The platform is highly customizable, with preset layouts and the ability to save your preferred chart setups so they can be pulled up anytime. If your account remains inactive for 6 months, FxPro charges a one-off maintenance and administration fee of $10 (or currency equivalent), followed by a monthly inactivity fee of $10. The inactivity fee will continue to be charged monthly if the account remains inactive. In our tests for the Trust category, we also cover factors relating to stability and transparency.
FxPro Order Execution Model
- Trading Central is one of the premier services for brokers to outsource capital-intensive, time-consuming analytics and research.
- Although the lack of weekend support may be frustrating, this is common practice among similar companies.
- FxPro tops Forextime, but overall both brokers are considered to be safe from a regulatory point of view.
- FxPro provides daily market updates and analysis on its blog, along with content from third-party providers.
- FxPro filled 98.59% of orders without a requote, 0.66% with a positive requote, and 0.75% with a negative requote.
Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). 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. FxPro competes among the top MetaTrader and cTrader brokers, featuring multiple account options, execution methods, and platforms. It provides its own scammed by xcritical proprietary FxPro Edge app, available for web and mobile, alongside access to the BnkPro app and Invest Web platform.
My Key Takeaways After Testing the FxPro Direct App
Charting on the platform is robust, with a wide range of chart types, time frames, indicators, and drawing tools. My live tests showed that swap fees at FxPro are average for the industry. I performed my tests with a Standard Account, using the FxPro Trading Platform xcritical website and FxPro Trading App.
For UK traders seeking a broker with a strong local presence and comprehensive offerings, FxPro is hard to beat. For more insights on the best brokers in the UK, you can refer to this comprehensive guide on the Best Forex Brokers In UK. With both FXTM and FxPro, Forex traders can choose from a range of popular trading platforms as well as some proprietary software.
What are the withdrawal fees at FxPro?
There are also thousands of shares available to trade in FxPro’s BnkPro app, though it isn’t yet fully available globally. The following table summarizes the different investment products available to FxPro clients. Both brokers are FCA regulated, ensuring a high standard of conduct and protection for traders. However, FxPro has a strong presence in the UK and offers a range of platforms and tools tailored to the needs of UK traders.
More Forex Guides
The FxPro Direct app is available for iOS and Android and allows users to trade, manage their accounts, deposit/withdraw funds, and contact live support. Its minimalistic, user-friendly interface is a refreshing contrast from the MetaTrader 4 app. The web-based interface allows you to access the market directly from your browser. The platform is highly customizable and has popular features such as one-click trading, trading from the chart, news, and alerts. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs.
On the free-commission trading accounts (ECN zero account and Pro account), the FXTM spread starts from 0.0 pips, respectively 1.5 pips on major forex pairs. Even so, there are stringent requirements (minimum account balance of USD 25,000) to benefit from lower spreads. The forex industry giant offers over 2,100 trading instruments, including CFDs on futures and cryptocurrencies, providing an outstanding range of markets to work with. Another unique feature is the FxPro Wallet – an innovative tool that makes it easier for clients to make deposits and withdrawals. FxPro is committed to providing its clients with full trade reporting and support.
Across all mediums, I experienced short wait times, and agents were helpful and knowledgeable. With a lengthy operating history of over 22 years, FxPro is a well-established broker. It is governed by four regulators globally, including the top-tier FCA UK and CySEC. Client funds are held in segregated accounts at global banks like Barclays and Royal Bank of Scotland.