FxPro Review
3.0

FxPro Review

$100 minimum deposit
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Trade CFDs on a wide range of instruments, including popular FX pairs, Futures, Indices, Metals, Energies and Shares and experience the global markets at your fingertips.

Pros
  • Strong regulatory compliance and security measures.
  • Comprehensive choice of trading platforms, including MetaTrader and cTrader.
  • Competitive spreads and efficient execution.
  • Multilingual, responsive customer support.
  • Varied account types catering to different trading styles.
  • A wide range of trading instruments, including cryptocurrencies.
Cons
  • Swap fees may affect traders holding positions overnight.
  • Certain account types may incur commission fees.

FXPro is a global CFDs trading brand operated by multiple entities, including FXPro Financial Services Ltd, regulated by the Cyprus Securities and Exchange Commission (CySEC), and FXPro UK Limited, regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The brand’s reputation for reliability and financial soundness is exemplified through these stringent regulatory affiliations.

With a diverse clientele spanning 173 countries and over 90 awards for excellence in the Forex industry, FXPro has undeniably solidified its position as a seasoned industry leader.

FxPro’s reputation for reliability and financial soundness is exemplified through stringent regulatory affiliations.

Trading Platforms and Tools: FXPro’s choice of trading platforms encompasses the industry’s finest. The MetaTrader 4 and MetaTrader 5 platforms are the primary workhorses, each delivering a comprehensive suite of technical indicators, advanced charting tools, and the ability to execute automated trading strategies.

The cTrader platform, with its user-friendly interface and depth of trading capabilities, is an exceptional alternative for those seeking a different trading experience. Furthermore, FIX API connectivity is available for professional and institutional traders, offering lightning-fast execution.

Account Types and Minimum Deposits: FXPro accommodates a range of trader profiles through its assortment of account types:

  • MT4/MT5 Account: Ideal for those using MetaTrader platforms.
  • cTrader Account: Suited for traders who prefer the cTrader platform.
  • MT4/MT5 SuperTrader Account: Designed for high-frequency and algorithmic traders.

Each account type comes with distinct features and deposit requirements, ensuring accessibility to traders with varied financial resources and trading preferences.

Spreads, Commissions, and Fees: FXPro’s fee structure is transparent, with competitive spreads and, in some instances, commissions. The choice between variable and fixed spreads offers flexibility to traders, depending on their strategies. While spreads are generally tight, traders should be cognizant of potential financing costs, particularly when holding positions overnight.

Assets Available for Trading: FXPro offers an extensive range of trading instruments:

  • Currency Pairs: Major, minor, and exotic currency pairs.
  • Commodities: Including precious metals, energies, and agricultural products.
  • Indices: A diverse selection of global indices.
  • Stocks: A variety of stocks from global markets.
  • Cryptocurrencies: Bitcoin, Ethereum, and Ripple, catering to the growing interest in digital assets.

This extensive asset portfolio allows traders to diversify their investments across different markets.

Regulation and Security: The broker’s commitment to regulatory compliance is unwavering, as evidenced by its affiliation with CySEC, FCA, and other regulatory bodies in regions where it operates. Client funds are segregated, enhancing security, and advanced encryption measures safeguard personal and financial information. Additionally, the broker employs Negative Balance Protection, ensuring that traders cannot lose more than their initial investment.

Customer Support: FXPro sets the benchmark for customer support with a multilingual team accessible 24/5 through various channels, including email, phone, and live chat. The professionalism and promptness of their support staff further underscore their commitment to client satisfaction.

Educational Resources and Analysis Tools: FXPro complements its trading services with an extensive array of educational materials, including webinars, video tutorials, and an insightful blog. Traders also benefit from access to market analysis tools, economic calendars, and trading calculators, providing valuable insights for well-informed decision-making.

Deposit and Withdrawal Options: Deposits and withdrawals at FXPro are expedited through a wide array of payment methods, including bank transfers, credit/debit cards, and e-wallets. While most methods do not incur fees, it is advisable for traders to review the specific terms and conditions, as some financial institutions may impose charges.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FxPro Review Details

Withdrawal Methods
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