FXOpen Announces Commission-Free Trading On Index CFDs

Contributor Image
Written By
Contributor Image
Written By
William Berg
Securities Law Expert
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
Contributor Image
Edited By
Contributor Image
Edited By
James Barra
Head of Content
James is Head of Content and a brokerage expert with a background in financial services. A former management consultant, he's worked on major operational transformation programmes at top European banks. A trusted industry name, James's work at DayTrading.com has been cited in publications like Business Insider.
Contributor Image
Fact Checked By
Contributor Image
Fact Checked By
Tobias Robinson
CEO and Head of Broker Testing Panel
Tobias is the CEO of DayTrading.com, an active investor, and a brokerage expert. He has over 30 years of experience in financial services, including supervising the reviews of more than 500 trading brokers, and contributing via CySEC to the regulatory response to digital options and CFD trading in Europe. Tobias' expertise make him a trusted voice in the industry, where he's been quoted in various financial organizations and outlets, including the Nasdaq.
Updated

Multi-regulated broker, FXOpen, has introduced commission-free trading on its suite of index CFDs. This follows a recent partnership with TradingView, which will provide traders with access to the well-known charting and networking platform. Read on for the details.

No-Commission Index Trading

Commission-free trading is available on positions placed on index CFDs through FXOpen’s ECN account. This brings the broker in line with other major players in the online trading industry, including Plus500.

FXOpen offers a selection of popular indices, spanning America, Europe, Asia and Australia. The minimum trade size on index CFDs is 0.01 lots and leverage up to 1:20 is available, though traders outside of the EU can access higher rates. Spreads of sub 1 pip are also offered depending on market conditions.

Available index CFDs include:

  • FTSE 100
  • US Tech 100 (Mini)
  • Wall Street 30 (Mini)
  • Europe 50
  • France 40
  • Australia 200
  • Hong Kong 50
  • Japan 225
  • US SPX 500 (Mini)
  • Germany 40 (Mini)

Chief Operating Officer of FXOpen UK, Gary Thompson, commented on the move: “FXOpen’s ongoing commitment to ensure trading is as affordable as possible, continues into the new year of 2023. We understand how important commission free trading is for our clients, so we are delighted to announce that all clients can now trade commission free on index CFDs, regardless of volume. This, coupled with our ongoing enhancements to the ECN liquidity, allows FXOpen to continue to offer our clients the best possible trading experience.”

About FXOpen

FXOpen is a popular trading firm that started as an education platform in 2005. The brand is now an established brokerage with more than one million clients worldwide.

The company is regulated through its various entities, holding licenses with the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities & Investments Commission (ASIC).

Account holders can choose between four platforms: TickTrader, TradingView, MetaTrader 4 and MetaTrader 5. The result is a range of trading tools that serve both beginners and experienced traders.

New traders can get started with bank cards, wire transfers, or popular e-wallets like Skrill and Trustly. Most deposits are processed instantly and the minimum deposit requirement is $1, depending on your location.

Sign up with FXOpen today to trade global index CFDs commission-free.

Your capital is at risk. Trade only with funds you can afford to lose.
We may earn a commission if you sign up through our links. Learn how we make money and the numbers behind trading.
Established in 2005, FXOpen is a multi-regulated broker that has attracted over 1 million traders. Designed for active trading, it provides access to a growing selection of more than 700 markets and supports high-frequency trading, scalping, and all forms of algorithmic trading using expert advisors (EAs).