Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

Verdict4.7 / 5

FxPro Review

trusted

Overview

Looking for a reliable and reputable broker is a process that takes time. Any company that handles your money needs to be one that you feel exceptionally comfortable...

Looking for a reliable and reputable broker is a process that takes time. Any company that handles your money needs to be one that you feel exceptionally comfortable with. While there are plenty of brokers on the market, FxPro is one you should consider. 

In this FxPro broker review, we’ll cover everything you need to know. 

FxPro launched in 2006 and has excellent top-tier regulation. This gives you extra peace of mind while you’re trading. Having launched with the slogan, “trade forex like a pro,” the site offers features to help you do just that. 

The range of trading instruments helps FxPro stand out. They offer forex, indices, metal, shares, energy, and futures. They recently also began offering cryptocurrency trading mechanisms. 

This broker’s headquarters are located in the UK, with several regional offices worldwide. It is also a popular choice, with more than 100 awards, and operates in more than 170 different countries. 

Despite that, it’s important to assess the small details before making a choice of the best forex brokers for you. In this comprehensive FxPro review, we will cover the important aspects of this broker. By the end, you’ll have everything you need to make an informed decision.

 

TL;DR

  • FxPro is a well-regulated and popular forex broker. It offers many trading platforms, including industry-standard MetaTrader 4 & 5. Additionally, the proprietary platform, FxPro Edge is a useful addition.
  • This broker is known for competitive trading conditions and great customer support. It has many tradable assets to choose from.
  • Regulated by multiple tier-1 authorities. This gives extra peace of mind as well as high security and credibility.
  • Offers various account types. Each has different minimum deposit amounts and trading conditions. Exploring all options will help you make the best decision.
  • FxPro has received generally positive reviews from users and experts. However, there are some concerns about possibly suppressing negative reviews.  

 

FxPro: The Forex Trading Powerhouse

What is FxPro Best Known For?

FxPro has certainly established itself as a popular and formidable force amongst the forex market. Its standout feature is its strong regulatory oversight, licensed by many top-tier regulators. Additionally, this broker is known for its many trading platforms and trading conditions. Overall, it’s possible to tailor your experience with this broker to your own trading styles and preferences. 

 

Source: FX Platform
FxPro’s many trading platforms

 

Pros

Regulated by Multiple Tier-1 Authorities

As we have just mentioned, FxPro is known for its strong regulatory oversight. It is licensed by several tier-1 authorities. These include the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Securities Commission of the Bahamas (SCB). 

Regulatory oversight is one of the most important aspects to look for when choosing a broker. While offshore brokers aren’t generally considered the gold standard, tier-1 options are. For that reason, FxPro stands out as a reliable choice. 

What does this mean? That your funds are protected and that the broker adheres to strict financial regulations. 

Competitive Trading Conditions

Another advantage of choosing FxPro is its competitive trading conditions. This includes low spreads and commission-based trading on specific platforms. Of course, this allows you to cut your trading costs while increasing your profitability. 

Other similar features include negative balance protection. This is a big plus as it ensures that you cannot lose money that isn’t in your account. In volatile market conditions, you’re kept safe and secure. 

FxPro allows you to set your broker account in eight different currencies. These include EUR, USD, GBP, CHF, JPY, PLN, AUD, and ZAR. From there, you can trade in more than 70 currency pairs, with fast order execution. 

As far as leverage goes, this broker allows up to 1:500. However, the exact leverage offered depends on the account you choose and your jurisdiction. 

Wide Range of Trading Platforms

FxPro is known for its range of trading platforms. This allows you to choose a platform that suits your trading needs and preferences. Along with industry-standard MetaTrader 4 & 5, there is also the proprietary platform, FxPro Edge, and CTrader.  

If you prefer to trade on the go, the FxPro app is available on both Android and iOS. This ensures that you never miss out on a profitable trade because you’re away from the computer. 

A Range of Tradable Instruments Available

Whether you’re an expert trader or a novice, having a range of tradable instruments makes your trading efforts easier and more diverse. This obviously increases your chances of profits. FxPro offers several trading instruments, including forex, indices, metal, energy, shares and futures. Recently, they also added cryptocurrency to their menu, giving extra choice and capacity for gains. 

Excellent Customer Support

Another big advantage of choosing FxPro is its excellent customer support. You can contact knowledgeable and experienced representatives through email, telephone, and live chat. Lines are open 24/5 in several languages.

Cons

Higher Commissions on Certain Platforms

FxPro certainly offers competitive spreads but some platforms, particularly cTrader, charge commission. In some cases this can be higher than regular industry averages. It’s important to assess each platform and find the right one for you, however this could increase your trading costs. If you’re an experienced trader who executes many trades, this is something to consider carefully. 

Limited Educational Resources Compared to Other Brokers 

The educational resources and materials offered by FxPro may be enough for some. This broker does offer video courses and articles for beginners and some for advanced traders. However, compared to some other similar brokers, this range could be considered limited. 

Currently, training modules cover the basics, analysis, and psychology. However, if you’re looking for comprehensive training and guidance, you may find FxPro comes up short. For example, it doesn’t offer any guidance in techniques and strategies, which are important for beginners. 

Not Available Worldwide 

Another notable downside of choosing FxPro depends on where you are located. There are certain countries in which this broker cannot be used. However, it does span 170 countries, so this may not be an issue for you. The main issue is that FxPro doesn’t offer its services to US customers, as well as Canada and Iran. The list of other non-supported countries is quite extensive. Despite that, those in the UK, South Africa, Cyprus, and the Bahamas, to name a few, can happily trade. 

 

Image Credit: FxPro
FxPro’s mobile app makes trading on-the-go easy.

 

Criteria Evaluation

Having explored the pros and cons in this FxPro review, let’s see how this broker measures against our criteria. For each section, we will mark out of five, to help you make an informed choice. 

Regulation and Licensing: 4/5

We know that FxPro is heavily licensed by top tier regulators, which gives peace of mind when trading. For that reason, this broker excels in this area. When trading, you benefit from high security levels and you can have confidence in how FxPro operates. 

Trading Conditions: 3/5

Overall, FxPro offers competitive trading conditions. They have low spreads and there is the option for commission-based trading. However, certain platforms do charge higher commissions than others, sometimes over the industry average. This can affect your trading costs and could mean you lose more than you make. 

For that reason, it’s important to assess each platform carefully before making a decision. 

Trading Platforms: 4/5

Despite the higher costs on certain platforms, FxPro does perform well in terms of choice. The broker offers many platforms for specific needs. These include industry-standard choices such as MetaTrader 4 & 5, as well as its proprietary option, FxPro Edge. The trading app also makes it easy to trade no matter where you are, at any time. 

For many brokers, the choice of platform is important. All platforms have specific features and analytical tools. FxPro’s large range means you can choose a platform that meets your trading needs and experience level. Over time, this makes your trading efforts easier. 

Account Types: 4/5

As a highly-regarded broker, it's no surprise that FxPro offers several account types. These are designed to meet the needs of all traders, whether experienced or beginner. When choosing an account, it’s important to assess all criteria carefully before making your final decision. 

All accounts have different minimum deposit amounts and trading conditions. These include the Standard Account, Pro Account, Raw Plus Account, and the Elite Account. The minimum deposit on the Standard Account is just $100, which makes it an ideal option for beginners. However, the Pro, Raw Plus, and Elite Accounts have minimum deposits of $1000. These accounts are best for experienced and prolific traders. 

For all accounts, deposits and withdrawals are free and there are several methods you can use to deposit funds. These include Visa and Mastercard, both credit and debit cards, Maestro, wire transfers, PayPal, Skirll, and Neteller. 

Customer Support: 5/5

One of FxPro’s biggest standout advantages is its excellent customer support. Available 24/5, you can contact a representative by phone, email, or live chat. This broker has a commitment to ensuring customer satisfaction, which is evident by its 4.4 rating on Trustpilot. 

The only downside is if you need urgent support outside of these hours, i.e. at weekends. However, those sending an email during ‘out of hours’ periods will receive a prompt response the following working day. 

Educational Resources: 3/5

It’s true that FxPro does offer educational materials and resources to a degree. For many traders, the choice on offer will be sufficient. However, complete beginners may struggle with the limited amount of resources compared to other brokers. Many users have previously stated that they would like more resources on trading strategies, which is currently lacking. 

Reputation and User Reviews: 4/5

Overall, FxPro has a good reputation amongst users and trading experts. It has many positive reviews and most praise its reliability and varied trading experiences. 

Community Reviews and Expert Recommendations

Community reviews and recommendations by trading experts are an important part of choosing a broker. As mentioned, FxPro has generally positive reviews across the board. However most state that there is room for improvement in terms of educational resources. Potentially higher commission charges on certain platforms particularly the cTrader platform, is something many also highlight. 

However, overall, many users praise the customer service standard, range of platforms, number of tradable instruments, and its regulatory oversight. Experts concur with this and also mention the different account types available for a range of users. 

 

Source: Finanisified
Customer support is vital for a forex broker

 

Pricing

In terms of pricing, FxPro offers several account types with different conditions, including minimum deposits. As mentioned earlier, the Standard Account is the best choice for beginners and those who want to keep costs low. This account has a minimum deposit of $100. However, expert traders may prefer to use the Pro, Raw Plus and Elite Accounts, which offer better leverage and trading conditions. These accounts require a minimum deposit of $1000.

When choosing the platform you prefer, remember that commissions may be higher than industry averages in some cases. This is particularly pertinent to the cTrader platform. For that reason, it’s vital to research platforms and accounts before making a choice. Doing so will ensure you keep your trading costs low and enhance your potential for gains.  

Where to Find FxPro

You can find all the information you need on using FxPro on their website. 

 

Alternatives to FxPro

Throughout this FxPro review, we have given you all the information you need about this reputable broker. However, it’s important to make your own personal choice. If you find that this broker isn’t the right one for you, there are some notable alternatives. Let’s take a look at a few of the other best MT4 forex brokers you may like to explore further.

Forex.com

Forex.com is a highly regarded and reputable broker. With a range of account types on offer, it’s not difficult to find an option that suits your trading needs. In particular, this broker has excellent regulatory oversight, giving you extra peace of mind during your trades. 

You can visit this broker in the following regions: 

- US
- UK
- Canada
- Latin America
- MENA
- All Other Regions

FXOpen

FXOpen is a forex and CFD broker that offers a range of trading platforms for different needs. It is particularly known for its range of educational resources, which makes learning from scratch easier. Additionally, FXOpen offers a demo account, allowing you to make trades without the risk of losing money as you learn. 

FPMarkets

Based in Australia, FP Markets is another reputable broker that offers a range of instruments, including cryptocurrency. It also offers very low spread and leverage of 500:1. Many traders praise the customer service quality of this broker, with lines open 24/7. There is also a large and comprehensive educational resource library, making it easy to develop your trading skills. 

RoboForex

Established more than 15 years ago, RoboForex has gained the respect of the trading industry. Its main feature is copy trading, which allows you to learn as you go, emulating the strategies of successful traders. With leverage up to 1:2000 and tight spreads, this broker offers a range of platforms and trading instruments. 

When choosing your ideal broker, it’s important to do your research. The TopBrokers Forex Blog is the place to go for content and analysis about broker reviews and forex trading. By learning as much as possible, you’ll make the right decision and have a positive trading experience. 

 

Image Credit: FxPro
The FxPro Trading Platform has established itself as a force in the trading world.

 

Final Thoughts

When choosing a broker it’s vital to explore pros and cons while also delving deep into the specific features. FxPro broker services are certainly impressive and with its strong regulatory oversight, you can be sure of peace of mind. However, concerns remain with high trading costs on particular platforms in particular. 

FxPro has excellent customer support, several platforms to choose from, and many tradable instruments on offer. This is why it has established itself as a force in the forex trading industry. 

This FxPro review aims to help you make the right personal decision. Ultimately, the choice is yours and it’s a good idea to explore all options first. If you value regulation and security, competitive trading conditions, and many platforms, this broker could be for you. However, if minimizing trading costs and educational resources are important to you, it may be an idea to explore elsewhere. 

Many users feel that this broker lacks resources on trading strategies in particular, such as the price action trading strategy. However, if you’re experienced and you feel you don’t need this, it may not be an issue. 

Top Brokers is a valuable resource for researching and comparing forex brokers. Additionally, you can learn vital information on subjects like 24 hour forex trading. In the end, you’ll have everything you need to enjoy a successful and profitable trading experience.

Countries+136
DevicesAndroidAppleWindows
Minimum deposit $100Bonus FxPro VIP ProgramWithdrawal fee $0Deposit fee $0Max insured £85,000

Our Verdict 4.7 / 5

Commissions & Fees4.7 / 5
Deposit & Withdrawal4.7 / 5
Customer Support4.7 / 5
Account Opening4.7 / 5
Regulation & Safety4.7 / 5

Pros

  • Regulated by Multiple Tier-1 Authorities
  • Competitive Trading Conditions
  • Wide Range of Trading Platforms
  • A Range of Tradable Instruments Available
  • Excellent Customer Support

Cons

  • Higher Commissions on Certain Platforms
  • Limited Educational Resources Compared to Other Brokers
  • Not Available Worldwide

General details

Type of accountsUnlimited Demo AccountsStandard AccountsECN accountsSTP accountsVIP accountsMicro accountsSegregated accounts
Execution modelNDDECNSTP
Deposit currencyUSDEURGBPAUDCHFPLN
Regulatory complianceFCACySECCNMV
Deposit payment systemsWire Transfer
Withdrawal payment systemsWire Transfer
Support languagesEnglishArabicVietnameseIndonesianSpanishItalianChineseKoreanMalayGermanPolishPortugueseRussianThaiFrenchCzechJapanese
Auto tradingFxPro CopyTradecTrader AutomateMT4 EAMT5 EAFxPro Quant Strategy Builder
Contact details[email protected]+44 (0) 203 151 5550Customer service ↗

Customer reviews

Overall score 4.6 / 5 · 206 customer reviews

Read real reviews from traders all over the world:

Helena Scholes ★ 5/5

Advantages: .

Disadvantages: .

“If you have experienced substantial financial loss as a result of fraudulent investments, it is crucial to take prompt action. Prioritize conducting comprehensive research, validating the credential of any recovery service you may be considering, and obtaining recommendations from reliable sources before proceeding with their assistance. I have come across positive feedback about B s b F o r e n s i c. c 0 m , which may be worth exploring.”

Andrew Gibbs ★ 5/5

Advantages: satisfied

Disadvantages: none

I've been using FxPro for forex trading, and I'm impressed with their service. The platform is easy to navigate, and their spreads are competitive. FxPro's customer support team is responsive and professional.

fatemeh shiri ★ 4/5

Advantages: The platform has really advanced tools that yield profitable results

Disadvantages: The minimum deposit isn’t affordable for me

The broker has great services and assets that can be traded.

James Bush ★ 5/5

Advantages: -

Disadvantages: -

FxPro has been my preferred broker for forex trading. Their platform is reliable, and I appreciate the competitive spreads they offer. The customer service team is prompt and efficient.

Max Simms ★ 5/5

Advantages: -

Disadvantages: -

FxPro offers an excellent trading experience. Their platform is user-friendly, and I appreciate the range of trading instruments they offer. The customer support team is responsive and knowledgeable.

Marco Conti ★ 5/5

Advantages: fast orders execution. the fastest I've seen so far on the forex market.

Disadvantages: Some negligible ones. The spreads are not the tightest possible. and I can’t say that it’s a fully broker’s fault. Sometimes it’s just market conditions.

Fxpro is a top-tier choice for traders who want to just trade and make profits.

Tanapat Poomai ★ 4/5

Advantages: - There are many assets for trading to select from and it's easy to diversify trading trading many at once; - cTrader platform has the tightest spreads on fx majors; - Support responds quickly and works 24/5

Disadvantages: Probably their pricing was unclear to me, but not it's all good

In general, my experience with such a top-tier broker is positive. And I reckon it couldn't be negative at all. I trade here on a daily basis, execution leaves no questions, performance of the cTrader makes me delighted. So, thanks y'all.?

William Taylor ★ 5/5

Advantages: I like the Wide range of financial instruments

Disadvantages: $100 isn’t that affordable for some beginners

overall the broker is worth all the time and money spent on it!

Alexandre Dubois ★ 5/5

Advantages: Orders are executed really fast. The range of assets is impressive. The speadsd are low enough to do scalping.

Disadvantages: There are no major cons that I would mention based on ma experience.

FxPro is an excellent choice for trading. Been trading here using their unique FxPro trading platform. It is user-centric and tools-rich.?

Leon Bauer ★ 4/5

Advantages: I like how fast this broker’s support agents are swift.

Disadvantages: Some features are too advanced with no tutorial

The broker is a good broker overall and it’s been good trading here.

Alejandro Martinez ★ 5/5

Advantages: Excellent execution; low entry threshold; decent selection of accounts;

Disadvantages: Absolutely nothing

I am really curious to see what other traders would find as a disadvantage of FxPro because I couldn’t find anything that might be even close to labelling it as one. I appreciate its policy of making trading accessible for everyone with its low initial deposit requirement, although this is considered one of the most advanced trading platforms. All in all, FxPro is an excellent broker for traders with every level of experience.

Diogo Silva ★ 5/5

Advantages: A broad list of financial assets

Disadvantages: There are no strong disadvantages that I could say

I am satisfied with the cooperation.

Pablo García ★ 4/5

Advantages: - Renowned broker with reputation; - Big choice of assets and trading platforms

Disadvantages: - Elite acc requires too big min. depo - Spreads for trading cryptos aren't cool

The company is appealing, but not with no cons. I specified some. In general, if you seek robust platform, the broker that you can rely upon, then it's an option!

Meril Sorgan ★ 5/5

Advantages: -

Disadvantages: -

The availability of various trading platforms allows you to choose the most suitable tool for your trading style and strategy.

Karl Stewig ★ 5/5

Advantages: minimal commissions

Disadvantages: na

The absence or minimal commissions ensure efficient capital management and maximize your profit. You can be sure that your trades will always be maximally profitable.

Lantar Habibi ★ 5/5

Advantages: Cost efficiency

Disadvantages: Not a single one

Usually, brokers have pros and cons, but things are different with FxPro. Only pros here ?

Filippo Silvestri ★ 4/5

Advantages: There are chat rooms built in the trading platform and it helps traders from all ove the world communicate with each other. It is thoughtful of them.

Disadvantages: The technical support’s responses are hard to understand and seem incomprehensible.

This broker is a world class that provides a wide range of financial services for trading. I was amazed at how many trading assets they offer. There are forex, shares, futures, metals, energy, indices and cryptocurrencies. I love that they offer different instruments for trading and it allows me to diversify my portfolio. Their geography of providing instruments is really great and doesn’t compare with other top brokerage companies.There are also various sectors available for trading.

Valentino Kros ★ 5/5

Advantages: -

Disadvantages: -

The high speed of server operation allows you to timely react to market changes and execute trades with maximum precision.

Dumadi bin Budi ★ 5/5

Advantages: -super fast order execution, as the broker claims, orders are porcessed in less than 13ms. I believe it. -tight spreads that are ideal for scalping; -a wide stack of trading instruments. Great for diversification. -different platforms, where broker's one, FxPro paltform, stands out due to its ease of use and user-centricity; -rich education content

Disadvantages: -I see no minuses for the broker.

Guys, this brokerage firm is rock solid that offers top-tier products and service. Try it, you will not regret and thank me later.

Oliver Smith ★ 4/5

Advantages: Imo, the main advantage is the broker's reputation, as guys are in the business since... 2006. Damn, that's so good, they are with us for NEARLY 20 years. Tons of reviews, many awards and other perks make me feel peace of mind trading here. Yeah, the range of available tools is also astonishing

Disadvantages: Pricing policy could be milder

In fact, I have already said everything that I wanted ;D I like the navigation on the site, a lot of sections. You should devote just a couple of hours to skim through all the sections and understand what they offer.And after that you can easily start trading as you will be aware of all functions. Last resort - client support, affable guys.

Paul Derocles ★ 5/5

Advantages: - A lot of functions on the platform; - Variety of trading software; - some account types

Disadvantages: Can't emphasize on any of serious flaws here

The overall impression after working with the fxpro is awesome. I trade here daily, any kind of assets where are opportunities to enter the deal and get out of with profits.

Paul Mayer ★ 5/5

Advantages: many assets

Disadvantages: none

All great

Imran Yusof ★ 5/5

Advantages: Great account options and reasonable initial depo requirements

Disadvantages: Couldn’t find any

I was surprised to see that they have all the popular trading engines so anyone can find his preferred one. I kept to my favourite one - MT4. works even better with FxPro. Especially in terms of execution. Always at the price I see on the chart

Joaquín Torres ★ 4/5

Advantages: -User-centric platform -Responsive support

Disadvantages: -not so thin spreads -more commodities needed

Stable broker with fine services.

Amit Patel ★ 4/5

Advantages: Broker has instant order execution

Disadvantages: Spreads are not the tightest among all brokers

I like the way my trading looks here

Greta Blander ★ 5/5

Advantages: Competitive spreads, diverse range of assets, reliability and trustworthiness

Disadvantages: -

Fxpro is a reliable choice. Their user-friendly platform and helpful customer service make trading easy. Educational resources are available for skill enhancement. Overall, a calm and reassuring option for traders.

See all 206 customers reviews

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Accounts

TYPE OF TRADING ACCOUNTS ON FXPRO

Fx Pro Broker offers four trading account types: Standard, Pro, Raw+, and Elite.

Standard Account

The initial FxPro minimum deposit for this account is $100, and it offers up to 1:500 leverage. The charges for trading with this account come from an all-inclusive spread. If you are trading EURUSD, GBPUSD, or USDJPY, expect the spread to be 1.2 pips and above, while the average spread is 1.5. This account has no rebates; the minimum trade size is 0.01 lots. A swap-free option is available for Islamic investors.

Pro Account

The initial FxPro minimum deposit for the pro account is $1000, offering up to 1:500 leverage. The charges for trading with this account come from an all-inclusive spread. If you are trading EURUSD, GBPUSD, and USDJPY, the spread starts from 0.6, and the average spread is 1 pip. This account has no rebates; the minimum trade size is 0.01 lots. A swap-free option is available for Islamic investors.

Raw+

The FxPro minimum deposit requirement is $1000, and traders get up to 1:500 leverage. There is a 3.5$ fee, but the broker offers spreads starting from 0 pips. The average spread is 0.2 pips. There are no rebates, but your lot size has to start from 0.10. A swap-free option is available for traders on religious grounds.

Elite

The Elite Fx Trading Pro account has the highest deposit requirement ($30k in 2 months) and offers the same leverage, charges, and spreads as the Raw + account. Rebates for this account start from $1.5 per lot, and the minimum trade size is 0.10. A swap-free option is available for Islamic accounts.

Tradable instruments

Tradable instruments on FxPro trading platforms include:

  • Energy

 

✓Cryptocurrencies70
✓Futures20
✓Indices18
✓Stocks2000
✓Cryptocurrencies25

Frequently asked questions

Find the right answer to your question below.

Is FxPro a regulated broker?

FxPro is a well-regulated broker that enjoys robust oversight from several tier-1 authorities. These include the Financial Conduct Authority (FCA) in the UK, and the Cyprus Securities and Exchange Commission (CySEC). Additionally, it is regulated by the Securities Commission of the Bahamas (SCB). This high regulation gives extra peace of mind that your money is secure and the broker adheres to strict practices.  Before choosing any broker, checking regulation should be the first item on your list. Doing so protects you from unnecessary losses.  It’s also important to remember that FxPro doesn’t cater for US clients

What trading platforms does FxPro offer?

One of FxPro’s major features is its range of trading platforms. This offers a diverse experience for all levels of traders, irrelevant of experience level. FxPro offers the industry-standard MetaTrader 4 & 5, as well as a proprietary platform, FxPro Edge. Traders can also use cTrader and a mobile app, available on both Android and iOS.  Each platform has a range of unique tools and features. This allows you to choose the platform that best suits your aims, style, and needs. Therefore, it’s vital to spend some time exploring each one before making a decision.

What account types are available at FxPro?

FxPro offers several account types to cater for various needs. The Standard Account is a good choice for beginners, with a low minimum deposit amount. However, more experienced traders will benefit from the Pro, Raw Plus and Elite accounts. These have more favorable conditions and higher leverage. However, the minimum deposit amount is also higher, at $1000.  The same advice for choosing a broker and platform applies here. Spend some time exploring different accounts and choose the best one for your needs.

How good is FxPro's customer support?

One of the most commonly praised aspects of FxPro’s service is its customer support. With strong guidance and advice given by representatives, you can be sure that any problems will be resolved quickly.  You can reach a customer service agent via live chat, email, or telephone, with lines open 24/5. With a strong commitment to customer satisfaction, many users and industry experts highlight this feature in particular.

Are there any concerns or drawbacks to using FxPro?

FxPro undoubtedly has many strengths and it is a very popular broker. However, there are some potential drawbacks to be aware of before making a decision. Within this FxPro broker review have mentioned that some platforms, particularly cTrader, charge higher commissions. This is also higher than the industry average. For that reason, it’s important to choose your trading platform carefully, to avoid unnecessary financial costs.  Depending on the type of account you choose, minimum deposit amounts are also high. This is particularly the case with the Pro, Raw Plus, and Elite accounts, with $2000 required.  Some users also point out that FxPro doesn’t offer as many educational resources as some other similar brokers. While this broker covers the basics, such as how to read forex charts , it doesn’t delve into trading strategies. This could be useful while learning and for more experienced traders who want to diversify their skills.

FxPro compared with alternative brokers

To see the full broker review click “See review”, to see the complete comparison visit the comparison page.

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Overall verdict4.7 / 54.8 / 54.9 / 54.7 / 54.8 / 5
Minimum deposit$100$10$10$5$5
Maximum leverage1:100001:20001:20001:10001:1000
Withdrawal fee$01%$0$0$0
Deposit fee$0$0$0$0$0
Safety4.7 / 54.8 / 55 / 54.7 / 55 / 5
Top-tier regulatorsFCANoFCA, CYSECNoCySEC, FSCA, DFSA
Investor protectionYesYesNoNoYes