FxPro Review

📊 Overall Summary

FxPro, founded in 2006, is a globally recognized broker that has built a strong reputation in the forex and CFD trading space. With headquarters in London, FxPro has grown to serve millions of traders worldwide by offering competitive pricing, advanced technology, and a diverse range of trading instruments.

The broker’s platform offering is one of its key strengths; traders can choose from industry‑leading platforms such as MetaTrader 4, MetaTrader 5, and cTrader, each known for robust charting, automated trading capabilities, and user‑friendly interfaces.

FxPro is regulated by top‑tier authorities such as the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), ensuring strict oversight and transparent operations.

In addition to forex, FxPro provides CFDs on indices, commodities, shares, and cryptocurrencies, which allow for diversified trading strategies. With a transparent fee structure, competitive spreads on raw accounts, and no inactivity fees, FxPro is a strong choice for both active traders and long‑term investors.

Whether you’re interested in high‑frequency trading or building a diversified portfolio, FxPro’s commitment to technology, regulation, and customer service makes it a compelling option.

FeatureDetails
Overall Score4.5 stars 4.5/5 (Highly Trusted)
Trustpilot Score4.5 stars 4.4/5 (Trusted)
RegulationFCA (UK), CySEC (Cyprus)
Minimum Deposit$100
Trading PlatformsMT4, MT5, cTrader, TradingView, Mobile Apps
Range of InvestmentsForex, shares, indices, commodities, cryptocurrencies
Inactivity FeeNone
LeverageUp to 1:30 (FCA regions); up to 1:400 (other regions)
Client Fund ProtectionSegregated accounts, negative balance protection

👍👎 Pros & Cons

FxPro offers a host of benefits that appeal to traders across different experience levels. The broker’s diverse platform selection means traders can choose the environment that best suits their strategy—whether it’s automated trading via MT4/MT5 or the advanced order types available on cTrader.

Its strong regulatory credentials and transparent fee structure further enhance trust, while its broad range of tradable instruments allows for effective portfolio diversification. On the downside, some traders find that the product range, especially for non‑forex assets, can be more limited compared to some competitors.

Additionally, leverage is restricted in certain jurisdictions, and while the fee structure is transparent, commissions on raw accounts may be higher for high‑frequency traders. Furthermore, FxPro does not accept U.S. clients under its international division, which may limit access for some potential traders.

ProsCons
Multiple high‑quality platforms (MT4, MT5, cTrader, TradingView)Limited product range in some asset classes
Strong regulatory oversight (FCA, CySEC)Lower leverage for FCA‑regulated accounts (up to 1:30)
Transparent, competitive pricing with no inactivity feesCommission costs on raw accounts may be higher for some traders
Diverse selection of instruments (forex, indices, commodities, crypto)U.S. clients are not accepted under the international division
Robust technology and automated trading capabilitiesSome advanced educational resources could be expanded

📜 Licenses

FxPro’s regulatory framework is one of its strongest assets. The broker is authorized and regulated by the UK’s Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).

These regulatory bodies enforce rigorous standards, including capital adequacy, client fund segregation, and regular audits. Such measures ensure that FxPro maintains transparency and adheres to best practices, thereby providing a secure trading environment for its clients.

Compliance with these strict regulatory requirements not only enhances investor confidence but also ensures that any disputes or issues are managed according to well‑established protocols. Traders benefit from knowing that their funds are safeguarded and that the broker operates under the watchful eye of trusted financial authorities.

RegulatorJurisdictionKey Protections
FCAUnited KingdomStrict capital requirements, segregated client funds, comprehensive audits
CySECCyprusEU regulations, investor compensation schemes, negative balance protection

đź’Ľ Range of Investments

FxPro provides access to a wide variety of trading instruments, enabling traders to diversify their portfolios effectively. With over 40 forex pairs available, FxPro covers major, minor, and exotic currency pairs, making it a solid choice for forex traders.

In addition, the broker offers CFDs on major global indices, allowing traders to gain exposure to stock market trends without owning underlying assets. Commodities such as gold, silver, and crude oil are available, providing opportunities to trade in the energy and precious metals markets.

FxPro also offers CFDs on shares from renowned global exchanges, along with popular cryptocurrencies such as Bitcoin and Ethereum. This broad range of asset classes ensures that traders have multiple avenues to pursue diverse trading strategies and hedge risk.

Asset ClassAvailable?Details
Forexâś… Yes40+ currency pairs including majors, minors, and exotics
Indicesâś… YesCFDs on major indices like S&P 500, FTSE 100, NASDAQ
Commoditiesâś… YesCFDs on gold, silver, crude oil, and other energy products
Shares (CFDs)âś… YesAccess to shares from leading global exchanges
Cryptocurrenciesâś… YesCFDs on Bitcoin, Ethereum, and other popular digital assets

đź’° Commissions & Fees

FxPro is widely appreciated for its competitive pricing and transparent fee structure. The broker offers two primary account types: a standard account with spread‑only pricing and a raw account with ultra‑tight spreads and commission‑based trading.

Forex spreads on standard accounts generally start at around 1.3 pips, while raw accounts boast spreads that can be as low as 0.0 pips with commissions of approximately $3–$4 per lot per round turn.

Additionally, FxPro does not charge inactivity fees, and deposit fees are typically waived. Withdrawal fees may vary depending on the chosen method, so traders should review these details on the broker’s website. Overall, FxPro’s fee structure is designed to be competitive and transparent, making it easier for traders to manage costs while executing their strategies.

Fee TypeDetails
Trading CostsStandard accounts use spread‑only pricing (spreads from 1.3 pips); raw accounts charge commissions ($3–$4 per lot round turn)
Inactivity FeeNone
Deposit FeesNo fees charged on deposits (third‑party fees may apply)
Withdrawal FeesFees vary by payment method; some options are free
Swap FeesApplied on positions held overnight (with triple swap on Wednesdays)

📱 Mobile Trading Apps

FxPro understands the importance of mobile trading in today’s fast‑paced markets. To ensure traders can monitor and manage their positions at all times, FxPro offers robust mobile trading apps compatible with both iOS and Android devices.

The mobile apps provide real‑time market data, advanced charting capabilities, and a range of order types similar to their desktop counterparts.

Whether you are using the proprietary Trading Station Mobile or the MetaTrader 4 mobile app, you can expect a streamlined, user‑friendly interface that allows for efficient order execution, portfolio management, and access to trading news.

These mobile solutions are designed to meet the needs of active traders who require flexibility and the ability to trade on the go without sacrificing functionality.

FeatureDetails
PlatformsFxPro Mobile (Trading Station Mobile), MT4 Mobile
CompatibilityiOS and Android devices
Key FeaturesReal‑time quotes, advanced charting, diverse order types, portfolio management
Additional FeaturesCustomizable notifications and intuitive interface

🖥️ Other Trading Platforms

FxPro caters to diverse trading preferences by offering multiple robust desktop and web platforms. In addition to its proprietary Trading Station, FxPro supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both of which are highly regarded for their automation capabilities, extensive indicator libraries, and expert advisor support.

The inclusion of cTrader provides an alternative option for traders who prefer a modern interface with advanced order management features and deep market data. Furthermore, FxPro’s integration with TradingView Pro offers advanced charting, social trading elements, and customizable technical analysis tools.

This extensive selection ensures that whether you are an algorithmic trader, a technical analyst, or a social trader, FxPro has a platform that meets your specific needs.

PlatformDetails
Trading StationProprietary platform with advanced charting, order management, and real‑time analytics
MT4/MT5Popular platforms with automated trading, EAs, and a vast range of technical indicators
cTraderModern platform offering ECN pricing, depth‑of‑market, and sophisticated order types
TradingView ProWeb‑based charting platform with social trading features and advanced analytics

🔍 Research & Analysis

FxPro provides an extensive suite of research and analysis tools designed to empower traders with timely and actionable market insights. The broker publishes daily market reports, technical analysis, and economic calendars that highlight key global events.

Additionally, FxPro integrates third‑party research tools such as Trading Central and Autochartist, which deliver technical signals and identify chart patterns to aid in decision‑making. Regular webinars, expert commentary, and video tutorials further enhance the analytical resources available.

This commitment to research helps traders stay informed about market trends and adjust their strategies based on up‑to‑date data. With a comprehensive research hub, FxPro ensures that its clients have access to the insights necessary for successful trading.

Tool/ResourceDetails
Daily Market ReportsRegular updates on global economic events and market trends
Technical AnalysisIn‑depth chart studies and expert technical insights
Economic CalendarReal‑time calendar tracking high‑impact events
Third‑Party ToolsIntegration with Trading Central and Autochartist for technical signals
Webinars & VideosLive sessions and recorded tutorials on trading strategies

🎓 Education

FxPro is dedicated to trader education and offers a wide range of resources to help both beginners and experienced traders improve their skills. The educational platform includes comprehensive trading guides, video tutorials, webinars, eBooks, and a glossary of essential terms.

These resources cover fundamental topics such as forex basics, technical analysis, and risk management, as well as advanced strategies for trading CFDs and other instruments. In addition, FxPro provides access to a free, unlimited demo account, allowing traders to practice their strategies without risking real money.

The broker’s educational content is designed to empower traders with the knowledge needed to navigate the markets confidently and to refine their trading techniques continuously.

Educational ResourceDetails
Trading GuidesStep‑by‑step tutorials on forex, CFDs, and risk management
Video Tutorials & WebinarsInteractive sessions covering platform use, market analysis, and trading strategies
eBooks & ArticlesComprehensive written resources on trading fundamentals and advanced strategies
GlossaryDefinitions and explanations of key trading terms
Demo AccountUnlimited demo account for risk‑free practice

🌍 Regional Restrictions

FxPro operates on a global scale, but like many brokers, its services are subject to regional restrictions based on regulatory requirements. FxPro does not accept retail clients from the United States through its international division.

European clients can trade under strict regulations provided by the FCA and CySEC, ensuring strong investor protection. In other regions, such as Asia, Africa, and Australia, FxPro’s services are generally available, though traders should always verify the latest local guidelines.

These regional limitations are in place to comply with varying legal frameworks and ensure that each client receives the appropriate level of regulatory oversight and protection.

Region/Client TypeAvailability/Notes
United StatesNot accepted via the international division
European UnionAvailable under FCA and CySEC regulations
United KingdomAvailable; clients can choose regulated account types
Asia & AfricaGenerally available; local restrictions may apply
Other RegionsVaries by jurisdiction – consult FxPro’s website for updates

🆚 Broker Comparisons

When compared with other leading brokers, FxPro stands out with its multi‑platform offering, strong regulatory framework, and competitive fee structure. Brokers such as IG, OANDA, and Forex.com also offer robust platforms and diverse market access; however, FxPro’s long history and focus on technology make it particularly appealing to traders who value innovation and transparency.

While some competitors may provide a broader range of assets or higher leverage in certain regions, FxPro’s commitment to tight spreads, multiple trading options, and advanced research tools provides a well‑balanced offering for a wide range of trading styles.

FeatureFxProIGOANDAForex.com
Trading CostsCompetitive spreads; raw accounts with low commissionsVariable spreads; competitive pricingLow spreads, commission‑free optionsVariable spreads with commission options
PlatformsTrading Station, MT4, MT5, cTrader, TradingViewProprietary platform, MT4, mobile appsProprietary platform, MT4, mobile appsProprietary platform, MT4, mobile apps
RegulationFCA, CySECFCA, ASIC, etc.Regulated by global authoritiesRegulated by FCA and ASIC
Minimum Deposit$100~$250No minimum (varies)~$50
Range of InvestmentsForex, shares, indices, commodities, cryptoBroad asset range including forex, shares, commodities, cryptoBroad range including forex and CFDsForex, shares, indices, commodities

🎯 Why Choose FxPro?

FxPro is an excellent choice for traders seeking a blend of competitive pricing, advanced technology, and strong regulatory oversight. Its multiple trading platforms—including Trading Station, MT4, MT5, and cTrader—allow traders to select the interface that best suits their strategy.

The broker offers a diverse range of tradable instruments, from forex to commodities and cryptocurrencies, ensuring ample opportunities for portfolio diversification. With regulation from the FCA and CySEC, FxPro guarantees a secure and transparent trading environment that protects client funds through segregated accounts and negative balance protection.

In addition, FxPro’s transparent fee structure and absence of inactivity fees mean that trading costs remain predictable. Advanced research tools, daily market analysis, and a comprehensive educational suite further empower traders with the information they need to succeed.

Whether you’re an algorithmic trader or a manual discretionary trader, FxPro provides the technology, security, and market access required to execute your trading strategy effectively.

  • Competitive Pricing: Tight spreads with transparent commission‑based and spread‑only options.
  • Multiple Platform Options: Access Trading Station, MT4, MT5, cTrader, and TradingView.
  • Diverse Asset Range: Trade forex, indices, shares, commodities, and cryptocurrencies.
  • Strong Regulation: Regulated by FCA and CySEC for robust investor protection.
  • Advanced Research & Education: Extensive market analysis and educational resources available.
  • No Inactivity Fees: Flexible account management without extra charges.

✔️ Final Recommendations

FxPro is a highly reliable broker with a long track record and advanced technological offerings. Its competitive pricing, diverse platform options, and strict regulatory oversight make it an attractive choice for traders of all levels.

FxPro is especially well‑suited for forex and CFD traders who require fast execution and transparent fee structures. While there are some regional restrictions—such as the exclusion of U.S. retail clients—the overall offering is strong for those in other regions.

The combination of robust research tools, comprehensive educational resources, and a user‑friendly interface provides a well‑rounded trading experience. If you value security, innovation, and competitive trading conditions, FxPro is a broker that can meet your needs.

Overall, it is an excellent option for both beginners and seasoned professionals looking for a trusted, technology‑driven trading environment.

  • Ideal For: Traders seeking advanced technology, competitive spreads, and a multi‑platform environment.
  • Best For: Forex and CFD traders who value strict regulation and transparent pricing.
  • Overall Verdict: FxPro is a versatile and well‑regulated broker that delivers a comprehensive trading experience through its competitive pricing, diverse platform options, and robust research and educational tools.

Forex Risk Disclaimer

Trading forex, derivatives, and cryptocurrencies involves high risk due to volatility, leverage, and limited regulatory protection. The strategies and techniques discussed are not guaranteed to be profitable and may lead to significant losses. Please ensure you fully understand these risks and consult independent advice if needed. For detailed information, learn more about the risks of forex trading.