What is FxPro cTrader? Leading Forex and CFD broker. Review includes cTrader and Webtrader platforms and direct login MT4 integration.
FxPro is a world leading online forex and CFD broker. The brokerage facilitates 24/5 trading with 6 different asset classes and over 260 different financial instruments.
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This review of FxPro will look at both the benefits and the drawbacks, including trading platforms, demo accounts, fees and additional trading tools, before wrapping up with a final verdict.
What is FxPro cTrader?
FxPro cTrader allows you to trade with access to the full depth of market, as well as to volume information per instrument.
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For those seeking Market Execution and an added level of market resolution, cTrader has everything you need from a forex trading platform, and more.
FxPro cTrader Desktop
Key features: Spreads from 0 pips, Full market depth, No restrictions on stop/limit levels, Full Market Execution
Download FxPro cTrader for PC: http://fxpro.ctrader.com/ctrader-FxPro-fxpro-setup.exe
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FxPro cTrader Web
FxPro cTrader Web brings all the benefits of true ECN trading right to your browser. Now you can login to your cTrader account wherever you are, without having to install any software.
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Take advantage of FxPro’s trading advantages, with full market depth and trade volume information, open and close positions with a single click and never miss another opportunity again.
Visit FxPro cTrader Web: http://ct.fxpro.com/
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FxPro cTrader Mobile
Try the cTrader mobile application and experience trading on the go. Now you can access your cTrader accounts from any iOS or android device and benefit from the same ultra-low latency trading infrastructure that FxPro prides itself on.
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Download FxPro cTrader for Android and iOS:
- https://play.google.com/store/apps/details?id=com.fxproctrader.ct
- https://itunes.apple.com/app/fxpro-ctrader/id838925664
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History
Volume and experience account for a lot, and FxPro promises both. The brokerage came to life in 2006 and has since asserted itself as a leader in the forex space.
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It has expanded to offer direct trading to customers from over 170 countries. Along the way the company has picked up over 85 prestigious international awards.
Their expansion has also led to the creation of offices in London, Cyprus and the Bahamas. Note FxPro Financial Services Limited is actually owned by the FxPro Group Limited.
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FxPro Group Limited is the holding company of;
- FxPro UK Limited, authorised and regulated by the Financial Conduct Authority (registration no. 509956).
- FxPro Financial Services Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07) and authorised by the Financial Sector Conduct Authority (‘FSCA’) (authorisation no. 45052).
- FxPro Global Markets Ltd, authorised and regulated by the SCB (license no. SIA-F184).
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Furthermore, traders from the UK and the EEA are protected under the Financial Services Compensation Scheme (FSCS) and Investors Compensation scheme respectively.
If you register for the FxPro trading system there is a reasonable chance you will have come across their sponsorship of sports teams and events, including Fulham, Aston Villa and Watford FC in the past.
The partners, and over 200 employees continue to back local communities with their revenue.
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FxPro Facts & Figures
Multi-Award winning broker. Specialising in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.
– Instruments: CFDs on Forex, Metals, Indices, Energies, Futures Shares
– Demo Account: Yes
– Min Deposit: $100
– Payment Methods: Credit Card, Neteller, PayPal, Skrill, UnionPay, Wire Transfer
– Min Trade: 0.01 Lots
– Regulated By: CySec, FCA, SCB, FSCA
– MT4 and MT5: Yes
– CTrader: Yes
– ECN, STP, DMA Account: No
– Mobile Apps: IOS, Android and Windows
– Margin Trading: No
– Auto Trading: Allowed
– Social Trading, Copy Trading, Trade Signals: No
– Islamic Account: Yes
– Account Currencies: USD, EUR, GBP, AUD, JPY, ZAR, CHF
CFDs
– FTSE Spread: 1.58 Pts (Ave)
– GBPUSD Spread: 2.39 Pips (Ave)
– Oil Spread: 0.07 (WTI Ave)
– Stocks Spread: Variable
– Leverage: 1:200
FOREX
– GBP/USD Spread: 2.39 pips (Ave)
– EUR/USD Spread: 1.58 pips (Ave)
– EUR/GBP Spread: 1.74 pips (Ave)
– Assets: 430+
CRYPTOCURRENCY
FxPro offers retail cryptocurrency CFD trading on 18 of the most popular tokens in the DeFi world.
– Spread: Variable
– Coins: BAT, BCH, BTC, DOG, DOT, DSH, EOS, ETC, ETH, IOT, LNK, LTC, NEO, XLM, XMR, XRP, ZEC
Markets and Instruments
Customer review and ratings are positive of the breadth of products on offer. Users can trade in;
- Stock CFDs – 2000+
- Futures – 24 contracts
- Spot Metals – 7 precious metals
- Spot Energies – 3 energy commodities
- CFDs for Currency Pairs – 70 FX pairs
- Market Indices – 19 spot market indices
- Cryptocurrency CFDs – 18+ (non-UK only)
The broker’s extensive selection of global stock CFDs is particularly impressive. Clients can diversify their portfolios with assets from a range of industries and countries.
Note you cannot trade in binary options and spread betting is only available to UK customers.
FxPro cTrader Trading Platforms
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MetaTrader4 and MetaTrader 5
Once you have your direct account login details you can choose from a number of trading platforms. FxPro offers the industry standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Head to the official website for a link to instantly download both platforms.
Both systems receive glowing customer reviews, promising reliability, multiple order types and negative balance protection. Furthermore, they support automated trading through Expert Advisors (EAs).
Their diversity also means they will work for trading on the news, scalping systems and with other techniques.
In addition, you can now use MT4 WebTrader to log in to all accounts whatever your location. You can also download Autochartist as a plugin to benefit from their advanced trading tools.
Although whether MetaTrader systems are good or bad will depend on who you ask, the majority of traders agree they are comprehensive, thorough and more than capable of meeting the needs of most users.
Head to the FxPro Trading Academy to find MetaTrader 4 tutorials for Mac and Windows users.
FxPro cTrader Feedback
Feedback from the cTrader users is also fairly positive. The free cTrader system platform download was designed for CFD traders. As a result, you can place orders while retaining a clear view of market depth.
The platform will work for Mac users and on Windows desktops. You also benefit from rapid execution speeds.
FxPro cTrader is multi-Award winning forex broker. Specialising in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.
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