Who Owns fxopen.com?

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fxopen.com Logo

Based on the information available and standard domain registration data, fxopen.com is owned and operated by FXOpen Markets Limited. This entity is part of the broader FXOpen group of companies, which has been active in the online brokerage industry for a considerable period. The ownership structure aligns with what one would expect from an established financial services provider, not a transient scam operation.

Identifying the Owner Entity

The primary identification comes directly from the website’s claims and public records.

  • Company Name: The homepage explicitly states, “FXOpen Markets Limited is a company duly registered in Nevis.” This identifies the specific legal entity responsible for the operations of fxopen.com.
  • Domain Registration (WHOIS): The WHOIS record for fxopen.com shows that the domain is registered to “FXOPEN.COM” and managed through Moniker Online Services LLC as the registrar. While the registrant’s name often reflects the company, the direct assertion on their homepage reinforces the entity.
  • Longevity: The fact that FXOpen has been “TRADER CENTRICITY SINCE 2005” and boasts “18+ Years on the market” implies a consistent ownership and management team behind the brand, rather than a constantly changing or anonymous entity.

Corporate Structure and Global Presence

While the homepage focuses on FXOpen Markets Limited, established brokers often operate under various entities to cater to different regulatory jurisdictions and client segments globally.

  • Global Group: The statement “Based on reviews for all FXOpen companies” under the Trustpilot section suggests that FXOpen operates as a group of entities, likely with different licenses and regulatory compliance depending on the region. This is a common practice for international brokers aiming for wider market penetration.
  • Jurisdictional Strategy: Being “duly registered in Nevis” (a less stringent regulatory jurisdiction) might be one part of a multi-jurisdictional strategy, where other entities within the FXOpen group might hold licenses in more regulated environments (e.g., Cyprus, UK, Australia) for specific client segments. However, the homepage explicitly highlights the Nevis entity.
  • No Obscured Ownership: There are no immediate signs of hidden ownership, shell companies, or anonymous registrants, which are often red flags for scam operations. The transparency regarding the Nevis registration, while a choice of jurisdiction, indicates an upfront declaration of their legal standing.

Implications of Ownership for Users

Understanding who owns the platform is crucial for assessing accountability and stability.

  • Accountability: FXOpen Markets Limited is the entity accountable for the services provided through fxopen.com. Any legal claims or inquiries would be directed to this company.
  • Stability: A single, consistent ownership over nearly two decades suggests business stability and a long-term commitment to the brokerage industry. This contrasts sharply with fraudulent schemes that frequently change names or disappear.
  • Regulatory Framework: The ownership being tied to an entity registered in Nevis means that the user’s recourse and protection would fall under the laws and regulations of Nevis, which might differ significantly from those in highly regulated financial hubs.
  • Business Model Continuity: The ownership structure appears to support the continuity of the current business model centered on Forex and CFD trading. There’s no indication that the ownership is shifting towards, or planning to incorporate, fundamentally different or ethically compliant financial services.

In conclusion, fxopen.com is owned by FXOpen Markets Limited, a company registered in Nevis and part of a larger FXOpen group.

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This ownership appears stable and transparent for a conventional brokerage. fxopen.com Alternatives

However, this ownership structure does not change the ethical assessment of its core business, which remains problematic from an Islamic finance perspective.

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