.5 pips.
Commissions	No commissions to open/close a trade.	** USD 3.5 for 100,000 (1 Lot) for accounts with Net Deposit up to USD 50 000; USD 2.3 for 100,000 (1 Lot) for accounts with Net Deposit higher than USD 50 000.
Open positions rollover	Click here to learn how to check SWAPS.	Click here to learn how to check SWAPS.
Islamic accounts	SWAP-free accounts for Muslim traders	SWAP-free accounts for Muslim traders
Minimum deposit for Investors	Depending on the PAMM Manager Offer conditions	Depending on the PAMM Manager Offer conditions
Bonuses
Manager’s Capital	USD 1,000	USD 5,000
Stop and Limit levels	10 or more pips from the current price	Stop Loss, Take Profit and Pending Orders inside the spread.
Minimum transaction size	0.1 lot (10,000 units of the base currency) with incremental lot of 0.01. 1 pip = approx. USD 1.	0.1 lot (10,000 units of the base currency) with incremental lot of 0.01. 1 pip with 0.1 lot = approx. USD 0.1
Open trades max.	Up to 100 open trades at the same time	Not limited
Leverage	1:1 – 1:100 (1:100 by default);	1:1 – 1:100 (1:100 by default);
Margin Call	At Margin Level of less than 20%	At Margin Level of less than 100%
Stop Out	Losing trades are closed automatically at Margin Level of less than 10%.	Losing trades are closed automatically at Margin Level of less than 75%.
Scalping	With limitations ( 1) Stop Loss, Take Profit and Pending Orders 10 pips or more away from the current price; 2) Most of the trades must be open for more than 1 minute;)
Hedging
Expert Advisors

Link

* Our spreads may be increased with news or other high / low volume conditions.

** Half-turn commissions.

Net Deposit - is the sum of all deposits minus the sum of all withdrawals in USD.

Open a Demo Account Open Account

Try risk-free Forex trading Ready to trade on Forex?

FXOpen Autotrading System Selector. Tradency based accounts.

Account	FASS Standard Open Account
Trading platform	MetaTrader 4
Account currency	USD
Financial instruments	32 currency pairs, gold, silver. See the full list of instruments.
Pricing format	4th decimal pricing (0.1234)
Spreads	** Fixed. From 2 to 4 pips on the major currency pairs. A markup of 0.25 pip is charged on minor pairs and a mark-up of 0.75 is charged on major pairs and is payable to signal providers.See the list of spreads for all pairs.
Commissions	No commissions to open/close a trade.
Open positions rollover	Click here to learn how to check SWAPS.
Islamic accounts	SWAP-free accounts for Muslims
Minimum deposit	USD 1
Welcome bonus	USD 1 after a deposit of USD 1 or more. For details, please see Our Promotions
Maximum balance	USD 3,000
Minimum transaction size	0.1 Micro lot (100 units of the base currency) with approx. 1 US Cent per 1 pip.
Maximum transaction size	1000 Micro lots
Open trades max.	Up to 100 trades open at the same time.
Leverage	From 1:1 to 1:500 for Micro accounts under USD 3,000. When the account reaches a balance of US$3000 or more, the leverage will be reduced 100x (for example from 1:500 to 1:5). After you withdraw from your account (or close some losing positions) and the balance is less than US$3000, you can adjust the leverage back to the level of your choice via My FXOpen area.
Margin Call	At Margin Level = 20%
Stop Out	Loosing trades are closed automatically at Margin Level = less than 10%
Expert Advisors
Scalping	With limitations. ( 1) Stop Loss, Take Profit and Pending Orders 10 pips or more away from the current price; 2) Most of the trades must be open for more than 1 minute;)
Hedging
Phone dealing
Demo accounts

Link

* Our spreads may be increased with news or other high / low volume conditions.

Open a Demo Account Open Account

Try risk-free Forex trading Ready to trade on Forex?

FXOpen Autotrading System Selector. Tradency based ESN account.

Account	FASS ECN Open Account
Trading platform	Meta Trader 4 for ECN
Account currency	USD
Financial instruments	32 currency pairs. See the full list of instruments.
Pricing format	5th decimal pricing (0.12345); Interbank liquidity
Market depth	The 5 best BID and ASK prices with available volumes. Download LEVEL II
Spreads	Floating depending on the buy and sell orders in the Marketplace. The minimum spread for all pairs from 0.5 pips.
Commissions	* USD 3.5 for 100,000 (1 Lot) for accounts with Net Deposit up to USD 50 000 USD 2.3 for 100,000 (1 Lot) for accounts with Net Deposit higher than USD 50 000 * USD 14.5 for 100,000 (1 Lot) for accounts with Net Deposit up to USD 50 000 USD 12.1 for 100,000 (1 Lot) for accounts with Net Deposit higher than USD 50 000
Open positions rollover	Click here to learn how to check SWAPS.
Islamic accounts	SWAP-free accounts for Muslim traders
Minimum deposit	USD 1 000
Bonuses	None
Maximum balance	Not limited
Minimum transaction size	0.1 lot (10 000 units of the base currency) with incremental lot of 0.01. 1 pip with 0.1 lot = approx. USD 0.1
Maximum transaction size	Depending on the available liquidity
Open trades max.	Up to 100 open trades at the same time
Leverage	1:100 for accounts with balance less than USD 1,000 1:1 - 1:500 for accounts from USD 1,000 up to 25,000 USD 1:1 - 1:200 for accounts from USD 25,000 up to USD 100 000 1:1 - 1:100 for accounts from USD 100,000 up to USD 1,000,000 1:1 for accounts over 1,000,000
Margin Call	At Margin level of less than 100%
Stop Out	Loosing trades are closed automatically at Margin level of less than 75%
Expert Advisors
Scalping
Hedging
Phone dealing
Demo accounts

Link

* Our spreads may be increased with news or other high / low volume conditions.

Open a Demo Account Open Account

Try risk-free Forex trading Ready to trade on Forex?

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Trading terms

FXOpen provides the same trading opportunities to individuals and private companies that have been traditionally only offered to large financial institutions.

Check our trading terms

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Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Client should make an independent judgments as to whether trading is appropriate for him/her in light of his/her financial condition, investment experience, risk tolerance and other factors.