The
Company
FxPro is an
award-winning pure NDD broker that offers trading in on a range of instruments,
including currency pairs, shares, spot indices, futures, spot metals and spot
energies, on a selection of trading platforms. It provides its clients with
access to top-tier liquidity, excellent trading conditions and the highest
level of customer protection possible, including negative balance
protection.
What is
more, FxPro demonstrates a long-term commitment to transparency, as it
regularly publishes trades execution statistics (slippage & requotes data).
This brokerage is excellent choice for both savvy and novice traders. Beginners
can take advantage of the broker's educational resources – video tutorials,
webinars, live hangouts, etc. For more advanced traders, there are additional
analytical tools like Trading Central and Autochartist.
FxPro is the
collective brand name of FxPro UK Ltd., an entity regulated by the UK Financial
Conduct Authority (FCA), and FxPro Financial Services Ltd., which is licensed
by the Cyprus Securities and Exchange Commission (CySEC) and the Financial
Services Board (FSB) of South Africa. In October, 2017 the broker was granted a
license to operate in the UAE from the Dubai Financial Services Authority
(DFSA). Both FCA and CySEC apply certain rules and requirements to regulated
firms, thus ensuring a good level of credibility. Cypriot and UK brokers must
hold at least €730 000 in order to prove their good financial standing, and are
required to keep customer funds in segregated accounts, separated from the
company’s operating funds.
As a further
guarantee to clients’ funds, all companies regulated in UK and Cyprus are
covered by compensation schemes as additional guarantee to clients’ funds. All
deposits with a UK regulated forex broker up to £50,000 per client
are guaranteed by the Financial Services Compensation Scheme (FSCS) - UK’s
statutory compensation scheme for clients of authorized financial services
companies. Similarly, Cypriot Investment Firms are members of the Investor Compensation
Fund, which is able to pay compensation up to 20,000 EUR, If the company is in
default. What is more, FxPro Financial Services Limited is also licensed
by the Financial Services Board (FSB) as a Financial Services
Provider. South Africa is lately gaining popularity as a forex broker
destination.
Company
Overview
Company Name
|
FxPro Group Limited
|
Headquarters
|
13/14 Basinghall Street , City of London , EC2V 5BQ , United
Kingdom
|
Website
|
www.fxpro.co.uk
|
Regulation
|
Cysec , FCA , FSB , BaFin
|
Trading Instruments
|
Forex , Futures , Indices , Shares , Metals , Energies
|
Trading Platform
|
MT4 / MT5(desktop , mobile) , cTrader
|
Deposit /
Withdrawal
|
Visa/Mastercard , Neteller , Skrill , Paypal , Bank Transfer
|
Bonus
|
No Bonus
|
Services
|
CashBack , VPS , FxPro Quant
|
Customer Service
|
Live Chat
|
Trading
Accounts
Account
type/Platform
|
Minimum
deposit
|
Minimum
trade size
|
Maximum
leverage
|
Average
Spreads
|
Execution
type
|
MT4
|
$100
|
0.01
|
1:500
|
fixed 1.6
pips
variable 1.4 pips |
Instant
market |
MT5
|
$100
|
0.01
|
1:500
|
1.4
pips
|
Market
|
cTrader
|
$100
|
0.01
|
1:500
|
0.3 pips
+$4.5*
|
Market
|
*Commission
is calculated per standard lot of 100 000 currency base units (per side).
Depending
on the trading platform used, FxPro offers three basic account
types – MT4, MT5, and cTrader (NDD). All three account types offer dynamic
leverage up to 1:500 and micro tradeable lots. Besides, FxPro offers its
in-house built FxPro Markets platform.
In addition,
the brokerage provides swap-free (Islamic) accounts to clients of the
Muslim faith, as well as VIP services to high-net-worth individuals and those
actively trading large volumes. VIP clients benefit from free VPS service, no
deposit fees, and receive trade recommendations, exclusive news reports and
margin level alerts via email and SMS.
*Risk
Warning: Forex and CFD trading involves significant risk to your invested
capital.