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FXOpen announces the results of the "Money Managers" Forex Contest "Money Managers" - a Forex contest on real PAMM accounts - ended On August 30th, 2019. In this contest there are only two winners: 1 place: GSV gets $5000-prize from FXOpen for investments. 2 place: Sanyok11 gets $3000-prize from FXOpen for investments. We congratulate the winners and wish them further success in trading! The money prizes will be credited to the winners' FXOpen PAMM accounts. "Money Managers" contest is a unique opportunity to show your trading skills on real PAMM accounts. During the contest, participants have the opportunity to deposit and withdraw funds from their accounts, accept investments, create new offers, use any strategies, Expert Advisors and robots. Also, the contest is a great chance to make your PAMM account known among potential followers. To get more details on how FXOpen PAMM service works, please visit our website. We also inform you that registration of participants in a free demo contest "Forex School" is still ongoing. By joining the competition anyone can not only improve their knowledge and skills in trading on Forex, but also become the owner of real money prizes. Follow the updates in the contest thread on the ForexCup Forum. Read more on FXOpen site... FXOpen Customer Service E-mail: support@fxopen.com Live Chat (24/5)

EUR/JPY and GBP/JPY Monthly Outlook The Euro and British Pound declined heavily in the past few months against the Japanese Yen. Both EUR/JPY and GBP/JPY are correcting higher, but upsides are likely to remain capped. EUR/JPY Technical Analysis In May 2019, the Euro started a major decline from well above the 125.00 support against the Japanese Yen. The EUR/JPY pair broke many key supports near 124.00 and 122.00 to move into a bearish zone. Moreover, there was a close below the main 120.00 support and the 50-day simple moving average. It opened the doors for more downsides below the 118.00 support level. Finally, the pair traded below 116.50 and a new multi-month low was formed at 115.85 on FXOpen. More about EUR/JPY and GBP/JPY...

Changes to CFD Trading Hours due to US Labour Day Dear Traders, Please note that due to the celebration of Labour Day on Monday, September 2nd 2019 in the US trading hours for some financial instruments will be changed as follows: Forex pairs: normal trading hours; Metals: trading session ends at 20:00; Oil, Gas: trading session ends at 19:45; Indices: Japan 225: until 20:00; US SPX 500: until 20:00; US SPX 500 (Mini): until 20:00; US Tech 100: until 20:00; US Tech 100 (Mini): until 20:00; Wall Street 30: until 20:00; Wall Street 30 (Mini): until 20:00. Other indices will be traded without changes. Please, consider this information when planning your trading for the upcoming week. Source: FXOpen news

Join "Forex School" - a free educational contest on demo accounts On Sempember 2, 2019 FXOpen broker launches a free educational contest on demo accounts "Forex School". Everyone can participate in the competition. "Forex School" is a unique possibility not only to improve your knowledge and skills in Forex trading, but also to get real money prizes. The contest will last for 4 weeks. Hurry up to register before September 15! JOIN THE CONTEST Conditions of the contest: Participation: free; Dates: September 2 - Sempember 27, 2019; Registration: is already open and will last until September 15; Rewards: for Top-16 traders: 1st place: USD 600; 2nd - 3rd place: USD 400; 4th - 16th place: USD 200; Prize fund: USD 4000; Initial deposit: USD 200; Requirements: the initial deposit must be increased by at least 20% and the minimum quantity of trades must be 10; Trading instruments (including oil and gas): 55; Account type: demo (competition) ECN; EAs and locking: allowed; Maximum number of trades opened at the same time (including pending orders): 5; Minimum volume of one order: 0.01 (lot); Leverage: 1:100; Margin call: 100%; Stop out: 50%. Read more...

GBP/USD and USD/CAD Holding Important Supports GBP/USD started a decent upside correction from the 1.2020 swing low and climbed above 1.2100. USD/CAD is currently correcting gains, but it is still above the key 1.3250 support area. GBP/USD Technical Analysis The British Pound traded close to the 1.2000 support area this month against the US Dollar. The GBP/USD pair formed a swing low near 1.2020 and recently started an upside correction. The pair recovered above the key 1.2080 and 1.2100 resistance levels. Moreover, there was a close above the 1.2100 level and the 50 hourly simple moving average. Finally, the pair climbed above the 1.2150 level and traded as high as 1.2175 on FXOpen. Read GBP/USD and USD/CAD technical analysis...

Gold price and Crude Oil price could rise further Gold price is trading in a strong uptrend above the $1,500 support area. Crude oil price is also likely to gain bullish momentum once it clears the key $55.50 resistance area. Gold Price Technical Analysis Earlier this week, gold price surged above the $1,500 and $1,510 resistance levels against the US Dollar. The price even broke the $1,520 resistance level and traded to a new yearly high at $1,535. Recently, it corrected lower below $1,520 and $1,510. Moreover, there was a break below the $1,500 support and the 50 hourly simple moving average. A swing low was formed near $1,479 on FXOpen and the price started a fresh increase. Read more about Gold price and Crude Oil price on FXOpen blog...

EUR/USD Could Decline While USD/JPY Is Climbing EUR/USD is struggling to gain momentum above the 1.1220 and 1.1240 resistance levels. USD/JPY climbed higher recently and it remains supported on dips above 106.00. EUR/USD Technical Analysis The Euro formed a decent support base near the 1.1080 level against the US Dollar. The EUR/USD pair started a solid upward move and climbed above the 1.1180 and 1.1200 resistance levels. Moreover, there was a break above the 1.1220 level and the 50 hourly simple moving average. Finally, the pair traded close to the 1.1250 resistance on FXOpen, where sellers took a stand. Read more about EUR/USD and USD/JPY...

GBP/USD and EUR/GBP: British Pound Extending Losses GBP/USD remained in a significant downtrend and declined below the 1.2100 support. EUR/GBP is trading with a bullish bias with a strong support near 0.9250. GBP/USD Technical Analysis The British Pound faced a solid rise in selling pressure after it failed to climb above the 1.2320 resistance against the US Dollar. As a result, the GBP/USD pair started a strong decline and broke the key 1.2200 support area. The recent decline was such that the pair even broke the 1.2100 support level and the 50 hourly simple moving average. Finally, the pair traded below 1.2050 on FXOpen and formed a new multi-month low near 1.2015. Read more on FXOpen blog...

AUD/USD and NZD/USD Sighting Strong Recovery AUD/USD started a decent recovery from the 0.6677 swing low and traded above 0.6750. Similarly, NZD/USD is now attempting an upside break above the 0.6500 resistance. AUD/USD Technical Analysis Earlier this week, there was a strong decline in the Aussie Dollar below the 0.6750 and 0.6700 support levels against the US Dollar. The AUD/USD pair traded as low as 0.6677 and recently started a convincing upside correction. The pair traded above the 0.6700 and 0.6750 resistance levels on FXOpen to move back in a positive zone. The upward move was positive since there was a close above 0.6750 and the 50 hourly simple moving average. Read more about AUD/USD and NZD/USD...

GBP/USD could recover, USD/CAD remains supported GBP/USD declined heavily this past week below the 1.2250 support area. USD/CAD is climbing higher and remains well supported above the 1.3200 level. GBP/USD Technical Analysis The British Pound started a strong decline from well above the 1.2400 level against the US Dollar. The GBP/USD pair broke the 1.2350 and 1.2250 support levels to enter a bearish zone. The decline was such that the pair even broke the 1.2200 support level and settled well below the 50 hourly simple moving average. A swing low was formed near the 1.2079 level on FXOpen and the pair is currently correcting higher. Read more on FXOpen blog...

EUR/USD AND USD/CHF REMAIN SUPPORTED ON DIPS EUR/USD is trading nicely above the 1.1280 support and it could continue to move higher. USD/CHF is currently correcting lower, but it remains supported on dips near 1.0050. Important Takeaways for EUR/USD and USD/CHF The Euro traded higher recently and tested the 1.1320 resistance area against the US Dollar. There is a major contracting triangle in place with resistance near 1.1305 on the hourly chart of EUR/USD. USD/CHF climbed higher recently above the 1.0000 and 1.0050 resistance levels. There is a crucial bullish trend line formed with support at 1.0050 on the hourly chart. EUR/USD Technical Analysis The Euro started a solid rebound after forming a support base above the 1.1200 and 1.1220 levels against the US Dollar. The EUR/USD pair climbed above the 1.1250 and 1.1280 resistance levels to move into a positive zone. Continue reading on FXOpen blog.

Easter 2019: Changes to Trading Hours Dear Traders! Due to the celebration of Easter on Sunday, April 21, 2019 you will experience the following changes to trading hours. Thursday, April 18th Australia 200 (#AUS200) - trading ends at 17:00 GMT+3 All other financial instruments will be traded without changes. Friday, April 19th Forex and Crypto pairs will be traded without changes. CFDs (metals, indices, energies) will not be traded. Trading will be closed all day. Monday, April 22nd Forex pairs will be traded without changes. Commodities (metals, oil, gas) will be traded without changes. Indices: Australia 200 (#AUS200) - trading closed Europe 50 (#ESX50) - trading closed France 40 (#FCHI) - trading closed Germany 30 (#GDAXI) - trading closed Germany 30 Mini (#GDAXIm) - trading closed UK 100 (#UK100) - trading closed All other indices will be traded as usual,without changes. Crypto currencies will be traded as usual without changes. Please, take these changes into consideration when planning your trading activities during the upcoming week. FXOpen Wishes you a Blessed and Happy Easter! Follow the updates on Facebook, Twitter and Telegram. FXOpen Customer Service E-mail: support@fxopen.com Live Chat (24/5) Read more...

On May 6, 2019 ForexCup and FXOpen launch a free educational demo contest "Forex School", in which everyone can hone their Forex trading skills. According to the results of the four-week competition, 16 winners will get money prizes for a total of 4000 USD. Register till May 19. JOIN THE CONTEST Conditions of the contest: Participation: free; Dates: May 6 - May 31, 2019; Registration: is already open and will last until May 19; Rewards for Top-16 traders: 1st place: 600 USD; 2nd - 3rd place: 400 USD; 4th - 16th place: 200 USD; Prize fund: 4000 USD; Initial deposit: 200 USD; Requirements: the initial deposit must be increased by at least 20% and the minimum quantity of trades must be 10; Trading instruments (including oil and gas): 55; Account type: demo (competition) ECN; EAs and locking: allowed; Maximum number of trades opened at the same time (including pending orders): 5; Minimum volume of one order: 0.01; Leverage: 1:100; Margin call: 100%; Stop out: 50%. Read more...

FXOpen Increases Margin Requirements for Turkish Lira Dear Traders, Due to increasing volatility of the Turkish Lira, FXOpen raises margin requirements for EURTRY and USDTRY up to 5 times their normal level starting from March 28th, 2019. We will additionally inform you when margin requirements return back to their normal values. Please, remember, that abnormal market conditions increase the risk of slippage. Follow the updates on Facebook, Twitter and Telegram. FXOpen Customer Service E-mail: support@fxopen.com Live Chat (24/5) Source: FXOpen Company News.

FXOpen Announces the Launch of PAMM ECN Accounts on MetaTrader 5 Dear Clients, FXOpen is pleased to announce the launch of PAMM ECN accounts on the MetaTrader 5 Platform. Trading conditions for PAMM ECN accounts on MT5 are the same as for those on MT4. Only ECN trading accounts are currently supported in MetaTrader 5. The new platform supports the import of trading history from MT4 and MT5 accounts, as well as from MyFxBook. FXOpen clients who trade on MT4/MT5 accounts have the opportunity to use FXOpen Analytics to get an overall view of how account statistics looks like after its import to PAMM service. Read more...

FXOpen and ForexCup announce the launch of "Money Managers" - a contest on real PAMM accounts- and invite traders to compete for the huge prize money for a total of USD 10,000. The best trader will get USD 5,000 in the form of investment to his/her PAMM account. For the second and third places, winners will receive USD 3,000 and USD 2,000 respectively. Register right now! Conditions of the contest Dates: March 4 - May 31, 2019; Registration is already open and will last until March 31; Prize fund: USD 10,000; Rewards*: 1st place - USD 5,000; 2nd place - USD 3,000; 3rd place - USD 2,000. Initial deposit: any amount, but not less than the minimum amount for opening a PAMM account (for PAMM ECN - from USD 1,000, for PAMM STP - from USD 200); Minimum trading period: not less than 2 months; Minimum amount of trades per week: 2; Trading volume: not less than 0.5 lot per stage; Profit at the end of the contest: at least 20% of the deposit; Drawdown during the contest must not exceed 20%**, and short-term drawdown of 25% and more, even if it was not recorded at a rollover will be considered as a loss and a cause for withdrawing the prize. During the contest, participants are allowed add or withdraw money from their accounts, receive investments to their PAMM accounts, create offers, use all instruments of a PAMM system with no restrictions, use any trading strategies, advisors (AEA, MEA, etc.) and any other standard MT4 add-ons and scripts. It is prohibited to close for investors such statistics of your PAMM account as equity, drawdown, exposure level, completed trades. This data must be available for viewing. More...

Changes to Trading Schedule on US President’s Day (February 18) Dear Clients, Please note that due to the US President’s Day in the US, trading hours for commodities and indices on February 18, 2019 will be changed as follows: FIAT Currency and Crypto pairs: normal trading hours. Commodities Metals (Gold and Silver) – trading ends at 20:00 GMT+2; US Crude and US Natural Gas – trading edns at 19:45 GMT+2; UK Brent - normal trading hours. Indices Japan 225 – trading ends at 20:00 GMT+2; US SPX 500 – trading ends at 20:00 GMT+2; US SPX 500 (Mini) – trading ends at 20:00 GMT+2; US Tech 100 – trading ends at 20:00 GMT+2; US Tech 100 (Mini) – trading ends at 20:00 GMT+2; Wall Street 30 – trading ends at 20:00 GMT+2. Wall Street 30 (Mini) – trading ends at 20:00 GMT+2. All the other indices will be traded without changes. Please, consider these changes when planning your trading activities on the upcoming week. Source: FXOpen news.

Free Contest “Forex School” starts on February 4 On February 4, 2019 ForexCup and FXOpen launch a free educational contest on demo accounts “Forex School”, in which everyone can test their Forex trading skills. According to the results of the four-week competition, 16 winners will share the prize fund of 4000 USD. Do not miss your chance! Source: FXOpen_news

Changes to FXOpen Trading Hours on US Martin Luther King Day Dear Traders, Please note that due to the celebration of US Martin Luther King Day on Monday, January 21st, 2019 in the US trading hours for some financial instruments will be changed as follows: Forex pairs: normal trading hours; Metals: trading session ends at 20:00; US Crude, US Natural Gas: trading session ends at 19:45; UK Brent: normal trading hours; Indices: Japan 225: until 20:00; US SPX 500: until 20:00; US SPX 500 (Mini): until 20:00; US Tech 100: until 20:00; US Tech 100 (Mini): until 20:00; Wall Street 30: until 20:00; Wall Street 30 (Mini): until 20:00. Other indices will be traded without changes. Please, consider this information when planning your trading for the upcoming week. Source: FXOpen_news

Trading Hours on Christmas and New Year 2019 Dear Traders, Please, note the changes in trading session times on Christmas and New Year 2019. Monday, December 24th, 2018 Forex – normal trading hours Crypto– normal trading hours Metals– trading ends at 20:45 (GMT+2) Oil and Gas– trading ends at 20:30 (GMT+2) Indices: Australia 200 - trading ends at 05:30 (GMT+2) Europe 50 – trading closed France 40 – trading ends at 15:o0 (GMT+2) Germany 30 – trading closed Germany 30 (Mini) – trading closed Japan 225 – trading ends at 20:15 (GMT+2) UK 100 – trading ends at 16:50 GMT+2) US SPX 500 – trading ends at 20:15 (GMT+2) US SPX 500 (Mini) – trading ends at 20:15 (GMT+2) US Tech 100 – trading ends at 20:15 (GMT+2) US Tech 100 (Mini) – trading ends at 20:15 (GMT+2) Wall Street 30 – trading ends at 20:15 (GMT+2) Wall Street 30 (Mini) – trading ends at 20:15 (GMT+2) Tuesday, December 25th, 2018 Only crypto-pairs can be traded. All other markets are closed. Wednesday, December 26th, 2018 Forex, Crypto, Metals, Oil and Gas – normal trading hours Indices– trading closed. Monday, December 31st, 2018 Forex– normal trading hours Crypto– normal trading hours Metals– normal trading hours Oil (WTI) and Gas– normal trading hours Oil (Brent)– trading ends at 21:45 GMT+2) Indices: Australia 200 - trading ends at 05:30 (GMT+2) Europe 50 – trading closed France 40 – trading ends at 15:00 (GMT+2) Germany 30 – trading closed Germany 30 (Mini) – trading closed Japan 225 – normal trading hours UK 100 – trading ends at 16:50 GMT+2) US SPX 500 – normal trading hours US SPX 500 (Mini) – normal trading hours US Tech 100 –normal trading hours US Tech 100 (Mini) – normal trading hours Wall Street 30 – normal trading hours Wall Street 30 (Mini) – normal trading hours Tuesday, January 1st, 2019 Only Crypto can be traded. All other markets are closed. Wednesday, January 2nd, 2019 Normal trading hours for all pairs. Between December 24, 2018 and January 2, 2019 the maximum allowed leverage will be 1:100. On January 2nd the leverage can be increased back to the normal level. STP and Micro account owners can change the leverage via Settings > Profile in My FXOpen area. ECN account owners should contact finance@fxopen.com to have their leverage reverted back to normal. For Crypto accounts leverage will remain the same as usual (1:3). Please, consider these changes when planning your trading activities during the festive season. Source: FXOpen_news

FXOpen will raise margin for GBP pairs on December 10th Dear Traders, We would like to remind you that the UK parliament will vote on the EU Withdrawal Bill on 11th December 2018. There is a high degree of uncertainty as to the outcome of the vote and all GBP currency crosses are likely to experience significant volatility with increased risk of market gaps. Due to this FXOpen is going to increase margin requirements up to 5 times their normal values for all GBP pairs. Changes will take effect starting with the market opening on December 10th, 2018 without further notice. We are taking this measure to reduce your risk due to the potential high volatility, rapid price movements or market gaps that may occur in case of further political escalation. Please consider this information in your trading and ensure you have sufficient funds on your account to maintain your positions. Source: FXOpen_news

Changes to CFD Trading Hours on Thanksgiving 2018 Dear Traders, Please note that due to the celebration of Thanksgiving in the USA trading hours on November 22-23, 2018 will be changed as follows: Thursday, November 22rd, 2018 Forex pairs - normal trading hours; Metals - trading ends at 20:00 (GMT+2); Oil and Gas - trading ends at 19:45 (GMT+2); Crypto pairs - normal trading hours; Indices: Japan 225 – trading ends at 20:00 (GMT+2); US SPX 500 – trading ends at 20:00 (GMT+2); US SPX 500 (Mini) – trading ends at 20:00 (GMT+2); US Tech 100 – trading ends at 20:00 (GMT+2); US Tech 100 (Mini) – trading ends at 20:00 (GMT+2); Wall Street 30 – trading ends at 20:00 (GMT+2); Wall Street 30 (Mini) – trading ends at 20:00 (GMT+2); All other financial instruments will be traded as usual. Friday, November 23rd, 2018 Forex pairs - normal trading hours; Metals - trading ends at 20:45 (GMT+2); Oil and Gas - trading ends at 20:30 (GMT+2); Crypto pairs - normal trading hours; Indices: Japan 225 – trading ends at 20:15 (GMT+2); US SPX 500 – trading ends at 20:15 (GMT+2); US SPX 500 (Mini) – trading ends at 20:15 (GMT+2); US Tech 100 – trading ends at 20:15 (GMT+2); US Tech 100 (Mini) – trading ends at 20:15 (GMT+2); Wall Street 30 – trading ends at 20:15 (GMT+2); Wall Street 30 (Mini) – trading ends at 20:15 (GMT+2); All other financial instruments will be traded as usual. Please, consider these changes when planning your trading activities this week. Source: FXOpen_news

On November 4th MT4 Server Time Switches to GMT+2 On November 4th, 2018 FXOpen will switch its trading servers from GMT +3 to GMT +2. The GMT offset in the company’s MetaTrader platform will be set to GMT+2 starting with the market opening on Monday (November 5th, 2018). The change will affect all types of FXOpen trading accounts. The changing of server time should not impact your open trades or the process of opening, placing, closing and modifying orders. However, you should keep this information in mind while planning your trading activities. Also, do not forget to adjust the time settings in your Indicators and Expert Advisors accordingly. Source: FXOpen_news

Forex contest on demo-accounts “The Sheikh’s Treasure” starts on November 12 Always wanted to feel like a Middle East Sheikh? FXOpen fulfills your dreams and gives you the opportunity to profit by trading oil, gold, silver and gas like a real sheikh! Ten winners will share the prize fund of 3000 USD in the new joint FXOpen and ForexCup “Sheikh’s Treasure” contest. Terms of the contest: Dates: November 12 - December 7, 2018; Registration: has already started and will remain open until November 25; Initial deposit: USD 5000; Leverage: 1:100; Trading instruments: XAGUSD (SILVER vs US Dollar), XAUUSD (GOLD vs US Dollar), XTIUSD (US Crude vs US Dollar), XNGUSD (US Natural Gas vs US Dollar), XBRUSD (UK Brent vs US Dollar); Maximum number of trades opened at a time (including pending orders): 5; Minimum volume of one order: 0.01; Maximum volume of one order: 1; Margin call: 100%; Stop out: 50%; Account type: demo (competition) ECN; EAs and locking: allowed; Requirements for getting the prize: to increase the initial deposit by at least 20%; minimum quantity of trades is 10 with minimum volume of 10 lots; to be in the rating among 10 best traders by Equity. Continue reading...

FXOpen Announces the Launch of MetaTrader 5 Dear Clients, FXOpen is pleased to announce the launch of MetaTrader 5 Platform with access to ECN trading and interbank liquidity. MT5 trading platform provides an extensive functionality of its predecessor and many additional services - all you need for successful Forex trading. Trading conditions on MT5 ECN accounts are the same as for regular ECN accounts. Source: FXOpen_news