House Of Borse vs FXOpen

House Of Borse or FXOpen – which is better for UK traders 2024? Compare House Of Borse and FXOpen in this detailed breakdown of their platforms, features and fees.

House Of Borse vs FXOpen Comparison Table 2024
House Of Borse FXOpen
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3.7
House Of Borse is ranked #91 among CFD brokers. FXOpen is ranked #73 among CFD brokers.
Review
Review
House of Borse offers trading in over 200 financial instruments on MT4 and MT5. 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).
Pros
  • FXOpen introduced TradingView in 2022 and upgraded its TickTrader platform in 2024, offering Level 2 pricing, 1,200+ trading tools, and advanced order types, catering to both experienced and high-frequency traders.
  • FXOpen reduced FX spreads by 40%+ in 2022 and introduced commission-free index trading in 2023, making it cost-effective for traders.
  • FXOpen streamlined its account offerings in 2024, ensuring a user-friendly setup with ECN accounts providing raw spreads from 0.0 pips, fast execution speeds, and discounted commissions for high-volume traders.
Cons
  • While still a trusted broker with authorization from the FCA and CySEC, FXOpen lost its ASIC license in 2024 following ‘serious concerns’ and no longer onboards Australian traders.
  • FXOpen has a threadbare educational offering, lacking the courses and webinars you can find at brokers like IG, limiting its appeal to beginners seeking to build their knowledge.
  • Despite bolstering its asset range, FXOpen still offers fewer global stocks, commodities, and cryptocurrencies than category leader BlackBull, reducing access to diverse trading opportunities.
Awards
  • Best ECN Broker 2012 - Masterforex-V
  • Best Forex Broker in Australasia 2011 - World Finance Magazine
  • Best Islamic Forex Broker 2011 - IB Times Trading Awards
  • Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards
  • Best Trading Platform 2010 - Falcon Awards
FCA Regulated
Yes Yes
Instruments
Forex, CFDs, indices, commodities CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs
Demo Account
Yes Yes
Minimum Deposit
$5000 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA FCA, CySEC, FC
Mobile Apps
Yes iOS & Android
Trading App

The FXOpen Trading App is a user-friendly mobile app for trading 700+ global markets. With real-time data, level 2 pricing, live charts, and financial news, it’s been refined over the years to deliver one of the highest Android app store ratings we’ve seen – a testament to its top-notch user experience.
iOS App Rating
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5
Android App Rating
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Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
FXOpen’s PAMM Copy Trading service empowers investors to mirror the strategies of experienced traders, offering a transparent, performance-driven model that combines flexibility, automated profit-sharing, and account oversight.
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
No Yes
Tournaments
No Yes
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
  • SGD
  • RUB
Commodities
  • Gold
  • Silver
  • Gold
  • Silver
  • Oil
  • Natural Gas
CFD
Trade leveraged CFDs with competitive and dynamic spreads. FXOpen has a compelling CFD offering, complete with 700+ underlying assets, from shares and indices to currencies, commodities, cryptos, and an expanded range of ETFs. With access to top-tier tools, especially since adding TradingView in 2022 and improving its TickTrader platform, FXOpen provides a complete CFD trading experience.
Leverage
1:30 1:30 (EU, UK), 1:1000 (Global)
FTSE Spread
Floating 0.7
GBPUSD Spread<
From 0.4 0.4
Oil Spread
Floating 0.04
Stocks Spread
Floating 0.40 (Apple)
Forex
Trade an extensive list of online currency pairs with up to 1:30 leverage.
Assets
60+ 50+
GBPUSD Spread
From 0.4 0.4
EURUSD Spread
From 0.2 0.2
EURGBP Spread
From 0.4 0.5
Cryptocurrency
FXOpen offers over 40 crypto CFDs, including crypto-only pairs, as well as tokens paired with fiat currencies such as GBP, USD and JPY. You can trade crypto CFDs with 1:2 leverage and choose between three order types (market, limit, and stop) with scripts also available to auto trade crypto.
Spread
9.0 (BTC)
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • ETC
  • EOS
  • DSH
  • XRP
  • IOT
  • XMR
  • NEO
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
House Of Borse FXOpen
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