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    OpenFX

    5-10 years
    |
    Regulated in Belarus
    |
    Retail Forex License
    |
    Non MT4/5 Software

    Rating

    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10

    License Index

    5.5

    Business Index

    6.91

    Risk Management Index

    8.9

    Software Index

    4.95

    Regulatory Index

    5.47

    Licenses

    National Bank of the Republic of Belarus

    Retail Forex License

    NBRB Regulated

    Overview

    • Company Name:

      Open Investments LLC
    • Company Abbreviation:

      OpenFX
    • Place of registration:

      OpenFXBelarus
    • Regulatory Status:

      Regulated
    • Customer Service Email Address:

      support@openfx.by
    • Customer Service Phone Number:

      +375 17 336 55 44
    • Company summary

      OpenFX is a Belarus-based provider of foreign exchange and commodities trading services, which started successfully completing its first trades on the foreign exchange market in 2004, launched a multi-stage program for trader development in 2017, and began offering investment solutions on the Belarusian and Russian markets.OpenFX currently holds a National Bank of Belarus (NBRB) retail Forex license (license number: 192612632). About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    National Bank of the Republic of Belarus

    National Bank of the Republic of Belarus (NBRB)

    The National Bank of the Republic of Belarus(NBRB) is the central bank of Belarus, located in the capital city, Minsk. The bank was created in 1922 under the name of "Belarusian Republican Bank" , but soon worked under the direction of the State Bank of the USSR. Undergoing reorganizations in 1959 and 1987, the bank appeared in its current form in 1990 after the passage of banking rules upon declaring independence from the Soviet Union. The bank's activities are regulated in the Banking Code enacted in October 25, 2000. Article 25 of the Banking Code, provides that one of the main functions of the NBRB is to ensure efficient, reliable and safe functioning of the interbank settlement system, and prescribes procedures for cash and non-cash settlements in the Republic of Belarus.

    • Licensed Institution :

      Limited Liability Company "Open Investments" (Open Investments LLC)

      Effective Date :

      2016-04-19
    • Email Address of Licensed Institution :

      openfx@openfx.by

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.openfx.by

      Expiry Date :

      --
    • Address of Licensed Institution :

      220116, Minsk, Dzerzhinsky Ave. 104, office 803Б, room 137

      Phone Number of Licensed Institution :

      375173365545
    • Licensed Institution Certified Documents :

      OpenFX NBRB监管截图 View Certified Documents

    OpenFX · MT4/5

    Identification Result

      OpenFX · Website

      Most visited countries/areas

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          OpenFX· Genealogy

          OpenFX · Clones

          OpenFX · Market Analysis

          The data are from WIKI Research    2021.06.13 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          OpenFX · Survey×

          Special Note

          ×
          OpenFX

          1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

          1.pngWikiFX will not disclose your personal information to third parties.

          1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.

          1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.

          根據香港證券及期貨事務監察委員會的規定

          為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

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          Data Sources WikiResearch 2021.06.13 Update

          数据样本不足

          Data Sources WikiResearch 2021.06.13 Update

          OpenFX · Chart
          Date

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by VPS
          富拓 · 外链汇总

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          Alternate Text

          Data Sources WikiResearch 2021.06.13 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          OpenFX
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
          Related Photos
          Confirm to Submit

          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

          Confirm
          OpenFX · Company summary

            Basic Information & Regulators of OpenFX

            OpenFX is a Belarus-based provider of foreign exchange and commodities trading services, which started successfully completing its first trades on the foreign exchange market in 2004, launched a multi-stage program for trader development in 2017, and began offering investment solutions on the Belarusian and Russian markets.OpenFX currently holds a National Bank of Belarus (NBRB) retail Forex license (license number: 192612632).

            Safety Analysis of OpenFX

            The primary factor in measuring the safety of a forex trading platform is whether it is formally regulated or not. WisunoFX is currently only regulated by the NBRB of Belarus, a C-level regulator, which is not a strict regulator of foreign exchange, meaning that the safety of investors' funds and trading activities are not effectively protected. Investors should be cautious about using OpenFX as a forex broker.

            Market Instruments of OpenFX

            OpenFX offers investors a small range of investment assets, mainly currency pairs in the Forex market, commodities, oil markets, and stock indices.

            Accounts & Leverage of OpenFX

            To meet the investment needs and trading experience of different investors, OpenFX offers three different types of accounts, namely the Pro Account (minimum deposit of $500/€500/30,000 rubles), the Premium Account (minimum deposit of $1,000/€10,00/65,000 rubles), and Investment Account (minimum deposit of $10,000/€10,000/65,000 rubles). The maximum leverage is 1:200 for Premium and Investment accounts and 1:100 for Pro accounts.

            Spreads & Commissions of OpenFX

            Spreads start from 0.0 pips for all three accounts, and commission starts from 0.01% for Pro accounts (round turn), 0.03% for Premium accounts (round turn), and 0.13% for Investment accounts.

            Deposit and withdrawal

            Advantages & Disadvantages of OpenFX

            The main advantages of OpenFX as following:

            l NBRB regulation

            l Availability of different types of accounts

            The main disadvantages of OpenFX including:

            l Non-MT4/MT5 trading platform.

            l Higher commissions.

            l No deposit and withdrawal method

            4. less variety of trading instruments offered


          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.