Due to the availability of MetaTrader, cTrader, and its own proprietary FxPro Edge web platform, traders at FxPro have a diverse selection of platform options that support a variety of trading styles. FxPro competes among the top MetaTrader brokers, featuring multiple account options and multiple execution methods. It provides its own proprietary FxPro Edge app available for web and mobile alongside access to the BnkPro app and Invest Web platform. Though I’ve given a pretty in depth review of the broker, it’s always useful to have a look at forums where you can get access to what thousands of other traders are saying about the broker. Finally, you have the EDGE account which has instruments in forex, metals,indices, energies, futures and shares.

Spreads & Commissions

FxPro is a well-regulated ECN forex broker that offers forex and CFD trading. The broker is credible with licenses from several top-tier regulatory bodies plus it offers competitive trading fees and features. Below are quick links to the main sections of this Fxpro review which we feel will be helpful to help you navigate easily.

Trading Conditions

I like how the website is translated into over 25 languages to cater to the international community. You can trade a reasonable selection of financial instruments in a variety of asset classes on industry leading trading platforms which includes; MT4, MT5, cTrader and Edge. FxPro provides the intuitive MetaTrader platforms, the most popular used trading platforms these days.

1. It provides chart analysis and signals from the brilliant Trading Central to help you level up your trading.
2. Shares are traded on the equity markets, which are centralized stock exchanges that maintain central records of volume and price data, unlike Forex that trades over the counter.
3. The spread on the account is variable, as mentioned, and depends on market volatility.
4. One thing that we really appreciated during this FxPro review was that the broker dedicated an entire section to trading psychology, which may be the biggest challenge for all traders to master.

FxPro Maximum Leverage by Asset Class

The Exponential expansion is with retail and institutional clients in over 170 countries. The broker has won over 90 international awards, including the Most Trusted Forex Broker 2017 by the Global Brands https://traderoom.info/fxpro-overview/ Magazine. One thing that we really appreciated during this FxPro review was that the broker dedicated an entire section to trading psychology, which may be the biggest challenge for all traders to master.

Again the spreads remain quite high here and subject to change and increase outside certain hours. If you are interested in trading futures though, our CFD review team does note that this is one of only a few top forex brokers where you can do so. Analysis from ‘Trading https://traderoom.info/ Central’ saved me hours of research and market analysis. They also offer other tools including a VPS for qualified clients, trading calculators, economic calendar, traders’ dashboard and more. The account type depends on the platform and trading conditions required.

The MetaTrader 5 platform employs the MQL5 programming language, used by automated trading software that executes trades for you. It can follow financial symbols 24 hours a day, copy trades, create and send reports, analyse news, and even give a specialised bespoke graphical interface. Because the platform includes a comprehensive development environment for creating and optimising your own EA, you can automate your trading strategies and back test them over historical tick data.

The inactivity fee is charged after 12‑months of no trading activity, which is $15, followed by a $5 monthly fee. If you want to avoid inactivity fees then you could consider another brokers who does not charge them such as FXTRADING.com. Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.

Another thing I really like is the types of accounts, and the minimum deposits match the accounts perfectly!!! I know that this is a very big broker, and the infrastructure they have built to support their millions of customers is very impressive, to be honest. The range of symbols available at FxPro will largely depend on your chosen trading platform.

TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. The customer service department at FxPro are decent but not the best from my experience.

FxPro’s primary drawback is its higher-than-average pricing, which just can’t compete with the lowest-cost forex brokers, even on its lowest spreads available via its cTrader platform offering. Thus, with FxPro, you will enjoy the benefit of super-fast trade execution with no dealing desk intervention. The broker offers you institutional trading conditions using top-tier liquidity providers (LPs) to ensure deep liquidity, fast trade execution speeds, and tight spreads.