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FXOpen , VALUTRADES Broker Comparison
Do you want to know which is the better broker between FXOpen and VALUTRADES ?
In the table below, you can compare the features of FXOpen , VALUTRADES side by side to determine the best fit for your needs.
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
- Rating
- Basic Information
- Trading Env.
- Account Info
- Related News
- Relevant Exposures
2 / 3 forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Swap
Swap Rating
- Average Trading Cost
- (EURUSD)
- Average Trading Cost
- (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
6.53
Regulated
Under guarantee
10-15 years
CYSEC,FCA,FSPR,ASIC
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--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Elite ECN,Advanced ECN,Classic ECN,Basic
--
$250,000
--
from 0.0
0.00
Floating
--
--
7.29
Regulated
Under guarantee
10-15 years
FCA,FSA
Viet Bank,Viettelpay,Thai Local Bank,Sticpay,Duitnow,Momopay,Alipay,Skrill QCO,Online Banking,Viet QR,PromptPay,Binance Pay,PIX,Manual Bank Transfer - Barclays & Natwest & VSY Banks
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
ECN,Standard
--
--
1:500
from 0.0
0.00
--
0.01
--
FXOpen 、 VALUTRADES BrokerRelated News
FXOpen 、 VALUTRADES BrokerRelevant Exposures
Which broker is more reliable?
To evaluate a broker's reliability and trustworthiness, consider the following four factors:
1.Forex broker introduction。
2.Do fxopen and valutrades have lower transaction costs?
3.Which broker is safer?
4.Which broker offers the best trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Forex broker introduction
fxopen
| Quick FXOpen Review Summary | |
| Founded in | 2007 |
| Registered in | Cyprus |
| Regulated by | CySEC |
| Trading Instruments | 700+, indices, commodities, forex, shares, cryptos, ETFs |
| Demo Account | ✅ |
| Account Type | ECN |
| Min Deposit | $/€300 |
| Leverage | Up to 1:30 |
| EUR/USD Spread | Floating around 0.2 pips |
| Trading Platform | MT4/5, TickTrader, TradingView |
| Deposit Fee | ❌ |
| Withdrawal Fee | Free for Viisa/MasterCard and Easy bank transfer, fees for Bank Transfer |
| Customer Service | 9 am - 8 pm (Eastern European Time) |
| Live chat | |
| Tel: +357 25024000 | |
| Email: support@fxopen.eu | |
| Regional Restriction | USA |
FXOpen Information
FXOpen is a trading name of FXOpen EU Ltd, is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13. FXOpen offers retail and professional trading available markets including indices, commodities, forex, shares, cryptos, and ETFs through MT4, MT5, TickTrader, and TradingView platforms.
Pros & Cons
| Pros | Cons |
| Regulated by CySEC | US clients are not accepted |
| Negative balance protection | No copy trading |
| Many instruments available | High minimum deposit |
| Demo accounts | Withdrawal fees charged |
| MT4 and MT5 platforms | |
| Live chat support |
Is FXOpen Legit?
Yes, FXOpen is regulated by Cyprus Securities and Exchange Commission (CySEC).
| Regulated Country | Regulated by | Regulated Entity | License Type | License Number |
 | CySEC | FXOpen EU Ltd | Market Making (MM) | 194/13 |
Market Instruments
Indices, commodities, forex, shares, cryptos, ETFs... FXOpen allows clients to access 700+ trading markets.
| Trading Assets | Available |
| Indices | ✔ |
| Commodities | ✔ |
| Forex | ✔ |
| Shares | ✔ |
| Cryptos | ✔ |
| ETFs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
Account
FXOpen only offers a single account type - ECN trading account, with a minimum deposit requirement of 300 USD or EUR. You can find detailed info about account features in the table and screenshot below:
| ECN Trading Account Features | |
| Min Deposit | $/€300 |
| Max Leverage | 1:30 |
| Spread | Floating from 0 pips |
| Commission | From $1.5 per lot |
| Demo Account | ✔ |
Leverage
The maximum leverage offered by FXOpen is 1:30. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads & Commissions
The EUR/USD spread is floating around 0.2 pips. If you are interested in spreads on other trading instruments, you can find detailed spread info on its homepage: https://fxopen.com/en-cy/
As for commissions, if your account balance is below $1,000, the commission for forex trading is $3.5 per lot, while $1.5 per lot for account balance over $250,000+. Visit https://fxopen.com/en-cy/pricing/ to find more specific info on commissions on other trading instruments.
| ECN Account - FX Commission | |
| Account Balance | Commission |
| Below $1,000 | $3.5 per lot |
| $1,000 - $25,000 | $2.5 per lot |
| $25,000 - $250,000 | $1.8 per lot |
| $250,000+ | $1.5 per lot |
Trading Platforms
As for the trading platform, FXOpen provides its clients with many options. There are public platforms such as MT4/5 and TradingView that have served many clients worldwide, also FXOpen's own platform TickTrader.
If you didn't want to spend time familiarizing yourself with a new platform, you can choose MT4/5 and TradingView. But FXOpen's own platform provides better compatibility with businesses, as they are specially developed and customized platforms. The choice is yours.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows, MacOS, Web, iOS, Android | Beginners |
| MT5 | ✔ | Windows, MacOS, Web, iOS, Android | Experienced traders |
| TickTrader | ✔ | MacOS, Windows, Linux, Web, iOS, Android | / |
| TradingView | ✔ | Windows, Web, iOS, Android | Beginners |
Deposit & Withdrawal
In terms of deposit and withdrawal, like many good brokers, FXOpen provides a detailed form with important information about payment methods, accepted currencies, minimum/maximum amount, fees, and processing time. The feasible payment methods are Bank Transfer, Visa/MasterCard, and Easy bank transfer.
Deposit
| Deposit Method | Min Deposit | Max Deposit | Deposit Fee |
| Visa/MasterCard | 0.01 EUR, 1 USD | 1,000 EUR/USD | ❌ |
| Easy Bank Transfer | 20,000 EUR/GBP | 50 EUR/GBP | ❌ |
Withdrawal
| Withdrawal Method | Min Withdrawal | Max Withdrawal | Withdrawal Fee | Withdrawal Time |
| Bank Transfer | 15 EUR, 30 USD, 15 GBP | No limit | 15 EUR, 30 USD, 15 GBP | 1-3 business days |
| Visa/MasterCard | 1 EUR/USD | 1,000 EUR/USD | ❌ | 2-5 business days |
| Easy Bank Transfer | 10 EUR/GBP | 20,000 EUR/GBP | ❌ | / |
Note: Withdrawal forms received before 12:00 (GMT) will be processed on the same business day. If these are received after 12:00 (GMT) or the weekend, they will be processed the next business day.
Customer Support
FXOpen does not offer 24/7 customer support. Customer service time is only available from 9 am to 8 pm (Eastern European Time) by live chat, phone, and email. You can also follow FXOpen on some social media platforms such as YouTube, Facebook, X, Telegram, LinkedIn, and Instagram.
| Service Time | 9 am - 8 pm (Eastern European Time) |
| Live Chat | ✔ |
| Phone | +357 25024000 |
| support@fxopen.eu | |
| Address | 38 Spyrou Kyprianou Street, CCS BLDG - Office N101, 4154 Limassol, Cyprus |
| Social Media | YouTube, Facebook, X, Telegram, LinkedIn, Instagram |
valutrades
| Valutrades Review Summary | |
| Founded | 2012 |
| Registered Country/Region | United Kingdom & Seychelles |
| Regulation | FCA and FSA |
| Market Instruments | Forex, Commodities, Indices, Shares, Gold, Silver |
| Demo Account | ✔ |
| Leverage | Up to 1:500 |
| Spread | Starting from 0.0 pips |
| Trading Platform | MT4, MT5, Valutrades trading app |
| Min Deposit | No minimum deposit required |
| Customer Support | Phone: +44 (0) 20 3141 0888 (UK) / +(248) 4346849 (Seychelles) |
| Email: support@valutrades.com / support@valutrades.sc | |
| 24/7 Online Chat: ✔ | |
| Physical Address: 51 Eastcheap, London, EC3M 1JP, UK / Unit B, F28 Eden Plaza, Seychelles | |
Valutrades Information
Regulated by the FCA in the UK and the FSA in Seychelles, Valutrades is a worldwide broker with access to forex, commodities, indices, and shares trading that supports MetaTrader 4 and 5 with leverage up to 1:500. The broker provides zero-commission trading with raw spreads starting from 0.0 pips and no minimum deposit requirement.
Pros and Cons
| Pros | Cons |
| FCA & FSA regulated | Limited services outside of UK and Seychelles |
| MT4 & MT5 platforms available | No specific information about funding methods |
| No minimum deposit required | |
| High leverage up to 1:500 |
Is Valutrades Legit?
Valutrades is a legitimate broker regulated by FCA in the UK and the FSA in Seychelles.
| Regulatory Body | Financial Conduct Authority (FCA) | Seychelles Financial Services Authority (FSA) |
| Current Status | Regulated | Offshore Regulated |
| License Type | Market Making (MM) | Retail Forex License |
| License No. | 586541 | SD028 |
| Licensed Institution | Valutrades Limited | Valutrades (Seychelles) Limited |
What Can I Trade on Valutrades?
Valutrades offers a many financial instruments, including forex, commodities, indices, and shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ❌ |
| ETFs | ❌ |
Account Types
Valutrades offers two account types: Standard and ECN. No minimum deposit is required.
| Account Type | Transaction Size | Spread | Commission | Leverage | Platform |
| Standard | From 0.01 Lot | From 0.2 pips | $0 | Up to 1:500 | MT4, MT5 |
| ECN | From 0.01 Lot | From 0.0 pips | $6 per lot | Up to 1:500 | MT4, MT5 |
Leverage
Valutrades provides leverage up to 1:500.
Fees Structure
Valutrades offers competitive trading fees, with raw spreads starting from 0.0 pips and no commissions on Standard accounts. Spreads are from 0 pip(ECN) and 0.2 pips(Standards).
| Spread | From 0.0 pips (ECN), 0.2 pips (Standard) |
| Commission | $0 (Standard), $6 per lot (ECN) |
Trading Platform
Valutrades supports MT4, MT5 and unique Valutrades App suitable for different types of traders.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 4 | ✔ | Windows, Mac, iOS, Android | Beginners and experts |
| MetaTrader 5 | ✔ | Windows, Mac, iOS, Android | Advanced traders |
| Valutrades App | ✔ | Android | Mobile users |
Deposit and Withdrawal
Valutrades does not charge deposit or withdrawal fees. The broker requires no minimum deposit, allowing flexible funding options.However, it doesn't mention the specific funding methods. Meanwhile, it doesn't accept third-part deposits.
Do fxopen and valutrades have lower transaction costs?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive fxopen and valutrades are, we first considered common fees for standard accounts. On fxopen, the average spread for the EUR/USD currency pair is from 0.0 pips, while on valutrades the spread is from 0.0.
Which broker between fxopen, valutrades is safer?
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
fxopen is regulated by CYSEC,FCA,FSPR,ASIC. valutrades is regulated by FCA,FSA.
Which broker between fxopen, valutrades provides better trading platform?
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
fxopen provides the Elite ECN,Advanced ECN,Classic ECN,Basic platform with products like --; valutrades offers the ECN,Standard platform featuring assets including --.
