Trade Pro Futures Review 2021

Flag Traders in United States welcome
Trade Pro Futures Facts & Figures

Trade Pro Futures offers trading across futures & forex assets on multiple platforms.

InstrumentsForex, futures
Demo AccountYes
Min. Deposit$2,500
Payment MethodsCheque, Wire Transfer
Min. Trade0.01 lots
Regulated ByNFA
MetaTrader 4Yes
MetaTrader 5No
cTrader
STP Account
ECN Account
DMA Account
Mobile AppsYes
Auto TradingYes
Social TradingNo
Copy TradingNo
Trade SignalsYes
Islamic AccountNo
Forex

Trade leveraged futures on leading currencies.

GBPUSD SpreadFloating
EURUSD SpreadFloating
EURGBP SpreadFloating
Assets25+
Risk Warning – Your capital is at risk

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.

Benefits

Drawbacks

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.

Accepted Countries

Trade Pro Futures accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Alternatives to Trade Pro Futures

If you are looking for alternatives to Trade Pro Futures we have compiled a list of the top 5 brokers that are similar to Trade Pro Futures below. This list of brokers like Trade Pro Futures is in order of similarity and only includes companies that accept traders from your location.

  1. LQDFX – LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
  2. Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer very tight spreads and a cutting edge platform.
  3. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
  4. Paxful – Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up.
  5. NinjaTrader – NinjaTrader offer Traders Futures and Forex trading. Use Auto-trade algorithmic strategies and configure your own trading platform, and trade at the lowest costs.

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).

Trade Pro Futures offers trading across futures & forex assets on multiple platforms.

Trade Pro Futures vs Other Brokers

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