FXPro provides online Forex and CFD trading service as a NDD broker.
Thus all trading orders are executed anonymously with No Dealing Desk Intervention.
But why FXPro choose to be a NDD broker when there are many online brokers who are known as STP and ECN brokers?
FXPro explains the reasons why.
Why FxPro is not an STP Broker?
STP (Straight-Through-Processing) is one of the most commonly misinterpreted terms in the trading industry.
Although it is often considered to relate to the execution that a client receives from their broker, STP is in fact a post-execution, post-trade communication process between executing counter-parties with minimal impact on the speed or price of execution that a retail trader is offered.
Though FxPro does use STP technologies, they classify themselves as NDD in accordance to their method of order execution.
Why FxPro is not an ECN Broker?
ECN stands for Electronic Communication Network and is frequently confused with NDD execution.
However, ECN refers to the anonymous communication between executing counter-parties which may, in fact, result in no guaranteed fills and worse pricing for the retail trader.
FxPro is a true No Dealing Desk Execution broker, meaning that they execute client orders with no dealing desk intervention.
For information about FXPro’s trading conditions, visit the official website from below.
Who is FXPro?
FXPro is a Mega Forex broker in Europe, with many industry awards and accreditation within retail Forex market.
Since the foundation in 2006, the broker has been licensed by multiple regulatory authorities including CySEC, UK FCA,
FSCA, Dubai FSA and Bahamas SCB.
FXPro strives to offer complete NDD (Non-Dealing Desk) execution environment since 2012.
The broker offers very “fair” trading conditions through 3 most popular trading platforms MT4, MT5 and cTrader.
FXPro is believed to be the most “Trusted” Forex broker for retail investors.
What you can invest in with FXPro?
FXPro’s competitive trading condition is as below.
FXPro offers over 300 financial instruments including Forex, Stocks, Indices, Commodities, Metals and Energies through 3 of the most popular trading platforms which are MT4, MT5 and cTrader.
Maximum leverage is up to 1:500 and both Floating & Fixed spreads are available from 0.7 pip of minimum spread. (you can find the actual spread of FXPro from here.)
With 100% NDD environment, all kinds of trading styles are allowed on FXPro’s platforms, except arbitrage.
For the information of available Deposit and Withdrawals methods, please visit the page here.