2 licences are on record for FXOpen. 2 have been checked against an official register.
Back to FXOpenWikilix check
One licence found on an official register
Last checked Nov 12, 2026
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
FXOpen has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. We located 2 of 2 on the issuing authority’s own register.
The registers print these licences under FXOpen Ltd. Searching a register for the trading brand alone may return nothing — use the name above.
Every licence on record for FXOpen, strongest authority first.
FCAUnited KingdomTier 1Licence number
On 12 November 2026, the UK Financial Conduct Authority (FCA) listed FXOpen Ltd, reference number 579202, as authorised with an application to cancel. FXOpen Ltd is a UK company with Companies House number 07273392.…
CySECCyprusTier 2Licence number
Each authority below publishes a register you can search. The name a register prints is often a separate legal entity, not the trading brand — search for the name given here.
FCA's own rules for the firms it authorises.
Answered from the register entries on this page.
Yes, the FXOpen EU policy documents in English say FXOpen EU is always the counterparty to every client trade. A counterparty takes the opposite side of your trade, so you can close the position only with FXOpen EU. FXOpen describes its accounts as ECN accounts, and the FXOpen EU German pages promise a bank as your counterparty. The FXOpen EU terms say that pages in languages other than English have no legal effect.
Yes, FXOpen INT charges an inactive account fee of 10 USD per month. Under clause 23.1 of the FXOpen EU terms, FXOpen EU charges 10 EUR per month after 12 months with no login. FXOpen EU takes the inactivity fee from the account balance until the balance reaches zero. FXOpen EU charges no inactivity fee while another trading account of the same client stays active.
Yes, the FXOpen EU terms let FXOpen EU cancel trades and profits in several cases. Clause 35.4 lets FXOpen EU reverse all past trades if FXOpen EU suspects abusive trading, and the clause lists hedging as abusive trading. Hedging means holding opposite positions at the same time, and the FXOpen EU accounts page says hedging is allowed. Clause 12.5 lets FXOpen EU cancel all trades if FXOpen EU suspects arbitrage, meaning risk-free profit, or other abuse. Clause 12.3 lets FXOpen EU seize profits made with software that FXOpen EU decides uses artificial intelligence.
ASIC, the Australian regulator, announced on 4 September 2024 the cancellation of Australian financial services licence 412871 of FXOpen AU Pty Ltd. ASIC cited failures in staffing and supervision, and failures to comply with financial services laws. A notice dated 11 September 2024 on fxopen.com.au says FXOpen AU takes no new clients. FXOpen AU asked a tribunal to review the ASIC decision, according to WIKILIX's scam investigation.
No, FXOpen Ltd, which trades as FXOpen UK, closed its UK client accounts in September 2026. In October 2026, FXOpen Ltd applied to the UK Financial Conduct Authority (FCA) to cancel FCA authorisation 579202. The FXOpen UK home page and the FXOpen account-opening page still invite UK residents to open accounts. The Financial Ombudsman Service and the Financial Services Compensation Scheme (FSCS) may help eligible former clients of FXOpen Ltd.
WIKILIX's scam investigation found that Companies House, the UK company register, lists Aliaksandr Klimenka as the person with significant control of FXOpen Ltd. In July 2024, CySEC decided that Aliaksandr Klimenka's influence was likely to harm the careful, independent running of FXOpen EU Ltd. US prosecutors charged Aliaksandr Klimenka with money laundering conspiracy and running an unlicensed money services business, in an indictment unsealed in February 2024. A criminal charge is an accusation, not a conviction.
WIKILIX's scam investigation, published on 12 November 2026, rates FXOpen as high risk, with medium confidence. The investigation found that FXOpen is a real broker, not a fake and not a clone. The rating rests on actions by regulators in Australia and Cyprus, and on US criminal charges against FXOpen's owner, Aliaksandr Klimenka. A criminal charge is an accusation, not a conviction. The rating is a risk assessment, not a finding of fraud by a court or a regulator.
FXOpen INT offers PAMM accounts through the FXOpen PAMM site at pamm.fxopen.com. In a PAMM account, a trader called a Master trades the Master's own money together with money from followers. The Master and the followers share the profit. FXOpen EU does not offer PAMM accounts or social trading.
FXOpen EU clients can complain by email to compliance@fxopen.eu, on the complaint form, or by post to the Limassol head office. FXOpen EU confirms each complaint within 5 business days and gives a final reply within 2 months, or 3 months at most. A client can take an unresolved complaint to the Financial Ombudsman of Cyprus within 4 months of the final reply. The Financial Ombudsman of Cyprus handles claims up to 170,000 EUR. The FXOpen EU complaints policy says the complaint steps do not apply when a client owes FXOpen EU money.
Yes, FXOpen EU gives negative balance protection to retail clients, under clause 16.1 of the FXOpen EU Ltd terms. Negative balance protection means a retail client cannot lose more than the money paid in. Professional clients of FXOpen EU do not get negative balance protection under the same clause.
No, FXOpen does not accept clients who live in the United States. The FXOpen account-opening page refuses US residents, and the FXOpen INT website says FXOpen Markets Limited does not provide services for United States residents. The account-opening page also refuses residents of 20 other countries and territories, including Belgium, Czechia, Iran, North Korea, Puerto Rico and Guam.
FXOpen INT processes withdrawal forms received before 12:00 GMT on the same business day, and later or weekend forms on the next business day. The processing time covers FXOpen's handling of the request, not the time the payment provider needs to deliver the money. FXOpen EU sends each withdrawal back to the sender, by the same method used for the deposit. Clause 20.9 of the FXOpen EU terms lets FXOpen EU refuse a withdrawal for any reason FXOpen EU deems appropriate.
Yes, FXOpen converts accounts to swap-free (Islamic) accounts on request, by email to FXOpen support. A swap is the overnight financing charge on an open position. FXOpen charges an extra overnight commission equal to the swap instead, so a swap-free account still carries overnight costs. Under the FXOpen EU terms, all open positions in a swap-free account close on Friday, 1 hour before the market closes.
FXOpen EU charges forex commission of 2.50 per standard lot (100,000 units) when a trade opens and again when the trade closes. FXOpen EU takes the commission in the base currency, the first currency of the pair. The FXOpen EU pages advertise commission from 1.50 USD, but the FXOpen EU pricing table shows 2.50 at every balance. FXOpen INT charges from 3.50 USD down to 1.50 USD per lot each way, by a level that changes monthly with equity and volume.
FXOpen EU offers MetaTrader 4, MetaTrader 5 and TickTrader, which FXOpen calls its own multi-asset platform. FXOpen INT accounts trade on TickTrader only, on Windows, in a web browser, and on Android and iOS. The FXOpen App is a client portal for account management, deposits and transfers, not a trading platform.
WIKILIX has no licence on record for FXOpen INT or for FXOpen Markets Limited, the Nevis company behind FXOpen INT. The FXOpen INT website describes FXOpen Markets Limited only as a company registered in Nevis under number C 42235. A company registration is not a licence to offer trading. Brazil's securities regulator, the CVM, has published a notice that FXOpen Markets Limited is not authorised to offer investments to Brazilian residents.
FXOpen is a brand of several companies, and the account-opening page chooses the company by your country of residence. Residents of 27 European countries go to FXOpen EU Ltd in Cyprus, company number HE 310300. Residents of most other countries go to FXOpen Markets Limited, registered in Nevis under number C 42235, which trades as FXOpen INT. The account-opening page still sends residents of the United Kingdom and Turkey to FXOpen Ltd, which closed its UK client accounts in September 2026.
FXOpen EU support works from 9am to 8pm Eastern European Time, by email at support@fxopen.eu, by phone on +357 25024000 and by live chat. FXOpen INT offers live chat 24 hours a day, 5 days a week. FXOpen INT answers email tickets at support@fxopen.com from 7am Monday to 4pm Friday GMT. FXOpen EU and FXOpen INT share a Help Centre with articles and a ticket form at support.fxopen.com.
FXOpen offers forex and CFDs on indices, commodities, shares, ETFs and cryptocurrencies. A CFD (contract for difference) follows the price of an asset, and you never own the asset itself. The FXOpen EU instrument list holds 52 currency pairs, 11 index CFDs, 5 commodity CFDs, 45 ETF CFDs and 19 crypto CFDs. FXOpen advertises 700+ instruments, while the FXOpen EU list names 132 symbols and adds a general row for US share CFDs.
FXOpen INT lists the e-wallets Volet and WebMoney, and local online banking in VND, THB and IDR. FXOpen INT also pays withdrawals in THB through Paypaid. The FXOpen EU funding page says the payment options changed recently, and asks clients to email support@fxopen.eu for the options available now. An older Help Centre article for FXOpen EU Ltd lists cards, bank wires and Instant Bank Payment.
The minimum deposit depends on the FXOpen company that holds your account. FXOpen EU asks for 300 EUR or 300 USD, and FXOpen INT asks for 100 USD or the same value in another currency. Leverage lets you open a position larger than your deposit. FXOpen EU gives retail clients up to 1:30 on major currency pairs, while the FXOpen INT accounts page offers up to 1:500.
WIKILIX's scam investigation, published on 12 November 2026, rates FXOpen as high risk, with medium confidence. FXOpen serves residents of 27 European countries through FXOpen EU Ltd, a company in Cyprus. FXOpen EU Ltd holds Cyprus Investment Firm licence 194/13 from CySEC, the Cyprus regulator. Cyprus's Investor Compensation Fund covers eligible retail clients of FXOpen EU Ltd up to 20,000 EUR, but never covers trading losses. The FXOpen EU terms let FXOpen EU refuse a withdrawal for any reason FXOpen EU deems appropriate.
