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.
I think the overall rating is fair. I just do not understand why fxpro has refused to offer social trading to its customers. Maybe it is an issue with the regulations🤷. It would be nice to have that here.
Impressed by the platform’s transparency and reliability, which is important for maintaining trust and stability in my trading operations. Such clarity in operations makes it easier to commit to long-term trading strategies with confidence.
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This broker has many advantages and I sometimes meet positive feedback from other clients who write about its trading conditions.
But I want to write a positive review not about trading conditions, but about trading tools.
First of all, let me start with that Fxpro is one of those companies that provides its clients with cTrader trading platform.
I really like functionality of this trading platform. Especially like ability to use cBots. As it seems to me this type of trading has a lot of prospects.
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I feel sorry for the guys missing out on the opportunity to trade with the best broker in the world 😀
But you know what I say to my friends involved in trading when we argue about our choices of brokerage? Sooner or later everyone joins FxPro.
This is the broker that has probably the highest customer satisfaction score and those who came to trade on this platform will most likely stay trading here for good.
Seriously, guys, FxPro provides everything a trader would ever need. From excellent trading conditions to a wide choice of trading apps. Also, they made sure that their clients were up to date with the latest market news.
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FxPro prioritizes the security of its users, implementing robust encryption protocols and multi-layered security measures to safeguard personal information and funds, providing peace of mind to traders.
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when i put fxpro in comparison to other brokers, fxpro in my book wins all the time. it is cool for both new and experienced traders. love their trading tools, really helps with making decisions. the demo account is a big plus, lets you practice without risk. about withdrawals, they’re usually processed quick which is a relief.
Platform’s trade execution speed is remarkable, a key advantage for day traders. Occasional glitches need addressing for consistency. Support team is always on point.
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Brilliant forex broker. As far as I know it’s one of the leaders of the forex industry. It has a renowned name that has been around for many, many years.
So I recommend it to anyone who is interested in trading cfds.
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it is very good. obviously people like and enjoy here how low you can get in terms of your spreads on so many assets, that’s all good and necesary and i like it too but i also like the fact that i can use expert advisors anytime i want on metatrader 5 and i get the depth of market for my analyses, its super important to me, on top of that, if i am tradin without EAs, i have one click trading so i can pull the trigger on a position, get in and get out fast during the day.
that helps a lot sometimes 😀
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Is it possible to trade stocks with getting dividends on my account at Fxpro?
The trading of shares and stocks on the platform is limited to CFD trading. You do not actually own these assets, but it is just an agreement on the value of the assets.
It’s a pity fxpro, doesn’t provide a platform for social trading. That would be a top combination,. to invest in traders that work with this highly reliable entity.
As for the manual or algo trading; I have no questions at all. It’s one of the most reputable and favorable brokers out there, and justifiably so.
Fxpro is arguably the most client-oriented forex broker in my life.
And it’s great to trade with. Pricing is also impressive.
Also they forgot to mention in the review that Fxpro provides crypto payment methods which is a mandatory in this day and age.
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FxPro provides global market insights through its research and analysis, empowering traders with a deep understanding of geopolitical events and economic trends shaping the financial landscape.
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The interactive nature of FxPro trading community facilitates engagement, enabling traders to share insights, strategies, and experiences for mutual learning.
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What is the best platform to choose for a newbie here?
eToro
I must say this is a thorough review of all the important but technical aspects of the broker.
However, if we want to objectively assess what kind of a broker FxPro is we need to delve deeper into the execution policy of the broker, or what they call it the pricing model. Why do I think so?
Because FxPro has a unique execution policy that I haven’t seen with any other broker so far. The no-dealing desk execution at FxPro is in the true essence of the meaning of it. While other brokers also use this term, it is not 100% true. If you send the trade to a liquidity provider it will go to some dealing desks in reality.
While at FxPro, most of the trades are executed internally, between the traders without the intervention of the broker or liquidity providers.
I know this might be seen as a technicality, but this assures fast execution and tight spreads, which we all looked after.
FXPro’s 24/5 customer support is a lifesaver for those who trade outside regular market hours. They’re always there when you need them.
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Despite fact that rating given by clients to broker is not the highest, I consider ths company an excellent option to open trading account.
Judging by description on this site and what I have learned about company myself, this broker provides clients withh really favorable trading conditions.
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Trading aspect of the broker is excellent. The pricing is competitive and the execution on point. All my orders come on time like the Japanese trains:D
It’s interesting that such a prominent broker falls a bit short in the customer support area. The one that I would never think about it can fall short at.
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Truly impressed by the advanced analytics FxPro offers. A game-changer for my strategy.
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I like everything about FxPro broker besides withdrawing system. I must’ve sounded wrong, withdrawing system is flawless, but sometimes there may be tiny latencies. In case someone finds it crucial.
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To be fair, I don’t know about their desktop platforms since I only use their mobile platform, and I think it has some of the best trading conditions to offer in the markets. the spreads are so negligible, and if you make profitable trades, you don’t even notice your cost of trading. the app works brilliantly, and the customer support is always there for you.
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This is one of the best brokers I think, out there. There are a few shortfalls here and there though, but the broker is amazing overall.
The broker is quite affordable, and the pricing is really just perfect. Not just for me, but many people think so too. The minimum deposit for the broker is a hundred dollars, and using services such as the Fxpro VPS at a very affordable price. Or you could actually have a certain amount in your account to make it free.
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Customer support at FXpro rocks – they always got your back.
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FxPro offers an incredible range of trading instruments. From forex to commodities, it’s all there. This has allowed me to diversify my portfolio effortlessly.
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Fxpro is one of the best trading brokers in the world and I am very happy that I have the opportunity to trade with the best. They really do care about traders and try to make everything fun and easy.
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Fxpro excels pretty much in everything I suppose. Maybe there are some flaws here and there but they are not even flaws. They are just things that the broker has to improve a little bit to become the best of the best.
But if we assess the overall tradability so to speak and the transparency of its business, then I think there are hardly any other brokers that can compete.
I know some, but there are not many of them. Maybe the fingers on my hand would be enough to count.
And also fxpro tends to develop itself constantly so I have no worries.
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The insurance of funds through the investor compensation fund further strengthens my trust in FxPro, making them a reliable and responsible broker.
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With so many brokers out there, FxPro truly stands out with its innovative tools and client-focused approach. Trading has been so much smoother with them.
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The level of transparency and integrity I have experienced with FxPro is unparalleled. I appreciate their prompt customer service and the user-friendly trading platform. The educational resources they provide are also of great help.
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