{quote} Hi fx pro ,I ask this because ive just opened an account with you, not sure I understand this statement regarding you reserving the right to close positions in extreme market conditions , how are you able to do this as the positions have been passed onto your liquidity provider cheers
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Dear Headfake,
If I understood your question correctly, technically it is possible via our recently acquired FX aggregator Quotix.
Is the minimum lot size for all platforms changed recently to 0.01 (1000 units)? I dont think it use to be this. Also what is the server time of the MT5 platform? NY Daily close same as MT4 hopefully.
Is the minimum lot size for all platforms changed recently to 0.01 (1000 units)? I dont think it use to be this. Also what is the server time of the MT5 platform? NY Daily close same as MT4 hopefully. Thanks.
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Dear Mitch77,
We have indeed changed the minimum order size across all platforms, including cTrader and MT5. As far as the server time is concerned, it is the same on MT5 as it is on MT4 (GMT+2).
Shall you have any more questions, please do not hesiate to contact us.
The maximum leverage on the MT5 account is 1:200. Why is this different to the maximum of 1:500 you offer on your ctrader and mt4 platforms?
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Dear Jizzyjay,
Currently, the maximum leverage on MT5 is 1:200, it is the initial setting for the launch. We expect to increase this in the coming weeks. Once it is done, we will inform our clients via email and on the ForexFactory forum in this thread. Leverage change requests can then be submitted directly to the FxPro Support.
Shall you have any more questions, please do not hesitate to contact us.
{quote} Dear Mitch77, We have indeed changed the minimum order size across all platforms, including cTrader and MT5. As far as the server time is concerned, it is the same on MT5 as it is on MT4 (GMT+2). Shall you have any more questions, please do not hesiate to contact us. Kind regards, FxPro Team
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Actually changing the minimum order size is a positive news, i wonder why i don't receive such updates from Fxpro? (i am already a Fxpro client)
{quote} Dear Mitch77, We have indeed changed the minimum order size across all platforms, including cTrader and MT5. As far as the server time is concerned, it is the same on MT5 as it is on MT4 (GMT+2). Shall you have any more questions, please do not hesiate to contact us. Kind regards, FxPro Team
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Both Ctrader and MT5 are market execution, but why is the min spread for ctrader starts from 0 pips while the MT5 starts from 1.2 pips?
{quote} Actually changing the minimum order size is a positive news, i wonder why i don't receive such updates from Fxpro? (i am already a Fxpro client)
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Dear Rapphire,
The client email informing on the new minimum order size on cTrader is due to go out next week.
are you a Cyprus brocker or U.K broker? I feel unsafe if my money is held in a Cyprus bank account.
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Dear Mozhixing,
FxPro has 2 entities: FxPro UK Ltd (UK), which is regulated by the Financial Conduct Authority, FCA (registration n. 509956), and FxPro Financial Services Ltd. (Cyprus), regulated by CySEC (license number 078/07).
The clients of FxPro UK Ltd. may deposit in Barclays Bank or RBS, while the clients of FxPro Financial Services Ltd. may deposit with Barclays, Bank of America and RBS.
Please note that the clients funds are kept in segregated from the corporate funds, in accounts with Barclays UK and Credit Suisse Monaco.
shall you have any more questions, please do not hesitate to contact us.
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Joined Jul 2012
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Status: www.fxpro.com
|171 Posts
Dear Members,
We would just like to bring your attention to our free education seminar which we are holding in our UK office, heart of the City of London. This will be at 18h00 UK time on Wednesday 25th March.
{quote} Dear Rapphire, On the cTrader, we have raw spread + commission, while on the MT5, it marked-up spread, and no commission. Kind regards, FxPro Team
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1. Since the MT5 is also marked up, actually there is no difference compared to your MT4 right? Since MT4 is also marked up.
2. Is the spread on MT5 lower than that of MT4?
3. Is there a fix spread account type on MT5? (i know there is fix spread on MT4 and i like it)
Let say I have $2k in Fxpro Vault and another $2k in one of my MT4 account. Assuming i lost let say $6k because of the recent CHF event, so will both my Fxpro Vault and MT4 account becomes zero value or is it just the MT4 account (meaning there is still $2k in my Fxpro Vault) ?
With agency model, how do you offset clients trade with liquidity provider if we trade 0.01 lot size? u mean big banks like JPmorgan is trading 0.01 lots with us?
With agency model, how do you offset clients trade with liquidity provider if we trade 0.01 lot size? u mean big banks like JPmorgan is trading 0.01 lots with us?
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FXPro would be your counterpart if you trade with 0.01 lot. They provide as many brokers a matching orders model for clients trading at least 1 lot (100k) only.
