Trade Pro Futures broker is registered in the US under the name TradePro Futures Inc. The company was founded in 2006 and mainly offers futures trading. But also, there’s Forex trading available as well.
However, many experienced traders would be looking for additional options. To find out why, read our Trade Pro Futures review carefully.
| Regulated by: | CFTC, NFA |
| Is This Company Safe? | Yes |
| Known Websites: | Tradeprofutures.com |
| Have Warnings from: | N/A |
| Registered in: | US |
| Operating since: | 2006 |
| Trading Platforms: | MT4 + many more |
| Maximum Leverage: | 1:100 |
| Minimum Deposit: | $2.500 |
| Deposit Bonus: | Not available |
| Trading Assets: | Forex, Futures |
| Free Demo Account: | Available |
| How to Withdraw from This Company? | Considering their Top Tier regulation you shouldn’t have issues withdrawing your money. But if you do for any reason you can contact our expert team for advice on the next step. |
Legal info: Is Trade Pro Futures legit?
With US-based brokers, there’s no joking. It’s very easy to determine if the company is legit or not. In this case, we are checking CFTC and NFA registers for proof of regulation. Indeed, Trade Pro Futures is a licensed broker. Yet, only for futures trading, while their T&Cs contain a disclaimer for missing cash Forex license.
Also, we checked the licenses of FCA, BaFin and ASIC, considering their activities in UK and Australia. Yet, this broker is not licensed by any of these.
Who are Trade Pro Futures’ clients?
Surprisingly for a company existing since 2006, there are no user-experience reviews. In any case, the company operates worldwide. In fact, analytics say that most of their website visitors are coming from:
- United States
- United Kingdom
- India
- Australia
Yet, without transparent reviews, it’s hard to determine if there’s anything wrong with this company. But that doesn’t stop you from letting us know about your experience with this broker.
Leverage, Commissions, Spreads, Fees and Taxes
Generally speaking, the company has quite average floating spreads of around 1.4 pips without commission. The leverage for FX pairs goes up to 1:100, while other assets are traded at 1:25. However, other fees are not disclosed.
In any case, this broker is regulated and you shouldn’t have fears. Unlike the ones you can find in our FCTrading review.
Trading Features
One of the key advantages of this broker is its automated trading feature. Most importantly, traders can use a variety of software. Some of those are MT4, MT5, Trade Pro Trinity, Sierra Charts and many more. It’s important to notice that some of the software are not free.
Available Trading Assets
Surprisingly for a regulated broker, there are only a couple of investment options available. On the positive side, that shouldn’t trick you because even some unregulated brokers may offer more, yet without credibility. Just like the broker in our FirewoodFX review.
Anyway, Trade Pro Futures offers:
- Forex trading – USD/GBP, EUR/USD
- Futures trading – metals, soft commodities
Account Types
Trade Pro Futures account types are divided unconventionally. There’s a separation based on the residence country. Therefore you have:
- Forex accounts (US, non-US, Canadian) – $2.500
- Futures accounts – $5.000
Mobile Trading App
One of the primary options for trading is generally Meta Trader 4. It’s very user-friendly and self-intuitive software. For that reason, it’s widely used on iOS and Android mobile devices. All the other software choices might have dedicated apps.
Demo Account
As a great choice for beginners, there’s Trade Pro Futures demo account available. Also, not only on the MT4 platform. Luckily, you can test some of their advanced features, tools and signals before you deposit money. Especially considering their high minimum deposit requirement.
Education
Instead of educational packages, this broker offers a bunch of trading tools. In general, those can assist you heavily in improving your results. However, not understanding the meaning of some could be an issue.
Trade Pro Futures Withdrawal
One of the main disadvantages of Trade Pro Futures broker is their funding methods. Also, there’s no transparent withdrawal policy. In any case, you can deposit money via:
- Wire transfers
- Cheques
Note that withdrawal fees, processing time and policies are missing. For this reason, experienced traders might opt for more transparent brokers, but also with regulations.
Customer Support
Working hours of Trade Pro Futures support are 7:30 AM to 4:30 PM (CST). For contact options, you can choose e-mail, phone line, fax or live chat. Yet, without reviews, it’s hard to determine what is the quality of their support.
Key Information To Consider About Trade Pro Futures?
Even though the company is regulated, they don’t offer many tradeable assets. Also, their minimum deposit requirement is considerably high. So, beginners might opt for less costly licensed brokers. One of the key disadvantages is non-transparency about withdrawals. Withdrawal fees, options or processing time is not presented.
Generally speaking, you can have more transparent conditions with other FCA or CFTC-regulated brokers. We encourage you to share your experience with this broker here and help other traders know more about it. Ultimately, our expert team can advise you if you found any irregularities throughout your journey. Send us a message and book your consultation already today!
FAQ Section
What Is Trade Pro Futures?
Trade Pro Futures is the US broker offering FX and Futures trading services since 2006.
Is Trade Pro Futures Legitimate?
Trade Pro Futures is regulated by CFTC and it’s a member of the NFA. Therefore, it is considered a legitimate broker despite a few missing details.
What Are Trade Pro Futures’ Trading Platforms?
The company offers a variety of options, but the most known are Meta Trader 4 and Meta Trader 5. But also, there are other options for automated trading.
When Is Trade Pro Futures Founded?
Trade Pro Futures is founded in 2006. Let us know about your experience with them and don’t hesitate to reach our expert team for advice if you had any issues.