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%

FXOpen vs. ForexTime

Basic information

Basic information
FXOpen ForexTime
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.

75% of retail investor accounts lose money when trading CFDs with this provider.

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

  1. Investments 62 75
  2. Cost 80 80
  3. Trading app 43 29
  4. Trading Tools 100 90
  5. Research 33 50
  6. Education 33 67
  7. Forex 100 100
  8. Commodities 0 55
  9. Indicies 60 100
  10. Cryptocurrencies 20 30
  11. Regulations 33 33
  12. Support 100 100
  13. Overall 36 46

Comprehensive Comparison: FXOpen vs ForexTime

FXOpen
ForexTime

Investments

62 % 75 %
Investments
Investments FXOpenForexTime
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

Cost

80 % 80 %
Cost
Cost FXOpenForexTime
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

Trading app

43 % 29 %
Trading app
Trading app FXOpenForexTime
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

Trading Tools

100 % 90 %
Trading Tools
Trading Tools FXOpenForexTime
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

Research

33 % 50 %
Research
Research FXOpenForexTime
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

Education

33 % 67 %
Education
Education FXOpenForexTime
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

Forex

100 % 100 %
Forex
Forex FXOpenForexTime
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

Commodities

0 % 55 %
Commodities
Commodities FXOpenForexTime
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

Indicies

60 % 100 %
Indicies
Indicies FXOpenForexTime
DAX 40 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones No Yes
Nikkei No Yes

Cryptocurrencies

20 % 30 %
Cryptocurrencies
Cryptocurrencies FXOpenForexTime
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

Regulations

33 % 33 %
Regulations
Regulations FXOpenForexTime
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

Support

100 % 100 %
Support
Support FXOpenForexTime
Chat Yes Yes
Phone Yes Yes
Mail Yes Yes

Overall

36 % 46 %
Overall
Overall FXOpenForexTime

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.

FXOpen ForexTime