FxPro
ElitesFX Score™: 96/100
Our Rating:
4.8/5

Website

Headquarters

UK, Cyprus & Bahamas.

Year Established

2006

Min Deposit

$100

Max Leverage

1:200

Regulation

United Kingdom - UK FCA
Cyprus - CY CYSEC
South Africa - ZA FSCA
Bahamas - (SCB)

Website

Year Established

2006

Min Deposit

$100

Max Leverage

1:200

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FxPro Features
FxPro Financial Instruments
Forex
Cryptocurrencies
Commodities
Oil and Energies
Gold
Futures
Shares
Indices
Precious Metals
Other Features
Negative Balance Protection
Islamic Accounts (Swap-free)
Accepts Japanese Clients
Scalping Allowed
Trailing Stops
Fixed Spread
Variable Spread
Allows hedging
VPS Trading
Offers MT4
Offers MT5
Accounts & Spreads Information
Account Type
Information
FxPro MT4
  • Commision: NO
  • Maximum Leverage: (Retail) 1:200, (Professional) 1:500
  • Typical Spread: 1.71
  • Mobile Platform: MT4 Mobile
  • Trading Platform: MT4, WebTrader
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
FxPro MT4 Instant
  • Commision: NO
  • Maximum Leverage: Retail 1:200, Professional 1:500
  • Typical Spread: 1.84
  • Mobile Platform: MT4 Mobile
  • Trading Platform: MT4, WebTrader
  • Spread Type: Fixed, Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
cTrader
  • Commision: $45.00 Per Side Per 1 Million USD Traded
  • Maximum Leverage: Retail 1:200, Professional 1:500
  • Typical Spread: 0.31
  • Mobile Platform: cTrader Mobile
  • Trading Platform: cTrader, WebTrader
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
FxPro Edge MT4
  • Commision: NO
  • Maximum Leverage: Retail 1:200, Professional 1:500
  • Typical Spread: 1.71
  • Mobile Platform: FxPro Mobile App
  • Trading Platform: MT4, FxPro Edge web
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
FxPro MT5
  • Commision: NO
  • Maximum Leverage: Retail 1:200, Professional 1:500
  • Typical Spread: 1.65
  • Mobile Platform: MT5 Mobile
  • Trading Platform: MT5
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: No
  • Islamic Accounts: No
Broker Information
Regulators
United Kingdom - UK FCA
Cyprus - CY CYSEC
South Africa - ZA FSCA
Bahamas - (SCB)
Information:

FxPro Review

,
IvanGreco

ElitesFX is an Introducer for FxPro Global Markets Ltd

FxPro is a leading online broker established in 2006 and has built a solid reputation providing premium trading tools for a better trading experience. The broker serves clients in over 170 countries. You can trade CFDs on Forex, Spot Metals, Spot Indices, Futures, Shares, and Energies. FxPro is considered a safe broker as it’s regulated by top-tier financial authorities.

Regulations

  • FxPro UK Limited is regulated by the Financial Conduct Authority (FCA) (registration no. 509956). FCA regulation authority is the strongest globally and protects traders’ funds with a protection cover of up to 85,000 pounds by FSCS.
  •  FxPro Financial Services Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC (license no. 078/07). Traders from the European Union should rest assured that they are subject to the Funds Protection Act (CIF) and MiFID II as a European Union member.
  • FxPro Financial Services Ltd is authorized by the South African Financial Sector Conduct Authority (FSCA)
  • FxPro Global Markets Ltd is authorized and regulated by the SCB (license no. SIA-F184).
  • .FxPro Global Markets LTD is subject to financial regulation and supervision by the Bahamas Securities Commission No. SIA-F184.

Traders with FxPro feel safe as this list of top-tier financial authorities regulates the broker. FxPro has a high level of transparency and security. It also protects traders from the negative balance in trading with high leverage, saving the trader from running the risk of negative trading.

Trading accounts with FxPro

  • FxPro MT4, FxPro MT4 Instant
  • FxPro Ctrader
  • FxPro MT5
  • FxPro Edge

FxPro has a flexible structure when it comes to company fees and commissions. Whereas the case here is a mixture of commission and “spread.” The company’s spread starts from 1.5 for traders on the MT4 platform’s original version. The company has a spread of 0.2 for traders on the cTrader platform,” the broker’s trading platform.”

You can always browse the platform’s home page to check the price differences more accurately. The company, as mentioned, is at a high level of transparency when it comes to these fees and commissions. For swap-free trading, know it by logging into the MT4 platform for accurate costs throughout the day.

FxPro offers a type of premium VIP account with a minimum account value of 50 thousand dollars or its equivalent in your country’s currency. With the free VPS service. Also, you can inquire about opening an Islamic swap-free trading account.

Steps to open an account with FxPro

  1. Fill out the form with your primary data: your name, country of residence, and email. Set the password.
  2. Specify your nationality, date of birth, mobile number, and residential address
  3. Specify your occupation and education level.
  4. Provide some financial status and plans.
  5. Answer questions about your trading experience and your financial knowledge.
  6. Now, set the default trading account settings. Later, you can open additional real and demo accounts with other preferences at any time.
  7. Right after that, you may undergo identity verification by uploading the digital copies of the documents required.
  8. Check your inbox! You will receive an email with account credentials.

Withdrawal & deposit with FxPro

FxPro offers a wide range of payment methods to make it easier for its clients to deposit and withdraw funds quickly and easily. The broker charges $0 fees for a deposit and withdrawal, and the process is instant. Ensure that your payment details are the same on your FxPro account following the Anti-Money Laundering Authority’s policy. 

  • PayPal
  • Bank Wire Transfer
  • Skrill
  • NETELLER
  • Credit/Debit cards
  • UnionPay

FxPro is one of the few brokers in this industry that tries to stand neutral and fair between its interests and the interest of the traders. The company always works to provide the necessary tools for the traders in order to own the tools that help them to distinguish from different educational materials, excellent investment tools, and also protect the investors’ funds away from the negative balance and the large loss rate. Equity can be achieved in this industry, as was said by the CEO of the company.

You can always see the reports of FxPro on its official website in order to achieve the principle of transparency between the company and the client in addition to the advantage of choosing between instant execution and market execution. It will be fully explained later and is a competitive advantage over other brokers in this industry.

Payment options with FxPro are varied as the company does not request any fees on withdrawals and deposits and therefore it is free by FxPro, where the investor can handle withdrawals and deposits with ease through bank transfers, credit/debit cards, and the electronic payments giant PayPal, Skrill, Neteller, UnionPay. With your trading account, you can easily transfer funds internally in real-time.

 

FxPro Use experience

FxPro offers its clients a distinguished and diversified set of trading platforms and trading accounts to suit various levels of “beginners and professional” traders, in line with their investment goals. The broker always works to provide the necessary trading tools to successfully impose your control on your trades and apply your trading strategy.

High-quality trading platforms such as cTrader, to which the broker has added many advanced features. Whereas, through cTID, you can access all your trading accounts through one single login.

The traditional trading platform “MetaTrader 4” is the most popular platform globally and is always the best choice by traders of all levels. The broker has added powerful tools to help the trader control trading and smartly apply strategies.

Metatrader 5 is the natural development of MT4 with powerful features and an enhanced trading environment for EA trading.

FxPro has not stopped there. Rather, as a leading online broker, FxPro launched its own trading platform “FxPro EDGE” to provide a distinct user experience and a better trading environment through advanced trading tools that help the trader to get full control over the trades and implement the trading strategy in a way that is Smarter, and more accurate.

Through the FxPro application available on iOS and Android, you can fully manage your trading accounts with a comprehensive trading platform, an economic calendar to be always up to date, and full control of deposits, transfers, and withdrawals through One application on the go.

Through the FxPro EDGE web platform, you can also fully control your trading accounts with an integrated trading platform, over 50 technical indicators, and advanced trading tools to provide a premium trading experience.

With FxPro, you can start trading CFDs on Forex, Spot Metals, Spot Indices, Futures, Shares, and Energies. The broker provides a competitive fee structure. Maximum leverage according to SCB Regulation up to 1:200 (Retail) and 1:500 (Professional). According to FCA Regulation, the maximum leverage is up to 1:30 (Retail) and 1:500 (Professional).

FxPro is the official sponsor of Formula1, various football clubs worldwide, and other global sporting events.

 

Customer Support

FxPro provides its clients with customer support to answer any inquiries you may have. You can reach technical support through a phone call, live chat, or browse their blog and FAQs, where you can look for what you want. You can choose your native language to communicate from among the languages ​​supported by FxPRo. This makes it relatively easy to explain your questions.

The customer support is available 24/5 from Monday to Friday. The languages ​​supported by FxPro are Arabic, Chinese, Czech, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Thai, and Vietnamese.

 

Conclusion

FxPro is an industry-leading broker that has built a solid reputation in a record time. High-level regulation authorities regulate FxPro, and it achieves the factor of transparency, security, and protection of funds for investors with it. The broker serves clients globally in more than 170 countries.

FxPro regularly displays all of the company’s business reports on the broker’s website to create an environment of transparency and fairness which enhances investor confidence dealing with FxPro. The company is distinguished from other brokers with NDD solutions, meaning that there is no broker in the trading room and executing deals, and thus the spreads are low. Also, FxPro offers excellent trading conditions for investors and traders worldwide.

The broker provides an excellent educational environment, including academic lessons, videos, and live trading ideas, in addition to excellent trading tools. Deposits and withdrawals are free of charge by FxPro without any fees. The ease of deposit and withdrawal process through various electronic payment systems makes transferring funds internally and externally very easy.

FxPro has received many awards in recognition of the quality of its services as “Best Forex Provider” and “Best Mobile Application” in the years 2014, 2016, 2017, 2018, 2020. The broker has more than 70 awards globally.

FxPro provides a professional service, which is FxPro VPS. If you want to trade and benefit from that service professionally, just contact technical support and start the immediate application steps with them. FxPro is a reputable, transparent, and secure online broker, an outstanding choice for the investor looking to build trust. Open a demo trading account and try out their trading environment.

 

FxPro Information

FxPro Account type Information

Account Type
Information
FxPro MT4
  • Commision: NO
  • Maximum Leverage: (Retail) 1:200, (Professional) 1:500
  • Typical Spread: 1.71
  • Mobile Platform: MT4 Mobile
  • Trading Platform: MT4, WebTrader
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
FxPro MT4 Instant
  • Commision: NO
  • Maximum Leverage: Retail 1:200, Professional 1:500
  • Typical Spread: 1.84
  • Mobile Platform: MT4 Mobile
  • Trading Platform: MT4, WebTrader
  • Spread Type: Fixed, Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
cTrader
  • Commision: $45.00 Per Side Per 1 Million USD Traded
  • Maximum Leverage: Retail 1:200, Professional 1:500
  • Typical Spread: 0.31
  • Mobile Platform: cTrader Mobile
  • Trading Platform: cTrader, WebTrader
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
FxPro Edge MT4
  • Commision: NO
  • Maximum Leverage: Retail 1:200, Professional 1:500
  • Typical Spread: 1.71
  • Mobile Platform: FxPro Mobile App
  • Trading Platform: MT4, FxPro Edge web
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
FxPro MT5
  • Commision: NO
  • Maximum Leverage: Retail 1:200, Professional 1:500
  • Typical Spread: 1.65
  • Mobile Platform: MT5 Mobile
  • Trading Platform: MT5
  • Spread Type: Variable Spread
  • Minimum Deposit: 100
  • Minimum Trade Size: 0.01
  • Trailing Stops: Yes
  • Scalping Allowed: Yes
  • Hedging Allowed: No
  • Islamic Accounts: No

FxPro FAQs

Yes, FxPro offers 24/5 dedicated customer service team. If you have any question or require specialist assistant you can contact them through telephone, Live Chat support and email.
Yes, FxPro keeps all client funds segregated from the company's own funds in seperate bank accounts. In this way FxPro makes sure that all client funds cannot be used for any other purpose.
Yes, FxPro offers swap-free accounts for religious purposes.
No, FxPro doesn't accept any Canadian clients.
Yes FxPro can accept clients from Japan.
No, FxPro demo accounts will be deactivated after 180 days.
No, FxPro doesn't offer cent accounts.
Yes, FxPro offers Negative Balance Protection. It ensured for all clients that you can't lose more than your total deposits.
No, FxPro shutted down their social trading service and currently is under review.
Yes, FxPro has dynamic stop-loss orders.
FxPro doesn't offer any bonus promotion but they have a SuperTrader Credit Line instead.
Yes FxPro offers Variable spreads on the MT4 and MT5 platform.

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