Is FXOpen a Scam? Regulation Check 2026
We checked FXOpen's licence in the official FSA register. Here is what the public records say.
Verdict
FXOpen is NOT a scam. It holds FSA licence SD025, authorising it to offer trading services in Pakistan.
How to verify on the official register
| Regulator | FSA FSA Seychelles Financial Services Authority (FSA) |
| Licence Number | SD025 |
| Regulated Entity | FXOpen Markets Ltd |
| Founded | 2005 |
What FSA regulation means
FSA-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FSA directly.
What FSA regulation means for your money
- Client funds held in segregated bank accounts, separate from FXOpen's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with FSA if FXOpen fails to resolve your issue
- FXOpen submits to regular independent financial audits under FSA oversight
Frequently Asked Questions
Is FXOpen a scam or legitimate?
FXOpen is NOT a scam. It holds FSA licence number SD025. FSA is one of the world's most respected financial regulators. The licence is publicly verifiable in the FSA official register.
How do I check FXOpen's FSA licence?
Go to the official FSA website and use the public register search. Search for licence number SD025 or the entity name. The record will confirm FXOpen's authorisation status and the scope of its permissions.
Are my funds safe with FXOpen?
As an FSA-regulated broker, FXOpen must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if FXOpen encounters financial difficulties.
What protection do I have as a FXOpen client in Pakistan?
In Pakistan, FXOpen operates under FSA supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with FSA.
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