FxProReviews 304

Answer: Well, FxPro VPS stands for Virtual Private Server... so it is a server that is run on Linux. U know what linus is? It is an os that is chosen specifically for serveres due to its robustness and security. THe server is virtual, it means if you have some algo on your MT4 platform, i, e expert advisors, you do not need to have your own computer. Well, a platform to be running all the time. Imagine, u turned off the platfrom coz u lost power or you had to go somwehere, but at that time there is a trading occuring, i. E a pattern developed or whatever the reason is... with VPS, the platfrom is run 24/7, so it enables to upload and run ur MT4 Expert Advisors, or cAlgo Robots if it is a cTrader platform. It has reduced latency, i. E speed of execution and overall connection stability is guaranteed, that is the nature of the virtual servers. Try it, u wont regret

Answer: I would say they’re in the list of top 5 worldwide brokers. Why? Well, I’m a big fan of formula 1 and the quantity of advertisements they place on those bolides is crazy. That’s how I found out about FxPro. It was many years ago, and since then they’re still expanding the market share in this industry. About one year ago, FxPro announced a collaboration with the CME group and offered top-notch educational resources on their official website. If you take a look at their quality, you’ll be convinced of why so many traders praise this broker.

Answer: Hard to say because I don’t think that raw zero spreads accounts is what you need for day trades. I mean tight spreads would be enough, but on standard acc, it’s around 1-1.5 pips, making it market average option, still not the most accessible. That’s why I think after all it’s raw account with fixed 3.5 per lot is a good deal, especially for majors. Or ctrader account, if you like the platform, it has only 0.2 spreads and some $35 per million trades, juicy deal if you can accept trading on this particular platform

Answer: Personally I don’t use cTrader but have heard lots of stories from other traders about this platform. According to their opinions, it seems using scalping strategies works best there, or if you don’t mind using algorithmic trading, then implementing trading robots with high frequency strategies may be perfect for you. You can even run the strategies without any issues, FxPro doesn’t impose any prohibitions.

Answer: I think its limited in either case, its just for FX majors and gold the limit is 10 000:1, which is pretty insane. But other isntruments have crazy leverage too, if you want (and are not from EU). Scenario imo is ONLY if you're scalping like 5-20 pips trades. Some news even maaybe, but thats a huge risk obviously. Some small order book scalping it can be done 'relatively' safely, if you put your trades in at juuuust the right times.

Answer: There are many benefits of using ctrader platform with fxpro. First of all, they have an additional application both for pc and phone, which is very comfortable for managing your bot anytime and anywhere. Secondly, ctrader platform is one of the best out there for algo trading, as it offers many tools for integrating bots and making them better. For instance, they have a great backtesting feature, which means that you can check out how your bot is performing back from 2015. It helps to notice the possible mistakes with the bot. Finally, you can license lock your bot easily by inserting a simple hard code into your bot.

Answer: What's with it? Its same like everywhere: they accept bank wire transfers, credit/debit cards, PayPal, Neteller, Skrill and some more methods available in some specific countries. The speed for withdrawal is usually pretty fast, but not immediate. Takes about half an hour, maybe 10 minutes sometimes for bank or card. No commissions for it, everything goes through Wallet in your UI on site/ on app, which is pretty nice, gives more control.