Today’s review takes a closer look at Fx Pro, a UK based
broker which carved out a spot at the top of ECN brokers especially in the
retail crowed. They are regulated in the UK and they make it very clear that
residents from two countries are not welcome:
- The United States of America
- The Islamic Republic of Iran
Fx Pro offers the popular ECN platform cTrader which is a
great platform. It is a bit more complicated for traders who are used to the
MT4 platform, which is also offered by Fx Pro as it is the most popular trading
platform in the retail forex space, but it should not take long for
sophisticated traders to get accustomed to a much better trading platform.
The Fx Pro cTrader Account has a minimum deposit of $1000
and offers leverage of up to 1:500 and zero spreads. A few other great
attributes of Fx Pro are:
- No Dealing Desk
- No restrictions on stop orders as well as limit orders
- Level II pricing and full market depth
- Negative balance protection
- Automated trading through cAlgo
- 100% Agency Model
- Advanced Trading Tools
- Professional trading conditions
- Security of client funds
- Drag & Drop Technologies
- Full Transparency
- No price manipulation
- Anonymous order execution
- No conflict of interest
Overall Fx Pro is one of the best outlets for your forex portfolio
in the retail space and should be part of every traders group of brokers they
use. Fx Pro offer small portfolios the chance to operate like a professional
portfolio which makes this a top destination for serious forex traders. We give
Fx Pro two claws up; The Last Bear has roared!
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