The internationally active CFD and forex broker FXPro can now offer its services in more than 100 countries and its benefits. Is outstanding, above all, the offer, the broker can make in the different trading platform. Our FXPro experience has shown that traders can use many advantages with the broker.
A positive feature is immediately apparent that FXPro has extremely many trading platforms offer. Overall, traders are not allowed to less than ten trading platforms that provide the broker available. Another highlight, the customer can use at FXPro, is attainable, 24 hours customer service. In addition, the customer speaks more than ten languages, including German.
5 arguments for FxPro
- ten usable trading platforms
- Customer Service around the clock attainable
- with 1: 500 very high maximum leverage
- more than 50 currency pairs are tradable
- Spreads starting from zero pips (depending on the account type)
1. Regulation: FxPro as a regulated broker
During our FXPro experience we have found that the broker may be distinguished among other things by rapid growth. The foundation took place in 2006, where the broker is headquartered in Cyprus. In Cyprus FxPro is also regulated, from the local financial supervisory authority CySEC. However, the authority in Cyprus is not the only oversight that monitors the broker, but FxPro is also in the UK regulated by the respected Financial Conduct Authority (FCA). If only because of this fact can be assumed with a high degree of certainty that there are no irregularities expressed or casually, FXPro fraud — — in providing the service to the customer are. Meanwhile, at the broker employs whose clients incidentally also benefit from deposit insurance. More than 150 people amounts to the trading account are up to 20,000 Euro hedged.
Conclusion: The question of whether or FxPro fraud is serious, unnecessary in view of the facts for the regulation. So the broker will be regulated by its headquarters in Cyprus by the Financial Market Authority of the country. The regulation is, inter alia by the FCA, when it comes to the supervisory authority of Great Britain.
2. Trade Offer: Forex and CFDs tradable
Primial provides FxPro trading on Forex. In this area, the trader has the ability to trade more than 50 currency pairs. This selection is not one of the most extensive, which can be found, but the
- EUR / GBP
- AUD / USD
belong to a well-stocked supply. Numerous exotic currency pairs to find and offer the traders enough freedom to find numerous trading opportunities and implement their own trading strategies. In addition is also possible to act on the path of CFDs among other commodities such as gold or oil. In this area, the broker offers its customers numerous underlyings that can be successfully used as possible to act.
Conclusion: the focus lays on FxPro trading currency pairs and provides in this regard over 50 tradable values. While trade in CFDs is possible with the broker and be recognized as underlying assets shares, indices or commodities available.
3. Trading Conditions & Minimum deposit: trading from 500 euros
Among the important trading conditions includes, but is the maximum leverage which the broker FXPro at 1: 500 is. Moves the exchange rate, to which the trader has speculated so in the right direction, ultimately can be achieved a profit of 500 percent on capital employed, if the exchange rate is only changed by one percent. In the course of an agency model, the Broker’s clients to trade even offer already from 0 pips. The mobile trading is also both
- per iPhone
- my iPad as well
- per Smartphone
possible. With the so-called 1-Click Trade, the customer can at broker FXPro trade directly from the chart. The minimum deposit is the Broker at 500 euros, or this amount in another currency trading account. After the minimum cash out of trading through traditional trading account can begin. For professional traders who manage multiple accounts, the Pamm account is created. The Super Trader account is designed for investors. Furthermore, a VIP Account variant offered, which is tailored to the needs of traders with high net worth.
Conclusion: The Broker FxPro operates on the Agency model and this means that the order fees are calculated in the form of commissions and spreads begin already at 0 pips. Particularly noticeable in our test was the maximum leverage of 1 in 500.
4. Trading Platform & Trading app: Lots of food available
First of all, our experience with FXPro were influenced by the fact that we had to deal with the many trading platforms that provides its traders available to the broker. In total, there are ten trading platforms that can benefit the customer. Among other things, this includes broker-own platforms, such as a desktop version and the web-based version FxPro WebTrader.
Among other things, the customers can also use the popular trading software MetaTrader4 use in which it is a world popular trading application. In addition to the MetaTrader 4 is the follow-up version, the MT5 to find. Even if the successor application date could not yet prevail, many followers are also found in this case around the world. The software is available to customers with some additional supplements available. It is of course for FxPro clients also possible on the go mobile with the FxPro app to act.
The mobile trading is both my
possible. The mobile applications are free and make it possible to manage at any time and in any place their own trading account and to make trades. Timing is an important factor for a successful trade. The use of trading app allows savvy traders of almost all places of the events to monitor on the market to trade at favorable price developments. Opportunities must not pass wasted therefore. The technical analysis can be performed with the FxPro app.
Conclusion: FxPro provides its customers with a wide range of trading platforms, which can be found to this extent only in a minority brokers. Altogether ten different applications find which are among other things the MetaTrader 4 and the successor, the MetaTrader. 5 In-house trading platforms can also be found, as a web and as a download version.
The practical trading app supplements the offer makes sense, so that traders who are often on the road, not to give up the trade.
5. Account Opening and bonus: The new account in minutes
The opening of a trading account is at FxPro course free of charge.There are a total of six currencies in which the trade account can be opened. These currencies include inter alia the Euro. Opening an account is running this from the usual way and the first filling out an online request to open proceedings is necessary. In this case, the customer step by step through the application works and submits the form following. Thereafter, the trading account is opened and can be capitalized. All in all, taking account opening only a few minutes to complete. Our test was able to determine that at FxPro currently no bonus is offered neither for new or for existing customers.
Conclusion: In FxPro account opening and account management fees. Overall, the account can be opened in six currencies. Before the first deposit a Postident process is necessary an identity determination is made in the frame. A bonus is currently not available.
6. Demo Account available for three trading platforms
In the Broker FxPro clients are three different demo accounts available, with which you can choose to try out the MT4, the MT5 and cTrader house. The test accounts are free and can be used indefinitely. The demo account is with a maximum of EUR 500,000 be charged in one of the other six currencies or and the lever is free between 1: 1 and 1: 500 selected. Open an account is simple and can be done quickly.
Conclusion: For the MT4, the MT5 and cTrader FxPro offers a demo account, which is for an indefinite time. Opening an account is simple and all applications are then fully prepared to use.
7. Service & Education: Numerous training opportunities available
Particularly positive is noticed in our testing that the broker FxPro its customers an available extensive knowledge and training program provides. These include German-language seminars and webinars that take place at regular intervals and trading Expos, which organizes the broker. «Trading Central» and can be found «Autochartist» For the technical analysis.Even your own MasterCard provides FxPro on.
The contact for the customer can be made by
erfolgen.Die customer support is provided around the clock and there are German-speaking coworkers to find.
Conclusion: In our test, the educational opportunities of FxPro was totally convincing. There you will find webinars, seminars and professional tools for charting and market analysis. The German-language customer support is available around the clock and. By phone, email and live chat.
8. Deposit and Withdrawal: Several methods available
There are various payment options that can be used for a first deposit and for all other payments the customer, including payment methods such as
- Credit card
- Bank Transfer
Conclusion: At the opening of trading account with FxPro is traders can opt for a preferred payment method from the available range of variants. Here, the minimum deposit amounts to € 500. A payout can instruct traders by bank transfer and credit card charge. The duration of the credit to the account varies by payment method.
9. Seriousness: FxPro as a serious, fully regulated broker
In the course of our experience with FxPro we could not detect any signs that you may have to worry about a FxPro fraud. Instead, everything indicates that FxPro is reputable so that customers can rely on the broker. The regulation by the Cypriot and the Financial Services contributes naturally to the fact that irregularities would anyway probably noticed immediately.
In addition, of course, also speaks against an FxPro fraud that he already Broker now more than six years active in the market, and so far still no customers or other trader was, could the broker prove actual fraud. Also the fact that the broker FxPro offers its customers many services and extras that he would not have offered, in principle, speaks in our view, especially for that FxPro is working seriously and builds long-term customer relationships.
Conclusion: At the seriousness of FxPro can be no doubt existence. A clear indication is the Leveling. The broker is regulated inter alia by the Cypriot and the British financial market supervision. Furthermore, has not become about the broker in the past negative known and thousands of satisfied customers around the world can not be wrong.
10. Our conclusion to broker FXPro
1.ten trading platform can be used
2.Customer Service Representative can be reached around the clock
3.the Agency model spreads starting from 0.0 pips
4.maximum leverage of 1: 500
5.traded on 60 currency pairs