FXOpen has announced that it will no longer support STP trading accounts starting from December 20, 2024. According to FXOpen’s official statement, the decision is aimed at focusing on their other trading account types, including ECN and crypto trading accounts, to better align with clients’ evolving needs. Clients using STP accounts are advised to transition their trading activity and withdraw any remaining funds before this date to avoid disruptions.
“All trading on STP accounts will cease from December 20, and remaining funds should be withdrawn by clients before this date. We encourage all affected traders to switch to our ECN accounts to continue their trading journey,” the FXOpen team stated in the announcement.
This situation is significant for some Forex robot developers, as a portion of trading robots available on the ForexStore marketplace have relied on live trading statistics from FXOpen’s accounts. While these statistics will no longer update, this does not negate the results achieved by these robots in the past. Unfortunately, FXOpen provided only a week's notice of this decision, leaving developers insufficient time to prepare for a smooth transition to other account types.
For more information, read the full announcement on FXOpen’s official website: https://fxopen.com/en-ae/news/stp-accounts-discontinued-from-20th-december/.
