How FxPro Trading Platform Works

Learn how FxPro operates in Philippines with forex, CFDs, and advanced trading tools.

FxPro Platform Overview and Core Functionality

Our company delivers a full-service trading platform targeting Philippine clients, offering both forex and CFD trading capabilities. We provide direct access to over 70 currency pairs and more than 200 CFD instruments, including indices and commodities. The trading infrastructure leverages MT4, MT5, cTrader, and the proprietary FxPro Edge platform to meet diverse trading preferences. Execution speeds average 11-13 milliseconds, ensuring minimal latency. Clients can trade via desktop, web, or mobile apps, supporting PHP deposits and withdrawals through local banks.

Platform Type Minimum Deposit Execution Speed Supported Instruments
MT4/MT5 $100 13ms average 70+ forex pairs, 200+ CFDs
cTrader $100 12ms average 70+ forex pairs, indices, commodities
FxPro Edge $100 11ms average All instruments plus crypto CFDs

We maintain 24/7 server uptime with multiple data centers worldwide. This ensures Philippine traders experience stable connections and fast order execution. Account data synchronizes instantly across devices. Supported browsers include Chrome 90+, Firefox 88+, and Safari 14+. Desktop apps require Windows 10/11 or macOS 10.15 and later. Mobile versions run on iOS 12+ and Android 8.0+.

Account Registration and Verification Process

Opening an account starts with registration on fxpro.com, selecting Philippines as your country. We enforce a three-step verification aligned with Philippine regulations, including identity, residence, and financial background checks. Verification usually completes within 24 hours.

Initial Registration Steps

Visit the registration page and fill out your full legal name matching your government ID. Provide a valid email and create a secure password with uppercase, lowercase, numerals, and symbols. Enter your Philippine mobile number with +63 prefix to receive SMS verification codes. Complete your date of birth and nationality fields.

Document Upload Requirements

Upload a clear scan of your valid Philippine ID, such as passport or driver’s license. The document must be unexpired and legible. Submit address proof with a recent utility bill, bank statement, or government letter reflecting your current residential address. Our staff reviews documents during Philippine business hours and sends confirmation via email.

Verification Timeline

Documents are reviewed within 1-2 business hours Monday to Friday, 9:00 AM to 6:00 PM PHT. If additional information is needed, we notify you promptly to prevent delays. Once verified, you receive access credentials and can begin funding your account.

Trading Platform Selection and Setup

We offer four platforms to suit different trading needs. Each platform connects securely to our servers to provide real-time price feeds and order execution. Choose between MT4, MT5, cTrader, or FxPro Edge based on your trading preferences.

MetaTrader 4 Configuration

Download MT4 from our website or use the web version. Install the 45MB desktop client and log in using your FxPro credentials. The platform uses SSL encryption to secure data transmission. Customize charts by selecting timeframes from 1-minute to monthly. Install Expert Advisors by dragging EA files into the Navigator panel.

FxPro Edge Platform Features

FxPro Edge is browser-based, requiring no download. Open the platform in supported browsers and log in with your account. The interface supports multiple monitors and provides over 80 technical indicators. Create watchlists by adding instruments, and set price alerts based on percentage or absolute price moves.

Order Types and Alerts

All platforms support market, limit, stop, and stop-limit orders. Set stop-loss and take-profit levels when placing trades or modify existing orders. Configure alerts to notify you when prices reach specified levels using desktop notifications or email.

Funding Your Trading Account

We accept deposits and withdrawals in PHP and major currencies using local and international methods. Minimum deposit is $100 for standard accounts. Processing times vary by payment method, with card deposits being instant and bank transfers taking 2-5 days.

  • Bank wire transfers through Philippine banks
  • Credit and debit cards (Visa, Mastercard)
  • E-wallets including Skrill and Neteller
  • Local bank transfers via partner institutions
  • Cryptocurrency deposits (Bitcoin, Ethereum)

To fund your account, log in and select “Deposit” from the dashboard. Choose your preferred method, enter the amount, and confirm the transaction. Withdrawals must use the same method as deposits and are processed within the business day if requested before 2:00 PM PHT.

Payment Method Processing Time Minimum Amount Maximum Amount
Bank Transfer 2-5 business days $100 $100,000
Credit Card Instant $50 $10,000
E-wallet 1-2 hours $50 $50,000
Cryptocurrency 30-60 minutes $100 $25,000

Understanding Spreads and Trading Costs

We operate variable spreads based on market conditions. Our Standard account offers spreads from 1.8 pips, Professional account from 1.2 pips, and Raw account from 0.0 pips plus commissions. Spreads tighten during high liquidity times such as London and New York sessions.

Spread Calculation Details

EUR/USD averages spreads between 0.8 and 2.0 pips during peak hours. Exotic pairs like USD/PHP have wider spreads, typically 15-40 pips, due to lower market liquidity. Spreads update every 250 milliseconds to reflect real market changes.

Commission and Swap Fees

Raw accounts incur $3.50 commission per lot per side for forex trades and $4.50 for CFDs. Standard and Professional accounts have no added commissions; costs are included in spreads. Overnight swaps apply after 6:00 AM PHT, calculated using interbank rates plus a 2.5% markup annually.

Swap Rate Access

View current swap rates by right-clicking instruments in your platform and selecting “Specification.” Rates adjust weekly with central bank policies. Wednesday trades incur triple swap charges to cover weekend rollover risks.

Risk Management Tools and Features

Our platform provides multiple tools to help manage trading risks effectively. Automated stop-loss and take-profit orders safeguard capital by closing trades at predefined levels. Trailing stops follow market movements to lock in profits while minimizing losses.

  • Set stop-loss and take-profit orders with pip or price values
  • Use trailing stops adjustable from 5 to 500 pips
  • Receive margin calls when margin level falls below 50%
  • Automatic position closure if margin drops below 20%
  • Leverage up to 1:500 for forex and 1:100 for CFDs

Margin requirements vary by instrument. Major pairs require 0.2% margin, minors 0.5%, and exotics 2%. Monitor equity, free margin, and margin level from the platform’s terminal window to avoid margin calls.

Advanced Trading Features and Tools

We offer sophisticated tools to support manual and automated trading strategies. The economic calendar informs traders about high-impact news events. Our correlation matrix helps identify co-movements between instruments.

Order Types

Advanced order types include One-Cancels-Other (OCO), If-Done, bracket, iceberg, and time-based orders with expiration. These enable complex entry and exit strategies.

Algorithmic Trading Support

Upload Expert Advisors (EAs) on MT4/MT5 or cBots on cTrader platforms. We offer VPS hosting at $30/month for uninterrupted EA performance. Our automation tools execute trades with minimal latency.

Tool Category Available Features Access Method Update Frequency
Analysis 80+ indicators, drawing tools Charts menu Real-time
News Economic calendar, market sentiment News tab Every 5 minutes
Automation EAs, cBots, signals Navigator panel On-demand
Risk Management Position sizing, correlation Tools menu Every 15 minutes

Customer Support and Educational Resources

Our support team is available 24/5 during market hours, answering inquiries in English and Filipino. Live chat response averages under 2 minutes, while email replies come within 4 hours. Phone support operates during Philippine business hours.

Support Channels

Access live chat from the platform or website. Phone support is reachable at +63-2-8-XXX-XXXX. Submit detailed tickets via your account dashboard for technical assistance.

Educational Materials

We provide free video tutorials, webinars, and written articles on trading basics and platform usage. Weekly webinars cover market analysis and platform features. Recorded sessions are accessible anytime for ongoing learning.

Demo Trading

Our demo accounts simulate live market conditions with real spreads and execution speeds. Practice strategies risk-free with virtual funds. Demo accounts last 30 days and can be reset without limit.

Resource Type Content Access
Video Tutorials Platform setup, trading basics Education section
Webinars Market analysis, strategy sessions Account dashboard
Written Articles Technical and fundamental analysis Education section
Demo Accounts Simulated trading environment Registration required

❓ FAQ

How does FxPro work for traders in Philippines?

FxPro connects Philippine traders to global forex and CFD markets via multiple platforms offering low latency, real-time data, and access to over 70 currency pairs and 200 CFDs.

What are the minimum deposit and withdrawal options in Philippines?

The minimum deposit is $100. Philippine traders can fund accounts via bank transfers, credit cards, e-wallets, and cryptocurrency, with withdrawals processed promptly during business hours.

Which trading platforms are supported by FxPro?

FxPro supports MetaTrader 4, MetaTrader 5, cTrader, and FxPro Edge, accessible on desktop, web browsers, and mobile devices compatible with Windows, macOS, iOS, and Android systems.

How can I manage risk on FxPro platforms?

Use stop-loss, take-profit, and trailing stop orders. Monitor margin levels via the platform’s terminal and apply leverage up to 1:500 for forex, adjusting positions to avoid margin calls.

Is there customer support available for Philippine clients?

Yes, FxPro offers 24/5 support via live chat, phone, and email with response times under 2 minutes for chat and 4 hours for emails during Philippine market hours.