FXPro

FxPro is a globally recognized broker known for offering no-dealing-desk (NDD) execution, competitive trading conditions, and a flexible range of accounts. With over 15 years of industry presence and regulation by top-tier authorities such as the FCA (UK), CySEC (EU), and FSCA (South Africa), FxPro has become a trusted platform for both retail and professional traders — including an expanding user base in Nigeria.

FxPro’s support for cTrader, MetaTrader 4 (MT4), and MetaTrader 5 (MT5) ensures that Nigerian traders can choose the trading environment that best suits their strategy. The broker stands out for its transparent execution metrics, including real-time slippage data and average order execution speeds, making it especially appealing to scalpers, day traders, and high-frequency traders.

Why FxPro Appeals to Nigerian Traders

FxPro has built its reputation around a trader-first approach, allowing strategies such as hedging, scalping, and automated trading. With tight spreads, fast order execution, and no dealing desk intervention, Nigerian traders can enjoy more reliable price feeds and reduced conflict of interest.

Additionally, FxPro provides educational content, economic news, and an in-depth economic calendar, empowering Nigerian users to make informed decisions across various markets.

Why FxPro Appeals to Nigerian Traders

Key Features for Nigerian Traders

  • Multiple Trading Platforms – MT4, MT5, and cTrader supported
  • No-Dealing-Desk Execution – Reduces risk of manipulation and requotes
  • Execution Speed Transparency – Slippage statistics and order time reports
  • Tight Spreads & Low Slippage – Ideal for scalping and short-term trading
  • Hedging Allowed – Trade opposing positions in volatile conditions
  • Built-in Tools & Analytics – Integrated economic calendar and market insights
  • FSCA-Regulated – Local compliance for Nigerian and African clients

Trading Platforms Overview

PlatformBest ForHighlights
MT4Forex traders & EAsFast execution, indicators, low system load
MT5Multi-asset tradersMore order types, deeper market insight
cTraderScalpers & algo tradersDepth of Market (DOM), advanced analytics
FxPro EdgeWeb-based flexibilityClean interface, ideal for beginners

These platforms are available via desktop, web, and mobile apps, allowing Nigerian users to manage their portfolios on the go.

Account Types & Trading Conditions

Account Types & Trading Conditions

FxPro offers several account types tailored to specific platforms and strategies. All accounts feature:

  • Spreads from 0.0 pips (on cTrader)
  • Floating leverage up to 1:500
  • Negative balance protection
  • Market execution with ultra-low latency
  • Flexible base currencies, including USD, EUR, and GBP

Islamic (swap-free) accounts are available upon request.

Slippage & Execution Transparency

FxPro is one of the few brokers that publicly shares execution quality metrics, including:

  • Avg. execution time: ~13 milliseconds
  • 80% of market orders executed with zero slippage
  • Positive slippage reported in over 10% of orders
  • Real-time execution statistics on the broker’s website

This level of transparency provides confidence and reliability for Nigerian traders using scalping bots, expert advisors, or short-term strategies.

Markets Available on FxPro

Nigerian traders have access to a broad range of instruments:

Asset ClassExamples
Forex70+ currency pairs including USD/NGN*
IndicesS&P 500, NASDAQ, FTSE 100, GER30
CommoditiesGold, Silver, Oil, Natural Gas
SharesGlobal stocks (US, UK, EU markets)
CryptoBitcoin, Ethereum, Litecoin, Ripple
FuturesGlobal indices, commodities, and more

Note: USD/NGN is not guaranteed — availability depends on current FX offerings.

Funding Methods for Nigerian Traders

While FxPro does not yet support NGN directly, Nigerian clients can fund their accounts using:

  • Visa/MasterCard (NGN converted to USD/EUR)
  • E-wallets like Skrill, Neteller, and PayPal
  • International wire transfers
  • Withdrawals processed within 1–2 business days

There are no internal fees on deposits or withdrawals, and the broker offers account base currency flexibility to help minimize conversion charges.

Education and Market Support

FxPro supports Nigerian traders with:

  • Free webinars and trading courses
  • Daily market analysis and forecast videos
  • Interactive economic calendar
  • Strategy guides and platform tutorials
  • Multilingual support via email, phone, and live chat

This educational focus makes FxPro a strong choice for Nigerians looking to improve their trading skills while using professional-level tools.

Regulation and Client Protection

FxPro holds licenses from several respected regulators:

  • FCA (UK)
  • CySEC (Cyprus)
  • FSCA (South Africa)
  • SCB (Bahamas)

Client funds are held in segregated accounts, and negative balance protection is enforced — providing an added layer of security for traders managing risk in volatile markets.