| Founded: | Account Currencies |
| 2006 | USD, EUR, GBP, CHF, JPY, PLN, AUD, and ZAR |
| Trading Instruments: | Trading Platforms: |
| Forex, Shares, Indicies, Metals, Energy, Cryptocurrencies | FxPro Mobile App, MT4, MT5, cTrader, Trading View |
| Funding Methods: | Regulation |
| Credit/Debit Cards, Bank Transfers, E-Wallets | FCA, CySEC, FSCA |
| Max Leverage: | Min Deposit: |
| 1:500 | $100 |
Pros and Cons
| Pros | Cons |
| Strong regulation | $100 minimum deposit |
| Multiple platforms | No cent/micro account |
| Fast execution | Limited beginner education |
| Wide range of instruments | Inactivity fees apply |
| Good for advanced traders | No strong copy trading features |
Trust and Safety
FxPro is an established forex and CFD broker that has provided online trading services since 1999. The company operates through regulated entities in different jurisdictions, so the protections, leverage limits, products, and trading conditions available to clients depend on their country of residence and the specific FxPro entity holding their account.
FxPro UK Limited is authorised and regulated by the UK Financial Conduct Authority (FCA), while FxPro Global Markets Limited is regulated by the Securities Commission of The Bahamas. FxPro also lists regulatory oversight from the Seychelles Financial Services Authority.
Because regulatory protections differ between jurisdictions, traders should confirm which FxPro entity they are registering with before opening an account.
Client Fund Security
FxPro states that client funds are held separately from the company’s own operating funds in segregated bank accounts. The broker also says its financial reports are audited by PwC.
For UK clients, FxPro UK Limited is a member of the Financial Services Compensation Scheme (FSCS), with eligibility depending on the client’s circumstances and the nature of the claim.
Negative Balance Protection
FxPro provides negative balance protection for retail clients under its applicable terms. This is designed to prevent eligible traders from losing more than the funds available in their trading account.
Professional clients can receive different regulatory treatment and may waive certain retail protections when changing their classification, although FxPro states that negative balance protection continues to be provided to professional clients.
Jurisdiction Restrictions
FxPro does not provide CFDs to residents of certain countries, including the United States, Iran, and Canada. Other restrictions can apply depending on local regulations.
Tradable Instruments
FxPro offers access to a broad selection of CFD markets. The broker currently advertises more than 2,100 assets, covering forex, metals, indices, energy, futures, shares, cryptocurrencies, and ETFs.
Forex
Forex remains one of FxPro’s core markets.
Traders can access a selection of major, minor, and other currency pairs. Trading costs vary according to the chosen account and platform, with Standard accounts using spread-based pricing and Raw+/cTrader accounts offering tighter spreads with commission-based pricing.
Metals
FxPro provides access to precious metals such as gold and other metal instruments.
Metal CFDs can give traders exposure to movements in commodities without requiring physical ownership of the underlying asset.
Indices
The broker offers CFDs on major and minor global indices, including both spot and futures-based products.
Index CFDs can be useful for traders who want exposure to broader equity-market movements.
Energy
FxPro provides access to energy markets, including products linked to major energy benchmarks.
Energy prices can be affected by supply and demand, geopolitical events, inventory data, and economic conditions, making them potentially volatile instruments.
Shares
FxPro offers share CFDs, allowing traders to speculate on individual company prices without directly owning the underlying shares.
Share availability depends on the selected platform and jurisdiction.
Cryptocurrencies
Crypto CFDs are available through FxPro in eligible jurisdictions.
The broker lists cryptocurrencies among its available CFD markets, although cryptocurrency products are not available to retail clients of FxPro UK Ltd.
ETFs
ETFs are available through selected FxPro platforms and account configurations.
The availability of individual ETFs depends on the client’s jurisdiction and platform.
Futures
FxPro also provides access to selected futures-based CFD instruments.
The exact instruments and trading conditions should be checked through the broker’s current specifications before trading.
Account Types
FxPro offers several account structures across its platforms. Current international account options include Standard, Raw+, Elite, and cTrader, although availability and conditions vary by jurisdiction.
Standard Account
The Standard account is designed for traders who prefer a straightforward spread-based pricing model.
FxPro currently lists floating FX spreads from 1.2 pips through MT4 and MT5, with micro-lot trading available. Standard accounts do not charge a separate commission on the instruments covered by the account structure.
Raw+ Account
The Raw+ account is intended for traders looking for tighter pricing.
FxPro advertises spreads starting from zero on FX and metals, with a commission of up to $3.50 per lot per side under its current Raw+ terms.
Elite Account
The Elite account is aimed at higher-volume and higher-capital traders.
FxPro currently describes the account as offering the same zero-spread structure as Raw+ while providing rebates of up to 21% of commissions. The broker’s account information indicates that the Elite option is designed for substantial deposits.
cTrader Account
The cTrader account provides access to the cTrader platform with low spreads and commission-based pricing.
FxPro currently lists commission pricing of $35 per $1 million traded for FX and metals on cTrader.
Demo Account
FxPro offers demo accounts for traders who want to practise strategies without risking real capital.
The broker states that clients can create unlimited demo accounts through FxPro Direct. Demo accounts are simulations and can behave differently from live accounts during periods of extreme volatility or low liquidity.
VIP Account
FxPro also offers VIP trading arrangements for high-net-worth and high-volume clients.
Benefits can include spread discounts, lower commissions on cTrader accounts, and free VPS access.
Commission and Fees
Minimum Deposit
FxPro’s current account-opening information does not present one universal minimum deposit for all account types and jurisdictions. Requirements can vary depending on the selected account and the entity providing the service.
Traders should check the applicable account conditions during registration before funding an account.
Spreads
Spreads depend on the platform, account type, instrument, and market conditions.
The current FxPro comparison page lists FX major spreads from 1.2 pips on Standard accounts, while Raw+ and cTrader accounts offer substantially tighter pricing with commission-based costs.
Trading Commission
Standard accounts use spread-based pricing without a separate commission.
Raw+ accounts charge commission on FX and metals, with FxPro currently listing up to $3.50 per lot per side. On cTrader, the broker lists commission of $35 per $1 million traded.
Swap and Overnight Fees
Positions kept open overnight can incur swap or rollover charges.
The amount depends on the instrument, trade direction, account type, and applicable market conditions. FxPro’s account comparison specifically notes that swaps or rollovers apply to positions held overnight.
Deposit Fees
FxPro currently states that it does not charge fees or commissions on deposits and withdrawals.
However, banks and other payment providers may impose their own charges.
Withdrawal Fees
Withdrawals are generally processed without fees from FxPro’s side.
The broker states that withdrawals are processed 24/5, although payment-provider charges can still apply. FxPro also notes that certain e-wallet withdrawals may incur a fee when the deposited funds have not been traded.
Trading Platforms
One of FxPro’s major strengths is its selection of trading platforms. Clients can choose between MetaTrader 4, MetaTrader 5, cTrader, TradingView, and FxPro’s proprietary trading platform, subject to availability.
MetaTrader 4
MetaTrader 4 is a popular choice among forex traders.
FxPro’s MT4 offering supports technical analysis, automated trading through Expert Advisors, multiple order types, and micro-lot trading.
MetaTrader 5
MetaTrader 5 provides a broader trading environment with additional analytical and order-management functionality.
FxPro supports MT5 across desktop, web, and mobile environments, depending on the account and jurisdiction.
cTrader
cTrader is designed for traders who prefer advanced order execution, detailed market information, and tight pricing.
FxPro’s cTrader accounts use low spreads combined with commission-based pricing on FX and metals.
TradingView
FxPro also provides TradingView access through selected account configurations.
TradingView is widely used for charting and technical analysis, making it an additional option for traders who prefer browser-based market analysis.
FxPro Trading Platform
FxPro’s proprietary platform provides another way to access the broker’s markets.
It is available through web and mobile environments and is designed to combine account management, market access, and trading functionality in one interface.
Mobile Trading
FxPro provides mobile applications for iOS and Android.
The broker states that its mobile app allows clients to register, manage accounts, and trade through the integrated platform.
Unique Features
Wide Platform Selection
FxPro gives traders considerable flexibility when choosing a trading environment.
The combination of MT4, MT5, cTrader, TradingView, and the proprietary FxPro platform allows users to select the tools that best match their trading style.
Fast Execution
FxPro reports that most orders are filled in under 8 milliseconds. The broker promotes its execution infrastructure as one of its key features.
Execution speed can vary according to market conditions, liquidity, order type, and network conditions, so advertised execution figures should not be treated as a guarantee.
VPS
VIP clients can receive access to a free VPS, which can be useful for traders running automated strategies or Expert Advisors.
Professional Trading
Experienced traders who meet the applicable requirements can apply for professional classification.
Professional status can provide access to higher leverage than retail limits, although some regulatory protections may no longer apply. FxPro states that negative balance protection remains available to professional clients.
Swap-Free Accounts
FxPro provides swap-free accounts for religious purposes.
However, the broker notes that charges may apply to certain instruments when positions remain open for a specified number of days.
Research and Education
FxPro provides a range of educational and market-analysis resources designed for traders with different experience levels.
Educational Content
The broker publishes guides covering forex, CFDs, trading strategies, risk management, market analysis, and other trading topics.
Its education section includes beginner-focused material as well as more detailed market content.
Market Analysis
FxPro provides market commentary and analysis covering currencies, commodities, indices, and other financial markets.
These resources can help traders monitor market developments and identify factors that may influence prices.
Economic Calendar
The broker provides an economic calendar that allows traders to monitor scheduled financial events and economic announcements.
This can be particularly useful for forex traders because major economic releases can create substantial market volatility.
Beginner Resources
FxPro provides educational articles explaining basic concepts such as CFDs, forex trading, leverage, spreads, margins, and broker selection.
These resources can be useful for traders who are still developing their understanding of financial markets.
Customer Support
FxPro provides multilingual customer support and currently advertises 24/5 customer service.
Live Support
Clients can contact the support team regarding account registration, verification, platforms, payments, and other account-related issues.
Multilingual Assistance
The broker operates multilingual support to accommodate clients from different regions.
Help Centre
FxPro’s online help centre contains information about accounts, platforms, trading conditions, deposits, withdrawals, and other frequently asked questions.
Account Opening
Opening an FxPro account is completed online.
Registration
Applicants begin by registering through the FxPro website or mobile application.
Basic personal information is required during the initial registration process.
Verification
Clients are required to provide identification documents as part of the verification process.
Documents can be uploaded during registration or later through FxPro Direct.
Account Selection
After registration, traders can choose from the account and platform combinations available in their jurisdiction.
The available options can include Standard, Raw+, Elite, and cTrader accounts.
Funding
Once the account is approved, traders can deposit funds using an available payment method and transfer money to their selected trading account.
Deposits and Withdrawals
FxPro provides several payment options for depositing and withdrawing funds.
Deposits
The broker promotes instant deposits through its available payment methods and states that it does not charge transaction fees for funding.
Available payment methods vary depending on the client’s location.
Withdrawals
FxPro states that withdrawals are processed 24/5.
The broker does not charge standard withdrawal fees, although third-party providers may apply their own costs.
Payment Security
Client funds are held in segregated accounts, while payment transactions are handled through the methods available within the client’s secure FxPro account area.
Currency Conversion
FxPro supports multiple account and wallet currencies. The broker notes that currency conversion can result in conversion costs when funds are transferred between accounts denominated in different currencies.
Final Thoughts
FxPro is an established forex and CFD broker with more than two decades of experience in online trading. The broker currently provides access to more than 2,100 CFD instruments across forex, metals, indices, energies, futures, shares, cryptocurrencies, and ETFs, although the exact range depends on the client’s jurisdiction and platform.
One of FxPro’s strongest features is its selection of trading platforms. Traders can choose from MetaTrader 4, MetaTrader 5, cTrader, TradingView, and the proprietary FxPro platform. This variety makes the broker suitable for traders who have different technical and execution preferences.
The account structure is also flexible. Standard accounts use straightforward spread-based pricing, while Raw+ and cTrader accounts are designed for traders seeking tighter spreads with commission-based pricing. The Elite account adds rebates for eligible high-volume traders.
FxPro also provides several useful features, including demo accounts, swap-free accounts, VPS access for eligible VIP clients, professional trading arrangements, educational resources, and 24/5 multilingual customer support.
Another positive point is the broker’s approach to client funds. FxPro states that client money is held separately from company funds, and its UK entity is covered by the FSCS subject to the relevant eligibility requirements.
However, traders should pay close attention to the entity under which their account is opened. FxPro operates across multiple jurisdictions, and leverage, investor protection, available instruments, and other trading conditions can vary considerably between entities.
Overall, FxPro review may be suitable for traders looking for a combination of established market experience, multiple professional trading platforms, competitive account options, and access to a wide range of CFD markets. At the same time, traders should compare the costs, leverage, regulatory protections, and product availability applicable to their specific jurisdiction before making a decision.
CFD and leveraged trading carry a high level of risk. Traders should make sure they understand how these products work and consider whether they can afford the potential losses before opening a live account.
