FXOpen.com.au

FXOpen.com.au, an established online forex broker since 2005, has carved a niche for itself in the competitive world of online trading. Catering to a broad spectrum of traders, it offers diverse trading platforms and a wide range of trading options.

Trading Platforms

FXOpen Australia provides traders with an array of trading platforms including MetaTrader 4, MT4 Mobile, Web-Based MT4, and FXOpen Trader for Android. Each platform is designed to offer a unique trading experience and cater to different trading styles and preferences.

Trading Options

FXOpen offers over 45 currency pairs, gold, silver, bitcoin, and other cryptocurrencies. This extensive range of options makes it a preferred choice for traders looking for diverse investment and trading opportunities.

Broker Details

FXOpen has a minimum trade size of 0.01 and offers a maximum leverage of 500:1. The minimum amount to open a live account is a mere $10, making it accessible for beginner traders. The broker is regulated by ASIC under AFSL 412871 and is headquartered at Level 25 108 St Georges Terrace Perth WA 6000, Australia.

Trading Conditions

FXOpen supports automated trading with EAs/Robots, news trading, and scalping. These features enhance the trading experience and provide traders with more strategies to exploit market opportunities.

Managed Accounts & Social Trading

FXOpen also offers PAMM accounts, a form of managed accounts, which is a boon for traders who prefer to have their trades managed by experienced traders. In addition, it supports social trading, allowing traders to follow and copy the trades of successful traders.

Deposit and Withdrawal Methods

FXOpen provides multiple deposit and withdrawal methods including Bank Wire, VISA, MasterCard, Discover, JCB, Local Bank Transfers, Maestro, Neteller, Skrill, and WebMoney. These varied options make it convenient for traders worldwide to transact with the broker.

Pros and Cons

While FXOpen offers a variety of trading platforms and a wide range of trading options, the broker's services may not be available in certain countries. The details of these prohibited countries are not specified.

Scammer or Not?

FXOpen's long-standing establishment and regulation by ASIC provide a degree of credibility. However, it is always recommended for traders to conduct their own due diligence and research.

Safety Check

FXOpen's regulation by ASIC adds a layer of safety for traders. However, traders should be aware of the risks involved in forex trading and invest responsibly.

FAQs

Q: What trading platforms does FXOpen offer?
A: FXOpen offers MetaTrader 4, MT4 Mobile, Web-Based MT4, and FXOpen Trader for Android.
Q: What is the minimum deposit to open a live account with FXOpen?
A: The minimum deposit to open a live account with FXOpen is $10.
Q: Does FXOpen support automated trading?
A: Yes, FXOpen supports automated trading with EAs/Robots.
Q: What deposit and withdrawal methods does FXOpen offer?
A: FXOpen offers multiple deposit and withdrawal methods including Bank Wire, VISA, MasterCard, Discover, JCB, Local Bank Transfers, Maestro, Neteller, Skrill, and WebMoney.

If you have experience working with FXOpen, we invite you to leave your feedback on the forexroboteasy.com website. This review is independent and aims to provide comprehensive information about the broker.