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 01.11.2024 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 01.11.2024 at 11:12 from the web or trading platform of Etoro. |
 | | 0 | 0.9 pips Spread was taken 01.11.2024 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 01.11.2024 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 01.11.2024 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 01.11.2024 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.
Their reputation acts as a magnet for new clients. Impressive it is.
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I have mostly been trading gold but I have not been really successful. Any advice? or is there another instrument I should be trading?
Well, certainly. There are many instruments that you could trade. But in order to properly give you advice, I would need to know why you are not successful in trading gold. Is it volatility… what exactly makes you loose? However, you can trade the currency pairs. Go for the majors, because they are very liquid with little volatility.
You can also make use of the brokers educational materials which are available on the website. Maybe it will help you figure out why you are not profitable.
These are pretty amazing to trade with, but some information here and even on their website is actually misleading. They have LESS spread then they write, and they have many additional account types, specific to trading platforms.
For example, for cTrader I use one called “Hedging”. It allows me to hold many positions on the same asset, even in opposite directions. And close them one by one. Spread is very very low, but on forex there is a comission of $3.5 per side per lot. Still extremely worth it, of course.
For MT5 there’s even more, you can choose Hedging or Netting on every single account type they offer (Standard, elite, raw+). A whole bunch of accs with different trading conditions.
This is one platform thats just drowning you in choice, lol
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FxPro is like that one friend we all have who always shows up on time and never flakes 😀
It is rock-solid reliable and makes you compare everything to it.
FxPro excels in every aspect of its services, but what I like the most is how fast withdrawals are and how easy they have made managing funds through the wallet on the platform.
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This is a very complex broker, with lots of trading platforms, mary variable assets, different levels of accounts etc. I wasnt comfortable with all of this at first, but their support is pretty friendly. They answered my questions about fees and best account for me to start with, and even linked materials I can read to be acclimated to trading wht I wanted (I think oil is the easiest for long-term, less news involved).
Made some profits sticking to my startegy, but withdrawals are long. They say its few hours, but usually its a day for me. Also no withdrawals on weekends at all =/
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I am quite convinced of the reliability of this broker.
I can’t say that I fully trust it, because trading is such a field where you have to vigilant all the time, but I have no issues with depositing or withdrawing of funds. Everything happens quickly, without delays, but it depends on the preferred method. Their FxPro wallet is a full-fledged system for streamlining withdrawals and deposits and it’s convenient.
The same is true about the infrastructure. I work on a cTrader and it performs good enough, you can literally drown in that array of instruments for market analysis 😆😆
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The Fxpro broker is pretty user-friendly and this is obvious, since the company offers instruments not only for newbies and intermediate traders, but also for seasoned ones.
It’s quite a rare thing, cuz usually brokers focus only one group of traders, but here are some sophisticated tools like those integrated into the cTrader platform which allows to create intricate strategies.
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I can give an assessment from a trader who spent A LOT OF TIME studying features of this broker.
I want to say that I have a lot of information about how this company does its work and I can share some conclusions.
First of all, I want to start with this broker’s status. I think that many traders, like me, have known about this company for a long time.
As for the specifics of trading conditions, they are quite balanced. And besides, broker uses special order execution system.
By the way, based on these conclusions, I opened an account with this company.
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Let me just briefly touch on as many aspects as possible to give you an objective picture of how FxPro is doing.
Regarding its reliability, I think there is no better-regulated broker, which probably contributes to its popularity.
They have a few trading accounts, but the good thing is that they have both live floating spreads and raw spreads accounts.
As for the trading engines, they excel. All the popular apps are integrated. 👍
Customer support is one of the best that I have communicated with. They are not only prompt but also knowledgeable and truly helpful.
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I tend to monitor what guys say on the forums, what reviews they leave and the fxpro broker has quite cool reviews! Well, it’s tough to questions its reputation, but anyway sometimes people claim that it’s not as reliable as it could be… But for me these are just tales, since I work with this broker for a couple of weeks and everything is fine.
No issues with depositing funds or making deals.
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What is the advantage of the FxPro wallet?
FxPro wallet is a helpful tool and let me explain how it works. If you are trading everyday and make a lot of profit, for example, you don’t want to hold your profit money in the trading account and at the same time don’t want to withdraw this money.
You can transfer money to your FxPro wallet and hold as much as you want and then after a huge amount of money you can withdraw once avoiding fees.
The biggest advantage of this broker over others is the speed of order execution.
Whenever I place a trade, it gets executed like instantly, in fractions of a second!
As for trading conditions like spreads, I think they can be lower, sometimes I do not find good scalping entries.
As for customer support of FxPro, generally they are fine, but with some room for improvement.
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I have been submitting trading orders for quite some time already. At the beginning , I remember when I read abouts broker’s claimed speed of order execution, it stuck in my mind. Perhaps, I got affected because it was a critical component in my style of trading. Yeap, I trade mostly using short-term strategies that incroporate technical analysis and event-driven catalysts.
The first trades I made impressed me how the broker’s platform executed them – it was just lightning fast. No wonder FxPro claims that orders are executed in a matter of several miliseconds.
Same can be said about funds transfers, the overall process is smooth and I always received my withdrawn money on time.
Leverage and spreads are quite attractive and optimal for trading.
As for customer support, they replied fast most of the time.
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This trading platform is relatively robust.
Trading conditions also come to my favor because I love this variety of platforms, accs, various tools for analysis and so on.
However, I should say the reaction time of their client support didn’t impress me. Maybe they were overloaded and that was the reason of the small delay.
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How should I define which account to choose if I have $1k on hands?
This is a reliable broker that does best for customers of the company. I prefer to trade on the Forex market and I can share experiences with them. There are such tight spreads and low commissions that increase my profit from trading. I like the fact that they have low costs of fees.
There are also many ways to make deposits and withdrawals and it is very convenient for me but the transactions are slow, although it is not a big deal. The trading platform is great and it has lots of functions for effective trading and I could adapt to it quickly. There are competent and friendly people in customer support, they are always ready to help me with any issues.
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I believe Fxpro broker is the one which pops in the mind when a trader wishes about working with a robust trading mediator.
There are many licenses, even though I am not sure it can REALLY has such a multitude of regulations, but anyway.
Trading terms are favorable here, my favorite account is Raw+ as depo sum isn’t significantly different from Standard acc. Spreads are tight, the only thing is that minimum number of lots is 0.1, but it’s not a big deal.
Client support are also responsive, they can guide you through the whole platform.
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according to many parameters FxPro takes leading positions in ranks.
they include reliability, reputation, trading conditions, customer support and some others. I would say all of them confirm the broker’s desire not only to be the top firm in the list, but to please traders as well.
maybe trading conditions initially can be confusing, especially that hassle with minimum deposit, accounts, spreads whether they are all inclusive or there are commissions like in case of FX pairs on Raw and Elite accs. but these are insignificant details…
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When I first encountered the broker I was amazed by how many accounts it offered. Each account had its own distince features, but most importantly the thing that caught my attention immediately was almost 0 spreads on soem account types. But I chose and went with Pro Account.
The pool of assets is really huge, I mostly traded liquid US stocks and major forex pairs.
Wiht my account I did not generate much commisions when opening sizeable scalping positions on fx because I traded major pairs and on some pairs on general the spread was around 0.6 pips sometimes a bit higher though, but stil acceptable.
Also, with the broker I understood the power of the modern cTrader platform.
However, when addressing customer support I had to wait a bit
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Guys you should have a look at the broker. Having traded with FxPro for several months, I can tell it is a rock solid place.
The range of assets I can choose from is huge. RIght now two most exciting markets like crypto and stock market are available from the broker. You will not get high costs during trading.
Also, the platforms offered are dope.If you like traditional MT4/5, they are present, but also cTrader can be found there too. Pay attention to cTrader, it has many indicators that can make your charting experience very rich ad help you detect patterns faster.
Customer support responds quickly in case you have questions.
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I have been a customer using FxPro’s services for some time already and can say the overall the broker is solid place for traders. Costs formation is not a problem when trading with them as the spreads are thin.
Orders are executed really fast , as I remember they are executed at Equinix Data centres in LD4 London.
Possible to trade a broad stack of markets. DIfferent platforms are there , choose the one you prefer. MT4/5 are included , pluse additional cTrader and their own unique FxPro platform.
Customer support responds well, but sometimes I think it can better. 🙂
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What is a FxPro Wallet and do I have to get one?
Once you create an account, a wallet comes with it. That is where all your transactions are made. Your wallet is separate from your trading accounts, so if you have multiple trading accounts, it will be easy to make transactions from one place. Fund one wallet, and you can distribute funds as you wish to your accounts.
Fxpro wallet is an ultimate solution by the fxpro broker for managing funds.
You can seamlessly transfer funds across all your accounts with increased speed and absence of any fees. It’s like a… hub for your money, so to speak, devised for streamlining interaction with the platform.
I bet you can agree that sometimes all this money hustle is very annoying and rarely bring satisfaction. (unless these are profits withdrawals 😎) In this regard guys made a move forward and embedded this wallet.
Participation in trading contests with cash prizes not only added a competitive element but also allowed me to test my strategies in a competitive environment.
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Utilizing FxPro’s trading signals has positively impacted my decision-making process. The accuracy of signals and timely notifications provide valuable insights into potential market opportunities. This added support enhances the overall trading experience.
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FxPro’s account verification process is efficient and hassle-free. The clear instructions and prompt verification contribute to a smooth onboarding experience. This efficiency is reflective of FxPro’s commitment to providing a user-friendly environment.
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I never thought I would find a platform like this, that was very fast with transactions like FXPro. Truth be told, I was initially scared but once I got my first withdrawal, my motivation became strong. Additionally, they offer very tight variable spread from major, minor, and exotic pairs with the popular MT4 & 5, and others, and varieties of market instruments to choose from. All these won’t be complete if their website is hard to navigate and they have an unreachable support team.
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I relish my experience with the Fxpro, this is a reliable financial entity supervised by even more hefty organizations, it has a lot of regulations, so there’s no question about its reliability.
As for trading environment, then it was confusing for me initially, as you know, all these conditions, accounts types, some accounts have commissions on trading gold, others don’t, the same is about forex pairs and so on… quite tangled.
But, anyway, it doesn’t spoil an impression radically.
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As a beginner, I greatly appreciate the availability of educational resources like webinars and articles. It helped me understand the basics of trading and expand my knowledge without needing to look for information elsewhere.
What is the maximum trading leverage on this platform?
it can totally depend on the asset of your choice, your account type and your jurisdiction man.. that’s a quite complex question.
if you’re from the euro area, i think the maximum is 30 on any asset but that also gets smaller and bigger with the assets, so, the best case scenario is check that on the platform or the website from wherever you are 😀 because I can now say that you can do a 100x or a 500x or 30x, but then it can be different on your device. Ask customer support with your details if you want, they’ll pitch the most accurate info to you
FxPro excels in every aspect of its services.
From a heavy regulation status to a flawless reputation for providing reliable services.
From meticulously crafted account types to many options for trading engines to choose from.
From tight spreads to lightning-fast execution speed of trades.
Pretty much everything. And for a broker of this calibre, I was surprised to see that still they keep themselves accessible with a fair and reasonable initial deposit requirement of only $100.
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