FxPro.com Review

Founded in 2006, FxPro is a global forex and CFD broker with a longer history than many competing platforms (16+ years), and a great degree of trust to go along with it. Its good reputation in the market has pushed the company past several milestones, including attaining the 1.3 million-client mark (in 170+ countries), 370,000,000 orders executed, and a prestigious sponsorship with the McLaren F1 team. FxPro has more than 100 international awards and was voted Best Forex Provider by the Financial nine years running, as well as Best Trading Platform 2020. . It still enjoys high popularity among traders in the UK, Europe, and elsewhere in the world for security, speed, and cost efficiency.

FxPro offers seven different asset classes including forex, shares, indices and much more via the MT4 and MT5 platforms as well as cTrader—a platform built for more advanced trading. The company’s fast execution speeds extend to it’s native mobile app. Client fund safeguarding, stellar business credit, and regulatory compliance with CySEC (and FSCA), , FCA, FSCM, and SCB ensures that FxPro traders are as safeguarded as they are effective in navigating the market

Broker Pros & Cons

PROS

  • Many types of tradable instruments

  • High level of security and trust

  • cTrader enables advanced algorithmic trading

  • Low spreads and advanced order execution

  • Great 24/5 customer service
CONS

  • No anonymous demo account

  • No guaranteed stop loss trade type

  • Less market news and analysis

Broker Regulated By


  • CySEC

  • FCA

  • SCB

  • FSCM

Account Option

Broker Type
NDD (No Dealing Desk) BrokerMinimum Deposit: 100Maximum Forex Leverage:1:30Scalping:NoHedging:NoFree Demo Account:

Yes

Traders From USA:

No

Trading Platforms

24hr Trading

Charting Package

Streaming News Feed

Fees & Commissions


  • Rollover Fee

  • Margin Interest

  • Depositing Fees

Service Details

Supported Languages:

  • +27

Email Response Time:
Up to 48 HoursCustomer Service Hours:Email support within 24/7Telephone Orders:NoPersonal Account Manager:No

FxPro.com User Experience

Signing up for FxPro as a first-time member is straightforward and requires that you verify your identity and financial information, and then pick an account type and make your initial deposit. All account information is easily accessible and updated with a single click. To begin trading, find the instrument you prefer on the left side of the desktop dashboard and use the Trade window underneath it, or click on New Order on the top menu.

The FxPro experience on desktop is average for the industry and offers an interface that makes it easy to open positions and browse available instruments. Pricing and spreads are visible regardless of whether you’re on the MT4 desktop or MT5 mobile platform, and charting is made easy with several indicators and overlays activated with a single click. Those using cTrader will enjoy the ability to move their windows around, while the MT4 and MT5 layout is fixed.

As for mobile, users on iOS and Android can enjoy advanced charting from TradingView, pushnotifications on significant market moves and increased volatility, and will be able to set a custom favourites list inside the app. Mobile charting is now very advanced, with charts and trading tools provided by Trading Central. It also featurtes an integrated economic calendar with alerts, keeping you on top of the latest market news events.

Funded accounts also receive access to a wide range of technical analysis provided by Trading Central, while all other trading tools are accessible for all clients.

Final Thoughts on FxPro.com

FxPro is one of the most reliable and established brokers to trade with this year and makes a point to offer features that benefit beginner and advanced traders alike. Expert Advisor copy trading and the ability to see how other market participants trade is useful for uninitiated users, while the cTrader platform and its suite of advanced tools are ideal for experts. It’s tough to beat the broad array of platforms and account types, tradable instruments, and low trading fees.

REGISTER NOW FOR FREE!

FxPro-logo

REGISTER NOW FOR FREE!