FXOpen

FXOpen

FXOpen.com

The question was to find out if FXOpen are the best MT4 broker around.  Reading over many a FXOpen review you conclude that FXOpen is an excellent MT4 broker and one of the best brokers to use Expert Advisors on which of course, require the popular MT4 trading platform.

FXOpen is toughted as having very tight spreads that  actually remain tight during those inevitable times when other MT4 brokers raise their spreads, such as news times.  This is one of FXOpen’s most positive aspects and really enables you to profit from your Expert Advisors and/or news trading.

Negative feedback seems to be from people who have used arbitrage techniques whilst trading their account and have had issues due to the fact that arbitrage trading is frowned upon by this broker.  But if you read your terms and conditions before using such techniques or if you just want one of the best MT4 brokers to run your EA’s on you won’t go far past this MT4 broker.

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FXOpen Details

FXOpen began its brokerage services in 2005 and started off as a forex and stock market educational centre in Cairo, Egypt.  FXOpen is a metatrader broker offering one of the forex worlds most popular trading platforms, metatrader 4.

FXOpen pride themselves on their strong customer service ethic and believe in offering trading options to all people and cultures of the world.  Among other MT4 brokers, FXOpen stands out through offering some of the most flexible options for their clients.

Striking Features:

  • $25 bonus for new standard accounts with only $25 deposit.
  • Offers the popular metatrader platform (MT4) needed to run expert advisors.
  • Minimum deposit for a standard account is only $25.
  • Minimum deposit for a micro account only $1.
  • Instant order executions.  Very handy for running high trade activity Expert Advisors.

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Consumer Feedback

Strong broker. One of the best. Never have problems with withdrawals of any amount. Strongly recomended.

Portion of actual user feedback from 100forexbrokers.com.

I have been trading with fxopen for 2 years. I am holding more than 10k with them and have not had a single trouble. Spreads are tight and never widen even during news time.

Portion of actual user feedback from 100forexbrokers.com.

FXOpen has the best execution speed of all the MT4 brokers which is important for me as I run 90% EA trades. Having orders opened and closed as quick as possible is crucial when it comes to automated trading.

Portion of actual user feedback from 100forexbrokers.com.

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