FxPro Questions and Answers - Page 2
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Thread: FxPro Questions and Answers

  1. #11
    Hello, if will fxpro change your time counter in your platform?
    I understand it's 3 gmt right now soon you may change it to 2 gmt right?
    I only want to understand the exact arrangements.
    Thanks!

  2. #12
    Hi Sailorvt, we'll shift to GMT 2 over the last Sunday in October, which will remain until March next year when it will return to GMT 2 (DST 1)

    This is a result of the Daylight Saving days once the clocks move forward.

    Sutivserv, to answer your own query, FxPro is not a Market Maker. We operate under full FX Agency Model and under this model we have two account types, the ECN/STP cTrader account that implements 'Market Execution' with No Dealing Desk Execution, and the MT4 account type which utilises 'Immediate Execution' with No Dealing Encryption intervention.

    You can read more about each account type in information via these links from our website:

    http://www.fxpro.co.uk/trading/platforms/mt4
    http://www.fxpro.co.uk/trading/platforms/ecn

  3. #13
    Quote Originally Posted by ;
    Hello Lianna, I'm trying to maximize my income tax by incorporating offshore. I thought about Seychelles. Would FxPro accept an IBC incorporated as a client in Seychelles. If so, what kind of documents would I need in order to start an account. If Seychelles is no move, please advise on acceptable juristdictions. Thank you!
    What's the commission cost on your ecn account?

  4. #14
    Quote Originally Posted by ;
    quote what is the commission price in your ecn account?
    Hi Konjan! Our commission is $65 percent1million USD traded. Therefore for 100k trade size, it would be 6.50 of the base currency of the pair, every way. The spreads on the ECN account begin from 0 pips on Major pairs.

  5. #15
    Why is it that you stop trading for 5 min in 10pm GMT to 10:05pm GMT every day in your ctrader platform? You are the only broker that does this.

  6. #16
    Just how much is the minimum deposit in FxPro?

  7. #17
    Quote Originally Posted by ;
    Why do you halt trading for 5 minutes at 10pm GMT to 10:05pm GMT daily on your ctrader platform? You are the only broker that does this.
    Thank you for the enquiry, currently we quit trading for 5 minutes every night at midnight (CY Time), as this is the time that the daily trading session completes for our Liquidity Providers. At this time every night, our Liquidity Providers carry out their daily reconciliations and draw their pricing for quite a brief time period while this can be completed. Because of this temporary withdrawal of liquidity we see a widening of our spreads and a decrease in the liquidity available for our customers, in order to prevent our customers being influenced from these unnatural market conditions we would rather suspend trading till 00:05, when our Liquidity Providers have all returned pricing.

    We will take your issue under consideration and when any decision is made to modify our trading session we will be in touch directly.

  8. #18
    Quote Originally Posted by ;
    How much is the minimum deposit in FxPro?
    Hello! We recommend to start with at least $500 on our MT4 account, and $1000 on our ECN account. However, you are in a position to deposit as little as 100.

  9. #19
    Chart differences (USDCAD one second chart ). Alpari MT5 vs FxPro MT4)
    Can someone explain how this is possible? Examine the 15:30 on the pics. Btw FxPro's result is compatible with other sources while Alpari's is different. It is not the first time I see this type of item on Alpari.


  10. #20
    Thank you for your explanation on the MM and ECN/STP, it shows that your chart in both MT4 and cTrader will probably be showing the exact same thing in most timeframe. Please confirm your opinion.

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