Not only does it provide beginners with a space to practice trading, it also offers a suite of analysis capabilities for more experienced traders. As an added bonus, it is also compatible with a host of popular third party software such as MT4, MT5 and cTrader. It also gives you an opportunity to try out a variety of trading strategies. A key component of trading is testing out trading plans, and the demo account allows you to do exactly that. So go ahead and try out different trading strategies and make sure that you feel comfortable first before risking any of your own money.
Mobile Trading Apps
Unlike other demo accounts, the FxPro demo account doesn’t expire meaning that you can practice trading until you feel ready to make the jump to trading with real money. If you’re interested to learn more about FxPro, check out our full review. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens xcritical official site of international regulator agencies (read more about how we calculate Trust Score here).
Similar apps
FxPro provides daily market updates and analysis on its blog, along with content from third-party providers. For comparison, XM Group and Tickmill produce numerous daily research videos. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved.
FxPro Demo Account Review
The range of symbols available at FxPro will largely depend on your chosen trading platform. There are also thousands of shares available to trade in FxPro’s BnkPro app, though it isn’t yet fully available globally. The following table summarizes the different investment products available to FxPro clients. FxPro’s primary drawback is its higher-than-average pricing, which just can’t compete with the lowest-cost forex brokers, even on its lowest spreads available via its cTrader platform offering.
The MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms are widely used amongst retail forex traders. You can trade asset classes such as forex, commodities, shares, indices and cryptos, with fixed spreads available. The platform is really straightforward to use and provides traders with everything they need.
Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. FxPro will email you the account details and you can xcritical scam then login to the account.
Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises xcritical companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You will go through a few different pages where you will need to provide your name, date of birth, address, employment status and other details concerning your previous trading experience. After comparing brokers and choosing the right one for you, you’ve decided that FxPro has everything you’re looking for. Read our full explanation and accounting of our research and testing process to learn more about how we test.
- As such we may earn a commision when you make a purchase after following a link from our website.
- All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
- For comparison, XM Group and Tickmill produce numerous daily research videos.
- As a result, FxPro earned Best in Class honors for Algo Trading and MetaTrader in our 2024 Annual Awards.
- So go ahead and try out different trading strategies and make sure that you feel comfortable first before risking any of your own money.
FxPro competes among the top MetaTrader and cTrader brokers, featuring multiple account options, execution methods, and platforms. It provides its own proprietary FxPro Edge app, available for web and mobile, alongside access to the BnkPro app and Invest Web platform. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.