Trade Pro Futures DetailsTrading PlatformsTrade Pro Futures ProductsSpreads & CommissionLeverageMobile AppsDeposits & WithdrawalsDemo AccountTrade Pro Futures BonusesRegulation ReviewAdditional FeaturesTrading AccountsBenefitsDrawbacksTrading HoursCustomer SupportSecurityTrade Pro Futures VerdictAccepted CountriesAlternatives to Trade Pro FuturesFAQ
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
Trade Pro 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 – info@tradeprofutures.com
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.
Alternatives to Trade Pro Futures
If you are looking for alternatives to Trade Pro Futures we have compiled a list of the top 5 brokers that are similar to Trade Pro Futures below. This list of brokers like Trade Pro Futures is in order of similarity and only includes companies that accept traders from your location.
Infinox – Infinox is a UK-based broker offering MT4 trading with tight spreads.
IronFX – IronFX offers online trading in forex, stocks, futures and commodities
TP Global FX – TP Global FX offers a long list of popular financial assets with spreads from 0.1 pips. With a focus on innovation and transparency, they are a growing brand.
SimpleFX – SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees.
Global Prime – Global Prime is a multi-regulated trading broker offering 100+ markets.
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).