FXOpen is now one of the largest Forex brokers in the world enjoying unprecedented
client base growth due to innovative, unique services, reliable trading conditions
and strong customer support principles.
FXOpen offers different types of accounts for traders with different trading styles,
objectives, starting capital, experience and skills.
MetaTrader 4 is world’s preferred Forex trading platform. According to our
estimates more than 70% of all brokers offer this platform, while more than 90%
of the total retail Forex volume is executed through it, because all large brokers
offer MetaTrader 4.
MetaTrader 4 (MT4) is the latest version of the popular platform. MetaTrader
4 is highly successful because it offers an easy to use user interface, various
charts and indicators and most importantly the MQL language which allows to easily
both program indicators and also program what is known as Expert Advisors (EAs)
– automated trading strategies which trade the Forex market 24/7 without any user
intervention. EAs are considered the main growth engine behind MT4’s success and
retail Forex’s market growth in volumes.
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FXOpen ECN Marketplace
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FXOpen Market Maker
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Details
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Client Anonymity
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Yes
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No
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When an order is sent to the ECN there is no account data passed long.
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Order Matching
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Yes
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No
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ECN mathes your orders with other clients, banks and any other ECN participants.
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Re-Quotes
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No
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Yes
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ECNs do not have re-quotes, a market order will receive the best price available.
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Depth of Market Display
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Yes
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No
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ECNs allow the client to view the market depth.
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Pending Order Limitations
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No
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Yes
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ECNs allow limit orders to be placed within the spread limitations that Market Maker
does not allow. (This comprises the market depth)
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Trading Economic Releases
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Dependent on Participants
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Yes
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Although you may receive re-quotes during economic data when FXOpen is acting as
the Market Maker, ECN relies on its participants to fill its book, illiquidity can
occur during releases.
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Volume Available at Requested Price
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No
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No
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ECNs will have various available vilume, at different prices, in its market depth;
As a Market Maker, FXOpen, will almost always fill orders at requested prices contingent
that he market is still trading at that price.
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Open MT4 Standard Account
Please fill the from using Latin characters only. We don’t accept other characters.
* required fields
MetaTrader 4 is world’s preferred Forex trading platform. According to our
estimates more than 70% of all brokers offer this platform, while more than 90%
of the total retail Forex volume is executed through it, because all large brokers
offer MetaTrader 4.
Unfortunately MT4 wasn’t designed to be used by ECN brokers and until now it wasn’t
possible to connect it to the interbank market (ECN bridge). After several years
and millions of dollars invested in development FXOpen was the first broker ever
to introduce a true MT4 ECN trading platform. Coupled with PAMM accounts and 10,000
USD (0.1 lot) minimal volume execution it is truly the world’s leading MT4 ECN platform.
By being connected to the largest retail Forex liquidity pool available with dozens
of leading banks and liquidity providers offering their Bids and Asks FXOpen’s MT4
ECN is creating a highly liquid and competitive marketplace like no other.
|
|
FXOpen ECN Marketplace
|
FXOpen Market Maker
|
Details
|
|
Client Anonymity
|
Yes
|
No
|
When an order is sent to the ECN there is no account data passed long.
|
|
Order Matching
|
Yes
|
No
|
ECN mathes your orders with other clients, banks and any other ECN participants.
|
|
Re-Quotes
|
No
|
Yes
|
ECNs do not have re-quotes, a market order will receive the best price available.
|
|
Depth of Market Display
|
Yes
|
No
|
ECNs allow the client to view the market depth.
|
|
Pending Order Limitations
|
No
|
Yes
|
ECNs allow limit orders to be placed within the spread limitations that Market Maker
does not allow. (This comprises the market depth)
|
|
Trading Economic Releases
|
Dependent on Participants
|
Yes
|
Although you may receive re-quotes during economic data when FXOpen is acting as
the Market Maker, ECN relies on its participants to fill its book, illiquidity can
occur during releases.
|
|
Volume Available at Requested Price
|
No
|
No
|
ECNs will have various available vilume, at different prices, in its market depth;
As a Market Maker, FXOpen, will almost always fill orders at requested prices contingent
that he market is still trading at that price.
|
Open MT4 ECN Account
Please fill the from using Latin characters only. We don’t accept other characters.
* required fields