Introduction Of Micro Lots Account From FxPro Helps To Reduce Risk Of Forex Trading

LONDON, May 15, 2014 /CNW/ - Clients of FxPro now have the ability to trade in even smaller lot sizes following the introduction of a micro lot account. Previously it was only possible to trade a minimum lot size of 0.10 (10,000 base currency units) on the Metatrader 4 (MT4). This put trading forex with FxPro out of the reach of many investors due to the higher deposit requirements associated with the larger lot sizes. Now clients can trade micro lot sizes of 0.01 (1,000 base currency units). The introduction of the micro lot account is particularly important for those clients who use MT4 Expert Advisers or algorithms for their trading.

FX trading allows clients to trade using high leverage, but giving clients the ability to trade in micro lots allows them to reduce their leverage and therefore their risk. FxPro's is driven to promote responsible trading and being an Agency Model broker wants to see clients trade more profitably.

"Having  worked  closely  with  our  liquidity  providers  we  are  delighted  to  be  able  to  offer  the micro  lot  trade  size  to  our  clients  for  the  MT4  trading  platform. Allowing  clients  to  trade micro  lots  is  another  step  towards  making  the  FX  markets  more  accessible  for  a  wider range  of  traders  and  investors. FxPro  is  constantly  looking  to  make  forex  trading  simpler, more  transparent  and  at  the  same  time  helping  clients  to  manage  their  risk  more  effectively."  Charalambos Psimolophitis, CEO at FxPro.

Notes to Media

About FxPro

FxPro is an award-winning, 100% Agency Model FX broker that has its interests totally aligned with its clients. FxPro serves clients worldwide with advanced trading tools and aims to be the leading provider of FX solutions for algorithmic trading.

FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (previously, Financial Services Authority) (registration no. 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07).

http://www.fxpro.co.uk

Risk Warning

Trading CFDs involves a high risk of loss.

SOURCE: FxPro

Media Contact: Media Relations, FxPro, [phone], Email: [email protected]