FxPro Discussion

Dear Members,

Further to our previous communications regarding the Greek debt crisis and upcoming referendum on Sunday July 5, we would like to advise you of the following:

Following a prudential approach, we have decided to increase margin requirements to 2% for trading the following instruments:

– Euro crosses

– G20 currency crosses

– Precious metals

In other words, the available leverage for trading the above instruments will be limited to 1:50. These new margin requirements will only apply to new positions that are placed between Friday, July 3, 2015, 12:00 to Monday, July 6, 2015, 02:00 (server time) unless otherwise advised.

We will update you when normal trading conditions are due to resume.

*Update: Increased margin requirements do not apply to the following pairs: CHFPLN, CHFSGD, NOKSEK, NZDCHF, NZDSGD

As always, shall you have any questions, please do not hesitate to contact us.

Kind Regards,

FxPro Team

Dear members,

We are delighted to announce that as of Monday September 21st 2015, shares trading has also been made available to clients registered with FxPro UK.

This greatly expands the trading opportunities available to FxPro UK clients, as you will now have the option to trade over 150 large cap shares from the following countries:

100 US Shares
30 UK Shares
10 French Shares
15 German Shares

If you have any information regarding these new products, please do not hesitate to contact our Support Team.

Kind regards,

FxPro Team

Dear Traders,

Today we are proud to announce, that FxPro Financial Services Limited has acquired authorisation by the South Africa Financial Services Board (FSB) to operate as a Financial Service Provider (FSP; licence no. 45052). The newly granted authorisation gives FxPro the opportunity to expand its operations on a significant scale and to reach new customers with its award-winning services.

We are delighted at the prospect of extending our services to new customers. The FSB authorisation gives us a key advantage and opens up an array of opportunities, as we believe that there is significant market potential for FxPro. We welcome it as another step towards growth.

[B]FxPro CEO, Charalambos Psimolophitis.[/B]

As an online broker, FxPro currently serves clients in more than 150 countries. Clients benefit from no-dealing-desk execution, deep liquidity and competitive pricing, as well as from a continuously growing product offering that now includes 6 distinct asset classes.

FxPro Financial Services Limited remains authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC; license no. 078/07). Trading CFDs involves significant risk of loss.

Kind regards,
FxPro Team

Dear Traders,

Earlier this year, we took the initiative to publish quarterly statistics relating to our standards of service. The decision was made in an effort to increase transparency in the FX market and encourage more industry participants to be as forthcoming about their operations.

Today, FxPro is pleased to announce its slippage and execution percentages for the months of July, August and September, 2015.

FxPro’s Q3 slippage statistics are as follows:

[ul]
[li] Positive = 43.4%
[/li][li] At Quote = 39.6%
[/li][li] Negative = 17.0%
[/li][/ul]
Re-quote percentages for the same period:

[ul]
[li] Re-quotes = 4.5%
[/li][li] Positive = 2.8%
[/li][li] Negative = 1.7%
[/li][/ul]
[B]FxPro CEO, Charalambos Psimolophitis[/B], commented:

“Our execution statistics are very encouraging. Even though there was increased market volatility during the third quarter of 2015, we have managed to register these promising figures that reveal slippage symmetry and testify to our advanced execution and order-matching technologies. It remains our aim to continue providing our clients with flawless service and order execution, even in the most volatile of market conditions.”

Trading CFDs involves a high risk of loss.

Kind regards,
FxPro Team

Dear Traders,

We are delighted to announce that FxPro has been awarded “Best FX Broker” at the prestigious Shares Awards, making this the third time in as many years for achieving the accolade!

In the last year, we have successfully improved trade execution and reduced latency for our clients, while having also launched the initiative for greater transparency by publishing our execution statistics on a quarterly basis.

Michael Boydell, Managing Director of AJ Bell Media Ltd, commented:

“Congratulations to FxPro for deservedly winning Best FX Broker and making it a hat trick. Their continual recognition at the Shares Awards shows how year-on-year they are consistently meeting the demands of investors and traders with their innovation and transparency.”

Thank you all for your support, and congratulations to our team!

Dear Members,

We are delighted to inform you that FxPro was named “Best Forex Provider” at the 2015 Investors Chronicle & Financial Times Investment & Wealth Management Awards, which took place at the Plaisterers’ Hall in London, UK, last night. This is the second year in a row that FxPro takes home the accolade.

This has been a very successful year for FxPro. Over the past year we have launched our FxPro MT5 trading platform, received new regulatory authorisation in South Africa, and expanded our product range with the addition of new trading instruments.

We would like to congratulate our team and give thanks to you for your support, and to the readers who voted for us!

Kind Regards,
FxPro Team

Dear Traders,

FxPro would like to announce the expansion of its product offering with the addition of four new spot indices that are already available for trading.

Our new index symbols are the following:
• US30 (Dow Jones Industrial Average): Comprises 30 large cap US shares from a variety of industries, including household names such as Apple and General Electric
• USSPX500 (S&P 500): Tracks the performance of 500 of the largest publicly owned companies in the United States
• AUS200 (ASX 200): Follows the value of the largest companies traded on the Australian Securities Exchange
• Japan225 (Nikkei 225): Consists of 225 of Japan’s largest publicly traded companies, including brands like Sony and Nissan

For a full list of all available spot indices, visit: bit.ly/FxProIndices

Trading CFDs involves significant risk of loss.


Dear Traders,

As another year draws to a close, all of us here at FxPro would like to extend our warmest wishes to you for happy holidays filled with health, joy and love.
It has been a turbulent 2015, but one that saw us standing by our clients and doing everything in our power to protect them from outlier events.

We would like to thank all of you for your continued support and loyalty. You have helped make FxPro one of the leading brokers in the world, and we look forward to providing you with more instruments, better prices and a truly world-class service in the future.

Join us as we revisit the economic events that shaped a most memorable year - www.fxpro.co.uk/year-in-review

Trading CFDs involves significant risk of loss.

Dear Traders,

Staying true to our commitments to increased transparency, we have today published our slippage and re-quote statistics for Q4, 2015.

FxPro is pleased to announce its trade execution statistics for the fourth and final quarter of 2015. For the months of October, November and December, slippage and re-quote percentages reached the following levels:

Slippage statistics:

● Positive = 37.5%
● At Quote = 37.7%
● Negative = 24.8%

Re-quote statistics:

● Re-quotes = 5.95%
● Positive = 2.99%
● Negative = 2.96%

2015 was a particularly busy year for FxPro, during which we introduced new trading products, updated our existing services and increased the number of financial instruments we offer. It was also a record-breaking year which saw an increase in the average daily volume traded by our clients, as well as a notable rise in the average number of trades executed per day.

FxPro CEO, Charalambos Psimolophitis, commented:

“Looking at our execution statistics for Q4 alongside the respective metrics for the three previous quarters of 2015, we see consistency and continuous slippage symmetry, with the latest percentages reaffirming the reliable and flawless quality of trade execution that FxPro offers.”

FxPro Announces Trade Execution Statistics for Q4 2015

Trading CFDs involves significant risk of loss.

Dear traders,

FxPro has partnered with Solace Systems to boost the capacity and performance of our messaging infrastructure.
[B]
FxPro Enhances its Infrastructure with Solace Messaging and Web Streaming Technology.[/B]

[I]16 February 2016, London. Online broker FxPro has partnered with Solace Systems to boost the capacity and performance of its messaging infrastructure, in what is the latest strategic step for meeting the demands of its growing client base.

More specifically, FxPro has invested in the Solace Message Router Appliances and Solace Virtual Message Routers to power internal and customer-facing interfaces over wide area networks and via web and mobile devices. With its robust features and unified API and administration framework, Solace is in position to offer FxPro the tools required for supporting its daily operations and strengthening customer satisfaction.

FxPro CIO, Panayiotis Annivas, commented:

Our business is growing rapidly and it is necessary that we continue to offer a world-class trading experience and customer service as we expand our offering to cover more asset classes and geographies. Solace gives us a rock-solid foundation on which we know we can build and grow our business to meet customer demand.

Solace Systems CEO, Craig Betts, commented:

It takes an innovative approach and world-class infrastructure to satisfy the trading needs of forex customers in over 150 countries, and FxPro has both. We’re proud that they’ve selected our technology as the framework that ties together their many applications, locations and customer interfaces.
[/I]

Kind regards,
FxPro Team

Trading CFDs involves significant risk of loss.


Dear Members,

The voting period for this year’s City of London Wealth Management Awards has started!

Show your support for FxPro as ‘Best FX Provider’, as well as for our Chief Economist, Simon Smith, as ‘Best Industry Commentator’, by voting at this year’s City of London Wealth Management Awards.

Voting Page

Kind Regards,
FxPro Team

FxPro Announces Execution Statistics for Q1 2016

Online broker FxPro is pleased to disclose key trade execution statistics for the first quarter of 2016. For the months of January, February and March, slippage percentages were as follows:

• Positive = 46.93%
• At Quote = 31.81%
• Negative = 21.26%

The figures above show the percentage of trades that were executed without slippage, as well as that of trades executed with negative slippage or at a better price than requested. It is notable that these figures not only reveal the significant percentage of trades that benefitted from positive slippage, but also demonstrate a decrease of more than 3.5% in trades that incurred negative slippage and an increase of more than 9.4% in trades executed at a better price when compared to the numbers registered during the fourth quarter of 2015.

The first three months of 2016 also saw a decrease in re-quote percentages:

• Re-quotes = 5.01%
• Positive = 2.23%
• Negative = 2.78%

FxPro CEO, Charalambos Psimolophitis, commented:

“It has been a year since we took the initiative to systematically publish our execution statistics. The purpose of this move remains twofold: to provide traders with valuable information about our standards of service, and to encourage greater transparency in the FX industry. It is pleasing to see positive developments gradually taking place, as is to observe the continuous improvement of the quality of trade execution we offer.”

FxPro Announces Execution Statistics for Q1 2016

Trading CFDs involves significant risk of loss.

[B]FxPro Wins ‘Best FX Provider’ at the 2016 City of London Wealth Management Awards [/B]

FxPro is pleased to announce that it has received the ‘Best FX Provider’ award at the 2016 City of London Wealth Management Awards, making this the third year in a row that we accept this prestigious accolade.

This year’s COLWMA nominees were initially determined by an independent panel of judges before individual traders and investors were asked to cast their vote. The winners were announced at a ceremony held on Tuesday, April 12, at The Guildhall in London, the aim of which was to recognise and celebrate the quality of service offered by some of the leading Wealth Management companies and individuals in the industry.

Over the past year, FxPro has invested greatly in enhancing the trading conditions provided to traders, as well as in enriching its range of products, tools and educational services, all with the purpose of offering an unparalleled trading experience to clients. It is therefore particularly rewarding to see that we remain the broker of choice of forex traders for yet another year.

FxPro CEO, Charalambos Psimolophitis, commented:

“After a busy first quarter, during which we focused on product updates and service improvements, it is pleasing to see that FxPro remains a preferred and most trusted broker. We welcome this award and continue to work hard towards meeting the demands of our clients.”

Trading CFDs involves significant risk of loss.

[B]FxPro Introduces MT4 Account with Market Execution and Lower Spreads[/B]

Following the expansion of its product range, online broker FxPro is now expanding its range of trading accounts by introducing MT4 with market execution. This account type and its demo version are available to all registered clients as of today, May 18.

With this account, FxPro is also introducing the lowest spreads ever to appear on its MT4 platform. Specifically, clients who wish to trade in the familiar environment of MT4 with market execution can expect lower spreads across all currency pairs, as well as across commodities. This new account also offers the award-winning order execution that FxPro delivers across its range of platforms, and orders are executed at the volume-weighted average price (VWAP), that is essentially the best available market price as provided by FxPro’s pool of liquidity providers.

The FxPro MT4 account with market execution is primarily aimed at clients who prefer trading on the popular MT4 platform, yet wish to enjoy the benefits of market execution. Clients of FxPro may still trade on MT4 with instant execution and fixed or floating spreads, or opt for an MT5 or cTrader account with market execution.

FxPro CEO, Charalambos Psimolophitis, commented:

“After closely inspecting our clients’ requests, we have decided to proceed with offering market execution on our MT4 platform while lowering our spreads even more. We expect that this development will be well-received by traders. As always, we appreciate any feedback by our clients as we continue to work towards enhancing and expanding our product range.”

FxPro Introduces MT4 Account with Market Execution and Lower Spreads

Trading CFDs involves significant risk of loss.

Been with you for a while now, but never before had a trade closed 5 pips short of my stop loss. What the hell is going on?
I’ve heard of slippage but this is taking the mickey

FxPro, after a week with no reply either here or via p.m., am Ii correct in thinking you don’t give a damn?

Hi eddie, I am also using fxpro at the moment I have encountered slippage by a few pips in the past also had a poor response to emails.

Dear eddieb,
Please refer this question to our Customer Support team, who is available 24/5 via:

Kind regards,
FxPro Team

FxPro Announces Q3 2016 Execution Statistics

Online broker FxPro is pleased to announce key execution statistics registered during the months of July, August, and September 2016, honouring its commitment to disclose these metrics on a quarterly basis.

For yet another quarter, the order execution data registered reflect FxPro’s ongoing focus on slippage symmetry, with Q3 results on a par with the ones observed in previous quarters and positive slippage percentages revealed to be consistently high. During this three-month period, slippage percentages reached the following levels:

[ul]
[li]Positive = 36.23%
[/li][li]At Quote = 35.96%
[/li][li]Negative = 27.81%
[/li][/ul]
Re-quote percentages for Q3 were as follows:

[ul]
[li]Re-quotes = 4.26%
[/li][li]Positive = 1.99%
[/li][li]Negative = 2.27%
[/li][/ul]
FxPro executes client orders with no-dealing-desk intervention and continues to set higher standards across the industry, having recently received the ‘Best FX Execution, Global’ award at the 2016 CFI.co Awards. At the same time, FxPro remains focused on providing clients with continuously enhanced trading conditions, upgrading its services by introducing more trading instruments and additional products and tools.

Trading CFDs involves significant risk of loss.

Dear FxPro,

I have one question for you. I am located in Austria. If i open real account with you, i will have FxPro located in Germany or UK?
Why you closed office in Austria?

My main tax country is Austria, so this means that i need to pay all my taxes (also forex) in Austria.
Do i need to pay also additional forex tax in country where FxPro is located? How is with this? It is really not clear to me.

Do you provide every year like a win-loss report for you Clients? Because this is needed for tax purposes …

Regards