Nice broker with a good trading environment. There are various types of accounts Retail foreign exchange trading and platforms. Fxpro offers a lot of different trading instruments.
FxPro offers the FxPro Edge, its very own platform for traders. The catch is that this platform appears to be best for spread betters. It is also good for traders who want to benefit from some of the tightest spreads across all assets. ThecTrader trading platform is another platform that aims to serve traders in the best way possible. This platform is best for finding the best available bid and ask prices. You will also see your orders get filled in a snap. There’s a full-market depth feature to top it all off.
Web & Desktop Trading Platforms
They have very good demo account, superior online support and interesting webinars. I am happy with customer service, they are indeed very helpful. I just can’t stand the faulty trading platform, it always has errors most of the time. I have so much regretted using their forex services. I have noticed that they only let me win for the first time to convince me to add more money but eventually, they let me lose all. I felt like they are fake brokers and the trading they have is not real. It offers both true ECN/NDD and dealing desk to traders.
A minimum deposit is the minimum amount of money required by FxPro to open a new online brokerage account with them. Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with.
I’m not talking about trading itself (as it’s almost the same in all top brokers) but about auxiliary services, like signals, education and research. That’s realy broker’s strongest point, as I think. This broker really allows earning money.
Live webinars are broadcast frequently on a variety of subjects in multiple languages and video is then uploaded to YouTube for later viewing. FXPro also offers a standard economic calendar for planning. FxPro offers a publicly available education library – topics covered include Forex education, technical analysis, fundamental analysis, and trading psychology. While there is little structure to the material, the information is accurate. cTrader Account – The cTrader account charges commission on trades and has significantly tighter variable spreads than the MT4 and MT5 accounts. This combination of tighter spreads and commission fees is common for professional accounts, as it makes calculating profit and loss easier.
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In addition to this, FxPro has a blog, an Economic Calendar and Trader’s Dashboard. The company suits me perfectly providing comfortable trading conditions and good feedback. The deposits and withdrawals are accepted in all major types, including Mastercard and Visa. FxPro offers MT4 account types with Instant or Market Execution, and also a Fixed Spread option.
- This review of the FxPro platform is very detailed.
- This company has got a transparent executions method.
- The offer of mobile platforms is similar to the offer of desktop/web platforms on FxPro.
- Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances.
- This is really important because this kind of data helps to work efficiently and is always needed at the most crucial moment.
- To start the process of opening an account with FxPro you can visit the FxPro trading platform here.
First of all, there’s regulation here, which immediately rockets the trustworthiness level, all the information on trading conditions is freely available. Because there are so many platforms, I didn’t know which one is better to choose. That’s why I would like to have some guidelines for my choice. I look at the broker’s regulation first of all.
How’s Their Trading App?
They perform at the price that is on the screen, without delays, quickly and clearly. They do not cheat on the withdrawal of money, withdraw money stably according to the specified time frame. I have the impression of them as a serious broker who does not impose promotions and bonuses, just to hook the client. They don’t work against traders, they value their reputation. Personally, I have never had any controversial situations here since I moved here, and this has been about a year. At first, I didn’t expect a lot from this brokerage service.
We recommend FxPro for those who are interested in CFD and forex trading and appreciate a quick and hassle-free account opening process. Feel free to test it via the demo account.
FxPro also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move. FxPro is one of the few brokers that offer both of the MetaTrader Currencies forex platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here. If a market order is not fulfilled by your brokerage usually no commission is charged.
Leverage: 200:1
Different entities in the FxPro platform will offer different instruments, and that’s because of regulatory restrictions. However, the trading instruments present might also differ from the country of a resident where you want to trade. Still waiting for my funds to reach my bank account. It’s been almost a week, but I’m giving FxPro the benefit of the doubt. I’m in close contact with their support, so I’m not gonna go nuts and write a negative review yet. I’ll see what will happen and will update my comment accordingly. Offers both instant and market execution types.
However, general times and turn around appear to be in line with market standards. For those under CySec regulation, you can use payment methods that include bank to broker transfers, Visa, PayPal, and Skrill among others. Withdraws are nearly one business day across the board, which is important for those of you needing to live off of your trading revenue. From there, you can utilize FxPro Review access to the CFD’s on the futures market that includes indices, agricultural commodities and energy. With 20 instruments to trade, no commissions and dynamic leveraging, access to the futures market is made easy. Usually, in large companies like FxPro, it can be quite difficult to contact the support team. There can be a lot of requests, and they are processed for a long time.
On top of this, FxPro has won a “most reliable broker” award in 2019, which should serve as a good argument for the company’s trustworthiness. Although it is very popular in the UK, FxPro a true international brokerage with over one million clients in over 170 countries worldwide. Truly laudable customer support, which ticks all the boxes. A few years ago, negative comments from concerned clients started popping up on online forums, accusing FxPro of fraud and manipulative marketing practices. Conveniently enough, a series of layoffs followed this ordeal, culminating in the resignation of the company’s executive Vanessa Spyrou in 2017.
Fxpro Spreads All Spreads Fxpro
The FxPro broker charges relatively high fees depending on the type of an open account, the costs of which can be further reduced by registering with the Traders Union. The results have been broken into the categories low, medium, high. Traders Union professional team has analyzed FxPro trading conditions for commissions.
There is a reason why 1.3 million trading accounts are opened with FxPro in 170+ countries. To date, 370 million clients’ orders have been executed with No Dealing Desk intervention, with most of them being within less than 11.06 milliseconds.