Barclays vs FxPro, 2024 Update
Read our In-Depth Barclays vs FxPro Review - Updated for 2024
This comprehensive analysis of Barclays and FxPro has been revised for 2024 by industry experts boasting significant financial experience across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Barclays vs FxPro does not apply to all countries as follows:
Barclays Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
FxPro Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Barclays vs FxPro
Each platforms for online trading has certain advantages and disadvantages, and a complete analysis of Barclays vs FxPro cannnot be complete without having a balanced approach.
Compare FxPro and Barclays in order to understand how they stack up with each other before you open an account. Conducting a comparative analysis will place factors in perspective so that you are cognizant of the expectations.
So you are looking for a reputable broker and are choosing between Barclays or FxPro. Who is better in 2024?
Our Barclays vs FxPro comparison contains the most recent information so you can easily compare FxPro against Barclays.
If you are a new entrant in the realm of trading and brokerages, so many details will be confusing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You will get proficient at all of the concepts of brokerage as you continue trading. For starters, you have to choose the ideal agent who will be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. Barclays and FxPro are just two such stages which will take you along with your investment into great heights. It is important to compare Barclays vs FxPro before you trust them with your cash.
Our Barclays vs FxPro comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Barclays and FxPro side by side.
Our entire Barclays vs FxPro Review covers everything you will need to know about trading with either Barclays or FxPro. A good broker can multiply your first investments and provide you positive profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investing goals.
There is no sure-fire way to guarantee profits; thus, you must carefully analyze your broker before you choose them. It's a common misconception that all agents will be the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
Barclays and FxPro are both brokers that have found their way successfully to the brokerage world. In this review, we have attempted to collate some of the vital facets of both Barclays and FxPro. This review will help you to understand whether either FxPro or Barclays is a good match for your investments or not. We've tried to breakdown all the features and charges for your convenience.
Benefits of Barclays and FxPro Compared
Barclays has a minimum deposit of $0 while FxPro offers a $100 minimum deposit.
Why smaller minimum deposits are good and how Barclays and FxPro compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Barclays has around 41 financial instruments whilst FxPro allows you to trade around 41 financial instruments on their platform.
The more financial instruments you can trade on the Barclays and FxPro platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of Barclays or FxPro.
Barclays and FxPro Contact Details
Being able to contact an online trading platform through many ways is important. Barclays and FxPro have the following contact details and social medias that you can use.
Broker | Barclays | FxPro |
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Telephone Number | +44 203 151 5550 | |
support@fxpro.com | ||
Address | 13-14 Basinghall street, London, City of London EC2V 5BQ" | |
Barclays Twitter Account | FxPro Twitter Account | |
Barclays Facebook Page | FxPro Facebook Page | |
Barclays Instagram Account | FxPro Instagram Account | |
Barclays LinkedIn Page | FxPro LinkedIn Page | |
YouTube | Barclays YouTube Channel | FxPro YouTube Channel |
Find Out More |
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FxPro and Barclays Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing Barclays and FxPro will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Barclays vs FxPro - Awards
Broker | Barclays | FxPro |
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Awards | At the time of writing this Barclays review, and despite Barclays’s impressive offering, the company has surprisingly not garnered any awards to date. |
FxPro have won many industry awards over the time they have been operating as an online trading platform. We detail the most recognised awards for FxPro here.
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Find Out More |
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Barclays vs FxPro - Frequently Asked Questions
Barclays vs FxPro - Headquarters And Year Of Founding
Barclays was founded in 2011 and has its headquaters in United Kingdom.
FxPro was founded in 2006 and has its headquaters in UK.
What is the minimum deposit for FxPro or Barclays
The minimum deposit for Barclays is $0.
The minimum deposit for FxPro is $100.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Barclays and FxPro are a good option.
Barclays vs FxPro - Regulation And Licencing In More Detail
Barclays is regulated by Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA).
FxPro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA).
Both Barclays and FxPro have a powerful collection of rules for ensuring fair trading onto their own platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Barclays vs FxPro Commission And Fees
Barclays and FxPro are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled much better. In other words, an internet broker is not necessarily affected by the number of clients they have.
However, this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly 3 different types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In such instances, you're spending a spread, financing rate, or even a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight rates are people who are charged when you hold a leveraged position for more than a day.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake on your accounts. They're charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither Barclays or FxPro charge high fees in comparison to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who regularly trade, for example weekly or daily trading.
But, non-trading fees charged by Barclays and FxPro are comparatively higher. Consequently, you are billed more for non-trading activities in your trading account, such as withdrawal and deposits. These aren't related to the sale and purchase of resources.
This Barclays vs FxPro review for 2024 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For Barclays And FxPro
What Languages Do Barclays And FxPro Support?
Being able to communicate completely with your online platform is a key part of comparing brokers to find your perfect broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key part of success when trading forex.
Below you can find the languages that both Barclays and FxPro support.
How Many Clients Do Barclays and FxPro Have?
Both Barclays and FxPro are well established with their customer base. It is important to work with an online broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many clients Barclays and FxPro are active on their platform
What Payment Methods Do Barclays and FxPro Accept?
Barclays and FxPro both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Barclays and FxPro
What Can You Trade With Barclays and FxPro?
Barclays offers 41 trading instruments and FxPro offers 250.
Below you will find a full breakdown of what both Barclays and FxPro offer.
Barclays Review
Barclays vs FxPro:
Table Of Contents
- Compare Barclays vs FxPro
- Benefits of Barclays and FxPro Compared
- FxPro and Barclays Mobile App Comparison
- Barclays vs FxPro - Awards
- Barclays vs FxPro - Frequently Asked Questions
- What is the minimum deposit for FxPro or Barclays
- Barclays vs FxPro - Regulation And Licencing In More Detail
- Compare Broker Fees For Barclays And FxPro
- What Languages Do Barclays And FxPro Support?
- How Many Clients Do Barclays and FxPro Have?
- What Payment Methods Do Barclays and FxPro Accept?
- What Can You Trade With Barclays and FxPro?