FxPro is a London-based broker with a reputation for excellence in the global forex and CFD markets. Since its inception in 2006, FxPro has grown to serve over 2 million clients across 170 countries, offering a comprehensive and versatile trading experience. Whether you're a seasoned investor or just starting, FxPro's user-friendly platform, competitive spreads, and innovative tools are designed to cater to your needs.
Starting Off with an Introduction to FxPro
FxPro is a leading online broker that has been providing trading services to clients since 2006. With over 17 years of experience, FxPro has established itself as a trusted and reliable brokerage for traders of all levels. The company is headquartered in London and is regulated by top-tier authorities such as the UK's Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).
One of FxPro's key strengths is its commitment to providing superior execution and trading conditions.
With a presence in over 170 countries and a reputation for excellence, FxPro has become a go-to choice for traders seeking a reliable and well-rounded trading experience.
Key feature | Details |
---|---|
Regulations | FCA (United Kingdom), FSCA (South Africa), CySEC (Cyprus), SCB (Bahamas) |
Supported Languages | Turkish, English, Russian, Hindi, French, Indonesian, Portuguese, Thai, Polish, Arabic, Hungarian, Italian, Spanish, Chinese, Japanese, Greek, Vietnamese, Malaysian, German, Romanian+5 |
Products | Currencies, Stocks, Crypto, Indices, Commodities |
Min Deposit | $100 |
Max Leverage | 1:30 (FCA), 1:500 (FSCA), 1:30 (CySEC ), 1:200 (SCB) |
Trading Desk Type | No dealing desk |
Trading Platforms | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App |
Deposit Options | Cryptocurrencies, Local Deposit, PayPal, Wire Transfer, Skrill, Credit Card, Debit Card, SticPay |
Withdrawal Options | Wire Transfer, PayPal, Credit Card, Debit Card, Cryptocurrencies, SticPay |
Demo Account | Yes |
Foundation Year | 2006 |
Headquarters Country | United Kingdom |
Trading Platforms | Versatility and Performance
One of FxPro's greatest strengths is the variety of trading platforms they offer, catering to the diverse needs and preferences of traders. Whether you prefer the tried-and-true MetaTrader suite, the innovative cTrader platform, or FxPro's proprietary web-based solution, you'll find a platform that suits your trading style.
The main platforms offered include:
Platform | Type | Key Features |
---|---|---|
FxPro Platform | Web, Mobile | Integrated TradingView charting, account management, fast sign-up, customizable layout |
MetaTrader 4 (MT4) | Desktop, Web, Mobile | Industry-standard, customizable, 50+ indicators, EA trading, micro-lots |
MetaTrader 5 (MT5) | Desktop, Web, Mobile | Advanced version of MT4, additional timeframes, and order types, hedging option |
cTrader | Desktop, Web, Mobile | Full market depth, advanced charting, algorithmic trading via cTrader Automate |
1. FxPro
The FxPro Platform is the broker's proprietary web and mobile platform that provides an all-in-one solution for trading, account management, and market analysis. It features integrated TradingView charting with 50+ indicators, a customizable layout with detachable windows, and fast account sign-up and funding.
2. MT4
MetaTrader 4 (MT4) is the industry-standard platform known for its reliability, customizability, and extensive range of tools. FxPro's MT4 offering includes desktop, web, and mobile versions, 50+ pre-installed indicators, support for EA trading, and micro-lot trading.
3. MT5
MetaTrader 5 (MT5) is the next-generation version of MT4, offering additional features such as more timeframes, order types, and a hedging option. Like MT4, it is available in desktop, web, and mobile versions.
4. cTrader
cTrader is a sleek and intuitive platform for desktop, web, and mobile. Key features include full market depth (Level 2 pricing), advanced charting with 70+ indicators, detachable charts, customizable layouts, and algorithmic trading via cTrader Automate.
Account Types | Flexibility and Choice
FxPro provides a variety of account types to cater to the needs of different types of traders.
The three main live account types are:
Account Type | Minimum Deposit | Spreads | Commissions |
---|---|---|---|
Standard | $100 | From 1.2 pips | None |
Raw+ | $1,000 | From 0 pips | $3.5 per lot |
Elite | $30,000 | From 0 pips | $3.5 per lot + rebates |
1. Standard Account
The Standard Account is suitable for a wide range of traders, from beginners to more experienced ones. It requires a minimum deposit of just $100 and offers spreads starting from 1.2 pips on major forex pairs with no additional commissions. This account allows micro lot trading from 0.01 lots and provides access to all FxPro's trading platforms including MT4, MT5, and the proprietary FxPro Platform. Leverage up to 1:500 is available depending on the regulatory jurisdiction.
2. Raw+ Account
The Raw+ Account is designed for more experienced traders who value tighter spreads and faster execution. It requires a minimum deposit of $1,000 and offers raw spreads from 0 pips on forex and metals, with a commission of $3.5 per lot per side. This account type is available on the MT4 platform and allows micro lot trading from 0.01 lots. The higher minimum deposit reflects the account's suitability for more seasoned traders looking to lower their trading costs.
3. Elite Account
The Elite Account is FxPro's premium offering for high net worth and VIP clients. It requires a substantial minimum deposit of $30,000 within 60 days of account opening. In addition to the ultra-tight spreads and fast execution of the Raw+ account, Elite account holders can earn rebates on their trades, further lowering net trading costs. Other perks include a dedicated account manager and access to VPS hosting. This account is best suited to high-volume traders and those with larger balances.
In addition to these standard account types, FxPro also offers:
Islamic accounts with no swap fees, VIP accounts for high-volume traders, with lower spreads and additional perks, and corporate accounts for businesses and institutions.
Deposits and Withdrawals | Convenience and Security
FxPro supports a wide range of deposit and withdrawal methods, making it easy for traders to manage their funds. Options include: Bank wire transfer, Credit/debit cards (Visa, Mastercard), E-wallets (Skrill, Neteller, PayPal), Local bank transfers, Cryptocurrencies (Bitcoin, Ethereum)
Deposits are processed instantly for most methods, while withdrawals are typically completed within 1-3 business days. FxPro does not charge any fees for deposits or withdrawals, although some third-party fees may apply.
Asset Classes | A World of Opportunities
Fx offers a diverse range of tradable assets, with over 2,100 instruments across 6 asset classes. These include:
S/N | Number Of Assets | Tradable Assets |
---|---|---|
1 | Forex pairs | 70+ |
2 | Spot indices | 20+ |
3 | Futures contracts | 150+ |
4 | Shares | 2000+ |
5 | Spot metals | 10+ |
6 | Spot energies | 5+ |
Common Queries
What is the Maximum Leverage offered by FxPro?
The maximum leverage offered by Fx is 1:500, depending on the regulatory jurisdiction.
Does FxPro charge any fees for Deposits or Withdrawals?
Fx does not charge any fees for deposits or withdrawals. However, some third-party fees may apply depending on the payment method used.
What is Customer Support like at FxPro?
Fx has a dedicated, multilingual customer support team that works 24/5 to provide assistance via live chat, email, and phone.
Is FxPro regulated?
Yes, Fx is regulated by several top-tier authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Securities Commission of The Bahamas (SCB).
Does FxPro offer any Educational Resources?
Yes, Fx provides a comprehensive education center with resources for traders of all levels, including beginner and advanced trading courses, video tutorials, webinars, trading guides, and an economic calendar.
What awards has FxPro won?
Fx has received constant recognition in the industry, winning over 110 international awards to date for the quality of its services.
Conclusion | A Broker That Means Business
FxPro offers a diverse range of trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader, providing flexibility and advanced tools for various trading strategies. Despite its higher-than-average pricing, particularly on its cTrader platform, Fx compensates with a robust suite of trading instruments and a commitment to transparency. Its comprehensive customer support and educational resources further enhance the trading experience, making FxPro a reliable choice for traders seeking a versatile and secure trading environment.