tl;dr: Forget this broker.
Their onboarding process is completely broken, I was presented multiple different pages when navigating on my own vs. navigating links the support sent me, then they re-requested most of my data through email. The registration process took 5 days.
Their pricing is confusing, I spent hours with their support, sending link back and forth of THEIR own webpage, and then support sent me a different page, with different information. Their webpages along with the information are in ruins, they couldn't even spell the Tiers right (I notified support of the "Standart").
They will happily show you 1:100 leverage in their calculator, even if you are on their European pages where leverage is capped at 1:30. Then the calculator will calculate using 1:30 (while showing 1:100). Then support informed me they use 1:100 even if the calculator uses 1:30. Then they apologized an took that back.
While this is a retail broker, their S&P500 pricing is weird as 1 lot costs x100 of the index point. They offer 0.01 lots along with 1:20 leverage but that means to enter by the smallest possible lot size with US500, you need 250-300 USD, which, compared to other retail brokers are way high.
Also, this broker operates since 2003 and they don't offer deposit option with credit/debit cards, only "Easy Bank Transfer". Support responded "they are looking into other options".
Hello. Thank you for your loyalty and for sharing your positive experience! We're thrilled to have provided you with great service since 2019 and will continue working hard to ensure your satisfaction. 😊 Your support means the world to us! Best regards, FXOpen
Hello. Thank you so much for taking the time to leave us a 5 star rating. We are glad to hear you had a great experience with our customer service team. Best of luck with your trading!
Hello. Thank you for your feedback and for giving us a 5-star rating! We're thrilled to hear that you are pleased with our spreads. We strive to provide the best trading experience for our clients, and your positive review means a lot to us. Best regards, FXOpen
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