FxPro reports 13% increase in ADV during February


Retail FX firm FxPro has today announced its trading metrics for February 2015, which depict a significant uplift in trading volumes over the previous month, itself a healthy period of higher volumes which were up 16% compared to December 2014.

Average No. Lots Traded Daily

Increase 106% YoY
Increase 11% MoM

Average No. Trades Daily

Increase 104% YoY
Increase 12% MoM

Average Daily Volume

Increase 87% YoY
Increase 13% MoM

The company also produced its slippage statistics for the month of February which are as follows:

Positive = 53.8%

At Quote = 29.8%

Negative = 16.4%

FxPro considers this to be an important statistic for retail clients as it shows what proportion of trades were executed either in their favour or against them. The recent increase in volatility has made slippage all the more important so the greater transparency in respect to these statistics, the better informed a client can be about how fairly they are being treated by their broker. Spot FX is an OTC (Over the Counter) product as opposed to being traded on exchange, therefore clients can experience trades being executed at a different price to the one displayed at the time, which is referred to as slippage.

“At FxPro we understand the importance of putting the customer first, which is why we want to be at the forefront of promoting fairness and transparency. Through our automated No Dealing Desk trading environment, backed by a Negative Balance Protection policy, we are proud to be a trusted broker for many clients globally. We encourage all of our peers to do the same” stated Charalambos Psimolophitis, CEO of FxPro.

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FxPro reports 13% increase in ADV during February

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