It is well structured, easy to navigate, and offers explanations with limited historical data. Leverage is offered to all traders and depends on which asset is traded as well as on the lot size. The broker’s website has a full list of all the assets and the available leverage so that you can know in advance exactly what you’ll be getting.
How do I open an account with FxPro?
FxPro’s transparent fee structure, competitive spreads, and minimal account maintenance charges contribute to its high rating. However, potential additional fees for inactivity and guaranteed stop orders slightly affect the rating. For clients trading in a different currency, a conversion fee may apply. Forex trading fees are primarily based on spreads, with varying rates across currency pairs. All things considered, FxPro provides an extensive selection of tradable instruments, encompassing a wide spectrum of markets. While the variety is commendable, the exact number of instruments could not be determined at this time.
The intuitive FxPro Trading Platform is ideal for newbies and casual traders who want to get started in the markets. Meanwhile, the availability of advanced platforms, fast order execution, and raw spreads make FxPro a strong choice for experienced day traders, scalpers, and algo traders. FxPro will professionally cater to your needs, irrelevant to whether you are a new trader, an established one, or an institutional client. VPS hosting is available at a charge, which is the only unfortunate fact about this broker, while FxPro should lower commissions, given the overall success of this firm. Despite this, the bottom line remains that FxPro is a world-class broker with an expanding asset and client base. An account with FxPro should be part of any trader seeking an excellent gateway to financial markets or who needs to diversify portfolios across different brokers.
Why you can trust FX Empire
My research showed that FxPro has a high level of financial strength, transparency, and trustworthiness. We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points.
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Founded in 2006, FxPro has executed more than 600 million orders since its inception and has serviced 1.8 million clients in over 173 countries. The FxPro brand holds regulatory licenses in the United Kingdom under FxPro UK Limited, Cyprus under FxPro Financial Services Limited, as well as in South Africa, the Bahamas, and Seychelles. Traders have the flexibility xcritical scammers of operating via the intuitive FxPro Trading Platform or the more advanced cTrader and MetaTrader platforms.
- Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange.
- FxPro also provides a glossary of CFD terms, which is not something every broker provides.
- The choices are location-dependent, and FxPro has created a great page explaining the entire process in detail.
- The Trading tests section offers a nice finish to the educational course.
- The information is collected from all available cTrader servers across multiple brokers.
- Major support and resistance levels are included in the reports, which are published several times daily.
FxPro provides access to the commodities market, allowing traders to speculate on the price movements of raw materials such as gold, oil, and agricultural goods. FxPro facilitates currency trading by offering an array of currency pairs, including major, minor, and exotic pairs, catering to forex traders of all levels. For those interested in the exciting world of cryptocurrencies, FxPro provides the opportunity to trade various crypto pairs, including popular options like Bitcoin, Ethereum, and more. Considering FxPro as your trading partner comes with unique advantages that set it apart in the competitive world of online trading. With its user-friendly platform, competitive spreads, and a wide array of assets, FxPro offers traders a comprehensive and versatile trading experience. 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.
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. FxPro is best for forex and CFD traders who want a wealth of choices in trading markets. Their range of forex pairs and the ability to trade equity indices, individual company shares, cryptocurrencies, xcritical cheating metals, and energy set them above competitors in this space. While most trades are commission-free, some may be irked by commissions charged when using their cTrader automated platform.