For instance, EUR/USD refers to the Euro US Dollar currency pair. The first currency in the pair is known as the base currency. The second currency in the pair is known as the quote or term currency. The value of the pair is defined by how much of the quote currency is required to purchase a single unit of the base currency. So if EUR/USD is xcritically trading at 1.31 then this means that $1.31 is required to purchase €1.
FxPro has received constant recognition in the industry, winning over 128 international awards to date for the quality of its services. A great account for all types of traders, with floating FX Spreads from 1.2 pips via MT4/MT5 and micro lot trading available. At FxPro, we take pride in providing transparent and high-quality execution, coupled with industry-leading trading conditions. With FxPro MT5 Mobile you can enjoy the most popular trading platform on your mobile phone, anywhere at any time. With FxPro MT4 Mobile you can enjoy the most popular trading platform on your mobile phone, anywhere at any time. Each currency is presented as a three letter abbreviation and is usually separated from the currency it is paired with a space, a xcritical website point, or a slash.
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- Engage in CFD trading across a diverse range of assets, encompassing popular FX pairs, Futures, Indices, Metals, Energies, and Shares.
- The foreign exchange market (FX) as a whole, consists of many types of markets, including Spot FX, Future derivatives, Forward Derivatives, and finally the CFD derivatives market, which is the most popular for retail clients.
- Automate your MT5 trading strategies with the FxPro Virtual Private Server from BeeksFX.
- You can also make use of it as an experienced trader if you want to test different trading strategies.
Engage in CFD trading across a diverse range of assets, encompassing popular FX pairs, Futures, Indices, Metals, Energies, and Shares. Automate your MT5 trading strategies with the FxPro Virtual Private Server from BeeksFX. Run EAs (Expert Advisors) 24/5 with no downtime and reduced latency.
We also provide ‘watch and learn’ videos and PDF guides. FX currency trading is typically calculated in Pips, meaning that depending on your trade size, each pip is equal to a specific monetary value of the ‘term’ currency. This pip value is used to determine the PnL (profit or loss), based on how many pips you gain or lose in a trade, and is also used to display spread (the difference between the bid and ask prices).
With FxPro’s live trading accounts, you can experience the best in order execution and trading technology alongside powerful trading tools and expert analysis. The foreign exchange market (FX) as a whole, consists of many types of markets, including Spot FX, Future derivatives, Forward Derivatives, and finally the CFD derivatives market, which is the most popular for retail clients. All forex trading transactions combined make up the largest and most liquid financial market, with an average daily volume of over $5 trillion. Our dedicated, multilingual customer service team works 24/5 to provide you with an exceptional level of support.
CFDs with FxPro are not regulated by the FAIS Act and intermediary services are not provided. Effortlessly open and manage both demo and live trading accounts right from the FxPro app. Enjoy a wide range of trading platforms including MetaTrader xcritical scam 4, MetaTrader 5, cTrader and FxPro Edge. Web-based versions and mobile applications are also available so that you can access the financial markets at any time, anywhere.
Crypto CFD Trading
If you are an experienced trader, you may re-categorise as an elective professional and waive some of the regulatory protections afforded to retail clients. The leverage available to you may differ depending upon your jurisdiction and the instrument/platform you are trading with. Prices are constantly fluctuating based on market conditions.
The first currency is called the ‘base’ currency (representing the volume you wish to trade) and the second is called the ‘term’ or ‘quote’ currency (representing the xcritical exchange rate). It is worth mentioning that the spot FX market is also an OTC market dominated by the large international banks. FxPro is well-known throughout the industry as a trustworthy and reliable broker. The crypto market is steady; BTC is at $111K, SOL outperforms, and whales impact prices. BTC dips on macro fears, ETH leads gains, SOL eyes $250, meme tokens see renewed interest, and the SEC/CFTC plans spot trading. You can also make use of it as an experienced trader if you want to test different trading strategies.
Our free demo forex accounts will allow you to practise and hone in your trading skills risk-free until you feel confident enough to trade live. Alternatively, you can open a demo account from your FxPro Direct portal, for any of our platforms and account types. Download our FxPro Mobile application for iOs & Android to register and manage your accounts on the go. You can also trade on the integrated trading platform.
Margin and leverage settings may vary between your demo and live account and you should not expect any success with the Demo Account to be replicated in your live trading. FxPro VIP Accounts are exclusive trading accounts for high net worth individuals who trade large volumes. We offer accounts on a range of platforms to facilitate your trading style and preferences. If you are new to online forex trading, we would recommend going through our online educational section to familiarise yourself with the market and how ‘Contracts for Difference’ trading works.
A trading demo or simulation essentially allows you to experience the market and platform features, using virtual funds and therefore without risk. To access the FxPro demo accounts, you need to complete the registration form and provide us with some information, however, you do not need to upload verification document(s) or fund until you are ready to trade live. Used by millions of traders worldwide since 2005, MT4 is the most popular retail trading platform, chosen by experienced and novice traders alike for its intuitive user interface and powerful trading capabilities. Recognizing diverse client needs, we provide an extensive range of reputable, award-winning platforms, and account types for you to select from. FxPro has received constant recognition in the industry, winning over 120 international awards to date for the quality of its services.
We understand that different clients have different needs. Therefore, we offer a wide selection of trusted, award-winning platforms and account types to choose from. The FX CFD derivatives market is made up of buyers and sellers, the main participants being large international banks, who place orders via electronic trading systems. FxPro has been providing online trading services to clients since 1999 and it xcritically serves 173 countries worldwide. FxPro does not offer Contracts for Difference to residents of certain jurisdictions including the USA, Iran and Canada. With regards to the FSCA authorisation, FxPro provides execution services and enters into principal to principal transactions with its clients on FxPro’s prices.
Top-notch trading platforms & exclusive tools
Automate your MT4 trading strategies with the FxPro Virtual Private Server from BeeksFX. Ever since our establishment, FxPro has successfully expanded to serve retail and institutional clients in more than 170 countries – and we are still growing.
In FX currency trading, fractional pricing allows us to offer tighter spreads and provide more accurate pricing. To put it simply, traders would go long if they believe that the base currency will rise in value against the term currency and would profit from an increase in price. On the other hand, if traders’ believe that the value of the base currency will fall in relation to the term, they will place a sell trade to try to profit from falling prices. If prices move in the opposite direction to the traders’ forecast, they will make a loss.
- In the meantime however, you can immediately open a demo from the ‘Accounts’ page in FxPro Direct, allowing you to utilise risk-free trading and bringing you one step closer to the start of your trading journey.
- Each currency is presented as a three letter abbreviation and is usually separated from the currency it is paired with a space, a point, or a slash.
- We also provide ‘watch and learn’ videos and PDF guides.
- BTC dips on macro fears, ETH leads gains, SOL eyes $250, meme tokens see renewed interest, and the SEC/CFTC plans spot trading.
- In FX currency trading, fractional pricing allows us to offer tighter spreads and provide more accurate pricing.
Contracts for difference (CFDs), allow traders to buy (go long) or sell (go short), and make profit or loss from price movements, without having to physically purchase and exchange the underlying currency. Use the cTrader platform range and get ultra-low spreads from 0.2 with a competitive commission of $35 per $1million traded. The FxPro App is the ultimate mobile Trading Platform, featuring powerful TradingView charting as well as account and fund management tools, alongside economic events. A real account will be automatically created upon completion but to activate it, we will need to verify your identity and may need to confirm some additional details with you. In the meantime however, you can immediately open a demo from the ‘Accounts’ page in FxPro Direct, allowing you to utilise risk-free trading and bringing you one step closer to the start of your trading journey. FX is quoted in pairs, with each representing a global currency or economy.