Experts Release a Detailed FxPro Broker Review, Here Is What It Says
Traders Union analysts have completed a comprehensive assessment of 350 Forex brokerage firms, revealing their selection of the Top Best Forex Brokers for September 2023.
During this evaluation, experts focused on a key platform, FxPro, which exhibited a strong performance within the specified period.
Utilizing the unique TU Methodology, the experts went into a series of assessments, focusing on various aspects, such as financial performance, reliability, safety, trading conditions, and customer service records of these platforms.
Traders Union emphasizes the importance of aligning individual financial objectives with a chosen Forex broker. This ensures that a harmonious fit exists between one’s profit objectives and the services offered by the selected company.
In the latest rankings, FxPro secured the 4th position out of all the companies evaluated by Traders Union experts. This represents a significant improvement from its previous settlement at the 13th position, after garnering a stellar TU Overall Score of 9.57 out of 10.
Last year, it was the recipient of the Dynamic Development award during the Traders Union Awards 2022. It has outpaced other popular brokerage firms namely AAFX, AMarkets, Pocket Option, OctaFX, Libertex, and Forex4you during the latest deliberation.
During the assessment, the TU methodology assigns significant weight to a brokerage firm’s reputation. With a regulatory presence in Cyprus, the Bahamas, the United Kingdom, and South Africa since 2006, FxPro achieved an impressive Regulation and Safety score of 8.95 out of 10.
It holds licenses to operate from the top regulating bodies in the financial markets including the United Kingdom’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC).
Talking deeper into its features, Traders Union pointed that FxPro stands out for its provision of cutting-edge technology and trading tools, encompassing MT4, MT5, Mobile Trading, cTrader, and FxPro Edge. These offerings provide a robust foundation for more profitable and convenient trading experiences.
Operating across over 170 countries, FxPro offers a diverse range of asset classes, including Forex, metals, crypto, CFDs, indices, and stocks. Experts also took notice of FxPro’s automated transaction monitoring and risk management system, designed to protect traders from negative balances.
Additionally, the platform ensures client funds by participating in an investor compensation fund, backed by a substantial capital reserve of 100 million EUR.
FxPro broker review by Traders Union highlights that FxPro is advisable for investors just starting out in Forex trading, as it offers access to tested advisors helping novice traders acclimatize with the fast-paced nature of the industry.
The company boasts a 100 million euro capital and has been operating in the market since 2006, sealing its name as one of the most reliable and trusted brokerage firms around the world.
Traders Union is a finance portal trusted by millions of financial markets participants around the world.
Since its inception in 2010, the platform has provided unbiased and complete reviews of brokerage firms, and released broker rankings to highlight ones that offer comfortable trading conditions for retail and institutional investors.
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