FxPro UK Limited is authorized and regulated by the Financial Conduct Authority . With regulation in several jurisdictions, including the UK, Cyprus, Bahamas, and South Africa, FxPro has a reputation for being transparent and reliable. By submitting your review you agree to the REVIEWS.io terms & conditions. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.
There is also a treat for users who like auto-trading, as MT 5 has a powerful trading script, as well as an expert advisor. Aside from the different trading platforms, these two accounts are identical and choosing between them is just a matter of what platform you fancy more.
The best way to get started on any new platform is to try out the demo account. This account allows users to enjoy a realistic, simulated trading experience with virtual money so they can dip their toes into the market without risking actual money. FxPro is an ECN broker, which means it uses an electronic communication forex network to trade outside the market via a computer system. There are a few brokerage firms that can compete with FxPro’s huge client base and 70+ awards. FxPro offers no-commission trades, low fees, and a 10/10 customer service alongside four great platforms MT4, MT5, cTrader, and the new FxPro Edge.
It turned out that the FxPro terminal works well. The processing time for the withdrawal of funds is slow. Despite this, overall I am very happy with FxPro.
Fxpro Risk Disclosure
Very reliable market data, very professional broker, every detail is explained on their website, the customer support is good, the options and futures trading commissions are very low. The TWS platform works very fine, although the later versions are somewhat slower than early versions from the past years. Low margin requirement for trading commodities. There are a few features they could improve. The Parabolic SAR indicator on their App platform doesn’t work correctly. The commissions for trading non-base currency assets/commodities could be charged at the currency of the instrument traded and not at the base currency. And last but not least, the commissions charged on Forex trading is very high for small traders.
It’s because in this case you can trade between two levels in a relaxed manner. Some folks tell that you should simply follow the trend, but it’s a stressful thing for me. I like to trade in the flat market with this broker.
Really impressed with the conditions this forex broker provide so far. They provide great apps for mobile trading. Really one of the best and trustworthy brokers! It’s rather hard to open and verify the account, the initial deposit is not small, but all other moments are good!
- There is a reason why 1.3 million trading accounts are opened with FxPro in 170+ countries.
- The worst trading signals I have ever used.
- Leverages, trading conditions, margin requirements are better than an average broker can offer.
- Spread betting can have tax advantages for U.K.
- Withdrawals and deposits are fast and with minimal fees.
- We tested the credit card/bank transfer withdrawal and it took 1 business day.
All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of forex the best forex companies in the market. Detailed information about our methodology. Time checked broker with UK and Cyprus regulation. I can make money here and they always withdraw it! Highly recommend them for advanced traders.
Another Good Broker Service Use: Livelength Of Use: 0
Spread here is quite low, fast execution, good analytics. Never had problems with the transactions. I rate this company an 8 on a 10 point scale.
Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you trading strategy for free. FxPro is a reliable broker company that offers market access to all traders, regardless of their level of knowledge and experience.
A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account. When trading with any broker, I rarely use just one account.
Fxpro Dashboard
I chose FxPro because they don’t interrupt my trades and earn only on the commissions. All clients funds are segregated from the Fxpro own funds and are kept on accounts in world major banks. Also, they offer negative balance protection.
Finally, FxPro has an acceptable mobile charting offering. Traders can choose multiple time frames to monitor and can easily add multiple trading indicators, such as moving averages. After setting up a chart, the mobile app allows traders to easily trade from the chart, with easy trade sizing and buy and sell directional orders. I do not use it now, but I have traded a couple of times on a real account. The first thing I noticed here was reliable regulation.
Is Fxpro A Con?
This comes with experience when looking for an honest and transparent broker. They show real quotes and are 100% transparent and have very good support. Definitely the best broker and the first one I trust. The company fulfills its obligations – there is no doubt about it! Their support service is consistent and responsive, they execute honestly and withdrawals are quick.
From there, they will ask the usual information to begin the process. Step one is to register you live trading account and get ready for trading. From there, you will upload the appropriate documents to verify your account. Next, you can login to your account and begin funding and making deposits into your account. Lastly, you can begin trading, withdrawing and everything you need to begin building a profitable account. With FxPro, there are several products you can trade with the first and most obvious being the Forex market.
A fraud company would not likely go to these lengths to get their name seen. Yes, you can open a FxPro MT4 Instant account with fixed spreads starting at 1,6 pips. I advise you to choose instant execution because in this case you will never have slippage. Requotes are possible, but they are quite rare with FXPro. You can fund your account with a credit card.
I did not gain good profit trading with this broker. I had a very minimal FxPro Review profit and felt like the whole thing was just a waste of time on my part.
Fxpro Trading Conditions
I encountered unreasonable technical problems on their trading platform. Long and hassled process of withdrawals. The only problem I always face about this broker service is their withdrawals.
There a lot of videos, webinars, and seminars provided by FxPro. Never had any issues with my withdrawals. Fast payments in several hours via Skrill.
Clients can choose between several different types of accounts with FxPro depending on the platform they choose to use and their trading volume. This is a without a doubt a good, diverse offer, however, if you’re interested in a real abundance of trading options, there are better alternatives in the forex world. Brokers like the UK-based LCG offer 9 investment types and a lot more tradable products overall. The company offers over 70 forex pairs and about 150 various equity shares, futures, cryptocurrencies, stock indices, and commodities. This range of tradable products is large enough for traders to never run out of investing ideas. MT 5 has a set of impressive technical indicators that are segregated into 5 categories including a “custom” category, which makes it a lot easier to do technical analysis.