Honestly, I'd wish FXstat teamed up with a broker that hasn't been sued or lost their broker license several times.     I've used FXOPEN in 2010 and it really depends on the trader.  I received enough Requotes to make me find another broker quite quickly.  I only used them for a few months and it wasn't impressive.  

In contrast, I've heard differently about their ECN accounts, so if you really want to pay $5k for ECN spreads that you can get from Dukascopy for $1k deposit , so be it.

fxopen has increased its demo contest prize money to $1000.

I have never participated in their contests but read details. They have strict rules which include No EAs, No more than 3 open trades at a time (including orders), lot size = 0.1 to 1.

Originally posted by uniquetrader

fxopen has increased its demo contest prize money to $1000.

I have never participated in their contests but read details. They have strict rules which include No EAs, No more than 3 open trades at a time (including orders), lot size = 0.1 to 1.

It seems like they want to restrict prize money to real manual traders. If someone is capable then he can trade effectively within those defined ranges. I dont think that these rules are strict. It makes competition fair.

FXOpen is old broker, its established 2005... CMIIW

I also like this broker, and it also arrange demo contest for manual trader.

too bad this broker doesn't support LibertyReserve anymore........ but most of all, I still like FXOpen and still trade here.

i once tradeed with thus broker during one of their contest. i most say they are good.

and now FXOpen arrange many contest (Trading Demo contest, Guess closing price & Pay to Post in FXOpen forum, $0.03 - $0.1)

I really love FXOpen promo.

l have a strange story with fxopen.last 4 years when ever l try to open an account with them l always had a problem.l dont know some reason l cant register with them.my documents are accepted by other brokers but not with them.but l m sure they are one of the big and trsuted broker.so l am not going to vote them since l never trade with them.

Fxopen is one of the best broker and many of the forex trader are now choosing this broker because they are huge and they also have some good promotions which attract the traders.