Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Basic information from FxPro review
About the broker
| Web: | https://fxpro.com |
| License: | CySec FCA SCB FSCA |
| Supported languages: | Czech, English, German, Polish, Spanish, French, Italian, Hungarian, Swedish, Vietnamese and Russian |
| Year of foundation: | 2006 |
| Holder: | FxPro Financial Services Ltd. |
| Headquarters: | 13-14 Basinghall str., City of London, EC2V 5BQ, United Kingdom |
| Methods of contacting customer support: | E-mail, phone, online chat |
| Contact: | support@fxpro.com +44 (0) 203 151 5550 |
| Deposit methods: | Bank transfer, Visa, Maestro, Mastercard, American Express, Neteller, PayPal, Skrill, UnionPay |
| Withdrawal methods: | Bank transfer, Visa, Maestro, Mastercard, American Express, Neteller, PayPal, Skrill, UnionPay |
About trading with FxPro
| Minimum deposit: | 100 USD |
| Min. trade: | 0.01 |
| Spreads: | Variable |
Underlying assets: Might be a CFD. | Forex (70), stocks, commodities, indexes, cryptocurrencies (5) |
| Mobile app: |  |
| MetaTrader 4: | |
| Other trading platforms: | MT5, cTrader, FxPro Edge, WebTrader |
| Social trading: |  |
Random reviews of competing CFD brokers: Top1Markets, FXGlobe, EasyMarkets and BICFX
Frequently Asked Questions
🧐 Is FxPro a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if FxPro is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with FxPro is very simple, just register on their website.
📱 Does FxPro offer the best mobile app for trading?
FxPro offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the FxPro mobile app.
⚖️ Would you recommend me FxPro?
FxPro is one of tens (possibly hundreds) of brokers operating in the European Union, United Kingdom and South Africa, and that's why it makes no sense to choose FxPro as a broker where you trade before you compare it with competitors.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
| Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
|---|---|---|---|---|---|---|
 | | 100 USD | 1.0 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Etoro. |
 | | 0 | 0.9 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of XTB. | In-house built platform | FCA CySec | xtb.comreview EUR/USD*: 0.9 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of XTB. 74% of retail investor accounts lose money when trading CFDs with this provider |
 | | 100 USD | 0.8 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Plus500. | In-house built CFD platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 15.11.2024 at 11:12 from the web or trading platform of Plus500. 80% of retail investor accounts lose money when trading CFDs with this provider |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Etoro 51% of retail investor accounts lose money when trading CFDs with this provider - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with FxPro, please share it in the comments to help others to choose the suitable broker.
Everything regarding fxpro is top top level and I am so appreciative to myself that I did not hesitate to open an account in that broker.❤️ I can name a lot of positive sides of fxpro but I will talk about the withdrawals which are as easy as possible. It does not take a lot of time to process even if you are withdrawing 5 figures. Now I do not scared to take my money back!
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The diversity of good things that we can name about fxpro is pretty impressive. I experienced everything that is somehow connected with brokers’ daily business. For me, as one of the traders and rational people, the most important thing is the safety of my money and the ability to get it whenever I want. And I want to be sure that it’s still safe when it is not cash in my wallet. Also, a couple of times I faced support guys, and they didn’t hesitate to help me. So I appreciate it. What about spreads, fees, platforms and stuff like that? It’s very solid.😚
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Are Islamic accounts available for Muslim traders at FxPro?
Yes, FxPro does offer Islamic accounts, also known as swap-free accounts, for Muslim traders. These accounts comply with Islamic finance principles, ensuring that no interest or swap fees are charged on overnight positions. Muslim traders can trade in accordance with their religious beliefs while enjoying the benefits and features of FxPro’s trading platforms.
Yes they do offer that, and if I am not mistaken it is a very old feature of the fxpro.
One of the major advantages of FxPro is the reliability of their technical infrastructure. The deposit\withdrawal process is also transparent and smooth.
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Fxpro is a very appropriate alternative to many existing brokerages on the market. It offers a sleek infrastructure, fancy trading platforms which are distinguished by quite a high performance, possibiltiy to get involved into algo trading, a couple of trading accounts and so on.
Me, personally, positively,. assess the activity of this company and I hope it will continue improving conditions!
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Fxpro has an awesome spread policy. To be precise the execution policy which greatly affects the spreads and other trading conditions.
They have built a true STP trading environment which includes tight spreads and minimum slippages as a consequence.
I’m not even talking about the overall credibility of the company that it gained through all those years by hard work and devotion to the forex market and their clients.
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I admire the trading ecosystem this broker has created. Even when I wasn’t a client of this company yet, I realized that traders who trade on the broker’s platform feel comfortable.
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FxPro offers a wide range of trading instruments, allowing me to diversify my portfolio easily. From forex to commodities and indices, I have access to all the markets I need in one place.
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Such a low min deposit, for a broker of this quality is honestly exciting.
Everyone can experience what it means to trade with a renowned company, for just a $100 fee
In the beginning I couldn’t believe myself. However to make more profits you have to have higher deposits at hand. You go to remember that. And even Fxpro reminds you about that with the minimum recommended sum for deposit.
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I appreciate how FxPro sponsors various events and organizations. It shows that they’re committed to their clients and the industry. The dynamic leverage offered by FxPro is also fantastic.
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It will actually be way better if they remove CFDs for crypto and add real ones but, if they add a couple of more CFDs for crypto it can also be good. And they made that economic calendar which is super useful. If they make it a little bit more for the average trader, like adding a couple of more indicators about future movement in cases of good or bad news that could be game-changing! Waiting for some more!
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Can I use the cTrader as a beginner? Or do I have to trade with another platform to make money and experience first?
Surely you would be able to find beginner courses on how to use the cTrader platform. The developers most definitely factored in that inexperienced traders would use their platform and hence, made it usable for even first timers.
The approach of this broker to traders is amazing. I mean it really cares about its clients providing them brilliant trading conditions and surrounding them with friendly atmosphere that is so important for us…
Not all brokers are capable of offering something that we really need. Despite the fact, FxPro offers tons of different functions, they don’t hinder us at all. At least, I speak for myself, I use many of them, as many I can, cuz I understand how the company strived to do everything to please customers. Perfect.
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Today I remembered that it’s been two years since I opened a tradng account with this company and started trading.
Time passed quickly. It seems like it was only a week ago.
I guess that these years of successful interaction with the broker are the most obvious assessment. I’m satisfied with everythng this company has provided me and hope to be able to trade with this broker for many years.
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There are just so many things you can do with FxPro man. It opens so many doors. It is like the pro version of an application where every feature is unlocked, and you can potentially do anything with it. A lot of the opportunities and features you get with fxpro: you can’t even ask them from other brokers, they probably would not know what they are. On top of that, the broker has heavy investments in its structure that there is just massive amounts of liquidity, so that the possibility for requotes and slippages and mishaps like that are quite minuscule.
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I opened trading account with this company mostly due to one FxPro review.
It was detail review describing all the company’s services.
After reading it, I realized that the company’s trading conditions and tools to its clients also suited me.
After several months of trading, I realize that my choice was absolutely correct. I don’t think I could have succeeded with any other broker.
I’m glad that some traders share their experiences with other people. It helps a lot for beginner traders. I remember when I was in doubt and couldn’t make a decision but thanks to that guy’s explanations I understood that I had to act.
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The versatility of having MT4, MT5, and cTrader platforms in one place is fantastic. FxPro gives me the best options to suit my trading style.
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It’s arguably one of the best forex brokers for beginners. That’s exactly the reason I made an account here. It’s probably the best bang for your buck option at the moment.
For just $100 minimum depo I get access to multiple financial markets, trading platforms and many more features.
Speaking of trading platforms, can I trade ALL cryptocurrencies on the Fxpro custom platform?
That’s actually an important question, kick me if there is an answer. I am also interested in that!
Being a money-seeker isn’t an easy task, guys, I should say. You need to put lotta effort to find a proper broker. 💪
Fortunately, I encountered Fxpro and things went uphill! I trade here everyday and still discover new features the company possesses.😋
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FxPro’s No Dealing Desk (NDD) execution model also ensures that clients receive fast⚡ and efficient💪 execution on their trades, making it easy to take advantage of market📊 opportunities as they arise. This really makes the broker special.
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FxPro’s customer service is seriously top-notch💪! They always go the extra mile to make sure they meet their clients’ needs. They’re known for being one of the most reliable and trustworthy brokers out there🔒. Sure, their trading fees might be a bit higher than some others🤑, but honestly, their service and support are so good that it’s totally worth it.
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What knowledge of econonomics and finance do I need to trade on the platform of this broker?
I trade here for a couple of weeks maybe and everything is good so far🤞
Even though I deposited the minimum amount for opening a real account and trade small volumes I was able to earn some bucks💵
However if I trade on a MT4, do I need to try all the trading platforms available at fxpro?
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Have you traded on the cTrader platform and used cBots?
I like fxpro because they provide a lot of trading opportunities for traders. There are several account types here, you can choose what you want and you can test it on the demo for free. The spread is pretty good, with fast withdrawals, well-timed and detailed analytics. I enjoy trading with them.
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It’s great to find such a credible brokerage company that is also a suitable place for me specifically. Since I try to combine the manual trading with algo trading experience.
And with the fxpro VPS and totally appropriate trading platforms for applying trading bots🤖 I have absolutely no struggles with these two completely different trading possibilities💪
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What’s the maximum size of the leverage I can apply to my positions?
It actually varies on the type of instrument you are trading and the size of lots that you use. In general, FxPro provides distinct leverage ratios according to the asset being traded. Specifically, forex pairs can have a maximum leverage ratio of up to 1:500, while for other instruments, such as shares, indices, and commodities, the maximum leverage is up to 1:125.
Well allright, this company wasn’t the magic wand that helped me become a great trader 😀 I took courses, got a mentor and read a lot of books, and I practiced for days without sleeping 😀 But this was definitely the platform I needed to implement all my strategies. This broker can surely handle it.
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What happens if I incorrectly determine the direction of price movement? Will I end up with a negative balance?
The lowest you can go to is zero. FxPro’s all platforms has security and protection measures in place. First of all, when you lose a significant portion of your overall margin, you get automatically stopped out of your positions, and there is the negative balance protection, which protects you to go below zero and end up in a position where you have to top up your negative balance, where you owe the broker money, where you need to sell your real assets, get a credit or anything bad like that. Even though you are protected from situations like this, it is smart to try and not end up in a losing position in a first place.
Follow and monitor your positions & your portfolio at all times and cut your loses quick, before they cause you more damage.
Last year I traded on the FxPro Ctrader. Quite comfortable and modern platform, I satisfied. The UI is convenient for me, there are a lot of tools, good analytics and no requotes. Orders opens and closes immediately. As for me, Fxpro provides quite honest and qualified service.
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