FxPro Malaysia

Eightcap

Min $100
Free Demo
MT4 & MT5

Eightcap Review

FxPro Account Types

• Standard Account: An excellent choice for traders of all types, offering floating FX Spreads starting at 1.2 pips via MT4/MT5 and micro lot trading options. It requires a minimum deposit of $100.
• Pro Account: Enjoy all-inclusive low spreads from 0.6 pips on foreign exchange via Metatrader 4 with a minimum deposit of $1000.
• Raw+ Account: With the Raw+ Account, enjoy the privileges of VIP treatment featuring zero spreads for more than 90% of the trading day and a low commission of a maximum of 3.5 USD per lot per side on MT4/MT5 platforms. Please note that the minimum deposit requirement is $1000.
• Elite Account: Similar to Raw+, you’ll enjoy ZERO spreads for more than 90% of the trading day and a low commission (maximum of $3.5 per lot per side), plus the opportunity to earn back up to 21% of your commissions! Available on MT4/MT5 platforms. Please note that a minimum deposit of $30k is required.

FxPro demo account

The FxPro Demo Account is a feature provided by the FxPro forex trading platform that allows beginners to practice trading without using real money. This account serves as a training ground where users can get acquainted with the platform’s interface, learn how to analyze market trends, and develop trading strategies. The FxPro Demo Account is also an excellent tool for experienced traders who want to test new strategies without risking their capital. It offers a realistic trading environment with real-time market prices and conditions.

Tradeable Assets

• Forex: Malaysian clients have the opportunity to trade 70 major, minor, and exotic currency pairs. The Forex market is the largest and most liquid financial market in the world, and FxPro provides competitive trading conditions for this market.
  
• Futures: The broker allows clients to trade futures on a variety of commodities including agricultural commodities like wheat, corn, and soybeans, energy commodities like crude oil and natural gas, and indices.
  
• Indices: FxPro also allows trading on major and minor index CFDs from around the globe. This includes indices from the most influential economies such as the US, UK, Japan, and more. Traders can choose to trade these as Spot or Future contracts.
  
• Shares: With FxPro, Malaysian traders can trade shares from thousands of public companies in the US, UK, and EU. This provides a great opportunity for diversification and portfolio expansion.
  
• Metals: For those interested in trading commodities, FxPro provides access to metal commodities such as Gold, Silver, and Platinum. These are often considered safe-haven assets and can be a good option for risk management.
  
• Energy: FxPro provides opportunities to trade on UK & US Crude Oil & Natural Gas Spots and Future contracts. This can be an exciting market with great potential for profits due to its volatility and market size.
  
• Cryptocurrencies: In response to the growing popularity of cryptocurrencies, FxPro also offers the opportunity to trade Bitcoin, Ethereum, Doge, Tether, and other crypto and altcoin CFDs. This is a fast-growing and highly volatile market that can offer exciting opportunities for traders.
  
• CFDs: Offers Contracts for Difference (CFDs) on Forex, Shares, Futures, Spot Indices, Spot Metals, and Spot Energy. Trading CFDs allows traders to speculate on the price movement of these assets without actually owning them. This can provide a lot of flexibility and potential for profit.

FxPro Leverage

FxPro employs a dynamic leverage model for the asset groups specified below on the FxPro, MT4, and MT5 platforms. This model automatically adjusts according to the client’s trading positions. As a client’s volume per instrument increases, the maximum leverage offered reduces correspondingly.

Trade with FxPro Malaysia in Different Platforms

FxPro Trading Platform

The FxPro Trading Platform is an online web platform that provides easy access to your FxPro EDGE Accounts directly from your browser. It offers a highly adaptable interface and advanced trading widgets. Features include over 50 technical indicators and charting tools, detachable chart windows, handy trading widgets, a customizable layout, six chart types with 15 timeframes, and dark and light themes.

FxPro Mobile App

The FxPro Mobile app is a comprehensive solution that lets you handle your accounts, manage funds, and trade from a unified platform, all within one app. It’s available for both iOS and Android. The app features fast sign-up, an integrated trading platform, an interactive economic calendar, and the ability to open and manage accounts. You can also deposit, transfer, and withdraw funds, monitor volatility, and receive push notifications.

FxPro MT4 (MetaTrader4)

Since its establishment, MetaTrader 4 (MT4) has become the benchmark in the trading industry by providing all necessary tools for asset charting, order placement, and position management. Coupled with its advanced trading infrastructure, competitive pricing, and superior order execution, devoid of dealing desk interference, the FxPro MT4 is one of the most potent combinations in online forex trading. The MetaTrader 4 download link can be accessed from the FxPro official website.

• Elevate your trading experience with exclusive technical analysis tools from Trading Central on MT4 Trading Central Tools. These tools help you spot new trading opportunities, fine-tune your entry and exit timings, and provide immediate insights on Trading Central’s preferred direction, target levels, and alternative scenarios based on support and pivot lines.
• Boost your trading with automated trading using the MT4 MetaEditor, Strategy Tester, and FxPro VPS.
• With FxPro MT4 Mobile, experience the convenience of the most popular trading platform on your mobile phone, available anytime, anywhere. It’s compatible with both iOS and Android.
• The MetaTrader 4 Webtrader allows you to access your MT4 account directly from your browser without the need for any software installation.
• Furthermore, the MT4 Multiterminal enables you to manage positions and execute orders across multiple MT4 accounts.

FxPro MT5 (MetaTrader 5)

The FxPro MT5 trading platform, upholding the stellar reputation of its predecessor, equips you with all you need to navigate the financial markets. It is user-friendly and can be fully tailored to complement your trading style, providing an advanced environment for EA development and extra features.

• It also offers MT5 Trading Central Tools, which include an exclusive assortment of technical analysis indicators from Trading Central. These tools help you spot new trading possibilities, enhance your timing for entry and exit, and offer an immediate perspective on Trading Central’s favored direction, target levels, and alternate scenarios based on support and pivot lines.
• With MT5, you can also access automated trading via MetaEditor, Strategy Tester, and FxPro VPS.
• FxPro MT5 App is also available for mobile and tablets, allowing you to trade on the go via your mobile device, regardless of where you are. It is compatible with iOS and Android.
• Furthermore, the MT5 webtrader platform now boasts advanced financial trading functions and top-notch tools for technical and fundamental analysis, making trading more seamless than ever.

cTrader

The cTrader platform not only offers a plethora of advanced technical features but also employs cTID (cTrader ID) login functionality. This implies that all connected accounts can be accessed with just one login and all settings are synchronized. Download cTrader for free today and leverage its numerous benefits when used with the FxPro cTrader account.

• Experience automated trading on cTrader with cTrader Automate and FxPro VPS.
• Access your cTrader account from your mobile phone or tablet, enjoying a sophisticated user interface and superior mobile charting features. The platform is available on both iOS and Android devices.
• The cTrader web platform is a robust solution for browser or Mac users, offering the same advanced capabilities as the desktop platform, except for cTrader Automate. Access your account from anywhere, at any time without the need for software installation.
• Enhance your trading experience with chart targets from cTrader Trading Central. Recognize new trade opportunities, refine your entry/exit timings, and gain immediate insights on Trading Central’s recommended direction based on unbiased technical analysis. Chart targets are a built-in feature across all cTrader platform types.

FxPro Deposit Options in Malaysia

FxPro has made it easier to deposit and withdraw funds with the FxPro Wallet. Now, you can move money between your FxPro Wallet and trading accounts whenever you want. The FxPro Wallet serves as a personal risk management tool, acting as a central account for transferring money to all your other trading accounts with just a few clicks. The main benefit of depositing into your FxPro Wallet instead of directly funding your accounts is the complete protection of your deposited funds from any open positions in your trading account.

FxPro accepts various payment methods, including:

• Bank Wire transfers – This method involves transferring funds directly from your bank account to your FxPro trading account. The processing time for this method usually takes between 3 to 5 business days, depending on the bank.
• Credit/Debit cards – FxPro accepts all major credit and debit cards, including Visa and MasterCard. The processing time is almost instant, although it can sometimes take up to 24 hours.
• E-Wallets – This includes popular online payment systems like PayPal, Neteller, Skrill, and others depending on your country of residence. These methods are generally processed within 24 hours.
• FasaPay – This online payment service is popular in Asian countries, including Malaysia. FasaPay deposits are usually processed within a few hours.

FxPro minimum deposit is $100. The platform does not impose any fees or commissions on deposits or withdrawals, but banks may charge fees for transfers. Be aware that e-wallets may charge a withdrawal fee if you have not traded. 

FxPro Withdrawal Options in Malaysia

FxPro is a leading online trading platform that offers a wide range of services for traders all over the world, including Malaysia. For clients based in Malaysia, FxPro offers several withdrawal options each with varied processing times.

• Credit and Debit Cards: You can withdraw funds directly to your credit or debit card. The processing time is typically between 3 to 5 business days.
  
• Bank Wire Transfer: This method involves transferring funds directly to your bank account. The processing time usually takes between 2 to 5 business days.
  
• E-Wallets: FxPro also supports several e-wallets like Skrill, Neteller, and PayPal. The processing time for e-wallets is usually within 24 hours, making it one of the fastest methods.
  
• Local Bank Transfers: FxPro allows withdrawals through local bank transfers for clients in certain countries, including Malaysia. The processing time for local bank transfers is typically between 1 to 2 business days.

Please note that while the processing times are typically as mentioned above, they may vary depending on the specific policies of your bank or e-wallet provider. Also, FxPro does not charge any fees for withdrawals, but your bank or e-wallet provider might. It’s advisable to check this with your bank or e-wallet provider before initiating a withdrawal.

It’s also worth noting that FxPro requires clients to withdraw funds back to the original payment method used for depositing. This complies with anti-money laundering regulations.

To withdraw funds, you need to submit a withdrawal request through the FxPro Direct portal. The company will process your request as quickly as possible once they have all the necessary information.

FxPro’s reliable withdrawal options and efficient processing time make it a preferred choice for traders in Malaysia.

FxPro Minimum Withdrawal

FxPro minimum withdrawal limit set varies depending on the payment method chosen by the user.

• Credit/debit card transactions minimum withdrawal amount is $100.
• For bank transfers, the minimum amount is $500.
• For e-wallets, including Skrill and Neteller, the minimum withdrawal amount is $50.

Customers need to be aware of these minimum limits before initiating a withdrawal to ensure a smooth transaction process.

Trading Tools

FxPro Trading Tools are designed to help traders make more informed decisions by providing them with advanced trading tools. They include real-time data, up-to-date market news, technical analysis charts, and more.

• Trader’s Dashboard: This is a feature of FxPro that provides an overview of the market. It includes data such as current market prices, trading volumes, and more.
  
• FxPro Calculators: These calculators help traders make quick and accurate calculations related to their trades. They can be used to calculate various trading parameters such as margin, pip value, swap, and more.
  
• FxPro VPS: This is a Virtual Private Server offered by FxPro for traders who use automated trading systems. It allows for uninterrupted, secure, and fast execution of trades.

News & Analysis

This section provides traders with the latest news and analysis from the financial markets. It includes updates on economic events, market trends, and more.

• Economic Calendar: This is a tool that lists all the upcoming economic events that have the potential to impact the financial markets. It includes events such as economic indicator releases, central bank meetings, and more.
• Earnings Calendar: This calendar lists the dates when companies are scheduled to release their earnings reports. It helps traders to plan their trading strategies around these important events.
• Market Holidays: This is a list of all the public holidays when the financial markets are closed. It helps traders to plan their trading schedules accordingly.
• FxPro Market News: This is a section that provides the latest news from the financial markets. It includes updates on market trends, economic events, and more.
• Technical Analysis by Trading Central: This is a service offered by Trading Central, a leading provider of technical analysis. It provides detailed technical analysis reports and forecasts for various financial instruments.

Education Resources

FxPro broker provides a wide range of educational resources for traders, including those based in Malaysia. These resources are designed to help traders at all levels improve their trading skills, understand market trends, and make informed trading decisions.

• Online Trading Courses: FxPro offers online courses which cover various aspects of trading. These include understanding forex trading, technical analysis, risk management, and trading strategies.
  
• Webinars: Regular webinars are held where industry experts discuss current market trends, strategies, and trading techniques. Traders can also interact and ask questions during these live sessions.
  
• E-books: They offer a range of e-books that cover various trading topics. These are designed to provide traders with in-depth knowledge about different aspects of trading.
  
• Video Tutorials: These are aimed at helping traders understand complex trading concepts in a simplified and visual way. They cover a wide range of topics including how to use the trading platform, market analysis techniques, and advanced trading strategies.
  
• Articles and Market Analysis: FxPro provides regular articles and market analysis reports. These are written by experienced traders and market analysts, providing insights into the latest market trends and trading opportunities.
  
• Glossary: A comprehensive glossary is available, explaining all the technical terminologies used in forex and CFD trading.
  
• Economic Calendar: This is a useful tool for traders to keep track of important economic events that can have an impact on the financial markets.
  
• Customer Support: FxPro offers multilingual customer support 24/5 to assist traders with any queries or issues they might have.

These resources are freely available to registered users on the FxPro platform. They are part of FxPro’s commitment to providing the best possible trading education to their clients, and to empowering traders with the knowledge and tools they need to succeed in the financial markets.

Customer Support

FxPro is a highly reputable online brokerage firm that offers a range of customer support services in Malaysia. If you’re in Malaysia and have any questions or issues with your FxPro account, there are several ways you can reach out to their customer support team.

• Live Chat Support – This enables you to get real-time assistance from a customer support representative. This is a quick and convenient way to get immediate responses to any queries or issues you might have.
• Email: support@fxpro.com | info@fxpro.com – Whether you need help with account management, technical issues, or general inquiries, emailing these addresses will ensure your concerns are addressed.
• Local Toll-Free Number:  FxPro has provided a local toll-free number for customers in Malaysia. By dialing 08000 463 050, you can speak directly with a customer support representative who can assist with your needs.
• Address: If you need to send any documents or letters to FxPro, you can mail them to their headquarters address in the United Kingdom. The address is FxPro UK HQ, 13-14 Basinghall Str., City of London, EC2V 5BQ, UK.

Is FxPro Halal in Malaysia?

FxPro is halal, or permissible according to Islamic law, in Malaysia. This is due to FxPro offering Islamic trading accounts, also known as swap-free accounts, which comply with Islamic principles prohibiting usury or the paying and receiving of interest. With a significant Muslim population, the availability of halal trading options like those offered by FxPro is crucial in Malaysia. It allows Muslim traders to engage in foreign exchange trading while still adhering to their religious beliefs.

FxPro review Malaysia – Conclusion

In conclusion of this FxPro broker review, FxPro has proven to be a reliable and efficient forex trading platform for users in Malaysia. It offers a wide range of trading tools and features, excellent customer service, competitive spreads, and strong regulatory oversight. Whether you’re a beginner or an experienced trader, FxPro in Malaysia is a worthwhile option to consider.

The future perspectives on FxPro Broker in Malaysia look promising as the country continues to develop its financial and economic sectors. Recognized as one of the leading forex brokers globally, FxPro provides a reliable platform for forex trading, which is likely to attract a growing number of Malaysian investors. Additionally, with Malaysia’s increasing interest in forex trading as a form of investment, the demand for reliable and user-friendly platforms like FxPro is expected to rise. As the Malaysian government continues to regulate and support the growth of forex trading, the future of FxPro Broker in Malaysia looks bright, with potential for significant expansion and success.

Check out our Forex Trading in Malaysia – Recommended Forex Brokers.