FXOpen.co.uk is a forex broker. Hot Forex offers the MT4 and MT5 trading currency platforms. HotForex.com offers over 45 currency pairs, cryptocurrencies including bitcoin, indices, shares, bonds, gold, silver, energies, commodities and cfds for your personal investment and trading options.
Trading Platform: MT4, WebTrader
Min Trade Size: 0.01
Max Leverage: 500:1
Min Deposit: $300
Deposit Options: Bank Wire, VISA, MasterCard, Maestro, Neteller, Skrill, WebMoney
Withdrawal Options: Bank Wire, VISA, MasterCard, Maestro, Neteller, Skrill, WebMoney
Address: 80 Coleman Street London EC2R 5BJ, United Kingdom
This is what it says on FXOpen.co.uk website:
All accounts at FXOpen UK are ECN or STP accounts and use the ECN model. The ECN model gives traders access to the Interbank market where the counterparty to your trade is a liquidity provider such as a bank or fund, or another trader. There is no intervention from FXOpen, no dealing desk and no requotes. The FXOpen ECN is built using unique technology specifically developed for Forex margin trading. Participants using the ECN include banks, centralized exchanges, large companies offering their services in the OTC FOREX Market and private investors. FXOpen gives its clients access to institutional liquidity and instantaneous error-free order execution. ECN trading is suitable for all types of trading due to its fast execution and deep liquidity and is especially useful for scalping, high frequency and automated trading. The ECN Model uses Market Execution, which means that your order will be filled in the interbank market but the execution price may differ from the price you requested upon placing the order.