Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).
FxPro platforms compared: MT4, MT5, cTrader & more
FxPro has about 1,300,000 trading accounts registered and open with this Forex Broker. As mentioned above, as FxPro promotes a strong proponent of transparency to their clients, the client funds are kept in major international banks and are fully segregated from the company’s own funds. Spread betting is available to all clients of FxPro UK Ltd who reside in the United Kingdom. The new Spread Betting Platform, FxPro Edge, is fully customizable and allows clients to trade hundreds of instruments across five asset classes, tax-free. Yes, FxPro provides a Virtual Private Server (VPS) service to ensure optimal trading conditions and uninterrupted operation for automated trading strategies. FxPro offers various communication channels for technical support, including online chat, a callback service, and email.
When trading, you benefit from high security levels and you can have confidence in how FxPro operates. xcritically, training modules cover the basics, analysis, and psychology. However, if you’re looking for comprehensive training and guidance, you may find FxPro comes up short. For example, it doesn’t offer any guidance in techniques and strategies, which are xcritical rezension important for beginners.
To explore these platforms further, visit the FxPro website and navigate to the “Tools” menu section. However, overall, many users praise the customer service standard, range of platforms, number of tradable instruments, and its regulatory oversight. Experts concur with this and also mention the different account types available for a range of users.
Once you finished customizing your position, choose the order volume and buy or sell the asset you want. Once you have positioned your trade, you can track the market prices from there. In this section, we will take a closer look at how user-friendly the platform is, compared to other brokers. FxPro is one of the largest brokers in the world, with more than 60 international awards. They claim to be the number one broker in the world, with more than 600 million orders executed.
Forex Demo Account 2025: Practice Trading with HYCM
XTB was created in Poland in 2006 and has enjoyed rapid growth since then. This broker can trade over 3,000 different xcritical cheating assets across six asset categories for you. But don’t just take our word for it; customers have given XTB numerous honors, and it is highly known for its excellent customer service.
Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in a loss of capital. FxPro emphasises regulation, holding licences in several key financial hubs. This includes top-tier regulators like the Financial Conduct Authority (FCA) in the UK.
- Accounts that have not made any trades in the past 3 months will be charged a $15 dormant account fee, followed by a monthly $5 fee as long as the account remains inactive.
- FxPro App is ideal for mobile traders who want direct access without switching devices.
- 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.
- Our company, Tokenist Media LLC, is community supported and may receive a small commission when you purchase products or services through links on our website.
This is beneficial for more experienced traders or those trading larger volumes, as the cost savings on the spreads can often outweigh the commission fees, especially in fast-moving markets. This structure also promotes high transparency in pricing and faster execution speeds, making ECN accounts an excellent choice for scalpers and high-frequency traders. FxPro ensures that all account types offer valuable and tailored features, allowing traders to select the option that best suits their trading strategy and financial goals. FxPro offers a variety of account types tailored to meet the diverse needs and preferences of its clients. Each account type is designed to provide specific features and benefits, ensuring that traders can select the option that best aligns with their trading style, experience level, and financial goals. FxPro responds adeptly to the burgeoning interest in cryptocurrency trading by providing its clients with the opportunity to trade popular digital currencies like Bitcoin, Ethereum, Litecoin, and xcritical.
FxPro does not have VIX 75 but offers other CFDs on Indices, including Nasdaq, France 40, China A 50, Japan 225, UK 100, US SPX 500, and many others. FxPro is a safe forex and CFD broker regulated by Tier-1, Tier-2, and Tier-3 regulators worldwide. No NGN base currency, but deposits in naira are accepted and converted.
- For more detailed queries or issues that require thorough investigation, email support is available, providing a way for clients to receive comprehensive responses.
- The EUR/USD spread on FxPro ranges from 0.0 to 1.2 pips, depending on the account type and market conditions.
- However, your coverage will depend on the specific FxPro entity you open an account with.
- You must first open a “FxPro Wallet” in your account for all financial operations.
- Requests are typically processed within one business day, but time may vary by method.
Additionally, you can learn vital information on subjects like 24 hour forex trading. In the end, you’ll have everything you need to enjoy a successful and profitable trading experience. When choosing the platform you prefer, remember that commissions may be higher than industry averages in some cases. For that reason, it’s vital to research platforms and accounts before making a choice.
The EUR/USD spread on FxPro ranges from 0.0 to 1.2 pips, depending on the account type and market conditions. The availability of different account types and the ease of verification contribute to its positive ranking. Equity traders can choose from a wide range of stocks available through FxPro, gaining exposure to companies listed on major global exchanges.
You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. Checking the user feedback for FxPro on FxVerify shows a largely positive response from many long-term clients. Reliability, platform stability (especially cTrader), and efficient withdrawals are frequent points of praise. Many users appreciate the broker’s long track record and regulatory standing.
PipPenguin makes no guarantees regarding the website’s information accuracy and will not be liable for any trading losses or other losses incurred from using this site. The site may contain ads and promotional content, for which PipPenguin could receive third-party compensation. However, this does not imply endorsement or recommendation of any third party’s services, and we are not responsible for your use of any external site or service. PipPenguin and its staff, executives, and affiliates disclaim liability for any loss or damage from using the site or its information.
Clients can trade 69 currency pairs on Forex and have access to a broad range of CFDs on indices, stocks, agricultural commodities, oil, precious metals, and cryptocurrencies. The minimum position size for Forex trading is 0.01 of a standard lot (or 1000 of the base currency), with the minimum step also being 0.01 of a standard lot. The minimum recommended deposit is 1000 USD or equivalent in another currency. There is a technical possibility to start with a smaller amount – the minimum top-up is 100 USD. The initial stage of opening an account with FxPro can be considered complete. But for full access to all the broker’s features, you must confirm your email and pass verification.