FxPro Group Limited provides Forex brokerage services to clients in more than 150 countries worldwide and strives to uphold its aim of “enabling customers to trade their way to success”. Licensed in both Cyprus and the UK, FxPro is part of a large investment company with access to a multiple top-tier banks and financial institutions.
FxPro.com’s Special FX:
For the novice trader there’s a lot to learn when it comes to the Forex market, which is why FxPro has created an extensive library of tips, guides and tools. Indeed, as well as helping people expand their skill set through education, the FxPro library contains a selection of Expert Advisors which automatically conduct trades for users.
Amongst the features contained within FxPro’s library, there are three standout pieces of software:
FxPro EAs: This feature is a compilation of pre-built, back-tested EAs that will handle all the trading activity on a user’s account.
FxPro Quant: This is a truly cutting-edge trading tool that allows traders without programming experience to develop and build their own Expert Advisors using drag and drop technology.
FxPro Vault: This tool allows users to efficiently fund their live trading accounts and is the first of its kind Forex industry. Indeed, this piece of software acts as a risk management tool because it allows traders to transfer as much as they are willing to risk to their trading account(s).
FxPro cTrader is an ECN (Electronic Communication Network) platform that has been designed specifically for FX trading to ensure its traders benefit from speed, multi-bank liquidity and advanced functionality.
Indeed, thanks to Morgan Stanley being FxPro’s prime broker and the likes of Barclays, UBS, Deutsche Bank, Citibank, Nomura and BNP Paribas being liquidity providers, users can take advantage of competitive prices on more than 50 currency pairs.
Within FxPro the main account option available for use is FxPro ECN which provides the following options:
Spreads from 0 pips on majors, no restrictions on limit orders, flexible leverage from 1:1 to 1:500, minimum 0.1 lots and zero commission on trades.
Moreover, this account offers FxPro Algo algorithmic trading software available for FxProTrader, no requotes, no dealing desk execution, next generation intuitive graphical user interface
As referenced above, traders can gain access to FxPro Algo which is an automated piece of trading software that places “Buy or Sell” orders using algorithms.
These mathematical formulas assess the current market prices, time of day, indicator values and trade histories to determine the best trades. Indeed, this piece of software is certainly something that helps separate FxPro’s platform from many similar products.