
- Founded: 2006
- Headquarters: United Kingdom
- Min deposit: 1 USD
- Max Leverage: 1 : 500

FxPro is a globally recognized forex and CFD broker that has been serving traders since 2006. With a strong reputation for reliability, transparency, and a diverse trading environment, FxPro has established itself as one of the leading brokers in the financial industry. Catering to both beginner and professional traders, the broker offers access to multiple trading platforms, advanced tools, and a wide range of financial instruments. In this review, we will examine FxPro’s key features, including its company background, regulatory framework, safety measures, trading platforms, and account types.
Company overview
FxPro was founded in 2006 and has since expanded its services to traders worldwide. Headquartered in the UK, the broker operates in more than 170 countries and has established a strong presence in the forex and CFD markets. Over the years, FxPro has gained numerous awards for its exceptional trading services, customer support, and technological innovations.
FxPro offers a broad selection of financial instruments, including forex, stocks, indices, commodities, futures, and cryptocurrencies. The broker stands out for its commitment to transparency and fairness, ensuring that traders have access to deep liquidity and ultra-fast execution speeds. With a client-centric approach, FxPro continues to improve its services, making trading more accessible and efficient.
Regulation and Safety
One of the most crucial aspects when choosing a forex broker is its regulatory status and safety measures. FxPro is a well-regulated broker, holding licenses from several top-tier financial authorities, including:
- Financial Conduct Authority (FCA) – UK
- Cyprus Securities and Exchange Commission (CySEC) – Cyprus
- Financial Sector Conduct Authority (FSCA) – South Africa
- Securities Commission of The Bahamas (SCB) – Bahamas
These regulatory bodies ensure that FxPro adheres to strict financial and operational standards, providing traders with a secure and transparent trading environment.
In addition to regulation, FxPro implements various security measures to protect clients’ funds and personal data. The broker follows segregation of client funds, which means traders’ money is kept separate from the company’s operational funds in top-tier banks. Furthermore, FxPro is a member of the Financial Services Compensation Scheme (FSCS) and the Investor Compensation Fund (ICF), offering an additional layer of financial protection for clients.
Trading Platforms
FxPro provides access to multiple advanced trading platforms, allowing traders to choose the one that best suits their needs. The available platforms include:
1. MetaTrader 4 (MT4)
MT4 is one of the most popular trading platforms in the forex market, known for its user-friendly interface and powerful trading features. FxPro’s MT4 offering includes:
Advanced charting tools
Automated trading through Expert Advisors (EAs)
A wide range of technical indicators
Fast order execution
2. MetaTrader 5 (MT5)
MT5 is the successor to MT4 and offers additional features, making it a preferred choice for more advanced traders. Key benefits include:
More timeframes and technical indicators
An improved order management system
Depth of market (DOM) functionality
Enhanced backtesting capabilities
3. cTrader
cTrader is designed for traders who seek greater transparency and better order execution. It is a popular choice for professional traders due to its:
Advanced order execution with no dealing desk (NDD)
Customizable trading interface
Level II pricing and depth of market
Superior charting and analytical tools
4. FxPro Edge
FxPro Edge is a proprietary web-based trading platform that offers a flexible and intuitive trading experience. It is suitable for traders who prefer web-based solutions over downloadable software. Some of its features include:
Customizable layouts
Tight spreads and low commissions
Access to multiple asset classes
No additional software installation required
Account Types
FxPro offers several account types to cater to different trading preferences and experience levels. Each account type has distinct features that suit specific trading styles. The available account types include:
1. FxPro MT4 Account
Available with instant and market execution
Spreads start from 1.4 pips
Leverage up to 1:500
No commission on forex trades
Supports trading in forex, indices, metals, and energies
2. FxPro MT5 Account
Market execution only
Spreads start from 1.4 pips
No commission on forex trades
Leverage up to 1:500
Access to more trading instruments compared to the MT4 account
3. FxPro cTrader Account
Market execution with lower spreads (from 0.3 pips)
Commission-based pricing ($4.50 per lot per side)
Leverage up to 1:500
Ideal for professional traders who prefer raw spreads and commission-based pricing
4. FxPro Edge Account
Spread betting account (for UK clients)
Zero commissions
Flexible leverage options
Tax-free trading (for eligible UK residents)
5. VIP and Professional Accounts
For high-net-worth traders and institutional clients, FxPro offers VIP and professional accounts. These accounts come with additional perks such as lower spreads, dedicated account managers, and exclusive trading tools.
Trading Instruments
FxPro provides traders with access to a diverse range of trading instruments across multiple asset classes. This extensive selection allows traders to diversify their portfolios and take advantage of various market opportunities. Below are the primary categories of trading instruments available at FxPro:
1. Forex Trading
Forex trading is one of FxPro’s core offerings, with over 70 currency pairs available, including major, minor, and exotic pairs. Traders can speculate on the price movements of currency pairs such as EUR/USD, GBP/USD, and USD/JPY. The forex market at FxPro offers deep liquidity, tight spreads, and fast execution speeds, making it an attractive choice for traders of all levels.
2. Stocks CFDs
FxPro offers Contracts for Difference (CFDs) on a wide range of stocks from major global exchanges, including companies from the US, UK, Europe, and Asia. Traders can access well-known stocks such as Apple, Amazon, Tesla, and Google, allowing them to trade price movements without owning the underlying assets. Stock CFD trading with FxPro comes with flexible leverage and competitive trading conditions.
3. Indices CFDs
Traders can access major global stock indices such as the S&P 500, Dow Jones Industrial Average, FTSE 100, NASDAQ 100, DAX 40, and Nikkei 225. Index trading allows traders to speculate on the performance of an entire market sector rather than individual stocks, providing a broader trading approach with fewer risks associated with individual companies.
4. Commodities CFDs
FxPro offers trading in various commodity CFDs, including:
Energy Commodities: Crude Oil (Brent and WTI) and Natural Gas.
Metals: Gold, Silver, and Platinum.
Soft Commodities: Coffee, Sugar, and Cocoa. These instruments are popular among traders looking to hedge against inflation or diversify their trading portfolios.
5. Futures CFDs
FxPro also provides access to futures contracts on indices, commodities, and other financial instruments. Futures trading allows traders to speculate on the future price of an asset, providing opportunities to capitalize on market trends and fluctuations.
6. Cryptocurrencies CFDs
For those interested in the growing digital asset market, FxPro offers CFDs on cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP). Trading crypto CFDs allows traders to speculate on price movements without needing to store or secure the digital assets themselves.
Fees and Spreads
FxPro follows a transparent fee structure, offering competitive spreads and commission rates depending on the trading platform and account type. Understanding the broker’s pricing model is crucial for traders looking to minimize their trading costs.
1. Spreads
FxPro offers both fixed and floating spreads depending on the account type and market conditions. The spreads vary across different instruments:
Forex: Spreads start from 0.3 pips on the cTrader account and from 1.4 pips on the MT4 and MT5 accounts.
Indices: Competitive spreads with minimal markups.
Commodities: Variable spreads depending on market liquidity.
Stocks CFDs: Variable spreads, often with tight pricing during market hours.
Cryptocurrency CFDs: Spreads depend on market conditions and liquidity.
2. Commission Charges
MT4 & MT5 Accounts: No commissions on forex and CFD trading. The costs are included in the spread.
cTrader Account: A commission of $4.50 per lot per side is charged, but traders benefit from lower raw spreads starting from 0.3 pips.
Stock CFDs: Some stock CFD trades may incur commission charges depending on the market.
3. Swap Fees (Overnight Fees)
Traders holding positions overnight may be subject to swap fees, which depend on the interest rate differential between the two currencies in a forex pair. FxPro provides a detailed swap rate table, helping traders calculate their costs in advance.
4. Inactivity Fees
FxPro charges an inactivity fee for dormant accounts that have remained inactive for extended periods. If an account remains inactive for six months, a fee of $15 is applied, followed by a $5 monthly charge thereafter.
5. Deposit and Withdrawal Fees
FxPro does not charge fees for most deposit and withdrawal methods, though traders should check with their payment provider for any additional processing fees. Popular payment options include bank transfers, credit/debit cards, PayPal, Skrill, and Neteller.
Pros and Con
- Competitive spreads, especially on the cTrader account.
- No commission on most forex trades (MT4 and MT5 accounts).
- No deposit or withdrawal fees on most payment methods.
- Transparent pricing model with clearly stated costs.
- Swap-free accounts available for Islamic traders.
- Inactivity fee of $15 after six months of non-use.
- Commission charges on cTrader accounts for forex trading.
- Spreads on MT4/MT5 accounts are slightly higher compared to raw spread brokers.
- Swap fees may add up for long-term traders holding overnight positions.
Leverage Options
Leverage is a crucial feature in trading that allows traders to control larger positions with a smaller capital outlay. FxPro offers flexible leverage options depending on the trader’s account type, regulatory jurisdiction, and the instrument being traded.
1. Leverage for Forex Trading
Retail traders (under FCA, CySEC regulations): Maximum leverage of 1:30 for major currency pairs and 1:20 for minor and exotic pairs.
Professional traders: Can access leverage up to 1:500, depending on account eligibility.
Clients under SCB (Bahamas regulation): May be eligible for higher leverage levels, up to 1:200.
2. Leverage for Other Instruments
Indices CFDs: Leverage ranges from 1:10 to 1:50 depending on the index.
Commodities CFDs:
- Precious metals (Gold/Silver): Up to 1:20.
- Energy (Crude Oil, Natural Gas): Up to 1:10.
- Soft commodities: Typically 1:10.
- Stock CFDs: Up to 1:5 leverage.
- Cryptocurrency CFDs: Due to their volatility, crypto leverage is typically capped at 1:2.
3. Margin Requirements
Traders must maintain sufficient margin in their accounts to support their leveraged positions. If a trader’s margin level falls below the required percentage, FxPro may issue a margin call or close positions to prevent further losses. The broker provides a margin calculator to help traders manage their exposure effectively.
4. Risk Management Tools
Given the risks associated with leverage, FxPro provides several risk management tools, including:
- Negative Balance Protection: Ensuring that traders do not lose more than their account balance.
- Stop-Loss and Take-Profit Orders: Helping traders manage risk exposure automatically.
- Trailing Stops: Allowing traders to lock in profits while mitigating downside risk.
Customer Support
FxPro is widely recognized for its commitment to providing high-quality customer support, ensuring traders receive prompt and efficient assistance whenever needed. The broker offers multiple channels for customer support, making it accessible to traders from different regions and with varying levels of experience.
1. Availability and Response Time
FxPro’s customer support is available 24/5, covering the forex market’s active trading hours. The support team is known for its quick response times, ensuring traders get immediate assistance for their inquiries or issues.
2. Contact Channels
FxPro provides multiple channels for customer support, including:
Live Chat: Available on the FxPro website and mobile app, offering real-time assistance with quick response times.
Email Support: Traders can send inquiries via email and expect responses within a few hours.
Phone Support: Available in multiple countries with dedicated local phone numbers for quick access.
Help Center & FAQs: A well-structured knowledge base containing detailed guides, FAQs, and troubleshooting resources.
3. Quality of Support
The customer support representatives at FxPro are knowledgeable and trained to handle a wide range of trading-related issues. They can assist with technical queries, account-related concerns, trading platform issues, and payment processing questions.
4. Personalized Account Management
For VIP and professional traders, FxPro offers dedicated account managers who provide personalized support, market insights, and trading assistance. This ensures a more tailored experience for high-net-worth individuals and institutional traders.
Payment Methods
FxPro offers a variety of payment methods to accommodate traders from different regions. The broker ensures secure and swift transactions, supporting various deposit and withdrawal methods with minimal or no fees.
1. Deposit Methods
FxPro allows traders to fund their accounts using multiple options, including:
- Bank Transfers: A secure option, but processing times may take 1-3 business days.
- Credit/Debit Cards (Visa, MasterCard, Maestro): Instant deposits with no additional fees from FxPro.
- E-Wallets (PayPal, Skrill, Neteller, UnionPay, FasaPay, and others): Fast and convenient, typically processed instantly.
- Cryptocurrency Payments: In some jurisdictions, FxPro may accept crypto payments for deposits.
2. Withdrawal Methods
Withdrawals at FxPro are processed quickly, ensuring traders can access their funds without unnecessary delays. The available withdrawal options are:
- Bank Transfers: Processing time ranges from 1-5 business days.
- Credit/Debit Cards: Withdrawals typically take 3-5 business days.
- E-Wallets: Faster withdrawal processing, often completed within 24 hours.
- Crypto Withdrawals: Subject to availability based on region and account type.
3. Fees and Processing Times
FxPro does not charge fees for deposits or withdrawals, though traders should be aware that banks or e-wallet providers may apply their own processing charges. Withdrawal requests are generally processed within one business day, but actual transfer times depend on the selected payment method.
Supported Languages
To cater to its global clientele, FxPro supports multiple languages across its website, trading platforms, and customer support services. This ensures traders from various regions can access information and assistance in their preferred language.
1. Website Language Support
FxPro’s website is available in multiple languages, making it easy for international traders to navigate and access key trading information. The available languages include but are not limited to:
English
Spanish
French
German
Italian
Portuguese
Russian
Chinese (Simplified & Traditional)
Arabic
Turkish
Polish
Thai
Vietnamese
2. Customer Support Language Options
FxPro’s live chat and email support services are available in various languages, ensuring traders can communicate effectively with support representatives. Traders can choose their preferred language when reaching out for assistance, though certain languages may have limited availability during non-peak hours.
3. Trading Platform Language Support
FxPro’s trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and FxPro Edge, also offer multilingual support, allowing traders to customize the platform in their preferred language. This enhances user experience and accessibility.
Conclusion
FxPro is a well-established and highly reputable forex and CFD broker that excels in providing a well-rounded trading experience. The broker’s customer support is reliable, responsive, and available across multiple communication channels, ensuring traders receive timely assistance whenever needed. With a wide range of payment options, FxPro ensures seamless deposits and withdrawals while maintaining secure and efficient financial transactions.
The availability of multilingual support across its website, trading platforms, and customer service further enhances accessibility for international traders. With these key strengths, FxPro remains a preferred choice for traders looking for a professional and customer-oriented brokerage. Whether you are a beginner or an experienced trader, FxPro’s comprehensive support system and flexible financial options make it a strong contender in the competitive forex and CFD trading industry.
FAQs
Yes, FxPro is regulated by multiple top-tier financial authorities, including the FCA (UK), CySEC (Cyprus), FSCA (South Africa), and SCB (Bahamas).
FxPro provides access to MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and its proprietary FxPro Edge platform.
FxPro does not charge commissions on MT4 and MT5 accounts but applies a commission-based pricing model on cTrader accounts ($4.50 per lot per side).
FxPro offers MT4, MT5, cTrader, Edge, VIP, and professional accounts.
FxPro supports multiple payment methods, including bank transfers, credit/debit cards, and e-wallets like PayPal, Skrill, and Neteller.
Yes, FxPro provides demo accounts for traders to practice their strategies before trading with real money.
Retail traders under FCA and CySEC regulation can access leverage up to 1:30, while professional traders can access leverage up to 1:500.