FXOpen vs. ForexTime
Comparison: FXOpen vs. ForexTime – Which broker is better? A quick comparison based on the trading platform, fees, deposit or withdrawal options, and regulation in 2026.
Winner of this comparison: ForexTime with an overall rating of 46%
Basic information
Basic information
- Deposit
- 100 EUR/USD
- 200 EUR/USD
- Spreads
- 1 EUR/USD
- 1.5 EUR/USD
- Established
- 2005
- 2011
- Currency Pairs (Total Forex pairs)
- 95
- 35
- Country
- UK, Australia
- Cyprus
- Regulation
- FCA (UK), ASIC (Australia)
- FCA (UK), Cysec
- Trading app
- MetaTrader 4 (MT4), Desktop Platform (Windows), MetaTrader 5 (MT5)
- MetaTrader 4 (MT4), MetaTrader 5 (MT5)
- Number of CFD asset classes
- 5
- 6
- Broker type
- MM
- ECN, STP
- Support
- Phone, Mail, Chat
- Phone, Mail, Chat
- Funding methods
- * Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire
- * Some of the payment methods may not be available in your country. Skrill, Visa/Mastercard, Bank Wire, WebMoney
- Real Stocks and ETFs
- Yes
- Yes
*The value is indicative from the broker's website. The spread amount is variable.
Comparison Result
If you don’t want to read the full comparison, the winner of our review is ForexTime, which takes the lead with a rating of 46%, while FXOpen only reaches 36%. FXOpen requires a minimum deposit of 100 EUR/USD, while ForexTime sets it at 200 EUR/USD. Thanks to the lower deposit, FXOpen is more welcoming to traders with smaller budgets. For FXOpen, the spread is 1 EUR/USD, while for ForexTime it is 1.5 EUR/USD. Tighter spreads make FXOpen a more advantageous choice. FXOpen offers 95 forex pairs, while ForexTime provides 35. A wider selection gives FXOpen the advantage. FXOpen was founded in 2005, while ForexTime has been operating since 2011. The longer tradition of FXOpen means greater experience. Unfortunately, neither of them offers this option. FXOpen is overseen by 2 regulatory bodies, while ForexTime has 2. In terms of regulation, both are equal. FXOpen supports 3 platforms, while ForexTime offers 2. A greater choice of platforms gives FXOpen the lead.
36%
FXOpen
46%
ForexTime
Key Strengths
FXOpen
- Micro accounts from just 1 USD allow starting with minimal capital
- Support for MetaTrader 4 and 5 - the standard among traders
- Free demo accounts for practicing strategies
ForexTime
- Strong educational materials: FXTM provides a wide range of educational materials that can help traders improve their skills and understanding of the markets.
- Flexible account types: The platform offers various account types, allowing traders to choose the right option according to their needs and preferences.
- Dedicated account representative: FXTM provides each client with a dedicated account representative who can assist with any questions or issues.
Comparison by Categories
Comprehensive Comparison: FXOpen vs ForexTime
Investments
62 % 75 %- Currency Pairs (Total Forex pairs)
- 95
- 35
- CFDs – Total Offered
- 110+
- 250+
- Options CFD
- No
- No
- Share CFDs
- Yes
- Yes
- Forex CFD
- Yes
- Yes
- Commodities CFD
- Yes
- Yes
- ETF CFD
- No
- Yes
- Indicies CFD
- Yes
- Yes
- Cryptocurrency traded as actual
- No
- No
- Cryptocurrency traded as CFD
- Yes
- Yes
- Winner
- No
- No
Cost
80 % 80 %- Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable.
- 1
- 1.5
- Deposit from
- 100
- 200
- Account fee
- No
- No
- Inactivity fee
- Yes
- Yes
- Active Trader or VIP Discounts
- No
- No
- Withdrawal fees
- No
- No
- Deposit fees
- No
- No
- Winner
- No
- No
Trading app
43 % 29 %- Desktop Platform (Windows)
- Yes
- No
- Web Platform
- No
- No
- Social Trading / Copy-Trading
- No
- No
- MetaTrader 4 (MT4)
- Yes
- Yes
- MetaTrader 5 (MT5)
- Yes
- Yes
- Currenex
- No
- No
- cTrader
- No
- No
- Winner
- No
- No
Trading Tools
100 % 90 %- Financial leverage
- Yes
- Yes
- Virtual Trading (Demo)
- Yes
- Yes
- Alerts – Basic Fields
- Yes
- Yes
- Charting – Indicators / Studies (Total)
- Yes
- Yes
- Charting – Drawing Tools (Total)
- Yes
- Yes
- Charting – Trade From Chart
- Yes
- Yes
- Stop-Loss
- Yes
- Yes
- Finacial Calendar
- Yes
- Yes
- Daily financial news
- Yes
- Yes
- Order Type – Trailing Stop
- Yes
- No
- Winner
- No
- No
Research
33 % 50 %- Daily Market Commentary
- Yes
- Yes
- Forex News (Top-Tier Sources)
- Yes
- Yes
- Weekly Webinars
- No
- Yes
- Social Sentiment – Currency Pairs
- No
- No
- Economic Calendar
- No
- No
- Research
- No
- No
- Winner
- No
- No
Education
33 % 67 %- Has Education – Forex
- Yes
- Yes
- Has Education – CFDs
- Yes
- Yes
- Client Webinars
- No
- Yes
- Videos – Advanced Trading Videos
- No
- No
- Investor Dictionary (Glossary)
- No
- No
- Education
- No
- Yes
- Winner
- No
- No
Forex
100 % 100 %- GBP/USD
- Yes
- Yes
- USD/JPY
- Yes
- Yes
- EUR/USD
- Yes
- Yes
- USD/CHF
- Yes
- Yes
- USD/CAD
- Yes
- Yes
- NZD/USD
- Yes
- Yes
- AUD/USD
- Yes
- Yes
- Winner
- No
- No
Commodities
0 % 55 %- Gold
- No
- Yes
- Silver
- No
- Yes
- WIT Oil
- No
- Yes
- Brent Oil
- No
- Yes
- Coffee
- No
- No
- Cocoa
- No
- No
- Soybeans
- No
- No
- Rice
- No
- No
- Corn
- No
- No
- Platinum
- No
- Yes
- Palladium
- No
- Yes
- Winner
- No
- No
Indicies
60 % 100 %- DAX 40
- Yes
- Yes
- S&P 500
- Yes
- Yes
- Nasdaq
- Yes
- Yes
- Dow Jones
- No
- Yes
- Nikkei
- No
- Yes
- Winner
- No
- No
Cryptocurrencies
20 % 30 %- Bitcoin
- Yes
- Yes
- Litecoin
- No
- Yes
- Ethereum
- Yes
- Yes
- Ripple
- No
- No
- Neo
- No
- No
- Stellar
- No
- No
- Cardano
- No
- No
- Tron
- No
- No
- Monero
- No
- No
- EOS
- No
- No
- Winner
- No
- No
Regulations
33 % 33 %- Cysec
- No
- Yes
- ASIC (Australia)
- Yes
- No
- FCA (UK)
- Yes
- Yes
- Authorised in the European Union (EU)
- No
- No
- CFTC Registered (USA)
- No
- No
- FINMA (Switzerland)
- No
- No
- Winner
- No
- No
Support
100 % 100 %- Chat
- Yes
- Yes
- Phone
- Yes
- Yes
- Yes
- Yes
- Winner
- No
- No
Overall
36 % 46 %- Winner
- No
- No
Our Recommendations
Best for ForexTime
Thanks to comprehensive educational materials and a user-friendly platform, ForexTime is an ideal choice for new traders.
Best Platform FXOpen
The trading platform of broker FXOpen offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Both brokers have comparable fee structures and spreads.