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FxPro Financial Services Ltd(FxPro), a leading global broker in FX today announces the launch of FxProxTrader - a unique and easy-to-use ECN solution.
FxPro xTrader is an innovative Electronic Communication Network (ECN)platform, designed specifically for FX trading. Harnessing ECN speed,multi-bank liquidity and functionality, FxPro xTrader is a powerful anduser-friendly trading platform that utilises proven technology to enableFxPro's clients to trade at a higher level.
FxPro brings together a number of global banks as its liquidity providersand trusted software service partners to provide traders with access to anECN with deep liquidity on more than 20 currency pairs.
Some of the key features of FxPro xTrader are:
- No dealing desk function - FxPro xTrader does not require the operationof a dealing desk, allowing fully automated order acceptance, routing, andexecution and reporting
- No re-quotes and guaranteed execution - FxPro xTrader provides traderswith guaranteed execution and no re-quotes as long as there is depthavailable in the market
- Interbank pricing - FxPro xTrader brings together streaming prices frommultiple global banks that, when combined, reduces spreads to interbank levels
- Level II market depth - FxPro xTrader provides true Level II marketdepth. This allows traders to view in real-time both the best bid and bestask price, and the full depth on each side of the book enabling informeddecision making on the size of the book
- Anonymity - All FxPro xTrader clients trade anonymously at all times
Denis Sukhotin, Founder of FxPro commented: "FxPro has launched thexTrader to bring the benefits of a true ECN to the global FX trader. xTraderprovides them with a minimum ticket size set at 40,000 of base currency,flexible leverage of up to 100 times coupled with competitive commissionrates based on volumes traded. We have taken all the trading features neededby retail and institutional traders and incorporated them into a userfriendly trading environment with advanced charting, single click orderexecution, automated risk management and real time reporting which will allowour clients to reach the next level in FX trading."
About FxPro
FxPro Financial Services Limited is an award-winning and rapidlyexpanding industry leader in the fast growing forex market. Serving clientsfrom more than 140 countries with advanced trading facilities and outstandinglevels of customer support 24 hours a day, 5 days a week, our goal is tobecome the world's preferred forex broker. With a popular range of tradingplatforms and a well-regarded global brand, FxPro has emerged as a firstchoice for clients seeking user-friendly market access through a highlycustomisable superior trading infrastructure.
FxPro is authorised and regulated by the Cyprus Securities and ExchangeCommission, under licence number 078/07, and operates under the EU Markets inFinancial Instruments Directive (MiFID) having a presence in the UK, France,Spain, Austria, Russia and Cyprus.