FxPro: A Closer Look at the Brokerage Firm
6 views
Skip to first unread message
eToro Copy Trading
Apr 26, 2023, 9:24:19 AM4/26/23
to eToro Copy Trading
FxPro is a Cyprus-based online forex broker with a spotty history, but it has taken steps to improve its reputation. Despite lacking the trustworthiness found in other brands like eToro, the broker has managed to amass a large client base of over 870,000 users. With low fees, excellent trading platforms, and a suite of powerful tools, there’s still plenty to like with FxPro.
FxPro has been in the industry for more than 15 years, during which it has assisted traders in executing over 370 million orders and accumulated over €100,000,000 in tier 1 capital. The brokerage is owned by the Cyprus-based FxPro Group Limited, which is one of the top brokers in Cyprus, home to about 150 competing online forex brokerages.
FxPro offers CFDs on forex, indices, shares, spot metals and energies. It is a no dealing desk broker that has gained a reputation for its overall great service and competitive prices. The company has won over 70 international and UK awards in the past 15 years, including 10 awards for the best forex broker of the year, making it the No. 1 online forex broker in the world.
FxPro is an ECN broker that provides clients direct access to other participants in the forex market, which can result in better prices for users. The company is regulated by the Cyprus Securities and Exchange Commission (CySec), the Financial Conduct Authority (FCA), and the Financial Sector Conduct Authority (FSCS), which means that three tier-1 regulators keep a watchful eye on this brokerage.
The brokerage also provides negative balance protection, meaning that your account balance cannot drop below zero, and you will only lose the money you put in. While FxPro's education offer could use a lot of work, its customer support is truly laudable and the somewhat unimpressive selection of research resources is supplemented by Trading Central, a reputable research and news provider.
In conclusion, FxPro is a brokerage firm with a fantastic offer for traders, but it has had some suspicious activity in the past. However, the company's efforts to improve its reputation have been fruitful, as it continues to attract a large client base. With low fees, excellent trading platforms, and a suite of powerful tools, FxPro is definitely worth considering for traders looking for a reliable online forex broker.
FxPro has been in the industry for more than 15 years, during which it has assisted traders in executing over 370 million orders and accumulated over €100,000,000 in tier 1 capital. The brokerage is owned by the Cyprus-based FxPro Group Limited, which is one of the top brokers in Cyprus, home to about 150 competing online forex brokerages.
FxPro offers CFDs on forex, indices, shares, spot metals and energies. It is a no dealing desk broker that has gained a reputation for its overall great service and competitive prices. The company has won over 70 international and UK awards in the past 15 years, including 10 awards for the best forex broker of the year, making it the No. 1 online forex broker in the world.
FxPro is an ECN broker that provides clients direct access to other participants in the forex market, which can result in better prices for users. The company is regulated by the Cyprus Securities and Exchange Commission (CySec), the Financial Conduct Authority (FCA), and the Financial Sector Conduct Authority (FSCS), which means that three tier-1 regulators keep a watchful eye on this brokerage.
The brokerage also provides negative balance protection, meaning that your account balance cannot drop below zero, and you will only lose the money you put in. While FxPro's education offer could use a lot of work, its customer support is truly laudable and the somewhat unimpressive selection of research resources is supplemented by Trading Central, a reputable research and news provider.
In conclusion, FxPro is a brokerage firm with a fantastic offer for traders, but it has had some suspicious activity in the past. However, the company's efforts to improve its reputation have been fruitful, as it continues to attract a large client base. With low fees, excellent trading platforms, and a suite of powerful tools, FxPro is definitely worth considering for traders looking for a reliable online forex broker.
Reply all
Reply to author
Forward
0 new messages