FxPro Review

 

Forex Pro Broker, London, United Kingdom. K likes. This is the official page of Forex Professional Broker5/5(1).

CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage. FxPro Quant, another stand-alone tool offered at FxPro, is a strategy wizard that lets traders build automated trading strategies using a drag-and-drop feature. Visit our comprehensive FAQ where you can find information about the services we offer and answers to your trading questions. One miscellaneous note, in FxPro launched FX Pro Markets, which is another version of the cTrader platform branded for its clients. Fund Login to FxPro Direct and deposit funds into your account.

Why traders choose FOREX.com

FinPro is world's leading forex broker that provides online forex trading solutions from past 5 years.

CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.

With regards to the FSB authorisation, FxPro provides execution services and enters into principal to principal transactions with its clients on FxPro's prices; these transactions are not traded on an exchange. CFDs are a leverage product and can involve a significant risk of loss.

Trading CFDs may not be suitable for all, therefore you should ensure that you understand the risks involved and take into account your individual circumstances. Partners Live Chat Contacts. Important Announcements Full calendar. Trade 's of instruments: Forex Spreads from 0 pips, dynamic leverage. Energies Margin requirements from 0. Indices Spreads from 0. Metals Low spreads and flexible leverage. Futures Tight spreads across all symbols. Start Trading Now Free demo included.

Open an account Check eligibility. Best FX Provider Best FX Execution, Global, Best FX Broker More than ,, orders executed so far. There is a good reason for that. No download required Learn More. FxPro Trading Advantages Up to orders executed per second Futures Trading Advantages Trade on award-winning platforms Wide range of futures contracts available Deep liquidity Tight spreads across all symbols No commission fees.

FxPro caters well to beginners with its FxQuant platform, and provides a platform for managed account investors. Over the past decade, FxPro has grown to become a leading retail FX market participant. Originally founded in , the company has executed more than million orders, offering Contract for Difference CFD trading across spot Forex, shares, indices, metals, energy contracts, and futures markets. Trading with a forex broker traders can trust is crucial to success.

Unfortunately, forex fraud and scams are common in the industry. Using 28 different variables, we have created a proprietary score the higher the better of overall trustworthiness, which we call the Trust Score. Here is our trust summary of FxPro. Overall, with the market and instant execution accounts available, traders have multiple options at FxPro when it comes to commissions and fees, which helps the broker cater to the entire spectrum of forex traders.

For our Forex Review, customer service phone tests were conducted over three months. The data collected is institutional grade. On average, three questions were asked for each test. To score each test, the tests were divided into three separate groups and scores were given for the time taken to connect with each support representative and the ability of each representative to professionally and thoroughly answer each question. A Net Promoter Score was also given for the overall experience.

FxPro provides daily updates on its blog, which has rich content from FxPro analysts and news streaming in its platforms from Dow Jones news wire. Overall, research is robust at FxPro. The company combines its in-house content with research from several external providers, which it integrates within the trading platforms.

FxPro also provides Trading Central, a leading news and research provider that develops automated pattern-recognition solutions, which is available within the FxPro cTrader platform web and MT4 as a plugin.

FxPro previously offered Auto Chartist, although that service was discontinued by the broker in FxPro also offers a web-based version of MT4 that is a lighter version of the desktop platform and can be accessed through any Java-enabled compatible web browser. The cTrader web-based platform at FxPro packs advanced charting tools within a smooth design layout and features narrows spreads with commission-based pricing. The web version of the cTrader platform at FxPro leverages HTML 5 technology for its responsive layout and is very easy to navigate, with great attention to detail in the user experience UX design.

Moving across sections of the platform and navigating sub-categories was seamless on the cTrader web platform at FxPro. One miscellaneous note, in FxPro launched FX Pro Markets, which is another version of the cTrader platform branded for its clients. FX Pro Markets comes with nearly all functionality found in the cTrader platform, except for automated trading capabilities. The desktop version of the cTrader platform ran smoothly on Windows 10 and contains an algorithmic trading functionality via its cBots feature, as well as trading ideas that are displayed as visual targets within charts.

This version of the platform we tested was packed with more features than the web-based version, including trade statistics, equity charts, and journal tabs within the bottom-right quadrant of the default platform layout. FxPro Quant, another stand-alone tool offered at FxPro, is a strategy wizard that lets traders build automated trading strategies using a drag-and-drop feature.

While this feature is somewhat complex to use, it is still far easier than learning how to code a strategy from scratch, and therefore can serve as a gateway for traders to develop their own systems without needing to write any code.

Overall, FxPro provides multiple platform options, giving traders a diverse selection of options depending on their trading style. The platforms FxPro offers for mobile trading currently, just like the desktop and web-based platforms, are from third-party developers, including MetaQuotes Software Corporation and Spotware Systems.

Although these platforms come with mostly native features, some areas are not native, such as the pricing and execution model, reporting features, and other areas that may or may not be disabled or customized by the broker. While reviewing the mobile app for FxPro Markets, the white-labeled version of the cTrader platform, the interface and layout were consistent, with the web-based version of the platform FxPro offers, and navigation was easy and intuitive.

This mobile app ranks highly overall, compared to other mobile apps such as MT4 from third-party developers. The mobile versions of the MT4 and MT5 platforms are also standard from the developer with native features, aside from pricing, the execution model, and features such as back office-related reporting, as well as news feeds and other areas that can be customized by the broker.

The margin call threshold varies across account types at FxPro, as does the execution and tier-liquidity process, which follows a volume-weighted average price VWAP when orders are executed. This means that, depending on account type, traders should check the related margin requirements as they will vary according to account type or platform.

The stop-out level when margin calls are triggered as well as how a margin call is handled is different in a cTrader account than it is in MT4.