I performed my tests with a Standard Account, using the FxPro Trading Platform and FxPro Trading App. The account was opened with the FxPro Global Markets Limited entity. Some features and services may vary depending on where you reside. Everything is pretty good but it would be great if they add a copy trading service for traders. The FxPro mobile application is my choice among othersIt’s comfortable to trade via phone and I’m always able to control my positions ONLINE. Several agencies including the FCA, CySEC, FSCA, and SCB oversee them.
- I also tested customer support with a range of questions from easy to difficult and had a positive overall experience.
- Plus, it offers excellent educational resources and trading and market research tools compared to its competitors.
- There are also lots of trading online courses for beginners and advanced traders.
- Despite this, the bottom line remains that FxPro is a world-class broker with an expanding asset and client base.
- Overall, the MT4/MT5 platform promises reliability, fully customizable charting options, multiple order types and advanced analysis.
My Key Takeaways After Exploring FxPro Tradable Instruments
The FXPro Edge Account is also a market execution account that allows for trading on all instruments (Forex, metals, indices, cryptos, energies, equities, and shares). Spreads are the same as for the MT4 market execution account, averaging at 1.71 pips on the EUR/USD, and no commissions are charged. As this account is only available on FxPro’s proprietary platform, algorithmic trading is not available.
Best Forex Trading Website
FxPro charges different fees depending on the instrument you trade size and whether you are a retail or professional client or have VIP account status. You can have a swap-free Islamic Account on FxPro as a retail or professional client by sending an application to customer support https://traderoom.info/fxpro-overview/ via email. You will be required to submit some documents before your application is approved. Note that as a professional trader you can also apply to be recategorized as a retail client, by writing to customer support to downgrade your account.
Forex is the cornerstone of FXPro’s offerings, with over 70 currency pairs available for trading, including majors, minors, and exotics. In addition to forex, clients can trade global stock market indices, including the US S&P 500, the Germany DAX 30, and the Japan Nikkei 225. The commodity market is also accessible with offerings in precious metals such as gold and silver, energy sources like oil and natural gas, and agricultural products such as corn and coffee.
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They provide the most complete historical of markets hence traders can utilize advanced tools for higher rate of successful trades. Their support team provides multilingual, reliable and dedicated assistance and support on any trading issue and problem via multiple ways such as phone call, live chat and email. The FxPro cTrader platform is one of our favourite places to trade. We recommend this broker for a variety of reasons, mainly because they were the first broker to offer cTrader.
This means that clients’ funds are safer and the risk of fraud is lower because they have to comply with the regulations. FxPro cTrader is a powerful trading platform offering the best available bid and ask prices – with orders filled in just milliseconds. Download the cTrader trading platform and view the full market depth on an impressive user interface. In light of this client – centric ethos, we have been working hard to produce a new, proprietary forex trading platform, specially designed to accommodate our clients’ needs and preferences.
FxPro is globally recognized and trusted thanks to its decade of experience, robust security measures and regulatory oversight. The broker is licensed and regulated by financial authorities in multiple jurisdictions. FxPro maintains strict compliance standards regarding client fund protection according to its regulatory requirements across these jurisdictions. Think of it as a 3-in-1 professional financial product to help you enhance flexibility in digital investment and financial management.
My Takeaways from Exploring FxPro Research Content
- Webinars will also be uploaded to its YouTube channel to be watched at a later time.
- A demo account is essential, especially if you’re a beginner, as it lets you practice and master your strategies and get comfortable with the trading platform without risking real money.
- Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
- FxPro charges $3.50 per side or $7.00 per 1.0 standard round lot.
- She has a medical degree with a focus on physiotherapy and a bachelor’s in psychology.
- There is a $5 monthly inactivity fee if no activity has taken place for 90 days.
Due to the high volume of client trades, it can match much of its internal order flow. To change the language of the MT4 app, you must change the language for your entire phone. As with the desktop and web platforms, the interface could be more intuitive, but the MT4 app offers an above-average range of features.
What are the withdrawal fees at FxPro?
MT4 has a beginner-friendly and intuitive interface, making it appealing to newbies and experienced traders. It is the most popular retail trading platform, boasting 50+ trading indicators, 24 analytical charting tools, 3 chart types and 9 timeframes. FxPro is an FCA-regulated online broker that offers a variety of trading services, including spread betting and CFDs on forex pairs, indices, metals, stocks, energies, and futures. Our review will help you learn more about the broker’s trading conditions. The FxPro Wallet makes intra-account transfers quick and easy, a great customer support team stands by if needed, and FxPro has collected over 105 industry awards for its services. Research exists through an in-house team that provides basic research, while a partnership with Trading Central offers a more in-depth analysis of financial markets.
The available choices include the globally recognized MetaTrader suites — MT4/MT5 — the innovative cTrader platform and FxPro Edge, the broker’s proprietary platform. XM provides extensive and top-tier market research created by its in-house team. This includes market analysis articles, videos, trading ideas, podcasts, and breaking news. The news feed is powered by Reuters and Dow Jones, ensuring reliable and up-to-date information. The in-house content is designed to meet the needs of traders at all experience levels, covering technical analysis, forex previews, live webinars, and regularly published special reports. The FxPro MT4, MT5, and cTrader platforms are accessible from desktop, web, and mobile devices and mainly cater to experienced traders seeking algorithmic trading tools.
The spread on this account starts at 1 pip for major forex pairs, and you’ll pay a swap fee whenever you keep a trade position open past the closing time of the market. FxPro also offers Professional Account and VIP Account status to some clients. Swap-free Islamic Accounts are available for Muslim traders, and beginners can open demo accounts to practice trading before putting real money on the line. FxPro is a UK-based forex broker that, since its creation in 2006, has managed to establish itself as a strong presence in the financial markets trading world. It currently provides services to more than two million retail and institutional traders, across 170 countries worldwide. I have been using this broker for a while and their trading conditions have been very conducive, the platform has the necessary features and tools needed for daily trades.