The mobile version of the FxPro trading platform narrows down all the desktop platform features to the small screens of your mobile handheld devices. It is available as a mobile app that is compatible with Android and iOS devices and can be downloaded from the respective app stores. Used by millions of traders worldwide since its launch in 2005, MT4 is the most popular retail trading platform. Both experienced and novice traders choose it for its intuitive user interface and powerful trading capabilities. MetaTrader 4 has established itself as the industry standard, as it features all the necessary tools a trader needs to analyze the Forex market, place orders, and manage positions. The MT4 trading platform has a simple and user-friendly interface that can be rearranged and modified to suit the client’s desires.
How do I open an account with FxPro?
This brings us to the two prime sections of the research department, the in-house FxPro Market News, and the third-party Technical Analysis by Trading Central section. Plenty of fresh research and analysis updated several times during each trading day makes the FxPro Market news section a quality read during a trading https://traderoom.info/fxpro-overview/ break. The content remains divided into sections, such as Daily Outlook, Market Snapshots, and Crypto Review. FXPro delivers well-rounded products and services ideal for demanding multi-asset traders. Ultimately, the decision of whether FxPro is right for you depends on your individual trading needs and preferences.
Demo Account
This calculator measures the cTrader commission, required margin and estimated swap values for the traders’ position. I was able to input my currency pair of choice, base currency, leverage and lot size in order to perform the calculation. FxPro does not provide its services to clients from the United States, Iraq, Canada and some other countries. If FxPro is not accepted in your country, you might want to go through our broker comparison tool to find a broker that works in your country. 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.
Traded Instruments
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. 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 has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry.
- Spreads for major pairs start from 0.6 pips on commission-based accounts and slightly wider on commission-free accounts.
- These include major pairs like the USD/EUR and more like you would expect, to a large number of minor pairs and a selection of exotic pairs too.
- Materials can cater to both novice and advanced traders, and fresh content is added multiple times daily.
MetaTrader 5
FxPro offers 4 account types, but the commission-free Standard account features expensive spreads averaging 1.5 pips or $15.00 per 1.0 standard round lot on the EUR/USD, GBP/USD, and USD/JPY. The Pro account lowers average costs by 50% to 1.0 pips or $10.00 per lot, but traders must deposit $1,000. MetaTrader 5 is a multi-asset and multi-functional platform that could be a better match if you’re a more advanced trader looking to take your manual and automated trading strategies to the next level.
FxPro is a regulated online broker that offers hundreds of tradable assets on multiple sophisticated platforms; cTrader, MetaTrader and FxPro Edge. They also offer trading tools, third-party analysis and trader education. The FxPro review was crafted by our devoted team of investment and business professionals at Compare Forex Brokers.
In our comprehensive review of FxPro, we’ve concluded that it is a highly recommended broker for forex and CFD traders. Our extensive research and firsthand testing underscore its robust offering and exceptional service, making it a great choice in the industry. It’s worth noting that ECN trading may not always offer the best pricing for retail traders, and there are no guarantees for fills. In general, based on the feedback from FxPro ECN reviews, it can be concluded that FxPro is a true No Dealing Desk Execution broker.
The cTrader web platform is a powerful solution for browsers or Mac users, providing the same advanced functions as the desktop platform (excluding cTrader Automate). You may access your account from anywhere, at any time, without having to install any software. It provides chart analysis and signals from the brilliant Trading Central to help you level up your trading. You can identify fresh trade opportunities, optimise your entry/exit timings, and get an instant viewpoint on Trading Central’s favoured direction based on independent technical analysis. With FxPro MT4 Mobile, you may experience the most popular trading platform on your mobile phone, anywhere at any time. Available for iOS and Android and free to download, it is a great way for you to manage your accounts and follow the markets from the comfort of your mobile devices.
FxPro divulges that 83.39% of traders lose money when trading with FxPro. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
All BrokerNotes content is researched, fact-checked, and edited by the research team. Yes, FxPro is a highly trusted broker, not publicly traded but authorized by key regulatory bodies including MiFID and the FCA in the United Kingdom. Our findings align with industry research from ForexBrokers.com, which rates it as “Highly Trusted” based on its trust score of 90. If you’re interested in FxPro trade and are wondering about the minimum deposit required to start trading, you should know that FxPro has a requirement of at least $100. This means that you’ll need to fund your account with this amount after you have registered and verified your account. When it comes to withdrawing funds from FxPro, clients will be happy to know that they are not charged anything for the process.
The comprehensive educational section is divided into Basics, Fundamental Analysis, Technical Analysis, Psychology, Trading tests, video tutorials and Webinars & Events. It is a well-designed, interactive course and new traders are highly recommended to take advantage of it in order to broaden their knowledge base. Each analysis under the Market Snapshots section is quick, and traders https://traderoom.info/ looking for a more detailed analysis will be disappointed. The Daily Outlook is brief and touches on the core aspects without details. The Crypto Review offers the most content but remains far from comprehensive. The tremendous growth of FxPro has led to numerous sponsorships, which include three Formula1 teams, four football clubs, two rally championships, and over 22 events.
The most interesting section is the Featured Articles, which tries to answer simple questions like how to open a live trading account and the most asked question. If you have exhausted this option and still couldn’t find a satisfactory answer, you can proceed forward and talk directly with FxPro staff members. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. FxPro’s pricing is higher than the industry average, putting it at a disadvantage compared to industry peers like Pepperstone or IC Markets, who both also offer the full MetaTrader and cTrader suites.
FxPro offers MetaTrader 4 for desktops, which includes advanced functions such as copy trading and automated trading. Charting on the platform is robust, with a wide range of chart types, time frames, indicators, and drawing tools. My live tests showed that swap fees at FxPro are average for the industry. BnkPro from FxPro provides access to thousands of real stocks and ETFs, along with screening and in-depth portfolio analysis tools.