FXOpen Review 2026
Full FXOpen review for New Zealand traders — regulation, spreads, fees and our honest verdict.
Regulation in New Zealand
| Regulator | ASIC ASIC — Australian Securities and Investments Commission (ASIC) |
| Licence Number | 383842 |
| Regulated Entity | FXOpen AU Pty Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $1 |
| EUR/USD Spread | From 0.0 pips (ECN/Raw) |
| Instruments | 700+ |
| Platforms | MT4, MT5, TickTrader |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
Verdict
Regulated by ASIC (licence 383842). Minimum deposit $1. In New Zealand: maximum forex leverage 1:30.
About FXOpen
FXOpen was founded in 2005 and is headquartered in London, UK. The broker offers 700 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by FXOpen AU Pty Ltd under ASIC.
In New Zealand, FXOpen operates as FXOpen AU Pty Ltd, authorised by ASIC under licence number 383842. New Zealand traders are subject to a maximum leverage of 1:30 on forex pairs under ASIC rules.
Trading Platforms
Pros
- ASIC regulated — licence 383842
- 700+ instruments to trade
- Negative balance protection in New Zealand
- Platforms: MT4, MT5, TickTrader
Cons
- No inactivity fee
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Frequently Asked Questions
Is FXOpen regulated?
FXOpen holds ASIC licence 383842, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official ASIC public register.
What is the minimum deposit for FXOpen in New Zealand?
The minimum deposit is $1. This is the amount required to open a live trading account for traders in New Zealand under ASIC regulation.
What leverage does FXOpen offer in New Zealand?
In New Zealand, FXOpen offers maximum forex leverage of 1:30 under ASIC rules. Higher leverage may be available through offshore-regulated entities.
Is FXOpen safe to trade with?
FXOpen is regulated by ASIC, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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