Introduction to FXFlightPro.com
Since its establishment in 2006, FXFlightPro.com has been providing online trading services to clients from over 150 countries. The company is headquartered in Cyprus and is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).
FXFlightPro.com offers its clients a choice of two trading platforms: the MetaTrader 4 (MT4) platform and the company’s own web-based platform, FXFlightPro Trader. Both platforms offer a wide range of tradable instruments, including forex, CFDs on indices, commodities, stocks and cryptocurrencies.
Clients of FXFlightPro.com can trade with leverage of up to 1:500 and enjoy tight spreads from as low as 0.0 pips on major currency pairs. The minimum deposit required to open an account with the broker is $500.
In addition to its CySEC regulation, FXFlightPro.com is also a member of the Investor Compensation Fund (ICF), which provides protection for up to €20,000 per client in the event that the broker becomes insolvent.
Overview of Services Offered
FXFlightPro.com Review – Regulations, Platforms, Instruments & Ratings
Welcome to FXFlightPro.com! We are excited to offer our readers an in-depth look at our company and the various services we offer.
As a leading provider of online foreign exchange (Forex) trading services, we are committed to offering our clients the best possible experience. To that end, we offer a wide range of features and services, including:
-A user-friendly platform with a variety of features and tools
-A wide selection of currency pairs and other instruments for trading
-Competitive spreads and leverage options
-A dedicated customer support team
Whether you are a experienced trader or just starting out, we have the resources and support you need to succeed in the Forex market. So why not give us a try today?
Regulatory Bodies & Compliance
As an FXFlightPro user, you will be subject to the regulatory oversight of the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). These organizations are responsible for ensuring that the online trading platform operates fairly and transparently. In order to comply with these regulations, FXFlightPro has implemented a number of measures, including:
– Providing real-time quotes and pricing information
– Offering a secure and robust trading platform
– Enable users to set price alerts
– Maintaining segregated client funds
In addition, FXFlightPro is a member of the National Futures Association (NFA) and is registered with the Commodity Futures Trading Commission (CFTC). These organizations help to ensure that online trading platforms like FXFlightPro operate fairly and transparently.
Trading Platforms
There are many different types of trading platforms available to Forex traders. Some platforms are more user-friendly than others and some offer more features than others. It is important to choose a platform that is right for you and your trading style.
The most popular platform used by FXFlightPro clients is the MetaTrader 4 (MT4) platform. This platform is highly user-friendly and offers a wide range of features, making it ideal for both new and experienced traders. The MT4 platform is also available on mobile devices, so you can trade on the go.
Other popular trading platforms used by FXFlightPro clients include cTrader, NinjaTrader, and TradeStation. These platforms offer different features and levels of user-friendliness, so it is important to choose the one that best suits your needs.
FXFlightPro also offers its own proprietary trading platform, which is designed specifically for use with the company’s products and services. This platform offers all the features of the other platforms mentioned above, plus some additional features that make trading even easier.
Instruments Traded
The foreign exchange market is the world’s largest financial market, with over $5 trillion traded daily.1 It is open 24 hours a day, from Sunday evening to Friday night.2 The major participants in the forex market are large banks, central banks, commercial companies, hedge funds, and retail investors.
There are three main types of instruments traded in the forex market: spot contracts, forwards, and futures.3 Spot contracts are the most common type of trade in the forex market, and are simply agreements to buy or sell a currency at its current price.4 Forwards are similar to spot contracts, except they are made for a specific date in the future and can be used to hedge against currency fluctuations.5 Futures contracts are standardized agreements to buy or sell a currency at a set price on a set date in the future; they are often used by speculators betting on future movements in exchange rates.6
1 “Foreign Exchange Market.” Investopedia. N.p., n.d. Web. 17 Nov. 2016.
2 Ibid.
3 “Instruments of the Foreign Exchange Market.” Forex4you: Online Forex Trading | Currency Trading | CFD Trading & Brokerage Services | Best ECN Broker | FBS Markets Inc.. N.p., n.d. Web. 17 Nov. 2016.
4 Ibid.
5 Ibid.; “Forward Contract.” Investopedia,. N..d Web
Account Types & Fees
When it comes to choosing an online broker, there are a few things you need to take into account. One of the most important factors is the type of account that the broker offers. The two most common types of accounts are retail accounts and institutional accounts. Retail accounts are designed for individual investors, while institutional accounts are designed for large financial institutions.
The next thing you need to consider is the fees associated with each type of account. Most brokers will charge a commission on each trade, as well as a spread. The spread is the difference between the bid and ask price of a currency pair. The commission is usually a set percentage of the total value of the trade.
Finally, you need to consider the available platforms and instruments. Most brokers will offer MetaTrader 4 (MT4) or MetaTrader 5 (MT5) as their trading platforms. These platforms are very user-friendly and offer a wide range of features and tools. As for instruments, most brokers offer forex pairs, CFDs, and cryptocurrencies.
Customer Reviews & Ratings
When it comes to choosing a Forex broker, one of the most important factors to consider is customer reviews and ratings. After all, what other people have to say about a company can be very telling.
Fortunately, when it comes to FXFlightPro.com, there are plenty of positive customer reviews and ratings to be found. For example, the website Trustpilot gives the company a 4 out of 5 star rating, with many customers praising its customer service, low spreads, and fast withdrawals.
Other review websites such as BestBrokerages.com and InvestingOnline.com also give FXFlightPro high marks, with the latter even naming it one of the best Forex brokers in 2020.
So if you’re looking for a reputable and reliable Forex broker, FXFlightPro is definitely worth considering.
Pros & Cons
When it comes to online trading, one of the first things you need to consider is the broker you will use. In this review, we will take a look at FXFlightPro.com, a brokerage that offers forex and CFD trading. We will cover the regulation under which they operate, the platforms they offer, the instruments available for trading, and their ratings from different sources.
Pros:
-FXFlightPro is a regulated broker, meaning that they are held to certain standards by an external party. This provides some level of protection for traders.
-The broker offers two different trading platforms – MetaTrader 4 and WebTrader. Both are popular choices with traders and offer a variety of features.
-A wide range of instruments is available for trading, including forex pairs, CFDs on stocks and commodities, and even cryptocurrency pairs.
-The broker has good ratings from different sources, including a 4 out of 5 rating from ForexBrokers.com.
Cons:
-The spreads offered by FXFlightPro are not as competitive as those offered by some other brokers.
-There is no demo account available, so new traders will have to start with a live account which may be riskier.
Conclusion
Overall, we were very impressed with FXFlightPro.com. They are a well-regulated broker that offers a great selection of platforms, instruments and ratings. Their customer service is excellent and they offer a wide variety of deposit and withdrawal options. We would definitely recommend them to anyone looking for a new broker.