Most retail CFD accounts lose money. Your capital is at risk.
A low $100 minimum deposit and strong regulation from CySEC, FCA and the FSCA, has put FXPro at the front of the pack for a few years now. FxPro delivers instant market execution, a fixed spread option, and trading in commodities, metals, and shares in addition to Forex.
FxPro has won more than 55 awards for being Best FX Service, Best FX Broker, Best FX Tools, and Best FX Trading Platform since 2006. In short, FxPro is in the top tier of global Forex brokers and is certainly a hard act for other brokers to follow.
Besides a demo account, there are two live accounts available at FxPro. All accounts allow for 8 base currencies including AUD.
This account is for the retail trader interested in taking their first step into forex trading. With negative balance protection, a minimum deposit of just $100, and instant market execution, this account should be a good choice for most traders who want to take advantage of the FxPro platform.
With the premium account come more tailored features, including a dedicated account manager, daily market analysis, exclusive events, and no withdrawalfees. This account is for the trader who is either trading often or in high volumes and carries a $50,000 minimum account balance.
You can choose your trading platform and as well as the in-house developed FXPro system or you can stick with the popular MetaTrader4, MT5 or cTrader. All have a low latency connection to the market and allow for a good analysis of technical indicators and market sentiment.
FXPro has strong regulators for the business from around the world. Client Investment accounts are segregated from operating capital and deposited in major banks. When Australian clients sign up with FxPro, the accounts will be set up under the FCA license.
FxPro UK Ltd in the UK is regulated by theFCA under registration number509956
FxPro Financial Services Ltd is regulated byCySEC under license number078/07
FxPro Financial Services Ltd is regulated by theSecurities Commission of The Bahamas.
FxPro Financial Services Ltd is regulated by South AfricasFSCA withFSP No 45052
FxPro Global Markets MENA Limited is regulated by theDFSA under reference numberF003333.
The spread is lowest at 0.6 pips. The leverage changes with investment product so you would need to check that out when you apply for an account. The maximum leverage available is 500:1.
Should you need customer support, you have it available 24/5, in 18 languages, beginners-ready and well-trained reps. All available through phone, email, and live chat from their website.
The brokerage has an FXPro Academy which includes trader designed webinars. You can obtain tutorials and videos and the usual market commentary and tips on trading strategies as well. This is one of the best educational services I know to be run by a broker if you are a beginner or signing up for the demo account, this feature will serve you well.
Visa and Mastercard are accepted as well as bank transfers.
A company that can manage 5000 trades per second and executes 99.9% of orders in 50 milliseconds is considered fast. FXPro is the leader in Forex trading, cleverly set up by financial experts ten years ago. Low latency, lower minimum deposits, education available, and MT4/MT5 platform support spot on. You dont need much more than this.
Mastercard, Visa, Maestro, UnionPay, Neteller, Skrill, Bank Transfer
Bank wire, Visa, Mastercard, Skrill , Neteller
Bank wire, Visa, Mastercard, Skrill, Western Union, Neteller
Mastercard, Visa, UnionPay, Neteller, Skrill, Paypal, Bank Transfer
FX Australia, as part of our parent company Schlossbrink AB, is a full member of:
Global Legal Entity Identifier Foundation (GLEIF)
Membership : 254900LUG07G07A31U72 – as we have shared values of efficiency, transparency, and trust associated with legal entity identification (LEI) in the handling of investments. As Finance Professionals, the LEI is the highest standard
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.
It is really important that you do not trade any money that you cant afford to lose because regardless of how much research you have done, or how confident you are in your trade, there will always be a time that you lose.
©COPYRIGHT FX AUSTRALIA / AUSTRALIAS LEADING FOREX BROKER COMPARISON SITE.
Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.