Executing large orders: Without question, FxPro's best feature is its ability to execute large trading orders, which can be placed with no minimum distance away from the current market price. Active traders: FxPro offers an Active Trader program, & provides loyalty rewards for its longstanding traders. Other platforms such as MT4 and web traders offer fixed pricing models. Fixed pricing: On MT5, there is no fixed spread offering, and only market execution is available. Spreads: FxPro's floating rate model (variable spread) is available on both MT4 and MT5, with EUR/USD spreads of 1.57 pips for accounts on market execution (1.51 pips on MT5) and 1.71 for accounts with instant execution, as per August 2020 data from FxPro. FxPro's effective spread to trade EUR/USD is roughly 1.27 pips, based on 0.37 average spread + 0.9 pip commission equivalent on cTrader, using August 2020 data. Commissions: FxPro offers its most competitive spreads on its cTrader platform, which uses commission-based pricing. Instant execution is subject to requotes but no slippage, while market execution has the potential for slippage but without requotes. For the variable spread pricing, there are two types of execution-based pricing: instant and market. Execution method: On FxPro MT4, you can choose either variable or fixed spreads. However what they lose in price is far outweighed with better options & service. FxPro's pricing is slightly higher than the industry average, putting it at a small disadvantage compared to its peers, such as Etoro or HF Markets, who both also offer the full MetaTrader and cTrader suites just like FxPro does.
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