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FxPro

FxPro Group Limited
Private
Industry Financial services
Founded 2006
Headquarters London, United Kingdom
Key people
Charalambos Psimolophitis (CEO)
Denis Sukhotin (Chairman)
Services Online Forex trading, precious metals trading, CFDs, futures, shares trading
Number of employees
170+
Website www.fxpro.co.uk

FxPro is a London-based European online broker providing contracts for difference (CFD) on foreign exchange, shares, futures and precious metals primarily to retail clients. FxPro has operations in London and Cyprus and is regulated by a number of regulatory authorities.

FxPro was founded as EuroOrient Securities & Financial Services Ltd in 2006 in Cyprus by Denis Sukhotin. FxPro began its expansion with the opening of representative offices in Austria, France, Spain and Russia. In 2010, FxPro was granted regulation and licensing by the UK's Financial Conduct Authority (Financial Services Authority at that time) and opened its London office.

In 2010 the Broker was voted Forex Provider of the Year' at the Financial Times Investors Chronicle Investment Awards 2010 (FT/IC Investment Awards). The awards are voted by readers of the FT and IC in a series of questionnaires in which they submit their views of the providers they use. The Brokers are scored on a range of issues including ease of contact, commissions and charges, administration, financial security, the quality of their research and the range of services offered. The scores are collated by an independent research house and are used to identify the winners in each category.

In 2011, the company opened an office in Australia, however it shut this down in March 2013 and moved those clients to its Cyprus and UK operations after new capital regulations came into force in Australia.

The company provides traders a choice between the MetaTrader 4 and cTrader trading platforms. Clients using the MT4 platform from MetaQuotes Software also have the option of a web-based alternative, and several mobile trading versions. The company's cTrader platform Spotware, provides ECN traders with greater price depth and Volume-weighted average price (VWAP). cTrader is compatible with cAlgo, an algorithmic trading platform that allows clients to create trading robots and run them in cTrader so as to fully automate the trading process.


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