FxPro offers 24/5 customer support via live chat, email, phone, and fax. Support is available in over 20 languages, ensuring traders worldwide can get assistance quickly and efficiently. FxPro has one of the highest numbers of retail clients with over 1,866,000 million trading accounts. FxPro’s primary source of revenue comes from its large customer base.
FxPro deposit: minimum, payment methods and fees (
The desktop browser experience is in line with the industry average and allows traders to easily execute trades with clear and transparent pricing. Traders can also create customizable watchlists and leave conditional orders, but hedging is not possible on MetaTrader 5 and will simply cancel offsetting orders. The range of symbols available at FxPro will largely depend on your chosen trading platform. There are also thousands of shares available to trade in FxPro’s BnkPro app, though it isn’t yet fully available globally. The following table summarizes the different investment products available to FxPro clients.
Then, whenever you’re ready, you can upgrade to a FxPro live account. If you’re not a beginner, you can start right away by opening a FxPro live account. FxPro has recently expanded its cryptocurrency training hours from weekdays only to 24/7 to allow retail traders unbridled access to the DeFi markets. Once you log in you have $500,000 in virtual cash to play around with.
Spreads & Commissions
FxPro also offers a wealth of archived educational webinars and seminars via its YouTube channel. Traders can also stay on top of major economic releases via the economic calendar within the client portal. Available leverage differs according to the asset class, with the most leverage available with CFDs on forex and the least with CFDs on cryptos.
xcriticalgs calendars and hedging tips can also be found in FxPro’s additional resources. Finally, there is a free indicator download to enhance your technical analysis capabilities. The broker’s extensive selection of global stock CFDs is particularly impressive. Clients can diversify their portfolios with assets from a range of industries and countries.
The Trading Platforms of FxPro
FxPro generally does not charge commissions on deposits, but conversion fees may apply if depositing in a currency different from the account base currency. Compare the markets and instruments offered by FxPro and its competitors. Please note, some markets may only be available via CFDs or other derivatives. FxPro provides a number of chart options including line charts, bar charts and Japanese candlesticks. As a result, all customer funds are segregated in Tier-1 accounts with a number of major banks.
You can download various demo platforms, including MT4, MT5 and cTrader. Contact customer support via their live chat or telephone service if you encounter any withdrawal problems. They can also advise of issues with withdrawal reviews and payment history. When we used FxPro we found the mobile apps are reliable and high-quality.
- The chat-based support feature is available via a persistent link displayed on web pages of FxPro.
- In fact, they can help with everything from order execution policy to problems with no MT4 connection.
- Choose one of the methods mentioned above, keep in mind the minimum deposit limit requirement and choose the best base currency for your needs.
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
- The FxPro MT5 trading platform has been awarded two times in the 2015 and 2016 UK Forex Awards.
It delivers a steady stream of stories with potential market impact, including breaking news and economic data releases. Additionally, comprehensive news coverage and market commentary from seasoned analysts are available through the FxPro Trading Platform and FxPro.news website. FxPro platforms offer one-click trading and trading from the chart, along with actionable day trading ideas from Trading Central. Although the spreads in the Standard Account are not highly competitive, day traders can benefit from lower trading costs in the Raw+ and Elite accounts.
This can be useful given you are trading with High Leverage Forex Brokers. Professional traders will, however, lose access to the Financial Services Compensation Scheme. Like with the market execution spreads, we have compared spreads for fixed spreads accounts with brokers that also have fixed spreads. 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. The lxcriticalg tools available at FxPro teach you how to create an easy trading plan, and to learn the strategies of risk management to protect your capital.
You might also need to provide proof of residence for the last 6 months. We used a standardised process to collect all the information needed to assess FxPro’s performance. And, based on our proprietary scoring system, we concluded that it’s safe to trade with FxPro. FxPro Wallet comes with no additional fees, but in some extreme circumstances, FxPro clients can be charged a withdrawal fee depending on the withdrawal method. Our broker reviews are reader supported and we may receive payment when you click on a partner site.
My live tests showed that swap fees at FxPro are average for the industry. I tested the spreads at FxPro across various markets during the London xcritical website open and after the New York open on 26 April 2024. At these times, the market is typically highly liquid with the tightest spreads. BnkPro from FxPro provides access to thousands of real stocks and ETFs, along with screening and in-depth portfolio analysis tools. However, real stocks cannot be traded on the FxPro Trading Platform. Scalpers, who are in and out of the market within seconds, can benefit from FxPro’s ultra-fast order execution and tools like depth-of-market (DOM) in cTrader and MetaTrader 5.
FxPro says that due to the high volumes xcritical of their clients’ trades, it can internally match a great deal of their order flow. This allows the company to minimize risk and costs without interfering with orders in any way. FxPro does not seem to offer any discounts for higher-volume traders on the couple commission types it does charge. 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.
When the markets are open, the customer support service of FxPro is always available through phone, email and online chat. The support team will always respond to your queries in a quick and efficient way, without long waits for phone calls to be answered or a response to a chat request. The chat-based support feature is available via a persistent link displayed on web pages of FxPro.