WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

FXOPEN

Australia|5-10 years|
High potential risk|

https://www.fxopen.com.au/en/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

South Africa 5.25

Surpassed 15.30% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+852 (+61) 8 6557 8587
support@fxopen.com.au
https://www.fxopen.com.au/en/
Level 25, 108 ST GeorGes Terrace, PERTH WA 6000

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

Danger

ID BAPPEBTI
2022-02-02

Contact number

English

+852 (+61) 8 6557 8587

Other ways of contact

Broker Information

More

Company Name

FXOpen AU Pty Ltd

Abbreviation

FXOPEN

Platform registered country and region

Australia

Company website
Facebook
Instagram
Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-12-04
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 412871) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

FXOPEN · WikiFX Survey

Users who viewed FXOPEN also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

AUS GLOBAL

8.23
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

IC Markets Global

9.10
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

ATFX

8.92
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website
Sources
Language
Mkt. Analysis
Creatives

FXOPEN · Company Summary

FXOPENReview Summary
Founded5-10 years
Registered Country/RegionAustralia
RegulationSuspicious Clone
Market InstrumentsIndices, commodities, forex, shares, cryptocurrencies, and ETFs
Demo Account
LeverageUp to 1:30
SpreadStart from 0 pips
Trading PlatformTickTrader, TradingView, MT5 (MetaTrader 5), and MT4 (MetaTrader 4)
Min Deposit£300, $300, €300
Withdrawal MethodsWire Transfer, Skrill, Neteller, and WebMoney
Customer Support+(61) 8 6557 8587+(61) 8 6557 8587+(61) 2 6145 2042 (ext. 117)
trading.desk@fxopen.com.aulp@fxopen.orgsupport@fxopen.com.au

FXOPEN Information

FXOPEN is an Australian-based broker with 5-10 years of experience. It offers 6 types of trading products, 4 trading platforms, and 4 withdrawal methods. However, its regulatory status is marked as a suspicious clone.

FXOPEN Information

Pros and Cons

ProsCons
Offers 6 types of trading productsSuspicious Clone
Provides 4 trading platformsMinimum deposit requirement: £300, $300, €300
Offers 4 withdrawal methods

Is FXOPEN Legit?

FXOPEN is regulated by the Australian Securities & Investments Commission (ASIC) with a License Type of Market Making (MM) and License Number 412871. However, its regulatory status is Suspicious Clone.

Regulatory Status Suspicious clone
Regulated by Australian Securities & Investments Commission (ASIC)
Licensed Institution FXOpen AU Pty Ltd
Licensed TypeMarket Making (MM)
Licensed Number412871
Is FXOPEN Legit?

What Can I Trade on FXOPEN?

FXOPEN offers six types of trading products, including indices, commodities, forex, shares, cryptocurrencies, and ETFs.

Tradable Instruments Supported
Indices
Commodities
Forex
Shares
Cryptocurrencies
ETFs
What Can I Trade on FXOPEN?

Account Type

FXOPEN offers two account types: ECN and STP. It also offers demo accounts.

Account TypeECNSTP
Demo AccountAvailableAvailable
Trading Time22:00 Sun - 22:00 Fri (GMT)22:00 Sun - 22:00 Fri (GMT)
Crypto Trading Time24/7 for Cryptocurrency CFDs24/7 for Cryptocurrency CFDs
Minimum Deposit£300, $300, €300£300, $300, €300
SpreadFloating, from 0 pipsFloating
Commission (per 1 lot)From $1.50N/A
Minimum Transaction Size0.01 lot0.01 lot
Minimum Increment0.01 lot0.01 lot
LeverageUp to 1:30Up to 1:30
Margin Call100%100%
Stop Out50%50%
Account Type

Leverage

Both ECN and STP account types offer a leverage of up to 1:30.

Spreads & Commissions

FXOPEN offers floating spreads for the STP account type. Spreads start from 0 pips for the ECN account.

Trading Platform

FXOPEN offers four trading platforms: TickTrader, TradingView, MT5 (MetaTrader 5), and MT4 (MetaTrader 4). They all support Windows, Web Browser, Android, macOS, iOS, and online access.

Trading PlatformSupportedAvailable DevicesSuitable for
TickTraderWindows, Web Browser, Android, MAC, iOS, OnlineBoth Beginner and Experienced Trader
TradingViewWindows, Web Browser, Android, MAC, iOS, OnlineBoth Beginner and Experienced Trader
MT5Mobile and Desktop(Windows & macOS)Experienced Trader
MT4Mobile and Desktop(Windows & macOS)Beginner
Trading Platform
Trading Platform
Trading Platform
Trading Platform

Deposit and Withdrawal

FXOPEN offers the following withdrawal methods: Wire Transfer, Skrill, Neteller, and WebMoney.

Deposit and Withdrawal

News

ASIC Cancelled AFS licence of FXOpen AU

ExposureASIC Cancelled AFS licence of FXOpen AU

2024-09-04 17:04

ASIC has cancelled the Australian financial services (AFS) licence of FXOpen AU Pty Ltd (FXOpen AU) after an investigation revealed serious concerns about its lack of human resources to provide financial services and carry out supervisory arrangements.

WikiFX
2024-09-04 17:04
Exposure
ASIC Cancelled AFS licence of FXOpen AU

Review

0 Comments
Write a comment

No comment yet

Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com