FxPro Broker Review

Commissions & Fees

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

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.

Customer Service

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 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).

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.

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.

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