FXOpen Account Opening Guide

Registering a trading account with FXOpen can be done in 2 ways, each for traders who are opening an account for the first time and traders who have previously registered a demo account with FXOpen.

A. How to Register an FXOpen Trading Account I

This guide applies to those of you who are opening an account for the first time at FXOpen:

• Open the FXOpen homepage.
  
  
• Click on the "Register" section.
  
  
• Complete the e-wallet registration form below with your email address, phone number, and anti-spam code as instructed.
  
  
• Click "Next".
  
  
• FXOpen will provide a temporary password for your account. You can change this password to your liking. Simply enter the new password in the "Password" and "Confirm Password" fields, then press the "Submit" button.
  
  
• Your FXOpen account has been successfully registered. As confirmation, you will receive login details to the Member Area.
  
  
• At this stage, you have only completed the account creation process at FXOpen, but have not opened any trading accounts. To create an account, please log in to the Member Area. You can do this by clicking the "Login" button from the page in the previous stage.
  
  
• Once you enter the Member Area page, there will be an email confirmation prompt. Please follow it by clicking the "Confirm my e-mail" button. This process is necessary if you want to get full access to FXOpen's services in the Member Area.
  
  
• Check the inbox of your email. Open the email with the subject "FXOpen email verification", then click the confirmation link inside.
  
  
• If it has been confirmed, there will be a description on the page you opened from the above confirmation link.
  
  
• The next step, you can click on the "Add Acount" menu in the Member Area, then select one of the desired trading account types.
  
  
• Suppose you choose a Micro account, then on the next page, there will be a statement of agreement. Each form mentioned can be opened to be studied. This section is very important because it relates to the client agreement. So understand the terms and conditions of the agreement provided carefully.
  
  
• After finishing studying the provided agreement documents, check the "I agree" box, then click "Next"
  
  
• You will be faced with an account opening form. Please fill in each column above with:

  Account currency	:	Account currency type.
  Leverage	:	Trading leverage level. Leverage options from 1:1 to 1:500 are available at FXOpen.
  Phone password	:	Phone password for confirmation purposes.
  Repeat phone password	:	Repeat the password you entered in the previous column.
  Agent	:	Optional column, not required to be filled if you are not registering under an IB referral.
  Promotion	:	Optional column, containing a promotional code that you are not required to complete if you do not plan to open a promotional account.

   

• Click “Next”.
  
  
• The process of opening your trading account is complete. FXOpen will provide the following login details that can be used for trading.
  
  
• Next, you just need to download the FXOpen trading platform at the “Download MetaTrader 4” link provided above. Don’t forget to deposit funds before trading, because without a deposit you will not have real capital to open trading positions.

B. How to Register an FXOpen Trading Account II

This second version is a guide for those of you who have previously registered an FXOpen account, but have only traded in demo accounts. So to open a new real account, here are the steps:

• Login to the Member Area. From the FXOpen homepage, click the "Sign In" mark.
• Select the "Add Account" menu, then determine one of the trading account types. There are various ECN, STP, Crypto, and Micro accounts at FXOpen. Specifications and advantages of each account can be seen on this page.
• Read the agreement documents offered by FXOpen. After that, check the agreement box and click "Next".
• Complete the account registration form with the requested data.
• You have successfully opened a new real trading account at FXOpen. Carefully note the login information provided by FXOpen, as this information will only appear once.

As a note, this procedure can be used to open a second, third, etc. trading account at FXOpen.

C. FXOpen Account Verification

After opening a real trading account, it is important for you not to forget the account verification stage. Why is this so? At FXOpen, only verified accounts can make withdrawals. So if you have deposited, traded, and then want to withdraw funds from the account, you must first complete the verification process.

So how do you verify your account at FXOpen? Here's a guide you can follow:

• Login to the Member Area.
• If your account is not verified, there will be a warning at the top. Just click the link referred to in "here" to open the verification page.
• Next, you must choose one of the FXOpen account types. If you trade individually, select "Personal Account".
• After that, you will enter the verification page. In the first part, there is a line "Verify your Personal Account" which displays columns for you to fill in with your identity data. For ease of verification, it is best to complete the form with data that matches your identity card (ID/Driver's License). In the second part, there is a line "Documents" where you upload a scan of proof of identity. There are 2 types of documents requested, namely Proof of Address (Bank statement or proof of electricity/water/gas bill) and ID (scan of ID/Driver's License). Once you have uploaded the necessary data, select the "Submit" button

The maximum time required to wait for your account status to be verified is 48 hours. However, FXOpen warns that this duration is calculated only on working days, and may take longer if many clients submit verification requests at once. The estimated approval of verification in such conditions is between 3-5 business days.