What has been introduced over 2022
Dear Clients!
We have summed up the results of 2022: this year FXOpen has introduced several new services and features for more enjoyable and efficient trading.
1. FXOpen has announced Zero Commission on Index CFDs
FXOpen continues to make enhancements to its ECN liquidity. We know how Zero Commission is important to traders, that’s why we have launched zero commission trading for Index CFDs. Enjoy no commission fees on ECN accounts when you trade on MT4, MT5, or TickTrader platform. Trading indices now becomes as affordable as possible for all our clients.
At present, FXOpen supports over 600 markets, including Index CFDs, FX, shares CFDs, commodities CFDs, and cryptocurrency CFDs. (NB! Crypto CFDs are not available to Retail Clients in the UK).
2. FXOpen Announced 40% Spread Cut
FXOpen continues to make enhancements to the ECN liquidity, resulting in FX spreads being reduced by over 40%.
These tighter spreads will save traders money, and with 13% of price updates resulting in a choice price in EURUSD, FXOpen is the ideal venue to execute high frequency and scalping trading strategies.
3. Confirmed: FXOpen Is Your #1 ECN Broker
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.
As 2021 was approaching its end, 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 made a name for itself as the ECN trading pioneer: in 2009, our company’s clients gained access to the ECN market through MetaTrader which was made possible thanks to the in-house bridge technology.
Fast-forward to 2022, and FXOpen is offering ECN-integrated MT4, MT5, and the unique TickTrader trading platforms. Our clients can freely follow any of FXOpen’s best-performing and most reliable ECN PAMM accounts.
Why choose an ECN trading account with us?
- No dealing desk - the system matches your order against an opposite order from another participant of the ECN. FXOpen does not trade against you, there is no conflict of interest.
- Choose any trading style - scalping, news-trading, automated HFT, EAs.
- Affordability - $100 minimum deposit, 0.01 lot and commissions starting from 1.5 USD per standard lot.
- Trade with our TickTrader platform - choose either Gross or Net account type, depending on your strategy.
Additionally, FXOpen was highly evaluated by the Traders Union’s audience in the “Best European broker” category, and holds a commendable overall 8.2/10 rating
according to Traders Union expert evaluation.
4. FXOpen’s 2021 ForexCup Trading Championship Results
After a successful almost year-long run, the ForexCup Trading Championship came to a close on December 31, 2021. Out of nearly 30 very geographically diverse competing accounts, five demonstrated especially remarkable results, with the first-place winner receiving a gain of over 1091%, and claiming his $50,000 prize together with a commemorative crystal trophy.
Here are the final top-5 standings of the FTC 2021, coming from all over the world:
- Emirhan Gören: 1091.15% (winner of $50,000 and a crystal trophy)
- Prieur Du Plessis: 185.37% (received a commemorative crystal trophy)
- Eduardo Soares Bogosian: 61.74% (received a commemorative crystal trophy)
- Toivo Valtteri Melkko: 49.24%
- Julio Martins Leitao: 21.88%
The competition is judged based on the percentage gain made by traders thanks to decisions and returns of each individual trader rather than on the amount deposited.
5. FXOpen Leads the Way Into 2022 With 33 New Ultra-Modern ETF CFDs
A new year is upon us, and the ever-evolving nature of the electronic derivatives trading market is in full swing.
As a committed broker in providing you, our valued traders, with an extensive product range, FXOpen is delighted to announce the launch of 33 comprehensive ETFs which range from technologically advanced innovators in automation and robotics, automotive battery technology, to minerals and mining companies, and the traditional and alternative energy sectors.
The newly available funds, which are now accessible via TickTrader, our highly acclaimed platform, offer our traders the opportunity to invest in the prices of these 33 ETFs.
In order to maximize market opportunity, FXOpen is offering these new ETFs with a leverage ratio of 1:5, which is identical to that offered to our stock CFD traders. This means that you, our loyal clients, can now trade ETFs in the form of CFDs which facilitates investment in the prices of these cutting edge instruments.
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