FxPro is a brokerage company that owned by Euro Orient Securities and Financial Services Limited an investment firm that is incorporated in Cyprus. It is regulated by the Cyprus Securities and Exchange Commission, which is the supervisory authority of the financial services industry in Cyprus and which is in turn a member of the Committee of the European Securities Regulators.
In addition, FxPro through its parent company owns cross border licenses for providing investment services in the United Kingdom, France, Germany, United States and many other countries. What this means is that FxPro is well regulated in above-mentioned countries.
FxPro through its trading platform offers institutional level trading conditions with the latest market news and a helpful forex learning center. The convenient features available in its trading platform create an exceptional user experience.
The market position of Fx Pro is greatly enhanced by the fact that it a member of several professional bodies such as Cyprus International Financial Services Association, Cyprus Chamber of Commerce and Industry and the Cyprus Financial Services Firms Association.
A demo account facility is available
Using FxPro you could trade in 150 financial instruments which include forex currency pairs, futures, stocks and precious metals. Specifically you could trade in more than 70 currency pairs. Interestingly the spreads start from only 0.5 pips on the most widely traded currency pairs.
The minimum amount required to open an account is only $100 and the leverage offered is 1:500 starting from 1:1. An interesting feature is that no margin whatsoever is required for hedging your position on the same currency pair with FxPro.
FxPro offers a premier online trading platform known as MT4 Trading Platform. This platform offers the most advanced trading conditions for CFDs and spot forex, futures, stocks and spot precious metals.
The most interesting features of this platform include firm pricing, quality trade execution, speed and control with sufficient market depth, together with real time trade display. Simultaneously the platform also offers you a comprehensive suite of forex analytics. Overall the Fx Pro platform is user friendly and is readily downloadable from the website.
For the trader who is always on the move, customized MT4 software compatible with mobile or smart phone is available.
FxPro offers live 24/5 support which is available through email, phone or online chat. Their support services are available in several languages and there are webinars conducted from time to time for customer benefit.
Site design and ease of navigation
The site is well designed and visually attractive.
The Dow Jones Newswire service offered is of great help to the trader.
Competitive spreads, flexible leverage and high quality of trade execution are some of the good features of this trading platform.
There are some negative comments on FxPro in some forex forums by individual traders.