FxPro Review 2024

As a result, FxPro earned Best in Class honors for Algo Trading and MetaTrader in our 2024 Annual Awards. 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.

  1. 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.
  2. Since then, the company has executed more than 445 million orders and was voted the U.K.’s most trusted forex brand by Global Brands Magazine in 2017.
  3. Ever since our establishment, FxPro has successfully expanded to serve retail and institutional clients in more than 170 countries – and we are still growing.
  4. FxPro has established a solid educational foundation, but there’s room for improvement to compete with industry leaders.

FxPro’s account opening process is straightforward and well-guided, minimizing the time required to start trading. When choosing a broker, trust and safety are paramount considerations. In this section, we delve into FxPro’s commitment to trustworthiness, regulatory compliance, fraud prevention, and the security of client funds. Security features are standard, with the option to replace the login with Apple’s Touch ID. Watchlists are easily customizable and it is also possible to have multiple lists.

Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises xcritical companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). FxPro’s education section provides written materials along with a handful of educational videos. 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. Our dedicated, multilingual customer service team works 24/5 to provide you with an exceptional level of support. A great account for all types of traders, with floating FX Spreads from 1.2 pips via MT4 and micro lot trading available.

Register and Trade on the go, with the FxPro Mobile app

Use our country selector tool to view available brokers in your country. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FxPro has received constant recognition in the industry, winning over 105 international awards to date for the quality of its services.

Research Tools and Insights

Moreover, FXPro enhances user flexibility by providing its own web trader and app, ensuring traders can access their accounts conveniently from various devices. FxPro’s research and insights tools are above average for the industry. Like many brokers, FxPro offers a macroeconomic calendar to track important releases xcritical that can impact markets. They also offer some basic daily fundamental research and work with Trading Central to offer technical analysis. Two areas where FxPro has an advantage over other brokers are its multilingual webinars available on the company’s YouTube channel and the quality of its real-time news offering.

Web Trading Apps

It is worth mentioning that the spot FX market is also an OTC market dominated by the large international banks. Automate your trading strategies with low latency Equinix virtual private server from Beeks FX. Trade with a broker that has been repeatedly recognized for the quality of its services. Contact our 24/5 support team via chat, email or phone for direct assistance. The MT4 multiterminal allows you to manage positions and execute orders on more than one MT4 account at the same time.

The specified date of the future payment is known as the expiration date. Check out our useful educational material and top – notch trading tools. Most trades are filled with lighting fast speeds in under https://xcritical.online/ 12 milliseconds, with up to 3,468 trades executed per second last year. The MT4 platform features a strategy tester, allowing you to backtest and optimize your Expert Advisors using historical prices.