Please select the second broker

Take Me To Broker Trading CFDs involves significant risks
Title

FxPro Broker Review

Review By: Max Webster Review Updated: June 17, 2020

Address: 13 – 14 Basinghall Street, London, EC2V 5BQ, UK

Forex Stocks CFD Crypto Commodities

Spread

From 0.012%

Max. Leverage

1:500

Deposit Protection

£85,000 GBP

Min. Deposit

$100 USD

Spread

From 0.09%

Max. Leverage

1:25

Deposit Protection

£85,000 GBP

Min. Deposit

$100 USD

Spread

From 0.013%

Max. Leverage

1:500

Deposit Protection

£85,000 GBP

Min. Deposit

$100 USD

Spread

From 0.322%

Max. Leverage

1:200

Deposit Protection

£85,000 GBP

Min. Deposit

$100 USD

Spread

From 0.037%

Max. Leverage

1:20

Deposit Protection

£85,000 GBP

Min. Deposit

$100 USD

Our Overall Rating

Rating 4.2
Take me to broker Trading CFDs involves significant risks Compare Brokers Side by Side

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.

FxPro Broker Review | FxPro Headquarters | We Compare Brokers

Commissions & Fees

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.

Platforms & Tools

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.

FxPro Broker Review | FxPro Platform Comparison | We Compare Brokers

Customer Service

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.

FxPro Broker Review | FxPro Customer Service | We Compare Brokers

Mobile Trading

Rating

FxPro Broker Review | FXPro Mobile | We Compare Brokers

Regulatory details

FxPro Prohibited countries:

Canada | Iran | Israel | United States

FxPro Group Limited is the holding company of FxPro Financial Services Ltd, FxPro UK Limited, FxPro Global Markets MENA Limited and FxPro Global Markets Ltd. FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration no. 509956). FxPro Global Markets MENA Limited is authorised and regulated by the Dubai Financial Services Authority (reference no. F003333). FxPro Financial Services Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07) and authorised by the Financial Sector Conduct Authority (‘FSCA’) (authorisation no. 45052). FxPro Global Markets Ltd is authorised and regulated by the SCB (license no. SIA-F184).

FxPro Broker Review | FxPro Regulation | We Compare Brokers

From their website:

Trade Responsibly. CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.

Final Thoughts

FxPro is a fully regulated, award-winning, online broker offering a wide range of tradable instruments via CFDs. Fees and commissions are quite complex but fairly competitive, and are clearly laid out on the website. FxPro offers a range of platforms, account types, and order types, clearly aiming to cater for a variety of customers with a range of different needs and requirements. Customer support is responsive, easy to access, and available in several languages. Overall, FxPro is an attractive prospect for CFD traders at all levels.

FxPro Broker Review | FxPro Sponsorship | We Compare Brokers


Before you go…. have you spotted any data in our review which you think is inaccurate? If so please tell us

Related Guides

XM

Variable

Spreads:

See All Spreads

$5 USD

Min. deposit

Learn More
  • MT5
  • MT4
  • WebTrader
  • Mobile apps
  • Proprietary
  • cTrader
See Platforms
  • Micro
  • Retail
  • VIP
  • Professional
See Accounts
  • Fixed
  • Variable
See Spreads
  • Bank transfer
  • Credit Cards
  • PayPal
See Methods
Open Demo Account Compare Brokers Side by Side Read Full Review
Pepperstone Review | Pepperstone Logo | We Compare Brokers

Pepperstone

From 0.3 Points

Spreads:

See All Spreads

$200 AUD

Min. deposit

Learn More
  • MT5
  • MT4
  • WebTrader
  • Mobile apps
  • Proprietary
  • cTrader
See Platforms
  • Micro
  • Retail
  • VIP
  • Professional
See Accounts
  • Fixed
  • Variable
See Spreads
  • Bank transfer
  • Credit Cards
  • PayPal
See Methods
Open Demo Account Compare Brokers Side by Side Read Full Review
OctaFX Broker Review

OctaFX

From 0.2 pips

Spreads:

See All Spreads

$5 USD

Min. deposit

Learn More
  • MT5
  • MT4
  • WebTrader
  • Mobile apps
  • Proprietary
  • cTrader
See Platforms
  • Micro
  • Retail
  • VIP
  • Professional
See Accounts
  • Fixed
  • Variable
See Spreads
  • Bank transfer
  • Credit Cards
  • PayPal
See Methods
Open Demo Account Compare Brokers Side by Side Read Full Review
Etoro Broker Review

eToro

From 0.75 Points

Spreads:

See All Spreads

$200

Min. deposit

Learn More
  • MT5
  • MT4
  • WebTrader
  • Mobile apps
  • Proprietary
  • cTrader
See Platforms
  • Micro
  • Retail
  • VIP
  • Professional
See Accounts
  • Fixed
  • Variable
See Spreads
  • Bank transfer
  • Credit Cards
  • PayPal
See Methods
Open Demo Account Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk. Compare Brokers Side by Side Read Full Review
GO TO THE compare brokers

Ratings

Rating
  • Commissions & Fees Rating
  • Platforms & Tools Rating
  • Customer Service Rating

What is your experience with this broker?

With over 4,000 brokers active globally, it’s good to share your experience with others. Spread the word on good or bad brokers. Disclaimer: Comments on this site are not the opinion of WeCompareBrokers and we are not responsible for the views and opinions posted by site users. If you are unhappy with any comments, please email complaints @ wecomparebrokers.com

Important: You (the person writing the comment) are responsible for any comments you post and use this site in agreement with our Terms.