I am running 4 different live account with 4 different brokers one of them being FXopen.
In comparison to other broker they have the worse spreads i ever encountered, all their spread are always double compared to other brokers no matter the pair no matter the day or time even pairs such as eur/usd.
Queried them on their livechat they gave some nonsense reply " The spread size depends of market conditions."
On further investigation i noticed that these brokers are all somehow connected AAAFX , FXCM, FXopen and i believe they are one of the same entity. Further investigation reveals a network of pammacounts connected to these brokers and the brokers are running the exact same parameters on their Trade servers, access points, manager terminal the only differences is the name of the brokers are different.
I conclude if you looking for a good broker with low spread avoid those i have mentioned above.
In comparison to other broker they have the worse spreads i ever encountered, all their spread are always double compared to other brokers no matter the pair no matter the day or time even pairs such as eur/usd.
Queried them on their livechat they gave some nonsense reply " The spread size depends of market conditions."
On further investigation i noticed that these brokers are all somehow connected AAAFX , FXCM, FXopen and i believe they are one of the same entity. Further investigation reveals a network of pammacounts connected to these brokers and the brokers are running the exact same parameters on their Trade servers, access points, manager terminal the only differences is the name of the brokers are different.
I conclude if you looking for a good broker with low spread avoid those i have mentioned above.