Forex-Central.net is an Introducer of FxPro
FxPro Financial Services Ltd. (FxPro) was founded in 2006 by a team of talented financial professionals, capitalising on their extensive experience in finance. They are one of the leading international players in the forex market. Their strategic objective is to become one of the biggest and most successful forex brokerages.
In 2009, they changed their name from EuroOrient Securities & Financial Services Ltd to FxPro Financial Services Ltd, truly illustrating their forex-oriented activities.
FXPRO Financial Services Ltd. is authorised and regulated by the Cyprus Securities and Exchange Commission under the license number 078/07.
FxPro offers trading on a wide range of financial instruments, from currencies, futures and indexes, to metals and stock CFDs (Contracts for Differences). Serving clients from over 120 countries, FxPro allows them to trade 24h/day, 5 days a week.
FxPro's international presence continues to grow and they currently have offices in the UK, Russia, Austria, France and Greece, with additional offices to be opened in the future.
If I had to point out one item that I don't like about this broker, it's that the minimum trade size is .1 lots. Most other brokers listed on forex-central.net allow traders to test the waters with smaller positions such as .01 lots. Furthermore, as a client, my experience with their customer service did not meet my expectations.
| ECN Execution Rules | MT4 Execution Rules | |
|---|---|---|
| Trading Instruments | Forex (Currency Pairs) | Forex, CFD, Futures, Metals |
| Spreads | Interbank spreads | Spreads |
| Commission | $30 per $1million traded | |
| Leverage - Margin Requirements | From 1:1 to 1:100 | From 1:1 to 1:500 |
| Minimum Trade Size | 40,000 of the base currency | 10,000 of the base currency |
| Level II market depth available | ||
| Margin Calls | 40% | 10% |
| Auto-stop out | 30% | 5% |
| Trading Platforms Available | xTrader | MetaTrader 4 |
| Minimum Initial Deposit | 1,000 USD or EUR, GBP, CHF, JPY equivalent | 500 USD or EUR, GBP, CHF, JPY equivalent |