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Overview

FxPro was founded in 2006 and it is a member of FxPro Financial Services Ltd. Company, which is registered in Cyprus and has all licenses for the provision of financial services to natural and legal companies. During its period of operation, the broker has received numerous awards and prizes as well as it has provided services at a high level. The collection of Awards FxPro awards include "The Best Institutional Broker", "The Best Global Broker", "Forex Provider of the Year", "The World's Fastest Growing Broker" and "The Best Trading Platform".

Forex Pro has the Head Office in Cyprus and representative offices in Russia, England, France, Austria and Greece, but it is not going to stop the development and it supposes opening of new offices in other countries.

FxPro provides on its site the detailed instructions on how to use FxPro MetaTrader 4, so even a novice of Forex trading can easily start trading on the foreign exchange market. There is a Trading Academy on the site, where users can be trained, but only in English, because it does not support Russian.

At the moment Forex Pro offers its customers futures, gold, silver and indices trading on the foreign exchange market Forex, providing probably the best conditions among many other brokers, as well as investing money in managers, who are ready to work with the customer's money for a percentage of the profit.

Bonuses

FxPRO-Forex holds regularly contests and promotions for its customers on its site, so it informs all of its customers about them.

The last competition, held by the broker, was the contest The Battle of Golden Forecasts.

The contest The Battle of Golden Forecasts consists in the fact that traders are able to name the price of gold, which is established in a certain period of time. Winners of the contest receive gifts from the broker. Netbook Lenovo IdeaPad is for the first place, Smartphones HTC Snap are for the second and the third places.

There are also contests that do not belong to trading on the foreign exchange and stock markets, but related to sports, when players need to predict the outcome of the match or the scorer of the first goal. Broker awards all participants-winners with exclusive gifts.

Training

Broker ForexPro does not carry out training on its Russian Internet site and it does not provide training materials, but it gives complete and detailed information about trading platforms, through which Forex offers traders to trade. The Russian Representative Office of FxPro Company does not consider it necessary to teach beginners, providing only a demo account that allows them to trade with virtual money.

There is a Trading Academy on the site, where customers who know English can be trained the access in Russian is not available.

Terms of trading

FxPRO-Forex offers Forex quotes from global banks (Morgan Stanley, Deutsche Bank, UBS, and so on) to its traders in real time, the orders are executed as soon as possible and the spreads are quite low.

FxPro enables traders to work on two popular trading platforms: FxPro cTrader ECN and FxPro MetaTrader 4.

FxPro cTrader ECN

- multi-language support

- the minimum deposit is from $100

- spreads from 0 points

- the leverage is 1:500

- without dealing

- without requotes

- fifty currency pairs

- pricing of the second level to the full depth of the market

- trading from cAlgo

- trading from graphics

- export of data to various apps.

FxPro MetaTrader 4 (agency model)

- multi-language support

- the minimum deposit is $100

- spreads from 1.2 points

- the leverage is 1:500

- without dealing

- a lot of currency pairs, crude oil, metals, securities, futures

- Instant Execution order

- MetaQuotes Language 4 (operations with Forex advisors)

- quotes export via DDE

- charts printing.

The broker charges a commission from traders, which is $65 for each $1 million of trading volume.

Forex indicators (recommended)

- Accelerator LSMA

- Zero Cross Alert

- Belomor Trend Factor

- Pattern Recognition

Forex expert advisors (recommended)

- Gepard 5.0 (the multicurrency trading Forex advisor with numerous settings)

- Progressor v 1.5 (the automatic trading advisor for various timeframes)

- Golden proffit AUTO (the automatic trading adviser, operating with the help of Martingale methods).

Investments

Forex Pro allows its customers to invest funds in successful managers, who show a stable and profitable work. The customer chooses a manager and negotiates with him about the further work, specifying all acceptable risks of trading and the percentage of the total profit, earned on funds invested by the manager. This percentage normally ranges from 15% to 30%.

Unique features

FxPro offers not only earning money on institutional services, but also unique opportunities for its customers.

Every person can become a Web-representative of the broker, receiving a percentage from invited customers. Broker provides all the representatives with a free website, marketing materials and 24 hours a day support via the back office.

The Program White Label Lite applies to natural and legal persons who are customers of Forex Pro and make the monthly turnover exceeding $250000000. Such customers can create their own brand with the complete support by FxPro, which will provide all the necessary marketing instruments, financial instruments for customers, an attractive commission and make the expansion of the spread.

The program White Label is similar to White Label Lite, but there are a few differences: the monthly turnover is from 500000000 dollars and a spread of 0 points is provided.

Add/withdraw funds

FxPro offers its customers the following methods of deposit and withdrawal of funds: VISA, MasterCard, PayPal, NETELLER, Skrill and bank transfers.

Contacts

Trade Forex Like a Pro fully provides its customers the comprehensive support by e-mail [email protected], via live-chat, as well as by phone numbers: +7 495 637 4718, +7 495 637 7220 and 8 800 333 7220 (calls are free of charge for Russia).

Cons and pros

+ broker with a worldwide reputation

+ the minimum deposit is from $100

+ small spread

+ good leverage

- no learning materials

- online training for Russian citizens is not available.

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