Fx Pro Broker Review for Forex Trading

When we operate in Forex we have an immense diversity of brokers who offer us to operate in their platforms to maximize our profits and benefits depending on the investment we decide to make whether in currencies, raw materials, commodities, stocks, energy or metals.

Fx Pro is one of the leading brokers in the market.

When we talk about choosing the best way to trade Forex, one of the options that must be taken into account when making financial transactions is the use of Broker Fx Pro. This company was founded in 2006 by Denis Sukhotin and has its main office in Cyprus, as well as representative offices in France, Spain, Austria and France. As another leader in the financial area this Broker offers contracts for difference in six different asset classes which allows trading with more than 250 financial instruments.

Fx Pro provides its customers with a wide variety of services in two hundred and fifty countries, among the services that stand out is good customer service Monday to Friday twenty-four hours a day 24/5 in nineteen languages. This company has been recognized by Best Forex Provider, Investors Chronicle & Financial Times Investment, among others.

Fx Pro has free resources to get you started trading Forex

One of the advantages that this Broker offers to new and experienced traders is a completely free training area in which people can discover and study what is happening in the world markets, this as such is very important to manage market trends to make estimates in the near future, these free resources are available every day and are constantly updated to keep the trader informed of the latest news on all economic markets around the world, this tool counts as part of the good customer service offered by this Broker.

Fx Pro Offers Powerful Metatrader 4 Platform for Forex Trading

When we want to make calculations and estimates regarding the currency market is important to have the best platforms to do so, in the case of Fx Pro as many other Brokers offers the powerful tool Metatrader 4 which is used by virtually all users to trade Forex. You can access three different types of charts and have more than fifty technical indicators which are very useful to trade in real time being this fully customizable. One of the advantages that Fx Pro offers when using MT 4 is that the operations are performed without partial executions, the Slippage is positive for the clients and the microlots are available.

This Broker also offers the new platform Metatrader 5

Although the use of this other platform to trade Forex is already available, the use of Metatrader 4 has not diminished much, however Fx Pro has taken the lead to offer its clients this other powerful platform to trade Forex, the use of MT5 will be the evolution of financial trading in a few years, this platform offers new features that surpass MT4.

With this trading platform you can deploy up to 21 different time frames along with the possibility of having a hundred different charts which can be opened at any time, the charts are more advanced than in MT4 to perform market analysis and at the same time this powerful and intuitive platform allows you to customize its design to suit the style of trading that each person has.

You can use the mobile platform offered by Fx Pro

The world is in constant evolution and people not only limit themselves to perform financial operations from desktop computers or laptops, they also make use of smartphones and tablets to operate in Forex for which Fx Pro makes available to the user its mobile platform through which financial operations can be performed.

You can also have control of the financial markets in real time as long as you have a good Internet connection, so even when a trader is traveling or this holiday can trade from the comfort of your smartphone or tablet on Forex without any inconvenience. This platform is combined with the use of Metatrader 4 for mobile devices so you can carry out financial operations in complete safety and very comfortably.

You can trade Forex from Fx Pro with the cTrader platform

Another of the best platforms most demanded by traders to trade Forex for its power and flexibility is cTrader which is specifically designed for trading from this broker, this platform allows traders to send orders with interbank spreads to the market while adding all available levels of liquidity until the order that was sent is fully completed. In this way you can make use of the tightest spreads from zero pips on the most liquid pairs that exist at any given time. The most striking thing about cTrader is the unrestricted interbank liquidity at limit order levels allowing full execution at the market level.

Fx Pro also offers the Markets platform

With the Markets platform a trader has many asset offers with superior performance and very competitive prices, you can have full access without any restrictions to the market regardless of the location from which you access whenever you have a good Internet connection, can only be used from desktop computers or laptops as it does not have available a mobile version.

Fx Pro offers multiple platforms to trade Forex as explained above, each one adapts to the needs of each trader, all are very powerful when making investments, this Broker has a very simple interface like eToro, it’s just a matter of practicing and getting used to its functions.

Fx Pro Tools

This Broker offers diverse tools which are very useful to carry out financial operations, many traders that operate in this platform use them daily by the great quality that each one of them possesses, to operate in Forex without tools to make calculations and estimations is like walking blind for which always it is necessary to take into account its use.

The tools offered by this Broker are the following:

• Forex Economic Calendar: This calendar offers a list of all the important economic events that will take place, the information foreseen for the following hours, days, weeks or months can be visualized in real time; previous economic data is also available and the effect they can have on the market.
• Corporate Facts and Schedule of Results Presentation: With this other tool you can have information about the actions of companies, is expressed in a report of earnings and corporate actions and can increase up to five times the normal percentage. According to Fx Pro the publication of these data is subject to change without notice.
• Market Vacations: Here you can have detailed information about the next market closings for a certain financial instrument.
• Real-time Spreads Comparison: This Broker’s clients can make comparisons of Spreads and interbank liquidity pools thanks to the advanced algorithms of his platform. Spreads can be compared in intervals of five minutes, thirty minutes, one hour, four hours and one day which is really useful for a trader.
• Fx Pro Calculator: With the calculator offered by this Broker you can get accurate results, the trader should adjust the levels of stop loss and profit taking to determine the results easily.
• Investor Control Panel: This panel offers an easy way to get a quick view of what happens in the economic market in real time, its use is completely free and serves as a complement to the charts and thus have a better perspective of the market.
• Algorithmic trading: This functions as a remote device to automate the trader’s investments keeping the trading terminal constantly running and automating the investment operations through a VPS server to keep the operations safe.
• Fx Pro tool for mobile: The mobile tool includes the control panel, economic calendar, calculator and a section of the official Fx Pro blog.
• Technical Analysis: This broker is associated with the company Trading Central which is a provider of technical financial analysis, the employees of this company are certified professionals who help to have coverage of technical strategies.

How to open an account at Fx Pro

To open an account in Fx Pro proceed as follows:

1. Go to the official Fx Pro website.
2. Once you are on the main page you should press the Open Trading Account
3. Then complete the registration form and click Submit.
4. In the email that has been registered you will receive an email with the credentials to enter the account.
5. Once you are logged in with the username and password you received you must proceed to download the platforms that will be used to trade Forex.

This Broker offers the opportunity to open a joint account in which several users can trade through the same user but to do this each person who is going to participate in the account must first open a separate FxPro trading account and then proceed to fill out the joint account application form. On the other hand for companies can also open a corporate account and thus operate as a legal person, to open this account must provide tax information of the business along with the data of the legal representative, the accounts offered by this company have leverage ranging from 1:1 to 1:500 maximum. If you are a resident of a European Union country by ESMA measures the maximum leverage for any Broker you use is 1:30 and this limit ranges from 1:2 to 1:30 depending on the assets you use to trade.

Types of accounts offered by this Broker

• Demo account: This is a demo account to test the functions of the platform, it is also ideal for people who are starting to trade Forex in a risk-free environment, this account is completely free and can be used to practice in real time on the platform.
• Investment Account: With this account you can trade anonymously using the best spreads on the market with negative balance protection and instant executions available.
• Premium or VIP accounts: These accounts are exclusive for traders who have and mobilize large assets and large volumes of money, with this account you can enjoy a support service for trading strategies and can only be opened with amounts of money over 50,000 dollars. Among the advantages offered by this type is that no commissions are charged for deposits and withdrawals, the trader has his own assigned account executive, will have a completely free VPS service and will have daily market information along with exclusive upcoming events.

Free Fx Pro webinars, seminars and trade shows

It is completely innovative that every week this broker makes available free webinars to help traders deepen their knowledge regardless if they are experts or beginners in making financial investments, these webinars take place several times a week and users can attend them live, once the webinar finishes the video is uploaded to the official channel of the Broker to be available to all people.

Seminars are offered regularly in different cities worldwide so that people know the technology they provide to operate and are kept informed of the most important news in the world of trading, also offer fairs in which exhibitions are presented and the staff of this company speaks directly with customers to know them better and interact with them either to answer questions they have or make exhibitions that are of interest to the general public.

Tarjeta de revisión

Autor

Leonardo Muñoz

Post valorado

Fx Pro Broker Review for Forex Trading

Valoración del autor

5