FxPro Review
FxPro is a reliable broker known for its competitive spreads on Contracts for Difference (CFDs). With over 2,100 trading instruments available, it boasts a trust score of 94 out of 100. Additionally, FxPro is fully regulated by a tier-1 authority, reflecting the highest level of trust in the industry.
🛡️Regulated and trusted by CySEC, FCA, FSCA, and, SCB
🛡️2608 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.
| 🔎 Broker | 🥇 FxPro |
| 📌 Year Founded | 2006 |
| 👤 Amount of Staff | 200+ |
| 👥 Active Traders | 1.8+ million |
| 📍 Publicly Traded | None |
| 🛡️ Regulation | FCA (UK), CySEC (Cyprus), FSCA (South Africa), SCB (Bahamas) |
| 🌎 Country of Regulation | United Kingdom, Cyprus, South Africa, Bahamas |
| 🔐 Safety and Security | High |
| ↪️ Account Segregation | ✅Yes |
| ⭐ Negative Balance Protection | ✅Yes |
| 📑 Investor Protection Schemes | FSCS (UK), ICF (Cyprus) |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | USD, EUR, GBP, AUD, CHF, JPY, ZAR |
| 💶 Minimum Deposit | $100 |
| 💵 Fund Withdrawal Fee | None |
| ⚙️ Spreads From | 0.0 pips |
| 💷 Commissions | None |
| 7️⃣ Base Currencies Supported | 7 |
| 💰 Swap Fees | ✅Yes |
| 📈 Leverage | Up to 1:500 |
| 📉 Margin Requirements | Varies by instrument |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⌛ Order Execution Time | Typically under 11.06 ms |
| 🖱️ VPS Hosting | ✅Yes |
| 📈 CFDs Total | 430+ |
| 📊 CFD Stock Indices | 20+ |
| 🍎 CFD Commodities | 20+ |
| 📉 CFD Shares | 150+ |
| 🅰️ Deposit Options | Bank transfer, Credit/Debit, PayPal, Neteller, Skrill |
| 🅱️ Withdrawal Options | Bank transfer, Credit/Debit, PayPal, Neteller, Skrill |
| 🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, FxPro Mobile |
| 🖥️ OS Compatibility | Windows, macOS, iOS, Android |
| 📐 Forex Trading Tools | Economic calendar, Forex calculators, Trading Central, Autochartist |
| 🩷 Customer Support | Multiple Options |
| 🥰 Live Chat Availability | ✅Yes |
| 💌 Support Email Address | musupport@fxpro.com |
| ☎️ Support Contact Number | Callback Request |
| 💙 Social Media Platforms | Facebook, Twitter, LinkedIn, Instagram, YouTube |
| ⏩ Educational Resources | Articles, videos, tutorials, guides, blogs |
| ✏️ Languages Supported | 30+ |
| 📔 Forex Course | ✅Yes |
| 📚 Webinars | ✅Yes |
| 📑 Affiliate Program | ✅Yes |
| 🗃️ IB Program | ✅Yes |
| 🗄️ Sponsors Notable Events or Teams | ✅Yes |
| 📇 Rebate Program | ✅Yes |
| 📐 Cent or Micro Accounts | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
FxPro Review – Analysis of Brokers’ Main Features
Overview
FxPro is a well-established global online broker, founded in 1999, offering a wide range of financial services and trading solutions. The company has grown exponentially and now serves clients in over 170 countries.
FxPro provides Contracts for Difference (CFDs) across six asset classes: Forex, Shares, Spot Indices, Futures, Spot Metals, and Spot Energy, with top-tier liquidity and ultra-fast trade execution. Their services are regulated in multiple jurisdictions, including the FCA in the UK, ensuring a secure and reliable environment for both retail and institutional traders.
FxPro’s commitment to transparency and safety includes segregating client funds in major international banks. With over $120 million in capital and 500+ employees, FxPro has received more than 121 international awards for its exceptional service and innovation.
The broker prides itself on its client-first approach, offering multilingual customer support and a wide range of sponsorships across sports teams and events.
Frequently Asked Questions
What is FxPro?
FxPro is a global online trading broker offering CFDs across various asset classes like Forex, Shares, and Indices. It provides access to top-tier liquidity and fast, precise execution.
Is FxPro regulated?
Yes, FxPro is regulated by trusted authorities such as the Financial Conduct Authority (FCA), the Financial Sector Conduct Authority (FSCA), and the Securities Commission of the Bahamas (SCB).
What trading platforms does FxPro offer?
FxPro provides four trading platforms: MetaTrader 4, MetaTrader 5, cTrader, and FxPro WebTrader.
What types of accounts can I open with FxPro?
FxPro offers multiple account types, including demo accounts, retail trading accounts, and institutional accounts.
Our Verdict
With a wide range of instruments, low latency execution, and multiple trading platforms, FxPro caters well to both retail and institutional traders. The transparent approach to client fund management and its array of sponsorships demonstrate its reputation for professionalism and commitment to growth.
Detailed Summary
| 🔎 Broker | 🥇 FxPro |
| 📌 Year Founded | 2006 |
| 👤 Amount of Staff | 200+ |
| 👥 Active Traders | 1.8+ million |
| 📍 Publicly Traded | None |
| 🛡️ Regulation | FCA (UK), CySEC (Cyprus), FSCA (South Africa), SCB (Bahamas) |
| 🌎 Country of Regulation | United Kingdom, Cyprus, South Africa, Bahamas |
| 🔐 Safety and Security | High |
| ↪️ Account Segregation | ✅Yes |
| ⭐ Negative Balance Protection | ✅Yes |
| 📑 Investor Protection Schemes | FSCS (UK), ICF (Cyprus) |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | USD, EUR, GBP, AUD, CHF, JPY, ZAR |
| 💶 Minimum Deposit | $100 |
| 💵 Fund Withdrawal Fee | None |
| ⚙️ Spreads From | 0.0 pips |
| 💷 Commissions | None |
| 7️⃣ Base Currencies Supported | 7 |
| 💰 Swap Fees | ✅Yes |
| 📈 Leverage | Up to 1:500 |
| 📉 Margin Requirements | Varies by instrument |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⌛ Order Execution Time | Typically under 11.06 ms |
| 🖱️ VPS Hosting | ✅Yes |
| 📈 CFDs Total | 430+ |
| 📊 CFD Stock Indices | 20+ |
| 🍎 CFD Commodities | 20+ |
| 📉 CFD Shares | 150+ |
| 🅰️ Deposit Options | Bank transfer, Credit/Debit, PayPal, Neteller, Skrill |
| 🅱️ Withdrawal Options | Bank transfer, Credit/Debit, PayPal, Neteller, Skrill |
| 🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, FxPro Mobile |
| 🖥️ OS Compatibility | Windows, macOS, iOS, Android |
| 📐 Forex Trading Tools | Economic calendar, Forex calculators, Trading Central, Autochartist |
| 🩷 Customer Support | Multiple Options |
| 🥰 Live Chat Availability | ✅Yes |
| 💌 Support Email Address | musupport@fxpro.com |
| ☎️ Support Contact Number | Callback Request |
| 💙 Social Media Platforms | Facebook, Twitter, LinkedIn, Instagram, YouTube |
| ⏩ Educational Resources | Articles, videos, tutorials, guides, blogs |
| ✏️ Languages Supported | 30+ |
| 📔 Forex Course | ✅Yes |
| 📚 Webinars | ✅Yes |
| 📑 Affiliate Program | ✅Yes |
| 🗃️ IB Program | ✅Yes |
| 🗄️ Sponsors Notable Events or Teams | ✅Yes |
| 📇 Rebate Program | ✅Yes |
| 📐 Cent or Micro Accounts | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Frequently Asked Questions
Is FxPro safe for traders?
Yes, FxPro follows high standards of safety, with client funds held in major international banks and fully segregated from the company’s funds.
What customer support does FxPro offer?
FxPro provides multilingual customer support 24/5, ensuring prompt assistance with any inquiries.
Where is FxPro headquartered?
FxPro’s headquarters is located in London, United Kingdom, with additional offices around the world.
How many financial instruments does FxPro offer?
FxPro offers over 2,100 financial instruments, including Forex pairs, shares, indices, metals, and energy products.
Our Verdict
FxPro’s long-standing presence in the industry, along with its adherence to strict regulatory standards, makes it a reliable choice for traders seeking a trusted broker. Its commitment to client security, award-winning execution, and fast trade processing positions FxPro as a top-tier player in the trading world.
Safety and Security
FxPro places a high priority on the safety and security of its clients’ funds and personal data. The broker adheres to the strictest regulatory standards and ensures full segregation of client funds from the company’s operational capital. FxPro’s client funds are held in major international banks, offering an additional layer of protection.
With its transparent practices and regulatory oversight, including authorization from top-tier regulators like the FCA, FxPro ensures a secure trading environment for its global client base.
Frequently Asked Questions
Is my money safe with FxPro?
Yes, FxPro takes security seriously. Client funds are kept in segregated accounts with reputable international banks, ensuring your money is separate from the company’s funds.
Is FxPro regulated?
Yes, FxPro is regulated by multiple top-tier authorities, including the Financial Conduct Authority (FCA), the Financial Sector Conduct Authority (FSCA), and the Securities Commission of the Bahamas (SCB).
Does FxPro use encryption to protect my data?
Yes, FxPro employs advanced encryption technology to protect your personal and financial data, ensuring it remains secure from unauthorized access.
Are there any additional security measures at FxPro?
FxPro implements strict security protocols, including two-factor authentication (2FA) for account login, to provide an added layer of protection against unauthorized access.
Our Verdict
FxPro’s robust safety measures, including fund segregation, top-tier regulation, and advanced data encryption, make it a highly secure broker for traders. The combination of these practices ensures that clients’ investments are well-protected, reinforcing FxPro’s reputation as a trustworthy and secure trading platform.
Minimum Deposit
The Minimum deposit required to register a FxPro Account depends on the account type chosen. The Account types and Minimum deposit required are as follows:
- Standard (MT4/MT5) – 100 USD
- Raw+ (MT4/MT5) – 500 USD
- cTrader – 100 USD
The FxPro Elite Account requires a much higher deposit of 30’000 USD.
Frequently Asked Questions
What is the minimum deposit for a Standard account at FxPro?
The minimum deposit required to open a Standard account (MT4/MT5) is $100.
How much do I need to deposit for a Raw+ account?
To register a Raw+ account (MT4/MT5), the minimum deposit is $500.
Is the minimum deposit the same for the cTrader account?
Yes, the minimum deposit for the cTrader account is also $100.
What is the minimum deposit for the Elite account?
The Elite account requires a significantly higher minimum deposit of $30,000.
Our Verdict
FxPro offers a variety of account types with different minimum deposit requirements, making it accessible for traders of all levels. This diverse range ensures that traders can select an account that best fits their needs and investment strategies.
Account Types
FxPro offers a variety of account types tailored to meet different trading needs and strategies.
Standard Account
This is an entry-level account suitable for beginners, providing ultra-fast execution and low floating spreads. The minimum deposit is $100, with all-inclusive spreads starting at 1.2 pips for major currency pairs.
Traders can access a wide range of CFD instruments, including Forex, metals, indices, and cryptocurrencies, using popular platforms like MetaTrader 4, MetaTrader 5, and the FxPro Mobile app. Position management options include hedging on MT4 and either netting or hedging on MT5.
Raw+ Account
Designed for more experienced traders, the Raw+ account features razor-sharp spreads starting from 0 pips, with a minimum deposit of $500. This account incurs a commission of $3.5 per side for major forex pairs.
Like the Standard account, it offers access to a variety of CFD instruments on the same robust trading platforms. Position management options remain the same as those in the Standard account.
cTrader Account
This account provides ultra-low spreads and is packed with features for traders who prefer the cTrader platform. The minimum deposit is $100, and it offers competitive trading costs with no minimum stop or limit levels.
Traders can enjoy marked-up floating spreads and zero commissions on indices, energy, and cryptocurrencies, making it an appealing choice for those looking for flexibility and efficiency in their trading strategy.
Elite Account
The Elite account at FxPro caters to experienced traders with a minimum deposit of $30,000. It offers all the features of the Raw+ account, including spreads starting from 0 pips and a commission of $3.5 per side for major forex pairs.
Gold trades have spread from 10 cents, while Bitcoin features a spread starting at USD 15. Additionally, traders benefit from rebates starting at $1.50 per lot and zero commissions on other instruments.
With access to MetaTrader 4 and MetaTrader 5, the Elite account combines premium trading conditions with exclusive VIP perks, making it an ideal choice for high-volume traders.
Frequently Asked Questions
What is the minimum deposit for each account type at FxPro?
The minimum deposit for the Standard and cTrader accounts is $100, while the Raw+ account requires a minimum deposit of $500.
What trading platforms are available for each account type?
All account types can access MetaTrader 4, MetaTrader 5, and the FxPro Mobile app. The cTrader account is specifically designed for the cTrader platform.
What are the trading costs associated with the Standard and Raw+ accounts?
The Standard account has all-inclusive spreads starting from 1.2 pips, while the Raw+ account features spreads starting from 0 pips plus a commission of $3.5 per side for major forex pairs.
Are there different position management options for each account type?
Yes, both the Standard and Raw+ accounts allow hedging on MT4 and a choice of netting or hedging on MT5. The cTrader account also supports hedging but has no minimum stop or limit levels.
Our Verdict
FxPro offers a diverse range of account types to accommodate traders of all levels, from beginners to experienced professionals. With competitive minimum deposits and varying trading costs, each account is designed to meet specific trading needs.
How to open a FxPro Account
To register for a live trading account, click on the ‘Register’ icon on the FxPro homepage and follow the steps required to complete the sign-up process.
Traders will be required to upload their ID document(s) during the process or upload them later via FxPro Direct. Traders can also register through the FxPro App for iOS & Android. Once registered, users will be able to fund their accounts and start trading on any one of the available platforms.
To complete the account registration, the applicant will be required to provide personal information such as First and Last Name, Date of Birth, and contact details.
Trading Platforms
FxPro offers three powerful trading platforms: MetaTrader 4, MetaTrader 5, and cTrader. MetaTrader 4 supports EA trading, chart trading, and one-click trading with 50+ indicators and four pending order types. MetaTrader 5 builds on this with 30+ indicators, six pending order types, an Economic Calendar, and custom indicator support. cTrader features 55+ indicators, advanced tools like trailing stops, and sentiment analysis, as well as integration with Trading Central for additional insights. These platforms cater to various trading styles and provide essential tools for success.
Frequently Asked Questions
What trading platforms does FxPro offer?
FxPro offers three trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, each designed to meet different trading needs and preferences.
What features are available on MetaTrader 4?
MetaTrader 4 includes EA trading, one-click trading, chart trading, over 50 indicators, and four pending order types. It also supports various chart types and time frames but does not integrate Trading Central.
How does MetaTrader 5 differ from MetaTrader 4?
MetaTrader 5 offers additional features such as 30+ indicators, six pending order types, and an integrated Economic Calendar. It also provides more chart types and time frames compared to MT4.
What unique features does cTrader provide?
cTrader features over 55 indicators, advanced trading functionalities like trailing stops and breakeven stop loss, and sentiment analysis. It also supports Trading Central integration for enhanced market insights.
Our Verdict
FxPro’s trading platforms – MetaTrader 4, MetaTrader 5, and cTrader—provide a comprehensive suite of features tailored to meet the diverse needs of traders.
Fees, Spreads, and Commission
FxPro offers a variety of account types with different fees, spreads, and commissions to cater to various trading preferences. The Standard Account features low floating spreads with all-inclusive costs starting from 1.2 pips for FX majors. The Raw+ Account offers razor-sharp spreads starting at 0 pips, but commissions of $3.5 per side are applied.
The Elite Account combines all the features of Raw+ with exclusive rebates starting from $1.50 per lot, along with VIP perks. FxPro provides a wide selection of trading instruments with competitive costs and offers transparent trading conditions for both retail and institutional clients.
Frequently Asked Questions
What are the spreads on FxPro accounts?
FxPro offers floating spreads starting from 1.2 pips on the Standard Account, and from 0 pips on the Raw+ and Elite Accounts, with different commission structures depending on the account type.
Are there commissions on FxPro accounts?
Yes, Raw+ and Elite account incur a commission of $3.5 per side for FX majors, while the Standard account has all-inclusive spreads with no additional commission.
What is the minimum deposit to open a FxPro account?
The minimum deposit is $100 for the Standard Account, $500 for the Raw+ Account, and $1,000 for the Elite Account.
Are there any additional fees for holding positions overnight?
Yes, swaps/rollovers are applied if a trade is kept open overnight, with specific details available on the FxPro platform.
Our Verdict
FxPro’s competitive spreads and flexible commissions accommodate diverse trading strategies, enabling traders to optimize their approaches and maximize potential returns in varying market conditions.
Deposit and Withdrawal
FxPro accepts Bank Wire transfers, Credit/Debit cards, PayPal, Neteller, Skrill, and a selection of methods available as per the country of residence. All available payment methods and processing times under each jurisdiction will differ. Withdrawals will be done via the FxPro Wallet, a personal risk management tool that works as a central account.
Frequently Asked Questions
What payment methods does FxPro accept?
FxPro accepts a variety of payment methods, including Bank Wire transfers, Credit/Debit cards, PayPal, Neteller, and Skrill, with options varying by country of residence.
Are there any processing time differences for withdrawals?
Yes, processing times for deposits and withdrawals may differ based on the payment method used and the jurisdiction in which the trader resides.
How are withdrawals processed at FxPro?
Withdrawals are processed through the FxPro Wallet, which serves as a personal risk management tool and central account for managing funds.
Can I use the same payment method for deposits and withdrawals?
Generally, you should use the same payment method for both deposits and withdrawals. However, specific conditions may apply, so it’s advisable to check with FxPro’s customer support for details.
Our Verdict
FxPro’s diverse payment options and user-friendly systems enhance the trading experience, making it easier for traders to manage their funds securely.
Affiliate Program
FxPro offers a lucrative partnership program, allowing partners to earn up to 55% of the spread revenue by referring clients to trade. Partners can choose between Introducer and Affiliate options. Introducers earn a commission based on the trading volumes of referred clients, while Affiliates earn up to $1,100 for each client who opens an account.
FxPro provides customized partnership schemes and flexible marketing tools to help partners grow their businesses, and partners can easily track earnings and client activity via the FxPro Partner Portal.
Frequently Asked Questions
How much can I earn as a partner?
Partners can earn up to 55% of the spread revenue or up to $1,100 per client referred, depending on the partnership type.
Do I need to be a client to become a partner?
No, if you are already a client, you can become a partner directly from your client area without needing a separate registration.
What tools does FxPro provide for partners?
FxPro offers a Partner Portal with access to custom links, marketing materials, client reports, and flexible payout options.
How do I track my earnings and client activity?
Partners can monitor their earnings, registrations, deposits, and trading activity through the FxPro Partner Portal.
Our Verdict
The FxPro Partner Program provides a highly rewarding opportunity for both individual traders and businesses looking to earn passive income. With competitive commissions, customizable partnership options, and a robust portal for tracking performance, FxPro makes it easy for partners to grow their network and maximize their earnings.
Whether you refer clients or attract affiliates, FxPro’s program offers solid potential for extra income.
Customer Reviews
🥇 Top Broker.
I’ve been trading with FxPro for over two years, and I couldn’t be happier. The platform is user-friendly, and I love the wide range of instruments available. The competitive spreads have helped me maximize my profits, and the customer support is always responsive and helpful. The educational resources are also top-notch—I’ve learned so much from their webinars and tutorials. Highly recommend! – Michael
🥈 Just Great!
FxPro has been a solid choice for my trading journey. The regulation gives me confidence, and I’ve never had issues with withdrawals, which is a big plus. I appreciate the demo account, which allowed me to practice before committing to real funds. The only reason I’m giving four stars instead of five is that I wish there were more advanced trading tools available. Overall, it’s a great broker! – Lucy
🥉 Winning Choice.
As a beginner trader, I was nervous about where to start, but FxPro has made the process so easy. The low minimum deposit meant I could start small, and the customer support team has been incredibly patient and informative. I particularly enjoy using the MetaTrader platform, and the educational resources helped me understand trading strategies better. I feel supported and empowered in my trading, and I would recommend FxPro to others! – Peter
Pros and Cons
| ✅ Pros | ❌ Cons |
| Offers high leverage, although it’s essential to use it responsibly. |
Minimum deposit for some account types might be higher than other brokers. |
| Competitive Spreads | Inactivity Fees |
| Free deposit and withdrawal | Spread Betting (UK Only) |
Conclusion
FxPro stands out as a robust and reliable broker in the trading landscape, having built a solid reputation since its establishment in 2006. With a clientele of over 1.8 million active traders and a high trust score, FxPro demonstrates a strong commitment to providing a secure trading environment.
The broker is fully regulated by top-tier authorities such as the FCA, CySEC, FSCA, and SCB, ensuring that traders benefit from stringent safety measures, including account segregation and negative balance protection.
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Frequently Asked Questions
When was FxPro founded?
FxPro was founded in 2006.
How many active traders does FxPro have?
FxPro has over 1.8 million active traders.
Is FxPro publicly traded?
No, FxPro is not publicly traded.
Which regulatory bodies oversee FxPro?
FxPro is regulated by the FCA (UK), CySEC (Cyprus), FSCA (South Africa), and SCB (Bahamas).
What are the safety features of FxPro?
FxPro offers high safety standards, including account segregation and negative balance protection.
What is the minimum deposit required to open an account with FxPro?
The minimum deposit is $100.
Does FxPro charge for fund withdrawals?
No, there are no fund withdrawal fees.
What are the spreads offered by FxPro?
Spreads start from 0.0 pips.
What is the leverage offered by FxPro?
FxPro provides leverage of up to 1:500.
What trading platforms does FxPro support?
FxPro supports MetaTrader 4, MetaTrader 5, cTrader, and FxPro Mobile.
