FxPro (Group Limited) Review
FxPro is a brokerage company, which has been providing its services since 2006. It gives an opportunity to trade on financial markets. During more than 10 year of work it managed to create a positive image and reputation.
Regulation
FxPro is one of the most reliable brokerage companies in the world. It is registered in the United Kingdom and is regulated by 3 respected financial organizations:
- FCA (Financial Conduct Authority) — a British institution.
- CySEC (Cyprus Securities and Exchange Commission).
- FSB (Financial Stability Board) — an international financial organization.
Types of accounts
A client is free to choose from 4 variants:
- FxPro MT4.
- FxPro MT5.
- FxPro cTrader.
- FxPro Markets.
They differ in a platform, that is used for trading, but terms doesn’t vary significantly. The minimal deposit and the leverage are the same. Spread on MT4 account is 1,2 pips, on MT5 — 1,4, on cTrader — 0,3, on Markets — 1,2. Fixed spread is available only on MT4 account. And only this type has both Instant and Market execution, all the rest have Market execution. On cTrader and Markets accounts there is no leverage for spot indices.
Also, there is a difference in the list of available trading instruments: the biggest choice is on MT4 one, and the smallest — on cTrader one.
Furthermore, there is a Premium account, but to get details about it, you should fill in a special form on the website, and after this, manager will contact you.
Available instruments
A client can trade using:
- 69 currency pairs;
- 6 spot metals;
- 10 spot indices;
- CFDs (on stocks, energy, agricultural commodities and other).
Trading terms
FxPro offeres competitive terms:
- min deposit — 500$;
- max leverage — 1:500;
- accepted currencies for account opening: USD, EUR, GBP, JPY, PLN, CHF, AUD.
Specific of order execution
FxPro guarantees 100% transparency in transactions. And these are not empty words. Orders are executed anonymously, dilling center doesn’t interfere with this process. In 1 second more than 7000 orders are being executes, so, the majority of them are executed faster than in 42 ms.
Advantages
The pluses of work with this company are:
- high level of safety;
- fast order execution;
- educational materials.
