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Knowledge base: English
What has been introduced over 2017
Posted by Olga Palikarpava on 27 December 2017 12:10 PM

Русский

Dear Clients!

In 2017, FXOpen introduced several new features and services that will make your trading even more enjoyable and efficient. In this topic, you will find an overview of what we’ve added.

  1. Improved Partnership program
  2. Added deposits via Tether
  3. New deposit options: WeChat and Alipay
  4. Launched Cashback program
  5. Launched withdrawals to China UnionPay cards
  6. Changed trading commission and SWAP on Crypto accounts
  7. Launched PAMM Crypto accounts

1. Improved Partnership program

FXOpen introduced some important changes to the Partnership program:

  1. Minimum benchmark on the number of referred clients. Partnership remuneration is only credited if an agent received a commission from at least 3 referrals in the last 90 days.
  2. Minimum commission limit. Partnership commission under 10 USD will be displayed in the Partner's section as "Commission on hold" and will be added to the partner's balance after reaching the 10 USD limit.

The amount of partnership remuneration depends on the type of agent and on the total margin used by referrals in the last 90 days.

Special conditions apply to traders who receive rebates.

Learn more about FXOpen Partnership Program.

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2. Added deposits via Tether

You can now make deposits via Tether – a digital currency equivalent of USD₮ and EUR₮. USD₮ and EUR₮ are the digital equivalents of US Dollar and Euro that are generated using the Blockchain technology. You can withdraw USD₮ and EUR₮ as regular USD and EUR using any available payment system. Conversion rate is 1:1.

Learn more about how to make a deposit via Tether.

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3. New deposit options: WeChat and Alipay

You can now make deposits in CNY via WeChat (the most popular messenger in Asia) and Alipay (one of the largest digital payment services in China).

To use these payment systems, log in to My FXOpen area and select China UnionPay in the Add Funds menu. After clicking Next, Alipay and WeChat options become available.

Commissions for depositing funds are as follows:

  • Alipay: 3.3%
  • WeChat Pay: 3.3%
  • Bank cards: 3%

Deposit limits are as follows:

  • WeChat, Alipay: up to 50 000 CNY per transaction
  • Bank card: up to 200 000 CNY per one-off deposit

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4. Launched Cashback program

The 90-day FXOpen Cashback Program lets traders receive an additional refund for any kind of trades including loss-making. Cashback is automatically added to your Commission account with no further actions.

The cashback amount is determined in accordance with the total margin used on all client's trading accounts. The program is available for all types of FXOpen trading accounts: ECN, STP, Crypto, Micro, PAMM ECN, PAMM STP.

New clients can benefit from the Cashback Program during the first 90 days from the moment of registration in FXOpen. Existing clients can join the program by sending a request to . The program is valid throughout the 90 days.

Learn more about FXOpen Cashback Program.

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5. Launched withdrawals to China UnionPay cards

Withdrawals in CNY are now available to China UnionPay cards.

Learn more about the current transaction fees.

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6. Changed trading commission and SWAP on Crypto accounts

The half-turn commission for Crypto accounts is now 0.5% of the transaction volume.

SWAP for Crypto pairs was increases from 10% to 18% per annum. This decision is caused by the increased volatility on the cryptocurrency market.

For more information, see our Trading Terms for Crypto accounts.

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7. Launched PAMM Crypto accounts

FXOpen launched PAMM Crypto accounts. You can open a PAMM Crypto account as a Master or make an investment into it as a Follower. This type of Crypto accounts is based on FXOpen PAMM technology and it lets you trade the top cryptocurrencies (Bitcoin, Ethereum, Litecoin and DASH) against the US Dollar, Euro or Russian Ruble in the form of CFDs.

Important! The currency of your Investment account must match the currency of the PAMM account you intend to join.

Learn more about the trading conditions on PAMM Crypto accounts.

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