FOREX TRADING PRO

General Information & Regulation

FOREX TRADING PRO is allegedly a forex broker registered in the United States that claims to provide its clients with various tradable financial instruments with leverage up to 1:1000 and floating spreads from 0 pips on the MT4. Here is the home page of this brokers official site:

As for regulation, it has been verified that FOREX TRADING PRO does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.80/10. Please be aware of the risk.

Market Instruments

FOREX TRADING PRO advertises that it offers access to a wide range of trading instruments in financial markets, including Forex, Oil, Metals and Cryptos.

Account Types

FOREX TRADING PRO claims to offer the MT4.PRO. Account, and you can choose open a demo account or a live account. The minimum initial deposit to open an account is said to be only $10.

Leverage

The leverage provided by FOREX TRADING PRO is capped at 1:1000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads

FOREX TRADING PROs website states that the spread starts from 0 pips. Also, all spreads are a floating type and scaled with the asset classes offer.

Trading Platform Available

The platform available for trading at FOREX TRADING PRO is one of the most notable and preferred trading platforms the market offers - MetaTrader4 for Windows, iOS and Android. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Deposit & Withdrawal

FOREX TRADING PRO says to work with numerous means of deposit and withdrawal choices, consisting of Load, Wire Transfer, Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Tether, USDC and Stellar.

The minimum deposit is only $10 for Load deposits and $1,000 for Wire Transfer deposits, while no minimum deposit amount is required for other funding methods. According to the website, there is no deposit fee charged, while a 5% fee for Load and Wire Transfer withdrawals and variable withdrawal fees on other methods.

As for the processing time of deposits, deposits via Load are instant, while Wire Transfer deposits take up to 3-5 business days and other withdrawals require 3-5 hours to be processed.

Customer Support

FOREX TRADING PRO‘s customer support can be reached by sending messages online. You can also follow this broker on social networks such as Twitter, Facebook and Instagram. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address that most brokers offer.

Pros & Cons

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.