FxOpen
UOB Kay Hian
VS
Higher Rated
FxOpen
Capital at risk · T&Cs apply
Choosing between FxOpen and UOB Kay Hian depends on your trading style, preferred markets, and budget. FxOpen is headquartered in London, UK, while UOB Kay Hian operates from Singapore. UOB Kay Hian has the longer track record, established in 1973, compared to FxOpen which was founded in 2005. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
FxOpen
UOB Kay Hian
FxOpen is the better choice overall, scoring 3.7/5 vs 3.3/5 on BrokerRank's independent rating. On fees, FxOpen offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
FxOpen
3.7 vs 3.3
Lowest Fees
Tied
0 vs 0 pips
Regulation
Tied
2 vs 2 licences
Min. Deposit
UOB Kay Hian
$1 vs $0
FxOpen
UOB Kay Hian
FxOpen
UOB Kay Hian
Lower feesFxOpen holds licences from FCA, ASIC. UOB Kay Hian is regulated by MAS, SFC.
Both brokers offer access to Forex, Indices markets. FxOpen additionally covers Cfd, Crypto, Commodities. UOB Kay Hian adds Stocks, Etf.
FxOpen supports MT4, MT5, cTrader. UOB Kay Hian offers Proprietary Web, Proprietary Mobile, UTRADE.
FxOpen requires a minimum deposit of $1, while UOB Kay Hian sets no minimum deposit. This makes UOB Kay Hian accessible to traders with any budget.
BrokerRank scores FxOpen at 3.66/5 and UOB Kay Hian at 3.31/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FxOpen leads overall with a clear advantage.
FxOpen scores higher overall on our independent rating system. FxOpen holds a 3.7/5 rating vs UOB Kay Hian's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
FxOpen offers spreads from 0 pips, while UOB Kay Hian starts at 0 pips. Check the fees section above for a full breakdown.
FxOpen requires a minimum deposit of $1. UOB Kay Hian requires $0.
FxOpen is regulated by FCA, ASIC, while UOB Kay Hian holds licences from MAS, SFC.
FxOpen supports MT4, MT5, cTrader. UOB Kay Hian supports Proprietary Web, Proprietary Mobile, UTRADE.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.