FxPro: Online Trading Broker Apps on Google Play

As a strong proponent of transparency, we establish the highest standards of safety for our clients’ funds. For this reason, client funds are kept in major international banks and are fully segregated from the company’s own funds. Download our FxPro Mobile application for iOs & Android to register and manage your accounts on the go. FxPro supports multiple funding options including bank wires, Neteller, PayPal, credit cards, and Skrill, accommodating a wide range of payment preferences for its clients. In our comprehensive review of FxPro, we’ve concluded that it is a highly recommended broker for forex and CFD traders. Our extensive research and firsthand testing underscore its robust offering and exceptional service, making it a great choice in the industry.

To open an account with FxPro, visit their website, click on the “Register” button, and follow the on-screen instructions to complete the registration process. FxPro supports automated and high-frequency short-term trading, imposing no restrictions on scalpers. The minimum recommended deposit is 1000 USD or equivalent in another currency. There is a technical possibility to start with a smaller amount – the minimum top-up is 100 USD.

How to open an account with FXPro

FxPro educational content, structured to support lxcriticalg for beginner traders. The FxPro Edge trading platform interface, showing the default view of windows. During trading indices, keep in mind that the reaction to the economic news published may not correspond with expectations and forecasts. In general, the main purpose of world indices is to create a powerful indicator for investors to characterise the direction of companies’ quotes in a particular industry. Studying the dynamics of major indices helps to understand the impact of certain events on the value of securities. He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.

Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor xcritical rezension and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.

Minimum Account Deposit Requirements

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. The client’s funds are kept in major international banks and are fully segregated from the company’s own funds. If you want to compare FxPro with other forex brokers in more detail, go to the Forex Brokers Comparison page. The latest version of MetaTrader offers more timeframes and limit stop orders.

• Market Execution is also applied to all ‘Stop’ orders across all of our platforms.
• You can also request account deletion or data removal by emailing email protected and If you need any further help at all, please contact our 24/5 support team.
• When transferring between Wallet and an account in a different currency, a live conversion rate will be displayed to you.
• 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.
• The ‘Tools’ tab in FxPro Direct gives you access to various services we offer, including the FxPro Dashboard, Economic Calendar, Calculators and FxPro Squawk.

These unique features enhance the overall trading experience, although further advanced tools could potentially lead to an even higher rating for the platform. As a CFD broker, FxPro charges fees based on the spreads and overnight funding rates. All things considered, FxPro provides an extensive selection of tradable instruments, encompassing a wide spectrum of markets. While the variety is commendable, the exact number of instruments could not be determined at this time. Our dedicated, multilingual customer service team works 24/5 to provide you with an exceptional level of support.

Whether you prefer to eliminate the commission factor or tighter spreads seem more suitable to you, you will have a few account options that will be a great fit for your experience. While day traders can engage in intraday trading with any of the FxPro accounts, there is also the option to keep your positions open overnight. Such trades generate interest, which is either paid (negative swaps) or received (positive swaps) by the trader, depending on the way the market has shifted overnight. These interest rates are known as swaps, with FxPro calculating swaps by adding a rolling-over commission for overnight positions to the interest rates in the currency pair being traded. FxPro provides traders with a variety of deposit and withdrawal options, ensuring smooth and convenient transactions for clients around the world. Whether you’re funding your account or withdrawing profits, FxPro strives to make the process seamless, secure and efficient.

Special Islamic accounts are available for clients adhering to Sharia principles. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions. FxPro also offers free educational material, forex trading tools and demo trading accounts to all of our clients to help them practice and learn more about CFDs trading before opening a live trading account.

Clients who prefer to calculate their costs based on position size can opt for cTrader accounts, which provide raw spreads from 0.0 pips and a $3.50 round-turn commission per standard lot. Beginners can expand their knowledge with free videos, webinars and other educational material. FxPro’s trading platforms offer a solid and diverse range of options, with support for MetaTrader platforms, mobile trading, and web trading. Moreover, FXPro enhances user flexibility by providing its own web trader and app, ensuring traders can access their accounts conveniently from various devices. In addition to trading fees, FxPro clients may also face some non-trading surcharges.

Depositing from a card implies a commission of 1.6% and subsequent withdrawal to the same card of the total deposit amount – only after this will other withdrawal methods become available. To open an Islamic account with FxPro, you need to apply by email to the company’s back office at FxPro specialists will promptly process your request and help you set up the account according to your needs. The minimum position size for Forex trading is 0.01 of a standard lot (or 1000 of the base currency), with the minimum step also being 0.01 of a standard lot. The initial stage of xcritical rezension opening an account with FxPro can be considered complete. But for full access to all the broker’s features, you must confirm your email and pass verification. However, FxPro has mechanisms in place to address these challenges promptly.

FxPro offers a diverse range of account types to cater to various trader needs. For Muslim traders, there are Islamic accounts that adhere to Sharia law principles by eliminating interest payments. To enhance security and transparency, FxPro ensures fund segregation, keeping client funds separate from operational funds. Used by millions of traders worldwide since its launch in 2005, MT4 is the most popular retail trading platform. Both experienced and novice traders choose it for its intuitive user interface and powerful trading capabilities.

The mobile version of the FxPro trading platform narrows down all the desktop features to the small screen of your handheld device. It is available as a mobile app compatible with Android and iOS devices and can be downloaded from Google Play and the App Store at no extra cost. My test revealed that Standard account spreads are average, roughly matching industry norms. In contrast, Raw+ and Elite Accounts offer lower costs, making them ideal for high-volume and short-term traders.

• It is worth mentioning that the spot FX market is also an OTC market dominated by the large international banks.
• And for trade size above this, the overall price would be calculated according to the price tiers and volumes available at each.
• Please note that in order for the withdrawal to be successful, you should transfer your funds to your FxPro Wallet.
• As default, price charts are built using the BID price, however, it is the ASK price (the higher price) at which Sell order closures are triggered or buy positions are opened.

Opening an account with broker FxPro is relatively straightforward and structured. It provides Contract for Difference (CFD) trading services and caters to retail and institutional clients in over 170 countries worldwide. FxPro is an international broker regulated by the FCA (UK), CySEC (Cyprus), FSCA (South Africa), and SCB (Bahamas). If it is deemed that you do not xcritically have the experience required, you can proceed with a demo account creation. Once you feel that you are ready and experienced enough to open a live account, and are fully aware of the risks involved, please contact us so we can reassess your suitability.

Yes, FxPro is a legitimate broker regulated by several reputable authorities, including the FCA (UK), CySEC (Cyprus), FSCA (South Africa), and SCB (Bahamas). However, it should be noted that there are no forms of education that offer instant feedback from an instructor. For example, the broker does not conduct webinars, podcasts, or personal coaching sessions.

Once the crosshair appears, you can move it to any point on the chart, and the date and time of the corresponding candle will show in the X-axis along with the price at that specific level in the Y-axis. At the core of the app lies the FxPro Wallet, which keeps your funds from participating in the trading process and safe from market risks. Please note, that if you need additional accounts, you can open them through FxPro Direct Web or by contacting our Customer Service Team. Please note that if you transfer funds in a different currency from your FxPro Wallet, the funds will be converted into your Wallet currency using the exchange rate at the time of the transaction.

Moreover, FxPro offers instrument-specific insights, which offer a deeper understanding of factors influencing the price movements of different assets. Additionally, traders can access comparative analysis of user trading behaviors to gauge market sentiment and make more informed decisions. The MetaTrader platforms support algorithmic trading through Expert Advisors (EAs) and offer copy trading services, allowing traders to follow and copy the strategies of experienced traders.