Abstract:Fx Trading Pro is allegedly a forex and CFD broker founded in 2019 and registered in the United States that claims to provide its clients with various tradable financial instruments with leverage up to 50:1 on the MT4 trading platform.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Feature | Detail |
Regulation | Suspicious clone |
Market Instrument | Forex, CFDs |
Account Type | N/A |
Demo Account | N/A |
Maximum Leverage | 50:1 |
Spread | N/A |
Commission | N/A |
Trading Platform | MT4 for desktop, mobile and web trader |
Minimum Deposit | N/A |
Deposit & Withdrawal Method | N/A |
Fx Trading Pro is allegedly a forex and CFD broker founded in 2019 and registered in the United States that claims to provide its clients with various tradable financial instruments with leverage up to 50:1 on the MT4 trading platform. Here is the home page of this brokers official site:
As for regulation, it has been verified that Fx Trading Pro is suspected to be a clone. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.46/10. Please be aware of the risk.
Market Instruments
Fx Trading Pro advertises that it is a forex and CFD broker that mainly offers forex and CFD trading.
Leverage
The leverage provided by Fx Trading Pro is capped at 50:1. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform Available
The platform available for trading at Fx Trading Pro is one of the most notable and preferred trading platforms the market offers - MT4 for desktop, mobile and web trader. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Customer Support
Fx Trading Pro‘s customer support can be reached by email: service@fxtradingpro.com, live chat or send messages online to get in touch. You can also follow this broker on social networks such as Twitter, Facebook, Instagram and LinkedIn. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address that most transparent brokers offer.
Pros & Cons
Pros | Cons |
• MT4 supported | • Suspicious clone |
• Lack of transparency |
Frequently Asked Questions (FAQs)
Q 1: | Is Fx Trading Pro regulated? |
A 1: | No. It has been verified that Fx Trading Pro is suspected to be a clone. |
Q 2: | Does Fx Trading Pro offer the industry-standard MT4 & MT5? |
A 2: | Yes. Fx Trading Pro offers MT4 for desktop, mobile and web trader. |
Q 3: | Is Fx Trading Pro a good broker for beginners? |
A 3: | No. Fx Trading Pro is not a good choice for beginners. Not only because of its suspicious clone condition, but also because of its lack of transparency. |
Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.
The sudden arrest of former Philippine President Rodrigo Duterte on an International Criminal Court (ICC) warrant has sent shockwaves through global markets and regional investors alike. While Duterte’s arrest is being hailed by human rights groups as a decisive step toward accountability for his controversial “war on drugs,” it also raises significant questions about factors that can strongly influence the forex market.
Fintech – short for financial technology – is rapidly transforming the way people manage, invest, and even earn money. In this article, we’ll explore various ways fintech can help you make money, from smarter investing to launching a side hustle, while also reducing costs and boosting your financial health.
We are pleased to announce that WikiFX App Version 3.6.4 has officially been released. This update includes significant functional optimizations. Below are the key updates.