CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
FXOpen
vs
FXTM

FXOpen vs FXTM

What each publishes, side by side. — means we haven't got it from the broker's own pages.

FXOpenFXTM
Licences on a register2 of 23 of 5
RegulatorsFCACySECFSCAFSC MauritiusCMA KenyaCMA UAEFSCA ODP
Lowest spread0.0Advertised 'spreads from', pips0.0Advertised minimum on Advantage; Rewards Plus from 1.5
Commission / lot$1.50 per lot'commission from $1.50 per lot' (ECN account)$0Micro and Rewards accounts; Advantage has commission
Min deposit$300'Low minimum deposit from £300, $300, €300'$50Edge account. Rewards Plus $100
Max leverage1:30Maximum leverage as stated on the page; depends on entity and client type1:5000Floating, Rewards accounts
PlatformsMT4, MT5Platforms named on the broker's own siteMT4, MT5Platforms named on the broker's own site
Licences stated✓ = matched on register
  • ✓ FCA 579202
  • ✓ CySEC 194/13
  • ✓ FSCA 50320
  • · FSC Mauritius C113012295
  • ✓ CMA Kenya 135
  • · CMA UAE 20200000270
  • ✓ FSCA ODP
Regulator warningsFCA list, name matchNone found
Trustpilot—Read on Trustpilot ↗3.51,055 reviewsRead on Trustpilot ↗
Regulator warning naming the firmNone foundNone found
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vs

Not a recommendation. Info may be out of date or wrong. Always check with the regulator before you trade.