Best FX Open Alternatives for 2024

The most in depth guide to FX Open Alternatives on the Internet.

FX Open Alternative Brokers Compared

We found when trading having a broker you can rely on is essential. If FX Open does not match your requirements we explain the top FX Open alternatives and FX Open competitors in this guide.

The best alternative for FX Open is IC Markets or Roboforex.

When searching for a FX Open alternative, there are a few things you need to check. The FX Open trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.

We offer a detailed list and examination of the top FX Open alternatives and competitors feature by feature further below this FX Open alternatives guide.

If you are looking for a trading platform that offers similar features to FX Open or FX Open. Or if you are looking for features that FX Open does not offer that you require when trading, we will show you the best FX Open alternative options below.

We highlight the pros and cons of each FX Open alternative. Maybe you are looking for better customer service from a FX Open alternative or more competitive FX Open fees and more financial instruments to trade.

We have listed some reasons why FX Open may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.

Top FX Open Alternative is IC Markets

Broker
Rating 3/5 4/5 4/5
💻 Trading Platforms MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
📋 Instruments Available 100 2250 100
📈 Stocks Offered 0 2100 0
💎 Crypto Yes Yes No
💹 Forex Pairs 50 61 35
📈 Commodities 0 20 21
💰 Min Deposit 1 200 10
👱‍♂️ Used By 10,000+ users 180,000+ users 1,000,000+ users
📆 Founded 2005 2007 2009
👮‍♂️ Regulation Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
🌍 HQ New Zealand Australia Belize
🚫 Excluded Countries US US, IR, CA, NZ, JP AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits

If you want to see a more indepth feature by feature FX Open alternative comparison, you can scroll further down here.

FX Open Alternatives List

IC Markets
(4/5)
Min Deposit : 200
IC Markets was established in 2007 and is used by over 180000+ registered users. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.
Roboforex
(4/5)
Min Deposit : 10
Roboforex was established in 2009 and is used by over 1000000+ registered users. Losses can exceed deposits Roboforex offers Forex, CFDs.
XTB
(4/5)
Min Deposit : 0
XTB was established in 2002 and is used by over 847000+ registered users. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.
XM
(4/5)
Min Deposit : 5
XM was established in 2009 and is used by over 3500000+ registered users. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.
FP Markets
(4/5)
Min Deposit : 100
FP Markets was established in 2005 and is used by over 10000+ registered users. Losses can exceed deposits FP Markets offers Forex, CFDs.
NordFX
(4/5)
Min Deposit : 1
NordFX was established in 2008 and is used by over 10000+ registered users. Losses can exceed deposits NordFX offers Forex.

fx open alternatives
FX Open Summary

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FX Open Tradable Financial Assets

FX Open Alternatives

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FX Open Trading Account Features

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FX Open Risk Management Features

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FX Open Fees

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FX Open Regulation

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FX Open Desktop Computer and Mobile Device Support

Below is an extensive list of the best alternatives to FX Open based on our unique 256 point criteria.

Top alternative for FX Open is IC Markets

IC Markets is the best alternative broker to FX Open. IC Markets has been in operation for over 12 years.

IC Markets, as a brokerage is regulated. This means IC Markets are supervised by and checked for conduct by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

If FX Open or IC Markets are not what you are looking for try Roboforex.

With FX Open, Your capital is at risk

With IC Markets, Losses can exceed deposits

With Roboforex, 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Roboforex, as a brokerage is regulated. This means Roboforex are supervised by and checked for conduct by the RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund

Here are some of the key reasons why traders choose IC Markets and Roboforex over FX Open

Broker IC Markets Roboforex XTB
Rating (4/5) (4/5) (4/5)
Reg by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19)
Min Deposit 200 10 0
Min Trade 0.01 Lot 0.01 Lot 0.01 Lot
Trading Tools MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
Risk Warning Losses can exceed deposits Losses can exceed deposits 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Learn more Visit IC Markets Visit Roboforex Visit XTB

If you want to read more about IC Markets, we have put together an in-depth IC Markets review that explores their platform, spreads, and trading conditions in more detail.

If IC Markets does not match your criteria, have a look at the 10 best FX Open alternatives below.

Best FX Open Alternatives for 2024


learn more Learn more about IC Markets

Losses can exceed deposits