Skip to content
ForexMedia.com
MENU
  • Forex
  • Forex Analysis
  • Forex Brokers
  • Forex Demo Account
  • Forex Guide
  • Forex News
  • Forex Tips
Home » Brokers » FxPro cTrader: WebTrader and Direct MT4 Broker Review

FxPro cTrader: WebTrader and Direct MT4 Broker Review

October 29, 2021November 27, 2021by ForexMedia News

FxPro cTrader Review for Beginner Trader. Leading Forex and CFD broker. The review includes cTrader and Webtrader platforms and direct login MT4 integration.

FxPro is a world-leading online forex and CFD broker. The brokerage facilitates 24/5 trading with 6 different asset classes and over 260 different financial instruments.

Also read: What is Copytrade eToro? Trading Like eToro’s Top Traders

This Review of FxPro cTrader will look at both the benefits and the drawbacks, including trading platforms, demo accounts, fees, and additional trading tools, before wrapping up with a final verdict.

FxPro cTrader

FxPro cTrader allows you to trade with access to the full depth of the market, as well as to volume information per instrument.

fxpro ctrader forex broker trading platform

For those seeking Market Execution and an added level of market resolution, cTrader has everything you need from a forex trading platform, and more.

Also read: What is Spread Broker? This is the Definition and Role!

FxPro cTrader Desktop

Key features: Spreads from 0 pips, Full market depth, No restrictions on stop/limit levels, Full Market Execution.

Also read: What is a Forex Broker? This is the Definition and Regulations

Download FxPro cTrader for PC: http://fxpro.ctrader.com/ctrader-FxPro-fxpro-setup.exe

FxPro cTrader Web

FxPro cTrader Web brings all the benefits of true ECN trading right to your browser. Now you can log in to your cTrader account wherever you are, without having to install any software.

Also read: eToro MT5 Review: The Three Key Findings for 2021

Take advantage of FxPro’s trading advantages, with full market depth and trade volume information, open and close positions with a single click, and never miss another opportunity again.

Visit FxPro cTrader Web: http://ct.fxpro.com/

FxPro cTrader Mobile

Try the cTrader mobile application and experience trading on the go. Now you can access your cTrader accounts from any iOS or Android device and benefit from the same ultra-low latency trading infrastructure that FxPro prides itself on.

Also read: Can Beginner Traders Use MT4 eToro Forex Trading Platform?

Download FxPro cTrader for Android and iOS:

  • https://play.google.com/store/apps/details?id=com.fxproctrader.ct
  • https://itunes.apple.com/app/fxpro-ctrader/id838925664

A Brief History

Volume and experience account for a lot, and FxPro promises both. The brokerage came to life in 2006 and has since asserted itself as a leader in the forex space.

It has expanded to offer direct trading to customers from over 170 countries. Along the way, the company has picked up over 85 prestigious international awards.

Also read: 8 Checklist How to Choose a Good and Trusted Forex Broker

Their expansion has also led to the creation of offices in London, Cyprus, and the Bahamas. Note FxPro Financial Services Limited is actually owned by the FxPro Group Limited.

FxPro Group Limited is the holding company of:

  • FxPro UK Limited, authorized and regulated by the Financial Conduct Authority (registration no. 509956).
  • FxPro Financial Services Ltd, authorized and regulated by the Cyprus Securities and Exchange Commission (license no. 078/07) and authorized by the Financial Sector Conduct Authority (‘FSCA’) (authorization no. 45052).
  • FxPro Global Markets Ltd, authorized and regulated by the SCB (license no. SIA-F184).

Also read: 4 Ways How to Distinguish an Honest and Scam Forex Broker

Furthermore, traders from the UK and the EEA are protected under the Financial Services Compensation Scheme (FSCS) and Investors Compensation scheme respectively.

If you register for the FxPro trading system there is a reasonable chance you will have come across their sponsorship of sports teams and events, including Fulham, Aston Villa, and Watford FC in the past.

The partners and over 200 employees continue to back local communities with their revenue.

Also read: 6 Types of Forex Brokers: DD, NDD, Hybrid, STP, ECN or Regulated?

FXPro Facts and Figures

Multi-Award winning broker. Specializing in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.

  • Instruments: CFDs on Forex, Metals, Indices, Energies, Futures Shares
  • Demo Account: Yes
  • Min Deposit: $100
  • Payment Methods: Credit Card, Neteller, PayPal, Skrill, UnionPay, Wire Transfer
  • Min Trade: 0.01 Lots
  • Regulated By: CySec, FCA, SCB, FSCA
  • MT4 and MT5: Yes
  • CTrader: Yes
  • ECN, STP, DMA Account: No
  • Mobile Apps: IOS, Android, and Windows
  • Margin Trading: No
  • Auto Trading: Allowed
  • Social Trading, Copy Trading, Trade Signals: No
  • Islamic Account: Yes
  • Account Currencies: USD, EUR, GBP, AUD, JPY, ZAR, CHF

Also read: What is Forex Trading: Definition, Markets and Forex Basics

CFD

  • FTSE Spread: 1.58 Pts (Ave)
  • GBPUSD Spread: 2.39 Pips (Ave)
  • Oil Spread: 0.07 (WTI Ave)
  • Stocks Spread: Variable
  • Leverage: 1:200

Also read: The 6 Type Forex Market Participants In The World

FOREX

  • GBP/USD Spread: 2.39 pips (Ave)
  • EUR/USD Spread: 1.58 pips (Ave)
  • EUR/GBP Spread: 1.74 pips (Ave)
  • Assets: 430+

Also read: 6 Reasons and Advantages of Forex Trading that You Must Know

CRYPTOCURRENCY

FxPro offers retail cryptocurrency CFD trading on 18 of the most popular tokens in the Defi world.

  • Spread: Variable
  • Coins: BAT, BCH, BTC, DOG, DOT, DSH, EOS, ETC, ETH, IOT, LNK, LTC, NEO, XLM, XMR, XRP, ZEC

Also read: Simple Guide How to Make Money From Forex Trading Up To US$1000

Markets and Instruments

Customer review and ratings are positive of the breadth of products on offer. Users can trade-in:

  • Stock CFDs: 2000+
  • Futures: 24 contracts
  • Spot Metals: 7 precious metals
  • Spot Energies: 3 energy commodities
  • CFDs for Currency Pairs: 70 FX pairs
  • Market Indices: 19 spot market indices
  • Cryptocurrency CFDs: 18+ (non-UK only)

The broker’s extensive selection of global stock CFDs is particularly impressive. Clients can diversify their portfolios with assets from a range of industries and countries.

Note you cannot trade in binary options and spread betting is only available to UK customers.

Also read: Top 4 Forex Trading Risks You Must Understand, Don’t Lose!

Minimum Initial Deposit

The minimum deposit at FXPro is just $100. However, the brokerage does advise making a minimum deposit of $500 to $1000.

Spreads and Commissions

Spreads are competitive but depend mostly on the type of trading account held and asset traded. For example, with the MT4 account, minimum fixed spread quotes are around 1.2 pips.

With an MT5 account and FxPro cTrader account, minimum live spreads are 1.4 and 0 pips. Opt for a Markets account and spread quotes start at 1.2 pips.

On top of the spread, a commission charge of $45 is in place per million USD traded.

Leverage

Traders also have the option of margin trading, requirements for which will depend on your account type.

Trading with gold leverage, for example, allows you to increase your position size and capitalize on potential opportunities in gold prices.

However, there are also risks. Leveraged trading can accelerate losses as well as gains. FXPro does offer negative balance protection, however, so clients cannot lose more than the initial deposit.

The maximum available leverage is 1:200 (at FXPro Global Markets Limited only). Pro Clients can access leverage up to 1:500. See the official website to plug your details into a leverage calculator.

Other Fees

There are some changes to be aware of. For example, overnight and rollover rates will see you pay $8.13 for EUR/USD long positions, while the short positions come with a $2.23 charge.

There is also an inactivity fee should an account be left dormant for an extended period. There are no fees for making a withdrawal.

Overall FxPro spreads and fees are competitive and of good value when you take into account the range of trading tools and resources available.

Having said that, FxPro cTrader could improve its offering by introducing some welcome promotions and deposit bonuses. Note: FxPro acts as a market maker applying a non-dealing desk intervention execution model.

FxPro Trading Platforms

fxpro ctrader forex broker trading platform

MetaTrader 4 and MetaTrader 5

Once you have your direct account login details you can choose from a number of trading platforms. FxPro offers the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Head to the official website for a link to instantly download both platforms.

Both systems receive glowing customer reviews, promising reliability, multiple order types, and negative balance protection. Furthermore, they support automated trading through Expert Advisors (EAs).

Their diversity also means they will work for trading on the news, scalping systems, and with other techniques.

In addition, you can now use MT4 WebTrader to log in to all accounts whatever your location. You can also download Autochartist as a plugin to benefit from their advanced trading tools.

Although whether MetaTrader systems are good or bad will depend on who you ask, the majority of traders agree they are comprehensive, thorough, and more than capable of meeting the needs of most users.

Head to the FxPro Trading Academy to find MetaTrader 4 tutorials for Mac and Windows users.

FxPro cTrader

Feedback from the cTrader users is also fairly positive. The free cTrader system platform download was designed for CFD traders. As a result, you can place orders while retaining a clear view of market depth.

The platform will work for Mac users and on Windows desktops. You also benefit from rapid execution speeds.

FxPro Edge

FxPro Edge is the latest addition to the FXPro platform offering. It provides investors with a new way to trade the markets.

It is a highly customizable web-based platform, which enables traders to place their orders without the need to download and install any additional software.

FXPro Edge (Spread Betting) is only available to clients of FxPro UK Limited that reside in the United Kingdom. This is a separate platform from FXPro Edge.

FxPro Edge is available for all demo users:

  • Forex, Shares, Spot Indices, Spot Metals, and Spot Energies
  • Limited Risk Account at no additional cost
  • No commission
  • Tight spreads
  • Tax-free (tax laws are subject to change and depend on individual circumstances).

Unsurprisingly, platform reviews overall are positive and praise the numerous options available.

Mobile Apps Trading

Reviews and ratings of FxPro’s mobile offering are positive. They offer iOS and Android trading apps for mobiles and tablets.

Once you sign up, simply head to the iOS App Store and Google Play Store to download the relevant app. You have access to three mobile apps:

  1. 1. FXPro App
  2. MT4 for Mobile
  3. MT5 for Mobile
  4. FxPro cTrader for Mobile

The apps are reliable and give you access to nearly all the same features and functionality of the desktop-based platforms. In fact, you can:

  • Conduct daily technical analysis with over 50 technical indicators
  • Manage your positions from widgets within your smartphone
  • Get commentary on the US dollar (USD) index and more
  • View and interpret historical data
  • Set up signals and alerts
  • Browse the EA library

Overall, reviews of the mobile apps are good. Users get to benefit from the same ultra-low latency trading infrastructure of the desktop platforms.

Furthermore, the iPhone, iPad, and Android apps can work to supplement your desktop platform or for trading directly from.

Account Types

You get a choice of four live trading accounts with FxPro, below is an account breakdown and comparison:

  1. FxPro MT4: You can trade on currency pairs, equities, market indices, metals, and energies. In addition, EAs are supported. You also benefit from fixed and floating spreads. On top of that, you have instant market execution and maximum leverage of 1:500. (Note: Retail clients under CySec and FCA will have maximum leverage of 1:30, Professional clients 1:500 and SCB jurisdiction clients 1:200)
  2. FxPro MT5: These accounts are fairly similar but use a different platform. You get all the same markets and instruments, and then Market execution and floating spreads.
  3. FxPro cTrader: You get nearly all the same instruments, apart from equities and futures. In addition, you have algorithmic trading through cAlgo.

For fixed spread accounts, you may want to opt for the MT4 option. Having said that, all promise straightforward account ownership and management. Rankings will depend on individual requirements and personal preferences.

Note FxPro does not offer ECN managed or micro-accounts. Reviews nonetheless are positive about the number of account options available. In fact, many competitors offer just one live account option.

Demo Account

You can also open a FxPro demo account. Once you log in you have $500,000 in virtual cash to play around with. You can download various demo platforms, including MT4, MT5, and cTrader.

The demo server makes for a great central trading hub to get familiar with markets and develop strategies. Then when your confidence has grown you can upgrade to a live account. There are even occasional demo contests where you can put your practice to the test against other traders.

Contact customer support if your MetaTrader 4 or 5 demo account is disabled.

Also Read:

  • 5 Steps How to Register FXTM Demo Account for Beginner Traders
  • 7 Steps How to Register Exness Demo Account for Beginner Traders
  • 7 Steps How To Create OctaFX Demo Account for Beginner Traders
  • 8 Steps How To Create XM Demo Account for Beginner Traders
  • 10 Steps How To Create FBS Demo Account for Beginner Traders
  • 5 Steps How To Create InstaForex Demo Account For Beginners

FxPro cTrader Benefits and Bonus

There are a number of reasons to sign up for a trading account with FxPro, including:

  1. Demo account: The broker promises a free demo account where prospective users can test drive the platforms.
  2. Global stock CFDs: More than 2,000 global share CFDs from a range of industries and countries are available on the MetaTrader 5 platform.
  3. No dealer intervention: Traders can benefit from tight spreads, high liquidity, and zero slippage on Instant Execution.
  4. Automated trading: EAs can be used to capitalize on algorithmic trading and scalping strategies.
  5. Trading tools: FxPro offers a range of advanced tools and indicators. On top of that, you get a choice of MT4, MT5, cTrader, and FxPro Edge.
  6. FxPro Academy: From webinars and user guides to tutorial videos and PDFs, users can benefit from top tips and guidance from traders with years of experience.
  7. Product list: FxPro offers access to a wide range of markets and instruments. In fact, they now allow users to speculate on cryptocurrencies, such as Bitcoin (BTC/USD) and Ethereum (ETH/USD).
  8. Commentary & Analysis: When you take FxPro vs HotForex, AvaTrade, and IG, you realize the former offers a wealth of in-depth daily market commentary. On top of that, you get network sharing and technical analysis support.
  9. Customer service: FxPro promises numerous customer support channels in nearly 20 different languages. This offering vs Plus500, Pepperstone, eToro, and other alternatives demonstrates their commitment to aiding customers, particularly beginners.
  10. Account flexibility: You can hold an account with nearly every widely-used currency: EUR, USD, GBP, CHF, JPY, PLN, AUD, ZAR (FxPro Financial Services Limited); EUR, USD, GBP, CHF, JPY, PLN, AUD (FxPro UK Limited); EUR, USD, GBP, CHF, PLN, ZAR, JPY, AUD (FxPro Global Markets Limited). In addition, Islamic swap-free accounts are available.

FxPro Trading Hours

Forex trading hours are 24 hours per day, kicking off at 22:00 Sunday and closing at 22:00 Friday (GMT time). Other products follow industry-standard market hours. Then when you log on, opening hours will appear depending on your MT4 server time zone.

See the official FxPro website for holiday trading hours and specific products, such as gold trading hours.

FxPro has recently expanded its cryptocurrency training hours from weekdays only to 24/7 to allow retail traders unbridled access to the Defi markets.

FxPro Verdict

So is FxPro a good broker? Despite some differing opinions, the vast majority agree the broker provides all the resources required to build a highly profitable system.

In particular, user reviews were positive about the choice of accounts and platforms, not to mention the transparent fee structure and reliability. Overall then, FxPro makes for a worthy home for traders of all experience levels.

For further guidance, see our brokers list.

Accepted Countries

FxPro cTrader Broker accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, and most other countries.

Traders can not use FXPro from Iran, the United States, Canada, Zimbabwe, Myanmar, New Zealand, Iraq, and several others.

FxPro cTrader is a multi-Award-winning forex broker. Specializing in Forex but also offering stocks and tight spreads on CFDs and Spread betting across a huge range of markets.

Most searched keywords:

  • best forex broker
  • oanda eur usd
  • forex paypal
  • mt5 futures broker
  • cfd forex brokers
  • forex etoro
  • fx pro ctrader
  • copytrade etoro
  • trade forex
  • spread broker
  • etoro trustpilot
  • etoro mt5
  • mt4 etoro
  • etoro paypal
  • etoro apple
  • broker etoro
  • trade etoro
  • etoro google play
  • etoro visa card
  • interactive broker eu
  • gold etoro
  • broker ibkr
  • broker futures trading
  • broker saxo
Posted in BrokersTagged cTrader for Web-Enabled Devices, cTrader vs MT4, cTrader Web IC Markets, cTrader Web Login, cTrader Web Platform, Foreign Exchange, Forex, Forex Brokers, Forex Market, Forex Trader, Forex Trading, Forex Trading Web Platform, FxPro, FxPro cTrader, FxPro cTrader Download, FxPro cTrader Web, FxPro cTrader Web Platform, FxPro MT4m, Spotware cTrader

Post navigation

Previous post What is Copytrade eToro? Trading Like eToro’s Top Traders
Next post eToro MT5 Broker: The Three Key Findings for 2021 Trade Forex

Popular Forex Tags

Broker IBKR Broker Interactive Brokers Demo Account eToro Foreign Exchange Forex Forex Analysis Forex Broker Forex Broker IBKR Forex Brokers Forex Demo Forex Demo Account Forex Platform Forex Software Forex Trading Forex Trading Platform Forex Trading Software IBKR Broker IBKR Broker Coupons IBKR Broker Discount IBKR Broker Education IBKR Monthly Fees Interactive Broker EU Interactive Broker Forex Interactive Brokers Interactive Brokers Offers Interactive Brokers Review Software Forex Stocks Brokers

Forex Demo Account

  • how to register fxtm demo account for beginner traders 5 Steps How to Register FXTM Demo Account for Beginner Traders
  • how to register exness demo account for beginner traders 7 Steps How to Register Exness Demo Account for Beginner Traders
  • how to create octafx demo account for beginner traders 7 Steps How To Create OctaFX Demo Account for Beginner Traders
  • how to create xm demo account for beginner traders 8 Steps How To Create XM Demo Account for Beginner Traders
  • how to create fbs demo account for beginner traders 10 Steps How To Create FBS Demo Account for Beginner Traders
  • how to create an instaforex demo account for beginner traders 5 Steps How To Create InstaForex Demo Account For Beginners

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: ForexMedia News provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect’s individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and ForexMedia News specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. ForexMedia News expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Copyright © Forex Media News | About Us | Disclaimer | Privacy | Term of Use | TOS
Manage Cookie Consent
Personalized ads and content, ad and content measurement, audience insights, and product development.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
Preferences
{title} {title} {title}