Written by It’s also possible to swing trade CFDs, as overnight swap fees are not excessively high. Copy trading is available via the cTrader platform, with a diverse range of strategy providers. CTrader provides in-depth performance statistics and an intuitive copy trading interface. FxPro could do better by also offering its own copy trading platform.
Both FxPro deposits and withdrawals are conducted via an innovative money management tool called FxPro Wallet. This multi-functional account management tool lets FxPro clients transfer funds between their trading accounts in a secure medium. At its core, the FxPro Wallet is synonymous with a bank safe deposit box where you can keep your funds safe and secure. As you can probably tell, FxPro offers its clients a wide selection of trading accounts. Each trading platform offered by FxPro comes with its own type of trading account and conditions. FxPro competes among the top MetaTrader and cTrader brokers, featuring multiple account options, execution methods, and platforms.
What is the FxPro minimum deposit?
FxPro caters to traders of all experience levels, making it an ideal choice for both beginners and seasoned investors. The broker’s ongoing commitment to user-centric features, a variety of account types, and innovative tools position it as a suitable option for a diverse range of traders. From a single account, users can access competitive spreads, ultra-fast execution speeds and a range of CFD markets.
With FxPro you are in the right place to trade the financial markets. If you want to get involved in Forex trading, you should know about trading accounts. You can verify scammed by xcritical with the broker, what type of account you want to proceed with. Find out what are the highlights of getting your FxPro accounts here.
The founder, Denis Sukhotin, has worked hard to ensure user security remains a priority alongside global expansion. Trading with gold leverage, for example, allows you to increase your position size and capitalize on potential opportunities in gold prices. On top of the spread, a commission charge of $45 is in place per million USD traded.
FxPro’s flexibility in deposit and withdrawal methods, coupled with efficient processing times, contributes to its positive rating. However, it’s recommended to review the withdrawal processing times for each method before making a decision. For clients trading in a different currency, a conversion fee may apply. As a CFD broker, FxPro charges fees based on the spreads and overnight funding rates. FxPro provides a number of chart options including line charts, bar charts and Japanese candlesticks.
- In the same way, the administration is involved so it is better not to add less money.
- Our experts found the cTrader platform to be intuitive and user-friendly upon testing.
- 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.
Commissions and Fees
Today, the company operates in more than 170 countries and has more than 2,188,000 client accounts and €100 million of tier 1 capital. FxPro says it is known throughout the industry as a trustworthy and reliable broker. Yes, it you use MT4 Fixed, then 9 currency pairs are available as a fixed spread. Fixed spreads are popular with scalpers as their trading plans often relies of predictable price moments. Not sure if this is a question but FxPro does have the option of Fixed spreads with MT4 for 10 currency pairs which can ensure you don’t experience slippage. You can also choose instant execution with MT4 which allows you to reject requotes.
Mobile Trading Apps
Traders can also create customizable watchlists and leave conditional orders, but hedging is not possible on MetaTrader 5 and will simply cancel offsetting orders. Our team of industry experts also assessed the mobile trading Apps offered by FxPro. FxPro brings all the trading tools and features of the desktop version directly to your mobile device. Additionally, this forex broker released its own branded account management tool called FxPro Direct App. The range of symbols available at FxPro will largely depend on your chosen trading platform.
FxPro vs Other Brokers
These accounts do not have commission costs so is the same as a standard account other brokers offer. For this reason, you will find spreads are wider than brokers that have ECN pricing and added commission costs. Beginners traders looking for a well-known broker with a range of markets may be suitable for FxPro. They have their trading app that is easy to use as well as the usual MT5, MT4 xcritical and cTrader (although they don’t offer TradingView). There customer service is also well-suited for those new to trading. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
Written by 
Written by