FXOpen
| File:FXOpen logo.svg | |
| Private | |
| ISIN | 🆔 |
| Industry | Financial services |
| Founded 📆 | 2003 |
| Founder 👔 | |
| Headquarters 🏙️ | , |
Area served 🗺️ | |
Key people | Jafar Calley (Director) Alexey Stepanov (CEO) |
| Services | Online Forex trading, precious metals trading, CFDs |
| Members | |
Number of employees | 500+[1] |
| 🌐 Website | www www |
| 📇 Address | |
| 📞 telephone | |
FXOpen is a retail and institutional forex broker offering online trading services via MetaTrader 4, MetaTrader 5 and TickTrader trading platforms. It provides access to the electronic communication network (ECN) to trade currency, commodity, indices and stock CFDs. FXOpen companies operate in Australia, Saint Kitts and Nevis, the United Kingdom and Cyprus and have representatives in a number of other countries.[2][3][4][5]
History[edit]
FXOpen was founded in 2003 as an educational centre of technical analysis in Egypt.[6][7] In 2005, the company launched a brokerage services. In 2006, the company introduced Micro accounts and swap-free Shari’a compliant accounts.[7] In 2009, FXOpen developed its own bridge technology that provided retail traders with an access to the ECN market via the MetaTrader platform. Subsequently, it also provided ECN PAMM accounts.[8]
In August 2014, FXOpen NZ Limited stopped issuing derivatives to retail customers and the company was deregistered from the financial services provider register. In July 2015, New Zealand revoking its registration from the Financial Dispute Resolution Scheme. Since 2015, FXOpen LP Limited (New Zealand) a limited partnership, provides trading technology platform to wholesale customers.[9]
In 2021, FXOpen launched a trading platform TickTrader which allows to combine trading forex, stocks, indices, and commodities within one trading account.[10]
Operations[edit]
FXOpen offers an ECN-integrated MT4, MT5 and TickTrader trading platforms, compatible with algorithmic trading. It enables users to apply various trading robots, known as expert advisors.[8] FXOpen provides traders with proprietary designed One Click Trading Level2 Plugin software (OCTL). The tool was released in 2013 and is regarded as the Level2 application update optimizing the order execution process in the MT4 platform.[11]
References[edit]
- ↑ "Working at FXOpen". Glassdoor.com. Retrieved 16 April 2015.
- ↑ "FXOpen Forex Broker". EarnForex.com. Retrieved 16 April 2015.
- ↑ "Australian financial services licensing". ASIC. Retrieved 16 April 2015.
- ↑ "579202 - FXOpen Ltd". FCA. Retrieved 16 April 2015.
- ↑ "ООО "ОТКРЫТЫЙ ФОРЭКС" - Москва". B2B-Project.ru (in русский). Retrieved 16 April 2015.
- ↑ "International Association of Forex Traders". tradersunion.com. Retrieved 16 April 2015.
- ↑ 7.0 7.1 "Innovations for traders' sake". World Finance. 4 January 2011. Retrieved 16 April 2015.
- ↑ 8.0 8.1 Greenberg, Michael (12 October 2009). "FXOpen keeps up with the innovation - launches first ever ECN PAMM accounts based on Metatrader 4". FinanceMagnates. Retrieved 16 April 2015.
- ↑ "FXOPEN NP LIMITED (Registered)". Companies Office of New Zealand. Retrieved 10 June 2016.
- ↑ "FXOpen proudly presents TickTrader, an excellent solution for the EU trading community". 20 July 2021.
- ↑ Nikolova, Maria (17 September 2013). "FXOpen Releases Updated Plugin for One Click Trading, Market Depth". Forexbrokerz.com. Retrieved 16 April 2015.
External links[edit]
This article "FXOpen" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:FXOpen. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
- CS1 русский-language sources (ru)
- Blanked or modified
- Financial derivative trading companies
- Financial services companies established in 2003
- Foreign exchange companies
- Online brokerages
- Financial services companies based in London
- Financial services companies of Russia
- Companies based in Perth, Western Australia
- 2003 establishments in Egypt
