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FxPro does not seem to offer any discounts for higher-volume traders on the couple commission types it does charge. Unlike other brokers, FxPro offers streaming mobile news with major news headlines that can impact markets. This allows traders to follow market developments on the go in real time. Conditional orders are easy and xcritical official site straightforward to set up with various types on offer. Traders can choose between market, limit, stop, and stop‑limit orders. Traders can also specify when the order will expire, providing another degree of control.

FxPro Trading Platform

FxPro ensures traders have access to assistance whenever they need it, offering robust 24/5 customer support services. Whether it’s during standard hours or beyond, traders can rely on FxPro’s dedicated customer support team to provide prompt assistance, enhancing their overall trading experience. FxPro provides access to the commodities market, allowing traders to speculate on the price movements of raw materials such as gold, oil, and agricultural goods. FxPro facilitates currency trading by offering an array of currency pairs, including major, minor, and exotic pairs, catering to forex traders of all levels. For those interested in the exciting world of cryptocurrencies, FxPro provides the opportunity to trade various crypto pairs, including popular options like Bitcoin, Ethereum, and more. There is a very high degree of risk involved in trading securities.

For clients trading in a different currency, a conversion fee may apply. As a CFD broker, FxPro charges fees based on the spreads and overnight funding rates. The CFD industry giant still has room for improvement by providing tighter spreads in the Standard Account and private insurance for clients of the offshore entity. They cover important subjects like technical analysis, risk management, and trading plan creation.

This means that where it comes down to execution, it acts as a counterpart between the broker and the interbank market. FxPro provides trading with 22 futures instruments on commodities and Indices, including 11 commodities and 11 indices. At FxPro, you have a wide choice of indices to trade, the most popular being those that combine the shares of some of the largest and globally acknowledged companies. A fee will be charged if the customer deposits money and withdraws it right away without trading. However, they have a live chat facility where all of your questions can be answered in real-time and instantly. All those companies are regulated and work as a whole body to provide users with one of the widest selections of assets.

You can check the FxPro Swap fee calculator to understand fees and now how much exactly you are paying. Now it’s time to look into the types of fees that you will be expected to face in trading with FxPro. There are not anything out of the ordinary, so let’s go through them here. However, it can be slightly confusing when you start to visit the FxPro demo account setup process on the company’s website, listing both MT4 and MT5 platforms, as well as cTrader.

Compare Trading Instruments

Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). FxPro has a robust education section with a variety of materials for both beginners and advanced traders. Interactive courses cover fundamental analysis, technical analysis, and trading psychology. The FxPro YouTube channel also features educational videos, platform tutorials, and recorded webinars.

There are even occasional demo contests where you can put your practice to the test against other traders. When we used FxPro we found the mobile apps are reliable and high-quality. Clients benefit from the same ultra-low latency trading infrastructure of the desktop platforms.

FxPro Maximum Leverage by Asset Class

I’m greatly appreciative of the trading platform’s dependability and rapid customer service. The real-time market information is crucial for my short-term trading approaches. The clear transparency and promptness foster trust for sustained success.

Inactivity Fees

Research materials are another xcritical courses scam highlight, with an excellent range of analysis and tools available to clients. As a muti-regulated global broker with a two-decade track record, FxPro earned a better-than-average trust rating in our review. I judged it to be a strong overall broker with a versatile offering. Like futures and other derivative financial instruments, CFDs allow traders to speculate on price movements without owning the underlying asset. The MT4 mobile app provides many order types, including pending and stop orders. However, trailing stop-loss orders are only available from the desktop.

1. Client funds are held in segregated accounts at global banks like Barclays and Royal Bank of Scotland.
2. When we used FxPro we found the mobile apps are reliable and high-quality.
3. When the base currency matches the currency you will make deposits with, you won’t pay any currency conversion fee.
4. Forex trading fees are primarily based on spreads, with varying rates across currency pairs.

Does FxPro Have Research And Education Services?

Whether MetaTrader systems are good or bad will depend on who you ask, the majority of traders agree they are comprehensive, thorough and more than capable of meeting the needs of most users. It has expanded to offer direct trading to customers in over 170 countries. Along the way, the company has picked up over 85 prestigious international awards. FxPro has one of the highest counterparty credit ratings in the industry, scoring 96 on a 100-point scale, where a high score indicates a lower risk of default or bankruptcy.

Spread betting on more than 200 assets is offered and while it is a good starting point for this type of trading, the platform does not support the use of EAs or any custom indicators. FxPro has one of the highest numbers of retail clients with over 1,866,000 million trading accounts. FxPro’s primary source of revenue comes from its large customer base. With such a large number of retail clients opting for a FxPro trading account, it’s important to examine if FxPro is a trusted broker.

CTrader provides in-depth performance statistics and an intuitive copy trading interface. FxPro could do better by also offering its own copy trading platform. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. Filippo Ucchino started his trading career in Forex trading in 2005. He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family.

The FxPro MT5 trading platform has been awarded two times in the 2015 and 2016 UK Forex Awards. The range of CFDs available on the MetaTrader 5 platform is more limited compared to the MetaTrader 4 platform. FxPro customers can only trade 5 CFD markets, which excludes support for shares trading.