FXOpen Wiki

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FXOpen Wiki

FXOpen was founded in 2003 as an educational centre of technical analysis in Egypt.

In 2005, the company launched a brokerage services. In 2006, the company introduced Micro accounts and Shari’a compliant accounts.

In 2009, FXOpen developed its own bridge technology that provided retail traders with an access to the ECN market via the MetaTrader platform. Subsequently it also provided ECN PAMM accounts.

In December 2011, the company moved its registered head office to Auckland.

In 2013, FXOpen launched STP accounts. At that point the company reached $100 billion in monthly trading volume over its ECN platform.

In 2014, FXOpen launched Crypto accounts and introduced new financial instruments such as Bitcoins, Litecoins, Namecoins, and Peercoins.

In August 2014, FXOpen NZ Limited stopped issuing derivatives to retail customers and the company was deregistered from the financial services provider register.

In July 2015, New Zealand revoking its registration from the Financial Dispute Resolution Scheme. Since 2015, FXOpen LP Limited (New Zealand) a limited partnership, provides trading technology platform to wholesale customers.

FXOpen Wikipedia Conclusion

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