FxOpen is a well-established forex broker founded in 2005, headquartered in Australia, and serving clients in over 100 countries, including Jordan. With an overall score of 3.7, it offers a robust trading environment for retail forex traders in Jordan. The broker provides a wide range of instruments, including forex pairs, commodities, indices, and cryptocurrencies, all accessible via popular platforms like MT4, MT5, cTrader, and TradingView. For Jordan traders, FxOpen’s appeal lies in its low minimum deposit ($0), high leverage up to 500:1, and availability of Islamic accounts, which cater to the local Muslim population. The broker supports local payment methods such as Bank Transfer, Skrill, and USDT, making deposits and withdrawals convenient. While it lacks a physical presence in Jordan, its strong regulatory framework (ASIC, FCA, FSA) and 20-year history provide a sense of security. However, the absence of copy trading and limited local customer support may be drawbacks for some. Overall, FxOpen is a solid choice for Jordan traders seeking a transparent, low-cost broker with multiple platform options.
| Detail | Information |
|---|---|
| Founded | 2005 |
| Headquarters | Australia |
| Regulated by | ASIC,FCA,FSA |
| Min Deposit | $100 |
| Max Leverage | 500 |
| Platforms | MT4, MT5, cTrader, TradingView |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
FxOpen offers a genuine Islamic (swap-free) account for Jordan Muslim traders who wish to trade in accordance with Sharia law. This account eliminates all overnight swap (interest) charges on positions held open past the daily rollover time. The Islamic account is available on both Standard and ECN account types, and there are no hidden fees or additional costs for swap-free status. However, it is important to note that some brokers charge a one-time administrative fee for opening an Islamic account, but FxOpen does not. To apply, Jordan traders need to open a live account and request the swap-free option through customer support or during registration. The account is available for all instruments, including forex, commodities, and indices. This makes FxOpen a strong choice for Muslim traders in Jordan who want a fair and transparent Islamic trading environment.
| Feature | Details |
|---|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| FxOpen (current) | $100 | Check broker | Yes | Yes | 3.7 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
FxOpen is a reliable and cost-effective broker for Jordan traders, especially those who value low spreads, multiple platforms, and Islamic accounts. Its strong regulatory oversight from ASIC and FCA provides a solid safety net, despite the lack of local regulation. The broker is best suited for active traders, scalpers, and Muslim traders who need swap-free accounts. However, beginners may find the educational resources limited, and the absence of copy trading is a drawback for those seeking passive income. For Jordan traders looking for a transparent, low-cost broker with a long track record, FxOpen is a recommended choice. We suggest starting with a demo account to test the platforms and spreads before committing real funds. Overall, FxOpen earns a solid 3.7/5 for Jordan traders.