Retail FX broker FxPro maintains its commitment to transparency, today announcing its execution and slippage statistics for Q2 2015.
The publication of the following trading metrics constitutes part of FxPro’s ongoing effort to be forthcoming about its operations and standards of service, in a bid to encourage fair trading practices throughout the FX industry.
FxPro’s slippage statistics for the months of April, May and June, 2015:
Positive = 44.9%
At Quote = 34.4%
Negative = 20.7%
FxPro operates as a Hybrid Agency Model broker, enabling clients to access top-tier liquidity and benefit from its No Dealing Desk intervention policy and Negative Balance Protection guarantee. A trusted broker known for providing clients with innovative solutions and ongoing support, FxPro also owes its reputation for being a most reliable firm to the superior order-matching and execution technologies it offers.
Together with its slippage statistics, FxPro is announcing its quarterly re-quote percentages:
Re-quotes = 5.3%
Positive = 2.4%
Negative = 2.9%
FxPro CEO, Charalambos Psimolophitis, comments:“Our decision to publish our slippage statistics and re-quote percentages has been very well received by FX industry participants. It is our aim to provide the industry with meaningful and transparent information that can be used to assess the credibility and the trustworthiness of FxPro.”
“This notion of transparency is misused by many companies that, in an effort to impress industry participants, publish numbers that are divorced from reality. This is evident by comparing the Pillar III disclosures of many companies to the volumes and other key metrics that they regularly publicize” concluded Mr. Psimolophitis.