If you’re searching for a reliable Forex and CFD broker, you’ve probably come across FxPro. In this detailed FxPro review, we’ll examine its features, trading platforms, fees, and more to help you decide if it’s the right broker for you.
FxPro Overview
FxPro is a well-established online Forex and CFD broker founded in 2006. It is regulated by top financial authorities, including:
- FCA (UK)
- CySEC (Cyprus)
- SCB (Bahamas)
With over 2 million clients worldwide, FxPro offers trading on Forex, stocks, indices, commodities, metals, and cryptocurrencies.
FxPro Pros and Cons
✅ Pros
✔ Strong regulation (FCA, CySEC, SCB)
✔ Multiple trading platforms (MT4, MT5, cTrader, FxPro Edge)
✔ No dealing desk execution (NDD)
✔ Tight spreads & low commissions
✔ Negative balance protection
✔ Fast withdrawals
❌ Cons
✖ No passive investment options (like copy trading)
✖ Limited stock selection compared to some competitors
✖ Inactivity fee after 6 months
FxPro Trading Platforms
FxPro supports several advanced trading platforms:
- MetaTrader 4 (MT4) – Best for Forex traders, with Expert Advisors (EAs).
- MetaTrader 5 (MT5) – More assets and advanced charting tools.
- cTrader – Great for fast execution and level II pricing.
- FxPro Edge – A proprietary web-based platform for quick trading.
Whether you’re a beginner or a pro, FxPro has a platform that suits your needs.
FxPro Account Types
FxPro offers four main account types:
Account Type | Spreads | Commission | Execution |
---|---|---|---|
FxPro MT4 Instant | From 1.2 pips | $0 | Market execution |
FxPro MT5 Instant | From 1.2 pips | $0 | Market execution |
FxPro cTrader | From 0 pips | $3.5 per lot | Market execution |
FxPro MT4/MT5 Fixed | Fixed spreads | $0 | Market execution |
🔹 Demo Account: Free practice account with virtual funds.
🔹 Islamic Account: Swap-free for Muslim traders.
FxPro Fees & Spreads
FxPro offers competitive spreads:
- From 0.0 pips (on cTrader with commission)
- From 1.2 pips (on MT4/MT5 with no commission)
Other fees:
- Overnight swaps (for holding positions)
- Inactivity fee ($5/month after 6 months)
- No deposit or withdrawal fees (but bank/payment processor fees may apply)
Deposits & Withdrawals
FxPro supports multiple payment methods:
- Credit/Debit Cards (Visa, Mastercard)
- Bank Transfers
- Skrill
- Neteller
- PayPal
💰 Minimum deposit: $100 (varies by payment method)
⏱ Withdrawal time: Same-day processing (e-wallets), 1-5 days (bank transfers).
FxPro Customer Support
FxPro offers 24/5 customer support via:
- Live Chat (fastest response)
- Email (support@fxpro.com)
- Phone (multiple international numbers)
Their support is helpful and professional, with quick response times.
Is FxPro Safe & Legit?
✅ Yes, FxPro is a safe broker because:
- Regulated by FCA, CySEC, SCB
- Segregated client funds (kept in top-tier banks)
- Negative balance protection
- Over 16 years in the market
FxPro vs Other Brokers
Feature | FxPro | XM | Pepperstone |
---|---|---|---|
Regulation | FCA, CySEC | ASIC, CySEC | FCA, ASIC |
Spreads | From 0.0 pips | From 0.6 pips | From 0.0 pips |
Platforms | MT4, MT5, cTrader | MT4, MT5 | MT4, MT5, cTrader |
Minimum Deposit | $100 | $5 | $200 |
FxPro is better for tight spreads and fast execution, while XM has a lower minimum deposit.
Final Verdict: Is FxPro Worth It?
FxPro is a trusted and regulated broker with fast execution, tight spreads, and multiple platforms. It’s great for Forex and CFD traders who want a reliable broker.
👍 Best for:
- Scalpers & day traders (fast execution)
- EA traders (supports MT4/MT5)
- Traders who want strong regulation
👎 Not ideal for:
- Copy traders (no social trading)
- Stock investors (limited shares)
Open an FxPro Account Today
If you’re ready to start trading, visit FxPro’s official website and sign up.
Did you find this FxPro review helpful? Let us know in the comments!
FAQs About FxPro
❓ Is FxPro a scam?
No, FxPro is a regulated and trusted broker.
❓ What is the minimum deposit for FxPro?
$100 for most payment methods.
❓ Does FxPro offer a demo account?
Yes, a free demo account is available.
❓ Can I trade cryptocurrencies on FxPro?
Yes, Bitcoin, Ethereum, and more are available.