FxPro Reduces Spreads By Up To 20%
Following an increase in market volatility, FxPro has revised its pricing structure to offer more competitive spreads on popular assets. The result is lower trading costs on hundreds of financial products. The broker has also extended trading hours on the USD/RUB and EUR/RUB pairs by six hours.
Spreads on all major forex pairs, select indices, plus precious metals and energies, have been reduced by up to 20%. This follows increased interest in popular assets and feedback from clients. The latest trading conditions are live on FxPro’s MetaTrader 4, MetaTrader 5 and cTrader platforms.
The online brokerage has also reduced its margin requirements for energies from 1% (1:100) to 0.5% (1:200). This means investors can speculate on Crude Oil and Natural Gas with half the margin. The latest leverage conditions are available to all traders registered with FxPro Global Markets and Professional clients of FxPro UK.
Note, clients can increase leverage rates in FxPro Direct or under Account Settings in the mobile application.
Extended Trading Hours
FxPro has extended trading hours on Ruble cross pairs by six hours. Clients can trade the USD/RUB and EUR/RUB from 8 am to 10 pm (GMT), Monday to Friday. The change comes amid increasing geopolitical tensions which are leading to sharp fluctuations in currency prices.
FxPro offers 24/5 trading on more than 2,000 stock CFDs, 25 futures contracts, spot metals and energies, currency pairs, indices and cryptos. The minimum deposit requirement is competitive at $100.
As well as the popular MetaTrader and cTrader platforms, UK clients can access the web-based FxPro Edge terminal. This customisable spread-betting platform offers tax-free trading opportunities with zero commissions.
FxPro is particularly popular with beginners owing to its comprehensive education package. The FxPro Trading Academy contains a vast library of training videos, seminars and ebooks. Economic reports, consensus forecasts, volatility predictions and previous economic results are also available.
Register with FxPro using the sign-up link below.