Founded in 2006, FxPro is a global forex and CFD broker with a longer history than many competing platforms in the industry, and a great degree of trust to go along with it.
The broker’s standout reputation in the market has pushed the company past several milestones, including attaining the 2 million-client mark (in 170+ countries), 635,000,000 orders executed, and a prestigious sponsorship with the McLaren F1 team.
KEY TAKEAWAY |
・4 Account Types ・2,100+ Tradable Assets ・Regulated by Reputable Regulatory Authorities ・Advanced Trading Tools Available |
\Open an account for free!/Open my account with FxPro
Summary of FxPro
Founded in 2006, FxPro is a global forex and CFD broker with a longer history than many competing platforms in the industry, and a great degree of trust to go along with it.
Regulation and Security
FxPro UK LTD is authorized and regulated by Financial Conduct Authority under registration number 509956. Client funds remain segregated, and traders are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000. The FCA is one of the most respected regulators in the world and clients of FxPro can rest assured that their funds are protected, secured and insured.
FxPro Financial Services LTD is authorized and registered by the Cyprus Securities and Exchange Commission under license number 078/07. Trader funds are protected by the Investor Compensation Fund (CIF) and as an EU member, the MiFID II regulatory framework as well as the 4th EU Anti-Money Laundering Directive also apply. In addition, cross-border regulation in all EU member countries is also applicable.
FxPro Financial Services LTD is also authorized and registered by the South African Financial Sector Conduct Authority under authorisation number 45052. FxPro Global Markets LTD is authorised and regulated by the Securities Commission of The Bahamas under license number SIA-F184.
Broker Name | FxPro |
Country | United Kingdom |
International offices | United Arab Emirates , The Bahamas , Cyprus , Monaco , United Kingdom |
Regulation | FCA (UK), CySEC (Cyprus), SCB (The Bahamas), FSCA (South Africa) |
Address | 13 / 14 Basinghall Street, London, EC2V 5BQ, UK |
Pros and Cons
Pros
Pros of FxPro |
・4 Account Types ・2,100+ Tradable Assets ・Regulated by Reputable Regulatory Authorities ・Advanced Trading Tools Available |
Cons
Cons of Cons |
・$100 Minimum Deposit ・Limited Educational Resources Available |
Trading Conditions
Trading Conditions | |
Trading platform | MetaTrader 4, MetaTrader 5, cTrader, FxPro Edge |
Accounts | FxPro MT4 Instant (with fixed spreads) FxPro MT4 Instant (with floating spreads), FxPro MT4 FxPro MT5 FxPro cTrader |
Account currency |
USD, EUR, GBP, CHF, AUD, PLN, ZAR, JPY |
Replenishment / Withdrawal | VISA/MasterCard, Maestro, UnionPay, Cryptocurrency transfers, Perfect Money, Skrill, Neteller |
Minimum deposit | 100(USD, EUR, GBP, CHF) |
Leverage | Up to 1:500 subject to the jurisdiction |
PAMM-accounts | No |
Min Order | from 0.01 lot |
Spread | from 0.0 pips |
Instruments | Over 2,100 assets are available: currencies, stocks, indices, futures, metals, energies, and cryptocurrencies |
Margin Call | 25 |
Stop Out | 20 |
Liquidity provider | 12+ |
Mobile trading | Yes |
Orders execution | Market Execution |
Trading features | Scalping – for all types of financial instruments; Negative balance protection for customer accounts; 24-hour multilingual support, 5 days a week; Advisors; Algorithmic Trading. |
Contests and bonuses | No |
Account Type
Account Type
Standard Account |
Pro Account |
Raw+ Account |
Elite Account |
Account Type
Standard | Pro | Raw+ | Elite | |
Platform | MT4/5 | MT4 | MT4 | MT4 |
Leverage | Up to 1:1000 | |||
Instruments | All | |||
Trade size (lots) | From 0.01 | |||
Charges/Cost FX (all-inclusive spread) |
1.2 pips〜 | 0.6 pips〜 | 0 pips〜 | 0 pips〜 |
Charges/Cost Gold (all-inclusive spread) |
25 cent〜 | 20 cent〜 | 10 cent〜 | 10 cent〜 |
Charges/Cost Bitcoin(all – inclusive spread) |
30 USD〜 | 15 USD〜 | 15 USD〜 | 15 USD〜 |
Min Deposit | $100 | $1000 | $1000 | $30k in 2 months |
Platform Features
FxPro Platform |
MetaTrader 4 |
MetaTrader 5 |
cTrader |
|
EA Trading | × | ⚫︎ | ⚫︎ | ⚫︎ |
Chart trading | ⚫︎ | ⚫︎ | ⚫︎ | ⚫︎ |
DoM (Depth of Market) | × | × | ⚫︎ | ⚫︎ |
1 click trading | ⚫︎ | ⚫︎ | ⚫︎ | ⚫︎ |
Indicators | 50+ | 50+ (can add custom also) | 35+ (can add custom also) | 55+ (can add custom also) |
Pending order types | 4 | 4 | 6 | 6 |
Trailing stop | No | Yes | Yes | Yes + Advanced take profit and breakeven stop loss |
Price alerts | Sound | Sound, email, notification | Sound, email, notification | – |
Chart types | Line, Bar, candlesticks, Heiken Ashi, HLC & dots | Line, Bar, candlesticks | Line, Bar, candlesticks | Line, Bar, candlesticks & dots |
Chart time frames | 15 | 9 | 21 | 26+ tick, range & renko |
Trading Central Integration | No | Yes with plug in | Yes with plug in | Yes via chart targets |
Sentiment | Only for majors | No | No | Yes |
Languages | 1 | 37 | 49 | 22 |
Coding language | N / A | MQL4 | MQL5 | C# |
Integrated Economic calendar | ⚫︎ | × | ⚫︎ | ⚫︎ |
Detachable charts | ⚫︎ | × | ⚫︎ | ⚫︎ |
Opening my Account
Accounts are opened fast through an online application, the standard operating procedure in today’s marketplace.
After the quick application, which asks for country of residence, desired e-mail, and password, traders need to submit a copy of their ID and proof of residence document as mandated by regulators to address AML/KYC compliance.
Deposits and Withdrawals
FxPro offers a range of payment options inside its FxPro Wallet. Payment options include wire transfers, credit/debit cards, PayPal, Skrill, and Neteller.
FxPro does not charge for deposits and withdrawals, except for a 2.6% fee if traders request a withdrawal without any trading activity.The processing time ranges from instantly to just one working day. It also applies to wire transfers with restrictions based on location.
Third-party bank charges and currency conversion fees may apply. Traders can swiftly move funds between multiple trading accounts inside their FxPro Wallet.
Customer Support
FxPro customer support is best accessed through the Live Chat feature, but traders can also request a call back, contact them via phone, send an e-mail or stop by at one of their office locations.
The multi-lingual support team is available 24/5, but it is highly unlikely that many traders will require their assistance.
Conclusion
A well-regulated broker across four jurisdictions, FxPro has enjoyed phenomenal growth over the past decade thanks to its excellent trading conditions.
Traders can benefit from genuine NDD execution with tight spreads and deep liquidity.
\Open my account for free!/Open my account with FxPro