Sunday, October 13, 2019

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 currencyUSD, EUR, GBP, RUB, JPY,
*Bitcoin (mBTC), Litecoin (LTC), Ethereum (ETH), and Dash
Minimum depositfrom $10 (or equivalent in other currency)
Maximum balancewithout limitations
Spreadfloating
Commission0.5% half-turn
Quotes format0.12345
Executionmarket
Minimum transaction size0.01 lots
Maximum transaction sizewithout limitations
Minimal increment0.01 lots
Leverage 1:3
Margin call30%
Stop Out15%
Demo accountsYes
Islamic accountsNo
Instruments24 pairs with BTC, LTC, ETH, DSH, EMC, NMC and PPC
BonusesNone
Expert AdvisorsYes
ScalpingYes
HedgingYes
News tradingYes
Phone dealingYes
Market depth with level 2 quotesYes
Trading time24/7
Inactive account feesmaintenance – $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

  • FXOpen Launches "The Lord of the Crypto" October 4, 2019
    FXOpen Launches "The Lord of the Crypto"— a Free Demo Forex Contest FXOpen is inviting traders to take part in a regular contest on demo accounts and to try cryptocurrency trading. "The Lord of the Crypto" is a free demo contest for crypto fans with real money prizes for a total of $3,000. Registration is open […]
  • "Money Managers" starts on September 30, 2019 September 20, 2019
    FXOpen starts "Money Managers" contest on real PAMM accounts with $10,000 prize fund FXOpen broker is inviting traders to take part in "Money Managers", a competition on real PAMM accounts, offering $10,000 in prizes. The competition starts on 30th September and registration is open untill 1st November. Register right now!
  • Deposit with No Commission prolongation September 9, 2019
    Deposit with No Commission via Any Payment System until 31st October 2019 FXOpen broker has good news for traders. The Summer promotion "Hot Summer 2019" is extended till 31 October, 2019.
  • The results of the "Money Managers" Forex Contest September 5, 2019
    FXOpen announces the results of the "Money Managers" Forex Contest "Money Managers" - a Forex contest on real PAMM accounts - ended On August 30th, 2019. In this contest there are only two winners: 1 place: GSV gets $5000-prize from FXOpen for investments. 2 place: Sanyok11 gets $3000-prize from FXOpen for investments. We congratulate the […]
  • Changes to CFD Trading Hours due to US Labour Day August 21, 2019
    Changes to CFD Trading Hours due to US Labour Day Dear Traders, Please note that due to the celebration of Labour Day on Monday, September 2nd 2019  in the US trading hours for some financial instruments will be changed as follows: Forex pairs: normal trading hours; Metals: trading session ends at 20:00; Oil, Gas: trading […]

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 DetailsInfo
Regulated ByFCA, FSA
HeadquartersUnited Kingdom
Foundation Year2005
Publicly TradedNo
Number Of Employees100

Contact Information

Tel:+44 (0) 203 519 1224
Email:support@fxopen.co.uk
TRADING ACCOUNT OPTIONS
Account TypeInfo
Min. Deposit$300
Max. Leverage0.388888889
Mini AccountNo
Demo AccountYes
Premium AccountYes
Islamic AccountYes
Managed AccountYes
Deposit OptionsCredit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer
withdrawal OptionsCredit Card, Moneybookers, Neteller, Skrill, Webmoney, Wire Transfer
FXOPEN Dash UK TRADING FEATURES
SUITABLE FOR
Trader LevelYes/No
BeginnersYes
ProfessionalsYes
ScalpingYes
Day TradingYes
Weekly TradingYes
Swing TradingYes
Social TradingNo
CUSTOMER SERVICE
TimeYes/No
24 Hours SupportYes
Support During WeekendsNo
Customer Support LanguagesEnglish, French, Russian
SUPPORTED INSTRUMENTS
Instrument TypeYes/No
ForexYes
CommoditiesYes
CFDsYes
IndicesYes
ETFsNo
StocksNo
BondsNo
CryptocurrenciesYes

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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
41star1star1star1stargray

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