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FxPro Broker Review

Review By: Alan Little
Review Updated: 2021-02-22
fxpro broker platform review
4.3
Rating

Bottom Line Summary

FxPro Review

Overall Ratings
4.3
FxPro Fees
3
Trading Platforms
5
Customer Service
5

FxPro broker features

Feature FxPro
Minimum deposit: $100
Withdrawal fee amount: None
Inactivity fee charged (Y/N): N
Max leverage: 1:30
Spread from: 0.6 pips
Number of instruments: 2,100+
Year founded: 2006
Time to open account: 1 business day
Demo account provided (Y/N): Y
Countries of regulation: United Kingdom, Cyprus, South Africa, Bahamas
Products offered:

FxPro pros and cons

Pros
  • FxPro is a fully regulated, award-winning, online broker offering a wide range of tradable instruments via CFDs.
  • Customer support is responsive, easy to access, and available in several languages.
  • Wide range of trading instruments offered.
  • Large client base from 170 countries.
Cons
  • All fees and charges are displayed on the website, but the fee structure is a little complex.
  • Not many funding options offered.
  • Some complains about trade execution.
  • No Crypto.
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Review Sections:

Who are FXTM?

Our full FXPro review is coming soon.

FxPro is an international online broker, with its headquarters in the City of London, and offices around the globe. The firm offers trading via CFDs, across several asset classes, including Forex, Shares, Futures and Spot Indices. The broker is fully authorised and regulated by the Financial Conduct Authority (FCA) in the UK, and also by other relevant authorities in the jurisdictions in which it operates. Company policy includes segregating all client funds, for top-level security. FxPro was voted the UK’s Most Trusted Forex Brand, 2017, by Global Brands Magazine.

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FxPro Fees

3
Rating

At FxPro, commissions and fees depend on the platform being used and the type of order execution, as well as the instrument being traded. The most competitive spreads are offered via the cTrader platform, which uses variable spreads, and for some asset classes, a combination of a commission and a variable spread. When trading via MT4 you can choose between fixed and variable spreads. Rollover charges are levied on trades kept open overnight. All fees and charges are displayed on the website, but the fee structure is a little complex, so it’s important to read through the information for the assets you are trading.

Trading Platforms

5
Rating

FxPro offers a choice of platforms, with the full suite of MetaTrader software available, allowing MT4 and MT5 traders to use the desktop, web-based, and mobile versions of their preferred MetaTrader platform. There is also the option to use the cTrader platform, which is growing in popularity, due to its user-friendly and versatile interface, and the ability to incorporate other trading applications, such as cAlgo, used to automate trading activities, and cMirror, which is a social copy trading application. Both MetaTrader and cTrader allow for the integration of a wide range of tools and indicators.

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Mobile Trading App

FxPro Broker Review | FXPro Mobile | We Compare Brokers

Customer Service

5
Rating

Multi-lingual customer service is available 24 hours a day, 5 days a week, and can be accessed via phone, email or live chat. There is a dedicated global support phone line, run in English, as well as freephone numbers for many countries, including France, Germany and Russia. Email support is fast to respond and very helpful. Perhaps the most convenient form of support for most people will be the live chat option, easily accessed via the website. The company also provides a lot of useful customer information on the website, including links to legal documents and terms and conditions, accessed via the footer of the website.

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Address: 13-14 Basinghall str., City of London, EC2V 5BQ, UK Karyatidon 1, Ypsonas 4180, CyprusDubai Design District, Building Number 2, Office 11326, Boulevard des Moulins, Monaco, 98000

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