Forex.comvs
FXOpenForex Broker Comparison
Two brokers share strong regulation and price transparency, but they diverge on platform strategy and support features, creating a tension you should consider before choosing.
Our Verdict
Too close to call
Forex.com and FXOpen are closely matched, with Forex.com's proprietary platform standing out as the clearest differentiator.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Forex.com offers phone support; FXOpen does not.
- 2FXOpen imposes no inactivity fee, while Forex.com charges.
- 3Forex.com provides a proprietary platform; FXOpen does not.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
FXOpen offers tighter spreads from 0.00 pips vs 1.00 pips for Forex.com, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
Forex.com vs FXOpen: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.5 / 5▲ |
Forex.com vs FXOpen Forex Broker Pros & Cons
Pros
One of the few brokers accepting US retail forex clients
Deep research tools including macro analysis
Raw spread account with competitive $7 round-turn commission
MT4, MT5 and proprietary platforms
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Forex.com vs FXOpen: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Forex.com
criteria wins
1
FXOpen
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Forex.com | FXOpen |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
Forex.com vs FXOpen: Frequently Asked Questions
Forex.com and FXOpen share the same editorial score of 4.2/5. One concrete differentiator: FXOpen has tighter spreads from 0 pips.
FXOpen starts from 0 pips, tighter than Forex.com's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Both Forex.com and FXOpen require a minimum deposit of $100 to open a live trading account.
Both Forex.com and FXOpen hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
Forex.com lists maximum leverage of 50:1, while FXOpen lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FXOpen charges $3 per lot, lower than Forex.com's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Forex.com supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while FXOpen supports cTrader, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. Forex.com has exclusive access to Proprietary Web/Mobile. FXOpen has exclusive access to cTrader.
