FxPro vs Direct FX, 2024 Update
Read our In-Depth FxPro vs Direct FX Review - 2024 Update
This FxPro vs Direct FX review has been refreshed for 2024 by knowledgeable insiders boasting significant expertise in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of FxPro vs Direct FX does not apply to all countries as follows:
FxPro Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Direct FX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FxPro vs Direct FX
Each trading platforms feature a few ups and downs, so a complete FxPro and Direct FX review would not be complete without having a balanced approach.
Assess Direct FX and FxPro to understand how they line up with each other prior to you make an account. A comparative analysis helps to put things in perspective so that you remain aware of what you should anticipate.
So you are looking for a professional broker and are choosing between FxPro or Direct FX. Who is better in 2024?
Our FxPro vs Direct FX comparison contains the latest information so you can easily compare Direct FX against FxPro.
If you're a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You'll acquire adept at all the concepts of broker as you continue trading. For starters, you need to choose the right broker who will be clear with you constantly.
Within this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. FxPro and Direct FX are just two such companies which will take you along with your investment into great heights. It is important to compare FxPro vs Direct FX before you trust them with your money.
Our FxPro vs Direct FX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FxPro and Direct FX side by side.
Our entire FxPro vs Direct FX Review covers all you will need to learn about trading with either FxPro or Direct FX. A fantastic broker can multiply your initial investments and provide you favorable profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully assess your agent before you choose them. It is a frequent misconception that all agents will be the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.
FxPro and Direct FX are both brokers which have found their way successfully to the brokerage world. In this review, we have attempted to collate some of the important aspects of both FxPro and Direct FX. This review can help you to know whether either Direct FX or FxPro is a fantastic fit for your investments or not. We have tried to breakdown all the features and fees for your convenience.
Benefits of FxPro and Direct FX Compared
FxPro offers a minimum deposit of $100 while Direct FX offers a $1 minimum deposit.
Why smaller minimum deposits are good and how FxPro and Direct FX 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.
FxPro allows you to trade around 250 financial instruments whilst Direct FX has around 250 available.
The more instruments you can trade on the FxPro and Direct FX trading 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 seriously do not want to miss out on a trading opportunity due to the limitations of FxPro or Direct FX.
FxPro and Direct FX Contact Details
Being able to contact an online trading platform simply is vital. FxPro and Direct FX have the following contact details and social medias that you can use.
Broker | FxPro | Direct FX |
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Telephone Number | +44 203 151 5550 | |
support@fxpro.com | ||
Address | 13-14 Basinghall street, London, City of London EC2V 5BQ" | |
FxPro Twitter Account | Direct FX Twitter Account | |
FxPro Facebook Page | Direct FX Facebook Page | |
FxPro Instagram Account | Direct FX Instagram Account | |
FxPro LinkedIn Page | Direct FX LinkedIn Page | |
YouTube | FxPro YouTube Channel | Direct FX YouTube Channel |
Find Out More |
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Direct FX and FxPro Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of FxPro and Direct FX we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the 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. 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 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?
FxPro vs Direct FX - Awards
Broker | FxPro | Direct FX |
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Awards |
FxPro have won many industry awards over the years they have been operating as a financial broker. We list the most notable awards for FxPro below.
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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. |
Find Out More |
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FxPro vs Direct FX - Frequently Asked Questions
FxPro vs Direct FX - Headquarters And Year Of Founding
FxPro was founded in 2006 and has its head office in UK.
Direct FX was founded in 2006 and has its headquaters in New Zealand.
What is the minimum deposit for Direct FX or FxPro
The minimum deposit for FxPro is $100.
The minimum deposit for Direct FX is $1.
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 FxPro and Direct FX are a good choice.
FxPro vs Direct FX - Regulation And Licencing In More Detail
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 regulated by Unregulated.
Direct FX is unregulated but FxPro has a powerful set of rules for ensuring honest trading on its individual platforms. For information encryption purposes, they supply industry-standard secure socket layer (SSL).
In accordance with their own privacy policy, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare FxPro vs Direct FX Commission And Fees
FxPro and Direct FX are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. In other words, an internet broker isn't necessarily affected by the number of customers they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily 3 different types of fees for this purpose.
The first sort of fees to keep an eye out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In these instances, you are paying a spread, financing rate, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Financing or overnight prices are people who are charged when you maintain a leveraged position for longer than a day.
Apart from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake in your account. They are charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
In general, neither FxPro or Direct FX 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 smaller sum. This is beneficial for people who regularly exchange, such as weekly or daily trading.
But, non-trading fees billed by FxPro and Direct FX are comparatively competitive. As a result, you're charged more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't about the sale and purchase of resources.
This FxPro vs Direct FX review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For FxPro And Direct FX
What Languages Do FxPro And Direct FX Support?
Being able to chat completely with your online platform is a key way of comparing brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key part of success when trading online.
Below you will find all the languages that both FxPro and Direct FX support.
How Many Clients Do FxPro and Direct FX Have?
Both FxPro and Direct FX are well established with their customer base. It is important to work with a broker that is reputable and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many users FxPro and Direct FX are active on their platform
What Payment Methods Do FxPro and Direct FX Accept?
FxPro and Direct FX 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 FxPro and Direct FX
What Can You Trade With FxPro and Direct FX?
FxPro offers 250 trading instruments and Direct FX offers .
Below you will find a full breakdown of what both FxPro and Direct FX offer.
FxPro Review
FxPro vs Direct FX:
Table Of Contents
- Compare FxPro vs Direct FX
- Benefits of FxPro and Direct FX Compared
- Direct FX and FxPro Mobile App Comparison
- FxPro vs Direct FX - Awards
- FxPro vs Direct FX - Frequently Asked Questions
- What is the minimum deposit for Direct FX or FxPro
- FxPro vs Direct FX - Regulation And Licencing In More Detail
- Compare Broker Fees For FxPro And Direct FX
- What Languages Do FxPro And Direct FX Support?
- How Many Clients Do FxPro and Direct FX Have?
- What Payment Methods Do FxPro and Direct FX Accept?
- What Can You Trade With FxPro and Direct FX?