FXOpen, an online Forex and & CFD broker offers STP(Straight Through Processing) execution model.
The broker is regulated by ASIC in Australia and FCA in UK.
FXOpen’s main advantage is
100% STP(Straight Through Processing) Execution Model
and that almost completes FXOpen’s service. FXOpen’s STP execution is guaranteed for all clients.
Probably FXOpen offers the STP trading environment with the lowest trading cost.
Please see the below spreads which we have captured during normal trading hours. (in November 2016)
The average minimum spread ranges from 0.1 to 0.6 pips.
In the ECN account, the trading commission starts from $3 per 1 round turn lot, so the actual trading cost in the account is from 0.4 pips.
The total trading cost of 0.4 pips with STP execution
There maybe no Forex broker with the same or better condition in the world.
Although the extraordinary trading condition of FXOpen, you may need to note that the trading commission varies depending on your trading volume.
As FXOpen is a true STP broker, their business is all about the trading volume.
|Account Equity||Trading volume over the last 30 days (round turn)|
|Lest than 50 lots||From 51 – 250 lots||From 251 – 2500 lots||Over 2500 lots|
|Less than $1,000||$10 per 1 lot||$5 per 1 lot||$3.6 per 1 lot||$3 per 1 lot|
|From $1,000 – 25,000||$5 per 1 lot||$5 per 1 lot||$3.6 per 1 lot||$3 per 1 lot|
|From $25,001 – 250,000||$3.6 per 1 lot||$3.6 per 1 lot||$3.6 per 1 lot||$3 per 1 lot|
|Over $250,001||$3 per 1 lot||$3 per 1 lot||$3 per 1 lot||$3 per 1 lot|
More deposit you make and more trade you make, FXOpen will offer you better service for your Forex trading.
FXOpen is also holding Forex trading contests where you can win cash money for your trading.
Find out more of the STP Forex Broker with the Lowest Trading Cost from below.