FXOpen - fxopen.com

[FXOpen_Official]

The 3rd Stage of Contest on real PAMM Accounts "Heroes of PAMM" Starts on April 2

FXOpen and ForexCup invite to take part in the most exciting contest "Heroes of PAMM" and compete for the real prize money for a total of USD 10,000. The best trader of the contest will get USD 5,000 in the form of investment to his/her PAMM account. Winners who took 2nd and 3rd places will get USD 3,000 and USD 2,000, respectively. Registration is already open.

 

Terms and Conditions of the contest "Heroes of PAMM":

• Dates: April 2 - June 29, 2018;
• Prize fund: USD 10,000;
• Registration is already open and will last until April 30;
• 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: less than 20%**.

During the contest, participants can 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.

 

Source: FXOpen_news

[FXOpen_Official]

Easter 2018: Changes to Trading Hours

 

Dear Traders!
Due to the celebration of Easter on Sunday, April 1, 2018 you will experience the following changes to trading hours.

Thursday, March 29th

• Australia 200 (#AUS200) - trading ends at 16:00 GMT+3
• All other financial instruments will be traded without changes.

Friday, March 30th

• Forex pairs will be traded without changes.
• CFDs (metals, indices, energies) will not be traded. Trading will be closed all day.

Monday, April 2nd

• 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.
 

Source: FXOpen news

FXOpen Wishes you a Blessed and Happy Easter!

[FXOpen_Official]

FXOpen Reduces SWAP on Crypto Accounts down to 10%

Dear Traders,

FXOpen is glad to announce, that we have reduced SWAP for Crypto accounts from 18% down to 10%per annum.

Crypto-accounts from FXOpen offer traders the opportunity to trade the most popular cryptocurrencies like Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Dash (DSH), Ripple (XRP), Monero (XMR), IOTA, EOS, NEO, OMNI in the form of CFDs without having to hold any cryptocurrency directly.

Other benefits of Crypto-accounts include:

• True ECN environment without the conflict of interest between the trader and the broker;
• Low spreads and commissions;
• No limits on hedging, scalping and all kinds of Expert Advisors to automate your strategy;
• Deposits and withdrawals in major FIAT and cryptocurrencies with low commission.

Source: FXOpen news

[FXOpen_Official]

Win Bitcoin, Litecoin, Ethrereum, Tether, Emercoin! Join a free demo contest "The Lord of the Crypto"!

 

Do you prefer crypto to traditional currencies? ForexCup and FXOpen broker once again have a challenge for you to try your strength in cryptocurrency trading.

“The Lord of the Crypto” is a free demo contest for crypto fans. The journey for the win will last for four weeks between May 7 and June 1. You will find awesome prizes on arrival with a total amount equivalent to 3,000 USD. You can trade 39 crypto pairs with Bitcoin, Litecoin, Ethereum, Dash, Emercoin Namecoin, Peercoin, Bitcoin Cash, Ripple, EOS, IOTA, Ethereum Classic, Monero, NEO, OMNI.

 

 

What you should know about the contest:

• dates: May 7 - June 1, 2018;
• registration is already open and will last until May 20, 2018;
• prize fund: 3,000 USD;
• number of winners: 10.

Prize money:

The prize money will be added to your account in any cryptocurrency available with FXOpen at the exchange rate at the moment of prize crediting or in USD.

Please note that 50% of prize cannot be withdrawn and is intended only for trading on Crypto accounts. To get the money, you will have to open a Crypto account by yourself and email us its number at info@Forexcup.com. The profit from trading can be withdrawn at any time via any payment system available with FXOpen. You should also pay attention to the competition rules, violation of which would lead to disqualification.

• 1st place - 1050 USD (525+525);
• 2d place - 750 USD (525+525);
• 3d place - 300 USD (150+150);
• 4th place - 240 USD (120+120);
• 5th place - 180 USD (90+90);
• 6th place - 150 USD (75+75);
• 7th place - 120 USD (60+60);
• 8th place - 90 USD (45+45);
• 9th place - 60 USD (30+30);
• 10th place - 60 USD (30+30).

 

Source: FXOpen news

[FXOpen_Official]

Changes in CFD Trading on May 1, 2018

Dear Traders,

Due to a public holiday in Europe on May 1, 2018, the following indices will not be traded:

• Europe 50 - trading closed;
• France 40 - trading closed;
• Germany 30 - trading closed;
• Germany 30 (Mini) - trading closed.

All other financial instruments will be traded without changes.

 

Source: FXOpen news

[FXOpen_Official]

Changes in CFD Trading on May 1, 2018

Dear Traders,

Due to a public holiday in Europe on May 1, 2018, the following indices will not be traded:

• Europe 50 - trading closed;
• France 40 - trading closed;
• Germany 30 - trading closed;
• Germany 30 (Mini) - trading closed.

All other financial instruments will be traded without changes.

Please, take these changes into consideration when planning your trading activities for the upcoming week.

 

Source: FXOpen_news

[FXOpen_Official]

FXOpen Adds New Pairs with EOS to Crypto Accounts

 

FXOpen enhances the range of financial instruments by adding new pairs with EOS to Crypto accounts: EOSUSD, EOSEUR, EOSJPY and EOSGBP.

 

 

EOS is a new blockchain platform designed to enable vertical and horizontal scaling of decentralized applications. This is achieved by creating an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication, and the scheduling of applications across many of CPU cores or clusters. The technology is a blockchain architecture that may ultimately scale to millions of transactions per second, eliminates user fees, and allows for quick and easy deployment and maintenance of decentralized applications, in the context of a governed blockchain.

According to CoinMarketCap, EOS is the fourth largest altcoin with $9.32B market cap.

With the latest additions, FXOpen now offers the total of 43 currency pairs on Crypto accounts. Ripple, Bitcoin Cash, Ethereum Classic, Monero, NEO, EOS, IOTA and OMNI can be traded against USD Dollar, EURO and Bitcoin. 1 lot typically equals 1 unit of XRP, BCH, EMR or other respective base currency. Margin call is 30% and Stop Out – 15%.

 

Source: FXOpen_news

[FXOpen_Official]

A Guide for Trading Divergences

 

Divergences were born from the desire of having an alternative to chaotic price movements. Since the Personal Computer (PC) invention, traders find it easier to plot charts and calculate complicated oscillators using sophisticated mathematical formulas.

An oscillator appears at the bottom of the main chart and considers many periods before plotting a value. For this reason, oscillators are more trustful than the actual price.

Hence, traders rely more on what an oscillator shows rather than what the price does. Divergences appeared as a consequence of comparing the moves of a currency pair with the ones of an oscillator.

Continue reading...

[FXOpen_Official]

FXOpen Compensates 100 % of the commission for deposits

 

FXOpen is pleased to announce a summer promotion that will let traders save money. From June 25 to August 31, the broker will be covering 100% of the commission to all company's clients for making deposits to their accounts via any payment system available (except for Bank Wire Transfer). You can check Payments → Funding options section to see the complete list of deposit options.

Now you can avoid additional costs and save money for trading or further investment. Try out our trading instruments such as CFDs and PAMM Service.

 

Source: FXOpen_news

[FXOpen_Official]

Both bitcoin and litecoin are trading only a few percentage points above the 2018 lows. Bitcoin is quoted at $6,075 dollars right now, down by $625 dollars or 9.3 percent. Litecoin is trading at $77.31 dollars, down by $20 and almost 21% in percentage terms.

 

Bitcoin Floats Above 2018 Lows

 

Bitcoin hit a new yearly low of $5,766 on Sunday but we got a fairly quick rebound from here. In the next few days the dead-cat bounce took us to $6,326 dollars but as you can see on the chart below a lot of those gains have since faded.

 

 

We are still in a downtrend on the daily charts. To end it we need a breakout above $6,840 dollars per coin. A new rally, however, requires a break of the $7,775 resistance as well. Higher up there’s more resistance at $8,590 and 8,880 dollars per coin. The $10,000 round figure is another notable resistance level.

 

Continue reading...

[FXOpen_Official]

Changes to CFD Trading on Independence Day

 

Dear clients,

Please note that due to Independence Day celebrated in the USA on 4 July 2018 you may experience the following changes in trading hours on July 3rd and 4th.

Tuesday, July 3rd

Forex: normal trading hours;

Metals: normal trading hours;

Indices:

• Japan 225 trading ends at 20:15 GMT+3;
• US SPX 500 trading ends at 20:15 GMT+3;
• US SPX 500 (Mini) trading ends at 20:15 GMT+3;
• US Tech 100 trading ends at 20:15 GMT+3;
• US Tech 100(Mini) trading ends at 20:15 GMT+3;
• Wall Street 30 trading ends at 20:15 GMT+3;
• Wall Street 30 (Mini) trading ends at 20:15 GMT+3.

All other indices will be traded without changes.

Wednesday, July 4th

Currency pairs: normal trading hours;

Metals: trading ends at 20:00 GMT+3;

Indices:

• Japan 225 trading ends at 20:00 GMT+3;
• US SPX 500 trading ends at 20:00 GMT+3;
• US SPX 500 (Mini) trading ends at 20:00 GMT+3;
• US Tech 100 trading ends at 20:00 GMT+3;
• US Tech 100 (Mini) trading ends at 20:00 GMT+3;
• Wall Street 30 trading ends at 20:00 GMT+3;
• Wall Street 30 (Mini) trading ends at 20:00 GMT+3.
•  

Source: FXOpen_news

[FXOpen_Official]

ETHER LITTLE CHANGED, DASH DOWN

 

Both Ether and Dash are trading little changed versus bitcoin. Ether is up by 0.11% while Dash is lower by 0.84 percent since last Thursday. Not large moves by any means and especially not for the crypto market which tends to be more volatile than traditional markets.

 

Ether Little Changed

Ether is quoted little changed vs BTC. The altcoin had a short and uneventful trip below the 0.07 BTC figure on June 30th only to bounce back quickly. We are quoted at 0.07115 BTC right now, not far from where we were trading at on June 28th.

 

 

Ether is still in range on the daily charts, we remain in ‘wait and see’ mode here. The shallow break below the previous lows doesn’t count as a trend changer.

 

Continue reading...

[FXOpen_Official]

 

Join "PAMM School" – a Free Forex Contest!

FXOpen invites traders to join "PAMM School" - a free Forex competition for demo accounts. The prize fund of the contest is 4,000 USD. At the end of the contest, the top 20 traders will receive PAMM STP accounts and the right to join a competition on live PAMM accounts "Heroes of PAMM". The competition starts on September 3 and will last until September 28, 2018. Registration is already open.

 

 

Source: FXOpen_news

 

 

[FXOpen_Official]

FXOpen Increases Margin Requirements for Turkish Lira

 

 

Dear Traders,

Due to increasing volatility of the Turkish Lira, FXOpen increased margin requirements for EURTRY and USDTRY up to 25 times their normal level starting from August 12th, 2018.

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.

 

Source: FXOpen_news

[FXOpen_Official]

Hurry up! There are only two weeks left before the end of the promotion.

 

 

FXOpen Compensates 100 % of the commission for deposits.

 

 

FXOpen is pleased to announce a summer promotion that will let traders save money. From June 25 to August 31, the broker will be covering 100% of the commission to all company's clients for making deposits to their accounts via any payment system available (except for Bank Wire Transfer).

 

 

Continue reading...

 

[FXOpen_Official]

Dear traders!

 

We remind you that there are six days left before the contest starts. 

FXOpen broker invites you to take part in "PAMM School" - a free Forex competition for demo accounts. By joining the contest, you can not only try your hand at trading, but also compete for the real prize money and the right to join a competition on live PAMM accounts "Heroes of PAMM". The total prize fund of the contest is 4,000 USD. The competition starts on September 3. Registration is already open.

 

Details you can find visiting our site. 

 

 

[FXOpen_Official]

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 3rd 2018  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

[FXOpen_Official]

Warning about fraudulent activities

 

 

Dear clients,

We are contacting you to make you aware about an increasing amount of fraudulent activity where unidentified individuals are pretending to represent FXOpen and are contacting clients asking for payment of commissions and service fees. FXOpen does not have any hidden costs or charge additional commission or fees as clients pay only the commission stated on the broker's official website.

Please note that we only use @fxopen.com and @fxopenasia.com mail domains for communication with our clients. If you receive an email from FXOpen but from another domain it is most likely to be fraudulent. Also, we draw your attention to the fact that the authentic form of registration with FXOpen is only available on our main official website https://www.fxopen.com/(https://my.fxopen.com/en/Registration) and the domains on other languages available from the official website. We advise you to keep your login details safe and not to disclose them to third parties.

If you have any doubts about the authenticity of the registration form or about the official representative of FXOpen that has contacted you, please immediately notify FXOpen customer support at support@fxopen.com.

 

Source: FXOpen_news

[FXOpen_Official]

FXOpen awarded Order Execution Certificate from VMT

FXOpen has been successfully certified by the Financial Commission (an independent organization for dispute resolution in Forex). The order execution certification was carried out by VerifyMyTrade (VMT), an independent audit company.

 

 

On 20 September 2018, VMT audited a sample of 5,000 order executions from FXOpen and based on the audit, the Commission has issued an execution quality certification to FXOpen. FXOpen will continue to submit order execution data to VMT to ensure our order execution continues to meet the standards set out for all members of the Financial Commission.

FXOpen is constantly improving the quality of all aspects of its service, especially the safety of clients' funds, and is very proud to be among the first brokers to support the Financial Commission initiative and complete the voluntary audit for quality of trading transactions.

 

Source: FXOpen_news

 

 

[FXOpen_Official]

 

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 

 

[FXOpen_Official]

 

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_Official]

 

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

 

[FXOpen_Official]

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

[FXOpen_Official]

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 

[FXOpen_Official]

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