All client funds are fully segregated from FXOpen's own funds in accordance with
ASIC Client Asset Rules.
Client funds are held in segregated accounts at Commonwealth Bank of Australia.
All clients trading with FXOpen AU have the access to the same liquidity pool, same prices and same execution regardless of their trading strategy or deposit.
Deep liquidity with spreads from 0.0 pips
Very low commissions
Cutting edge ECN technology
Trade on the MT4 or MT5 Trading Platform
Low minimum deposit from £300, $300, €300
Maximum leverage up to 1:500
A wide selection of fast and reliable payment options
The latest economic news, professional market analyses and a Forex calendar
All accounts at FXOpen AU are ECN or STP accounts and use the ECN model. The ECN model gives traders access to quotes and liquidity available in the interbank market, where FXOpen AU hedges all client positions with our liquidity providers such as banks, funds, or another trader. There is no dealing desk and no requotes.
ECN accounts are suitable for all types of trading due to its fast execution and deep liquidity. This is especially useful for scalping, high frequency and automated trading. The ECN Model uses Market Execution, which means that your order will be filled at the price available in the interbank market although the execution price may differ from the price you requested upon placing the order.
All participants of the ECN have equal rights when it comes to order execution, regardless of their capital. Additionally everyone on the ECN can act as both liquidity providers and liquidity receivers with FXOpen AU as a counterparty to all transactions, ensuring they all take place in a completely fair and transparent environment.
This business model, combined with the unique technology behind the FXOpen ECN, provides our clients with aggregated liquidity from multiple participants in the forex market. This allows FXOpen’s clients to execute large volume orders easily and instantaneously, in a very tight spread and highly liquid environment.