Hello and welcome to my review on effectspro F X pro is one of the largest brokerage for forex and CFD on the planet.
They offera multitude of different types of accounts and even the ability to trade swap free orusing Al goes the brokerage even offers a free VPN service if you're a VIP client.
Marginlevels are offered as alerts via email on S.
Now the account times that they offervary depending on what you are looking for.
As far as a platform.
So for example the platformsthe multiple trading platforms that they offer empty for empty five see trader mobile platforms.
And then there's the downloads that are where you get all of this information are all ofthis software.
They do have trading accounts a page here that you can bring up and it showsyou the different trading account types.
Essentially what you're looking at is a situation whereyou get fixed and floating spreads on empty for floating spreads on 5 and floating spreadson see trader.
Now the sea trader is commission based it's it's definitely more probably fora more professional trader minimum deposit is a hundred dollars.
But having said that500 dollars is the basic minimum recommended because of leverage involved.
You can do yourinitial deposit through NBA fans a pay Web money Monita go.
Ned Banks EA protectionsthat teller squirrel Pay Pal China union pay credit and debit cards.
And of course a banktransfer.
So plenty of ways to send your money to open up the account.
You can see demo accountsare also available.
And then of course W be premium accounts this is the VIP that I hadtalked about fifty thousand dollars or more to get involved in that.
The leverage is upto one one to five hundred but you can dial that down if you wish and there is also atrading kind of like a trailing stop if you will of your leverage.
So the first one hundredlots that you have open is one to five hundred or less if you choose.
And then after thatit drops after the first hundred and drops the one to two hundred and then all the wayto over five hundred lots open your leverage is one to 33 now.
I can't imagine that a retailtrader would have five hundred lots open but it is possible.
So security of funds.
That'ssomething that's going to be very crucial and protecting clients funds and licensesand regulations will look at that next.
So with the protection of client funds they areprotected by segregation of funds as you would expect.
Investor protection if you are investedadditional measures that they take that's all here.
They do have all of the regulatorythat you would expect the FCA do by financial services the ECB which is the Bahamas andthen Cyprus of the PSI Sec.
So there is the Financial Services Compensation Scheme inthe UK which offers 50000 British pounds protection in case of a serious liquidation of companyassets.
That type of thing is a range of markets you can see forex futures indices shares metalsenergy.
So energies are going to be your basics.
That's Brent natural gas West Texas Intermediatemetals are pretty much what you're expecting although a little interesting thing here isyou can trade Graham's as opposed to ounces and euro dollar denominated gold and silvershares there's a pretty nice set of shares here available.
So Boeing buy to AT&T in theUS Kingdom Burberry HSBC the French Air France BP pair bar BNP Paribas Germany BMW and VolkswagenLufthansa.
So there are a lot of shares that you can trade futures.
They do allow you totrade futures.
This would be like the Dow Jones industrial you know the many is thee many S&P 500 the DAX the Footsie one hundred etc.
You can also of course trade the usualforex that you would expect and there is a long list of forex pairs you can trade there'seven cryptocurrency Bitcoin theorem and light coin.
So you can see that there is plentyof trading to be had with this company.
As far as extras are concerned there you knowthere are there are a bit I'd say they're probably not one of the more extensive.
Asfar as education and that type of thing are concerned but they do have some abilitiesto you know they've got like webinars that type of thing.
They do have a trading academybut.
But truthfully it's a little lacking.
This is probably not where you go if you'rea starting trader.
So you know if you have a little bit of experience X pro is a largecompany that's been around forever it's got reasonable spreads the floating spreads areas low as point three pips but there's a nine dollar round term per lot.
So there is thatbut you know the fix spreads aren't bad either on the euro dollars 1 6.
And the metal traderand one point two and the meditator floating both of those are commission three but reallyat the end of the day once you get the point three pips and a nine dollar roundtrip commissionfee it's the same as one point two.
So it's kind of six one have a dozen or the otheras far as which account you pick really.
There's the fixed is one point six.
The variable worksout about the same as the commission based.
So overall it's you know it is a good brokeragefirm but it is not something that you're going to be looking to learn there at this pointyou're looking for liquidity.
If you're looking for liquidity you already know what you'redoing then this is a great place.
They do have a youtube channel that may be worth watching.
They have the link here.
But beyond that you do have their trading Academy and like I saidit's pretty basic.
So not a selling point here a good broker if you already have theeducation to understand what you're doing.