Thread: FXOpen News

FXOpen Announces the Launch of PAMM ECN Accounts on MetaTrader 5

Dear Clients,


FXOpen is pleased to announce the launch of PAMM ECN accounts on the MetaTrader 5 Platform. Trading conditions for PAMM ECN accounts on MT5 are the same as for those on MT4. Only ECN trading accounts are currently supported in MetaTrader 5.






The new platform supports the import of trading history from MT4 and MT5 accounts, as well as from MyFxBook. FXOpen clients who trade on MT4/MT5 accounts have the opportunity to use FXOpen Analytics to get an overall view of how account statistics looks like after its import to PAMM service.


Read more...

MetaTrader Update Required

After 1 March 2019, MetaTrader 4 desktop terminal builds below 1118 and MetaTrader 4 Android terminals below 1104 will no longer be supported. Older terminals will not be able to connect to FXOpen trading servers.
We recommend updating your servers to build 1170 released on December 20, 2018. The update features error fixes and platform stability improvements.

Download MetaTrader 4 for Desktop
Download MetaTrader 4 for Android

Follow the updates on Facebook, Twitter and Telegram.
FXOpen Customer Service
E-mail: [email protected]
Live Chat (24/5)

FXOpen Increases Margin Requirements for Turkish Lira

Dear Traders,
Due to increasing volatility of the Turkish Lira, FXOpen raises margin requirements for EURTRY and USDTRY up to 5 times their normal level starting from March 28th, 2019.
We will additionally inform you when margin requirements return back to their normal values.
Please, remember, that abnormal market conditions increase the risk of slippage.
Follow the updates on Facebook, Twitter and Telegram.
FXOpen Customer Service
E-mail: [email protected]
Live Chat (24/5)
Source: FXOpen Company News.

Easter 2019: Changes to Trading Hours
Dear Traders!
Due to the celebration of Easter on Sunday, April 21, 2019 you will experience the following changes to trading hours.


Thursday, April 18th

• Australia 200 (#AUS200) - trading ends at 17:00 GMT+3
• All other financial instruments will be traded without changes.

​

Friday, April 19th

• Forex and Crypto pairs will be traded without changes.
• CFDs (metals, indices, energies) will not be traded. Trading will be closed all day.

​

Monday, April 22nd

• Forex pairs will be traded without changes.
• Commodities (metals, oil, gas) will be traded without changes.
• Indices:
  
  • Australia 200 (#AUS200) - trading closed
  • Europe 50 (#ESX50) - trading closed
  • France 40 (#FCHI) - trading closed
  • Germany 30 (#GDAXI) - trading closed
  • Germany 30 Mini (#GDAXIm) - trading closed
  • UK 100 (#UK100) - trading closed
  • All other indices will be traded as usual,without changes.
  
  

Crypto currencies will be traded as usual without changes.
Please, take these changes into consideration when planning your trading activities during the upcoming week.

FXOpen Wishes you a Blessed and Happy Easter!

Follow the updates on Facebook, Twitter and Telegram.
FXOpen Customer Service
E-mail: [email protected]
Live Chat (24/5)

Source: FXOpen news.

FXOpen added possibility to get widgets with information about the trading account in FXOpen Analytics (a web-based application for collecting statistics and analyzing the performance of Forex accounts).





The widgets display daily and monthly gain and drawdown. They can be published on any website by adding the generated widget code to the web page code. Clicking on the widget redirects the user to a page with detailed information about the trading account. The information is updated daily at the end of the trading session.


Find more detailed information about widgets in FXOpen knowledge base.


Follow the updates on Facebook, Twitter and Telegram.


FXOpen Customer Service
E-mail: [email protected]
Live Chat (24/5)


Read more...

Changes to Trading Hours on US Memorial Day and UK Spring Bank Holiday

Dear Traders,

Please, note that on May 27th, 2019 trading hours for CFDs will be limited due to Memorial Day in the US and UK Spring Bank Holiday.

Trading hours will be changed as follows:

• Forex and Crypto pairs will be traded without changes.
• Metals - trading ends at 20:00 GMT+3.
• Oil and natural gas - trading ends at 19:45 GMT+3.
• Indices:
  
  • Japan 225 - trading ends at 20:15 GMT+3;
  • US SPX 500 - trading ends at 20:15 GMT+3;
  • US SPX 500 (Mini) - trading ends at 20:15 GMT+3;
  • US Tech 100 - trading ends at 20:15 GMT+3;
  • US Tech 100 (Mini) - trading ends at 20:15 GMT+3;
  • Wall Street 30 - trading ends at 20:15 GMT+3;
  • Wall Street 30 (Mini) - trading ends at 20:15 GMT+3;
  • UK 100 (#UK100) - trading closed;
  • All other indices will be traded as usual,without changes.

Please, take these changes into consideration when planning your trading activities during the upcoming week.

Read more...

FXOpen offers No-Commission Deposits throughout the summer

fxopen_no_commission_deposit_EN (1).jpg

FXOpen is pleased to announce a new summer promotion that will let traders to save from 0.5 to 6% commission that is usually charged by payment systems for deposit transactions.

Troughout the summer from June 1 to August 31, 2019 FXOpen’s clients can make deposits to their Forex accounts via any payment system available on the website except for Bank Wire Transfer.

You can check Payments → Funding options section to see the complete list of deposit options.

Thus, you can avoid additional costs and use the saved money for Forex trading or investment. Hurry up to take the opportunity to profitably manage your money!

Read more...

Dear clients,

Please note, that starting from July 1, 2019 FXOpen client support for MetaTrader 4 lower than 1170 build will not be provided. This means that the terminal old builds will no longer be able to connect to the brokers' trading servers, and servers running under old versions will not receive any updates.

You can download an updated version of trading terminal using links on this page

The latest MetaTrader 4 build 1170 includes error fixes and improved platform stability:

- Added profiling of plugins for evaluation of their performance and eliminating possible problems;
- Improved backup system performance;
- Accelerated operation of the built-in STP-gateway;
- Corrected crash logs.

We ask you to update all your servers (including test and developer platforms) to the latest build 1170, and also to inform your clients about the need to update terminals to the latest versions.

Read more...

Dear clients,

Please note that due to Independence Day celebrated in the USA on 4 July 2019 you may experience the following changes in trading hours on July 3rd and 4th.

Wednesday, July 3rd

Forex: normal trading hours;
Cryptocurrencies: normal trading hours;
Metals: normal trading hours;
Indices:

- Japan 225 trading ends at 20:15 GMT+3;
- US SPX 500 trading ends at 20:15 GMT+3;
- US SPX 500 (Mini) trading ends at 20:15 GMT+3;
- US Tech 100 trading ends at 20:15 GMT+3;
- US Tech 100(Mini) trading ends at 20:15 GMT+3;
- Wall Street 30 trading ends at 20:15 GMT+3;
- Wall Street 30 (Mini) trading ends at 20:15 GMT+3.


All other indices will be traded without changes.


Thursday, July 4th

Forex and Сrypto pairs: normal trading hours;
Metals: trading ends at 20:00 GMT+3;
Oil and Gas: trading ends at 19:45 GMT+3;
Indices:

- Japan 225 trading ends at 20:00 GMT+3;
- US SPX 500 trading ends at 20:00 GMT+3;
- US SPX 500 (Mini) trading ends at 20:00 GMT+3;
- US Tech 100 trading ends at 20:00 GMT+3;
- US Tech 100 (Mini) trading ends at 20:00 GMT+3;
- Wall Street 30 trading ends at 20:00 GMT+3;
- Wall Street 30 (Mini) trading ends at 20:00 GMT+3.

All other indices will be traded without changes.

Read more...

Follow the updates on Facebook, Twitter and Telegram.

FXOpen Customer Service
E-mail: [email protected]

43% of FXOpen clients are profitable


Almost a year has passed since the new rules for European brokers working with private traders entered into force. The Finance Magnates editors analyzed how the profitability indicators of retail broker clients changed.


Profitability rates


As you can see from the chart below, the spread of values ​​is very large. Some brokers managed to keep customers who earned more than a year ago. And some brokers failed. However, 17 brokers out of 35 improved their indicators.





In particular, FXOpen broker lead in the table in terms of profitability of its clients this year, having increased the rate from 22% to 43% in a year. In total, 9 brokers reported that the profitability of retail traders did not change and another 9 reported a deterioration in performance. On average, the profitability of retail customers rose to 25.1% compared with 23.5% in a previous year.


Read more on FXOpen blog.