There is really a wide range of trading software available for FxPro traders. Its hard to find such a versatile lineup for forex and CFDs trading anywhere. We already listed all the platforms available and most traders are already well used to MT4 and MT4 platforms. Not only that these are available for download, but there is also web trader access and the EAs we will describe in more detail below.
The alternative is the cTrader which may not be that popular but offers some nice perks too. We really like the back-testing feature which allows traders to test strategies on previous data. This can be really handy when designing the cbots.
FxPro Algo Automatic Robot Trading
As mentioned, FxPro offers algo trading too. The setup will naturally depend on the type of the platform used. The FxPro Quant is a very user friendly aglo bot – a strategy builder that uses fast drag and drop system to enable trader to set it up efficiently. Algorithms set by FxQuant will track market moves and act when they spot that market conditions are in line with the strategy. It works bot on MT4 (EAs) and cTrader (cBots).
The FxPro Quant app uses Adobe Flash, so Safari users where this plugin is blocked may need to enable it on request. Strategies are easily set up by selecting various nodes that can be inputs, market conditions, indicators and other elements leading to an output. The algorithm is defined by setting up all the nodes and connecting them in a way that when certain conditions are satisfied the action (buy, sell…) is executed and strategy implemented. With MT4 the strategy file is saved into MetaTrader4 experts folder. By using the strategy tester, you can also check if your algorithm works. Its that easy – not programming and coding knowledge is needed. Everyone can create their own robot.
Traders can also use cAlgo, which works with cTrader.
FxPro Dashboard and Tools
Traders can take advantage of the FxPro Dashboard where in one glance one can se the most important moves of the day and get the idea in which way the market is swaying. They also offer FxPro tools, as an addone one can install in the browser. They even have a Safari extension, which for us who use Mac computers and love Safari is really good news.
FxPro Assets & Markets
For trading any asset CFDs as well as forex CFDs there is a huge selection of underlying assets and currencies. 70 currencies are available for forex trading. When it comes to futures markets, 20 underlying assets are offered. Stock traders will love the fact there are more than 150 stocks to be used for CFD trading and spot indices are included too – 29 of them. Commodities are offered as well.