Broker News

FXOpen Enhances Trading Experience with Mobile Integration

FXOpen has expanded its integration with TradingView, which is now available on mobile apps. This update allows traders to use FXOpen through TradingView on mobile devices, offering greater flexibility.

FXOpen Now Accessible via TradingView Mobile

This integration combines cutting-edge technology with exceptional customer service. FXOpen provides instant trade execution through multiple liquidity providers, ensuring real-time pricing. The update enables traders to find brokers that meet their requirements on the TradingView mobile app.

Traders can now access all FXOpen features on their phones. Open the TradingView mobile app, connect to FXOpen using your broker account credentials, and start trading.

In December 2022, FXOpen partnered with TradingView, a charting and social network platform. This collaboration added TradingView as a fourth trading platform option to FXOpen’s existing offerings: MetaTrader 4, MetaTrader 5, and TickTrader.

FXOpen informed Finance Magnates that this integration allows UK clients to use advanced charting tools, execute trades directly from TradingView charts, and interact with a large trading community.

Gary Thomson, COO of FXOpen UK, noted that the partnership increases customer accessibility to TradingView’s platform, which boasts over 30 million monthly users engaged in charting, chatting, and trading.

Rauan Khassan, VP of International Growth at TradingView, highlighted the collaboration as a major step in establishing TradingView as a comprehensive live trading platform.

Operational Improvements Narrow Losses

FXOpen’s UK parent company, a forex and CFDs broker, released its fiscal year 2022 financial report. The report showed a turnover of £645,643 and a net loss of £338,651. Turnover rose by 5.5%, although gross profit slightly fell to £436,452 due to higher sales costs.

FXOpen reduced administrative expenses, resulting in an operating loss of £341,426, an improvement from the previous year. With foreign exchange gains, the total comprehensive loss was £297,934, down from £456,913 last year.

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