What has been introduced over 2021

What has been introduced over 2021

Dear Clients!

We have summed up the results of 2021: this year FXOpen has introduced several new services and features for more enjoyable and efficient trading. 

1. FXOpen launched traders tools extension for Google Chrome

At the beginning of 2021 FXOpen provided you with the best Forex trading tools directly from your browser.
  • Analytics: in-depth technical and fundamental analysis and forecast for currencies and commodities by experienced financial analysts
  • Quotes: real time prices and spreads
  • Calendarimportant events and releases that affect the forex, stocks and commodities markets
  • Company news: latest FXOpen company news and promotions
  • Live newsFX live trading news

 Install FXOpen Traders Tools.

The extension is also connected to the Client Portal and Forex trading accounts page, allowing you to access the information you need with just a single click.

2. ForexCup Trading Championship 2021 

The ForexCup Trading Championship is a one-of-a-kind contest designed to engage investors, traders, and portfolio managers in fair and reliable global competition. For an entire year, participants have been competing for the title of the best and for a hefty cash prize of 50,000 U.S. dollars, which will go to whoever demonstrates the most profit at the end of the year 2021.

  • The contest is available to anyone who has an active FXOpen ECN account. The only requirement is to have a minimum trading deposit and follow the contest rules.
  • Participants can choose any instruments available within their jurisdictions: spot FX, Index, Commodity, Stock, Metal or Crypto CFDs.
  • Three personalized crystal trophies are prepared for the first three places, and the trader who takes the first place will receive a cash prize of $50,000 without any additional conditions.
Anyone interested can sign up now or read more about Forex Trading Championship 2022 rules and philosophy here.

3. New instruments added with FXOpen Markets 

Observing the growing demand for trading “Top Pick” instruments, we introduced the following positions in FXOpen Markets:

  • SPDR S&P 500 ETF Trust (SPY)
  • Global X Lithium & Battery Tech ETF (ICLN)
  • iShares Global Clean Energy ETF (ICLN)
  • Vale SA (VALE)
  • BlackBerry Ltd (BB)
  • Bayer AG (BAYN)

If you need any additional info about the list of the instruments provided or have any other questions, please do not hesitate to contact our Customer Service.

4. Instant Bank Transfers for Vietnam and South Korea 

FXOpen was pleased to announce that we've added a new method of depositing and withdrawing funds for clients from Vietnam and South Korea. Instant Bank Transfers are transactions made from an online bank account in a local currency.

  • Currencies: VND, KRW
  • Minimum deposit: VND 100,000 / KRW 10,000
  • Maximum deposit: VND 300,000,000 / KRW 30,000,000
  • Minimum withdrawal: VND 100,000 / KRW 300,000
  • Maximum withdrawal: VND 300,000,000 / KRW 30,000,000
  • Deposit fee: 3,7% Vietnam / 5% South Korea
  • Withdrawal fee: 2,5% Vietnam / 5% South Korea

5. TickTrader functionality has expanded 

After launching its own product, the TickTrader platform, FXOpen started expanding its functionality.

The number of available stock and ETF CFDs is already more than 500, and we added more popular instruments:

  • iShares Russell 2000 Growth ETF (IWO)
  • Autonomous Technology & Robotics ETF (ARKQ)
  • Next Generation Internet ETF (ARKW)
  • Genomic Revolution ETF (ARKG)
  • Fintech Innovation ETF (ARKF)
  • The 3D Printing ETF (PRNT)
  • Israel Innovative Technology ETF (IZRL)
  • Space Exploration & Innovation ETF (ARKX)
  • Coinbase Global Inc (COIN)
  • iShares MSCI South Korea ETF (EWY)
  • Robinhood Markets Inc (HOOD)

Learn more about TickTrader on our official website in the TRADING > Platforms > TickTrader menu.

6. Trading conditions for Micro account changed 

FXOpen reduced the minimum trade volume from 0.1 to 0.01 microlots.

A Microaccount is an account with a minimum initial deposit, trade volume and margin requirements. This type of account is ideal both for beginners to put their Forex skills to test, and professionals to develop new trading strategies, test indicators and EAs risk-free.

More info on microaccounts, their advantages and trading conditions is available here (available for FXOpen Markets only).

7. Commission-free trading until 31st December 2021

FXOpen is trying to please its clients with various promotions and more profitable trading conditions. Follow our news and promos on the official site not to miss the favorable offers.

Up until December 31st 2021*, FXOpen clients were able to enjoy commission-free trading on all their shares and indices trades as soon as their net deposit goes over $2,000/€2,000/£2,000.
All they have to do to activate the promotion is to contact our Customer Support team right after their deposit is made.

Terms and conditions:
  • Promotion applies to Retail clients only
  • Free deposit offer applies to WebMoney and card deposits only
  • If withdrawing funds, the standard commission rate applies
  • Funds deposited to access the promotion cannot be withdrawn until 31st December 2021
  • Zero commission tier is available from the date the net deposits reach $2000 (or currency equivalent) to 31st December 2021 inclusive
  • The commission will be charged at the standard rate and then rebated to the client account after 1st January 2022
  • Email support@fxopen.com to activate the promotion after depositing your funds
  • Zero commission rate applies to stock CFD and index CFD trades only
  • Commissions for 1 Standard Lot (100,000) per side
  • This promotion is only available for FXOpen Markets Limited clients

8. Forex Games

Traditionally FXOpen held several Money Manager contests on real PAMM accounts with a prize fund of USD 10,000.  

FXOpen invites traders to participate in the new Money Managers contest which starts on January 3, 2022. Registration will be open till February 28, 2022.

You are most welcome to join and test your skills as a talented PAMM Master! Participate!

Learn more about Forex.game contests.

9. FXOpen is your #1 ECN Broker

At the end of 2021, the International Association of Forex traders (aka the Traders Union) held a unique voting event, calling members of its 200,000-some audience to render their opinion and name the best broker in each of a variety of categories.
FXOpen now holds the title of the Best ECN Broker of 2021, according to the IAFT, after thousands of traders singled out its expertise in the sphere and cemented this status by giving it a 100% positive rating.
Here is why the Traders Union audience considers FXOpen a 
leader among dozens of other renowned top ECN brokers: Trusted by over a million traders worldwide, FXOpen lets its clients benefit from the industry's most competitive raw market spreads from 0 pips, lowest trading commissions, and seamless order execution.

    • Related Articles

    • Trading accounts: how to add

      To open a trading account: Log in to the Client Portal.  In the Add Account menu, under Trading Accounts, select the account type. Learn more about available account types in the TRADING > Trading Accounts section on the company's website. Read the ...
    • Account opening and authorization

      Open a trading account Important: Only ECN trading accounts are currently supported in MetaTrader 5. Live account If you are not registered with FXOpen, open a live account first. To open an ECN (MT5) trading account, select Add Account → ECN (MT5) ...
    • Slippage control (cancelled by dealer)

      Order execution in ECN accounts is designed in a way that provides super-fast execution as well as excludes any dealer intervention in the process. However, these significant advantages might possibly cause adverse high slippage in rapid-moving ...
    • Slippage control ('cancelled by dealer')

      Order execution in STP accounts is designed in a way that provides super-fast execution as well as excludes any dealer intervention in the process. However, these significant advantages might possibly cause adverse high slippage in rapid-moving ...
    • Account opening and authorization

      Open a trading account Live account If you are not registered with FXOpen, open a live account first. To open an MT4 trading account, log in to the Client Portal, select Add Account > Trading Accounts > MetaTrader 4, select the account type and fill ...