- Regulated
- Wide range of trading platforms
- Customer service 24/7
- High initial minimum deposit ($100)
- High overall trading costs
Overview
- Country of regulation:Cyprus, UK, Bahamas, South Africa
- Trading fees class:Low
- Inactivity fee charged:Yes
- Time to open an account:1 day
FxPro Review
Table Of Contents
At A Glance
Broker’s Name | FxPro |
---|---|
Headquartered | UK |
Year Founded | 2006 |
Website | https://www.fxpro.com/ |
Demo Account | Yes |
Maximum Leverage | 200x |
Platform Types | Complete MetaTrader Suite (MT4 & MT5), FxPro trading platform and cTrader |
Minimum Deposit | $100 |
Customer Support | 24/7 |
Regulatory Authorities | FCA, CySEC, SCB and FSCA |
FxPro Review – Overview
Fxpro is a multi-regulatory brokerage company that offers trading in a wide range of trading instruments like Forex, Indices, Metals, Futures, Energies, Shares and Cryptocurrency CFDs. FxPro is one of the most popular brokers that has received over 95 international awards for the quality trading services it provides.
The customer support is highly responsive and can be contacted 24/7 via live chat, email or call.
FxPro Review – Trading Platforms
FxPro offers 4 trading platforms – Complete MetaTrader Suite (MT4 and Mt5), FxPro Trading Platform, cTrader.
FxPro Review – MetaTrader4
MetaTrader is considered to be a standard hallmark in the Forex trading industry that offers advanced trading infrastructure and superior order execution.
Features Of MT4
- 50+ pre-installed technical indicators
- 24 analytical charting tools
- 3 chart-types and 9 time-frames
- 1-click trading and trading directly from the charts
- Customisable charts
- Allow adding of custom EAs and indicators
- News feed and broker mailbox
FxPro Review – MetaTrader5
MT5 is the advanced version of MT4 which is easy to use and is fully customisable. Traders can customise the platform according to their trading style.
Features Of MT5
- 38+ preinstalled technical indicators
- 44 analytical charting tool
- 3 chart types and 21 time-frames
- Additional pending orders (sell stop limit & buy stop limit)
- Detachable charts
- Depth of Market
- Integrated economic calendar
FxPro Review – FxPro Trading Platform
FxPro trading platform is a proprietary platform provided by FxPro broker to its clients that is exclusively designed for the trading requirements of the traders.
Features Of Fxpro Trading Platform
- Fast Sign-up
- Integrated trading platform
- 6 chart types with 15 time-frames
- 50+ technical indicators
- Volatility push button
FxPro Review – cTrader
Ctrader is a trading platform that uses cTID login functionality which allows traders to access all their accounts with a single click.
Features Of cTrader
- 55+ preinstalled technical indicators
- 6 charts and types and 28 time-frames
- Level 2 depth of market
- Custom time zone
- No restrictions on stop or limit levels
- Additional pending order (sell stop limit and buy stop limit)
- Detachable charts and linked charts
FxPro Review – Trading
FxPro offers a variety of trading tools and advanced trading platforms that covers all the needs of a trader.
Tools Offered By FxPro
- Education : FxPro offers basic and advanced trading knowledge that includes fundamental analysis, technical analysis, psychology, and trading tests.
- News And Analysis : This is a powerful information support provided by FxPro. The information includes economic calendars, earning calendars, market holidays, FxPro market news and technical analysis by trading central.
- Trading Tools : Trading tools include: trader’s dashboard, FxPro calculator, FxPro direct app, FxPro VPS, and download centre.
FxPro Review – Accounts
FxPro offers 6 types of trading accounts: FxPro MT4 Instant (with fixed spreads), FxPro MT4 Instant (with floating spreads), FXPro MT4 Market, FxPro MT5, FxPro CTrader, and FxPro Trading Platform.
Fxpro MT4 Instant (With Fixed Spreads) And Fxpro MT4 Instant (With Floating Spreads)
Features of FxPro MT4 Instant (with fixed spreads) and FxPro MT4 Instant (with floating spreads) | |
---|---|
Trading Instrument | Forex, Metals, Indices, Energies, futures shares |
Trading Platforms | MT4 Desktop MT4 WebTrader MT4 mobile app for iOS/Android FxPro EDGE web FXPro mobile app for iOS/ Android |
Minimum Trade size | 0.01 Lots |
Trading costs | MT4 Instant account all instruments: Marked-Up floating spreads (zero commission) MT4 Fixed Spreads account: Fixed spreads on 7 major FX pairs MT4 Fixed Spreads account all other instruments: Marked-Up floating spreads (zero commission) Swaps/rollovers are applied when a trade is kept open overnight. |
Min stop levels | 1 pip minimum from current/entry price for most majors |
Execution Type | Instant |
Execution Model | No Dealing Desk Intervention |
Account Type | Hedging |
Stop-out | 50% (all entities) |
FXPro MT4 Market
Features Of FXPro MT4 Market | |
---|---|
Trading Instrument | Forex, Metals, Indices, Energies, Futures, Shares, Cryptocurrencies |
Trading Platforms | Metatrader 4 desktop MT4 Webtrader MT4 mobile app for iOS / Android FxPro EDGE web FxPro Mobile app for iOS/Android |
Minimum Trade size | 0.01 lots |
Trading costs | All instruments: Marked-Up floating spreads (zero commission) Swaps/rollovers are applied when a trade is kept open overnight. |
Min stop levels | 1 pip minimum from current/entry price for most majors |
Execution Type | Market Execution |
Execution Model | No Dealing Desk Intervention |
Account Type | Hedging |
Stop-out | 50% (all entities) |
FxPro MT5
Features Of FxPro MT5 | |
---|---|
Trading Instrument | Forex, Metals, Indices, Energies, Futures, Shares, Cryptocurrencies |
Trading Platforms | Metatrader 5 desktop MT5 Webtrader MT5 mobile app for iOS / Android FxPro EDGE web FxPro Mobile app for iOS/Android |
Minimum Trade size | 0.01 lot |
Trading costs | All instruments: Marked-Up floating spreads (zero commission) Swaps/rollovers are applied when a trade is kept open overnight.1 pip minimum from current/entry price for most majors |
Min stop levels | 1 pip minimum from current/entry price for most majors |
Execution Type | Market execution |
Execution Model | No Dealing Desk Intervention |
Account Type | Netting or Hedging |
Stop-out | 50% (all entities) |
FxPro CTrader
Features Of FxPro cTrader | |
---|---|
Trading Instrument | Forex, Metals, Indices, Energies |
Trading Platforms | cTrader Desktop cTrader Webtrader cTrader mobile app for iOS / Android |
Minimum Trade size | 0.01 lot |
Trading costs | FX & Metals: Reduced Spread plus $35 per $1 million traded (upon opening and closing a position). Indices & Energies: Marked-Up floating spreads (zero commission) Swaps/rollovers are applied when a trade is kept open overnight |
Min stop levels | No minimum |
Execution Type | Market Execution |
Execution Model | No Dealing Desk Intervention |
Account Type | Hedging |
Stop-out | 50% (all entities) |
FxPro Trading Platform
Features Of FxPro Trading Platform | |
---|---|
Trading Instrument | Forex, Metals, Indices, Energies, Futures, Shares, Cryptocurrencies |
Trading Platforms | FxPro mobile app for iOS/Android FxPro EDGE web Metatrader 4 desktop MT4 Webtrader MT4 mobile app for iOS/Android |
Minimum Trade size | 0.01 lot |
Trading costs | All instruments: Marked-Up floating spreads (zero commission) Swaps/rollovers are applied when a trade is kept open overnight. |
Min stop levels | 1 pip minimum from current/entry price for most majors |
Execution Type | Market Execution |
Execution Model | No Dealing Desk Intervention |
Account Type | Hedging |
Stop-out | 50% (all entities) |
Conclusion
FxPro is a highly regulated and trustworthy brokerage company that is one of the oldest brokerage companies. It is an excellent choice for experienced and novice traders due to the advanced trading tools and educational material available. In spite of that, traders must do their due diligence before committing to any broker.
FXPro Review – FAQs
Yes, FxPro is regulated by FCA, CySEC, SCB and FSCA.
The maximum leverage offered by FxPro is 200:1.
FxPro offers 6 types of accounts:
- FxPro MT4 Instant (with fixed spreads),
- FxPro MT4 Instant (with floating spreads),
- FXPro MT4 Market, FxPro MT5,
- FxPro CTrader
- FxPro Trading Account.
You can trade the following trading instruments with FxPro:
- Forex
- Metals
- Indices
- Energies
- Futures
- Shares
- Cryptocurrencies
Yes, FxPro offers a demo account.
The minimum deposit required for opening an account is $100.
FxPro offers four trading platforms, MT4, MT5, FxPro Trading Platform and cTrader.
Yes, you can. FxPro allows traders to open a maximum of 5 diffferent accounts.
Yes. To open a joint account, each trader must first open an individual FxPro account and then fill a Joint Account Request Form.