FXOPEN is an ECN/STP broker based in Oceania and regulated by FCA UK and FSP New Zeeland. The broker offers ECN trading, MT5, PAMM accounts, automated trading, and a free VPS.
The broker offers a wide asset index containing more than 70 currency pairs and several CFD assets. The spreads are fair on ECN and STP account types but the overnight rates for keeping positions overnight are not equally competitive. Automated and scalping are fully allowed. As concerns about promotions, FXOpen offers free VPS hosting and a small welcome bonus for new customers.
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