FxPro Committed to Fairness and Transparency
07 Apr, 2015, 11:52 BST
LONDON, April 7, 2015 /PRNewswire/ --
A strong proponent of transparency and fair trading services, FxPro remains committed to providing its clients with not only full trade reporting and support, but also with advanced order-matching and execution technologies that are continuously upgraded. As a trusted broker for a growing number of clients worldwide, FxPro is pleased to announce its slippage statistics for the month of March:
- Positive = 36%
- At Quote= 36%
- Negative= 28%
(Logo: http://photos.prnewswire.com/prnh/20150317/735436 )
As FX is an OTC (Over-the-Counter) product, clients may experience trades executed at a different price to the one displayed at the time. Operating as a Hybrid broker, using a non dealing agency model execution technology, FxPro allows its clients to access top-tier liquidity and to benefit from both its execution technology and its Negative Balance Protection guarantee, while also mitigating operational risk.
In conjunction with its slippage statistics, FxPro is also announcing the percentage of re-quotes that clients received during March:
- Re-quotes= 4.32%
- Positive= 2%
- Negative= 2.32%
FxPro CEO, Charalambos Psimolophitis, commented on these encouraging statistics:
"At FxPro we have long been supporters of transparency and fairness in the Forex industry, and have worked hard to eradicate all conflicts of interest between broker and client. Having adopted a Hybrid Agency Model, we provide our clients with not only superior educational resources and trading tools but also with a guarantee of their funds' safety. In an industry where it is taken for granted that slippage almost always goes against the client, we are pleased to demonstrate that this is not in fact the case. As the topic of slippage symmetry comes into greater focus, we encourage other brokers to be as forthcoming with their own execution statistics."
About FxPro
FxPro is a multi-award-winning FX broker that has its interests aligned with its clients by helping them to become more profitable. Via its exceptionally deep pool of liquidity FxPro aims to be the leading provider of FX solutions for both institutional and retail clients, which it currently serves in over 150 countries with advanced trading platforms and algorithmic tools.
FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration no. 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07).
Risk Warning
Trading CFDs involves a high risk of loss.
Media Contact
Media Relations
FxPro
+44(0)20-7776-9720
Email: pr@fxpro.com
SOURCE FxPro