Trade Pro Futures Review 2023 | Should You Start Trading? Expert Verdict

Trade Pro Futures Review 2023


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#34 in our

Trade Pro Futures isin our broker rankings

Flag Traders in United States welcome

Traders in United States welcome

Trade Pro Futures offers trading across futures & forex assets on multiple platforms.

InstrumentsForex, futures

Demo Account

Yes

Min. Deposit$2,500

Payment Methods

  • Cheque
  • Wire Transfer

Min. Trade0.01 lots

Regulated ByNFA

MetaTrader 4

Yes

MetaTrader 5

No

cTrader

No

OmniTrader

No

AlgoTrader

No

TradingView

No

Trading Central

No

Autochartist

No

eSignal

No

STP Account

No

ECN Account

No

DMA Account

No

MAM Account

No

PAMM Account

No

LAMM Account

No

Demat Account

No

Mobile Apps

Yes

Margin Trading

No

Volatility Index

No

Spot Trading

No

Perpetual Swaps

No

ELWs

No

REITs

No

AI / Machine Learning

No

Robo Advisor

No

P2P Trading

No

Negative Balance Protection

No

VPS Hosting

No

Tournaments

No

Demo Competitions

No

Managed Accounts

No

Market Maker

No

Auto Trading

Yes

Social Trading

No

Copy Trading

No

Trade Signals

Yes

Islamic Account

No

Guaranteed Stop Loss

No

Commodities

  • Gold
  • Silver

Forex TradingTrade leveraged futures on leading currencies.

Forex GBPUSD SpreadFloating

Forex EURUSD SpreadFloating

Forex EURGBP SpreadFloating

Forex Assets25+

Risk Warning – Your capital is at risk

Trade Pro Futures is an online broker specialising in futures and forex on several platforms. Our review covers how to start investing with Trade Pro Futures including deposits and withdrawals, signals for automated trading, plus account registration and login.

Trade Pro Futures Details

Established in 2006, Trade Pro Futures offers global trading services from its head office in Austin, USA. The company is licensed and regulated by the National Futures Association (NFA) and provides access to several exchange markets including CME, CBOT, and EUREX.

Trading Platforms

The broker offers multiple trading platforms to meet the needs of all individuals; whether trading forex, futures, or both. Platforms are available to download from the broker’s website to desktop devices.

Note some investment software incurs a monthly fee.

Forex

Trade Pro FX

  • Multiple languages
  • 40+ technical analysis tools
  • Supports several order types
  • Real-time account information and news
  • Fully customisable user interface and adaptable charts

MetaTrader 4

  • Strategy panel testing
  • Customisable interface
  • Order execution panel
  • Advanced tools and indicators
  • Expert Advisors for automated trading

TradePro Futures MetaTrader 4 platform

Forex & Futures

Multicharts

  • One-click trading
  • Automated execution
  • High definition charting
  • Support for 20+ data feeds
  • 300+ built-in indicators and strategies

MultiCharts platform

Sierra Charts

  • Advanced visualisation
  • Single-click order execution
  • Supports multiple data feeds
  • Integration with advanced order types

Futures

Trade Pro Trinity

The broker’s established software, benefits include:

  • Direct market access
  • Auto execution model (AutoX)
  • Trade directly from 10+ charts with 30+ built-in indicators
  • Depth of market tool for complex strategies including OCO and trailing stops

Other useful trading tools and solutions include:

  • R-Trader – Appropriate for swing and low latency futures and options trading
  • CQG – For high performance traders with a focus on execution without the need for analysis tools
  • Active Trader – Suitable for high volume traders offering reliability, fast execution and simplicity
  • Quantower – A modern trading tool with charting and analytical functionality via a professional interface
  • Overcharts – Designed by traders, the platform offers multiple data feeds for analysis on a simple, intuitive platform
  • X Trader – Trade multiple markets from 1 customisable interface with speed, stability, accuracy, and single-click order execution
  • CTS-T4 – Offers full functionality and customisation features. Real-time quotes, one-click trading, economic indicator feeds, and a built-in charting package

For full software details, visit the broker’s website.

Trade Pro Futures Products

Trade Pro Futures offers clients trading opportunities in:

  • Forex – major, minor and exotic currency pairs
  • Futures – including currencies, indices, energies, metals, meats and grains

Spreads & Commission

Trade Pro Futures charges no commissions or exchange fees. Instead the broker offers floating spreads which average around 1.4 pips on the EUR/USD. While not ultra-tight, the company’s spreads are around the industry norm. The brokerage also charges additional fees for some of its trading platforms, depending on your account. See the broker’s website for more details.

Leverage

Leverage up to 1:100 is available at Trade Pro FX. The highest leverage rates are available on major currencies while leverage up to 1:25 can be accessed on all other products. These are reasonable leverage ratios and strike a good balance between providing traders with additional cash and capping risk exposure.

Mobile Apps

MetaTrader 4 (MT4) is available as a mobile trading tool, compatible with iOS and Android devices. The app supports account management and price analysis from a mobile or tablet device. The application is popular across the forex industry and offers many of the pending order types and risk management tools found on the desktop terminal.

Trade Pro Futures MetaTrader 4 mobile app

Deposits & Withdrawals

Minimum deposit requirements are dependent on the asset class; forex accounts require a $2,500 deposit and futures accounts need a $5,000 payment. The broker accepts multiple currencies including GBP, EUR, USD, and JPY:

  • Wire bank transfers – Same day transactions in some currencies
  • Cheques – Non-US banks not accepted and subject to 5 days hold to clear

Demo Account

The broker offers demo accounts, with simple sign-up requirements. Given the long list of trading platforms and tools, a practice account is a great way to find a trading terminal that works for you. Head to Trade Pro Futures website to open a demo account and upgrade to real-money trading when you feel ready.

Trade Pro Futures Bonuses

At the time of writing, Trade Pro Futures does not offer any promotions to new or existing clients, including no deposit bonuses.

Regulation Review

Trade Futures Pro is regulated by the National Futures Association (NFA), a license required by all futures commission merchants. The NFA is a legitimate organisation for the US derivatives industry designated by the Commodity Futures Trading Commission (CFTC) to ensure members meet regulatory trading standards.

Additional Features

The broker’s website offers educational tools via training videos and online resources. Trade Pro Futures also provides an easy to use download centre with platform set-up links and how-to guides. Overall, the company scores well compared to competitors when it comes to additional trading tools.

Trading Accounts

The broker offers account types by client residency and asset class. All Trade Pro Futures account types have the same minimum deposit requirements of $2,500 for forex trading and $5,000 for futures trading. Accounts are split into:

  • Futures Account
  • Forex Account – US residents
  • Forex Account – Non-US residents
  • Forex Account – Canadian residents

To open a trading account, individuals must complete an online registration form, which differs depending on the chosen trading platform. Identity documentation and proof of residence must also be provided before you can start trading.

Benefits

  • Demo account
  • Regulated by NFA
  • Range of trading platform options

Drawbacks

  • Limited asset classes
  • Withdrawal fees unclear
  • Limited payment solutions
  • High minimum deposit requirements

Trading Hours

Trading Pro Futures follows standard office hours and offers 24-hour trading Monday to Friday, though timings may vary by instrument. Note, the broker also offers an hour of pre-market trading on a Sunday.

Visit the broker’s website for full trading hour details by instrument.

Customer Support

The broker offers a range of customer support options:

  • Fax – (512) 682-9116
  • Email[email protected]
  • Live chat engine – broker’s website
  • Address – 11610 Bee Caves Rd, Suite 210, Austin, TX 78738
  • Telephone – main (866) 938-4990, trade desk (512) 366-3299 (7:30 am – 4:30 pm CST)

Security

Customer portal access is password protected and account registration follows strict privacy policy guidelines. The MT4 platform assures high-tech encryptions and secure logins, however the safety of funds and data with other enabled trading platforms is less clear.

Trade Pro Futures Verdict

Trade Pro Futures provides an opportunity to trade on established and bespoke platforms. Minimum deposit requirements are high compared to other brokers; something to consider before you start trading. But for US and Canadian traders, in particular, it’s good to see an online brokerage regulated by the NFA.

Accepted Countries

Trade Pro Futures accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Compare Trade Pro Futures

Compare Trade Pro Futures with similar brokers that accept traders from your location. Among available brokers these are the most similar to Trade Pro Futures:

  1. IG Group – IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.
    Go to IG Group
  2. Just2Trade – Just2Trade offer high-tech trading on stocks and options with some of the lowest prices in the industry.
    Go to Just2Trade
  3. Forex.com – Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.
    Go to Forex.com

Trade Pro Futures Comparison Table

Compare Trade Pro Futures With Similar Brokers

Trade Pro Futures
IG Group
Just2Trade
Forex.com

Rating

4.4
3.5
4.5

Markets
Forex, futures
Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting
Stocks, ADRs, ETFs, futures, options, commodities, bonds
Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options

Demo Account
Yes
Yes
Yes
Yes

Minimum Deposit
$2,500
£250
$100
$100

Minimum Trade
0.01 lots
0.1 lots
0.01
$1

Regulators
NFA
FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin
CySEC, NFA, FINRA, Bank of Russia
CySEC, IIROC, NFA, CFTC, FCA, CIMA

Bonus


Up to $2,000 for professional accounts
No

Education
No
Yes
No
Yes

Platforms
MT4
MT4, AutoChartist, TradingCentral
MT4, MT5, TradingCentral
MT4, MT5, TradingView, AutoChartist, TradingCentral

Leverage

1:30
1:5 to 1:20
1:200

Payment Methods
2
6
20
8

Visit
Visit
Visit
Visit
Visit

Review
Trade Pro Futures
Review
IG Group
Review
Just2Trade
Review
Forex.com
Review

Compare Trading Instruments

Compare the markets and instruments offered by Trade Pro Futures and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Trade Pro Futures Trading Instruments

Trade Pro Futures
IG Group
Just2Trade
Forex.com

CFD
No
Yes
Yes
Yes

Forex
Yes
Yes
Yes
Yes

Stocks
Yes
Yes
Yes
Yes

Commodities
Yes
Yes
Yes
Yes

Oil
No
Yes
Yes
Yes

Gold
Yes
Yes
Yes
Yes

Copper
No
Yes
No
No

Silver
Yes
Yes
Yes
Yes

Corn
No
No
No
No

Crypto
No
Yes
Yes
Yes

Futures
Yes
Yes
Yes
Yes

Options
No
Yes
Yes
Yes

ETFs
No
Yes
Yes
No

Bonds
No
Yes
Yes
No

Warrants
No
Yes
No
No

Spreadbetting
No
Yes
No
No

Volatility Index
No
Yes
No
No

Trade Pro Futures vs Other Brokers

Compare Trade Pro Futures with any other broker by selecting the other broker below.

Trade Pro Futures vs

FAQ

Does Trade Pro Futures offer a demo account?

Yes, Trade Pro Futures offers demo accounts on trading platforms for users to test strategies risk-free. Head to the broker’s website and follow the registration instructions.

How many indicators are offered by Trade Pro Futures?

Trade Pro Futures trading platforms offer a vast array of indicators. Multicharts, for example, provides 300+ built-in indicators.

What are the minimum deposit requirements for a Trade Pro Futures account?

The minimum deposit to open a forex trading account with Trade Pro Futures is $2,500 while to open a futures investing account you’ll need $5,000.

What currencies does Trade Pro Futures accept?

Trade Pro Futures accepts deposits in GBP, EUR, USD, JPY, AUD and NZD.

Is Trade Pro Futures regulated?

Yes, Trade Pro Futures is authorised under the National Futures Association (NFA) designated by the Commodity Futures Trading Commission (CFTC).

Trade Pro Futures Logo
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Trade Pro Futures offers trading across futures & forex assets on multiple platforms.

Trade Pro Futures offers trading across futures & forex assets on multiple platforms.