FXOpen UK Review 2026
Established in 2005
•
UK
• FCA Regulated
FXOpen UK is a well-established broker with a solid 4.0/5 rating. Regulated by FCA (highest protection tier), this broker offers spreads from 0.2 pips on EUR/USD with a minimum deposit of $300. Trade 600+ instruments including forex, CFDs, and more.
📊 FXOpen UK Overview
FXOpen UK is a well-established broker founded in 2005 headquartered in UK. The broker operates under the supervision of FCA , one of the world's most respected financial regulators known for strict oversight and investor protection .
With access to 600+ tradable instruments including 70 forex pairs , FXOpen UK caters to diverse trading strategies. The broker uses ECN execution .
| Legal Name | FXOpen UK |
|---|---|
| Founded | 2005 |
| Headquarters |
UK
|
| Primary Regulation | FCA (Tier 1 - Highest Protection) |
| Instruments | 600+ assets |
| Min Deposit | $300 |
| Max Leverage | 1:200 |
📖 FXOpen UK — In-Depth Introduction
Few brokers can match the 21-year legacy of FXOpen UK, a true industry pioneer that has weathered multiple market cycles. The FCA license held by FXOpen UK represents the gold standard in forex regulation. Traders can operate with confidence knowing their funds are protected by one of the world's most respected financial authorities. FXOpen UK positions itself as a premium choice for cost-conscious traders, with EUR/USD spreads averaging just 0.2 pips—significantly below the industry average of 1.0 pip.
Company Background
FXOpen UK has been operating in the financial services industry for 21 years. Headquartered in UK, the company has weathered multiple market cycles including the 2008 financial crisis and the 2020 pandemic volatility, demonstrating operational resilience.
The broker provides access to 600+ tradable instruments.
💸 FXOpen UK Fees — Complete Cost Analysis
FXOpen UK's fee structure is designed for high-volume traders who understand that every pip counts. The 0.2 pip average spread on EUR/USD translates to real savings over hundreds of trades. On ECN/Raw accounts, FXOpen UK charges $3.5 per lot round turn in addition to raw spreads. This transparent pricing model is preferred by many professional traders. For context, a day trader executing 5 round-turn trades daily at 1 lot each would pay roughly $10 in spread costs per day with FXOpen UK. Over a month (22 trading days), that's $220.
Trading Costs Breakdown
💡 Cost Calculator: FXOpen UK
Non-Trading Fees
| Fee Type | FXOpen UK | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is FXOpen UK Safe? — Complete Security Analysis
FXOpen UK's 80/100 safety rating indicates acceptable risk levels. Key protections are in place, though some areas could be improved. Client funds at FXOpen UK are held in segregated accounts at top-tier banks, completely separate from the company's operational funds. This means even in the unlikely event of broker insolvency, your money remains protected and inaccessible to creditors.
Regulatory Framework
FXOpen UK is regulated by FCA.
Security Features Checklist
Understanding the Trust Score
Our 80/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use FXOpen UK?
✅ Best For
- Scalpers and high-frequency traders should consider FXOpen UK for its 0.2 pip spreads and rapid execution. Every fraction of a pip saved adds up when executing dozens of trades daily.
- Muslim traders can benefit from FXOpen UK's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
- FXOpen UK's copy trading functionality makes it ideal for passive investors who want market exposure without active management. Follow successful traders and replicate their strategies automatically.
❌ May Not Suit
- Those seeking the absolute lowest trading costs.
Looking for alternatives?
📝 The Bottom Line on FXOpen UK
FXOpen UK is a solid choice for most traders looking for reliability with a 4.0/5 rating.
📈 FXOpen UK Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how FXOpen UK performed in our rigorous testing:
FXOpen UK offers a solid trading experience with competitive conditions.
💰 FXOpen UK Fees & Spreads
Understanding trading costs is crucial for profitability. FXOpen UK uses a variable spread model with commissions of $3.5 per lot round turn. The average EUR/USD spread is 0.2 pips — one of the lowest in the industry.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.2 | 0.2 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | $3.5/lot |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | ✓ Available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with FXOpen UK:
- Spread Cost: 0.2 pips × $10/pip = $2.0
- Commission: $3.5 round turn
- Total Cost: $5.5 per lot
🛡️ FXOpen UK Regulation & Safety
FXOpen UK is regulated by FCA, a Tier 1 - Highest Protection regulatory authority. This means the broker must adhere to the strictest financial regulations, including capital requirements, regular audits, and mandatory investor protection schemes.
📜 Regulatory Licenses
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 80/100
High Trust: FXOpen UK has demonstrated excellent regulatory compliance and safety standards.
🖥️ FXOpen UK Trading Platforms
FXOpen UK offers 3 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
MetaTrader 5
Advanced multi-asset platform with more timeframes, order types, and improved backtesting.
- ✓ 21 Timeframes
- ✓ Depth of Market
- ✓ Economic Calendar
- ✓ Multi-Asset Support
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader |
|---|---|---|---|
| Available | ✓ | ✓ | ✗ |
| Copy Trading | ✓ | ✓ | ✓ |
| Algo Trading | ✓ | ✓ | ✗ |
| VPS Available | ✓ Free VPS | ||
| API Access | Not available | ||
🌐 FXOpen UK Tradable Instruments
FXOpen UK offers access to 600+ tradable instruments across multiple asset classes. This includes 70 forex pairs .
👤 FXOpen UK Account Types
FXOpen UK offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.
Practice with virtual funds
Compliant with Sharia law
Not available
Not available
Replicate successful traders
💳 FXOpen UK Deposits & Withdrawals
FXOpen UK requires a minimum deposit of $300 .
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ FXOpen UK Pros & Cons
✅ Pros
- Ultra-low spreads from 0.2 pips on EUR/USD
- Top-tier FCA regulation ensures high safety standards
- Offers both MetaTrader 4 and MetaTrader 5 platforms
- Free demo account available for practice
- Negative balance protection for retail traders
- Copy trading available for passive investing
- Swap-free Islamic accounts available
❌ Cons
- Limited educational resources for advanced traders
📚 FXOpen UK Education & Research
FXOpen UK's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 FXOpen UK Customer Support
FXOpen UK offers customer support to assist traders with their queries.
⭐ FXOpen UK User Reviews
📝 User reviews will be displayed here. Share your experience with FXOpen UK!
Write a Review🏆 FXOpen UK — Our Verdict
FXOpen UK is a solid choice for most traders. With FCA regulation, 0.2 pips EUR/USD spreads, and a $300 minimum deposit, this broker is a good choice for safety-conscious traders .
Best for: Scalpers and high-frequency traders , Safety-focused traders , Passive investors
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ FXOpen UK — Frequently Asked Questions
Is FXOpen UK a safe and regulated broker?
Yes, FXOpen UK is regulated by FCA, which is a Tier 1 - Highest Protection regulatory authority. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at FXOpen UK?
The minimum deposit at FXOpen UK is $300.
What trading platforms does FXOpen UK offer?
FXOpen UK offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- MetaTrader 5 (MT5) — Advanced multi-asset platform
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are FXOpen UK's spreads on EUR/USD?
FXOpen UK offers EUR/USD spreads with an average of 0.2 pips. On ECN accounts, there's a commission of $3.5 per lot round turn.
How long do withdrawals take at FXOpen UK?
Withdrawal processing times at FXOpen UK depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does FXOpen UK offer a demo account?
Yes, FXOpen UK offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is FXOpen UK's maximum leverage?
FXOpen UK offers maximum leverage of 1:200. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:200 may be available
Higher leverage increases both potential profits and potential losses.
Can I use FXOpen UK in ?
FXOpen UK accepts traders from . The broker operates under FCA regulation. Always verify current availability and applicable regulations on the broker's website.
Does FXOpen UK offer Islamic (swap-free) accounts?
Yes, FXOpen UK offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact FXOpen UK's support to request an Islamic account.
What instruments can I trade with FXOpen UK?
FXOpen UK offers access to 600+ tradable instruments:
- 70 Forex currency pairs
