FxPro Review
FxPro is a UK-based forex broker that, since its creation in 2006, has managed to establish itself as a strong presence in the financial markets trading world. It currently provides services to more than two million retail and institutional traders, across 170 countries worldwide.
One thing that makes FxPro somewhat unique among forex brokers, and that helps it to maintain high visibility among traders, is spending nearly $2 million on sponsorships of various events and sports teams, such as Formula 1 McLaren Racing.
FxPro offers traders access to trade more than 2,000 financial assets across the forex, equity, commodity, and cryptocurrency markets. Clients can select from several account types, which offer choices of both fixed and variable spreads and of spread-only or commission-only trading fees. FxPro also provides a choice of trading platforms, with MT4, MT5, cTrader, and its own proprietary trading platform.
Over the years, FxPro has captured 100+ industry awards, from multiple sources, including the following:
- Best UK Broker (Ultimate Fintech Awards)- Most Trusted Forex Brand (Global Brands Magazine)
- Best Forex Trading Experience (UK Forex Awards)
- Best Forex Provider (Financial Times Investment and Wealth Management Awards)
- Most Reliable Broker (Global Markets)
Among the benefits that FxPro provides is access to the well-respected market analysis services of Trading Central. The FxPro website and trading platforms also provide access to several additional market news and analysis resources.
The major advantages that FxPro offers traders include a variety of account types and trading platforms, and access to trade a large number of financial assets across various markets. FxPro provides several avenues for making deposits or taking withdrawals. Also in FxPro’s favor is the fact that, in two of the three jurisdictions where it operates, it is regulated by Tier 1 financial regulatory authorities and further supported by investor compensation funds.
Typical Spread on Majors
| EUR/USD | 1.4 |
| GBP/USD | 2.0 |
| USD/JPY | 1.6 |
- Company Info
| Headquarters | London, United Kingdom |
| Type of Broker | STP & ECN/STP |
| Founded | 2006 |
| Regulated By | Regulated By CySEC (Cyprus), FCA (UK), FSCA (South Africa), SCB (Bahamas) |
| Offices In | United Kingdom, Cyprus, Monaco, Dubai, Bahamas |
| Supported Languages | English, Turkish, Greek, Hindi, German, Russian, Romanian, Chinese, French, Italian, Japanese, Indonesian, Thai, Vietnamese, Portuguese, Czech, Slovak, Polish, Arabic, Hungarian, Spanish, Estonian, Dutch, Korean, Croatian, Norwegian, Danish, Malasian |
| ESMA Regulation ? | This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | AUD, CHF, EUR, GBP, JPY, PLN, USD |
| Minimum Deposit | $100 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | Yes |
| Islamic Account Restrictions | Muslim Faith Only |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | $45 per $1million Traded |
| VIP Accounts Offered | Yes |
| VIP Account Requirements | $50,000 Minimum Deposit |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | Yes |
| API Solutions | Yes |
| Mobile Trading | Yes |
| Web Based Trading | Yes |
| Funding Methods | Credit/Debit Cards, Wire Transfer, Neteller, PayPal, Skrill, Crypto |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Neteller, PayPal, Skrill, Crypto |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 WebTrader, MetaTrader 5, MetaTrader 5 iOS, MetaTrader 5 Android, cTrader, cTrader Web, cAlgo, cMobile, FxPro Markets, FxPro Quant, FxPro Edge |
| NO of Pairs | 70 |
| Cryptocurrency Trading | Yes |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | Yes |
| Trading Server Time | GMT + 2 |
| Demo Account Expiry | 30 Days of inactivity |
| VPS Offered | Yes |
| Free VPS Conditions | Free for VIP Accounts |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 500:1 |
| Minimum Contract Size | 0.01 |
| Execution | Instant Execution (MT4 Accounts), Market Execution (MT4, MT5, cTrader & FxPro Markets Accounts) |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | No |
| Option of FIFO | No |
| Negative Balance Protection | Yes |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Stocks | Yes |
| Futures | Yes |
| Indices | Yes |
FxPro Reviews
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Jean
Country: Poland
Acc No: 7******1
Nov 2, 2020
An adequate broker with good trading conditions. Their trading platforms are very easy to use, very user friendly. Everyone should try them.
Menshik
Country: Ukraine
Acc No: 8****1
Oct 4, 2020
In my opinion, FxPro is a good reliable broker with good opportunities both for new and advanced traders. I have a good experience while working with them and I still trading here. Conditions are one of the best among other regulated brokers. Good spreads. The platform and charts are fair.
Sam
Country: UK
Acc No: 8*****2
Sep 2, 2020
So far I haven’t face any problem with FxPro. Good customer service, stable platform, and variable range of trading instruments.
Oli
Country: Netherlands
Acc No: 7*****3
Jul 30, 2020
Just started trading with FxPro several months ago and have been pleasantly surprised. Their site is informative and easy to navigate and they offer a lot of fantastic educational programs and free demo accounts for new traders! They have very fast execution, support is quick, withdrawals operate immediately. Highly recommend!
Maksim
Country: Russia
Acc No: 8****5
May 23, 2020
In my opinion, FxPro has a strong position today. It is one of the most well-known and reliable brokerage companies nowadays. They offer very universal conditions for all kind of traders. I really enjoy working with them.
Lis
Country: Kazakhstan
Acc No: 6*****1
Apr 28, 2020
I chose FxPro because they suggest a lot of ways to make deposit and withdrawal. I am satisfied with the conditions, spread and speed of order execution so I feel comfortable trading here.
Shawn
Country: Cyprus
Acc No: 7*****1
Mar 30, 2020
I like this broker and I think FxPro can cater to the needs of a diverse range of traders due to its various orders and account types, as well as its execution and pricing models, which offer instant execution, and floating or fixed spreads. This is a regulated broker and they always withdraw the client's profit. Imho, one of the most stable and reliable brokers in Europe.
Nos
Country: Poland
Acc No: 7*****6
Feb 27, 2020
Fxpro is comfortable for my trading style. Spreads are quite convenient and tight, execution is well and they supported all kind of Expert Advisors. I think that this broker is reliable. At least I hadn’t problems with my withdrawals. Customer support is always on-line. I had no problems with them and plan to continue my cooperation with fxpro in future.
Semen
Country: Russia
Acc No: 6****3
Feb 4, 2020
So pleasant to achieve positive experience after almost a few years of trading forex with losses with scam brokers. Fxpro seems to be a reliable brokerage company. They do not interfere with my tradings and pay me all my profit I had earn.
Larin
Country: Russia
Acc No: 7*****8
Dec 29, 2019
I used this broker for 2 years. For Russian speaking users, it is a normal service with friendly support. Deposits and withdrawals through PayPal are fast. 8/10.
Country: Ukraine
Acc No: 7****2
Aug 29, 2019
I would like to share my experience with FxPro. I am trading for almost 3 years now and I trade with FxPro most part of this time. They provide fair conditions, good assistance, and transparent payment system. Also, I think that fxpro is the best platform nowadays.
AleksandarKovac
Country: Serbia
May 14, 2019
Been trading with FxPro for around a year and overall would say my experience with them is quite positive. There is nothing to complain about. Everything realized on the proper level.
Stas
Country: Belarus
Apr 29, 2019
I'm very much impressed by the cooperation with Fxpro. The conditions suit me perfectly. I hope that Fxpro will only improve its services in future and trading with this broker will be stable as it is now.
Artemiy
Country: Ukraine
Mar 20, 2019
New company for me. I'm trading here only for several months but I’m satisfied at the moment. Registration and funding are easy and fast, Range of instruments is wide enough. Metatrader is stable. In addition, there is a good mobile version of platform with great functionality and charts. Very convenient to trade on the go.
Reto
Country: Germany
Feb 21, 2019
Quite a good brokerage firm. Regulated, with solid market coverage, competitive initial deposit and proven platform. The broker supports EAs. In addition, they provide a good education for the novice.
Wisse
Country: Netherlands
Jan 29, 2019
Maybe one of the most trustworthy brokers in the sphere. They offer a high quality of client service, a wide range of trading platforms and tools, high liquidity and low spreads. FxPro is very convenient for my style of trading. Also, I want to add that they processed withdrawals very fast.
nelzon
Country: Bolivia
Dec 31, 2018
este broker no tiene opcione de hacer depositos ni retiros en criptomonedas ? o tiene? alguien me puede decir?
Pavlo
Country: Ukraine
Dec 25, 2018
I enjoy trading with fxpro. They offer many advanced tools. Great execution, support, fast transactions. All you need for successful trading on Forex.
qwerty
Country: Ukraine
Nov 28, 2018
I am currently using fxpro. Very glad to work with this broker. I don’t believe peoples who said this broker is a scam. Never regret my choice of broker.
felipe mejia
Country: Colombia
Nov 5, 2018
Revisando los distintos brokers, leyendo ademas de investigando, Fx pro es casi q el mejor, ademas q no es un Market Maker. Me dispongo a abrir mi cuenta real en fx pro, deposito minimo de 500, lo unico es q habia visto q tienen tarjeta prepagada, pero ya no
felipe mejia
Country: Colombia
Nov 5, 2018
Gabor
Country: Hungary
Oct 30, 2018
I work with FxPro, because they have several important advantages for me. First of all, it is an old, well-known and reputable broker. Simultaneously they have a fairly low initial deposit if to compare with main competitors. Also, they provide very efficient and professional customer support, stable platforms and smooth withdrawal process.
Anton
Country: Russia
Sep 25, 2018
FxPro has one of the most competitive spreads among top-tier online brokers and there are many funding options to choose from. Minimum deposit is $500. I think it is an optimal amount for a serious trading. Their desktop and mobile platforms are well designed and easy to use. Also, they provide good research and education.
Zahar
Country: Russia
Aug 28, 2018
I have done a lot of research and tried a lot of brokers before I opened an account in FXPRO. They provide very tight and competitive spreads. Also they provide a lot of deposit/withdrawal methods(bank transfer, credit/debit card, paypal, skrill etc) - it is very convenient that you can choose. Services are very good and professional.
Tiemu
Country: Finland
Jul 17, 2018
FXPro is an example of a real professional and trustworthy broker where you can earn. Trading conditions are very convenient. I'm satisfied with spread and execution speed. Withdrawal is fast and easy. Maybe I haven't had any problems with this broker.
Jesus
Country: Mexico
Jun 28, 2018
I can recommend this company. They have a lot of advantages for beginners. Excellent education offering, fantastic platforms, professional customer support and informative web site.
Vlad
Country: Russia
May 24, 2018
Overall this broker is not bad. I have used them for a year. I started live with FxPro after using their demo account and I did not find any difference between them. Spreads are tight. Order execution is fast and fai
Vlad
Country: Russia
May 24, 2018
Overall this broker is not bad. I have used them for a year. I started live with FxPro after using their demo account and I did not find any difference between them. Spreads are tight. Order execution is fast and fai
Canello
Country: Netherlands
Apr 25, 2018
I have a good attitude towards FxPro. Transactions processed instantly! MT5 platform is working perfectly. My manager is professional and polite, always answer my questions very quickly. Recommend this broker, it is good and reliable.
Doku
Country: Israel
Mar 26, 2018
FxPro is a decent company with favorable trading conditions. The spread is tight, execution is fast and no issues with the withdrawals. The minimum deposit could be lower, but in general, the trading experience with them is very positive.
Antip
Country: Ukraine
Feb 21, 2018
Not a scam. FxPro is serious broker which is regulated in UK and Cyprus. Deposit is not small but reasonable, as the broker is reliable and offers high-quality services. I’m satisfied with my trading here.
Stefan
Country: Germany
Jan 15, 2018
I've been trading forex for many years now. In my opinion, FxPro seems to be focused on experienced traders, but they take care of beginners as well. Their educational section and demo accounts are quite good and helpful. I can’t say that I have any issues with them.
Iman
Country: Russia
Dec 18, 2017
My experience with fxpro is highly positive. I trade with them for more than a year and never had any problems with the withdrawals or slippages. The personnel is polite helpful, and fast.
Joel
Country: United Kingdom
Nov 26, 2017
I've joined fxpro about a year ago. The good point I want to mention that FxPro provides transparent conditions without any scam bonuses. Also, they don't take any additional or hidden fees and commissions are quite reasonable. Depositing process is almost instant and withdrawals take up to 1-2 business days. For this year I haven't had any controversial situations with them. So I enjoy trading with this broker.
Antik
Country: Ukraine
Oct 27, 2017
I am satisfied trading with this broker. Spreads are quite competitive, starts from 0 pips on cTrader platform. I appreciate their customer support, the support team always helpful. And the charts is great. Withdrawals are fast and I didn't have any extra commission.
Harvy
Country: Netherlands
Sep 30, 2017
I recommend Fxpro as they are very professional and helpful. Have been trading on a live account with this them for nearly a year. So far I satisfied with conditions and execution. Very fast and easy withdrawals. Do not try to cheat and you will have no problems with this broker.
Giorgi
Country: Georgia
Aug 23, 2017
I signed up with them a couple of months ago. My decision was influenced by the fact that FxPro is rather old and well-known company with a good reputation and their trading conditions suits me. So far, only positive impressions of the service.
Mark Gershchtain
Country: Israel
Aug 4, 2017
FxPro is popular broker with good services. I can’t say anything bad about them. Definitely not a scam broker. I've been trading with them for a few years and i still don't have any serious complaints. Conditions suits me. Low spreads, many currencies and commodities, good customer service, easy withdrawals.
Henrik
Country: Denmark
Apr 27, 2017
After several not very successful tries with other brokers, now I'm totally satisfied with the choice. Totally no problems with withdrawals, it is always fast. Really stable server connection, no restrictions on stop/limit levels and fast market execution. When you have any questions customer support answers quickly and properly.
Kevin
Country: Germany
Mar 20, 2017
Famous European broker with a low spread, I have an account with them already 2 years. There was nothing criminal for this time, except for a couple of small technical problems that were quickly eliminated. Ctrader is the best platform I ever used. Excellent order execution. Deals are closed at the price that is on the screen. Client service at a high level and the withdrawal of profits always occurs without delays. Fxpro is reputable broker with FCA and CySec Regulation.
vivienne
Country: Turkey
Feb 26, 2017
Fxpro provides me only good experience and emotions. Stable platform functionality, servers connection and orders execution are instant and bugless, spreads, slippage and requotes are reasonable, managers and support are polite and helpful. What can i say - Fxpro is my recommendation.
Artem
Country: Moldova
Feb 19, 2017
I think FXPro is more than suitable for experienced traders. They offer traditional well-known platforms and new modern platforms at the same time, which a working without serious crashes. Also, fxpro offers a lot of trading tools and there are no limits on trading styles and EA’s. I can't say that their spread is the best on the market, but it is quite competitive.The most important thing for me, that this broker is reliable in the withdrawal of funds.
Marcus
Country: Hungary
Jan 28, 2017
I have not very long history of relationship with FxPro (5 months), so i didn’t get myself into all the possible situations with them. But for now im completely satisfied. Normal spreads, rare slippage and requotes, easy withdrawal and really polite, helpful support.
Oliver 99
Country: Germany
Jan 2, 2017
I learned to trade Forex with FxPro Trading Academy. Very cool and useful course. And you can try MT4, MT5 and cTrader demo accounts with a maximum demo balance of 500,000$. Also, this broker has very professional customer support and help desk. Consultations are available round the clock. Awesome broker for beginners.
Nestor
Country: Ukraine
Dec 27, 2016
I want to share my experience about fxpro, because this is the best broker in my trading practice. Best choice for scalping. There are no limits on styles of trading, quite low spread and high liquidity of tools. Fast execution of orders on Fxpro Markets. I am very pleased with fxpro service and trading conditions.
