South Africa’s first regulated broker-matcher

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FxOpen Broker Review

2.9

/ 5

250
matches to this broker

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.

Reviewed by

In this review

Minimum deposit

Platforms

Regulation

Tradable Markets

TradeFX Rating

2.9

/ 5

TFX Overall Score

The TradeFX score is calculated using our independent methodology, based on multiple broker criteria including regulation, fees, platform features, and trader experience.

We review and update our data regularly to keep comparisons current.

SA Focused
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Standout features for South African traders

Accepts South African Clients

No

Has Local Office

No

Trading Platforms

Mobile Trading

No

Tradable Markets

Account Types

Demo Account

No

Account Base Currencies

Regulatory Bodies

Minimum Deposit

Local Deposits Available

No

Local Withdrawals Available

No

Same-Day Withdrawals

No

Islamic / Swap-Free Accounts

No

Automated Trading Allowed

No

Negative Balance Protection

No

Guaranteed Stop Loss

No

Promotions

Broker Trust and Regulation

Platforms and Tools

Fees and Spreads

Tradable Instruments

Trader Support

Deposits and Withdrawals

Account Types

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From a South African Perspective

Established in 2005, the FXOpen broker company commenced brokerage services and became one of the leading companies in the Forex industries. FXOpen has held its high-level services through optimum trading conditions. Also, it provides innovative technologies and a wide range of financial services to its users.

You can find our transparent FxOpen review below. Broker reviews are updated frequently!

We value your feedback: Rate this broker by leaving a comment and rating below this review.

FX open offers a unique chance to trade with its clients via the electronic communication network (ECN). Currently, FXOpen serves over a million clients from 100 different countries via active and passive trading. 

In addition to being a member of the International Financial Commission, FXOpen is also a member of the Financial Council’s committee on Budget and Financial markets.

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Moreover, FXOpen is a Trader’s Union partner as it meets all its necessary requirements. Its work is reliable and s, so traders can safely trade at FX Open. 

Traders, both novice and professional, can benefit from the best trading conditions offered by this broker. A variety of accounts are available to clients, including currency pairs, metals, precious metals, stocks, indices, and cryptocurrencies.

Several Traders Union clients choose FX Open as an intermediary. FXOpen is ranked among the top 15 best brokers, according to the analysts of Traders Union. 

FXOpen’s good reputation reflects positive reviews from clients, proving that the broker operates fairly with favourable conditions. The support specialists reply to all queries and complaints promptly.

Traders can easily access and evaluate information on the website via easy navigation. FXOpen’s platform can work at full pressure without any pressure. Hence, FXOpen is user-friendly, innovative and easily accessible to all its clients, making it most favourable worldwide.

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FSP number

Disclaimer:

Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks.

TradeFX is not a broker and does not provide trading or investment services. We do not execute trades or hold client funds. Broker listings may include affiliate relationships.
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