Sunday, December 17, 2017

FX Open Dash Trading

fxopen dash broker

FX Open has been the first broker that actually started to offer cryptocurrencies,

this was way back when no other brokerage was willing to take the chance. this tell you enough about the brokerage.

Fx Open Dash Broker

This is one of the older brokerages out there that has been in business for the last 12 years or so.

The company was founded as often is the case, by a couple of serious traders that found the offering of the brokers at time lacking for what they looked to do and did not provide the trading experience they wanted.

And so they build their own broker. This means that the broker has its foundation in the trader’s arena and not vice versa.

You can still feel that today as a positive trading experience is what they aim to accomplish.

The company was founded in New Zealand, Auckland which was and is not known for its financial innovativeness but nonetheless they succeeded and succeeded well.

They received the licenses of ASIC and FCA licenses which till today is a solid and reputed regulation making sure that the traders interest are safeguarded

Trading Platform

The trading platform of FX open dash trading (as this is what we are talking about) is the Metatrader 4 or better known as the MT4, which is the leading platform for trading and has been so since it was launched by metaquotes.

The offer this platform in different formats. It is available in both versions, downloadable and web-based. The special features like the One-click trade executions, Forex robots, auto signals are known factors and features to the more expierenced traders and for them trading with FXopen is “plug and play.

FX open was one of the first to offer crypto currencies and fx open dash trading is pioneering the market.

 Account Types

FX open is a one stop shop broker for multiple services. If you want to trade ECN or commodities, STP or several Cryptocurrencies (Bitcoin, etc.) services,  eventhou we are here talking about FX open dash trading, they have it all.

The ECN account especially offers to all traders very tight spreads more important for some is they allow all different trading techniques like scalping, hedging, news-trading and automated trading.

Something that not every broke does is that they charge. Inactive traders a maintenance fee of $10 per month, or deactivation fee of $50 if they want to delete their account and trade elsewhere.

They have a demo account for those looking to first try their system and they offer in this account a full range of assets , in general the offer around 0 tradable assets

Funding methods

You are able to fund your account through a multitude of options  like wire transfers, credit cards and e-wallets (OKPay, Paysafecard, YandexMoney, WebMoney, Qiwi, Neteller, Skrill, PerfectMoney, Payza, and FasaPay).

They are faster then most brokers i when you look to withdraw your funds as it takes them in general only one day, furthermore this is also free except for the bank transfer which costed last hen I checked just over 40 usd.

FX Open Dash Broker Customer Support

They support available in Russian, French, German, Spanish, and Arabic. They have a full-service help-desk which will assist people where needed.

Due to the regulation, this is something that they have to invest in and take very serious. In general, their support is knowledgeable and polite. You should not run into really big issues here and when you do they will be resolved in a timely fashion.

In short this is a solid company, a good brokerage for those that look o trade and take their trading to the next level , for beginning traders I have other brokers like etoro and plus500 which might be easier but this broker doe offer everything a real trader need and wants

fx open dash Broker

Crypto trading account
Account currency USD, EUR, GBP, RUB, JPY,
*Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash
Minimum deposit from $10 (or equivalent in other currency)
Maximum balance without limitations
Spread floating
Commission 0.5% half-turn
Quotes format 0.12345
Execution market
Minimum transaction size 0.01 lots
Maximum transaction size without limitations
Minimal increment 0.01 lots
Leverage  1:3
Margin call 30%
Stop Out 15%
Demo accounts Yes
Islamic accounts No
Instruments 24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC
Bonuses None
Expert Advisors Yes
Scalping Yes
Hedging Yes
News trading Yes
Phone dealing Yes
Market depth with level 2 quotes Yes
Trading time 24/7
Inactive account fees maintenance – $10 per month;
reactivation – $50;
  • **The round-turn commission is equal to 1% of the base currency. Right after you open a trade, you will see the round turn commission charged.
    Trading commissions are a subject to review in case of high trading volumes.
    The minimum commission per transaction is 0.01 units of the MT4 account currency.
  • Commission may vary if you open an account through an affiliate, IB or franchise. Please, contact your referring agent for details.
  • ***For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.

RSS FX Open News

  • Trading Hours on Christmas and New Year 2018 December 14, 2017
    Trading Hours on Christmas and New Year 2018 Dear Traders, Please, note the changes in trading session times on Christmas and New Year 2018. December 22, 2017  Forex – normal trading hours Metals – normal trading hours Oil – trading ends at 22:00 (GMT+2) Indices: Australia 200  -  trading ends at 07:30 (GMT+2) UK 100 […]
  • Results of Classic without borders Contest December 5, 2017
    Results of "Classic without borders" Contest "Classic without borders" - a free Forex contest on demo accounts - ended on December 1. For two weeks, more than 1450 participants were deeply involved in the competition for the prize money of 2,000 USD. The contest has completely lived up to its name: for the first time […]
  • Christmas contest ForeXmas starts on December 11 November 27, 2017
    Christmas competition "ForeXmas" starts on December 11, 2017 FXOpen broker and ForexCup team invite traders to take part in a Christmas Forex contest "ForeXmas". The contest will be held on demo competition ECN accounts between December 11th and 22nd, 2017. Upon its completion, the organizers will award the 40 best winners with the prize money […]
  • Trading Hours on Thanksgiving 2017 November 20, 2017
    Changes to CFDs Trading Hours on Thanksgiving Dear Traders, Please note that due to the celebration of Thanksgiving in the USA trading hours on November 23-24, 2017 will be changed as follows: Thursday, November 23rd, 2017 Forex pairs - normal trading hours; Metals - trading ends at 20:00 (GMT+2); Oil and Gas - trading ends […]
  • New ForexCup Contest Starts on 20th November November 3, 2017
    New Forex competition “Classic without borders” starts on November 20th. Join now! Don't miss your chance to take part in a new Forex contest “Classic without borders” and compete for the real prize money! The contest is held on demo (competition) ECN accounts. “Classic without borders” is a unique opportunity for traders to show their […]

FX Open Dash Trading

FX Open has been in the industry for sometime now and has a solid and loyal trader foundation. this broker is fresh and offers to the traders everything you are to expect from a premium brokerage

COMPANY INFORMATION
Broker Details Info
Regulated By FCA, FSA
Headquarters United Kingdom
Foundation Year 2005
Publicly Traded No
Number Of Employees 100

Contact Information

Tel:+44 (0) 203 519 1224
Email:support@fxopen.co.uk
TRADING ACCOUNT OPTIONS
Account Type Info
Min. Deposit $300
Max. Leverage 0.388888889
Mini Account No
Demo Account Yes
Premium Account Yes
Islamic Account Yes
Managed Account Yes
Deposit Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer
withdrawal Options Credit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer
FXOPEN Dash UK TRADING FEATURES
SUITABLE FOR
Trader Level Yes/No
Beginners Yes
Professionals Yes
Scalping Yes
Day Trading Yes
Weekly Trading Yes
Swing Trading Yes
Social Trading No
CUSTOMER SERVICE
Time Yes/No
24 Hours Support Yes
Support During Weekends No
Customer Support Languages English, French, Russian
SUPPORTED INSTRUMENTS
Instrument Type Yes/No
Forex Yes
Commodities Yes
CFDs Yes
Indices Yes
ETFs No
Stocks No
Bonds No
Cryptocurrencies Yes

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Summary
Review Date
Reviewed Item
FX Open Dash trading as with other cryptocurrencies is done through the metatrader 4 platform, they are a licensed and fully regulated broker that offers multiple assets for trading and look to provide the traders with a transparent ,safe and positive trading experience .
Author Rating
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