Forex.com
FXOpen
Forex.com vs FXOpen
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Forex.com and FXOpen are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Forex.com, founded in 2001 and headquartered in Warren, New Jersey, USA, is regulated by FCA, ASIC, CySEC and offers spreads starting from 0.0 pips with a minimum deposit of $100. FXOpen, established in 2005 in Christchurch, New Zealand, holds licenses from FCA, ASIC, CySEC with spreads from 0.0 pips and a $1 minimum deposit. In our hands-on testing across 8 scoring categories, Forex.com scored 8.5/10 overall compared to FXOpen's 7.8/10, making it the stronger pick for most traders. That said, FXOpen holds its own with lower trading costs, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Forex.com scores 8.5/10 overall vs 7.8/10 for FXOpen — a 0.7-point difference.
- 💵
FXOpen requires just $1 to start, while Forex.com needs $100 — FXOpen is 100x more accessible.
- 📈
Forex.com offers 5,000+ instruments vs 600+ at FXOpen — a massive gap in market coverage.
- 🖥️
Forex.com runs on MT4, MT5, Forex.com Platform, while FXOpen uses MT4, MT5, TickTrader — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Education: Forex.com scores 8.0 vs 6.5 for FXOpen — a 1.5-point difference.
Our Verdict
Forex.com
Score: 8.5/10 · Wins 7 categories- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
FXOpen
Score: 7.8/10 · Wins 1 categories- You want lower spreads and trading fees
- You prefer a low minimum deposit ($1)
- You prefer FXOpen's trading environment overall
Forex.com takes the lead with an overall score of 8.5/10 compared to 7.8/10, winning in 7 out of 8 scoring categories. Forex.com stands out for better trading platforms and stronger regulation, while FXOpen fights back with lower trading costs.
Detailed Verdict
After testing both brokers with real accounts, Forex.com comes out ahead with a 8.5/10 overall rating, winning 7 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.5/10. Forex.com holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. FXOpen is not without merit — it scores 7.8/10 overall and excels in Regulation & Trust (9.0/10), winning 1 category. Traders who value lower trading costs may find FXOpen the better fit. For a complete breakdown, read our full Forex.com review and FXOpen review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
FXOpen wins by 0.5 points
Forex.com wins by 0.5 points
Forex.com wins by 0.5 points
Forex.com wins by 1.5 points
Forex.com wins by 1.0 points
Forex.com wins by 1.5 points
Forex.com wins by 0.5 points
Forex.com wins by 1.0 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 8.5/10 ✓ | 7.8/10 |
| Min Deposit Lower is better | $100 | $1 ✓ |
| Max Leverage | 1:200 | 1:500 |
| Spreads From | 0.0 pips | 0.0 pips |
| Platforms | MT4, MT5, Forex.com Platform | MT4, MT5, TickTrader |
| Regulation | FCA, ASIC, CySEC | FCA, ASIC, CySEC |
| Founded Older track record highlighted | 2001 ✓ | 2005 |
| Markets | 5,000+ ✓ | 600+ |
Fees & Costs
When it comes to trading costs, FXOpen has the edge with a score of 8.5/10 versus 8/10 for Forex.com. Forex.com offers spreads starting from 0.0 pips, while FXOpen starts from 0.0 pips. The minimum deposit at Forex.com is $100, compared to $1 at FXOpen. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
Forex.com scores 8.5/10 for platforms compared to 8/10 for FXOpen. Forex.com provides MT4, MT5, Forex.com Platform, while FXOpen offers MT4, MT5, TickTrader. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. Forex.com is regulated by FCA, ASIC, CySEC (Tier 1), while FXOpen holds licenses from FCA, ASIC, CySEC (Tier 1). Forex.com scores 9.5/10 and FXOpen scores 9/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, Forex.com leads with 8/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Forex.com and FXOpen both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
Forex.com offers 24/5 Live Chat, Email, Phone and scores 8/10, while FXOpen provides 24/5 Live Chat, Email with a score of 7/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
Forex.com scores 8/10 for deposits and withdrawals, while FXOpen scores 7.5/10. Forex.com accepts Bank Transfer, Credit Card, PayPal, Skrill, and FXOpen supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. Forex.com requires a minimum deposit of $100 versus $1 for FXOpen. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Forex.com if you...
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
Choose FXOpen if you...
- You want lower spreads and trading fees
- You prefer a low minimum deposit ($1)
- You prefer FXOpen's trading environment overall
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is Forex.com better than FXOpen?
Forex.com scores higher overall (8.5/10 vs 7.8/10), winning 7 of 8 categories. However, FXOpen is stronger in lower trading costs. The best choice depends on what matters most to your trading style.
Which has lower fees, Forex.com or FXOpen?
FXOpen scores higher for trading costs. Forex.com offers spreads from 0.0 pips with a $100 minimum deposit, while FXOpen starts from 0.0 pips with $1 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is Forex.com safe to trade with?
Forex.com is regulated by FCA, ASIC, CySEC and scores 9.5/10 for regulation. FXOpen is regulated by FCA, ASIC, CySEC with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, Forex.com or FXOpen?
Forex.com scores 8.5/10 for platforms. Forex.com offers MT4, MT5, Forex.com Platform, while FXOpen provides MT4, MT5, TickTrader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for Forex.com vs FXOpen?
Forex.com requires a minimum deposit of $100, while FXOpen requires $1. FXOpen has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.