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TradingPRO group includes 2 related companies.
TradingPRO SA - located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
TradingPRO MU - located in Mauritius, regulated by the Financial Services Commission (FSC).
TradingPRO group accepts clients from all over the world, excluding USA, Australia, Belgium, France, Japan, Iran, North Korea and some other OFAC sanctioned countries.
Forex broker offers the following underlying assets for trading.
| 45+ Currency Pairs | Based on major and minor world currencies. |
| 6 Crypto Pairs | Based on Bitcoin, Ethereum, Litecoin, Stellar, Ripple, EOS. |
| 10 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 2 Metal CFDs | Based on Gold and Silver. |
| 3 Energy CFDs | Based on Crude Oil (WTI, Brent) and Natural Gas. |
TradingPRO, formerly known as XSocio Markets, is a forex and CFD broker that has been active since 2016. The broker operates under the umbrella of two entities: TradingPRO SA, which is registered in South Africa and regulated by the Financial Sector Conduct Authority (FSCA), and TradingPRO MU, located in Mauritius and regulated by the Financial Services Commission (FSC). Being authorized in two separate jurisdictions adds to the broker's credibility and gives clients some regulatory protection, especially those trading under the South African FSCA entity.
The broker offers straight-through processing (STP) and ECN order execution, which appeals to retail traders looking for tight spreads and fast execution on their trades. With leverage of up to 1:2,000 available, TradingPRO is among the most flexible brokers we have seen in terms of leverage requirements. However, traders should be cautious with such high leverage due to the significant risk of large losses that comes with it.
TradingPRO accepts clients from most parts of the world, with a few notable exceptions such as the USA, Australia, Japan, Iran, and North Korea, as well as EU members Belgium and France (in addition to other countries on the OFAC sanctions list).
One of TradingPRO's key features is its access to Trading Central, a widely respected source of market analysis, research, and trade ideas. In addition, all clients can benefit from TradeHub, the broker's own dedicated portal for things like sentiment tools and market analytics.
In terms of account funding, it's worth noting that the broker supports the cryptocurrencies Bitcoin (BTC) and Tether (USDT), which adds flexibility for those with limited banking options. In addition, more traditional payment methods such as Visa, MasterCard, FasaPay, as well as the Filipino service Dragonpay and Thailand's PromptPay, are also supported. Processing times and fees may vary by payment method, but overall, the broker provides a solid range of funding options suitable for most users.
When it comes to instruments, TradingPRO offers a moderate selection. This includes 45+ forex pairs, covering all major and many minor currencies, 6 cryptocurrencies including Bitcoin (BTCUSD), Ethereum (ETHUSD), Litecoin (LTCUSD), Stellar (XLMUSD), XRP (XRPUSD), and EOS (EOSUSD), 10 index CFDs based on global equity market indices, precious metals (gold and silver), and the most traded energy commodities. While this asset range is not as extensive as some larger brokers, it still covers most of the popular markets that retail traders focus on, and should therefore suit most traders' needs.
Trading accounts at TradingPRO can be opened with as little as $1, making it accessible to beginner traders. The account types include a commission-free Micro account with spreads from 1.6 pips, a commission-based Rookio account with spreads from 0 pips, a Pro account with no commissions and spreads from 1.6 pips, and a ScalpX account with commissions and spreads from 0 pips. All trading accounts with TradingPRO are denominated in USD.
Like many other brokers, TradingPRO supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) on desktop, web and mobile, ensuring compatibility with virtually all trading strategies and automated systems through so-called Expert Advisors (EAs).
In summary, we see TradingPRO as a reliable and competitively priced broker with flexible account conditions, strong platform support, and useful trading tools. While its range of assets is modest compared to some competitors, the broker's regulatory status in South Africa, low minimum deposit, and high max leverage could still make it an interesting option to consider for forex and CFD traders.
