Learn how to open an FxPro trading account.
The act of Buying or selling of an instrument opens a position. Then, in order to gain profit based on the price differences, you must close that position.
A single open trade position will be closed automatically if prices match the values of Stop Loss or Take Profit orders.
Attention: When a long position is being closed, the Bid price must equal to the value of Stop Loss or Take Profit, and Ask price must do for short positions.
To close a position manually, you must either "right-click" or "double-click" the left mouse button over your open position in the "terminal window" From the menu that appears you must then select "Close Order"
Attention: in the "Instant Execution" mode, the offered quotes will be active for just a few seconds. If no decision has been made within these seconds, the "Close... " button will be locked again;
The client terminal allows you to close positions partially. To do so, you must follow the procedure to close the position, but specify the volume you wish to close of that position from the "Close Order Window" then select "close"
History charts are drawn only on BID prices in the terminal. At that, a part of orders shown in charts is drawn on ASK prices. To get ASK price of the latest bar shown, one has to flag "Show Ask line" option in the terminal settings.
Risk Warning: Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of CFDs is not a reliable indicator of future results. Most CFDs have no set maturity date. Hence, a CFD position matures on the date you choose to close an existing open position. Seek independent advice, if necessary. Please read FxPro’s full ‘Risk Disclosure Statement’.
FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (previously, Financial Services Authority) (registration no. 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07).
FxPro Group Limited is a holding company that controls FxPro Financial Services Limited. FxPro UK Limited is a direct operating subsidiary of FxPro Financial Services Limited. FxPro Financial Services Limited and FxPro UK Limited do not offer Contracts for Difference to residents of certain jurisdictions such as United States of America and the Islamic Republic of Iran.