4.4/5

  • 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 NameFxPro
Headquartered UK
Year Founded 2006
Website https://www.fxpro.com/
Demo Account Yes
Maximum Leverage200x
Platform TypesComplete MetaTrader Suite (MT4 & MT5), FxPro trading platform and cTrader
Minimum Deposit$100
Customer Support24/7
Regulatory AuthoritiesFCA, 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.  MT4 Web fxpro

Features Of MT4

  1. 50+ pre-installed technical indicators
  2. 24 analytical charting tools
  3. 3 chart-types and 9 time-frames
  4. 1-click trading and trading directly from the charts
  5. Customisable charts
  6. Allow adding of custom EAs and indicators
  7. 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

  1. 38+ preinstalled technical indicators
  2. 44 analytical charting tool
  3. 3 chart types and 21 time-frames
  4. Additional pending orders (sell stop limit & buy stop limit) 
  5. Detachable charts
  6. Depth of Market
  7. 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.  FXPRO Trading Platforms

Features Of Fxpro Trading Platform

  1. Fast Sign-up
  2. Integrated trading platform
  3. 6 chart types with 15 time-frames
  4. 50+ technical indicators
  5. 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

  1. 55+ preinstalled technical indicators
  2. 6 charts and types and 28 time-frames
  3. Level 2 depth of market
  4. Custom time zone
  5. No restrictions on stop or limit levels
  6. Additional pending order (sell stop limit and buy stop limit)
  7. 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

  1. Education : FxPro offers basic and advanced trading knowledge that includes fundamental analysis, technical analysis, psychology, and trading tests. 
  2. 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. 
  3. 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 platform

1. 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 InstrumentForex, Metals, Indices, Energies, futures shares
Trading PlatformsMT4 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 levels1 pip minimum from current/entry price for most majors
Execution TypeInstant
Execution ModelNo Dealing Desk Intervention
Account TypeHedging
Stop-out 50% (all entities)

2. FXPro MT4 Market

Features Of FXPro MT4 Market
Trading InstrumentForex, Metals, Indices, Energies, Futures, Shares, Cryptocurrencies
Trading PlatformsMetatrader 4 desktop MT4 Webtrader MT4 mobile app for iOS / Android FxPro EDGE web FxPro Mobile app for iOS/Android
Minimum Trade size0.01 lots
Trading costsAll instruments: Marked-Up floating spreads (zero commission) Swaps/rollovers are applied when a trade is kept open overnight.
Min stop levels1 pip minimum from current/entry price for most majors
Execution TypeMarket Execution
Execution ModelNo Dealing Desk Intervention
Account TypeHedging
Stop-out50% (all entities)

3. FxPro MT5

Features Of FxPro MT5
Trading InstrumentForex, Metals, Indices, Energies, Futures, Shares, Cryptocurrencies
Trading PlatformsMetatrader 5 desktop MT5 Webtrader MT5 mobile app for iOS / Android FxPro EDGE web FxPro Mobile app for iOS/Android
Minimum Trade size0.01 lot
Trading costsAll 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 levels1 pip minimum from current/entry price for most majors
Execution TypeMarket execution
Execution ModelNo Dealing Desk Intervention
Account TypeNetting or Hedging
Stop-out50% (all entities)

4. FxPro CTrader

Features Of FxPro cTrader
Trading InstrumentForex, Metals, Indices, Energies
Trading PlatformscTrader Desktop cTrader Webtrader cTrader mobile app for iOS / Android
Minimum Trade size0.01 lot
Trading costsFX & 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 levelsNo minimum
Execution TypeMarket Execution
Execution ModelNo Dealing Desk Intervention
Account TypeHedging
Stop-out50% (all entities)

5. FxPro Trading Platform

Features Of FxPro Trading Platform
Trading InstrumentForex, Metals, Indices, Energies, Futures, Shares, Cryptocurrencies
Trading PlatformsFxPro mobile app for iOS/Android FxPro EDGE web Metatrader 4 desktop MT4 Webtrader MT4 mobile app for iOS/Android
Minimum Trade size0.01 lot
Trading costsAll instruments: Marked-Up floating spreads (zero commission) Swaps/rollovers are applied when a trade is kept open overnight.
Min stop levels1 pip minimum from current/entry price for most majors
Execution TypeMarket Execution
Execution ModelNo Dealing Desk Intervention
Account TypeHedging
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:

  1. FxPro MT4 Instant (with fixed spreads),
  2. FxPro MT4 Instant (with floating spreads), 
  3. FXPro MT4 Market, FxPro MT5, 
  4. FxPro CTrader
  5. 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.