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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.

4.8
/ 5

FxPro review

trusted
Updated on Sep 12, 2024
|
13 mins read

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...
See full overview for FxPro
Countries
+135
Devices
Minimum deposit
$100
Withdrawal fee
$0
Deposit fee
$0
Max insured
£85,000
Our Verdict
4.8
/ 5
Commissions & Fees
4.7
/ 5
Deposit & Withdrawal
4.9
/ 5
Customer Support
5
/ 5
Account Opening
4.5
/ 5
Regulation & Safety
4.8
/ 5

Our 5-step process of verification and evaluation – How do we obtain information?

 

General inspection – 30%

Trading experience – 30%

Technical audit – 20%

Collective experience from collaborations with the broker – 10%

Interviews with real traders – 10%

 

See the entire process here.

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 accounts
Unlimited Demo Accounts
Standard Accounts
ECN accounts
STP accounts
VIP accounts
Micro accounts
Segregated accounts
Execution Model
NDD
ECN
STP
Deposit currency
USD
EUR
GBP
AUD
CHF
PLN
Regulatory complience
FCA
CySEC
CNMV
Deposit payment systems
Withdrawal payment systems
Support Languges
English
Arabic
Vietnamese
Indonesian
Spanish
Italian
Chinese
Korean
Malay
German
Polish
Portuguese
Russian
Thai
French
Czech
Japanese
Autotrading
FxPro CopyTrade cTrader Automate MT4 EA MT5 EA FxPro Quant Strategy Builder
Contact details
[email protected] +44 (0) 203 151 5550

Customer reviews

Read real reviews from traders all over the world:

H
Helena Scholes
10 May 2024
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.”
A
Andrew Gibbs
8 May 2024
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.
See all 206 customers reviews

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.

MT5 - FxPro
Scalping
Trading with expert advisers
Trading 24 hours a day
Trailing stop
Trading Platforms
METATRADER 5
Deposit currency
USD
EUR
JPY
AUD
GBP
CHF
PLN
Trading instruments
Forex
1:500
Number of currency pairs: 28
ARS
AUD
BGN
CAD
CHF
CZK
DKK
EUR
GBP
HKD
HRK
HUF
ILS
ISK
JPY
MXN
NOK
NZD
PLN
RUB
SAR
SEK
SGD
THB
TRY
UAH
USD
ZAR
1:50
1:200
1:100
Stop Out
30 %
Minimum position size
0.01 units
Maximum position size
10000 units
Execution type
market
Spread type
Floating
Decimal places
5
Margin Call
40 %
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
MT4 Fixed Spread - FxPro
Availability of a VIP account
Phone trading
Scalping
Hedging
Trading with expert advisers
Trading 24 hours a day
Trailing stop
Trading Platforms
METATRADER 4
Deposit currency
USD
EUR
JPY
GBP
AUD
CHF
Trading instruments
1:100
1:50
Stop Out
20%
Minimum position size
0.01 units
Maximum position size
10000 units
Execution type
market
Spread type
Floating
Decimal places
5
Margin Call
25%
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
Super Trader - FxPro
Trading Platforms
SUPER TRADER
Deposit currency
EUR
JPY
USD
GBP
AUD
CHF
Stop Out
25%
Minimum position size
0.1 units
Maximum position size
1000 units
Execution type
market
Spread type
Floating
Decimal places
4
Margin Call
20%
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
cTrader - FxPro
Availability of a VIP account
Phone trading
Trading Platforms
cTrader
Deposit currency
USD
EUR
JPY
GBP
AUD
CHF
Stop Out
30%
Minimum position size
0.01 units
Maximum position size
1000 units
Execution type
market
Spread type
Floating
Decimal places
5
Margin Call
40%
Commission
4.5 USD per 100 k USD
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
MT4 Market - FxPro
Availability of a VIP account
Phone trading
Scalping
Hedging
Trading with expert advisers
Trading 24 hours a day
Trailing stop
Trading Platforms
METATRADER 4
Deposit currency
USD
EUR
JPY
GBP
AUD
CHF
Trading instruments
Forex
1:500
Number of currency pairs: 26
ARS
AUD
CAD
CHF
CLP
EUR
CZK
DKK
GBP
HKD
HUF
ILS
ISK
JPY
THB
MXN
NOK
NZD
SAR
SGD
PLN
RUB
TRY
USD
SEK
ZAR
1:50
1:200
1:50
Stop Out
20%
Minimum position size
0.01 units
Maximum position size
10000 units
Execution type
market
Spread type
Floating
Decimal places
5
Margin Call
25%
Commission
Not
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents
MT4 Instant - FxPro
Availability of a VIP account
Phone trading
Scalping
Hedging
Trading with expert advisers
Trading 24 hours a day
Trailing stop
Trading Platforms
METATRADER 4
Deposit currency
USD
EUR
JPY
CHF
GBP
AUD
Trading instruments
Forex
1:500
Number of currency pairs: 26
ARS
AUD
CAD
CHF
CLP
CZK
DKK
EUR
GBP
HKD
HUF
ILS
ISK
JPY
THB
MXN
NOK
NZD
PLN
SEK
SGD
SAR
RUB
TRY
USD
ZAR
1:200
1:50
Stop Out
20%
Maximum position size
0.01 units
Execution type
instant
Spread type
Floating
Decimal places
5
Margin Call
25%
Other
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents

Tradable instruments

Tradable instruments on FxPro trading platforms include:

  • Energy

 

Cryptocurrencies
70
Futures
20
Indices
18
Stocks
2000
Cryptocurrencies
25

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 table and compare more brokers visit our Comparison page.

  • Overall verdict
  • Trading
  • Minimum deposit
  • Maximum leverage
  • Fees
  • Withdrawal fee
  • Deposit fee
  • Safety
  • Top-tier regulators
  • Investor protection
FxPro
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • Free VPS hosting
  • High leverage
  • 4.8
    / 5
  • 4.9
    / 5
  • $100
  • 1:10000
  • 4.7
    / 5
  • $0
  • $0
  • 4.8
    / 5
  • FCA
  • Yes
  • See review
RoboForex
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • 4.9
    / 5
  • 5
    / 5
  • $10
  • 1:2000
  • 4.8
    / 5
  • 1%
  • $0
  • 4.9
    / 5
  • No
  • Yes
  • See review
Exness
  • Specialized trading accounts
  • 24/7 instant money withdrawal
  • Free VPS hosting
  • 4.9
    / 5
  • 4.9
    / 5
  • $10
  • 1:2000
  • 4.8
    / 5
  • $0
  • $0
  • 4.6
    / 5
  • FCA, CYSEC
  • No
  • See review
Alpari
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • 4.5
    / 5
  • 4.5
    / 5
  • $5
  • 1:1000
  • 4.5
    / 5
  • $0
  • $0
  • 4.5
    / 5
  • No
  • No
  • See review
XM
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • 4.5
    / 5
  • 4.6
    / 5
  • $5
  • 1:888
  • 4.3
    / 5
  • $0
  • $0
  • 4.7
    / 5
  • ASIC, FSC, CYSEC
  • Yes
  • See review
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