Choosing the best FxPro trading platform
FxPro supports a wide range of trading platforms: FxPro MT4, FxPro MT5, FxPro cTrader, FxPro Markets. These trading platforms were adopted because of the variety of options they provide to its clients. It offers security of funds for its clients because it is authorized and regulated by the Financial Conduct Authority. Although the recommended initial deposit is $500, you can deposit as low as $100, making it possible for just anyone to trade.
Mobile and Desktop versions of https://www.fxpro.co.uk/trading/platforms are available for various operating systems: Windows, Mac, Android, etc.
To choose a trading platform at FxPro, there are a few tips:
- Choose a platform that is right for you. You can ask the customer service for help.
- Choose a simple user-friendly platform that has every feature you need for trading.
- Does the platform support Mobile, Web-trader, Desktop versions, wherein you can trade from anywhere, anytime?
- Are the trading features customizable?
- Look out for the platform that has low cost.
- You should also consider the execution speed.
FxPro trading platforms
FxPro MetaTrader 4 (abbreviated FxPro MT4) is the most popular and standard trading platform at FxPro. It is equipped with numerous trading facilities that make your trading environment convenient. It comes with 50 indicators that can be customized and modified to your style. It provides you with full functionality where you can set automated trades. The Instant average and Market average Variable spreads (EURUSD) for this platform is 1.4 and 1.2 respectively and also has an option for fixed spreads. It allows Algorithmic trading (EAs supported) and has options for Web Trader, Mobile, MultiTerminal and Desktop platforms.
FxPro MetaTrader 5 (FxPro MT5) is the successor to FxPro MT4 trading platform. MT5 comes with additional features such as advanced charting package, signals, alerts etc. The average Variable spreads for this platform is 1.4 but there is no availability of fixed spreads. It allows Algorithmic trading (EAs supported) and has options for Web Trader, Mobile, MultiTerminal and Desktop platforms. Just like FxPro MT4, there is no dealing desk intervention.
FxPro cTrader is designed specifically for trading CFDs (Contracts for Difference). This platform offers a variety of features for its users. On FxcTrader, custom indicators are easily created and chart sharing is possible. It gives you access to the depth of the market while trading. It also supports simultaneous order processing. The average Variable Spreads for this platform is 0.3 but has no option for Fixed Spreads. cTrader allows Algorithmic Trading (cTrader robots supported through cAlgo).
FxPro Markets This is the newest Trading platform at FxPro. It enables clients to create and manage their trading accounts without leaving the application. The average Variable Spreads for this platform is 1.2 but has no option for Fixed Spreads. On FxPro, Market Dealing Desk Intervention and Algorithmic Trading are not supported.
The Maximum Leverage for all these trading platforms is as high as 1:500. Forex (69 pairs), Spot Indices, Spot Energies, Spot Metals, and Futures trading are all available. They all support Mobile, WebTrader, and Desktop versions.