FxPro foxer
FxPro is a well-known, award-winning broker that specializes in Forex and CFD trading. They are recognized in the industry for their fast execution speeds (often sub-12 milliseconds) and offering multiple platforms and account types to suit different trading styles
FxPro Forex Trading Environment
1. Regulation and Security
FxPro operates under the regulation of several major financial bodies, which provides a high level of client fund security:
Financial Conduct Authority (FCA) in the UK.
Cyprus Securities and Exchange Commission (CySEC).
Securities Commission of The Bahamas (SCB), and others.
Client funds are segregated from the company's operational capital in major international banks. They also offer Negative Balance Protection to ensure clients can't lose more than their total deposits.
2. Trading Instruments
FxPro offers access to a large number of instruments, with over 70 currency pairs available for Forex trading, including:
Major Pairs: Highly liquid pairs like EUR/USD, GBP/USD, and USD/JPY.
Minor Pairs: Cross pairs like EUR/GBP and AUD/JPY.
Exotic Pairs: Pairs involving emerging market currencies.
3. Execution Model
FxPro is known for its No Dealing Desk (NDD) execution model, which helps ensure transparency and minimal conflict of interest. They focus on providing tight spreads and fast order execution.
4. Leverage
The maximum leverage offered varies significantly based on your jurisdiction and client classification (Retail vs. Professional).
For Retail Clients under stricter regulations (like FCA/CySEC), leverage on major FX pairs is typically limited (e.g., 1:30).
For clients under other entities, higher leverage (up to 1:500 or more) may be available, especially for Professional Clients.