FXOpen review — FCA, CySEC, ECN accounts, TickTrader
FXOpen operates through several legal entities with different regulation — conditions differ noticeably depending on which entity serves the client.
An editorial review by FOX Trading Capital — not a client review, not advertising and not investment advice. FOX receives no payment from the broker for this material and uses no affiliate links in it. Conditions depend on the legal entity and the client's country and may change; check them on the broker's website before opening an account. Leveraged CFD trading carries a high risk of losing money rapidly. Broker data checked on the official website on 25 October 2026.
Legal entities
| Entity | Jurisdiction | Regulator / number |
|---|---|---|
| FXOpen Ltd (FXOpen UK) | England and Wales, No. 07273392 | FCA, firm reference 579202 |
| FXOpen EU Ltd | Cyprus | CySEC, licence 194/13 |
| FXOpen Markets Limited (FXOpen INT) | Nevis, No. C 42235 | regulator not specified |
FXOpen UK conditions (FCA)
- Minimum deposit from £300 / $300 / €300; all accounts are ECN.
- Retail leverage: up to 1:30 on major FX, 1:20 on minor FX, gold and indices, 1:10 on energies and silver.
- Retail client funds protected by the FSCS up to £85,000.
- Platforms: MT4, MT5, TickTrader.
FXOpen INT conditions (FXOpen Markets Limited)
| ECN tier | Condition | FX commission per side per lot |
|---|---|---|
| Basic | min. deposit $100 | $3.50 |
| Classic | equity from $1,000 | $2.50 |
| Advanced | equity $25,000–250,000 | $1.80 |
| Elite | equity above $250,000 | $1.50 |
Spreads from 0.0 pips, leverage up to 1:500, Margin Call 100% / Stop Out 50%, market execution, Expert Advisors supported. The commission rate is reviewed monthly by volume and equity. FXOpen does not serve US residents.
Algorithmic trading
Expert Advisors are supported on ECN accounts; MT4 and MT5 are available. A high Margin Call (100%) and a 50% Stop Out at the international entity mean multi-order strategies are warned earlier than at brokers with a 50% level.
Strengths
- FCA- and CySEC-regulated entities.
- A published ECN commission ladder.
- FSCS protection for FXOpen UK retail clients.
Limitations
- Conditions depend heavily on the entity; the international entity's regulator is not specified on the website.
- High minimum deposit at FXOpen UK (from 300).
- Founding year not specified on the pages checked.
FOX conclusion
The strength is the FCA- and CySEC-regulated entities and a published ECN commission ladder. Before opening an account, know which entity serves you: the UK one offers FSCS protection and up to 1:30 leverage; the international one offers up to 1:500 and its regulator is not specified on the website.
Evaluation criteria
- regulation of the legal entity that serves the client
- full trade cost (spread + commission) on EUR/USD and gold
- MT4/MT5 and Expert Advisor support
- Margin Call / Stop Out levels
- transparency of the published conditions
Sources
The materials are for information only and are not investment advice. Leveraged trading carries a high risk of losing money.
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