ECN Forex Trading

Commission

FxPro charges $30 per 1 million US dollars traded on the FxPro cTrader. ECN Platform Traders have the flexibility of knowing their FxPro cTrader access costs upfront and can build the cost in their ECN trading strategies and entry and exit points.

Spreads

FxPro is pleased to offer competitive spreads starting from 0 pips.

ECN Forex Trading Times*

ECN forex trading online is available 24 hours a day, 5 days a week allowing traders access during all market trading times.

*Every day between 23:59 – 00:05 ECN trading may be halted for 6 minutes.

Order Sizes

ECN broker FxPro can execute any order size starting from 10,000 of the base currency with no maximum limit.

Order Types

Traders can execute a number of ECN forex orders with FxPro, including:

FxPro cTrader has no restriction on how far away from the current market price a trader can place a take profit or a stop loss level, allowing precise strategy implementation. Traders can place a take profit or stop loss order as close as possible to the current market price.

Swap/Rollover

If a trade is kept open overnight, then there is a swap/rollover cost/income calculated on that position. The cost or income is calculated as the overnight interest rate differential between the two currencies on which the position is held, depending on the type of the position (long/short).

It is important to remember that you can gain or lose on swap and, as such, you have either positive rollover or negative rollover. There is a possibility that some instruments may have negative rollover values on both sides, because FxPro charges its own interest, based on the overnight rate and therefore the positive and negative values are decreased accordingly.

In the trading terminal ’swap’ is automatically converted into the balance currency. Operation is conducted at 23:59 server time. From Friday to Monday swap is charged once. From Wednesday to Thursday swap is charged at triple rate.

ECN Forex Currency Pairs Table: