FxPro is an award winning online based broker that offers CFDs (contract for difference) on forex, shares, indices, energies and spot metals. The broker has clients in different parts of the globe and as per now is serving more than 150 countries. FxPro provides a no-dealing desk kind of execution with no disagreements with their esteemed clients. The broker is amongst the most prominent names you will find in the forex market niche currently. This broker operates as Hybrid Agency Model kind of broker and provides Negative Balance Protection. FxPro enable their customers to access a range of trading platforms, top-tier liquidity, and monetary facilities having lightning-fast execution.
Forex.com is also an online based broker offering a range of options for CFDs and forex across its world-wide based controlled offerings. The broker owns diverse trading facilities, full-feature platforms, and comprehensive research all connected to ensuring their esteemed clients get the best online trading solutions which suit their varying wants accordingly. Forex.com provides reasonable conditions and terms for trading in CFDs, stocks and forex on a number of platforms.
Although Forex.com and FxPro have great services which can assist any trader encounter enormous profits, using their platforms is not a guarantee you will be successful anytime you trade with them. Therefore, whether you will entrust Forex.com or FxPro with your online trading needs, it is vital you perform your research appropriately about online trading so that you can be aware about the techniques which will enhance your chances of earning enormous profits when trading.
If you will take your time and perform your homework accordingly, you will eventually discover own tips that will help you be able to minimize losses and maximize returns as a trader. Here are several facts which distinguish Forex.com and FxPro that can help you figure out which broker between the two is the right choice for your online trading needs:
Forex.com vs FxPro
General Overview of FxPro and Forex.com
Forex.com and FxPro are both publicly traded firms administered in a paramount hub. Both of these brokers have earned the reputation of a dependable broker courtesy of the strong regulation as well as transparent policies they have in place. Though the main motive of these brokers is to provide their esteemed clients with services that suit their trading needs better, they have varying terms of operation. For instance, when it comes to the number of currency pairs obtainable for trading, Forex.com offers more currency pairs than their counterpart FxPro with the former providing 84 currency pairs while the latter 70 currency pairs.
Although FxPro trails Forex.com by 14 total currency pairs, both of these brokers have systems that are easy to translate, which are straightforward and easier to be utilized by both beginner and experienced online traders.
FxPro regulated by Cysec in Cyprus, FSB in South Africa and FCA in UK.
Forex.com regulated by FCA in UK, CFTC and NFA in USA, ASIC in Australia, IIROC in Canada and FSA in Japan
- Trading Platforms
FxPro supports cTrader, MetaTrader4, MetaTrader5 as well as proprietary FxPro Markets platform.
Forex.com provides their customers with three trading platforms i.e. MetaTrader4, ForexTrader Pro and Tradable platforms.
However, though FxPro and Forex.com have varying trading platforms, all their platforms are not only flexible, but also easy to navigate. Both of these brokers also have professional charting as well as order management tools which are exceedingly dependable.
- Methods of Payment
FxPro offers their customers a range of payment options including Debit/Credit Card (including Visa, Visa Delta, Visa Electron, MasterCard, Maestro UK, Maestro International), Bank transfer, Neteller, Skrill, PayPal, mPay, China UnionPay, FasaPay for their Indonesian customers, Webmoney for their Russian customers, Netbankx for their Chinese clients, Boleto for their Brazilian clients, eProtections for their Japanese clients.
Forex.com has fewer modes of payment when compared to their counterpart FxPro. The broker allows Bank Wire and Check methods of payment and accepts only, NZD, AUD, YEN, GBP, EUR, CHF, USD, and CAD deposits.
Pros of Dealing with FxPro as a Trader
- Multiple trading platforms provided
- High leverage levels provided
- Fast execution speed
- Negative balance protection
Pros of Choosing Forex.com as your Broker
- Well-regulated and reputable broker
- Commission-free trading
- Fast execution speed
As you have seen, both FxPro and Forex.com are brokers with different terms of service. Whichever the broker you will entrust with your trading needs, there are a number of merits you will certainly encounter. However, prior to entrusting any broker with your online trading needs, make sure you perform your homework appropriately so that you can figure out own tricks that will help you maximize returns and minimize loses.
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