Trade Forex Trading

Forex Broker Ranking New Zealand Based Forex Trading Broker Review

Below is a Forex review of online forex broker broker is based in New Zealand. Below is a list of the most common review questions that traders ask about this online forex broker.


Forex Broker reviews - Forex Reviews of



Where is currency broker based

FXopen is based in New Zealand, the address for this broker is:

Level 3,

187 Queen Street,

Auckland, 1010
New Zealand



Is a licensed and regulated Forex broker

Review details of the license, registration and regulation of this FX broker can be found on their website:


FXopen is registered with FSPR, Financial Service Provider Registry of New Zealand License Number: FSP192685


What is the execution method of

Execution method of FXopen is ECN/STP broker.

ECN- Electronic Communication Network

STP- Straight Through Processing

The ECN execution method means there is no re-quotes and order execution is instant.



Forex Brokers Ratings - What is the Ranking of this Broker

The forex broker rating of this broker can be found on this forex brokers comparison listing:


What are the spreads of

The Forex broker spreads are:






0.4 pips


0.5 pips


1.0 pips


0.5 pips



Sometimes traders may not pay spreads according to the execution method, but in such cases will pay commissions for trades opened.


Financial Instruments provided for trading by






What are the Forex account types of this online currency broker

  • ECN/STP Account
  • Standard Account
  • Micro Account


Leverage upto 1:500


Does broker have Islamic Forex Trading Accounts

FXopen provides Swap free Islamic Trading account, where there is no paying of interest.


What are the terms for demo trading accounts for

Non expiring, Unlimited time $50,000 dollar trading demo account is provided this broker.


How is the withdraw and deposit process of

Wire Transfer: 1 – 3 days Processing


Credit Card, Payza, Webmoney, Skrill Instant deposits and instant withdraws.

Most of these payments require a trader to pay deposit and Withdraw Fees

Fees range from 1% to 5% of your deposit/withdraw amount. 5% fees is quite high and it is best to check what the fees applies before using one method over the other.


Regulated Forex Broker

Takes 4 to 6 weeks to open an account, open early: Read The Article "Account Opening Procedure"

Choose the Best Forex Broker: Read The Article "Best Forex Broker"

Up To $6.67 Dollars Bonus for Every Lot Traded Get Up To $6.67 For Every Lot Traded


What is the minimum account opening capital for Accounts

  • ECN/STP Account, minimum account balance- $1,000
  • Standard Account, minimum account balance- $25
  • Micro Account, minimum account balance- $1


Does give an account opening deposit bonus

FXopen does not give account opening bonus, but give other bonuses depending on the amount you will trade after opening an account with them.


What is the security and reliability of

What is the Forex broker ratings for security and reliability.


FXopen is regulated in the New Zealand by FSPR and is a member of Financial Dispute Resolution Scheme in New Zealand and has a high level of security and reliability for funds.



Does accept scalping

ECN Execution method of FXopen allows for Scalping forex Trading.


Does give free education to currency traders

No, this broker does not provide learn currency trading education for learn trading online.


What are the Forex trading platforms of this online currency trading broker



Is a MetaTrader 4 Forex broker provides MetaTrader 4 software which is the best Forex trading platform according to reviews.


The broker provides this trading platform which is available for download on their website.



Does allow automated forex trading

The broker automated trading policy on automated currency trading is:


FXopen allows Automated Forex Trading on their Metatrader4 Platform.



What are broker website sections

The website sections of these trade broker are:


Forex Trading Accounts Section: where traders will find information about accounts such as demo practice account and live accounts provided by this broker. Traders wanting to start trading can open an account from this section.


Contact Section: there is a section of contacts for this fx trading broker, where an fx trader can contact this broker.


Forex Trading Platforms Section: this section provides a platforms where a trader can choose one for trading online.


Analystics Section: Section for currency analysis and the currency pair movements.

Economic calendar section: Economic data calendar for when economic news are to released.

News Section: Event of economic news.

Forum Section: for currency trading discussions.


Up To $6.67 Dollars Bonus for Every Lot Traded Get Up To $6.67 For Every Lot Traded

Market Outlook: Very Bullish for EURUSD, and EURJPY - Also for GBPUSD, GBPJPY, and AUDUSD (No Need For Technical Analysis - This is Risk Appetite -Risk Averse Speculation).

Do Not Be Left by This Opportunity: Open an account and start buying Euros and position yourself early - Risk appetite speculation has already started. - Others are already profiting - Read the article How to Fast Track Account Opening and Open an account now.

Strategy: Buy the retracements and use 1 Hour and M15 Charts to look for best entry and exit points - Also checkout Money Management Rules.

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Should you open an XM Account this is exactly how it looks like:

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Up To $5K Bonus

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