A CONSISTENT TRADING PLATFORM

BPForex ProTrader is a consistent forex platform. A consistent platform is a platform on which the prices which make up the charts are identical to the prices on which you can trade. This sounds obvious but in the case of forex it isn't . Most forex platforms are not consistent. Brokers provides charts based on a generic feed such as Reuters and provide their own prices for trading. This is unworkable for traders who use charts and TA as their decision making tools since the charts do not match the prices on which you can trade. With BPForex ProTrader you have no such problems. Spot an opportunity in your chart and you can trade at that price.

Another significant advantage : BPForex ProTrader, including the news service and real-time prices on 120+ forex pairs is … 100% FREE.

Due to privileged relationship with 15 of the world’s leading foreign exchange banks (UBS, ABN Amro, Citibank, Deutsche Bank, Barclay’s and much more) our partner can continuously quote prices with extremely tight spreads on more than 120 forex pairs.

ORDER TYPES

Market order – An order to buy or sell a specific CFD that will be filled immediately at the next quoted price. This is the most common of all order types. Be careful, as you may not receive the most advantageous price in a fast–moving market.

Limit order – Specifies that a trade must be executed at a specific price. Limit orders are placed to enter the market or to protect profits. Because limit orders are not executed unless they reach the specified price, they may or may not be executed.

Stop order – An order used to close out an open position, reverse a position, or open a new position at a specified price. They are typically placed to limit losses, closing a position if a price drops or rises beyond the specified point.

Trailing stop order – A type of stop loss order that is set to follow price movements by specifying the distance that you would like your stop to move, depending on the market direction and type of stop order placed.

Order cancels order (OCO) – After entry into the market, a limit for profit order and a protective stop–loss order can be placed. When either the limit or the stop order is executed, it will automatically cancel the other order. This allows traders to automatically execute specific trading strategies to limit losses and protect profits without having to constantly watch the market.

Parent and contingent order – Two separate orders that are linked by an if/then condition. The contingent order will not be subject to a fill until the parent is filled. This allows traders to set up the entire trade while they are away from their trading desk, including entry, exit and risk management, based on specific market prices.

Guaranteed stop loss order - Guarantees that you will obtain your stop loss at the triggered value. There is an additional charge for this order, and there are minimum distances that orders must be placed away from the current price.NO DEALING DESK!

Our partner has opted not to be a market maker. This is to our clients' advantage. Clients are not obliged to trade at prices put out by our partner but benefit from the best forex prices put out by these 15 banks.

Because we combine the forex prices of 15 banks our spreads are extremely tight all day, every day, irrespective of market conditions. The spreads are usually tighter than those of other forex brokers and … they stay tight, even in volatile markets.

Example

Clients can trade continuously from Sunday evening 23.00 hours to Friday evening 23.00 hours. During these hours, with the exception of moments when important numbers are released, we guarantee no-slippage stop order execution.

TRADE INBETWEEN THE SPREADS!

In addition we offer the possibility to trade at forex prices even better than those shown by BPforex ProTrader. Via the unique ITX (Inter Trader Exchange) clients can put out orders at prices between the spread or execute against orders put out by other clients!

SECURITY

High security level : Oracle 10g AES (Advanced Encryption Standard), Triple DES (112- and 168-bits), Solaris 9, Cisco PIX, SSL encryption.

BPForex is a Introducing Broker to WHSelfinvest.