Trade Pro Futures Review 2024


2.8 / 5
Trade Pro Futures is #35 in our broker rankings.

Trade Pro Futures will appeal to high-volume traders looking for low-cost forex and futures trading with low to zero commissions. However, the $2500 minimum deposit means the broker is best for experienced traders.

- Daytrading Review Team

Trade Pro Futures is an NFA-regulated forex and futures brokerage. Aimed towards high net-worth investors, the brand offers a large catalog of powerful trading platforms and tools, including MetaTrader 4. The broker also provides demo walkthroughs, transparent pricing and reliable customer support.

$2500
MT4
Forex, futures
-
Cheque, Wire Transfer
Forex Trading

Trade Pro Futures offers 50+ major, minor and exotic currency pairs on MT4, TradingView or Collective 2. Leverage up to 1:100 is available on forex futures.

✓ Pros

  • Good regulatory credentials with authorization from the NFA
  • One of the largest suites of trading platforms and tools including Multicharts, CQG, MT4 and R-Trader
  • Access to seven futures and options exchanges including CME, CBOT, NYMEX and ICE for trade opportunities
  • Transparent pricing structure with exchange fee and NFA charges listed by instrument
  • Responsive customer support and platform assistance via live chat, telephone and email
  • Demo walkthroughs available by request for all trading platforms and investment tools

✗ Cons

  • High minimum deposit of $2500 for a forex account and $5000 for a futures account
  • Narrow choice of payment methods with bank transfer and cheque only
  • Third-party fees apply for access to some software
  • Instruments are restricted to forex and futures

Trade Pro Futures is an online broker specialising in futures and forex on several platforms. Our review covers how to start investing with Trade Pro Futures including deposits and withdrawals, signals for automated trading, plus account registration and login.

Trade Pro Futures Details

Established in 2006, Trade Pro Futures offers global trading services from its head office in Austin, USA. The company is licensed and regulated by the National Futures Association (NFA) and provides access to several exchange markets including CME, CBOT, and EUREX.

Trading Platforms

The broker offers multiple trading platforms to meet the needs of all individuals; whether trading forex, futures, or both. Platforms are available to download from the broker’s website to desktop devices.

Note some investment software incurs a monthly fee.

Forex

Trade Pro FX

MetaTrader 4

TradePro Futures MetaTrader 4 platform
Trade Pro Futures MetaTrader 4 platform

Forex & Futures

Multicharts

MultiCharts platform
MultiCharts platform

Sierra Charts

Futures

Trade Pro Trinity

The broker’s established software, benefits include:

Other useful trading tools and solutions include:

For full software details, visit the broker’s website.

Trade Pro Futures Products

Trade Pro Futures offers clients trading opportunities in:

Spreads & Commission

Trade Pro Futures charges no commissions or exchange fees. Instead the broker offers floating spreads which average around 1.4 pips on the EUR/USD. While not ultra-tight, the company’s spreads are around the industry norm. The brokerage also charges additional fees for some of its trading platforms, depending on your account. See the broker’s website for more details.

Leverage

Leverage up to 1:100 is available at Trade Pro FX. The highest leverage rates are available on major currencies while leverage up to 1:25 can be accessed on all other products. These are reasonable leverage ratios and strike a good balance between providing traders with additional cash and capping risk exposure.

Mobile Apps

MetaTrader 4 (MT4) is available as a mobile trading tool, compatible with iOS and Android devices. The app supports account management and price analysis from a mobile or tablet device. The application is popular across the forex industry and offers many of the pending order types and risk management tools found on the desktop terminal.

Trade Pro Futures MetaTrader 4 mobile app
Trade Pro Futures MetaTrader 4 mobile app

Deposits & Withdrawals

Minimum deposit requirements are dependent on the asset class; forex accounts require a $2,500 deposit and futures accounts need a $5,000 payment. The broker accepts multiple currencies including GBP, EUR, USD, and JPY:

Demo Account

The broker offers demo accounts, with simple sign-up requirements. Given the long list of trading platforms and tools, a practice account is a great way to find a trading terminal that works for you. Head to Trade Pro Futures website to open a demo account and upgrade to real-money trading when you feel ready.

Trade Pro Futures Bonuses

At the time of writing, Trade Pro Futures does not offer any promotions to new or existing clients, including no deposit bonuses.

Regulation Review

Trade Futures Pro is regulated by the National Futures Association (NFA), a license required by all futures commission merchants. The NFA is a legitimate organisation for the US derivatives industry designated by the Commodity Futures Trading Commission (CFTC) to ensure members meet regulatory trading standards.

Additional Features

The broker’s website offers educational tools via training videos and online resources. Trade Pro Futures also provides an easy to use download centre with platform set-up links and how-to guides. Overall, the company scores well compared to competitors when it comes to additional trading tools.

Trading Accounts

The broker offers account types by client residency and asset class. All Trade Pro Futures account types have the same minimum deposit requirements of $2,500 for forex trading and $5,000 for futures trading. Accounts are split into:

To open a trading account, individuals must complete an online registration form, which differs depending on the chosen trading platform. Identity documentation and proof of residence must also be provided before you can start trading.

Trading Hours

Trading Pro Futures follows standard office hours and offers 24-hour trading Monday to Friday, though timings may vary by instrument. Note, the broker also offers an hour of pre-market trading on a Sunday.

Visit the broker’s website for full trading hour details by instrument.

Customer Support

The broker offers a range of customer support options:

Security

Customer portal access is password protected and account registration follows strict privacy policy guidelines. The MT4 platform assures high-tech encryptions and secure logins, however the safety of funds and data with other enabled trading platforms is less clear.

Trade Pro Futures Verdict

Trade Pro Futures provides an opportunity to trade on established and bespoke platforms. Minimum deposit requirements are high compared to other brokers; something to consider before you start trading. But for US and Canadian traders, in particular, it’s good to see an online brokerage regulated by the NFA.

Top 3 Alternatives to Trade Pro Futures

Compare Trade Pro Futures with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
    Go to IG
  2. Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage for experienced traders, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
    Go to Interactive Brokers
  3. Forex.com – Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they provide a huge range of day trading markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
    Go to Forex.com

Trade Pro Futures Comparison Table

Compare Trade Pro Futures With Similar Brokers
Trade Pro Futures IG Interactive Brokers Forex.com
Rating 2.8 4.4 4.3 4.5
Markets Forex, futures CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies Forex, Spot Metals
Demo Account Yes Yes Yes Yes
Minimum Deposit $2500 $0 $0 $100
Minimum Trade 0.01 Lots 0.01 Lots $100 0.01 Lots
Regulators NFA FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA FCA, SEC, FINRA, CBI, CIRO, SFC, MAS, MNB NFA, CFTC
Bonus Active Trader Program With A 15% Reduction In Costs
Education No Yes Yes Yes
Platforms MT4 Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral Trader Workstation (TWS), Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
Leverage 1:30 (Retail), 1:250 (Pro) 1:50 1:50
Payment Methods 2 6 6 8
Visit Visit Visit Visit Visit
Review IG
Review
Interactive Brokers
Review
Forex.com
Review

Compare Trading Instruments

Compare the markets and instruments offered by Trade Pro Futures and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Trade Pro Futures Trading Instruments
Trade Pro Futures IG Interactive Brokers Forex.com
CFD No Yes Yes No
Forex Yes Yes Yes Yes
Stocks No Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes No Yes
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver Yes Yes No Yes
Corn No No No No
Crypto No Yes Yes No
Futures Yes Yes Yes No
Options No Yes Yes Yes
ETFs No Yes Yes No
Bonds No Yes Yes No
Warrants No Yes Yes No
Spreadbetting No Yes No No
Volatility Index No Yes No No

Trade Pro Futures vs Other Brokers

Compare Trade Pro Futures with any other broker by selecting the other broker below.

 

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Trade Pro Futures is an NFA-regulated forex and futures brokerage. Aimed towards high net-worth investors, the brand offers a large catalog of powerful trading platforms and tools, including MetaTrader 4. The broker also provides demo walkthroughs, transparent pricing and reliable customer support.

FAQ

Does Trade Pro Futures offer a demo account?

Yes, Trade Pro Futures offers demo accounts on trading platforms for users to test strategies risk-free. Head to the broker’s website and follow the registration instructions.

How many indicators are offered by Trade Pro Futures?

Trade Pro Futures trading platforms offer a vast array of indicators. Multicharts, for example, provides 300+ built-in indicators.

What are the minimum deposit requirements for a Trade Pro Futures account?

The minimum deposit to open a forex trading account with Trade Pro Futures is $2,500 while to open a futures investing account you’ll need $5,000.

What currencies does Trade Pro Futures accept?

Trade Pro Futures accepts deposits in GBP, EUR, USD, JPY, AUD and NZD.

Is Trade Pro Futures regulated?

Yes, Trade Pro Futures is authorised under the National Futures Association (NFA) designated by the Commodity Futures Trading Commission (CFTC).