FxPro CFD Trading Philippines

Account Registration Process for Philippine Traders

Residents of the Philippines can open an FxPro trading account via our streamlined online system. Visit fxpro.com and click the registration button visible on the main menu. The platform auto-selects Philippines as your country based on your IP address. Enter your valid email and set a password with 8 to 16 characters, combining uppercase, lowercase, numbers, and symbols. Provide your full legal name as it appears on your government-issued ID, alongside your Philippine phone number formatted with the +63 country code.

Complete your residential address including barangay, city, province, and postal code. Our system cross-checks the data with official Philippine postal records. Next, fill in employment details, income levels in USD, net worth excluding your primary home, and your main source of wealth. These details help us comply with regulatory standards and tailor services to your profile.

Submission usually takes 10 minutes, after which verification completes within 1 to 2 hours. A minimum deposit of $100 activates your account for trading across all instruments.

Document Verification Requirements

Verification requires uploading high-quality scans of valid identity documents such as a Philippine passport, driver’s license, or government-issued ID card. Ensure the entire document, including all corners, is clearly visible without shadows or glare. Proof of residence must be a recent utility bill, bank statement, or government document issued within six months, showing your full name and matching address.

Accepted file formats include JPEG, PNG, and PDF, each limited to 5MB maximum. Our automated system reviews submissions promptly, with manual checks when necessary. You will receive email updates confirming verification status or requesting further documents.

Identity Document Standards

Images must be clear and unaltered. Avoid cropping or editing that obscures any details. Using a well-lit environment when scanning or photographing documents improves acceptance rates. Verification maintains compliance with Philippine and international standards.

Trading Platform Selection and Setup

FxPro CFD trading in Philippines supports three main platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. Each platform caters to different user needs, from beginner-friendly to advanced algorithmic trading. MT4 focuses on forex with 30 built-in indicators and MQL4 coding for Expert Advisors. MT5 expands asset classes and technical tools, including 38 indicators and a Strategy Tester for backtesting strategies.

cTrader offers advanced order management and Level II market data. It supports automated trading using cBots programmed in C#. Download installers for Windows 7 or higher via our website or mobile apps for iOS 9.0+ and Android 4.4+. Use your FxPro credentials to log in across all platforms, ensuring synced account data and order management.

Platform-Specific Features

MT4 offers extensive forex tools, ideal for traders preferring classic setups. MT5 supports additional CFDs including stocks and futures, enhancing diversification. cTrader provides enhanced visualization and automated trading options for professional users.

Available CFD Instruments and Market Access

We provide access to over 70 currency pairs, including majors, minors, and exotics. Our CFD portfolio covers leading stock indices such as S&P 500, FTSE 100, DAX 30, and Nikkei 225 with competitive spreads starting at 0.6 points. Commodities include precious metals (gold, silver, platinum, palladium), energy products (crude oil WTI, Brent oil, natural gas), and agricultural goods like wheat and coffee.

Leverage and margin settings differ by asset type and client classification. Retail clients in the Philippines can access up to 1:30 leverage on major forex pairs and lower leverage on other instruments according to regulatory guidelines. Margin is calculated dynamically based on current market conditions and trade size.

• Forex pairs include EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, and NZD/USD.
• Stock indices such as US30, SPX500, UK100, GER30, FRA40, JPN225, and AUS200.
• Commodity CFDs on metals, energies, and agricultural products.

Order Types and Execution Methods

FxPro CFD trading supports various order types including market, pending (buy stop, sell stop, buy limit, sell limit), stop loss, and take profit instructions. Market orders execute instantly at current prices, with execution speeds averaging under 13 milliseconds. Pending orders activate automatically upon reaching target prices.

Stop loss orders cap potential losses by closing positions when prices move adversely. Take profit orders secure gains by closing positions at preset levels. Trailing stops dynamically adjust stop loss orders to follow favorable price movements. Partial position closing allows traders to exit part of a position while maintaining exposure to further market moves.

Advanced Order Management

Traders can set multiple stop loss or take profit points per position. The platform supports one-click trading to modify or close orders quickly. Order modification and cancellation are processed instantly when market conditions permit.

Execution Quality and Slippage Control

Our Straight Through Processing (STP) model connects directly to liquidity providers, avoiding dealing desk intervention. This ensures transparent pricing and reduces the risk of requotes. Slippage controls allow users to limit price deviation during execution, especially in volatile markets.

Funding Methods and Account Management

Philippine clients can deposit using bank wire transfers, credit or debit cards, and popular electronic wallets like Skrill, Neteller, and PayPal. The minimum deposit is $100 regardless of the method chosen. Card and e-wallet deposits credit instantly, enabling immediate trading access.

Bank transfers may take 1 to 3 business days depending on the bank. Withdrawals through e-wallets process within 24 hours; bank withdrawal requests take 3 to 5 business days. The base account currencies include USD, EUR, GBP, CHF, JPY, and AUD. Currency conversion uses interbank rates automatically when funding or withdrawing in other currencies.

• Bank wire transfer (3-5 business days)
• Visa and Mastercard credit/debit cards (instant)
• Skrill, Neteller, PayPal wallets (instant, PayPal availability limited)

Risk Management Tools and Position Monitoring

FxPro offers integrated risk management utilities including stop loss order placement, position size calculators, and real-time margin monitoring. The platform displays margin usage and available equity to avoid margin calls. Set daily maximum loss limits and position size restrictions at the account level to control exposure.

Monitor your portfolio through detailed profit and loss statements updated live. Track individual trades, aggregate results, and risk metrics over selectable timeframes. Trading history can be exported in CSV or PDF formats for external analysis or tax purposes.

Technical Analysis and Market Research

Access daily market commentary, technical reports, and a comprehensive economic calendar via our research portal. The calendar filters events by currency impact and importance, helping traders focus on relevant news. Push notifications can be configured for critical economic announcements affecting open positions.

Our charting tools provide multiple timeframes, technical indicators, and drawing options. Save customized chart templates to maintain consistent analysis workflows. Develop custom indicators and automated strategies using MQL4 or MQL5 for MetaTrader platforms.

Economic Calendar Integration

Filter economic events by country, currency, and importance to prioritize trading decisions. Alerts notify you prior to high-impact releases, allowing proactive risk management.

Custom Indicator Development

Build and backtest automated trading algorithms using Expert Advisors. Access a community marketplace with thousands of pre-built indicators and EAs compatible with our platforms.