FxPro Discussion

[kalott]

Dear members,

It is my pleasure to announce that we have increased our newest product offering, effective from today.

Please see below the Press Release on this matter:


FxPro Increases it’s Product Offering

01 June 2015, London. Award winning FX broker FxPro is pleased to announce it has expanded its product range offering to encapsulate numerous additional Contract for Difference (CFDs) including numerous additional shares*, indices, commodity and energy futures. More particularly, the broker shall be offering some of the most popular and liquid shares listed on the French, British, German and US markets, new spot indices such as the China 50 and USD index, enhanced energy and agricultural futures including cocoa and coffee, thereby enabling clients to further diversify their trading activity while taking advantage of FxPro’s award-winning services. These new products can be traded on the FxPro MT4 platform and are available as of June 01, 2015.

Known for operating as a No-Dealing-Desk broker, offering top-tier liquidity and superior execution technology, FxPro is ever expanding and improving its services. The broker has therefore introduced these much-anticipated additions to its product range with the aim of meeting its clients’ needs and investment objectives.

FxPro CEO, Charalambos Psimolophitis, commented on this development:
“Every new service we offer is driven by our ongoing attempts to secure better trading conditions for our clients. Having observed an increasing demand for CFDs on more products, we have responded with these new additions in effort to provide our clients with the opportunity to expand their trading activities, while also enjoying the benefits of our platforms and high standards of execution.”

*Shares are only available to clients of FxPro Financial Services Limited


The list of new products is as follows:

Indexes
Agricultural Commodities
Energies
Spot Indicies
Most traded and liquid shares from the US, UK, France and Germany


Shall you have any questions, please do not hesitate to contact us.

Kind regards,

FxPro Team

On demo account i get "invalid S/L or T/P" when trying to open a market order on Sweden 30?

 

[FxPro Group]

On demo account i get "invalid S/L or T/P" when trying to open a market order on Sweden 30?

Dear Kalott,

This issue should have been fixed by now.

Thank you very much for pointing this out to us.

Kind regards,

FxPro Team

 

[salitre6565]

Have a question for the FxPro Team, On the demo account i notice that to open
1 lot of (Nasdaq 100) futures E-mini is $1,800 margin? also in S&P 500 for 1 lot?
Is the mt4 demo wrong because in your website say the margin is %2
1 lot should be way lower no? maybe i'm wrong...

 

[FxPro Group]

Have a question for the FxPro Team, On the demo account i notice that to open
1 lot of (Nasdaq 100) futures E-mini is $1,800 margin? also in S&P 500 for 1 lot?
Is the mt4 demo wrong because in your website say the margin is %2
1 lot should be way lower no? maybe i'm wrong...

Dear Salitre6565,

That was a configuration error, which has been corrected.

The margin calculation is correct.

One lot of Nasdaq on MT4 is 20 contracts of Nasdaq.

These are the margin calculations for one lot of Nasdaq:


Lot size*20(contracts per lot)*margin=margin required in $

1*20*4539*0.02=$1816

Shall you have any other questions, please do not hesitate to contact us.

Kind regards,

FxPro Team

 

[FxPro Group]

Dear Members,

Further to our previous communications regarding the Greek debt crisis and upcoming referendum on Sunday July 5, we would like to advise you of the following:

Following a prudential approach, we have decided to increase margin requirements to 2% for trading the following instruments:

– Euro crosses

– G20 currency crosses

– Precious metals


In other words, the available leverage for trading the above instruments will be limited to 1:50. These new margin requirements will only apply to new positions that are placed between Friday, July 3, 2015, 12:00 to Monday, July 6, 2015, 02:00 (server time) unless otherwise advised.

We will update you when normal trading conditions are due to resume.

*Update: Increased margin requirements do not apply to the following pairs: CHFPLN, CHFSGD, NOKSEK, NZDCHF, NZDSGD

As always, shall you have any questions, please do not hesitate to contact us.

Kind Regards,

FxPro Team

 

[jamesandy]

Ive been using fxpro for a couple of years they have the lowest spreads and also the best all round investing platform.

 

[FxPro Group]

Dear members,

We are delighted to announce that as of Monday September 21st 2015, shares trading has also been made available to clients registered with FxPro UK.

This greatly expands the trading opportunities available to FxPro UK clients, as you will now have the option to trade over 150 large cap shares from the following countries:

100 US Shares
30 UK Shares
10 French Shares
15 German Shares

If you have any information regarding these new products, please do not hesitate to contact our Support Team.

Kind regards,

FxPro Team

 

[FxPro Group]

Dear Traders,

Today we are proud to announce, that FxPro Financial Services Limited has acquired authorisation by the South Africa Financial Services Board (FSB) to operate as a Financial Service Provider (FSP; licence no. 45052). The newly granted authorisation gives FxPro the opportunity to expand its operations on a significant scale and to reach new customers with its award-winning services.

We are delighted at the prospect of extending our services to new customers. The FSB authorisation gives us a key advantage and opens up an array of opportunities, as we believe that there is significant market potential for FxPro. We welcome it as another step towards growth.
FxPro CEO, Charalambos Psimolophitis.

As an online broker, FxPro currently serves clients in more than 150 countries. Clients benefit from no-dealing-desk execution, deep liquidity and competitive pricing, as well as from a continuously growing product offering that now includes 6 distinct asset classes.

FxPro Financial Services Limited remains authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC; license no. 078/07). Trading CFDs involves significant risk of loss.

Kind regards,
FxPro Team

 

[FxPro Group]

Dear Traders,

Earlier this year, we took the initiative to publish quarterly statistics relating to our standards of service. The decision was made in an effort to increase transparency in the FX market and encourage more industry participants to be as forthcoming about their operations.

Today, FxPro is pleased to announce its slippage and execution percentages for the months of July, August and September, 2015.

FxPro’s Q3 slippage statistics are as follows:

Kind regards,
FxPro Team

• Positive = 43.4%
• At Quote = 39.6%
• Negative = 17.0%

Re-quote percentages for the same period:

• Re-quotes = 4.5%
• Positive = 2.8%
• Negative = 1.7%

FxPro CEO, Charalambos Psimolophitis, commented:

“Our execution statistics are very encouraging. Even though there was increased market volatility during the third quarter of 2015, we have managed to register these promising figures that reveal slippage symmetry and testify to our advanced execution and order-matching technologies. It remains our aim to continue providing our clients with flawless service and order execution, even in the most volatile of market conditions.”

Trading CFDs involves a high risk of loss.

Kind regards,
FxPro Team

 

[FxPro Group]

Dear Traders,

We are delighted to announce that FxPro has been awarded “Best FX Broker” at the prestigious Shares Awards, making this the third time in as many years for achieving the accolade!

In the last year, we have successfully improved trade execution and reduced latency for our clients, while having also launched the initiative for greater transparency by publishing our execution statistics on a quarterly basis.

Michael Boydell, Managing Director of AJ Bell Media Ltd, commented:

“Congratulations to FxPro for deservedly winning Best FX Broker and making it a hat trick. Their continual recognition at the Shares Awards shows how year-on-year they are consistently meeting the demands of investors and traders with their innovation and transparency.”

Thank you all for your support, and congratulations to our team!

 

[Mr.Grey]

Hello,

Are we utilising the ECN by using the MT4 platform offered on your website ?

I am currently using a reputable SB company who I am happy with, but I am beginning to question the spreads.

I trade using the basics of charting software so dont need bells and whistles but tighter spreads and a reliable platform with instant execution both ends would interest me.

Regards

 

[FxPro Group]

Hello,

Are we utilising the ECN by using the MT4 platform offered on your website ?

I am currently using a reputable SB company who I am happy with, but I am beginning to question the spreads.

I trade using the basics of charting software so dont need bells and whistles but tighter spreads and a reliable platform with instant execution both ends would interest me.

Regards

Dear Mr.Grey,

Thank you for your question. While all of the platforms benefit from the No Dealing Desk execution, please not that the MT4 is Instant Execution, while the MT5 and cTrader are market execution platforms. This is due to the technical limitations of the MT4.

I hope this answers your question. Shall you have any more questions please do not hesitate to contact us.

Kind Regards,

FxPro Team

 

[FxPro Group]

Dear Members,

We are delighted to inform you that FxPro was named “Best Forex Provider” at the 2015 Investors Chronicle & Financial Times Investment & Wealth Management Awards, which took place at the Plaisterers’ Hall in London, UK, last night. This is the second year in a row that FxPro takes home the accolade.

This has been a very successful year for FxPro. Over the past year we have launched our FxPro MT5 trading platform, received new regulatory authorisation in South Africa, and expanded our product range with the addition of new trading instruments.

We would like to congratulate our team and give thanks to you for your support, and to the readers who voted for us!

Kind Regards,
FxPro Team

 

[FxPro Group]

Dear Traders,

As another year draws to a close, all of us here at FxPro would like to extend our warmest wishes to you for happy holidays filled with health, joy and love.
It has been a turbulent 2015, but one that saw us standing by our clients and doing everything in our power to protect them from outlier events.

We would like to thank all of you for your continued support and loyalty. You have helped make FxPro one of the leading brokers in the world, and we look forward to providing you with more instruments, better prices and a truly world-class service in the future.

Join us as we revisit the economic events that shaped a most memorable year - www.fxpro.co.uk/year-in-review

 

[FxPro Group]

Dear Traders,

Staying true to our commitments to increased transparency, we have today published our slippage and re-quote statistics for Q4, 2015.

FxPro is pleased to announce its trade execution statistics for the fourth and final quarter of 2015. For the months of October, November and December, slippage and re-quote percentages reached the following levels:

Slippage statistics:

● Positive = 37.5%
● At Quote = 37.7%
● Negative = 24.8%

Re-quote statistics:

● Re-quotes = 5.95%
● Positive = 2.99%
● Negative = 2.96%

2015 was a particularly busy year for FxPro, during which we introduced new trading products, updated our existing services and increased the number of financial instruments we offer. It was also a record-breaking year which saw an increase in the average daily volume traded by our clients, as well as a notable rise in the average number of trades executed per day.

FxPro CEO, Charalambos Psimolophitis, commented:

“Looking at our execution statistics for Q4 alongside the respective metrics for the three previous quarters of 2015, we see consistency and continuous slippage symmetry, with the latest percentages reaffirming the reliable and flawless quality of trade execution that FxPro offers.”

 

[FxPro Group]

Dear traders,

FxPro has partnered with Solace Systems to boost the capacity and performance of our messaging infrastructure.

FxPro Enhances its Infrastructure with Solace Messaging and Web Streaming Technology.

16 February 2016, London. Online broker FxPro has partnered with Solace Systems to boost the capacity and performance of its messaging infrastructure, in what is the latest strategic step for meeting the demands of its growing client base.

More specifically, FxPro has invested in the Solace Message Router Appliances and Solace Virtual Message Routers to power internal and customer-facing interfaces over wide area networks and via web and mobile devices. With its robust features and unified API and administration framework, Solace is in position to offer FxPro the tools required for supporting its daily operations and strengthening customer satisfaction.

FxPro CIO, Panayiotis Annivas, commented:

Our business is growing rapidly and it is necessary that we continue to offer a world-class trading experience and customer service as we expand our offering to cover more asset classes and geographies. Solace gives us a rock-solid foundation on which we know we can build and grow our business to meet customer demand.

Solace Systems CEO, Craig Betts, commented:

It takes an innovative approach and world-class infrastructure to satisfy the trading needs of forex customers in over 150 countries, and FxPro has both. Were proud that theyve selected our technology as the framework that ties together their many applications, locations and customer interfaces.

Kind regards,
FxPro Team

 

[DAANIIK]

Cant' understand why you decided to disable cMirror, you are not interested in your clients's success... There is no social trading alternative for cTrader, so traders will have to stop using this platform. FxPro has disappointed many traders

 

[FxPro Group]

Dear Members,

The voting period for this year’s City of London Wealth Management Awards has started!

Show your support for FxPro as ‘Best FX Provider’, as well as for our Chief Economist, Simon Smith, as ‘Best Industry Commentator’, by voting at this year’s City of London Wealth Management Awards.

http://goodacreuk.com/index.php/voting-page

Kind Regards,
FxPro Team

 

[DAANIIK]

Dear Members,

The voting period for this year’s City of London Wealth Management Awards has started!

Show your support for FxPro as ‘Best FX Provider’, as well as for our Chief Economist, Simon Smith, as ‘Best Industry Commentator’, by voting at this year’s City of London Wealth Management Awards.

http://goodacreuk.com/index.php/voting-page

Kind Regards,
FxPro Team

After disabling cMirror you don't deserve it!!! While other brokers go social, FxPro is isolated. Bring Back cMirror Service!!!

 

[FxPro Group]

FxPro Announces Execution Statistics for Q1 2016

Online broker FxPro is pleased to disclose key trade execution statistics for the first quarter of 2016. For the months of January, February and March, slippage percentages were as follows:

• Positive = 46.93%
• At Quote = 31.81%
• Negative = 21.26%

The figures above show the percentage of trades that were executed without slippage, as well as that of trades executed with negative slippage or at a better price than requested. It is notable that these figures not only reveal the significant percentage of trades that benefitted from positive slippage, but also demonstrate a decrease of more than 3.5% in trades that incurred negative slippage and an increase of more than 9.4% in trades executed at a better price when compared to the numbers registered during the fourth quarter of 2015.

The first three months of 2016 also saw a decrease in re-quote percentages:

• Re-quotes = 5.01%
• Positive = 2.23%
• Negative = 2.78%

FxPro CEO, Charalambos Psimolophitis, commented:

“It has been a year since we took the initiative to systematically publish our execution statistics. The purpose of this move remains twofold: to provide traders with valuable information about our standards of service, and to encourage greater transparency in the FX industry. It is pleasing to see positive developments gradually taking place, as is to observe the continuous improvement of the quality of trade execution we offer.”