Inactive account fee
A trading account is deemed inactive (or ‘dormant’) if over a period of 90 days there are: no trades or open positions; or no deposits, withdrawals or transfers. Inactive accounts will be charged $10.00 each month. The fee will be deducted from an ...
How to verify FXOpen UK account How to verify FXOpen EU account Verification of Main account is required for deposits through any payment system. Deposits are available for Main account with Grade 2 verification or higher. Learn more about ...
Margin Call and Stop Out
In ECN accounts, the Margin Call is triggered when the Margin Level (Equity to Margin ratio) is less than 100% (i. e. the equity of your trading account is equal to the margin used to open the positions). A position is stopped out (closed by broker ...
Bank Card verification procedure
In compliance with the Anti-Money Laundering (AML) and Countering Financing of Terrorism Act (2009), in some cases FXOpen can request a client to verify his bank card ownership. The following documents should be provided to confirm your bank card ...
Automatic withdrawal of cryptocurrency
The automatic withdrawal feature simplifies the process of sending cryptocurrency to the client's wallet. According to our rules, all withdrawal requests are checked and processed manually by the financial department for security reasons. In case of ...