What More To Know about FxPRO Broker?
What is FX Pro Broker?
FX Pro is a forex broker that acts as a mediator between the forex market and users to directly trade without any problem sitting anywhere across the globe.
Which licenses does FX Pro hold?
Below mentioned are the licenses that FxPro holds:
CYSEC – CYPRUS SECURITIES AND EXCHANGE COMMISSION
FxPro Financial Services Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (license no. 078/07).
FINANCIAL CONDUCT AUTHORITY (FCA)
FxPro UK Limited is authorized and regulated by the Financial Conduct Authority (registration no. 509956).
South African Financial Sector Conduct Authority.
FxPro Financial Services Limited is authorized by the Financial Sector Conduct Authority (‘FSCA’) (authorization no. 45052).
Securities Commission of The Bahamas
FxPro Global Markets Limited is authorized and regulated by the Securities Commission of The Bahamas (license no. SIA-F184)
Which Account type you recommend and why?
The best account type in my point of view is standard with no commission and best services amongst the other account types.
Where does FX Pro broker don’t provide their services?
FxPro does not offer Contracts for Difference to residents of certain jurisdictions including the USA, Iran, and Canada.
What can be traded with FX Pro?
With FxPro you can trade in forex currency pairs, CFDs, Cryptocurrency, metals, energies, etc. Some of the trading options are shown below in the table.
FX Pro Research and Education For Traders
When you open the Fxpro website click on the tools options and the screen will be shown as follows.
There are several trading tools Fxpro provides such as education, economic calendar, forex news, calculators, etc. To open any of the options you just have to click on that option for example, if I have to see what they provide in education then when I click on that option the below screen opens.
There are several free courses to learn about forex in this category, you can learn and earn. If I want to know about recent news, then all I have to do is to click on forex news options and the new page will be shown which is as follows:
In this section, you will find analysis reports, calendars, quotes and tools. Similarly, for checking other tools you can click on the required option.
Trading Experience
Before trading with real money, it is suggested to use a Demo account and learn at the start, once you understand all the concepts related to forex trading it is easy to do then. Though, there is no restriction that beginners can’t use this platform. Anyone can use this platform as it doesn’t depend on them but make sure to be aware of the concept so that you don’t lose much. Along with that FxPro also offers free courses which can help you out in learning about this market and concepts.