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FX Open reviews & ratings
See below for FX Open reviewsAverage Rating:
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Discuss FX Open on our Forex Forum
FX Open Reviews
i think fxopen is scam .cause they make requoet better for false or error.stay away for this broker.
↑ Back to toplet be sure of what we say.4 all i care av been using dis broker and all their servces av just been well.
↑ Back to topThis is totally scam why? i deposit $5 LR for testing real transaction . but false function. i request to support they says you are deposit is not enough $10 so you deposit again. where is my $5 ? My Account Balance: 0.00 they did not work real time
↑ Back to top
Dear Traders,
FXOpen is a pure scam which I have realized after spending 6 months with them. They trick you when you start to make money.
They sometimes show network problem to lose you money.
First time I thought they are good as you can withdraw money very quickly. Over the time I deposited and built my balance.
After 5 months learning I started making money quickly.
Now they showed me their real face.
Last Feb 09, 2011 they shutdown one of their servers and made the clients lose money.
After one day the said it was Force Majuere and deleted my profitable trades and kept the ones with loss.
They restored trading position which is older than 2 days.
In this process they took away $600+ from two of my accounts.
I mailed them but they didn't bother to answer any of my e-mails. When I went to live chat, they told me to contact with dealer1 & gave me lame excuses.
You can't call them because they don't have any phone no.
Next 2 days they took $100 more saying that they are adjusting my balance.When I checked all my transaction history & manually calculated my balance in Excel, I found another scam about their calculations.There should have been $400 more in my account which was missing. Again I mailed, again no answer.
Now, after 6 months with them I have $169 and all profits gone.
My total deposit was $350.
So if you don't want to lose money dont go with them.
I have learned it in the hard way.
I can show you all my transactions with them.
Today 21feb-2011, They took $20 from my a/c again so I took out all my remianing from them.
* FXOpen doesn't have any license . All their licenses are cancelled now. Now they are trying to get AUS license.
BEWARE OF THEM.
GOOD LUCK
Good day! I am here to say, what ever here have 5 stars or SCAM review. do you own decision with playing with a legal Forex Broker.
Check below NFA website.
http://www.nfa.futures.org/basicnet
FXOPEN did not register in NFA, do you want to risk your money in a Broker did not register?
IT maybe you could withdraw sometime, but once it happen the owner of OpenFX run away, they could run away with huge big $$$$. some time, a SCAM will show you hornest for beginning.... do your own rish
I had 10+ account at FxOpen, which I am able to generate easily in Trader's cabinet. All accounts made great profit, and funds are easily transferred out as request is responded within 24 hours. I opened my first FxOpen account at FxFrench and Jafar was great and responsive. I now canceled all my other 7 broker accounts and stay at FxOpen!.
↑ Back to topI had one of their ECN accounts. They actually DELETED winning trades. I called them up to enquirer and they flatly denied ever doing it. I attempted to show them my records from MT. They claimed I had faked them. They advertise no dealer intervention. This is true, they don't intervene when you are trading, only when you are finished trading! Similarly, I went to close the account and they would only give me back my initial deposit (10,000 USD) since they claimed I was "cheating" yet wouldn't even define what "cheating" was. Be warned, do not open ANY type of account with these criminals.
↑ Back to topRating: Not Rated Submitted by: FXOpen manager (13.04.2010 01:14)
Dear Friends,
I can see few reviews saying that our company has different bank details or do not pay money back...this information is untrue.
Feel free to contact us: manager@fxopen.com if you have any questions.
I did e-mail this guy asking few questions , 5 business days since I did and no answer so far :)
BE CAREFULL :)
I have been with FXOpen for 2 years and this is my story:
Depositing money was easy, I was up and running in a few seconds. When I tried withdrawing money out for the first time, it was a bit difficult, why? Because I was suppose to trade at least 100 mini pip\lots if I remember correctly. So if there's anyone out there how's having a problem withdrawing cash, then that is why. It does make sense because drug dealers would use brokers to hide money, LOL.
The problem I had was, they verified my account and after a while it was unverified. They said that I must send my statement in English and I'm Xhosa. My documents were in English and in South Africa, all documents are in English, from ID to everything else. I had a live chat with one of the support people and it was sorted out, though I wasn't happy with the service.
Another problem was, they closed an account without any notification. I found out that if your account is not active after some days, they close it. With deposit, withdrawal, trading statement etc, notices are always on time.
FXOpen is ok, and my advice would be:
Always start with a micro account first, trade a little and withdraw some cash. It mite take some time at first because they need your bank account details and once that is sorted, everything will be ok.
Download two other charting software that are the some as the one you are using being MT4 from other 2 different brokers. All those prices should be moving in the some direction. In that way you'll know if your broker is trying to stop you out. And you'll know if your strategy is crappy... Because there is no ways that price will move in your direction all the time. We all suffer from draw backs.
Awe...
Name: cafe de art
am with them allmost 1 years, by all means they doing really great job, am truly satisfied with them.
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Name: gL4di4t0R
let's be honest, i found them on internet nearly 1 month ago , i deposited sum of 15k$ with them, when i did make profits and make the money 30k$ , i got pessimist with them, i searched google for review of them , i all have read was that they are scams , i really scared , i chatted with bodies they said it too, and they said that i most withdraw all of my money from them but if they pay you, so i requested the withdraw of 450$ , first time they rejected the request, i got scared more, i mailed them they said that you most provide the webmoney number that you have deposited from, i did correct the number, oh yes they paid me, i did request another 2210.48 $ , they paid me again, i did request another two 5000$ , oh come on they paid me again, oh my god , only after 1 month i did double my money and all of my deposits in my bank accounts , they are really nice, fast deposit, but slower withdraw, don't scare, you are safe with them , trade with honest and you will get your money more honestly.
thank you fxopen, and thanks to all the guys that works for fxopen.
if you want i can upload my statement and my screen shot of my withdraws in any where.
i will post this review on other sites too , so if you seen this review elsewhere I'm not a bot , I'm a real person from Iran.
i made a loss few months ago. After few months stop trading at real account, they just cancel my account without any notice, all my balance in my account had gone. Be ware of this broker
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Name: Artiom
I am trader from Lithuania and I have positive experience with this broker.I know it do not trade against me so nothing but me will decide success of my trading.I would recomedn it to all who want to trade forex start easy and fast. Good broker.
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Name: Zharko
This is very very good broker.Very satisfied with all they do.Very easy to trade and good servers.Never problems with money.
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Name: Anthony
Satisfied with my broker.I use MB trading and FXopen for ECN , MB has bit lower fees but FXOpen has better spreads and execution.
↑ Back to topDear Friends,
I can see few reviews saying that our company has different bank details or do not pay money back...this information is untrue.
Feel free to contact us: manager@fxopen.com if you have any questions.
Name: Sami
This my first non-US based broker and by my surprise it is very good. Must say that it works much better to me in all ways.
↑ Back to topIt's now year 2010.
Any more reviews on FXopen? They have an open forum which seems & looks pretty transparent and legitimate. Also, their Moderators & IB answers all questions posted at their site and help solves problems faced by their clients too.
You can trade with this broker
But Just small amount
Don't make too much profit
They don't like it
And I'll ask you
ARE YOU MAD OR ST*PID CHOOSING THIS AS YOUR BROKER
TAKE YOUR HARD EARNED MONEY BUT NEVER GIVE YOU BACK?
Inform you
JUSt Don"t BE STUPID
NEVERR
EVERR
PUTT
YOUR
MONEY
IN THIS
DAMN
BROKER
one more time baby!
NEVERR
EVERR
PUTT
YOUR
MONEY
IN THIS
DAMN
BROKER
NEVER!!
Name: Mustafa
to be fair i didn't face any problem wiyh FXopen
great support ,easy Deposit and withdraw ,all limited orders and stop working good , spread is fixed even @ News Time
to be honest i didn't testing them in withdrawing a big amount over 500$ but they fine with me
many ppl complain cuz they it's their fault no thing else , but may be there'r many ppl faces al ot of probs with them
i hope some one test them and withdraw over 5K by bank
PS / they suppoer LR , ALertPay and many E-banks
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