FxPro Review

Summary of FxPro Trading Company

By GI Team

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Established in July 2006 in Cyprus, FxPro is a renowned broker with licensing from prominent financial regulators, including CySEC (078/07), Bahamas SCB (SIA-F184), FCA (509956), and South African FSCA (45052). Operating successfully in over 170 countries, FxPro caters to both retail and institutional clients and has garnered more than 85 awards, including accolades for “Best Forex Trading Platform” and “Best Trading Platform.”

Distinguished for offering top-notch trading tools, FxPro enables traders to engage in the trading of over 70 currency pairs, futures, and stocks such as Twitter, Apple, and Google. The broker boasts a diverse pool of over 2,100 trading assets, including cryptocurrencies, with availability depending on the chosen account type. While cTrader accounts provide access to a basic set of assets, MT4 and MT5 accounts offer the complete range.

Setting a high standard for safety, FxPro ensures client funds’ security by storing them in major international banks. These funds are not only insured but also kept separate from the broker’s equity, reinforcing FxPro’s commitment to safeguarding the financial interests of its clients.

Regulation in different regions is important to you. FxPro is regulated by FCA (the Financial Conduct Authority), CySEC (the Cyprus Securities and Exchange Commission), FSCA (the Financial Sector Conduct Authority), and SCB (the Securities Commission of the Bahamas). There are few brokers that are controlled by as many or more regulators.
You plan to deposit and withdraw funds by various methods. The broker works with standard bank transfers, as well as with Visa, and Mastercard. Such crypto wallets as Bitcoin, Ethereum, and Tether, as well as PerfectMoney, Skrill, and Neteller online payment systems are available.

You plan to invest minimum at the start. There are many brokers that don’t set the minimum deposit or it is as low as $10. To start trading with FxPro, a minimum deposit of $100 is required.

Expert Review of FxPro

FxPro stands out as a broker that effectively merges marketing strategies with technological advancements, boasting over 17 years of industry presence and optimized technical capabilities. The company excels in order execution with an impressive average of 14-30 milliseconds, far surpassing the market average of 100-150 milliseconds. Notably, the EUR/USD pair sees average spreads ranging from 0.3 to 0.8 pips, and during moments of fundamental volatility, expansion remains within the 30-50% range. These figures, verifiable through MT4/MT5 scripts, attest to FxPro’s commitment to transparency and efficiency.

A key factor contributing to FxPro’s performance is its long-standing partnerships with liquidity providers such as Barclays, Citibank, and RBS banks. These collaborations have significantly enhanced the broker’s overall capabilities.

FxPro ensures an ideal trading environment suitable for all experience levels. Novice traders can hone their skills on demo accounts compatible with any trading platform, including cTrader, MT4/MT5, or FxPro Edge. All platforms, except FxPro Edge, support custom indicators, scripts, and Expert Advisors. Additional tools in the user account, such as market sentiment indicators, display current position volumes in both directions, volatility of currency pairs, analytics and tools from Trading Central, and a news feed with streaming information.

While the number of payment methods is limited due to regulatory requirements, FxPro compensates with the assurance of instant processing of withdrawal requests and prompt crediting of funds. Overall, the initial impressions of the broker are positive, warranting its inclusion in the TU Top best companies rating. To experience it firsthand, consider opening a free demo account.

Investment Programs, Available Markets and Products of the Broker

Presently, the broker doesn’t provide its own passive investment programs. However, investors have the option to leverage the copy trading service offered by MetaQuotes, the developer of MT4/MT5. Here’s a step-by-step guide on how to utilize this service:

Register on MQL5 Website:
- Sign up on the MQL5 website at no cost, a process that typically takes around 10 minutes.
Download and Install MT4/MT5:
- Download the MT4 or MT5 platform from the broker’s website and complete the installation. Open an account, either through the broker’s user account or directly from the trading platform, and integrate it with the platform.
Access Copy Trading Feature:
- In the “Platform” menu for MT4 or the “Tools” menu for MT5, select the “Signals” tab and follow the provided instructions.
Link the Trading Platform:
- To copy trades, establish a connection between the trading platform and your MQL5 account. This can be achieved through the “Signals” tab or the “Service/Settings/Community” menu.
Choose Traders and Review Statistics:
- Explore the platform to identify one or more traders whose signals you wish to copy. Review their trading statistics to make informed decisions.
Subscription and Management:
- Once you’ve selected a trader, subscribe to their signals. A fixed subscription fee will be debited from your MQL5 account. You have the flexibility to unsubscribe from signals at any time.

This copy trading service allows investors to benefit from the expertise of experienced traders without actively managing their portfolios. While the broker’s own passive investment programs may be developed in the future, the current option through MetaQuotes provides a practical solution for those seeking passive investment opportunities

FxPro affiliate program

The Introducing Partner program is open to both individuals and entities, offering lucrative rewards of up to 55% of the income generated by referred clients, irrespective of their trading volumes. As part of this program, the broker extends comprehensive marketing and technological support to facilitate the success of Introducing Partners.

Detailed Review of FxPro

The firm places a strong emphasis on advancing innovative technologies and trading tools to empower traders with both profitability and convenience.

FxPro extends a diverse range of CFDs covering Forex, stocks, indices, futures, metals, and energy. Notably, the broker takes pride in offering CFDs on Base Metals & Gold Futures, including Aluminium, Zinc, Copper, Lead, and Gold. FxPro is committed to delivering prime liquidity to its customers, ensuring enhanced execution without dealing intervention.

Key figures encapsulating FxPro’s profile for informed decision-making include:

Capitalization: €100,000,000 (level 1)
Client Base: Serving retail and institutional clients across more than 170 countries
Awards: Secured over 85 international accolades
Platforms: Offers 4 distinct trading platforms
Sponsorship: Involved in 7 international sponsorship projects
Asset Classes: Encompasses 6 diverse asset classes
Execution Speed: Impressive execution speed of less than 14 milliseconds
Order Execution: Executes more than 7,000 orders in a single second

This summary provides a snapshot of FxPro’s key attributes, aiding prospective traders in making well-informed decisions when selecting a broker.

FxPro — the Best Choice for Investing

Continuous research and development stand as a pivotal focus for this broker, resulting in significant advantages such as ultra-fast execution. FxPro is dedicated to enhancing services that align with the most rigorous customer needs. Traders of all experience levels benefit from educational materials and multilingual support provided by the company’s specialists.

Remaining at the forefront of customer requirements and implementing the latest advancements has solidified FxPro’s position among the industry’s best brokerage companies for over fifteen years. Year after year, the broker reaffirms its reputation as one of the most stable and reliable financial firms globally.

FxPro consistently integrates new technological developments into its platforms and order processing systems. Positioned as an NDD (No Dealing Desk) broker, FxPro utilizes a non-dealing model for trade execution on a mixed STP/ECN system, ensuring transparency. Although it lacks anonymous communication between executing counterparties, this setup guarantees traders access to the best prices. Impressively, 86% of orders are executed without slippage, and 98% without requotes.

FxPro extends additional services, including:

VPS Server:
- Installation of the platform on a Virtual Private Server (VPS) allows users to continue trading in case of disconnection due to electricity or internet shutdown. Additionally, VPS is utilized for algorithmic trading.
2-Level Education System:
- Comprising a basic stage for novice traders and an advanced stage for those with more experience, this education system supports continuous learning.
FxPro App:
- The FxPro app, a mobile application equipped with an advanced charting toolkit and a unified account management system, enhances the trading experience for users on the go.

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