A step by step tutorial on FXOpen's offerings including their accounts, spread fees, trading applications and more.

This Video Overview Includes:

📢 Trading products
📢 Account types
📢 Trading Platforms
📢Opening an account
📢 Educational resources
📢 And more...

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0:26 Overview
3:00 Trading platform
5:32 Account types
9:17 Opening an account
10:43 Educational resources
11:40 Conclusion

Read our Video Script:

FXopen is an online STP and ECN Forex broker that was founded in 2005 and they have over 1 million clients. As a broker that is regulated by the Australian Securities and Investments Commission, the Financial Sector Conduct Authority and the Financial Conduct Authority, you can rest assured that your investments are in good hands. FXopen offers more than 600 tradable currency pairs, Indices, Commodities, Shares, metals and Cryptocurrencies, and there are 4 types of accounts that you can open with them. They also offer PAMM (Percentage Allocation Master Module) accounts and you can start your trading career with FXopen by depositing as little as $1.

FXopen accounts can be connected to the MetaTrader trading platforms, which are available as a desktop platform, a mobile app or as a webtrader interface. MetaTrader 4 and 5 are currently ranking amongst the most popular trading platforms in the world. MT4 was released in 2005 and MT5 was released 5 years later. These platforms are renowned for their advanced analysis tools, thousands of technical indicators, customizable charts, EA and algorithmic trading support and they can be downloaded at no cost. As an FXopen client, you will also be able to use the TickTrader platform. TickTrader can be used as a desktop platform or a mobile app, and a web terminal is also available. It has a highly customizable, user-friendly interface that allows you to personalize your workspace and it comes with a variety of built-in technical analysis tools and indicators. TickTrader also has a detailed charting system and you can set up personalized trading alerts and switch between One-click and double-click trading modes. You can also use TickTrader to run your algorithmic trading strategies and Expert Advisors.

There are 4 types of accounts that you can open with FXopen and they also offer demo accounts and Sharia-compliant swap-free accounts. Once you are ready to make your first deposit, you can open a Micro account, a Crypto account, an STP account or an ECN account. The Micro account requires a minimum deposit of only $1 and it offers floating spreads on 28 currency pairs, and gold and silver. If you’re new to trading or you’re trading on a budget and you’re interested in trading cryptocurrencies, then the crypto account is a great option. You can open this account by depositing as little as $10, which will give you access to 43 crypto pairs and a leverage limit of 1:3. Should you prefer to trade Forex instead of cryptocurrencies, you also have the option of opening an STP account which will give you access to up to 50 currency pairs, as well as gold and silver. This is also a commission-free account with floating spreads and the minimum deposit required to open an STP account is only $10. This account can be used as a demo account and it can also be converted to a swap-free account.

FXopen provides beginner’s guides on the basics of trading, how to choose a broker and how to start trading. If you have any other questions about trading, you can visit the help center and the forex forum to view answers to some of the most commonly asked questions. You will also find updated market news and detailed market analyses on the website and you can visit the FXopen blog for weekly forecasts and market insights.

FXopen has been around for many years and over the years, they have tweaked their accounts to meet the needs of all types of traders. Whether you’re trading for the first time and you want to use a risk-free or low-risk account, or if you’ve been trading for many years and you have what it takes to be a strategy master - FXopen offers something for you. If you are interested be sure to join FXopen today and get a head start on your trading career so that you too, can be a part of the 2022 ForexCup Trading Championship!

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