Corporate Profile
OpenFX Is A Belarus-based Foreign Exchange And Commodities Trading Service Provider That Successfully Completed Its First Foreign Exchange Transaction In 2004 . 2017 , The Company Launched A Multi-stage Trader Development Program And Began Providing Investment Solutions In The Belarusian And Russian Markets. OpenFX Currently Holds A Retail Foreign Exchange License (license Number: 192612632) Issued By The National Bank Of Belarus (NBRB), Which Is One Of Its Core Qualifications.
Regulatory Information OpenFX Is Strictly Regulated By The National Bank Of Belarus (NBRB), Ensuring That Its Operations Meet The High Standards And Transparency Of International Financial Marekt. As A Regulated Forex Broker, OpenFX Provides Investors With A Safe, Compliance Trading Environment. Its Regulatory License Number Is 192612632 , Clearly Indicating Its Legitimacy And Professionalism.
Trading Products OpenFX Offers Investors A Limited Variety Of Investment Assets, Mainly Including The Following Categories:
- Currency Pairs : Covers Major Currency Pairs (such As EUR/USD, GBP/USD, Etc.) As Well As Minor Currency Pairs.
- Commodities : Includes Precious Metals Such As Gold And Silver.
- Oil Markets : Offers WTI And Brent Crude Oil Futures Trading.
- Stock Indices : Covers The World's Major Stock Indices (e.g. S & P 500, Dow Jones, NASDAQ, Etc.).
Although The Product Range Is Limited, OpenFX Focuses On Providing High-quality Trading Services To Ensure That Investors Can Trade Efficiently And Accurately On Its Platform.
Trading Software OpenFX Does Not Specify The Trading Platform It Uses, But Its Core Competitiveness Lies In Its Own Trading System And Risk Management Tools. The System Supports Multiple Trading Types, Including Spot Trading And Derivatives Trading, While Providing Real-time Market Data And Analytical Tools To Help Investors Make Informed Decisions.
Deposit And Withdrawal Methods OpenFX Offers Investors A Variety Of Deposit And Withdrawal Methods, Including:
- Bank Transfer : Minimum Deposit Is $100 , Minimum Withdrawal Is $50 , And Withdrawal Fee Is $5 .
- Bank Card : The Minimum Deposit Is $10 And The Maximum Deposit Fee Is 2.5% .
These Methods Ensure The Flexibility And Efficiency Of Investor Funds, While Supporting Multi-currency Operations To Meet The Needs Of Different Investors.
Customer Support OpenFX Provides Comprehensive Customer Support Services In Multiple Languages Including English, Arabic, Farsi, Turkish, Spanish, Portuguese, French, German, Russian, Thai, Malay And Indonesian. Investors Can Contact The Support Team At:
- Phone : + 375 17 336 55 44
- Email : Support@OpenFX
In Addition, OpenFX Offers Educational Resources Including Courses, Online Trading Guides And Videos To Help Investors Improve Their Trading Skills.
Core Business And Services OpenFX's Core Business Includes Foreign Exchange, Commodities And Stock Index Trading, Serving Retail Investors And Professional Traders. The Differentiating Advantages Are:
- Offers Three Different Types Of Accounts: Professional Account (minimum Deposit 500 USD/EUR/30000 Rubles , Maximum Leverage 1:100 ), Advanced Account (minimum Deposit 1000 USD/EUR/65000 Rubles , Maximum Leverage 1:200 ) And Investment Account (minimum Deposit 10,000 USD/EUR/650000 Rubles , Maximum Leverage 1:200 ).
- Spreads Start From 0.0 Pips , Commissions Start From 0.01% For Professional Accounts, 0.01% For Bilateral Accounts For Premium Accounts, And 0.13% For Bilateral Accounts For Investment Accounts.
These Account Types And Fee Standards Ensure That The Needs Of Different Investors Are Met.
Technical Infrastructure OpenFX's Technical Infrastructure Is Centered On Highly Reliable Servers And A Low-latency Trading System, Ensuring A Smooth User Experience For Investors During The Trading Process. Its Trading System Supports Real-time Market Data, Order Execution And Risk Control, Providing Investors With Strong Technical Support.
Compliance And Risk Control System OpenFX Strictly Complies With The Regulatory Requirements Of The State Bank Of Belarus And Has Established A Complete Compliance And Risk Control System. Its Core Risk Control Measures Include:
- Leverage Limit : Set The Maximum Leverage According To Different Account Types (up To 1:200 ).
- Funds Segregation : Client Funds Are Strictly Separated From The Company's Equity Funds To Ensure The Safety Of Investor Funds.
- Risk Warning : Provides Real-time Risk Warning And Order Stop Loss Function To Help Investors Control Trading Risks.
Market Positioning And Competitive Advantage In Terms Of Market Positioning, OpenFX Focuses On Providing Localized Services For Investors In The Belarusian And Russian Markets. Its Competitive Advantages Include:
- Regulated By The National Bank Of Belarus, Ensuring The Legitimacy And Transparency Of Operations.
- Offers A Variety Of Account Types To Meet The Needs Of Different Investors.
- Supports Multilingual Customer Support And Enhances The Universality Of Services.
However, Its Disadvantages Also Limit Market Expansion To A Certain Extent, For Example:
- Platform Limitations : Mainstream Trading Platforms Such As MT4/MT5 Are Not Supported.
- High Commission Fees : Some Account Types Have Higher Commissions.
- Limited Variety Of Trading Tools : Mainly Concentrated In Currency Pairs, Commodities And Stock Indices, Lack Of Other Derivatives.
Customer Support And Empowerment OpenFX Empowers New Investors By Providing Educational Resources And Demo Accounts. Demo Accounts Allow Investors To Practice Trading Strategies In A Risk-free Environment And Improve Practical Skills. This "apply What You Learn" Model Gives OpenFX A Significant Advantage In Investor Education.
Social Responsibility And ESG Although OpenFX Does Not Explicitly Mention Its Social Responsibility And ESG (environmental, Social, Governance) Practices, As A Regulated Financial Institution Group, Its Compliance Operations Are Themselves A Manifestation Of Corporate Governance And Social Responsibility. In The Future, OpenFX Can Further Enhance Its Social Responsibility Image By Participating In Community Good And Promoting Green Finance.
Strategic Cooperation Ecology OpenFX Does Not Explicitly Mention Its Strategic Cooperation Ecology, But Considering Its Layout In The Belarusian And Russian Markets, It May Have Established Partnerships With Local Financial Institution Groups, Fintech Companies And Educational Institutions. In The Future, OpenFX Can Further Expand Its Market Influence By Strengthening Its Collaboration With The Global Financial Institution Group.
Financial Health As A Regulated Foreign Exchange Broker, OpenFX's Financial Health Is Strictly Monitored. Its Capital Adequacy Ratio And Liquidity Management Capabilities Are Guaranteed Under The Regulatory Framework Of The National Bank Of Belarus. Through Reasonable Leverage Management And Risk Control, OpenFX Has Ensured Its Financial Soundness.
Future Roadmap The Future Development Roadmap Of OpenFX May Include The Following Aspects:
- Expand The Variety Of Trading Tools And Add Emerging Assets Such As Cryptocurrencies.
- Strengthen Technical Infrastructure To Enhance The Stability And Speed Of Trading Systems.
- Launch More Education And Empower Programs To Attract More New Investors.
- Expand International Markets And Expand Global Influence.
In Conclusion, OpenFX, As A Regulated Forex Broker, Occupies An Important Position In The Belarusian And Russian Markets With Its Professional Services And Compliant Operations. Despite Facing Some Challenges, Such As Platform Limitations And Limited Variety Of Trading Tools, OpenFX Is Expected To Achieve Greater Success In The Global Market Through Continuous Optimization Of Services And Technological Innovation.
