Compare FXGiants vs FXOpen
What is FXGiants? What is FXOpen?
FXGiants is a trading name of Notesco Limited, a company registered in Bermuda that offers online trading services on various instruments, such as forex, metals, indices, commodities, futures, and shares. FXGiants claims to provide competitive trading conditions, low to zero commission rates, and access to interbank liquidity pool.
FXOpen is a trading name of FXOpen Markets Limited, a company registered in Nevis that offers online trading services on various instruments, such as forex, stocks, crypto CFDs, metals, indices, and commodities. FXOpen claims to provide true ECN trading environment, raw spreads, low commissions, and fast execution.
FXGiants vs FXOpen Regulation Comparison
FXGiants is regulated by the Financial Conduct Authority (FCA) in the UK with reference number 585561. It is also authorized by the Australian Securities and Investments Commission (ASIC) with AFSL number 417482. Additionally, it operates under the supervision of the Financial Sector Conduct Authority (FSCA) in South Africa with FSP number 45276.
FXOpen is regulated by the Financial Conduct Authority (FCA) in the UK with reference number 579202. It is also licensed by the Australian Securities and Investments Commission (ASIC) with AFSL number 412871. Moreover, it is registered with the Financial Services Commission (FSC) of the Republic of Mauritius with license number C111128600.
FXGiants vs FXOpen Trading Assets Comparison
FXGiants offers over 200 trading instruments across six asset classes: forex, metals, indices, commodities, futures, and shares. It has 50+ currency pairs, 25+ cryptocurrency CFDs, and various CFDs on global stocks, indices, spot metals, and commodities.
FXOpen offers over 100 trading instruments across six asset classes: forex, stocks, crypto CFDs, metals, indices, and commodities. It has 50 currency pairs, 25+ cryptocurrency CFDs, and various CFDs on global stocks, indices, spot metals, and commodities.
FXGiants vs FXOpen Trading Fees Comparison
FXGiants charges different fees depending on the account type and the instrument traded. For forex trading, it has three account types: Live Floating Spread, Live Fixed Spread, and Live Zero Fixed Spread. The Live Floating Spread account has variable spreads from 1.0 pips and no commission. The Live Fixed Spread account has fixed spreads from 1.2 pips and no commission. The Live Zero Fixed Spread account has fixed spreads from 0.0 pips and $9 per lot per side commission. For other instruments, such as metals, indices, commodities, futures, and shares, FXGiants charges variable or fixed spreads depending on the account type and the instrument traded. It also charges swap fees for holding positions overnight and inactivity fees for dormant accounts.
FXOpen charges different fees depending on the account type and the instrument traded. For forex trading, it has two account types: ECN and STP. The ECN account has raw spreads from 0 pips and commissions from $15 per lot round turn. The STP account has variable spreads from 0.7 pips and no commission. For other instruments, such as stocks, crypto CFDs, metals, indices, and commodities, FXOpen charges variable spreads depending on the account type and the instrument traded. It also charges swap fees for holding positions overnight and inactivity fees for dormant accounts.
FXGiants vs FXOpen Account Types Comparison
FXGiants offers six account types: Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, Premium, STP/ECN No Commission, and STP/ECN Zero Spread. The minimum deposit for each account type varies from $100 to $500. The leverage for each account type ranges from 1:2 to 1:500. The minimum transaction size for each account type is 0.01 lot. All account types allow hedging and expert advisors but only some allow scalping and news trading .
FXOpen offers four account types: ECN, STP, Crypto, and Micro. The minimum deposit for each account type varies from $1 to $100. The leverage for each account type ranges from 1:3 to 1:500. The minimum transaction size for each account type is 0.01 lot or microlot. All account types allow hedging and expert advisors but only some allow scalping and news trading.
FXGiants vs FXOpen Deposit Options Comparison
FXGiants supports various deposit and withdrawal options, such as bank wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, China UnionPay, and more. The processing time and fees for each option may vary depending on the currency and the payment method .
FXOpen supports various deposit and withdrawal options, such as bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, Perfect Money, QIWI Wallet, Yandex Money, and more. The processing time and fees for each option may vary depending on the currency and the payment method .
FXGiants vs FXOpen Trading Platforms Comparison
FXGiants offers three trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader. MT4 and MT5 are popular and powerful platforms that support multiple order types, charting tools, technical indicators, automated trading systems, and more. WebTrader is a web-based platform that allows trading from any browser without downloading any software. It has a user-friendly interface and a range of features .
FXOpen offers three trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TickTrader. MT4 and MT5 are popular and powerful platforms that support multiple order types, charting tools, technical indicators, automated trading systems, and more. TickTrader is a web-based platform that allows trading forex, stocks, crypto CFDs, and futures from any browser. It has a user-friendly interface and a range of features .
FXGiants vs FXOpen Analytical Tools Comparison
FXGiants and FXOpen both provides various analytical tools to help traders make informed decisions, such as economic calendar, market news, market analysis, trading signals, trading calculators, and more. It also offers educational resources, such as webinars, seminars, e-books, videos, and articles to help traders improve their skills and knowledge.
FXGiants vs FXOpen. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that depends on your personal preferences, trading goals, and risk appetite. There is no definitive answer to which forex broker is better, as different brokers may suit different traders.
However, you can compare FXGiants and FXOpen on various aspects, such as regulation, trading assets, trading fees, account types, deposit and withdrawal options, trading platforms, and analytical tools. You can do more research, read reviews, try a demo account or even open a live account with both brokers to see which broker meets your expectations and requirements.
