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FXPro Review ☑️ Latest Pros and Cons

by Theinsightpost
February 18, 2023
in Africa
0 0
0
FXPro Review ☑️ Latest Pros and Cons


 

Overall, FxPro is considered a low-risk trustworthy broker with an overall Trust Score of 89 out of 99. FxPro offers 24/5 customer support with 0% funding fees. It offers fully transparent quality execution.

 

FXPro at a Glance

 

? Broker’s Name FXPro
? Year Founded 2006
? Head Office FxPro UK HQ
13-14 Basing-hall str., City of London,
EC2V 5BQ, UK
⚖️ Financial Regulatory Bodies FCA, CySec, FSCA and SCB
FCA Reg no 509956
CySEC license no. 078/07
FSCA authorization no. 45052
SCB license no. SIA-F184
? Awards 80+
? Welcome Bonus No
? Account Types MT4, MT4 Instant, MT4 Fixed, MT5, cTrader, FxPro
☪️ Islamic Account Yes
? Minimum Deposit $100 (recommended $1000)
? Demo Trading Account available Yes
? Deposit with credit/debit account Yes
? Deposit with Bank Wire Yes
? Maximum Leverage Max 1:30 (FxPro UK & FxPro Financial Services), max 1:200 (FxPro Global Markets) 1:500 only Pro traders
? Spreads Floating (MT4 Fixed account offers fixed spreads on 9 majors)
? Minimum Lot Size 0.01
? Maximum Lot Size 10 000
? Deposit Fee No
? Withdrawal fee No
? Spread Fee EURUSD from 1.4pips (from 0.2 on cTrader account)
? Spread Type Floating (MT4 Fixed account offers fixed spreads on 9 majors)
? Commission Fee cTrader only – $4.5 per 1.0 lot traded, when you enter and close position
? Inactivity fee Yes – 15$ after 12 months, then 5$ each month
? Web Availability Yes
 ? Mobile Availability Yes
?‍? Customer Service 24/5
? Open an Account ? Click Here

 

FXPro Review – 19 key points quick overview:

  1. ✔️FXPro at a Glance
  2. ✔️FXPro Overview
  3. ✔️FXPro, Safe or Scam?
  4. FXPro Leverage
  5. FXPro Account types
  6. FXPro Demo account
  7. FXPro Market instruments
  8. FXPro Fees
  9. FXPro Deposit and withdrawal
  10. FXPro Trading platforms
  11. How to open an FXPro account
  12. FXPro vs eToro vs IC Markets – A Comparison
  13. FXPro Pro and Cons
  14. FXPros Customer Reviews – TrustPilot
  15. FXPro Customer support
  16. FXPro Education
  17. FXPro 140 Point Breakdown
  18. FXPro Research
  19. FXPro Awards
  20. FXPro Conclusion
  21. FXPro Disclaimer
  22. Frequently Asked Questions

 

FXPro Review - Website

 

FXPro Overview 

 

FxPro UK Limited offers its services to thousands of traders in approximately 170 countries. It does not, however, offer Contracts for Difference to residents of certain jurisdictions including the United States, Canada, and Iran.

According to research in South Africa, FxPro is a multi-award-winning brokerage firm founded in 2006. It is a subsidiary of FxPro Group Limited.

The company specializes in online trading and offers Contracts for Difference (CFDs) on 6 asset classes – shares, spot indices, forex, futures, spot energies as well as and spot metals.

FxPro UK Limited offers its services to thousands of traders in approximately 170 countries. It does not, however, offer Contracts for Difference to residents of certain jurisdictions including the United States, Canada, and Iran.

The company’s capital exceeds 1 million pounds. Its average execution time is less than 11.06 milliseconds and it processes approximately 7 000 orders per second.

FxPro UK Limited specializes in Contracts for Difference (CFDs) and spread betting on cryptocurrencies, forex, futures, shares, spot metals, spot energies, and spot indices.

 

FxPro UK Limited’s strategies and values include:

 

  • Ultra-fast trade execution with no dealing desk intervention
  • Aggregation of prices from through a deep liquidity pool
  • Constant research and development
  • Accessible trading to all traders worldwide through educational tools and continuous customer support
  • Continuous improvements and expansion of its services and business model to meet and excel its customers’ needs
  • Ethical and transparent trading practices
  • Unwavering commitment to innovation, transparency, and excellence
  • Investments into development and research

 

FXPro Regulators

 

FXPro, Safe or scam?

 

FxPro Limited is authorized and regulated by a number of bodies:

The Financial Conduct Authority (FCA) since 2010 (registration no. 509956)

The Cyprus Securities and Exchange Commission (CySEC) since 2007 (license no. 078/07)

The Financial Sector Conduct Authority (FSCA) since 2015 (authorization no. 45052)

 

FxPro Global Markets Limited, its holding company, is authorized and regulated by the Securities Commission of The Bahamas (SCB) license no. SIA-F184.

The company establishes the highest standards of safety for its customers’ funds. Funds are kept fully segregated from the company’s own funds with reputable international banking institutions.

As the company is regulated and authorized to offer its services under all these bodies, and is committed to keeping customer funds secure, it is safe to say that this company is not a scam.

 

? Feature ℹ️ Information
Regulation FCA, CySEC, FSCA, DFSA, SCB
Minimum deposit from 1500 ZAR
Average spread from 0.0
Commissions from R 67 ZAR
Deposit/Withdrawal Fees None
Maximum Leverage 1:500
Bonuses None
Customer Support 24/5

 

FXPro Leverage

 

The maximum leverages ratios offered by FxPro UK Limited range between 1:30 and 1:200. Leverage ratios depend on the type of account, jurisdictions, and experience level of the trader.

High leverage levels can potentially result in high profits if used correctly, but traders should be aware that risks are higher and could result in great losses.

 

Maximum leverage on market instruments:

 

  • Forex Majors – 1:30
  • Forex Minors – 1:20
  • GOLD, GOLDEURO, GOLDoz, GOLDgr – 1:20
  • SILVER, SILVER EURO – 1:10
  • PLATINUM – 1:10
  • Spot Indices Major – 1:20
  • Spot Indices Minor – 1:10
  • Future Indices Major – 1:20
  • Future Indices Minor – 1:10
  • Energy Spot – 1:10
  • Energy Futures – 1:10
  • Commodity Futures – 1:10
  • US, UK, French & German Shares – 1:5
  • Cryptos – 1:2

 

Maximum leverage on open lots:

 

  • 0-100 lots – 1:200
  • 100-200 lots – 1:200
  • 200-300 lots – 1:100
  • 300-500 lots – 1:50
  • 500+ lots – 1:33

 

FXPro Account types

 

FxPro UK Limited offers a great variety of account types. This ensures that the needs of all traders, with different trading styles, are met.

 

FxPro MT4 Account:

 

  • Initial deposit: $100
  • Market Instruments: Forex, spot indices, spot energies, spot metals, futures, and shares
  • Stop/limit levels: Minimum 1 pip away from current/entry price (major pairs except for EURCHF, GBPCHF, EURJPY, GBPJPY)
  • Instant order execution: receive the price you see on the screen or receive a requote
  • Market order execution: tiered liquidity, orders executed at the volume-weighted average price (VWAP)
  • Stop out: FxPro GM: 20% / FxPro CY: 50% / FxPro UK: 50%
  • Dealing: Instant – No Dealing Desk Intervention / Market – No Dealing Desk Intervention
  • Algorithmic Trading with EAs supported
  • Available on the web and mobile app
  • No market requotes
  • Instant requotes: May occur during times of high volatility
  • Free Demo account available
  • Micro accounts available
  • Fixed spread available
  • VIP services

 

?Feature ? FxPro MT4 Instant
CFD Instruments Forex, Metals, Indices, Energies, Futures, Shares
Platforms Available Metatrader 4 desktop
MT4 Webtrader
MT4 mobile app for iOS / Android
Trade Sizes FX, Metals, Indices, Futures & Energies: 0.01(micro lots) and upwards
Shares: 1 and upwards
Trading Costs All instruments: Spread only (0 commission)

‘MT4 fixed spreads ‘applies only to 7 major pairs

Min Stop Levels 1 pip minimum from current/entry price for most majors
Netting / Hedging by Default Hedging

 

FxPro MT5 Account:

 

  • Initial deposit: $100
  • Market Instruments: Forex, spot indices, spot energies, spot metals, and futures
  • Stop/limit levels: Minimum 1 pip away from current/entry price (major pairs except for EURCHF, GBPCHF, EURJPY, GBPJPY)
  • Order Execution: Market execution – tiered liquidity, orders executed at the volume-weighted average price (VWAP)
  • Stop out: FxPro GM: 30% / FxPro CY: 50% / FxPro UK: 50%
  • No Dealing Desk Intervention
  • Algorithmic Trading with EAs supported
  • Available on the web and mobile app
  • No requotes
  • Free Demo account available
  • Micro accounts available
  • Fixed spread not available
  • VIP services

 

?Feature ? FxPro Platform MT5
CFD Instruments Forex, Metals, Indices, Energies, Futures, Shares, Cryptocurrencies
Platforms Available FxPro mobile app for iOS/Android FxPro web
MT4 platform ranges
Trade Sizes FX, Metals, Indices, Futures, Energies, Cryptos: 0.01 (micro lots) and upwards
Trading Costs All instruments: Spread only (0 commission)

Swaps/rollovers are applied when a trade is kept open overnight

Min Stop Levels 1 pip minimum from current/entry price for most majors
Netting / Hedging by Default Hedging

 

FxPro cTrader Account:

 

  • Initial deposit: $100
  • Market Instruments: Forex, spot indices, spot energies, and spot metals
  • Stop/limit levels: No minimum
  • Order Execution: Market execution – tiered liquidity, orders executed at the volume-weighted average price (VWAP)
  • Stop out: FxPro GM: 30% / FxPro CY: 50% / FxPro UK: 50%
  • No Dealing Desk Intervention
  • Algorithmic Trading
  • Available on the web and mobile app
  • No requotes
  • Free Demo account available
  • Micro accounts available
  • Fixed spread not available
  • VIP services

 

?Feature ? FxPro cTrader
CFD Instruments Forex, Metals, Indices, Energies
Platforms Available cTrader Desktop
cTrader Webtrader
cTrader mobile app for iOS / Android
Trade Sizes FX, Metals, Indices & Energies: 0.01 (micro lots) and upwards
Trading Costs FX & Metals: Reduced Spread plus $45 per $1 million traded (upon opening and closing a position).

Indices & Energies: Spread only (0 commission)

Swaps/rollovers are applied when a trade is kept open overnight

Min Stop Levels No minimum
Netting / Hedging by Default Hedging

 

FXPro Demo account

 

The company also offers a free Demo account, which is an ideal opportunity for traders that need to learn the ins and outs of trading, experiment with different trading solutions, and gain experience.

The Demo account offers a simulated trading environment with zero risks involved.

 

FXPros Demo account

 

 

FXPro Market instruments

 

With FxPro Limited, traders can choose from a wide selection of market instruments. The company offers more than 260 CFD assets in 6 asset classes.

 

Forex

Trade CFDs on more than 70 forex pairs with the most liquid market in the world. Traders benefit from tight spreads and ultra-fast order executions when trading the most popular currencies globally.

 

Futures

Trade CFDs on global futures, which is a popular investment option for traders who like to speculate on the value of energies, indices, and commodities.

 

Indices

Trade CFDs on the most popular indices worldwide, including Asia, Europe, and America.

 

Shares

Trade CFDs on the shares of more than 150 global companies across the United States, France, the United Kingdom, and Germany.

 

Metals

Trade CFDs on spot metals such as Gold and Silver. It is considered one of the safest trading options and creates profitable opportunities.

 

Energies

Trade CFDs on spot energies such as Brent oil and Natural Gas. Energy trading is a great option to diversify portfolios.

 

FXPros Forex

 

FXPro Fees

 

FxPro UK Limited charges commissions and spreads, depending on the type of account and instruments. The company acts responsibly and with transparency, no hidden fees are charged.

 

FxPro MT4 Account:

  • Forex and metals: Spread mark-up
  • Futures: No commission
  • Shares: No commission
  • Indices: No commission
  • Cryptocurrencies: No commission
  • Variable spreads (EURUSD): Instant execution: 1.71 / Market execution: Avg. 1.58

 

 

FxPro MT5 Account:

  • Forex and metals: Spread mark-up
  • Futures: No commission
  • Indices: No commission
  • Cryptocurrencies: No commission
  • Variable spreads (EURUSD): Market execution: Avg. 1.51

 

FxPro cTrader Account:

  • Forex and metals: $45 per $1 million traded (upon opening and closing a position)
  • Indices: No commission
  • Cryptocurrencies: No commission
  • Variable spreads (EURUSD): Market execution: Avg. 0.37

Swaps/rollovers are charged with positions held overnight. Charges are dependent on market conditions and instruments.

 

FXPros Fees and Commissions

 

FXPro Deposit and withdrawal

 

FxPro Limited offers hassle-free deposit and withdrawal options like:

  • Bank transfer, Credit / Debit Card, PayPal, Skrill, Neteller and UnionPay

 

Bank transfers and broker to broker transfers include the following specifications:

  • Processing times: Deposits – Usually 3 to 5 business days
  • Withdrawals – 1 Business day
  • Fees: No deposit or withdrawal fees, however banking institutions may charge fees
  • Accepted currencies: EUR, USD, GBP, CHF, JPY, PLN, AUD, ZAR

 

Credit and debit card (Visa, Maestro, Mastercard and American Express)

  • Processing times: Deposits – Usually within 10 minutes
  • Withdrawals – 1 Business day
  • Fees: No deposit or withdrawal fees, however banking institutions may charge fees
  • Accepted currencies: EUR, USD, GBP, CHF, JPY, PLN, AUD, ZAR

 

FXPro Trading Tools

 

FXPro Trading platforms

 

FxPro offers its traders reputable and popular trading platforms.

 

MetaTrader4 (MT4) Trading Platform

The MetaTrader4 platform is the most widely used platform in the world. It offers different execution methods, is customizable and prices are created during the execution process.

 

Features and benefits of MetaTrader4 include:

  • Simple user interface
  • Limit orders
  • Graphs and charts for different timeframes
  • Instant order execution
  • Technical indicators and analysis tools
  • Live analytics
  • Available in several languages
  • Add-ons/widgets/tools
  • One-click trading
  • Chart trading
  • EAS/Automated trading support
  • Available via desktop, iOS, and Android

 

MetaTrader5 (MT5) Trading Platform

The MetaTrader5 platform is the successor of MetaTrader4, with several added features such as numerous interval charts, more comprehensive price analysis, and superior tools.

 

Features and benefits of MetaTrader5 include:

  • Flexible trading system
  • Technical indicators and analysis tools
  • Graphs and charts for 21 timeframes
  • Instant order execution
  • Live analytics
  • Available in several languages
  • Add-ons/widgets/tools
  • One-click trading
  • Chart trading
  • EAS/Automated trading support
  • Physical stocks
  • Available via desktop, iOS and Android

 

cTrader Trading Platform

The cTrader platform is relatively new to the online trading world. It offers good benefits and a great option for all types of traders.

 

Features and benefits of the cTrader platform include:

  • Spreads from 0 pips
  • Best available bid and ask prices
  • Full market depth
  • No restrictions on stop/limit levels
  • Full market execution

 

FXPro Trading selections

 

How to open an FXPro account

 

1. Step 1 – Register an account

 

To open an account is quick and easy. Make your way to the website and select the “Open trading account” or “Register” tabs

 

FXPros - Open an account - Step 1

 

2. Step 2 – Complete your information

 

Complete your relevant information in the fields required and select “register”

FXPros Registering an account

3. Step 3 – Complete your personal information

 

Complete all the further requested info, upload documents and verify the account.  Once verified we start trading.

 

FXPros Step 3 - Open an account

 

 

 

FXPro vs IG – A Comparison

 

? Broker ? FXPro ? IG
?Minimum Deposit $100.00 / R 1600 ZAR £250.00
? Trust Score 89 99
? Year Founded 1974 2006
? Bank No Yes
? Tier-1 Licenses 1 6
? Tier-2 Licenses 2 3
? Tier-3 Licenses 1 1
? Authorized in the European Union Yes Yes
? Forex Trading Yes Yes
✅ CFD Trading Yes Yes
☑️ Tradeable Symbols (Total) 2175 19537
? Forex Pairs (Total) 70 100
? Average Spread EUR/USD – Standard 1.51 0.828
? All-in Cost EUR/USD – Active 1.27 0.365
? Bank Wire (Deposit/Withdraw) Yes Yes
? MetaTrader 4 (MT4) Yes Yes
? MetaTrader 5 (MT5) Yes Yes
? cTrader Yes No
? Payoneer No Yes
? Android App Yes Yes
? Open an Account ? Click Here ? Click Here

 

FXPro Pro and Cons

 

✔️ Pros ❌ Cons
Regulated with several different bodies Does not offer its services in all countries due to legal jurisdictions

 

FXPros Customer Reviews – TrustPilot

 

What I would like to do is really thank…

What I would like to do is really thank the team at the broker for the quality services the company has been providing for a long time.
I came here on the advice of my friends, they are experienced traders and would not advise anything bad… Said that if I want to try trading, it’s only here. I was advised to start trading only with the trend, according to the principle “Don’t Stand in Front of a Train”.
Recently, there have been big changes on the market and it is often possible to earn good money…

 

FXPro Trustpilot rating

 

First Class Broker

It’s been a few months I trade with FxPro and can already say:
– First-Class Customer Support: since the beginning the Customer Support responded to my requests with professionalism, availability and speed.
– Reliable technology: in any situation
– Trading conditions: excellent and with stable spreads.
– Leverage: offers 200, therefore able to satisfy both novices and professionals

 

FXPro Trustpilot rating

 

 

FXPro Customer support

 

The company offers dedicated customer service through its multi-lingual team of professionals. Customers can request assistance 24 hours, 5 days a week via a callback, Live Chat, telephone, or e-mail.

 

FXPro Education

 

To help new or inexperienced traders, the company offers educational tools in the form of free online forex trading courses.

These include explanations on how to start trading, chart types, trading psychology, technical and fundamental analysis as well as other basic trading tips.

A full list of available trading tools and how to use it is also available. These trading tools include everything a trader needs to start trading successfully.

 

FXPro 140 Point Breakdown

 

? Year Founded 2006
? Head Office FxPro UK HQ
13-14 Basing-hall str., City of London,
EC2V 5BQ, UK
☎️ Head Office Telephone Number  +44 (0) 203 151 5550
⚖️ Financial Regulatory Bodies FCA, CySec, FSCA and SCB
✔️ Tier-1 Licenses 2
✔️ Tier-2 Licenses 2
? Publicly Traded No
? Awards 80+
? Trading Desk Type NDD
? Trading Model No Dealer Intervention
?? Accept US Clients No
? Welcome Bonus No
? Account Types MT4, MT4 Instant, MT4 Fixed, MT5, cTrader, FxPro
? Account Open Languages 17
?️ Active Trader or VIP Discounts Yes
☪️ Islamic Account Yes
⌛ Time to open an account 10 minutes
? Products Offered Forex, Shares, Futures, Metals, Energies, Indicies
? Is Exness safe to trade on? Yes
? Server Location London
⭐ Trust Score 89%

?Deposit

? Minimum Deposit $100 (recommended $1000)
? Demo Trading Account available Yes
? Deposit with credit/debit account Yes
₿ Deposit with Cryptocurrencies No
? Deposit with QIWI No
? Deposit with Bank Wire Yes
? Deposit with Bitpay No
? Deposit with Neteller Yes
? Deposit with Skrill Yes
? Deposit with Electronic Wallet Yes
? Deposit with Paypal No
? Deposit with Payoneer No
⏱️ Deposit Processing Time Usually within 10 minutes

? Currencies and Pairs

? Number of Base Trading Currencies 8
 ? Trading Indices No
? Trading Stocks No
? Cryptocurrency (Physical) No
? Major Forex Pairs Yes
? Minor Forex Pairs Yes
? Exotic Forex Pairs Yes
? CFDs (Total) 260
? Stock Indice CFDs Yes
? Stock CFDs Yes
? ETF CFDs No
? Commodity CFDs Yes
? Blend CFDs No
?Bond CFDs No
? Cryptocurrency CFDs Yes
? Allows Spot forex trading Yes
? Allows Hedging Yes
? Allows Scalping Yes
? Allows Swaps Yes
? Maximum Leverage Max 1:30 (FxPro UK & FxPro Financial Services), max 1:200 (FxPro Global Markets) 1:500 only Pro traders
? Spreads Floating (MT4 Fixed account offers fixed spreads on 9 majors)
? Minimum Lot Size 0.01
? Maximum Lot Size 10 000
? Social / Copy Trading No
? Charting Yes
? AutoChartist No
? Watch list Yes
? Trade Alerts Yes

? Fees

? Trading Fee Class Spread + Swaps (Commission also charged on cTrader)
? Deposit Fee No
? Account Opening Fee No
? Withdrawal fee No
⏱️ Withdrawal Processing Time Within 1 working day
? Spread Fee EURUSD from 1.4pips (from 0.2 on cTrader account)
? Spread Type Floating (MT4 Fixed account offers fixed spreads on 9 majors)
? Commission Fee cTrader only – $4.5 per 1.0 lot traded, when you enter and close position
? Inactivity fee Yes – 15$ after 12 months, then 5$ each month

Trading Platforms

? ECN Forex Trading No (we use ECN technologies though)
? MetaTrader 4 (MT4) Yes
? MetaTrader 4 (MT5) Yes
?️  Zulu Trade No
?️ cTrader Yes
?️ DupliTrade No
?️ Mac Yes
?️ Desktop Availability Yes
? Web Availability Yes
 ? Mobile Availability Yes
?  Android App Yes
 Apple iOS App Yes
?Huawei App No
? Blackberry App No

?Education and Support

?‍? Customer Service 24/5
? Phone Support Yes
? Livechat Support Yes
?️ Email Support Yes
? Education / Help Centre Yes
? Beginners Trader friendly UX Yes
? Community Forum No
? Currency Converter Yes
? Traders’ Calculator Yes
? Economic Calendar Yes
? Forex calendar Yes
? Weekly Webinars No
? Affiliate program Yes

Safety and Protection

? Two-step Authentication Yes
?️ Investment insurance No
?️ FREE VPS hosting Yes
⛔ Negative balance protection Yes
❌ Stop-loss Instrument Yes
? Margin Call Yes

?️ Final Scores

?️ Spread 85%
?️ Leverage 87%
?️ Trading Platform 95%
?️ Range of trading instruments 90%
?️ Education Score 84%
?️ Customer Service Score 85%
?️ User Experience Score 86%
⭐ Trust Score 89%

? Social Media Pages

? Official Facebook Page https://www.facebook.com/FxProGlobal
? Official Twitter Page https://twitter.com/FxProGlobal
? Official Youtube Channel https://www.youtube.com/user/FxProMarketing
? Official Linkedin Page https://www.instagram.com/fxpro/
? Official Instagram Page https://www.instagram.com/exness/
? Official Website address FxPro.com

?Senior Management

?‍? Current CEO Charalambos Psimolophitis
?‍??‍? Founder/s Denis Sukhotin

 

FXPro Research

 

FxPro UK Limited offers research tools to assist traders in making informed trading decisions.

The company’s economic calendar provides information on important financial events, historical data of these markets, as well as forecasts. Updated forex news and calculators are also available.

 

FXPro Awards

 

FxPro UK Limited is an award-winning company, accomplishing more than 80 awards through the years. Some of these include:

Most Trusted Forex Brand, UK – Global Brands Magazine

Best Forex Trading Platform – Investors Chronicle and Financial Times

Best Forex Trading Tool – SQFX

Best Automated Platform – International Finance Magazine Award

Best Trading Platform – Forex Awards

 

FXPro Conclusion

 

Overall, FxPro is considered a low-risk, safe and trustworthy broker with an overall Trust Score of 89 out of 99. With 1:200 maximum leverage, 0.01 micro lot trading,  2100+ instruments, and a minimum deposit of $100  /  R 1600 ZAR

When reviewing this broker, it is clear that it offers reliable services and is committed to offering an excellent trading environment. This award-winning broker offers tight spreads, high leverage, a great selection of market instruments, and popular platforms.

FxPro UK Limited is well regulated and adheres to all regulations regarding customer fund protection and jurisdictions.

FxPro seems to operate with integrity, transparency, and high standards. Traders of all experience levels and trading styles should have a positive trading experience with this broker.

 

You might also like: FXPro Account Types Overview

You might also like: FXPro Demo Account – Step by Step

You might also like: FXPro Fees and Spreads

You might also like: FXPro Islamic Account Overview

You might also like: FXPro Minimum Deposit

You might also like: FXPro Sign up Bonus

 

FXPro Disclaimer

 

CFDs are complex financial products traded on margin. Trading CFDs is risky and may not be suitable for all investors. Ensure you understand the risks involved as you may lose all your invested capital.

The past performance of CFDs is not a reliable indicator of future results. Most CFDs have no set maturity date and a CFD position matures on the date an open position is closed.

With regards to the FSCA authorization, FxPro provides execution services and enters into principal to principal transactions with its clients on FxPro’s prices. These transactions are not traded on an exchange.

CFDs with FxPro are not regulated by the FAIS Act and intermediary services are not provided, according to research in South Africa.

 

 

Frequently Asked Questions

 

 

Is FXPro a fake or scam?

 

No, FXPro is not a fake or scam as it regulated by the strict, top-tier regulator FCA in the United Kingdom.

 

How many instruments can I trade with FXPro?

 

You can trade several different instruments with FXPro, which include the following:

  • Stocks – over 134
  • Futures – 24 contracts
  • Spot Metals – 7 precious metals
  • Spot Energies – 3 energy commodities
  • CFDs for Currency Pairs – 70 FX pairs
  • Market Indices – 19 spot market indices

 

Which platforms are supported by FXPro?

 

FXPro provides the following popular trading platforms:

  • MetaTrader 4,
  • MetaTrader 5
  • cTrader

 

Does FXPro offer leverage?

 

Yes, FXPro offers a maximum leverage of up to 1: 200.

 

What is the overall rating out of 10 for FXPro?

 

Overall rating for FXPro is 8/10.

 

 

 

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.





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