1. The foreign exchange market or Forex is a global decentralized market for trading currencies.

    Company Information
    FXOpen is a brokerage company which has proved its positions in the industry. The company is known both as a dealing –desk center (providing accounts of Market-Maker type) and ECN/STP innovator. Since its foundation, the broker has improved its PAMM service and offered the lowest spreads (starting from 0 pips). FXOpen has developed its own partnership program. The company keeps on working out better solutions for its customers and aims to uphold its positions in future.
    Foundation Year: 2003
    Regulated By: Australian Securities and Investments Commission (Australia), The Financial Conduct Authority (United Kingdom), Financial Service Providers Register (New Zealand)
    Website Languages: Arabic, Chinese, English, Farsi, French, German, Hebrew, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Turkish, Dutch, Thai, Malay, Indonesian, Georgian
    Account Options
    Broker Type: Market Maker
    Account Currencies: AUD, JPY, GBP, CHF, USD, EUR, SGD, RUB
    Minimum Deposit: $1
    Majors Spread:
    EUR/USD: 2
    GBP/USD: 3
    USD/JPY: 2
    Maximum Leverage: 500:1
    Minimum Trade Size: 10000
    Scalping: No
    Hedging: Yes
    Retirement Account: No
    Free Demo Account: Yes
    Traders From USA: No
    Islamic Account: Yes

    Fees & Commissions
    Forex: ECN: $1.8/100K
    Margin Interest: No
    Depositing Fees: No
    Withdrawal Fees: Moneybookers: 1%

    Service Details
    Supported Languages: Arabic, Chinese, English, Farsi, French, German, Japanese, Korean, Portuguese, Russian, Spanish, Hindi, Thai, Malay, Indonesian, Georgian
    Customer Service By: Forums, Manuals, Newsletter, Call Back, Phone, Chat, Email
    Customer Service Hours: 24/5
    Email Response Time: Up to 48 Hours
    Telephone Orders: Yes
    Personal Account Manager: Yes

    Trading Platform
    Trading Platforms MetaTrader 4 By Meta Quotes
    Stop Order: Yes
    Limit Order: Yes
    Market Order: Yes
    Trailing Stop Order: Yes
    OCO Orders: Yes
    One Click Trading: Yes
    Charting Package: Yes
    Trade off Charts: Yes
    Streaming News Feed: Yes
    Email Alerts: Yes
    Mobile Alerts: Yes