Finpro Trading is an award-winning financial trading platform. The trading technology has been developed in-house to be flexible, scalable, and reliable. They offer various trading assets, including currencies, commodities, cryptocurrencies, and indices through ActTrader, MT4, and MT5.
Pros and Cons
Finpro Trading is a privately owned company based in London. It has been established since 2008, its principal activity being currency brokering. Their customer support and account managers are multilingual with experience in the financial service industry. Finpro Trading has offices in London, UK, and Montreal, Canada.
Finpro Trading offers the MT4 platform for trading. You can download it from the website, or you can download it on their servers for free. This platform is very easy to use whether you are a beginner or an expert trader. It has features like drawing tools, which allow you to place trades on technical charts. This is a reliable and powerful platform. You can access it 24/5. MT4 provides a variety of indicators, which you can modify and apply to a chart. It also supports customizable charts. This means that the user has the option to choose from different studies, colors, and timeframes.
MT5 is a very powerful platform that is offered by FinPro Trading. It has many features like adding EAs to the chart, importing and exporting data to MetaStock, giving users access to over 40 indicators, etc. This platform is pretty much the same as MT4, but it offers more speed and stability.
Meta Trader 5 also offers many more tools, which you can use to create your own strategy and track it how you want. Traders have the option to use this platform for free. Users can download MT5 from the Finpro trading website.
ActTrader is a web-based platform, so you need an internet connection for this platform. You can access this platform from any device that is connected to the internet. This is a very user-friendly platform offered by Finpro Trading. This platform has a flexible & easy-to-use trading interface and offers advanced charting capabilities along with different kinds of technical analysis tools for market analysis, which are available across both Android and IOS devices to use at any time. It is a very easy-to-use platform for new traders and gives a lot of indicators and tools which can be used to create strategies for trading.
Virtual Private Server (VPS)
FinproTrading has partnered with third-party VPS providers to provide round-the-clock connections to trading servers. The connections are completely reliable and have low latency, thus allowing clients to access fast and uninterrupted internet 24/5. FinproTrading provides its VPS service free of cost to clients having a minimum deposit of $2,500. To avail of the VPS service, clients can make a request from their member portal or contact the broker through live chat. If any client doesn’t meet the free VPS requirement, then he/she can opt for the service by paying a monthly fee of $25.
Finpro Trading offers different types of trading accounts, so you can choose the one that fits your needs. Currently, they are offering the following types of accounts:
This is the most common type of account offered by Finpro trading. This is for new traders who are getting started in financial markets. This account has a deposit of a minimum of $5. It gives trading access to all major currency pairs. The micro account comes with 500:1 leverage, and you can trade with a maximum of 0.1 lots per one micro account. This is a great starting account for all beginner traders.
ECN account is an advanced type of account that offers a lot of services and benefits. This account is for new and experienced traders. It offers leverage of 500:1 and spreads are as low as 0.1 pips. ECN account has a minimum deposit of $100. It also allows all types of trading forms like scalping and hedging and offers a variety of Trade management tools like Trailing, stop loss, etc. Users can get a 100% bonus on their first deposit.
This account gives you access to all the features of an ECN account, but it offers more options and benefits. You can use leverage up to 500:1, and spreads are as tight. It has a minimum deposit of $2500 and comes with a 100% bonus on the first deposit.
To get a free demo account, you just need to enter your email address and password, and you have a free demo trading account. It means you can explore this platform without spending your real money, which allows you to explore all the unique features. By using the demo account, you can get an idea about all benefits and features of this trading platform and then decide whether you want to have a real account or not.
FinproTrading allows its clients to trade a wide range of instruments such as;
- Forex CFDs on more than 60 currency pairs
- CFDs on the leading spot and future indices
- A broad range of commodities such as gold, silver, oil, and natural gas
- CFDs on top-rated cryptocurrencies
FinproTrading Deposits & Withdrawals
Finpro Trading offers different payment methods for depositing and withdrawing your money. Funds can be deposited in accounts through more than 20 cryptocurrencies. Clients can make payments from the wallet provider of their choice! Withdrawals are made using the same methods used to deposit funds with a maximum processing time of 48 hours. Finprotrading doesn’t charge any fee on deposits as well as withdrawals, but the crypto wallet from where the funds are being transferred may charge a nominal fee.
Finpro Trading Minimum Deposit
There are three types of accounts on Finpro Trading, Micro, ECN, and VIP. All three take different amounts as a minimum deposit. For a micro account, the minimum deposit amount is $5, for ECN it is $100 and for a VIP account, it’s $2,500.
Finpro Trading Demo Account
Finpro Trading offers free multiple demo accounts to its clients, which they can keep using, provided they make at least one trade on them in a month.
Contact and Customer Support:
Finpro Trading has a 24/5 customer support team that is available to handle all queries. They have email, live chat, and telesales support. They also offer a knowledge base that customers can rely on. A good customer support system is important for every broker, and Finpro Trading does not disappoint.
FinproTrading Account Opening:
You can open an account with Finpro Trading in just a few steps.
First, you need to:
- Enter your personal information.
- Enter deposit details.
- Open an account.
After that, you can deposit your money using credit cards, PayPal, or skrill. When the account is opened, you can start using it and begin trading.
Where is FinproTrading located?
Finpro Trading is based in St. Vincent and the Grenadines but has its offices in London, UK, and Montreal, Canada
What is FinproTrading trading platform?
There are 3 trading platforms on FinproTrading, MetaTrader 4, MetaTrader 5 and ActTrader.
What countries does FinproTrading not accept?
No, Finprotrading provides services in more than 150 countries excluding a few with strict rules and regulations.
How do I open a FinproTrading live account?
To open a trading account, you can click on ‘Open an account’ button on the top right side of the broker’s webpage.
What are the Finprotrading account types?
There are 3 types of accounts to choose from, which are Micro, ECN, and VIP account.
Where can I download Finpro Trading platform?
You can download MT4, MT5, or ActTrader on your computer or smartphone. MT4 and MT5 are available for Windows, iOS, and Android devices whereas ActTrader is also available in web trader mode.
Is there a FinproTrading demo account?
Yes, Finprotrading allows its clients to access multiple demo accounts free of cost. To keep using the demo account, traders need to make at least one trade within 30 days.
What are the FinproTrading spreads?
The spread in a micro account starts from 0.02 pips, whereas that in an ECN and VIP account starts from 0 pips.
What is the FinproTrading leverage?
You will get 500:1 leverage irrespective of which account you trade, be it micro, ECN, or VIP account.
How do I verify my FinproTrading account?
To verify your trading account on Finprotrading, you need to submit proof of photo ID (government-issued ID like driving license or passport) along with the latest address proof (utility bill, credit card bill, or telephone bill)
How do I deposit money into Finprotrading?
You can deposit funds using 20+ cryptocurrencies through the crypto wallet of your choice.
What is the minimum deposit in Finprotrading?
The minimum deposit is $5, $100, and $2,500 for micro, ECN, and VIP accounts.
Is there any fee levied on depositing funds into Finprotrading account?
No, Finprotrading doesn’t charge any fee on deposits or withdrawals, but your crypto wallet might.
How do I withdraw money from FinproTrading?
You can easily withdraw your funds to the same payment gateway that you used to deposit funds. The maximum time taken for processing the withdrawals is 48 working hours.
What are the FinproTrading withdrawal fees?
No, there is no withdrawal fee charged by FinproTrading.
What is the FinproTrading commission fee?
Finprotrading charges a standard commission fee of $2/100K trade size.
Does Finpro Trading allow scalping, hedging, news trading & expert advisors?
Yes, Finpro Trading does allow popular trading techniques like scalping, hedging, expert advisors, and news trading. The broker doesn’t restrict its clients from using the trading styles of their choice.
Are there any FinproTrading inactivity fees?
No, Finprotrading doesn’t charge inactivity fees.
Does FinproTrading offer a swap-free (Islamic) account?
No, Finpro Trading doesn’t have swap-free (Islamic) accounts for Muslim traders.
What are Finprotrading trading instruments?
Finprotrading allows you to trade Forex, Commodities, Indices, and Cryptocurrencies.
Is FinproTrading a scam?
Nope, in fact, the broker offers great trading platforms with so many features to allow clients to trade the instruments of their choice without any latency.
How can I contact FinproTrading support?
You can contact the broker via their phone number +1 202-946-1666, email ID – firstname.lastname@example.org, or live chat.
Finpro Trading is a good platform that offers the chance to try your hand in trading for new or more experienced traders, through its low trading costs and easy account opening process.