FXPro review

FxPro is a reputable Forex and CFD (Contracts for Difference) broker that was established in 2006, and since then has managed to attract more than 2.18 million traders from 173 countries. The broker has received more than 105 industry awards and its customer service is truly outstanding. The broker offers a wide range of asset classes for trading to its clients, including: Forex, CFDs on stocks, Indices, Commodities, Cryptocurrencies, and Futures. FxPro provides its clients with a variety of account types to meet their needs. One of the first and most important thing to consider when selecting a broker, safety and security. FxPro is well regulated in multiple jurisdictions. And therefore, we can safely say that traders are protected with this broker. Trading fees vary and depend on your account type, but in general, fees are average. Overall, we can say that FxPro offers multiple tradable instruments, offers high leverage, enables traders to use micro lots, and provides ultra-fast trade execution. The broker uses some of the most popular platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and custom-built FxPro Trading Platform. All these platforms come with mobile and online terminal versions, that further improve software experience. The broker provides professional customer service 24/5 via live chat support, call back option, and email.
Afghanistan, Albania, Algeria, Andorra +172 more
CySEC, FCA UK, FSC Mauritius, FSCA +1 more
Account currencies
AUD, CHF, EUR, GBP +4 more
CFDs on Stocks, Crypto CFDs, Energies, Futures, Indices, Precious metals
MT4, MT5, cTrader, Custom
Deposit methods
Bank Transfer, Bitcoin, Credit Card, Neteller, Perfect Money, Skrill, UnionPay
Segregated accounts, Copy trading, Demo account, Exotic Pairs, Expert Advisors, Fast withdrawals, Fixed spreads, Hedging allowed, High leverage, Lowest minimum deposit, Lowest spreads, Micro Lots, Negative balance protection, PAMM, Part of compensation scheme, Provides webinars and seminars, Signals, Swap-free
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FxPro is regulated by trustworthy financial bodies, such as the Financial Conduct Authority (FCA) in the UK, Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), and Financial Services Commission Mauritius (FSCM). In addition, FxPro offers Negative Balance Protection to all clients, and keeps client funds in segregated bank accounts. These measures further improve security. Every trader has a different trading style and different requirements, to meet these requirements, FxPro offers various account types to choose from. The Standard account is best suited for beginner traders. The minimum initial deposit required to open this account type is just 100 USD. Average spread on EUR vs US Dollar is 1.5 pips. Pro account type is for more advanced traders. Minimum initial deposit required to open the Pro account is 1000 US Dollars. Spreads on EUR/USD start from 0.6 pips. Raw+ account type is for active traders, as spreads on this account start from as low as 0 pips. On the other hand, there’s 3.5 USD commission per traded lot per side. The Elite account type is created for VIP traders. Minimum initial deposit required to open the account is 30,000 USD in 2 months. Spreads are supper low on this account, and traders receive rebated from 1.5 USD per lot. All account types have access to the 500:1 leverage and swap free account versions are also available. In summary, we can say that FxPro is worth considering when choosing a broker. FxPro offers good trading conditions, wide selection of instruments, and trading platforms, and is tightly regulated.

FAQs about FxPro

Is FxPro a good broker?

FxPro is a good broker, as it is well-regulated, offers access to over 2 thousand tradable instruments, offers the most popular trading platforms, and wide selection of account types. Trading fees vary depending on the account type, but in general, are average.

How much is FxPro minimum deposit?

Initial minimum deposit required varies depending on your account type. In order to open the Standard account, you will need to deposit 100 US Dollars. Pro and Raw+ account types require 1000 USD minimum deposits. And to open the Elite / VIP account, you will need to deposit 30 thousand US Dollars in 2 months.

What countries is FxPro restricted in?

While it is true that FxPro is an international Forex and CFD broker, it doesn’t operate in certain areas of the world, including the United States of America, the Islamic Republic of Iran, Canada and others.