Wednesday, September 29, 2010

FxOpen Forex Broker

If you are using automated forex trading software then FxOpen should be the right Forex Broker for you.

You can use the MetaTrader 4 platform to trade foreign exchange with FxOpen and you can use Expert Advisor (Forex Robot) for automated forex trading because FxOpen has a very fast speed in executing your trades.

You can start with a Demo account to test FxOpen and then you will need only $1 for a Micro account and just $25 for a Standard account.

For the major currency pairs FxOpen has 2-4 pips fixed spreads and you can use different online payment systems to deposits/withdraw als: Western Union, Alertpay, Libertyreserve, Perfectmoney, CashU, WebMoney, or C-gold.

FxOpen has partners all over the world and you can find support in different languages.

FxOpen was opened in Egypt in 2003 as an educational center to learn trading stocks and foreign exchange. In 2005 FxOpen offered its own dealing service with the best trading conditions.

In 2009 FxOpen launched its ECN/STP service, a unique way that bridges the world’s top liquidity providers into one MT4 platform offering not only an ECN price feed but also true ECN/STP execution and fills.

FxOpen also offers Forex Managed Accounts and you can see different statistics for each trader that manages forex trading accounts: Daily Profit/Loss, Maximum Relative Profit, Maximum Drawdown, Maximum Daily Profit, Maximum Daily Loss, Average Daily Profit, Average Daily Loss, Profit Volatility, Recovery Factor etc.

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