FxPro is a reputable broker that has been operating for more than 15 years! However, for the first time, the idea of this broker was conceived in 2002, so it is an old one. Also, it is a fast-performing broker since traders need less than 12 milliseconds to execute orders on FxPro. Moreover, this broker has caught experts' attention and has received over 110 international awards. Follow the article below to learn more about FxPro broker and its different aspects.
FxPro (Company Information + Regulation)
FxPro is a well-established financial services company that has been providing online trading platforms since 2006. The company offers a diverse range of financial instruments, including forex, CFDs, and cryptocurrencies. FxPro's commitment to regulatory compliance and client protection is evident in its multiple licenses from financial authorities:
- Financial Conduct Authority (FCA) in the United Kingdom
- Cyprus Securities and Exchange Commission (CySEC)
- Financial Sector Conduct Authority (FSCA) in South Africa
- Securities Commission of the Bahamas (SCB)
Summary Table
Broker | FxPro |
Account Types | Standard, Pro, Raw+, Elite |
Regulating Authorities | FCA, FSCA, CySEC, SCB |
Based Currencies | EUR, USD, GBP, AUD, CHF, JPY, PLN and ZAR |
Minimum Deposit | $100 |
Deposit Methods | Visa, Mastercard, Bank Wire Transfer, Broker to Broker Transfer, Skrill, Neteller, PayPal |
Withdrawal Methods | Visa, Mastercard, Bank Wire Transfer, Broker to Broker Transfer, Skrill, Neteller, PayPal |
Minimum Order | 0.01 lot |
Maximum Leverage | 1:500 |
Investment Options | Copytrade |
Trading Platforms & Apps | MT4, MT5, cTrader, Web Trader, Mobile App |
Markets | Forex, shares, energy, crypto, indices, futures, metals |
Spread | Varies based on Account |
Commission | Varies based on Account |
Orders Execution | Market Execution, Instant Execution |
Margin Call/Stop Out | Varies based on Account |
Trading Features | EAs are allowed, copytrading, futures, scalping and negative balance protection |
Affiliate Program | Yes |
Bonus & Promotions | Welcome Bonus |
Islamic Account | Yes |
PAMM Account | Yes |
Customer Support Ways | Email, Live Chat, Phone Call, FAQ |
Customer Support Hours | 24/5 |
Account Types
FxPro offers several account types to provide for different trading styles and preferences. Fxpro account types:
- Standard
- Pro
- Raw+
- Elite
You can compare these accounts with the table below:
Standard | Pro | Raw+ | Elite | |
Minimum Deposit | $100 | $1000 | $1000 | $30000 |
Spreads | 1.2 pips | 0.6 pips | 0 pips | 0 pips |
Leverage | 1:500 | 1:500 | 1:500 | 1:500 |
Trading Platforms | MT4 / MT5 | MT4 | MT4 | MT4 |
Position size | 0.01 micro lots | 0.01 micro lots | 0.01 micro lots | 0.01 micro lots |
Stop out | 50% | 50% | 50% | 50% |
Benefits & Drawbacks
fxpro is one of the most reliable forex brokers, and this is one of its advantages, but like other brokers, FX Pro Broker is not free of disadvantages! Advantages and disadvantages of FXPro:
Advantages | Disadvantages |
Multiple regulated entities | restrictions in some countries |
Wide range of trading platforms | High minimum deposit |
Competitive spreads and fast execution | Doesn’t offer various bonuses |
Client funds insurance | Doesn’t offer 24/7 customer support |
Variety of funding options | |
Mor than 100 million € company capital | |
Tested advisors for beginners |
Account Registration and Verification Guide
Registering and verifying an account with FxPro is very simple and you can do it in 6 steps. Fxpro sign up:
- Visit the official FxPro website and click on the "Register" button.
- Write your email and create password.
- Fill in your personal details, including name, date of birth, and phone number.
- Enter Nationality and residential address.
- Fill your finance status and trading knowledge to complete sign up.
You cannot access any of FX Pro's features without going through the verification process, therefore you must confirm your identity to trade.
- Click on “verification” button in your profile.
- Verify your identity by providing the required documents, such as a valid ID and proof of address.
- Wait for the documents to be verified.
FxPro Broker Trading Platforms and Applications
Broker fxpro is one of the leading brokers in the use of trading platforms and leaves the hands of its traders open. Fxpro trading platforms:
- Metatrader 4
- Metatrader 5
- cTrader
- Web Trader
- Mobile App
Metatrader 4
Metatrader 4 is one of the oldest trading platforms that was launched in 2005 and is currently used by over 40 million traders around the world. Metatrader 4 Lite Forex has many features and you can download it from the following link:
MetaTrader 5
Metatrader 5 is the Next-generation platform with enhanced features, Access to a wider range of markets and Advanced technical analysis tools. Fxpro mt5 download link:
cTrader
Fxpro’s ctrader is a Modern platform with intuitive interface, Advanced order types and risk management tools. It has offers Algorithmic trading with cAlgo and its downloadable with the links below:
FxPro WebTrader
As the name WebTrader suggests, all functions are performed in the browser, and you do not need to install any program. fxpro's WebTrader is run with this link.
FxPro Mobile App
Fxpro mobile app enables traders to trade in their phone via its exclusive app. Mobile app has all the features you need and it has released for android and iOS.
Commissions and Spreads
FxPro offers competitive pricing across its account types:
- Standard: Spreads from 1.4 pips, no commission;
- Pro: Spreads from 0.6 pips, $3 commission per lot;
- Raw+: Spreads from 0.0 pips, $3 commission per lot;
- Elite: spreads from 0.0 pips, $10 commission.
spreads in fxpro are variable and may widen during volatile market conditions.
Deposit and Withdrawal Methods
FxPro offers a wide range of deposit and withdrawal options to accommodate clients from different regions:
- Credit/Debit Cards: Visa, Mastercard
- Bank Wire Transfer
- Broker to Broker Transfer
- E-wallets: Skrill, Neteller, PayPal (not available for some countries such as UK)
Copy Trade and Investment Options in FxPro Broker
Broker FxPro offers a robust copy trading service called “FxPro CopyTrade”, which allows investors to automatically replicate the trades of experienced and profitable traders. Key features include:
- Independently verified trading performance
- Flexible lot size control and risk management tools
- Quick setup for MT4 and MT5 platforms
- 7/24 automated trading
Unfortunately, there are no further investment options in fxpro.
Tradable Markets and Symbols
FxPro provides access to a great range of financial instruments from different markets. Fxpro instruments:
Fxpro Markets | forex | shares | energy | crypto | indices | futures | metals |
Examples | 70+ currency pairs SUCH AS EUR/USD, JPY/USD. | Hundreds of stocks from US, UK, and European markets such as VISA, APPLE and UBER. | BRENT, NAT.GAS, WTI. | 20+ Coins such as BTC, UNI and ETH. | Major Indices from all over the world such as US30, UK100 and AUS200. | Available for major symbols such as Corn, GOLD, DJ30 and others. | 10+ metals available for trade included GOLD, COPPER and LEAD. |
FxPro Forex Broker Bonus and Promotions
Bonus is FX Pro's Achilles heel. This famous and old brokerage (more than 15 years of experience) does not offer many bonuses to users. The welcome bonus was the only bonus of this brokerage in 2024, and it is not active at the time of writing this article.
Support and Customer Services
Broker FxPro provides comprehensive customer support through various channels:
- 24/5 live chat support
- Email support
- Phone support in multiple languages
- Extensive FAQ section and knowledge base
FxPro Broker Restricted Countries
Due to some problems such as sanctions and regulatory issues, fxpro does not provide services to users in some countries. Fxpro restricted countries:
- United States of America
- Canada
- Iran
- North Korea
- Syria
- Cuba
FxPro Awards
Until now, FXPro has received more than 110 awards in many years, and these awards are increasing daily. This volume of awards shows the high quality and extensive services of this broker, and some of the most important awards are:
- "Most Trusted Broker (Global)" - Ultimate Fintech Awards
- "Most Transparent Broker (Global)" - Ultimate Fintech Awards
- "Best Mobile Trading App UK" - International Business Magazine
- "Best Execution Broker, Global of the Year" - Global Brands Magazine
- "Best Trading Platform of the Year" - Online Personal Wealth Awards
Trust Scores
FxPro has earned high trust scores of different sources, indicating its strong reputation in the industry. Fxpro trust scores:
- Trust Pilot: 3.7 out of 5 based on 229 reviews;
- Investopedia: 3.8/5;
- FX Empire: 4.6 out of 5;
- io: 4.1/5 based on 569 reviews.
FxPro Broker Education
Broker FxPro offers a comprehensive educational program to support traders at all levels:
- Video tutorials covering platform usage and trading strategies;
- Webinars hosted by industry experts;
- Trading guides and e-books;
- Economic calendar and market analysis.
These resources help traders develop their skills and stay informed about market trends and trading techniques.
Trading Finder Expert Suggestions
fxpro was established in 2006 and has since been licensed by reputable regulators such as FCA, FSCA, cySec, and SCB. This brokerage allows you to trade various symbols, including currency pairs, metals, energy, cryptocurrency, and indices. Due to the support of FXPro Broker for MetaTrader 4, MetaTrader 5, CTrader, and WebTrader, you are free to trade in your preferred platform. However, FX Pro has some disadvantages (including not serving U.S. traders), and you should consider them.
