FXPro Review
Key Facts
Regulation
FCA · CySEC · SCB+1 more
Broker Type
NDD
Min. Deposit
$100
Platforms
FXPro Mobile App, FXPro WebTrader, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
Fees
Low
Max Leverage
1:Unlimited
Demo Account
Yes
Inactivity Fee
-
Our Ratings
4.4
out of 5
Safety & Regulation4.5
Fees & Costs4.6
Platforms & Execution4.6
Education3.5
77% of retail FX and CFD accounts lose money.
FXPro - At a Glance
Company & Overview
- Headquarters
- 13-14 Basinghall Street, City of London, EC2V 5BQ, UK.
- International Offices
- United Kingdom, Bahamas, United Arab Emirates
- Broker Type
- NDD
- Regulation
- FCA (United Kingdom), CySEC (Cyprus), SCB (Bahamas), FSCA (South Africa)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Yes
- Languages
- English, Spanish, Portuguese, French, German, Arabic, Italian, Indonesian, Malaysian, Korean, Polish, Czech, Chinese, Vietnamese, Thai, Hindi, Mongolian, Ukranian, Dutch, Swedish, Bulgarian, Finnish, Lithuanian, Danish, Croatian, Estonian, Norwegian, Romanian, Japnese, Turkish, Russian
- Customer Support
- Live Chat, Email, Phone
Account Types
- Demo Account
- Yes
- Swap Free Account
- Yes
- Joint Account
- Yes
- Managed Account
- Yes
- PAMM / MAM Trading
- Yes
- Social / Copy Trading
- No
Account Conditions
- Minimum Deposit
- $100
- Payment Methods
- Bank Transfer, Local Bank Transfer, Credit Card, Debit Card, Paypal, Skrill, Neteller, Perfect Money
- Account Currencies
- EUR, USD, GBP, CHF, JPY, PLN, AUD, ZAR, NGN, VND, THB, MYR, IDR
- Maximum Leverage
- 1:Unlimited
- Bonuses
- No
- Contests
- No
Trading Conditions
- Markets & Products
- Forex, CFDs, Spread Betting
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 10000
- Decimal Pricing
- 5 decimals
- Hedging
- Yes
- Scalping
- Yes
Fees & Costs
- Spread Type
- Variable
- Spread From
- Standard Account: 1.2 pips, Raw Account: 0.0 pips, Elite Account: 0.0 pips,
- Commission
- Standard Account: No commission, Raw Account: $3.5 commission per lot per side, Elite Account: $3.5 commission per lot per side + Rebates
Platforms & Tools
- Trading Platforms
- FXPro Mobile App, FXPro WebTrader, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
- API Access
- Yes
- VPS Hosting
- Yes
Pros & Cons
Pros
- Strong global regulatory framework
- Fast and easy account opening process
- Low minimum deposit
- Free deposit and withdrawal
- Negative balance protection
- Low forex fees
- Multiple fast and secure payment methods
- Multiple account currency options
- Demo account available
- Islamic (swap-free) account available
- User-friendly mobile and web platform
- Supports TradingView, MT4, MT5, and cTrader
- No restriction on trading styles
- Integrated PAMM trading features
- Good customer support service
Cons
- Limited product selection
- Educational offering are fairly basic
- No integrated social and copy trading features
- $15 one-time account fee plus $5 monthly inactivity charge after 6 months of inactivity
- Customer support is not available 24/7
