Direct FX vs FxPro, 2024 Update
Read our In-Depth Direct FX vs FxPro Review - Updated for 2024
Our comprehensive analysis of Direct FX and FxPro has been updated for 2024 by knowledgeable insiders boasting considerable financial experience across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Direct FX vs FxPro does not apply to all countries as follows:
Direct FX 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 Direct FX vs FxPro
All online trading platforms will have certain ups and downs, and a complete review of Direct FX and FxPro would not be regarded as thorough without having a balanced approach.
Assess FxPro and Direct FX to understand the way they compare against each other before you decide to open an account. Performing a comprehensive comparison will bring aspects in perspective in order that you're aware of what you should anticipate.
So you are looking for an online trading platform and are choosing between Direct FX or FxPro. Who should you choose?
This Direct FX vs FxPro comparison contains the most recent information so you can easily compare FxPro against Direct FX.
If you are a new entrant in the world of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough knowledge. You'll acquire adept at all of the concepts of brokerage as you continue trading. For starters, you have to choose the right broker who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. Direct FX and FxPro are just two such platforms which will take you along with your investment into great heights. It's important that you compare Direct FX vs FxPro before you trust them with your cash.
Our Direct FX vs FxPro comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Direct FX and FxPro side by side.
Our entire Direct FX vs FxPro Review covers all you need to learn about trading using either Direct FX or FxPro. A good agent can multiply your initial investments and give you favorable profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire method to ensure profits; thus, you must carefully analyze your broker before you select them. It's a frequent misconception that all agents will be exactly the same, but that's not true. Wrong judgment, in the beginning, can set your investments at risk.
Direct FX and FxPro are both brokers that have found their way successfully to the brokerage world. Within this review, we have attempted to collate a number of the important aspects of both Direct FX and FxPro. This review will allow you to know whether either FxPro or Direct FX is a fantastic match for your own investments or not. We have attempted to breakdown all of the features and charges for your advantage.
Benefits of Direct FX and FxPro Compared
Direct FX offers a minimum deposit of $1 while FxPro has a $100 minimum deposit.
Why smaller minimum deposits are good and how Direct FX 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.
Direct FX allows you to trade around financial instruments while FxPro allows you to trade around on their platform.
The more instruments you can trade on the Direct FX 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 should never want to miss out on a trading opportunity due to the limitations of Direct FX or FxPro.
Direct FX and FxPro Contact Details
Being able to contact an online trading platform easily is vital. Direct FX and FxPro have the following contact details and social medias that you can use.
Broker | Direct FX | 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" | |
Direct FX Twitter Account | FxPro Twitter Account | |
Direct FX Facebook Page | FxPro Facebook Page | |
Direct FX Instagram Account | FxPro Instagram Account | |
Direct FX LinkedIn Page | FxPro LinkedIn Page | |
YouTube | Direct FX YouTube Channel | FxPro YouTube Channel |
Find Out More |
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FxPro and Direct FX 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 Direct FX and FxPro will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Direct FX vs FxPro - Awards
Broker | Direct FX | FxPro |
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Awards | At the time of writing this Direct FX review, and despite Direct FX’s impressive offering, the company has surprisingly not garnered any awards to date. |
FxPro have won numerous industry awards over the time they have been running as an online trading platform. We detail the most notable awards for FxPro below.
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Find Out More |
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Direct FX vs FxPro - Frequently Asked Questions
Direct FX vs FxPro - Headquarters And Year Of Founding
Direct FX was founded in 2006 and has its headquaters in New Zealand.
FxPro was founded in 2006 and has its headquaters in UK.
What is the minimum deposit for FxPro or Direct FX
The minimum deposit for Direct FX is $1.
The minimum deposit for FxPro is $100.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Direct FX and FxPro are a good choice.
Direct FX vs FxPro - Regulation And Licencing In More Detail
Direct FX is regulated by Unregulated.
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).
Direct FX is unregulated but FxPro has a strong collection of rules for ensuring fair trading onto its individual platforms. For information encryption functions, they supply industry-standard secure socket layer (SSL).
In accordance with their privacy policy, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Direct FX vs FxPro Commission And Fees
Direct FX and FxPro are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled much better. That is, an internet broker is not necessarily influenced by the number of customers they have.
But this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three different types of penalties for this objective.
The first kind of fees to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In these cases, you are paying a spread, funding speed, or even a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are those that are billed when you hold a leveraged position for more than daily.
Aside from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake on your account. They are billed for operations like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither Direct FX or FxPro charge high fees compared to other online agents. For operations other brokers fee for, they do not charge a broker fee, or they charge a lesser amount. This can be beneficial for those who often trade, for example weekly or daily trading.
However, non-trading fees billed by Direct FX and FxPro are comparatively lower. As a result, you are billed more for non-trading actions on your trading account, like withdrawal and deposits. These are not related to the sale and purchase of assets.
This Direct FX vs FxPro review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For Direct FX And FxPro
What Languages Do Direct FX And FxPro Support?
Being able to chat completely with your trading platform is a key element when comparing trading platforms to find the best broker. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key factor to success when trading forex.
Below you can find the languages that both Direct FX and FxPro offer communication in.
How Many Clients Do Direct FX and FxPro Have?
Both Direct FX and FxPro are well known and trusted. It is important to work with a broker that is professional 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 Direct FX and FxPro are active on their platform
What Payment Methods Do Direct FX and FxPro Accept?
Direct FX 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 Direct FX and FxPro
What Can You Trade With Direct FX and FxPro?
Direct FX offers trading instruments and FxPro offers 250.
Below you will find a full breakdown of what both Direct FX and FxPro offer.
Direct FX Review
Direct FX vs FxPro:
Table Of Contents
- Compare Direct FX vs FxPro
- Benefits of Direct FX and FxPro Compared
- FxPro and Direct FX Mobile App Comparison
- Direct FX vs FxPro - Awards
- Direct FX vs FxPro - Frequently Asked Questions
- What is the minimum deposit for FxPro or Direct FX
- Direct FX vs FxPro - Regulation And Licencing In More Detail
- Compare Broker Fees For Direct FX And FxPro
- What Languages Do Direct FX And FxPro Support?
- How Many Clients Do Direct FX and FxPro Have?
- What Payment Methods Do Direct FX and FxPro Accept?
- What Can You Trade With Direct FX and FxPro?