FxPro started its operation in 2006 as an online forex broker and since then enhanced its service dramatically, by its aim and follow of a client-centric approach. In fact, FxPro now serves retail and institutional clients from around 170 countries through over 2 Million Trading accounts which made it one of the leading Forex Brokerages.
FxPro has long history of operation and is a heavily regulated Broker. The account opening is easy and offers various account types, good range of trading platform, while costs are low and with different pricing models. FxPro education and research is high quality and beginners are welcome.
On the flip side proposal conditions are different fo each jurisdiction, and deposit methods are not available at some regions.
10 Points Summary
🏢 Headquarters | UK |
🗺️ Regulation | FCA, CySEC, FSCA and SCB |
🖥 Platforms | MT4, MT5, cTrader, FxPro Edge |
📉 Instruments | Forex and CFDs on 6 asset classes, with over than 260 instruments |
💰 EUR/USD Spread | 1.2 pips |
🎮 Demo Account | Available with no limits |
💰 Base currencies | EUR, USD, GBP, CHF, PLN, AUD, JPY, ZAR |
💳 Minimum deposit | 100 USD |
📚 Education | Profesisonal education and free reserch tools |
☎ Customer Support | 24/5 |
Of course, tons of customers around the world and general reviews bringing the understanding that FxPro achieved sustainable trust in the industry and gained the highest ranks. But in addition to that, international rewards from the largest financial institutions and organizations brought a conclusion that the manner FxPro operates its NDD execution and operation itself deserves recognition too.
Starting from 2008 the company obtained numerous awards, and so far holding 85+ UK & international awards, as well as takes an active part in sponsorships.
No, FxPro is not a scam. FxPro is considered to be a safe broker to trade. It is regulated and licensed by several top-tier financial authorities including FCA, CySEC. Therefore, it is secure and low-risk to trade FX and CFD with FxPro.
Eventually, FxPro is an established brokerage firm in various jurisdictions, therefore it is regulated and authorized not only by one regulator but by several, which gives it extra layers of security and always for traders’ better.
FxPro Group Limited is the holding company that consists of – FxPro Financial Services Ltd, FxPro UK Limited, FxPro Global Markets MENA Limited and FxPro Global Markets Limited. The group headquarter is in the UK, however, broker serves offices in the UK, Cyprus, Monaco and Bahamas. As a licensed broker FxPro subject to strict European laws, providing its financial services guaranteed by legal regulatory agencies such as CySEC and FCA.
FxPro entity | Regulation and License |
FxPro UK Limited | FCA (UK) registration no. 509956 |
FxPro Financial Services Limited | CySEC (Cyprus) registration no. 078/07 |
FxPro Financial Services Ltd | FSCA (South Africa) registration no. 45052 |
FxPro Global Markets Ltd | SCB (Bahamas)registration no. SIA-F184 |
The regulated status of the broker, first of all, ensures its legit status, a regular check on the performance from the respected authority that ensures the client’s deposit by the set of protective measures. Client funds are stored in segregated accounts of European investment-grade banks, while the trader is a participant in the compensation of investors in case of FxPro insolvency, as well trade with negative balance protection.
Leverage specification at FxPro offers a dynamic forex leverage model with various levels as the regulatory requirements of a particular entity set and obliged broker to follow. As we found already before, FxPro offers trading access through 3 main trading platforms that automatically adapt the clients’ trading positions, thus you can choose a suitable level to you and adjust to your strategy.
The maximum leverages offered by FxPro entities are detailed below since conditions vary according to entity regulatory obligations and applicable rules and ranges between
FxPro Accounts offer one account with a full package of advantages proposed by FxPro, also Micro Accounts and Swap-free accounts are available too. Demo account for practices remain available with Live account through easy switch between Live and Demo account right from the platform.
FxPro trading fees are built into the FxPro tight spread, which is a difference between bid and ask price. However to understand full picture check all broker fees too, like additional fees commission for deposits or withdrawal also non-trading fees. See FxPro fees below.
Fees | FxPro Fees | Go markets Fees | XM Fees |
---|---|---|---|
Deposit Fee | No | No | No |
Withdrawal Fee | No | No | No |
Inactivity Fee | Yes | Yes | Yes |
Fee ranking | Low, Average | Low | High |
You should consider also FxPro overnight fee charged by the broker in addition to the spread, for Forex pairs the cost or income is calculated as the interest rate. Or differential between the Tomorrow Next Deposit Rate of the 2 currencies in question, plus the commission charged by the broker.
This depending on the type of the position long or short, as well instrument you use thus you may either gain or lose on swap or rollover.
FxPro offers both variable and fixed spread (Find brokers with fixed spread), while fixed available only through the MT4 platform, yet FxPro cTrader offers market execution with an average spread Eur/Usd 0.3 and 45$ commission per 1$ million traded.
Overall, FxPro spreads and costs considered to be low among the industry offering, for instance check and compare FxPro fees with its peer FP Markets.
Asset/ Pair | FxPro Spread | GO Markets Spread | XM Spread |
---|---|---|---|
EUR USD Spread | 1.2 pips | 1.2 pips | 1.6 pips |
Crude Oil WTI Spread | 5 | 1.9 | 5 |
Gold Spread | 27 | 1.4 point | 35 |
At the development stage FxPro started as a forex broker and then spread further into providing CFDs on 6 asset classes, with over than 430 instruments. We see within our FxPro Review that the broker still continues its development by adding on more instruments hence influence the company’s growth too.
The FxPro Cryptocurrencies offering speculation on CFDs with the most popular cryptos, which is a great advantage too.
There is a multitude of ways to fund the trading account as well as to enjoy 0$ fee for money transfers, yet be sure to verify conditions according to the FxPro entity you will trade through.
At present FxPro supports 6 different payment methods
In addition to popular account base currencies, clients can perform deposits using several different currencies including USD, Euro, KWD, AED, SAR, and RMB which means you won’t be charged the conversion. However, every entity support various deposit methods, for details check official source FxPro.
FxPro Minimum Deposit is set to 100$, however, the broker recommends to deposit at least 500$ in order to enjoy full features of the trading itself.
FxPro Withdrawal fee and deposit charges as a pleasant addition from FxPro is 0, means there is no charge for withdrawal at any of the payment methods. Withdrawals usually processed within 1 day while using the same payment method as the deposit was done.
Let’s get closer to the particular FxPro offering and see why the world traders prefer this choice.
First of all the platforms range offers the truly powerful software through an option to suit your personal needs, either by the industry-leading FxPro MetaTrader4 or its newest version FxPro MetaTrader5. Or maybe to stick with the super technological platform FxPro cTrader or to use the proprietary platform FxPro Edge for Spread Betting.
Pros | Cons |
---|---|
MT4, MT5, Proprietary FxPro Edge, and cTrader | Conditions may vary according to entity and platform |
Copy Trade, Social Trading and Technical Indicators | |
Great selection of software suitable for any type of a trader | |
No restrictions on strategies | |
Fast execution and selection between its methods | |
Platforms available in various languages |
Before we also jumping into the details about each of the platforms, the general conditions offering various order executions either Instant or Market Execution with tiered liquidity orders.
Each platform features Web Platforms with different stop out or limit levels, slightly vary in its instrument offering or may charge spread only or include commission per trade but with a lower spread (read Fee paragraph for detailed info).
The desktop platform of course available for download and suitable for any device, while with the desktop version you will get full package and sophistication each platform may offer.
Another technological solution and advantages of FxPro lays on the ground at every platform and depending on trader what is the technology you prefer to use.
Yet, what we could say there are vast opportunities, tools, measures and add-ons available with automatic trading, no restrictions on scalping, or option to use proven managers and pre-tested trading strategies under all major risk management rules.
Moreover, all traders are offered to use a VIP package of services that includes a number of advantages: free VPS-server, no deposit fees, SMS-notification of the margin, free news reports and many more.
Another good point is to admit powerful mobile app FxPro designed, where you will find full control over your trading account, easy switch between Demo and Live modes and able to perform basic analysis and trades as well. All possible right from your mobile device.
FxPro offers a dedicated multilingual customer service team available 24/5 with a purpose to provide you with support any trader may need. Actually, FxPro shows quite good rankings and satisfied by its quality of service among traders and the community as well, which is definitely a plus.
Besides, FxPro is available around the clock in various countries due to its presence and run of support service offices, so you can contact them via any suitable method including live Chat, International lines and emails as well.
Beginners are very much welcomed at FxPro, that is why broker supports with professional education materials and courses designed by the level of experience. Fundamental, technical and other analysis reports also available along with educational videos, webinars, ebooks and other essential materials.
Besides, you will get exclusive trading tools FxPro included into its proposal that offers Economic Forex Calendar, Technical Analysis performed by Trading Central, 8 FxPro calculators and more.
Overall FxPro is a very customer friendly broker that besides to its good reputation and reliability, due to heavy regulation, offers an advantage to the traders of different level and expertise. Trading conditions are good, costs are low and well-developed company’s analytical and education is organized in simply an astonishing way.
Helld0 y0u have branche in Dubaï
I want open account there
Thank u.
Dear Abdelkrim,
FxPro has a Dubai branch/office. Please, follow this link to get more information and open an account.
I don’t like it very much when slippages occur in trading. Because it’s just frustrating when you get the unexpected result of a trade. What is the situation with slippages with FxPro?
You do realise that this is inevitable, sometimes the market is too dynamic.
But it’s worth noting that it’s really very rare here, and it can happen purely for objective reasons.
I started working with FxPro recently, maybe half a year ago. So far I am not completely used to a brokerage, because I don’t have much experience in trading. In general, I have a rather positive opinion about a broker, it is nice to work with it.
Most of all I certainly liked the fact that in trading I have almost no slippages. I don’t know how a broker managed to achieve such a result on slippages, but it is very cool. Not that slippages somehow have a big impact on my trading, but it’s much nicer to get the price that was originally specified when you open a deal.
By the way, I’ve only recently realized that I haven’t opened analytics through FxPro yet (I’ve always seen all the summaries and data on third-party resources). Does the broker offer its clients any analytics at all?
What? Don’t you use the Analytics at FxPro? You’ve got to be kidding. It is wonderful in this company. The broker offers Analytics of a third-party service Trading Central.
So you can:
subscribe to the daily mailing list on technical analysis.
set an indicator that will show the pivot levels in MT4 and MT5, recognize candlestick patterns, build levels, and recognize the trend automatically.
get access to the platform with forecasts for about 8000 assets.
In my opinion, this is the dream of every trader. So you should go to the Tools Tab, click All Tools and select Trading Signals from Trading Central. You will not regret it.
Is there Fixed Spread account in FxPro?
Yes, there are fixed spreads here, for almost 300 assets and without additional fees.
I started trading with FxPro only because they’ve got the best trading fees for ctrader users. I found out about the company in the advertisement. And then saw their manual on the website of the cTrader developers. So, I decided to try trading here.
In the company, I like a considerable choice of assets and strict regulation. You can trade what you want and not worry about the safety of your funds.
I hope the trading conditions don’t change in the nearest future. Can they?
No, FxPro does not prohibit you from having multiple accounts. What’s more, the company has made it easy for you to manage them. It often happens that a person opens many accounts and then forgets how much money is there. Or a trader leaves open trades. This leads to losses and disappointment.
FxPro has found two solutions to these problems:
1. FxPro Wallet. That is a superior solution. Because you don’t keep money in all accounts at once, but in one Wallet. Here they are safe from a single losing or forgotten trade. If necessary, the funds can be quickly transferred to the desired account.
2. FxPro Direct. And this is already a convenient mobile app, where everything is at your fingertips. With it, you can quickly correct orders right on the fly. And you can quickly transfer funds between accounts, deposit funds to your account, withdraw them, and much more.
The critical point is that you can do more than just create many accounts. You can manage them efficiently. This is important, in my opinion.
Of course, you can open another account with this broker if you need another platform to trade futures. It’s not forbidden, of course. The broker offers many worthy platforms in addition to cTrader. For example, you can trade futures on Metatrader 5.
What documents do I need to verify my trading account?
FxPro requires a standard set of documents for verification. These are passport and proof of residence. If necessary, you can also use a driver’s license or some other ID. As proof of residence, a bank statement or utility bill issued within the last 6 months will do.
By the way, you should upload all these documents via FxPro Direct. This is the broker’s mobile app. There, you need to log in to your Personal Account with your email address and password. And then you have to upload photos of your documents. For me, it was very convenient. You can take photos on your phone and send them immediately to the app for verification. It’s pretty quick.
And you can also check the status of verification in the same section of Account at FxPro Direct.
What can you say about advanced courses from FxPro ?
I don’t think that they greatly differ from advanced courses offered by other brokers. Courses are that thing that is not a must-have component of any brokerage service. The main thing is that is how a broker handles your orders and pays out your earnings.
What’s the difference between MT4/MT5 trading conditions?
Hi!
MT4 was specifically built for forex traders, whereas MT5 was designed to provide traders with access to CFDs, stocks and futures. Good Luck!)
I settled into the market fairly quickly, because I have a financial background and I’ve been interested in this business for a long time, though in theory at first.
Although, of course, just like other traders, I was working on the demo for a long time, making many mistakes and not always coping with this stress, which was always haunting me here.
But all the same, it’s all trifles when you see how your order closes with profit.
And I’m glad that there are opportunities to learn and there are good analysts here who are always willing to share valuable advice.
I just haven’t figured out the Forex calculators yet. Don’t they ever make mistakes? Does anyone use it on a regular basis or is it not worth it?
You can really use it all the time. Or at least as long as you learn how to do the necessary calculations yourself.
The chance of error seems to me to be minimal. At least I haven’t noticed anything like that.
Is that brokerage regulated?.
Yes, moreover, FxPro is a multi-regulated broker. That means it has different regulators in different jurisdictions. And this increases the level of client protection. So you can safely make a deposit and trade according to your strategy.
Before joining FxPro, I looked through a lot of reviews about this company. By the way, before I took a look at the broker’s table of trading accounts, I didn’t care about the difference between market and instant execution. I thought that it didn’t matter for trading. Now I know that market execution is much better because accounts with instant execution may generate requotes. It’s so good that the broker warned about it. However, I think that even on instant execution accounts of this broker requotes occur rarely. Some brokers have a negative fame because of requotes. But I took advantage of the broker’s warning and opened an MT5 market execution order. As of now, I’m satisfied with the execution provided.
I have a question. What does the broker do to protect my personal information?
I guess just what any decent company does. Don’t give it out to scammers. Doesn’t print out your verification docs and send the papers by the wind LOL
What else could it do, really?
Seriously, that’s a part of the agreement. They can’t use your personal info for any purpose other than required by AML policies.
FxPro takes several precautions to ensure that the personal information you provide is kept completely confidential. Your passwords are encrypted, personal data is stored on secure servers and is not available to anyone except a small number of authorized staff members. Don’t worry about this 🙂
How do I use FxPro Wallet? Can someone explain it to me?
Hey! This is a central account that you can use to transfer funds between your trading accounts with a few clicks.
The main advantage of funding the FxPro Wallet over a trading account is complete protection against the risks associated with current open positions in the trading account.
I have recently joined your company following a recommendation of one of my friends. I like what I see here, including your trading conditions and polite customer support. I opened three trading accounts and I trade on respectively three platforms: Metatrader 4, Metatrader 5, cTrader. All of them come with market execution, although for Metatraders it’s possible to choose instant execution, but I don’t need that.
Despite I’m satisfied with trading with your company I still have one concern that bothers me. That’s a question of security. Tell me how could I protect my personal information as your client?
You shouldn’t follow suspicious links sent to email. You shouldn’t share your login data with anyone. To make transactions, use FxPro Direct only.
What documents do I need to upload to verify my identity?
FxPro has a standard set for verification .. nothing complicated: а copy of a valid passport, national ID or driver’s license..
ohh.. by the way, they can also request documents where your address is indicated for the last six months.
This will be required to verify your identity.
What technical analysis tools can I use with FxPro on the Metatrader4 trading platform?
Metatrader 4 comes with a large number of built-in technical indicators, including trend indicators, oscillators, Williams’ indicators. The platform also supports customized indicators. Beside this, the platform allows to draw lines as well as other graphical objects.
I’m intrigued by FxPro. I especially like cTrader. I’m currently testing it on a demo account.
However, I’m also interested in your MT4 and MT5 accounts. Just explain to me what the difference between market and instant execution is?
Market Execution is an execution method in which orders are opened at the current market price.
Instant Execution is an execution method when orders are executed only at the price specified by the trader or are not executed at all due to sharp price changes during the order placement process.
I started working with this broker recently and I like everything. I decided to try trading Metatrader 4 for the first time, because I know how to create orders there and how to do technical analysis. I spent a lot of time learning how to trade. I really like it and I could understand everything. By the way, there is also a lot of training on the FxPro website, I reviewed it several times.
Another thing I like about FxPro is the low slippage. I know that every Forex broker has this problem. We cannot do anything about it, market volatility is, by the way, what helps us earn
This is what I wanted to ask … FxPRO has several trading platforms. How about a slippage on cTrader? Does it work as well as MetaTrader ??
The capabilities of the ctrader trading platform are optimal in this case. The database server provides simultaneous processing of several orders, allowing you not to miss the right moments to enter the market and implement them with minimal slippage. Also, the platform’s capabilities allow you to configure the default allowable price slippage and automatically add SL, TS and TP with the specified parameters to each open position.
Can I use FxProDirect to deposit and withdraw funds?
Yes, of course you can use FxPro Direct to make deposits and withdrawals.
By the way, I advise you to replenish your account with at least 1000 dollars in order to earn a good profit!
Which of your platforms supports custom indicators?
All of them. This is really good news.
No restrictions.
My experience of trading with fxpro is almost a year. I never noticed any scams or attempts to drain my depo. The spreads are very good! Many brokers are far from them on terms. In general, as for me, the main advantage of this broker is a good balance between price and quality.
There are no trading restrictions, all advisors are allowed, scalping is also allowed. If you want to trade without surprises, this is the place for you. Good selection of instruments, fast withdrawal, stable platform. Withdrawing money is also hassle-free.
So far, I have one question for the service: is it possible to use the Quant strategy generator?
That depends on the platform you use. As far as I remember, the FxPro proprietary terminal does not support auto-trading at all. MT4/5 have a large choice of EAs to buy and install as plug-ins. The power of cTrader is in its automation section as you can use the simple c# programming language to create your own algorithms, and backtest them.
When it comes to quant strategies, I would recommend you to apply additional risk-mitigation filters if you would decide to use them for your trading.
What’s the best execution: market or instant?
Of course, each order execution option has its own advantages and disadvantages. For me, Instant Execution seems to be much better than Market Execution.
The main drawback of Instant Execution is requites. If the market moves too fast, then the number of requotes increases sharply and there is a chance not to enter at all by your signal. On average, the number of requites ranges from 1% to 20% of the total number of orders. There are practically none of them in a calm market; there are more than enough of them on the news.
Moreover, a large number of requites indicates that the trend is moving in the right direction and the broker simply does not want to open a position at a loss.
What deposit and withdrawal options are available at FxPro?
This broker has a minimum deposit of $ 100. However, he also recommends having a balance of $ 1,000 or more. This is not a required amount, but it is recommended for quick leverage if you see potential. They offer wallet currencies in EUR, USD, GBP, CHF, JPY, PLN, AUD and ZAR.
Credit / Debit Cards are accepted including Visa, Visa Electron, Visa Delta, American Express, MasterCard, Maestro International and Maestro UK.
The company adheres to a policy according to which the client usually withdraws funds in the same way as he made a deposit.
The broker has good ratings and quick withdrawals, which is rare.
I have long wanted to understand who I need to become in life. To be honest, I have changed a lot of professions. You will laugh .. more 10! This is really so and I think that this is normal because I am always in search and always wanted something better.
This is how I started trading Forex.
Once I tried the FxPro demo account and stayed. I really liked the cTrader trading platform. Everything is convenient and everything is clear here. There are many indicators for market analysis. This is what I need to understand what is happening in the market at all. But FxPro also offers other trading platforms. They are much more popular. These are Metatrader 4 and 5.
Please tell me, as a beginner, which platform is better to trade on? Does it make sense to change to MetaTrader ???
MetaTrader 4 and 5 platforms have many enhanced functions for market research based on the technical analysis, as well as a large number of expert advisors and automated plugins for algorithmic trading. The workspace is adjustable, the feature of trading from charts is useful (MT5), while the history of trades allows you to analyse past performance. Desktop versions are the most suitable for professional trading, while mobile apps are good for trading on the go.
What are additional types of postponed orders in the FxPro cTrader platform needed for?
You can use them to enter the market at the most advantageous conditions. For example, buy stop limit or sell stop limit can be used when you expect that the price will rebound once it hits a certain level.
I know that this is a very popular broker and many traders still open accounts here. The company has been operating since 2006. I think that this time is enough for everyone to be convinced of the honesty of FxPro. In addition, the broker has excellent trading conditions, there are many assets and a good selection of trading platforms:
– Мт4 and МТ5;
– cTrader platform;
– FxPro Edge.
I believe that everyone can find something for themselves. I have been trading with Metatrader 5 for a month now. I like that there are a lot of trading indicators here. It is very convenient to do technical analysis. I’m wondering if the cTrader platform is similar to MT5.? Should I try to trade there ??
I do really understand when there is a strong desire to try all the opportunities that the broker can give. Now speaking of mt5 and ctrader, they are really different and it hard to tell which one is better. Ctrader has certain functions that mt5 doesn’t have and visa versa. I believe that as the broker provides you with such an opportunity, you should definetely use it and try ctrader. It may turn out that this platforms will meet all your trading needs.
Good day friends! Tell me if anyone knows if FXPro takes a commission per trade, and if so, how much?
If we talk about commission for trading, it all depends on the trading terminal, on which the trade is carried out. If we talk about Metatrader, there is no commission for opening trades, but there are variable spreads from 1.5 pips. If we talk about the program cTrader, then there is a variable spread of 0 points plus $3 commission per lot.
Is it possible to use algo trading using this broker?
Yes, this broker supports algo trading.
Does this broker stop its work on weekends or I have 24/7 access to trading?
This year FxPro broker offers full week trading. Since July 31, 2021 FxPro traders can trade Cryptocurrency CFDs 24/7, even on weekends! International broker FxPro has recently expanded its line of CFDs on cryptocurrencies at the request of its clients. It is very important to be able to manage your positions even on weekends, during the periods of sharp volatility on the crypto market.
Weekend trading is available on FxPro Edge CFD, FxPro MT4 and FxPro MT5 accounts.
I have had many attempts to trade forex, stock market, crypto exchanges, and even binary options, but only with FxPro I managed to earn and, more importantly, to withdraw profit. I use signals from Trading Central, but not always, I open most of my deals by myself, so I would not say that the signals are the only reason. Maybe I have finally improved my skills and am getting better at it. Or FxPro has better trading conditions for earning, or what is more likely – it’s because the company is not cheaters and does not embezzle my profits. Can you tell me what electronic systems are available for withdrawal?
You can use the services of Neteller, NetBanx, Webmoney, FasaPay and PayPal.
I am new to trading, so I am curious to know whether fxpro has any educational materials which can introduce me to trading?
Yes, the broker offers a separate education page for both beginners and advanced traders.
Which of the programs offered by FxPro should I choose for intraday trading?
All of the programs are alright for intraday trading, you can choose the one that you got used to and which appeal to you the most.
Is it possible to trade with mt5 working with fxpro?
Yes, FxPro provides Mt5 platform as well as mt4 and Ctrader.
I want to open an account here, but I’m a little strapped for cash. I read in some sources that the minimum deposit here is $500 and in other sources that $100. Could you please clarify this situation for me?
The minimum recommended deposit in 2021 is 1000.
Hi.i am irfan from pakistan.i opend account in fxpro.but i have some question.1:fxpro is sweap free account.2:acount open in gbp? 3:fxpro is the ecn broker? 4:am i change the leverage after the account? 5:am i change my account in gbp? because i am opend acount in usd.these my question plz guide me.thank you.
Hello, got you, let me explain you everything. 1) Account is free and opening an account is also free 2) You can open account in gbp 3) FxPro is specialized in CFDs trading 4) You can change the leverage whenever you want 5) In order to avoid potential conversion fees, it is preferable that your FxPro Wallet is in the same currency of your deposits and withdrawals. You’re welcome 🙂
For me, it’s quite vital not to lose my money on commissions, so does this broker have such ones in case of withdrawing money?
There are no commissions for deposit and withdrawal if you use a bank transfer or debit card. There are no commissions for deposits and withdrawals if you use a bank transfer or debit card. If you use e-wallets commission will be incurred if a withdrawal is requested without having traded.
This broker suits me if only for the reason that I am a Muslim and I need special conditions for trading. I follow the Shariah and I have the opportunity to work on a swap-free account. This is one of the many reasons why I chose this broker.
I contacted technical support, gave all required information and after confirmation the account that was already opened for trading was given a status of Islamic account. In addition, the reason for opening an account here was the excellent speed of processing orders.
Yes, it is really great that the FxPro broker offers this opportunity. As far as I know, not all brokers offer Islamic accounts.
I want to know what trading conditions with FxPro broker are unique (or rare) in forex trading?
I think that FxPro broker has a lot to offer both bulls and bears, but personally I like FxPro Quant. This is a system for creating trading robots without using programming languages.
FxPro broker really helps to trade better ’cause everyone wants to make mo money.
Friends say it’s a great broker, but is there a hedging option here?
“At FxPro, we allow hedging (lock positions) on all of our account types, except the MT5 account which is ‘Netting’ by default. … You can only place hedge trades however if your margin level is above 100%.”
Information from FxPro website.
Are there any tools available with the broker to build robots?
The trading platform cTrader has trading robots cBots. It is also possible to connect trading robots to the Metatrader 4 and 5 platforms.
You can create these trading robots yourself if you have programming skills.
What account should I choose for night trading here?
I would propose for an overnight forex FxPro account with fixed spreads.
Since the markets are in constant motion, it’s hard to expect the spread to stop. FYI – the spread in market conditions more or less fluctuates. We can say that the higher the liquidity of a given instrument, that is, the greater the volume and value of the trade at a given time, the smaller the spread. Its widening occurs in several situations, which are almost always associated with a decrease in liquidity:
* the spread often increases right before the session closes, at night;
* during market anomalies when there is a sudden panic or euphoria, which can also happen in the evening.
That’s why opening an account from FxPro with fixed spreads would be a great choice for overnight trading.
The broker generally suits me. I do appreciate the choice of trading accounts and platforms here. The only thing that I don’t like is that on a trading account with fixed spreads, they offer fixed spreads on majors only and not for all asserts. I wish they could offer a separate account with fixed spreads on everything.
These are already minor details.
There are many more pluses.
1. A normal terminal.
2. Education.
3. Real functioning technical support.
Can anyone tell me about stock investing opportunities with FxPro?
Yes, of course, there is an opportunity to trade stocks here. You can perform this type of trading based on the Metatrader 5 trading platform, there are more than 2000 stocks for trading.
In addition to this possibility, you will be able to receive dividends on shares when they are buy-opened, among other things.
Am I allowed to open a joint account with another person here?
Yes, the broker allows to open a joint account. To do this, you need to do the following:
– Each of the traders should register with the broker
– Contact the broker via and fill in a corresponding form to open a join account
I chose FxPro broker because it is the most famous broker in the world with multilingual technical support service and working under four licenses. This broker is allowed to work even in countries with very strict financial laws, still I think that this fact already says something, at least about the reliability of the company.
I have been trading with fxpro direct since 2018, I used to dabble in cross rates, now I prefer base currencies. I am happy that there is no commission for deposit and withdrawal.
Since it is known that a large number of traders support algorithmic trading, robots trading is allowed here, both on Metatrader and cTrader.
Probably the disadvantage is that most of the assets are available through CFDs, but on the other hand it may be a plus for someone.
I really think that CFD trading is tempting.
Great opportunity to make money on stocks, indices, gold, oil, etc.
That’s why I started trading in the financial markets, I liked how I can make money with these tools.
Please tell me what are the terms and conditions of FxPro for newbies?
Beginners can get training materials and also open a demo account with FxPro. It’s free and not difficult.
Every beginner will be able to try CFD trading without their own money. This can be done until they learn😉
Can I use ctrader to trade with fxpro or I need to change the pltform?
Yeah, you can undoubtedly use cTrader here. Moreover, there are attractive conditions concerning the ctrader platform:
– flowing spreads from 0 pips
– $3 commission per lot.
Broker has. pretty fascinating things.
Am I allowed to open a joint account with this brokerage company?
Yes, it’s possible. You need to contact the broker’s customer support rep.
Tell me, is this broker okey to use for trading in between active market sessions?
Well, I didn’t experience any problems or drawbacks while trading inbetween active sessions. More than that, I make decisions when the market is relatively still for several reasons:
1. There is no pressure affecting me.
2. The spreads are really tight during this period.
Is it possible to lose more money than I deposited?
Well, in theory, you could also lose previous profits.
But you won’t go into debt for sure.
I wish you don’t have such an experience, especially with FxPro you can learn a lot of meaningful things and safe at the same time.
Are there any tutorials with readymade strategies here?
You can use any tutorials that you want, such as videos, webinars, and articles. For more advanced traders, there are additional analytical tools such as Trading Central and Autochartist. Dow Jones news is integrated into the MT4 platform.
Can I trade cryptocurrencies with fxpro?
You can trade cryptos here. However, you have no opportunity to deposit and withdraw money in crypto. Moreover, keep in mind that most assets are available via CFDs.
The reason to join this broker for me was the fact that they offer a good choice of cryptocurrency. I rarely trade anything else except for cryptos. Sometimes I trade indices. For the last time I noticed that indices and cryptos go hand in hand and it’s getting more interesting to trade. It’s very suitable when there are correlated assets.
true! crypto is a new age! glad brokers thinks the same
Which trading platfor does fxpro support?
FxPro broker supports several trading platforms.
Among the broker’s trading platforms, you can find MetaTrader4, MetaTrader5, cTrader or FxPro Edge in desktop, web, or mobile versions. You can also download proprietary FxPro App.
One can argue endlessly which trading platform is the best. There is no right answer to this question. But I compared the speed of execution of orders with my previous broker, and I can say FxPro beat my previous broker
I trade on their custom platform. It’s called FxPro Edge if I’m right. I don’t have any special requirement for trading platforms and I think that this one is no inferior to others. The broker seems to does its job well. Soon, I’m going to make my first withdrawal here.
I have withdrawn $ 400 and I had no problem depositing it on my bank card
If you score more than me, write to me, were there any shortcomings?
Are there any withdrawals commissions charged by fxpro?
As far as I know there are no withdrawal fees, but may depends on payment method. Better to recheck with sup team, they answer instantly
Greetings! I want to clarify the commission calculation in case I’ll trade currency pairs and spot metals. Thanks
You can trade spot metals on such trading platforms as MT4, MT5 and cTrader.
If we talk about commissions, they will depend on which trading platform you trade on.
For example, the spreads for GOLD for MT4 and MT5 are floating and for the cTrader besides spreads + 0.45$ per 10K traded
I would like to open my first account, but kind of scared of forex. How can I check my broker before opening?
Hmm… Good question. I don’t know about other brokers, but can tell about FxPro that it’s serious company with excellent reputation. FxPro has all sorts of licenses, etc. If you don’t believe me, can try trading on broker’s demo account. You will get taste of trading without any risk!
What leverage can I use at FxPro broker to trade popular currency pairs?
Hi! It depends on your country. Fxpro is international company. And every country has its own rules about leverage. That’s why actual information about leverage fxpro broker posted on their website. When I searched for this information I just chose my country.
These guys are big fish on forex, so they need as many new clients as possible. There is nothing good or bad in it cause our world is like that – all companies, countries and organizations do that.
I have traded here about 3 years and have had no troubles.
Have you had any problems withdrawing money?
Which stocks can I trade at FxPro broker?
You can trade every stock imaginable at Fxpro! There are more than 2100 shares at your disposal. Just pick one, or maybe more, and go on.
what is the price for private virtual server per monht?
FxPro VPS subscription costs $30 per month. Price is ok. VPS helps you to make more pfofit so more money more tools 😀
I want to use it on my smartphone. Is it convenient?
Yes, their app is quite convenient and good.