My review of FXOpen
My evaluation of this company after about two years of trading with them, and I will speak with all impartiality about the most important advantages of this company and the most important shortcomings
Prices can be from respectful and honest companies that can be traded with a low spreads. For example, you find that the spread for the pair of the US dollar against the Japanese yen is 14 points. That, and sometimes it is lower, the market is an active stock and you find the spread for the US dollar against the Canadian dollar is 16 points. Only and also the euro against the US dollar, the spread is only 13 points. As for gold against the US dollar, the spread is 20 points, and sometimes more than that.
I had the experience of trading on risky days, especially on Christmas holidays in December and January, and it is known that many traders do not prefer trading at this time of the year due to the high risk and market fluctuations in these two months.
Over the past two years, I have been trading at this time, especially after December 25, and no fluctuations occurred in the market and I won from this trading. All there is, the market movement was only slow, but no fluctuations occurred and I won from trading and this is what I remember well because I was very worried that I trade at this time
Among the features of the company
We have said the low spread, and the most important thing is not to be afraid of trading on holidays and fluctuations. One of the additional advantages of the company is that it carries out periodic contests between traders and various contests to obtain an additional bonus for trading with it and always encourages traders to trade and does not skimp on them with information as there are forums for the company with all Languages have a multitude of information and members ’experiences in trading. It is also noticeable that the company’s activity in previous years has made remarkable progress and has worked to correct past mistakes and has improved a lot. Now the company also gives a free registration bonus as an encouragement to new traders and always comes with offers and discounts for traders to encourage them to continue trading
Among the most serious defects of the company that I notice is technical support, there is technical support and is quick to respond, but I do not find that it has all the powers to solve the problems of members and traders, so it often does not solve problems or takes more time to solve them
Also, I heard that the company is not good at trading on large amounts, and this frankly, I did not try it because I usually trade on small amounts, which are less than $ 250, and I did not find any problems with the company in trading from withdrawal, deposit and trading, so the evaluation in this regard is very good
One of the biggest defects of the company is the Arab section, so it is known that Arabs are those who love to gamble and trade through forex, and that company is not good at winning the Arab customer to it, and this is for several reasons, the most important of which is Arab technical support, which is one of the biggest flaws of the company, as there is almost no technical support for the Arab department, so the presence of Arab technical support Almost every week for an hour only and it does not solve any problems, and this is what I already tried, so I had a problem and an inquiry, and I waited a week for a response and when the response arrived a week later, I made another inquiry at the same time and I did not receive an answer to it
Among the disadvantages of the Arab section is the bonus, as the administration does not pay any attention to the bonus for the Arab section, and there is always tampering and changing conditions for not sending the bonus for members, and this also has a great impact on the company’s inability to attract the Arab customer
I see the solution to this problem, which is the presence of strong Arab support all the time and the company’s credibility in sending the members’ bonus for the Arab section without manipulation so that the members can make the required advertising for the company with credibility. If the company is not honest with its members in the Arab section, and the bonus is sent to them on time and without any change of conditions and complications Things are so that the members do not get the bonus, and this is in addition to the reduction of the bonus that happened .. How can a company win the Arab client if it cannot maintain the Arab members?
My review of FXOpen