STP TickTrader NO Deposit Bonus FXOPEN

FXOpen is a suitable ECN and STP broker for both beginners and experienced investors. The regulated service provides a competitive trading environment with multiple platforms for active traders. The low spreads and commissions, as well as a strong track record make it an attractive option, though only high volume traders are rewarded with discounted fees. FXOpen also offers more platforms, apps and trading tools than the majority of its competitors.

You can trade on major global indices, FX, commodities, ETFs, shares and cryptocurrency. There are no bonuses or promotions for traders located in the UK or EU, aligned with ESMA restrictions on financial incentives. You can check the deposit options available to you in your cabinet after logging into my.fxopen.com. The confirming letter from the broker FXopen will be sent to your email. You need to click on it for confirming the correctness of the e-mail specified by you during the registration process. Regular 10$ No Deposit Bonus for STP accounts is available for the clients of the same category with Grade 2 verification.

1. When we used an FXOpen STP account we were offered tight spreads.
2. VPS is free of charge (provided minimum conditions are met) or for a $30 monthly fee.
3. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
4. First, you need to open a new FXOpen eWallet and complete the Grade 1 verification.
5. It features genuine ECN pricing on the MT4/MT5 trading platforms, is highly transparent, and provides a shining example of a trustworthy, competitive trading environment.
6. Now it’s time to do grade2 verification where you need to send the documents related to your personalinformation and address to be verified.

You can’t withdraw the Initial Bonus Credit But all profits earned can be withdrawn after traded the required trading volume. Yes, you can withdraw profits made from the FXOpen no-deposit bonus, but there’s a catch. This requirement is quite reasonable, making it possible to earn and withdraw real money from this bonus. The bonus itself cannot be withdrawn, but the profits you make are all yours.

ECN Account

Nonetheless, a low minimum deposit requirement and access to educational content is ideal for novice traders. With ECN accounts, forex commissions are charged based on the account balance. Nonetheless, traders with an account balance less than $1000 will pay a $3.50 commission charge per lot traded. This reduces to $1.50 per lot for those with an account balance of $250,000 or more. Similarly when we traded commodity CFDs, we incurred a commission charge of 0.005 for lower account balances and 0.0025% for a balance over $250,000.

Crypto Account

A verification code will be sent to your phone and you need to enter that in the relevant field and press the confirm button. After that, you need to get verification for your phone number which is called grade 1 verification. Scalping, expert advisors, and even hedging are allowed for trading with the bonus. Any attempts to get that again either by you or your family members is considered the violation of bonus terms and you won’t be given the bonus.

Spreads & Commissions

Crude oil and natural gas were charged at either 0.005%, 0.0025%, or 0.0018% per side, depending on the account balance. For cryptocurrency CFD accounts, the commission is 0.5% per side. FXOpen offers a $10 no deposit bonus for the STP account, and a $1 welcome bonus for the Micro account. A time-limited cashback program is equally available with a rather complex structure. The ForexCup, a demo account competition, is offered; real cash awards are credited to trader accounts.

Trading platforms and instruments

Now it’s time to do grade2 verification where you need to send the documents related to your personalinformation and address to be verified. Some allow scalping and most of them allow EAs but hedgingis forbidden for trading with the no deposit bonus in the brokers that I’vereviewed so far except for FXOpen. Claiming the FXOpen no-deposit bonus is straightforward and easy. First, you need to open a new FXOpen eWallet and complete the Grade 1 verification.

Corporate actions such as dividends and mergers impact equity and index CFDs; how they are processed remains unclear. While FXOpen Markets Limited is registered in Nevis as a company, it is not regulated by the Financial Services Regulatory Commission. Instead, it opted for oversight and investor protection by The Financial Commission, based in Hong Kong. It is the first of its kind; an independent self-regulatory organization and external dispute resolution (EDR) body, primarily intended as alternative oversight for Forex brokers.

FXOpen verification passing

The ECN or STP demo server will remain accessible as long as you log in each month. You can then upgrade to a live real-money account when you’re ready. You can access up to $1,000,000 in virtual funds to trade risk-free and test platform features. The minimum withdrawal for bank wire transfer is 50 GBP, USD, or EUR, and for all other methods, the minimum is 10. There is no maximum withdrawal limit for bank transfers, but for card withdrawals, the limit is set at 15,000 GBP, USD, or EUR. When we used the FXOpen bespoke platform, we were impressed with its simple navigation, fully customizable experience and clear price analysis charts.

FXOpen offers a $10 no deposit bonus (NDB) for the ECN TickTrader account and the STP PAMM accounts. There is also a $1 welcome bonus for Micro accounts and a ForexCup Trading Contest bonus, subject to demo contest terms and conditions. FXOpen offers all of its trading platforms (MT4, MT5, TickTrader, & TradingView) as mobile apps, compatible with iOS and Android smartphone and tablet devices. Individuals investing via the ECN profile will trade on the raw price from banks and liquidity providers, and with this, pay a small commission fee.

FXOpen also offers multiple account types, including ECN, STP, and Crypto accounts, catering to different trading strategies and experience levels. FXOpen developed an ECN bridge for the MT4 trading platform in 2009, becoming the first Forex broker to do so. It offers traders access to institutional liquidity and remains a primary asset of this broker. The One-Click Trading and Level2 plugin complements the ECN capabilities.

To receive the no-deposit bonus- register for an eWallet of FXOpen and complete the Grade 1 verification to open a Ticktrader xcritical scam ECN account. There are some limitations for scalping with micro accounts and the condition is not as favorable as the STP account. Another difference is that unlike the $10 bonus, the $1 bonus is withdrawable itself and you can withdraw that after trading 100 micro lots, which is equal to 0.1 standard lots.

FXOpen was founded in 2005 and has since become one of the fastest-growing and most impressive brokerages on the market today. Regulated in Nevis, a light regulatory approach combines with technology and a forward-thinking management team. TradingInfo features trading information to traders xcritical reviews with all latest news to professional traders, both novice, and expert alike.

Here’s another catch- only newly opened Ticktrader account will be under the no-deposit USD 10 bonus, and after activation of the bonus, it will be valid until 90 working days. Other than that, the rest of the conditions seem acceptable and meeting them is achievable so FXOpen no deposit bonus is not a scam. As we mentioned early on, the account that this $10 nodeposit bonus is dedicated to is the STP account of FXOpen. After filling out the form, you see the grade 1 verification under the above form where you need to have your phone number verified using SMS. As I said in the previous clause, there is no limitation on the time period of reaching the required lots. It means you can meet the required 2 lots within one week, one month, 6 months, etc.