Fx pro

Regulated

Score

4

FxPro

United Kingdom

United Kingdom

15-20 years, Environment AAA, Regulated in United Kingdom, Market Maker (MM), MT4/5 Full License

Regulation

4

License

4

Business

4

Software

4

Risk Control

4

4

Scam

Licenses

[broker_licenses]

Basic Information

Registered Region

United Kingdom

United Kingdom

Contact Number

+4402031515550

Operating Period

15-20 years

Company Website

https://www.fxpro.com/

FxPro Summary
Founded 2006
Headquarters London, UK
Regulation CySEC, FCA
Tradable Assets Forex, crypto CFDs, metals, indices, futures, energy, shares
Demo Account (up to 100k in virtual funds, 180-day life span)
Account Type Standard, Raw+, cTrader
Min Deposit $100
Leverage Up to 1:500
Spread From 0 pips
Trading Platform FxPro Mobile App, FxPro WebTrader, MT4/5, cTrader
Payment Method FxPro Wallet
Customer Support 24/5 live chat, call back form
Tel: +44 (0) 203 151 5550
Email: [email protected]
Regional Restrictions The USA, Iran and Canada

 

FxPro Information

Founded in 2006, FxPro is a reputable UK-based broker, offering trading on forex, crypto CFDs, metals, indices, futures, energy, and shares via the popular MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms, as well as its proprietary platform, FxPro WebTrader and FxPro Mobile App. In addition to its trading services, FxPro provides clients with a comprehensive knowledge hub, which contains all kinds of educational resources, friendly for both beginners and professionals.

 

Pros & Cons

 

Pros Cons
  • Regulated by FCA and CYSEC
  • Clients from the USA, Iran and Canada are not allowed
  • Multiple choices of trading platforms
  • Limited customer support availability on weekends
  • Negative balance protection for retail clients
  • Demo accounts offered

 

Is FxPro Legit?

Yes, FxPro is regulated by several reputable financial regulatory bodies in different jurisdictions where it operates. These regulatory bodies ensure that FxPro adheres to strict standards of financial stability, security, transparency, and fair trading practices.

 

Regulated Country Regulated by Regulated Entity License Type License Number
Cyprus
CySEC FXPRO Financial Services Ltd Market Making (MM) 078/07
UK
FCA FXPRO UK Limited Straight Through Processing (STP) 509956

 

FxPro Financial Services Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license No. 078/07 and the Financial Conduct Authority (FCA) with license No. 509956.

 

Market Instruments

FXPro offers a diverse range of trading instruments, including forex, crypto CFDs, metals, indices, futures, energy, and shares.

 

Trading Assets Available
Forex
Crypto CFDs
Metals
Indices
Futures
Energy
Shares
Bonds
Options
ETFs

 

Account Type/Fees

FXPRO offers three types of live accounts: Standard, Raw+, and cTrader accounts. Spreads and commissions vary be the account type and trading asset class. Find more detailed info about trading costs in the table below:

 

Account Type Asset Class Spread Commission
Standard FX Major From 1.2 pips
Gold From 25 cents
Bitcoin From 30 USD
Other instruments Floating
Raw+ FX Major From 0 pips $3.5 per side
Gold From 10 cents
Bitcoin From $15
Other instruments Floating
cTrader FX pairs/Metals Low $35 per $1 million traded
Indices/Energy/Cryptos Floating

 

FXPro also offers a free and 180-day life span demo account with up to 100k in virtual funds that enables traders to test their trading strategies and get a feel for the platform’s features and functionality without risking any real money.

 

Trading Platform

FXPro provides traders with a variety of robust and user-friendly trading platforms to choose from, including the popular MetaTrader 4 and 5 (MT4 and MT5) platforms, as well as their proprietary FXPro Trading Platform and the advanced cTrader platform.

 

MT4 and MT5 are widely recognized as the industry standard in forex trading platforms, providing traders with a comprehensive range of analytical tools, customizable indicators, and automated trading capabilities.

 

FXPro’s proprietary trading platform, on the other hand, offers a user-friendly interface with advanced charting capabilities and built-in risk management tools.

 

For traders looking for a more advanced trading experience, cTrader offers a range of sophisticated features such as level 2 pricing, advanced order types, and algorithmic trading capabilities.