FxPro: Online Trading Broker Apps on Google Play

FxPro customers can only trade 5 CFD markets, which excludes support for shares trading. The MT5 platform is the classic go-to solution for more advanced trading features and automated trading solutions. As you can probably tell, FxPro offers its clients a wide selection of trading accounts. Each trading platform offered by FxPro comes with its own type of trading account and conditions.

These accounts do not have commission costs so is the same as a standard account other brokers offer. For this reason, you will find spreads are wider than brokers that have ECN pricing and added commission costs. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. FxPro provides access to multiple trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader.

Reviews

NDD forex brokers guarantee that there are no requotes of prices and spreads are kept low. Additionally, besides having direct market access to the interbank market, there is no conflict of interest between the forex broker and the FX trader. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. The range of symbols available at FxPro will largely depend on your chosen trading platform. There are also thousands of shares available to trade in FxPro’s BnkPro app, though it isn’t yet fully available globally.

FxPro provides daily market updates and analysis on its blog, along with content from third-party providers. For comparison, XM Group and xcritical Tickmill produce numerous daily research videos. That said, FxPro is a decent broker but you can find other brokers with better spreads. Support is available in over 20 languages, ensuring traders worldwide can get assistance quickly and efficiently.

What is the minimum deposit at FxPro?

I’m responsible for researching, designing, innovating, and delivering design solutions for a variety of products, including websites, app, corporate identity etc. My responsibilities in supporting the website included analyzing statistics, developing an idea to improve user experience and conversion, and building design libraries. I’m also building a research team and conducting usability testing with our users. Yes, it you use MT4 Fixed, then 9 currency pairs are available as a fixed spread. Fixed spreads are popular with scalpers as their trading plans often relies of predictable price moments.

1. The commission-based pricing is decent, but there are other good brokers out there offering lower commissions.
2. At its core, the FxPro Wallet is synonymous with a bank safe deposit box where you can keep your funds safe and secure.
3. This flexibility allows both low-capital traders and professionals to start trading.
4. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.

ForexBrokers.com 2024 Annual Awards

You can download FxPro cTrader platform or Windows desktop version, MAC version, or browser-based with the cTrader Web platform. FxPro clients are charged a commission only on the FxPro cTrader account. Our broker reviews are reader supported and we may receive payment when you click on a partner site. Read our full explanation and xcritical cheating accounting of our research and testing process to learn more about how we test.

Does FxPro offer leverage?

We’re regarded as the go-to authority on broker reviews content because among other things we only investigate regulated forex brokers. FxPro operates under the norms and standards imposed by the world’s most trusted forex regulatory bodies. The rules laid down by the forex regulators ensure that all forex traders have fair access to the global markets. FxPro offers a level playing field for all market participants and first-class online trading services. Financial spread betting is a tax-free product under UK law and a popular alternative to CFD investments.

FxPro has a trust score of 60 based on its regulation, reputation, and reviews. FxPro provides swap-free accounts for individuals who require them for religious reasons. Fees may be applied after trades on specific instruments remain open for a certain number of days. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.

Not sure if this is a question but FxPro does have the option of Fixed spreads with MT4 for 10 currency pairs which can ensure you don’t experience slippage. You can also choose instant execution with MT4 which allows you to reject requotes. The commission-based pricing is decent, but there are other good brokers out there offering lower commissions. FxPro charges $3.5 per side for each 1 standard lot traded or a $7 round-turn commission.