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FXOpen UK: account closure, outstanding withdrawals and former ECN terms

FXOpen UK says all accounts are closed and new applications are unavailable. This reference explains the outstanding-balance route and preserves former ECN costs and platform details as historical material.

By Editorial deskOperating status: HistoricalSources checked Published Updated
Profile scope

UK service closed according to the current official notice. Legacy tariff/platform details are historical; this status does not describe other group companies or determine FCA authorisation.

  • FXOpen UK’s current notice says all accounts are closed and directs customers to withdraw remaining balances.
  • The retained UK tariff and platform tables are historical, not an active onboarding offer.
  • The operating-status change does not establish withdrawal of the company’s FCA permissions.

Accounts & headline costs

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FXOpen Ltd’s UK service has closed its customer accounts. The current website directs remaining customers to the Client Portal for withdrawal and says new applications are not accepted. Historic ECN tiers remain useful for checking previous charges, but should no longer be presented as a live UK product comparison.[6]

Broker essentials01

UK company and former-account reference

UK company and former-account reference
MeasureValueContext
Contracting companyFXOpen LtdEnglish company 07273392; disclosed FCA reference 579202.Source 1
Published office80 Coleman Street, London EC2R 5BJCurrent office contact address; not a statement of the registered office.Source 7
Initial fundingGBP 300 / USD 300 / EUR 300Historical service: Published account-currency thresholds; not a single USD-equivalent amount.Source 1
Commission assessmentEquity and recent volumeHistorical service: The schedule refers to rolling 30-day volume and monthly review.Source 1
Platform documentationTickTrader, MT4 and MT5Historical service: The public comparison describes different tool sets.Source 3

FXOpen UK is no longer accepting new applications. Its current UK notice says all accounts are closed and directs former customers to withdraw remaining funds immediately through the Client Portal. The retained commission and platform tables below describe the former UK service; they are not an available new-account offer.[6]

View full spreads & trading costs

Products & platforms

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Platforms & products02

Historical: Selected differences in the platform comparison

Historical: Selected differences in the platform comparison
FunctionMetaTrader routeTickTrader route
AutomationMT4 Expert Advisors / MT5 environmentSeparate TickTrader integration and tools.Source 3
Market depthMT4 via additional OCTL2 tools; MT5 depth featuresBuilt-in depth display.Source 3
Order controlsPlatform-specific order typesControls for market/stop slippage and execution.Source 3Source 5
Backtesting / trading signalsEstablished MetaTrader functionalityListed as coming soon in the comparison.Source 3

TickTrader’s distinction is the control available around order submission and the display of liquidity. That differs from using an MT4 program written for the MetaTrader environment. Existing Expert Advisors, account credentials and order settings should not be assumed to transfer unchanged between those systems.[5][3]

Fees & holding costs

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Pricing & charges03

Historical: Published forex commissions by account tier

Historical: Published forex commissions by account tier
TierEquity / monthly volume referenceCommission per side
BasicFrom USD 300 / below USD 5m volume3.50 per 100,000 base-currency units.Source 1
ClassicFrom USD 1,000 / USD 5m–25m2.50 per 100,000 base-currency units.Source 1
AdvancedUSD 25,000–250,000 / USD 25m–250m1.80 per 100,000 base-currency units.Source 1
EliteAbove USD 250,000 / above USD 250m1.50 per 100,000 base-currency units.Source 1

The charging currency matters. The quoted rate is applied per 100,000 units of the currency being traded as the pair’s base. It should not be rewritten as USD 3.50 for every forex lot. The account currency can introduce a subsequent conversion, while a different equity or volume tier changes the rate itself.[4]

Pricing & charges04

Historical: Basic-tier examples: one standard forex lot

Historical: Basic-tier examples: one standard forex lot
TradeOpening commissionTwo equal-size sides
EUR/USD: EUR 100,000EUR 3.50EUR 7.00 before spread and financing.Source 4
GBP/USD: GBP 100,000GBP 3.50GBP 7.00 before spread and financing.Source 4
USD/JPY: USD 100,000USD 3.50USD 7.00 before spread and financing.Source 4
Pricing & charges05

Historical: Financing and non-FX commissions

Historical: Financing and non-FX commissions
ItemPublished ruleQualification
Index CFDsNo index dealing commission in the scheduleSpread and financing remain separate.Source 4
US share / ETF minimumUSD 1 per orderPercentage tariff varies by equity, platform and order type.Source 4
Swap-free accountsAdditional overnight commission equal to the swapA renamed charge, not a zero-cost overnight position.Source 4
Current swapsInstrument Specification in MT4/MT5Separate long and short values.Source 4

Deposits, withdrawals & transfers

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Account comparison06

Historical: UK published payment timetable

Historical: UK published payment timetable
StepPublished ruleTiming distinction
Initial fundingGBP 300 / USD 300 / EUR 300Published currency-specific account threshold.Source 1
Withdrawal instruction before noon GMTNormally processed that business dayLater requests generally move to the next business day.Source 2
Bank withdrawal arrivalUsually 1–3 business daysBank transit after processing.Source 2
Card withdrawal arrivalUsually 2–5 business daysCard-provider processing follows the broker’s action.Source 2
Account nameFunding in the client’s own nameEligible joint arrangements are treated separately.Source 2

Bank charges and currency conversion are not the ECN dealing commission. FXOpen’s payment conditions allow relevant banking costs to be passed through, so a low per-trade rate does not establish the amount that will arrive after an international transfer. The withdrawal cut-off and the bank/card arrival estimate refer to separate stages.[2]

For a remaining UK balance, the company’s current instruction is to withdraw through the Client Portal. Its earlier payment timetable is retained as historical context, but a closure-related payment may require individual account assistance. The notice is specific to FXOpen UK and does not establish the operating status of another group company.[6]

Protection & regulation

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Ceasing account services and regulatory authorisation are separate questions. This profile changes the UK service’s operating status to historical; it does not infer that FXOpen Ltd has been dissolved or that its FCA permissions have been withdrawn. The existing regulatory reference remains separately qualified in the entity record.[6]

Headquarters
UK company: London, United Kingdom
The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

FXOpen Ltd

United KingdomSource 1

Licences and regulatory records for FXOpen Ltd
Issuer & identifierRecorded statusDate & scope
Financial Conduct Authority579202Not verifiedChecked 9 Oct 2026Company-disclosed regulatory reference; an independently readable current permissions record was not obtained. This evidence limitation is not a finding of absent authorisation.Source 1

Opening an account & support

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The UK contact page lists +44 (0)20 3519 1224 and client support from 8am to 6pm London time. It currently gives 80 Coleman Street, London EC2R 5BJ as the office contact address. Retain the withdrawal request and account statement when seeking help with an outstanding balance.[7]

New UK account opening is unavailable. For a service dispute, FXOpen’s complaints policy provides a written final response or an explanation of delay within eight weeks, together with Financial Ombudsman Service information. Eligible complainants ordinarily have six months from a final response to refer the matter to the Ombudsman; the response letter and applicable eligibility rules govern the case.[6][8]

Follow the evidence

Sources & further reading

  1. FXOpen UK ECN account commission tiers FXOpen Ltd · Accessed 9 Oct 2026
  2. FXOpen UK funding and withdrawals FXOpen Ltd · Accessed 9 Oct 2026
  3. FXOpen UK trading-platform comparison FXOpen Ltd · Accessed 9 Oct 2026
  4. TickTrader platform and order controls FXOpen Ltd · Accessed 9 Oct 2026
  5. FXOpen Ltd complaints-handling procedure FXOpen · Accessed 15 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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