Table of Contents
About FxPro :
FxPro Trading Platforms
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The FxPro Financial Services LTD. It is duly licensed and well-regulated by CySEC. In 2007, the EU market took effect in terms of the financial instrument directive. It enables the company that Cyprus regulated to give investment services in various parts of Europe, provided they belong to the European Union. The company has acted as a prime bridger to the mother company, and it could not provide any services related to brokerage, nor could it hold its clients’ funds until June 2012.
The brokerage gives traders an option between the MT4 and cTrader trading platforms. The clients using the MT4 PF from the MetaQuotes Software were chosen for the web-based option and other mobile versions. The firm’s Platform offers ECN traders the best price for the volume weight average or VWAP. The cTrader is very much suited to the cAlgo, a kind of algorithmic trading PF that enables users to make trading robots and then run them using the cTrader to automate the whole process.
When 2013 started, the firm joined some marketing algorithmic trading in the retail sector. They have introduced Quant, a web-based technique for the MT4 PF that will enable the user to make their trading robots, which they will call advisors. This is just a drag-and-drop method, which can be downloaded using the firm’s EA Library. Compared with the cAlgo, quantum will need some knowledge based on the C#. This will help users develop an automated method using technical indicators and operators that require logic even without coding skills.
The FxPro MT4 Download
The MetaTrader 4, or the MT4, has established itself in the industry through the standards. It comes with a mixture of user interface and an easy-to-customize environment rich with features. The PF gives a trader everything to chart the assets, handle their positions, and even place orders. Moreover, it has an advantage in trading infrastructure with a competitive price. Even better, the pricing comes from the Forex Agency model execution, which is one of the most prominent mixtures in terms of online currency trading.
Please download the fxpro mt4 demo
FxPro offers the MetaTrader platform (MT4/MT5) for use across different account types, each tailored to varying trading experience and capital investment levels. The Standard Account, designed for traders with an initial deposit of $100, provides leverage up to 1:200, with spreads on major currency pairs like EURUSD starting from 1.2 pips and averaging around 1.5 pips. For commodities like gold, spreads start at 25 cents; for Bitcoin, they begin at $30. The account supports trade sizes from 0.01 lots and includes a swap-free option for Islamic accounts.
The Raw+ Account requires a higher initial deposit of $1,000 and is suited for traders seeking tighter spreads. It offers spreads from 0 pips on major currency pairs, with an additional commission of $3.5 per side. Gold spreads start at 10 cents, and Bitcoin spreads from $15. Like the Standard Account, it allows for trade sizes from 0.01 lots and offers the same leverage and margin call/stop-out levels. The Raw+ Account also supports swap-free options.
For more advanced traders, the Elite Account is available. This account requires a significant initial deposit of $30,000 within two months. It features the same tight spreads and commission structure as the Raw+ Account but includes additional benefits like rebates starting from $1.5 per lot traded. All account types can be accessed via the MetaTrader platform, making it a versatile option for various trading strategies and capital levels.
Standard Account Overview
- Initial Deposit Requirement:
- $100 minimum deposit
- Leverage Offered:
- Up to 1:200 (1:10k for Pros)
- Charges and Costs:
- FX Spreads: Starting from 1.2 pips on major pairs (EURUSD, GBPUSD, USDJPY)
- Average Spread: 1.5 pips for major pairs
- Gold Spreads: Starting from 25 cents, the average spread is 30 cents
- Bitcoin Spreads: Starting from $30; average spread $40
- Trade Size:
- Minimum trade size of 0.01 lots
- Margin Call/Stop Out Levels:
- 60% / 50%
- Platform Availability:
- MT4/MT5
- Swap-Free Option:
- Available for Islamic accounts
Raw+ Account Features
- Initial Deposit Requirement:
- $1,000 minimum deposit
- Leverage Offered:
- Up to 1:200 (1:10k for Pros)
- Charges and Costs:
- FX Spreads: Raw spreads starting from 0 pips with a $3.5 commission per side
- Average Spread: 0.2 pips for major pairs
- Gold Spreads: Starting from 10 cents, the average spread is 15 cents
- Bitcoin Spreads: Starting from $15; average spread $20
- Trade Size:
- Minimum trade size of 0.01 lots
- Margin Call/Stop Out Levels:
- 60% / 50%
- Platform Availability:
- MT4/MT5
- Swap-Free Option:
- Available for Islamic accounts
Elite Account Benefits
- Initial Deposit Requirement:
- $30,000 within 2 months
- Leverage Offered:
- Up to 1:200 (1:10k for Pros)
- Charges and Costs:
- FX Spreads: Raw spreads starting from 0 pips with a $3.5 commission per side
- Average Spread: 0.2 pips for major pairs
- Gold Spreads: Starting from 10 cents, the average spread is 15 cents
- Bitcoin Spreads: Starting from $15; average spread $20
- Rebates:
- Rebates starting from $1.5 per lot traded
- Trade Size:
- Minimum trade size of 0.01 lots
- Margin Call/Stop Out Levels:
- 60% / 50%
- Platform Availability:
- MT4/MT5
- Swap-Free Option:
- Available for Islamic accounts
The FxPro MT5
MetaTrader5, also known as MT5, is a very influential platform with an all-in-one feature that gives you everything you need when trading. As it continues with its ancestors’ awe-inspiring legacy, MT5 has a powerful and simple-to-use feature that lets you easily personalize the layout that fits into your trading style.
FxPro cTrader Review
The cTrader is a type of forex trading platform made by a company from London. It stands out from the rest of the platforms available today because it was made for the ECN Brokers. When it was launched along with the FxPro, the cTrader became the Platform of the trader’s choice. It was created to fill in 2 jobs: 1 is trading, and the other is charting. When it comes to the Platform’s look, it is simple to use and easy for the user to see. It was said to be a clog-friendly PF, and the layout was made. Those who have made this PF made an effort to make sure that it will be simple for the users to use, especially for those who have tried using the MT4, which is quite complicated to use, and it will take hours for one to be able to memorize the PF.
The proper execution of trades
The left part of the PF has an upended column with a list of all the currency pairs. You click any of the pairs, and then the quote will spread out; thus, you can place the order immediately.
FxPro Pending orders
Making a profit and preventing losses can be done quickly through the chart. All you need to do is drag and drop all the boxes that may be seen when you go over the mouse through the chart. You can easily do that. You can easily place new orders in the new order tab, too. There is no need to cancel or stop anything anymore. Losing will not be a problem anymore. The PF will auto-cancel everything. But it would help if you were careful with your options as well. You need to ensure that every part of the order is appropriate in size. All pending orders that will show off will appear on the chart so you can track the orders and sizes. You can stop the orders from being generated when you right-click the open chart.
The cTrader is a trading platform based in London. It is one of the best in the Forex industry since the day it was introduced to traders. It was the primary choice in some leading brokers’ platforms, including Pepperstone, Admiral Markets, and Liquid Markets. Traders have been specially designed to fill in 2 jobs: the first is the processing of trades, and the other is charting. It has been clean and excellent when it comes to the visual aspect. The layout is just so clean that it is nice to perceive. The designs ensure that the whole Platform is spontaneous and straightforward to use.
cTrader Review video:
Execution of Trades
The left part of the platforms has an upright column with a database of currency pairs and from bids or quotes, close to the design of the MetaTrader’s window. You can just hit on any of the pairs & the quotes will expand. Thus, it will enable you to put some things in order. Upon getting across the column, you will click the option in a single or double that, depending on the quotes’ buy or sell. You will be able to submit a market order instantly. The information about the executed command will come up at the display’s upper right, making it pleasant, too.
Pending orders
You can easily earn and stop losing. This can be tuned instantly when you use the drag-and-drop options that may be visible when you use your mouse at the chart’s open position. You can also do this when you put the order in the place of the new order tab. There is no need to work on it manually; You can use the stop loss and the get profit options, and the others will be canceled automatically. But it would help if you were very careful since you do not want to commit any mistakes. All pending orders can be found easily on the chart; there is no need to worry because you can monitor the orders and every transaction there may be.
FxPro Charting
The tools meant for charting are simple to use. cTrader offers a mufti-chart, free charts, and single charts just so their clients can have charts that are easy to use. There is no problem with detaching the charts in their distinct window outside the Platform. Because of its neatness, it is detached from the taskbar at the bottom-most part of the Platform. Every chart has its color settings, which can be easily altered from the usual red and green on a black background and easily personalized depending on how you like it. The color settings will start with the default view whenever you open up a new chart. If you want a unique color for your page, you can change it through the charts you will open up. When you shut the Platform down, it will open up precisely as you closed it.
In terms of the charts, you can easily use them to enjoy the Platform. The cTrader has a multicart system and free and single charts. You can check the charts; they are arranged neatly. You can easily attach or disconnect a chart to a different window outside the PF. This is a straightforward manner, and that is because detaching the chart can make its tab at the taskbar of the screen. Every chart has a color setting that can be altered from the typical green and red colors with a black background. You can personalize it the way you want. But be sure to put it in their settings since it will always start with a default page whenever you open a new chart. The Platform will open the page how you have closed it, so there is no need to worry that any unsaved changes will be removed.
Trading
Regarding the trader, cTrader has been checked through the demo account. Those who have tested it for exceptional executions find it easy. This is so because the Platform is mainly meant for ECN brokers, which means you can expect fair and effortless execution, which will be your advantage. Regarding the trader, there is a demo faint that can be used. It’s which willimple to use. Since the Pf was made to be used with the ECN brokers, you have to expect that there will be a similar execution, which is an advantage for the user. It will give you an accurate market workup, which is good in the first place.
Some special features
The Pf was made to be used by brokers without the no-dealing desk or even actual market trading. That means you will be an actual counterparty when you buy and sell any instrument. The off offers features to ensure this will be implemented by those interested.
FxPro Features
The Platform was made for traders to use, and it has no dealing desk and only actual marketing trading. This is so that buying and selling instruments should be simple and honest regarding the counterparty. To work in this market more efficiently, the platform has some properties that many traders will surely like. Some added features make it even better than its counterpart, which is ider.
The cons
The only downside of the Platform is that you cannot see the stop from the left part of the screen’s tab. Even if it is not inconvenient, it is still not very visible to the user.
The downside
There is a good and bad side; for the cTrader, there is a downside, which is just minimal compared to the other PFs. You cannot enter a stop order from the orders option on the screen, but of course, use the right-click to stop the order from taking place. It is not a real hassle unless, of course, you are actually merging order kinds and just watching the extent of the market.
Decision
In the view of an active trader, this will be simpler to use and more flexible than MT4 or any other PF online. It is simple to use, and there is no eyesore to catch your interest. The visuals are sleek, and you can see that the company has invested time and energy in making it the way it is now.
Finconclusionr’s eye shader and the Platform are so easy to. It is also flexible compared with MetaTrader useer4 or any other Platform that functions just the same. It is pleasing to the eyes, and there is in the Platform that can be an eyesore. The company has invested time, energy, and money in making this perfect for everyone.
He is an expert in financial niche, long-term trading, and weekly technical levels.
The primary field of Igor's research is the application of machine learning in algorithmic trading.
Education: Computer Engineering and Ph.D. in machine learning.
Igor regularly publishes trading-related videos on the Fxigor Youtube channel.
To contact Igor write on:
igor@forex.in.rs
