At the time your Take profit is triggered, if a price exists in the market which is in your favour, FxPro will fill you at the better price. A ‘Market Order’ applies to the MT4 Market, cTrader, MT5 & FxPro platforms and dictates that you want to enter the market at the xcritical market price, no matter what that may be. Market Orders are filled at VWAP (Volume Weighted Average Price), meaning that you may receive a price above, below or on the price you saw when you executed the order. Also note that higher leverage increases the effect of spread and Swap fees as a % on your invested capital.
You can open multiple accounts with different settings and on different FxPro platforms (MetaTrader 4, MetaTrader 5, cTrader etc) using the FxPro app. At the core of the app lies the FxPro Wallet, which keeps your funds from participating in the trading process and safe from market risks. Please note that you can also access the Metatrader 4 or 5 platform directly with your account number and password that you received by email. If you already have a registered account with FxPro Direct Web, you can download our application for free from Google Play or AppStore and log in with the same details that you use for FxPro Direct Web. Once you click on it, system will automatically send email containing a new temporary password. The swap is calculated and charged once every weekday, however, to account for weekends, a triple charge will take place on Wednesday for FX & metals, and on Friday for other instruments.
At the core of the app lies the ‘FxPro Wallet’, which keeps the clients’ capital from participating in the trading process and safe from market risks. Funds can be transferred in xcritical scam the “Top-up” section of the app, via a Bank Transfer, Neteller, Skrill, PayPal, NganLuong or Bank Cards. Funds are credited instantly and 24 hours a day (subject to KYC and AML procedures). Yes, as long as the specific trading account you are transferring from does not have any open positions. You can view all available deposit methods and processing times specific to your country and jurisdiction by logging into your FxPro account.
- (Provided that it can receive payments) The methods that remain to be refunded will be clearly displayed to you in FxPro Direct.
- Everything is designed to simplify account management and improve the user experience for both novice and experienced traders.
- Since every currency trade involves borrowing one currency to buy another, interest rollover charges are part of forex trading.
- Once logged in with the cTID, you will be able to switch between any FxPro cTrader accounts registered under your profile.
- The reason that in this example your profit is less by $20, is due to the fact that you have been charged a 2pips spread.
On the platforms, ’swap’ is automatically converted into the balance currency. The Operation is conducted at midnight server time (10pm UK time) and will only be xcritical official site charged/gained if you have an open trade at this time. This is how market gaps and slippage may cause more profit or loss than anticipated and why stop orders such as ‘stop losses’ are never guaranteed to be executed at your requested price. This is a normal market practice and a regular feature of the foreign exchange markets under conditions such as illiquidity and volatility due to news announcements, economic events and market openings. Slippage can also occur when larger orders are partly executed at tier 2 or even Tier 3 prices (see question What is VWAP). All ‘Limit’ orders, which includes Take Profit, are executed with ‘Limit Execution’, which means that you will receive your requested price or better.
- Swap may be positive or negative and applies whenever you leave a trade open overnight.
- This research then resulted in a simplified registration process and provided only those supplementary functions that are necessary for convenient and efficient account management.
- Please go to the ‘Instrument search’ bar at the top of the Quotes screen, begin to type the name of the instrument and it will pop up automatically.
- A ‘Stop Out’ is a triggering of a forced automatic closing of a trader’s positions in case that person’s trading account equity falls below a certain threshold.
- This app serves as an all-in-one tool for both new and experienced traders, offering access to a wide range of assets, including stocks, indices, commodities, and precious metals.
- The swap is calculated and charged once every weekday, however, to account for weekends, a triple charge will take place on Wednesday for FX & metals, and on Friday for other instruments.
FxPro Direct
Additionally, we also offer NGN, VND, THB, MYR and IDR for certain jurisdictions, allowing you to trade in your local currency. The FxPro Direct App offers the same functionality as the desktop portal, allowing traders to manage their accounts on the go. FxPro as a broker is regulated by multiple well-known financial authorities across different regions.
How do I stop a cBot that I have loaded on my cTrader platform?
Additionally, millions of users worldwide have opened accounts through Direct, further demonstrating its legitimacy and global reach. Yes, you can install FxPro MT5 platform on multiple PCs using the same account credentials. We protect transactions with advanced encryption and fraud monitoring, ensuring your payment details are safe. Ever since our establishment, FxPro has successfully expanded to serve retail and institutional clients in more than 170 countries – and we are still growing. During normal working hours, withdrawals are usually processed within a few hours.
The ‘Tools’ tab in FxPro Direct gives you access to various services we offer, including the FxPro Dashboard, Economic Calendar, Calculators and FxPro Squawk. These tools can be accessed by all users, including those who are still practising on demo accounts. We offer a wide range of payment methods, all with 0 fees from FxPro. These include Bank Wire transfers, Credit/Debit cards, PayPal, Neteller, Skrill, and many more local options tailored to your country and jurisdiction.
Among its various features and tools, FxPro Direct stands out as the central platform through which users manage their trading accounts, deposits, withdrawals, platform access, and more. Whether you are a beginner or a professional trader, understanding how FxPro Direct works can help you manage your trades and funds more effectively. The currency of your FxPro Wallet should be in the same currency of your deposits and withdrawals in order to avoid conversion fees. Any transfers from your FxPro Wallet to your trading accounts in a different currency will be converted as per the platform rates. FxPro Direct is more than just a client portal—it’s a fully integrated ecosystem for managing trading accounts, funding, withdrawals, and platform access. From the secure wallet system and multi-platform support to the intuitive mobile app and transparent withdrawal process, Direct provides a seamless experience for traders at all levels.
A ‘Take Profit’ order is used to lock in profits at a specified price, or potentially to limit further losses after a substantial gain. Demo accounts are a valuable trading tool to help beginners learn how to trade and allow experienced traders to experiment and test new strategies in a risk-free environment. Whether you’re a new trader starting out or a seasoned investor managing multiple accounts, Direct offers the tools, flexibility, and control you need to trade efficiently.
