FX.Open - Company news and discussions

FX-Open has been offering Forex brokerage services since 2005 and is currently one of the most successful and fastest-growing Forex brokers.

Our clients can choose from a variety of trading accounts (ECN, STP, Crypto, Micro and free unlimited Demo accounts) and enhance their trading capabilities with Myfxbook and Zulutrade automated trading systems. FX Open also offers its own PAMM technology allowing our clients to benefit from the strategies of experienced traders with a proven track record of successful trading and guarantees automatic distribution of profit and loss between the strategy provider and the strategy followers. We also welcome Islamic traders and let them take advantage of Forex trading without violating Sharia law by offering them SWAP free accounts.

FXOpen Reduces the Minimum Deposit for ECN Accounts down to USD 100 until August 15, 2015

In order to let all of its clients benefit from the long-awaited volatility during the usually calmer summer months FXOpen introduces a unique promotion:

USD 100 minimum deposit on ECN accounts
Valid until the 15th of August only

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Try out our ECN with a deposit as low as USD 100 and enjoy all of the following benefits:

• Ultra-tight spreads
• Interbank liquidity
• Fast execution
• Fully transparent trading environment
• 1:500 leverage
• 0.01 minimum lot size
• Free VPS (minimum monthly turnover – USD 10 Mio)
• CFDs, currencies and metals tradable from a single MT4 account
• All trading strategies welcome

Enjoy your trading at FXOpen ECN!

Source: http://j.mp/FXECN100

Start your PAMM account from only 200 USD

FXOpen is delighted to announce that we are keeping the minimum capital required to open PAMM STP and PAMM ECN accounts at reduced levels. You need to make a deposit of just USD $200 to open a PAMM STP account and USD $1,000 to set up a PAMM ECN account. After adding the required funds, you can create unlimited Offers and invite other traders to join your PAMM and follow your strategy.

The advantages of PAMM accounts:

• FXOpen PAMM Providers can have an unlimited number of Slaves and create multiple Offers with different parameters. PAMM Investors have full control over funding and withdrawing.
• PAMM Investors (Slaves) can switch from one Offer to another within the same Account thanks to the Offer Migration procedure. Our system of extended analytics includes advanced options such as intraday equity reports with updates every minute.
• New shorter trading interval of seven days allows Slaves to withdraw their deposit and profits in just a week. After seven days, the Master Fee is calculated and all profits are automatically allocated.

If you are not a client of the broker, in order to open a PAMM Account you need to register first.

After that to become a PAMM Provider you need to:

• Open an Investment Account;
• Deposit the Investment Account in your cabinet;
• Open a PAMM Account and create an Offer;
• Attract Slave account holders and receive rewards for reproduction of your trading strategy.

Learn more about the PAMM service on the website: pamm.fxopen.com.

Source

FXOpen Customer Service
E-mail: sales@fxopen.com

New opportunities for Forex Investors who use copy trading via PAMM Service

Since the launch of FXOpen PAMM service in 2009, we have been consistently improving it to ensure stable, profitable and secure environment for PAMM account owners and their Investors. FXOpen has recently reduced the minimum capital for PAMM Masters (traders who provide PAMM Offers to Investors). Now we would like to offer Investors some useful tips on how to subscribe to copy trading from PAMM Master accounts.

Investors (referred to as “Slaves” in PAMM terminology) can join multiple offers from different Masters. The Broker provides PAMM account rating to help you make the investment decision. There you will see a list of all PAMM Master accounts with their key financial parameters, including total gain and maximum drawdown. To be even more meticulous, just click on the name of any PAMM account and view charts detailing every trade made in that account.

Slaves can switch from one Offer to another within the same PAMM account using the Offer Migration procedure. Our system of extended analytics also includes advanced options such as intraday equity reports with real-time updates.

A new shorter trading interval of seven days allows Slaves to withdraw their deposit and profits in just a week. After seven days the Master Fee is calculated and all profits are automatically allocated to the Master and the Slaves in proportion to their shares in the PAMM account.

PAMM Investors have full control over funding and withdrawing.

To join a PAMM as a Slave you need to:

• Open an Investment Account;
• Fund your Investment Account;
• Choose a preferred Master via PAMM Account Rating and subscribe to automatic copying of the Master’s strategy.

If you are not our client yet, register with FXOpen before opening an Investment account.

Learn more about PAMM service in the How It Works section.

Source

FXOpen Customer Service
E-mail: sales@fxopen.com

Commission Free Deposits until the end of the Year

With the festive season here and Christmas fast approaching, FXOpen is delighted to join in the festive spirit by offering plenty of gifts to our clients.

This year from 1st December 2015, we are pleased to offer all our clients free deposits for the rest of the year! Payment processors typically charge between 0.5% and 3% for deposit transactions, but this December FXOpen will pay this fee for you so you can trade with 100% of your capital.

To take advantage of this fantastic gift, simply deposit via an electronic payment system such as Skrill or Neteller or FasaPay, or use a credit or debit card, such as MasterCard, Visa, Visa Electron, Maestro, ChinaUnionPay, Discover, JCB and many others.

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We understand that some clients prefer to deposit via a wire transfer so we have a gift for you too! If you make a deposit by wire transfer in December 2015, you can also have one withdrawal absolutely free as FXOpen will pay the fee for you.

This promotion only last until 31st December 2015 so make your deposit today!

So why not take advantage of FXOpen’s first class service:

• Trading accounts to suit every level of experience and investment – ECN, STP, Crypto, Micro
• The tightest spreads in the industry from 0 pips
• The lowest commissions across the industry starting ay 1.8 units of base currency per lot
• STP accounts with a $10 no-deposit bonus
• ECN account commissions from only $1.80 per lot
• PAMM accounts with only a $200 minimum deposit
• Guaranteed safe deposits and withdrawals of your funds
• 80+ trading instruments including currencies, indexes, precious metals, crude oil, gas
• Leverage up to 1:500
• All type of trading strategies accepted, HFT algo-trading included
• 24/5 live chat. E-mail and telephone support
• Segregated bank accounts
• Offices in London. Sydney, Auckland, Moscow
• 10+ years’ experience in FX brokerage services

Find out more: http://j.mp/FXDec15

FXOpen ECN accounts: everyone can afford it!

FXOpen has made some exciting changes to our ECN trading terms.

Firstly, we have reduced the minimum initial deposit from 1,000 USD (or currency equivalent) to only 100 USD.

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Secondly, we have introduced a new way for calculating the commission charged per trade. The commission rate will now depend on the account equity and the monthly trading volume. The commission rate can therefore decrease or increase from month to month depending on the traded volume in USD terms for previous period and also the account balance at the recalculation time.

Thank you for your continued support and wish you every success with your trading in the future.

Find out more: http://j.mp/ECN100

Changes in Trading Hours and Terms during the Christmas and New Year Season 2016

Dear Clients,
Please, note the following changes in trading hours and terms during the Christmas and New Year holiday season:

Thursday, December 24
Currency pairs: normal trading hours
Commodities: low liquidity after 20:30 GMT+2 Server Time
Indices:

Australia 200 – trading available till 5:30 GMT+2
Europe 50 – trading closed
France 40 – trading available till 15:00 GMT+2
Germany 30 / Germany 30 (Mini) – trading closed
Japan 225 – trading available till 20:15 GMT+2
UK 100 – trading available till 14:30 GMT+2
US SPX 500 / US SPX 500 (Mini) – trading available till 20:15 GMT+2
US Tech 100 – trading available till 20:15 GMT+2
US Tech 100 (Mini) – trading available till 20:15 GMT+2
Wall Street 30 / Wall Street 30 (Mini) – trading available till 20:15 GMT+2

Friday, December 25
Trading session is closed; only trading on Crypto accounts is available.

Monday, December 28
Currency pairs: normal trading hours
Commodities: normal trading hours
Indices: normal trading hours. Australia 200 and UK 100 instruments are unavailable

Thursday, December 31
Currency pairs: normal trading hours
Commodities: normal trading hours. Expected low liquidity of UK Brent, after 21:30 GMT+2
Indices:

Australia 200 – trading available till 5:30 GMT+2
Europe 50 – trading closed
France 40 – trading available till 15:00 GMT+2
Germany 30 / Germany 30 (Mini) – trading closed
Japan 225 – normal trading hours
UK 100 – trading available till 14:30 GMT+2
US SPX 500 / US SPX 500 (Mini) – normal trading hours
US Tech 100 – normal trading hours
US Tech 100 (Mini) – normal trading hours
Wall Street 30 / Wall Street 30 (Mini) – normal trading hours

Friday, January 1
Trading session is closed; only trading on Crypto accounts is available

Monday, January 4
Normal trading hours for all instruments, the maximum leverage is 1:500

*The maximum leverage for all account types will be reduced down to 1:100 between December 28, 2015 and January, 4 2016.

We strongly recommend considering this information in your trading.

FXOpen wishes you a Merry Christmas and a Happy New Year!

Find original announcement here.

Merry Christmas and Happy New Year!

Dear Customers and Partners,

FXOpen would like to wish you a Merry Christmas and a Happy and prosperous New Year.

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We wish you success and profitable trading during 2016 and hope you achieve all of your objectives in the coming year!

FXOpen Team

Low Liquidity on Commodities and Indices on January 18

Dear Clients,
Please note that some trading instruments may experience low liquidity due to the celebration of Martin Luther King, Jr. Day in the USA on January 18, 2016. Below you can find changes in the terms of trading expected on this day:

Currency pairs: normal trading hours.

Commodities:

• Gold - low liquidity after 20:00 GMT+2
• Silver - low liquidity after 20:00 GMT+2
• UK Brent - normal trading hours
• US Crude - low liquidity after 19:45 GMT+2
• US Natural Gas - low liquidity after 19:45GMT+2

Indices:

• Australia 200 - normal trading hours
• Europe 50 - normal trading hours
• France 40 - normal trading hours
• Germany 30 Germany 30 (Mini) - normal trading hours
• Japan 225 - low liquidity after 20:00 GMT+2
• UK 100 - normal trading hours
• US SPX 500 US SPX 500 (Mini) - low liquidity after 20:00 GMT+2
• US Tech 100 US Tech 100 (Mini) - low liquidity after 20:00 GMT+2
• Wall Street 30 Wall Street 30 (Mini) - low liquidity after 20:00 GMT+2

FXOpen Customer Service

More Opportunities for MENA Region Traders: New FXOpen Local Agent Appointed

FXOpen increases the range of opportunities for traders located in the Middle East and North Africa (MENA). A single local agent called Venture Capital Inc. with offices in Cairo (Egypt) and London (UK) started operating in December 2015.

The main goal of the MENA official agent is dealing with FXOpen clients and third parties by providing information support, analysis, and resolving issues based on FXOpen policies.

The regional office is operated by a team of professional and highly qualified Forex experts of Arab descent. They use their knowledge and experience to deliver efficient and first-rate brokerage services.

FXOpen hopes that this partnership will provide our current and future clients in the MENA region with necessary resources, information and support for successful Forex trading.

FXOpen Customer Service