Brokers News

FxPro execution: 83% of orders executed at requested or better price in Q3

Oct 29 2015 16:07:27 GMT
By
Stanimir Zhelev , ForexBrokerz.com Find me on Google+

Though the increased market volatility during the last three months, only 17% of all orders have received negative slippage. 

 

Earlier this year, online broker FxPro took the initiative to quarterly publish key statistics relating to its standards of service in an effort to increase transparency in the FX market and encourage more industry participants to be as forthcoming about their operations. Today, FxPro is pleased to announce its slippage and execution percentages for the months of July, August and September, 2015.

 
FxPro's Q3 slippage statistics are the following:
 
Positive = 43.4%
At Quote = 39.6%
Negative = 17.0%
 
Re-quote percentages for the same period are as follows:
 
Re-quotes = 4.5%
Positive = 2.8%
Negative = 1.7%
 
FxPro CEO, Charalambos Psimolophitis, commented:
 
"Our execution statistics are very encouraging. Though there was increased market volatility during the third quarter of 2015, we have managed to register these promising figures that reveal slippage symmetry and testify to our advanced execution and order-matching technologies. It remains our aim to continue providing our clients with flawless service and order execution even in the most volatile of market conditions."  
 
About FxPro  
 
FxPro is an award-winning online broker, serving retail and institutional clients in more than 150 countries. FxPro provides access to competitive pricing and deep liquidity with no-dealing-desk intervention via its advanced trading platforms, superior execution technologies and algorithmic tools.
 
FxPro Group Limited is the holding company of FxPro UK Limited and FxPro Financial Services Limited.
 
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) and by the Financial Services Board (authorisation no. 45052). For more information please visit http://www.fxpro.co.uk
 
TAGS: fxpro  execution  slippage 

More news about FxPro

Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
US, UK, Australia CFTC/NFA, FCA, ASIC MT4, Web,
Mirror Trader,
Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA MT4, Web,
ProRealTime,
2Dealer
$1 Review Website
UK, Cyprus FCA, CySec MT4 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5, Web,
cTrader,
SuperTrader,
FxPro Markets
$100 Review Website
Seychelles FinaCom MT4 $10 Review Website
UK, Bulgaria FCA, FSC Web $150 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySEC MT4, MT5 $300 Review Website

More Forex Brokers News

Morgan Stanley raises its stake in Plus500

Jan 16 2017 15:31:23

Morgan Stanley, the US multinational financial company who is among the major stakeholders in the London Stock Exchange (LSE)-traded forex broker Plus500 (LON:PLUS) has raised its stake in the company to pass the 6% threshold. Read more

IG urges its clients to take a stand with regards to FCA’s proposals

Jan 13 2017 08:36:04

Major brokerage IG Group (LON:IGG) encourages its clients to share their opinions about the recent proposal from the Financial Conduct Authority (FCA) to raise margin requirements for CFDs and spread betting, among other things. Read more

FXCM sees December, Q4 2016, annual trading volumes fall

Jan 12 2017 14:31:39

FXCM, the leading US forex brokerage saw a double-digit decline in its December retail and institutional trading volumes both on a monthly and annual basis, show the officially released company metrics. Read more

IG Group renames binary options to “Digital 100s”

Jan 12 2017 10:44:34

 IG Group, one of Europe's largest forex, CFD and spread betting (UK only) brokers has rebranded its binary options products and now calls them “Digital 100s”. Read more

It's official: Banc De Binary renounces Cyprus license

Jan 11 2017 12:43:49

 Banc De Binary, the largest and oldest regulated binary options broker has renounced its Cyprus license, several days after the first reports that it is planning to shutter its business and has stopped taking clients from the EU. Read more

Forex.com’s trading volumes drop by double digits in December

Jan 10 2017 15:17:56

According to the monthly metrics, provided on Gain Capital’s website, the over-the-counter (OTC) trading volume of its retail brand Forex.com dropped to $189.1 billion. The figure represents a decrease of 26.4% from previous month, and a drop by 33. Read more

Grand Capital releases mobile app for iPhone

Jan 10 2017 08:17:00

Forex and binary options broker Grand Capital always strives to improve existing products and services. As the number of traders who prefer to trade on the go through their mobile phones increases every year, previous week the broker released a mobile app for iPhone, called Grand Capital Invest. Read more

Banc De Binary shuts down, new EU clients are no longer accepted

Jan 09 2017 15:35:49

Update: on January 11, the Cyprus Securities and Exchange Commission officially announced that Banc de Binary renounced its authorization to operate as a Cyprus Investment Firm.   One of the leaders in the binary options trading market, Banc de Binary, closes operations. Read more

Blackwell Global acquires double licenses with Hong Kong’s SFC

Jan 06 2017 09:30:05

Pure STP brokerage Blackwell Global has acquired a double license from Hong Kong’s Security and Futures Commission (SFC) and is now allowed to offer both securities and futures trading services. Read more

FXCM's November retail client deposits fall YoY

Jan 05 2017 09:29:51

The deposits of FXCM's retail clients in November 2016 amounted to $178,375,472, shows the latest CFTC data from US retail forex brokers. This is 1.6% more than in October 2016, but 5.3% lower than November 2015. Read more