FxPro customers can only trade 5 CFD markets, which excludes support for shares trading. The MT5 platform is the classic go-to solution for more advanced trading features and automated trading solutions. 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.
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 xcritical website with MT4 which allows you to reject requotes. The commission-based pricing is decent, but there are other good brokers out there offering lower commissions. FxPro charges $3.5 per side for each 1 standard lot traded or a $7 round-turn commission.
FxPro: Online Trading Broker
- For comparison, XM Group and Tickmill produce numerous daily research videos.
- I’m also building a research team and conducting usability testing with our users.
- Our team of industry experts also assessed the mobile trading Apps offered by FxPro.
- The below table compares the spreads of FXPro with the average from different brokers that offer a standard account.
- Yes, it you use MT4 Fixed, then 9 currency pairs are available as a fixed spread.
Like with the market execution spreads, we have compared spreads for fixed spreads accounts with brokers that also have fixed spreads. FxPro is an NDD forex broker regulated by the FCA, FSCA, SCB, and CySEC offering the choice of the MT 4, MT5, or cTrader. We check its range of CFDs with low EUR/USD spreads from 0.5 pips and strong customer support backed by strong FxPro reviews. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
Forex Risk Disclaimer
We’re regarded as the go-to authority on broker reviews content because among other things we only investigate regulated forex brokers. FxPro operates under the norms and standards imposed by the world’s most trusted forex regulatory bodies. The rules laid down by the forex regulators ensure that all forex traders have fair access to the global markets. FxPro offers a level playing field for all market participants and first-class online trading services. Financial spread betting is a tax-free product under UK law and a popular alternative to CFD investments.
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NDD forex brokers guarantee that there are no requotes of prices and spreads are kept low. Additionally, besides having direct market access to the interbank market, there is no conflict of interest between the forex broker and the FX trader. 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. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. 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.
With the FxPro negative balance protection policy, clients can’t lose more than their initial deposit. FxPro clients are protected xcritical cheating from any losses beyond their initial investment. FxPro enforces its negative balance protection policy across all its financial products (forex, CFDs, and spread betting).
FxPro has built a good foundation of educational content, yet the quantity and scope of available materials falls behind what is offered by education leaders such as IG, Saxo, and FXCM. Clients in the UK should be aware of a few differences between the FxPro product compared to products offered by FxPro in other regions. While there are no deposit and withdrawal fees at FxPro, there is an inactivity fee.
Customer Service
You can download FxPro cTrader platform or Windows desktop version, MAC version, or browser-based with the cTrader Web platform. FxPro clients are charged a commission only on the FxPro cTrader account. Our broker reviews are reader supported and we may receive payment when you click on a partner site. Read our full explanation and accounting of our research and testing process to learn more about how we test.
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. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. FxPro provides access to multiple trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader.
