FxPro group includes 3 related companies.
FxPro UK - located in the United Kindom, regulated by the Financial Conduct Authority (FCA).
FxPro CY - located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).
FxPro BS - located in the Bahamas, regulated by the Securities Commission of the Bahamas (SCB).
FxPro is also licensed in South Africa by the Financial Sector Conduct Authority (FSCA).
Be aware, UK and CY companies have some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
FxPro group accepts clients from all over the world, excluding USA, Canada and Iran.
Forex broker offers the following underlying assets for trading.
|70+ Currency Pairs||Based on major and minor world currencies.|
|5 Crypto Pairs||Based on Bitcoin, Bitcoin Cash, Etherium, Litecoin, Ripple.|
|25 Indice Cash CFDs||Based on baskets of different blue-chip stocks.|
|10 Indice Futures||Based on baskets of different blue-chip stocks and US Dollar Index.|
|6 Metal Spot CFDs||Based on Gold and Silver.|
|3 Energy Spot CFDs||Based on Crude Oil (WTI, Brent) and Natural Gas.|
|3 Energy Futures||Based on Crude Oil (WTI, Brent) and Natural Gas.|
|7 Soft Futures||Based on Cocoa, Coffee, Corn, Cotton, Soybean, Sugar and Wheat.|
|140+ Stock CFDs||Based on shares of US, UK, German and French companies.|
Perhaps best-known as a sponsor of football clubs such as Watford and Fulham, FxPro is a retail forex and CFD brokerage that has been operating in the industry since 2006. The company is headquartered in London and claims to have more than 100,000 clients worldwide. The broker serves clients globally, except for residents of the USA, Canada, and Iran.
The FxPro brokerage operates across the world under the companies FxPro Global Markets Limited and FxPro Financial Services Limited, which in turn controls four separate entities that are fully regulated in the UK, Cyprus, South Africa, and The Bahamas.
As most other forex brokers, FxPro employs a no-dealing desk (NDD) model for their order execution. Thanks to the company’s own in-house spot aggregator, it was awarded the best global forex broker for FX execution by Capital Finance International, which tells us that order execution at this broker is something even industry players keep an eye on.
In terms of available trading instruments, FxPro offers its traders the usual selection of forex pairs and CFDs based on commodity futures, equity indices, equities, precious metals, and energies such as oil and natural gas. In addition, the broker has also added the cryptocurrencies Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ripple (XRP) to its offering, although this is only available for clients who can legally trade under the broker’s UK or Bahamas-regulated entities.
FxPro further offers its users the choice between four trading platforms, namely the MetaTrader 4 (MT4), MetaTrader 5 (MT5), the popular CFD-focused cTrader platform, and its own proprietary FxPro Platform, also known as FxPro Direct. As usual, FxPro has also made these trading platforms available via mobile apps for Apple and Android mobile smartphones.
Although FxPro does not offer the “social trading” experience that some other brokers have introduced in recent years, “expert advisors” (EAs) and automated trading is still available through the MetaTrader platforms. As many experienced traders know, these platforms also include back-testing of trading strategies for those who prefer to use systematic, programmable trading strategies.
In terms of funding methods, FxPro allows its clients to use bank wire transfers, popular payment cards such as Visa, MasterCard, American Express (AmEx) and UnionPay, as well as the e-wallet services Skrill and Neteller. In addition to those, PayPal funding is also available for clients signed up with the Cyprus-registered branch.
One thing we like about FxPro in this respect is that deposits and withdrawals are processed freely for all funding methods as long as the client has made at least one trade. The minimum initial deposit is also pretty much in line with the industry standard of USD 100 or the equivalent in another currency. However, the broker still recommends depositing at least USD 1,000 to get the most out of the trading experience.
When it comes to trading leverage, FxPro has available leverage all the way up to 1:500 for international clients, while EU-based clients as usual are limited to a 1:30 leverage in order to stay compliant with the more restrictive ESMA regulations that were introduced in 2018.
As the base currency of the trading accounts, FxPro offers traders accounts denominated in USD, EUR, GBP, CHF, JPY, PLN, AUD, and ZAR, although the specific currencies available will depend on the trader’s jurisdiction.
Customer service hours at FX Pro follows market hours, meaning it is available 24 hours a day on all trading days. The support team is available via email, live chat, a range of local phone numbers, and a request for callback option. The quality of FxPro’s customer service is also generally seen as quite good, with no major complaints found in online discussion forums.
Lastly, another thing that stands out with FxPro is the large library of educational materials and free trading tools they have made available on their website. Spread comparison tables and economic calendars are among those things that always come in handy for traders. In addition, the broker offers a wide range of calculators that are free to use, including a pip calculator, stop-loss calculator, and a commission calculator for their cTrader platform. These are all unique features of this broker that we believe builds trust and transparency on the part of FxPro.
Good customer service. They are friendly and nice. I have been cooperating with this company for 5 months now, no complaints, the money withdrawal was fast. Good platform, too.
What impresses me most about Fxpro - is its stability for many years. Definitely one of the leading companies with European regulations. I tried to work with other companies several times but invariably returned to Fxpro.
Decent broker, I had doubts whether to start with this broker. However I dont regret. It seems that they have a serious approach to everything - from registration to payments. Well, it’s not for nothing that broker has so many achievements in all ratings. In short: I recommend Fxpro.
I have been with Fxpro for a full two years now and I have to say that their services are quite good, and I earned quite a good sum of money. Customer support is polite and unobtrusive. They solve the problems fast enough. And I have no problems with the platform and withdrawing the funds. These things are the main for me.
I have 1 year experience of trading with them without any negative issues. This broker provides really high level of service: stable connection, fast execution, clear conditions, useful web\mobile tools, professional customer service and fast deposit\withdrawal. Last time I have stable profits. So I have never regretted about my choice.
Very comfortable conditions for trading. FxPro has a lot of benefits for me: regulation, instant withdrawals, fast order execution, convenient platform, and helpful support.
I have an account with this broker, and I don't have any problems with Fxpro now. Really fair broker.
Nice brokerage. Сonvinient and easy UI. Live chats and analytics also very good. Informative website, quite good customer service, quick and smooth withdrawals. It is even hard to recall any serious flaws.
In general, I'm satisfied with the terms of trade. Working with FxPro is incredibly convenient and effective for me.
My rating is 4/5. I am satisfied. Just started using advisers, it's pretty profitable. If you need a stable broker, which has been on the market for a long time and with a normal spread try FxPro.
Yuri, FxPro doesn't work with such jurisdictions as USA and Canada.
Admins, please pay attention to such posts. It seems that it paid by competitors.
I am satisfied trading with this broker. Spreads are quite competitive, starts from 0 pips on cTrader platform. I appreciate their customer support, the support team always helpful. And the charts are great. Withdrawals are fast and I didn't have any extra commission.
They widely use so call partners as an advisers, and screw up customers, be careful, scum!
Overall I'm satisfied with fxpro services. As everywhere, there are minor shortcomings, but in general, this broker is quite old, reliable and provides good working conditions, especially because they make withdrawal easier offering a lot of payment methods.
I think it's a good broker. You can choose from a great selection of trading accounts and instruments what exactly you need. Online support works 24. Deposits and withdrawals without delays.
Trade with them for a long and they still my favorite broker. Never had any major problems. Trading and withdrawal processes are comfortable and smooth. So going to stay here.