FXOpen EU offers two types of trading accounts, ECN and STP. Both trading accounts use market execution, and your trade will always be executed at the best available price with no requotes.
ECN Trading Accounts: On Electronic Communication Network (ECN) accounts you trade on the raw price from the banks and liquidity providers and pay a small commission. This is a true one account to rule them all, as it offers over 200 markets for trading, from FX to Stocks. This is also the most cost-effective form of FX trading and is ideal for executing large volume trades.
STP Trading Accounts: On Straight Through Processing (STP) accounts there is no separate commission to pay as it is already included in the spread. This account is ideal for novice traders looking to keep pricing simple.
*ECN is the name of the trading account that uses ECN Technology for order execution **Maximum transaction size can be limited by the liquidity available in the ECN.
How Do I Open a Trading Account?
Simply complete the 3 steps below:
- Register - Complete the simple registration form with just your email address, phone number and password.
- Verify - Continue the application process to verify your trading account and supply ID documents.
- Fund and trade – Once verified, fund using our multiple funding options and start trading.