FxPro was originally conceived in 1999 and rebranded in 2003. The London-based brokerage giant is licensed by multiple regulators globally and offers over 2,100 instruments, including CFDs on forex, commodities, indices, stocks, ETFs, and cryptocurrencies.
The available technology is outstanding, with the well-designed FxPro Trading Platform and mobile app, along with MetaTrader 4, MetaTrader 5, and cTrader. Tools like Trading Central and FxPro Squawk help give traders an edge. Spreads in the Standard account are not highly competitive, but attractive trading costs are available via the Raw+, Elite, and cTrader accounts.
FxPro is a well-rounded broker that can cater to a wide range of traders, from beginners to market veterans. The intuitive FxPro Trading Platform is ideal for newbies and casual traders who want to get a smooth start in the markets. Meanwhile, the availability of advanced platforms, along with fast order execution and raw spreads, make FxPro a strong choice for experienced day traders, scalpers, and algo traders.
Recommended in 6 best broker guides: |
NDD | Regulated | FCA | cTrader | Scalping | Spread Betting |
Pros | Cons |
|
|
When reviewing a broker, we assess its suitability for implementing various trading strategies. To achieve this, we evaluate the availability of features and tools necessary for executing specific strategies. Here is our verdict for FxPro:
With the $100 minimum deposit and intuitive proprietary platform, FxPro is a good place for casual traders. Beginners can take advantage of demo accounts, reliable customer support, micro-lot trading, and solid educational materials.
FxPro offers trading in real stocks, which is suitable for swing traders who hold positions for days or weeks. It’s also possible to swing trade CFDs, as overnight swap fees are not excessively high.
Scalpers, who are in and out of the market within seconds, can benefit from FxPro’s ultra-fast order execution and tools like depth-of-market (DOM) in cTrader and MetaTrader 5. When it comes to scalping CFD markets, FxPro provides optimal trading conditions.
Within the client portal, traders can access FxPro Squawk, which is an excellent resource for news trading. It delivers a steady stream of stories with potential market impact, including breaking news and economic data releases. Additionally, comprehensive news coverage and market commentary from seasoned analysts are available through the FxPro Trading Platform and FxPro.news website.
Algo traders have a choice between three top platforms: cTrader, MetaTrader 4, and MetaTrader 5. VPS hosting ($30 per month) enables traders to run MT4 Expert Advisors and cAlgo Robots continuously 24/7.
Copy trading is available via the cTrader platform, with a diverse range of strategy providers. cTrader features in-depth performance statistics and an intuitive copy trading interface. FxPro could do better by also offering its own copy trading platform.
FxPro platforms offer one-click trading and trading from the chart, along with actionable day trading ideas from Trading Central. Although the spreads in the Standard Account are not highly competitive, day traders can benefit from lower trading costs in the Raw+ and Elite accounts.
FxPro provides access to thousands of real stocks and ETFs, along with screening and in-depth portfolio analysis tools. However, real stocks cannot be traded on the FxPro Trading Platform.
FxPro stands out as an excellent choice for short-term traders—day traders and scalpers benefit from ultra-low trading costs through Raw+ and Elite account types, sub-12 millisecond execution speeds, advanced trading platforms, VPS hosting, and tools like Trading Central and FxPro Squawk.
For this review, I performed my tests on a Standard Account, using the FxPro Trading Platform and FxPro Trading App. The account was opened with the FxPro Global Markets Limited entity. Some features and services may vary depending on where you reside.
☑️ Regulations | FCA (United Kingdom), SCB (Bahamas) |
🗺 Supported Languages | Turkish, English, Russian, French, Portuguese, Thai, Arabic, Spanish, Japanese, Vietnamese, Bahasa, German, Korean, Chinese, Indonesian |
💰 Products | Currencies, Stocks, Crypto, Indices, Commodities |
💵 Min Deposit | $100 |
💹 Max Leverage | 1:30 (FCA), 1:200 (SCB) |
🖥 Trading Desk Type | No dealing desk |
📊 Trading Platforms | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App |
💳 Deposit Options | Cryptocurrencies, Local Transfer, PayPal, Wire Transfer, Skrill, Credit Card, Debit Card, SticPay, Google Pay |
💳 Withdrawal Options | Wire Transfer, PayPal, Credit Card, Debit Card, Cryptocurrencies, SticPay, Local Transfer, Google Pay |
🤴 Demo Account | Yes |
🗓 Foundation Year | 1999 |
🌎 Headquarters Country | United Kingdom |
With a lengthy operating history of over 25+ years, FxPro is a well-established broker. It is governed by five regulators globally, including the top-tier FCA UK. Client funds are held in segregated accounts at global banks like Barclays and Royal Bank of Scotland. My research showed that FxPro has a high level of financial strength, transparency, and trustworthiness.
Entity | FxPro UK Limited | FxPro Global Markets Limited | Pro Global Limited |
Country/Regions | United Kingdom | Bahamas/Global | Seychelles/Global |
Regulation | FCA | SCB | FSA |
Tier | 1 | 3 | 3 |
Segregated Funds | Yes | Yes | Yes |
Negative Balance Protection | Yes | Yes | Yes |
Compensation Scheme | Yes (FSCS Up to £85,000) | No | No |
Maximum Leverage (Retail Account) | 1:30 | 1:200 | 1:10,000 |
Maximum Leverage (Professional Accounts) | 1:500 | 1:10,000 | N/A |
In our reviews, we examine the regulatory status of each entity operated by a broker. This allows us to compare the different levels of client protection. We rank regulators using a three-tier system, where Tier-1 licensing reflects the highest level of regulation.
Here are my findings on the various entities of FXPro:
Brokers operate multiple entities to serve clients globally, yet regulatory protections vary by jurisdiction. Some regulators enforce strict financial standards, while others are more lenient. Traders should understand the protection offered by the entity where they intend to open an account.
In our tests for the Trust category, we also cover factors relating to stability and transparency. Here, we focus on the broker’s operating history, size, and overall credibility.
FxPro is a well-established broker with a robust 25-year presence in the market, anchored by its headquarters in London, United Kingdom. The company has grown to employ over 200 professionals, demonstrating a substantial organizational infrastructure that supports its operations.
Transparency is a hallmark of FxPro’s approach to client communication. On the website, the About page provides a comprehensive overview of the company’s history and details its four distinct corporate entities. Clients seeking in-depth information can easily access critical information, with the Pricing page offering a clear explanation of their pricing model and the Legal Documentation page hosting the downloadable Client Agreement that provides comprehensive account-related details.
To summarize, FxPro earned a relatively high trust and stability rating in my assessment due to the following factors:
FxPro could improve by adding third-party account insurance for all clients globally.
My test revealed that Standard account spreads are average, roughly matching industry norms. In contrast, Raw+ and Elite Accounts offer lower costs, making them ideal for high-volume and short-term traders. FxPro also eliminates deposit and withdrawal fees, while swap and inactivity charges remain in line with industry standards.
I tested the spreads at FxPro during the London open and after the New York open on 27 March 2025. At these times, the market is typically highly liquid with the tightest spreads.
Instrument | Live spread AM | Live spread PM | Industry Average |
EUR//USD | 1.4 Pips | 1.4 Pips | 1.08 Pips |
GBP/JPY | 3.1 Pips | 3.1 Pips | 2.44 Pips |
Gold | 34 Cents | 34 Cents | 25 Cents |
WTI Oil | 3.9 Cents | 3.9 Cents | 3 Cents |
Apple | N/A | 49 Cents (all in) | 33 Cents (+ commission) |
Tesla | N/A | 65 Cents (all in) | 5 Cents (+ commission) |
DAX 40 | 2.5 Pips | 1.3 Pips | 2.4 Pips |
Dow Jones 30 | 3 Pips | 2 Pips | 3.3 Pips |
Bitcoin | $87.36 | $87.48 | $35.5 |
Spreads in forex and commodities are close to industry averages, while shares and indices do better than most competing brokers. Keep in mind that FxPro does not charge commissions on CFDs on shares, while most competitors do. There is room for improvement in the Bitcoin spreads, which were rather wide in my tests.
The table below shows the Swap Long (the cost/credit of holding a buy position overnight) and the Swap Short (the cost/credit of maintaining a sell position overnight) for one full-sized contract.
In forex, a full-sized contract is 100,000 units of the base currency (the first currency quoted in the pair), or 100 ounces in the case of gold. I recorded the data on 27 March 2025.
Instrument | Swap Long | Swap Short |
EUR/USD | Charge of $8.30 | Credit of $1.70 |
GBP/JPY | Credit of $7.60 | Charge of $36.40 |
Gold | Charge of $46.10 | Credit of $13.20 |
My live tests showed that swap fees at FxPro are average for the industry.
If your account remains inactive for six months, FxPro charges a one-off maintenance and administration fee of $10 (or currency equivalent), followed by a monthly inactivity fee of $10—this monthly charge continues as long as the account remains inactive. On the other hand, FxPro does not charge any fees for deposits and withdrawals.
Although the spreads on the Standard account were average-to-high during my tests, overall, I rate the fees at FxPro as quite competitive for the following reasons:
FxPro offers a platform for every type of trader, from novice to pro. The selection includes the user-friendly FxPro Trading Platform, robust MetaTrader platforms, and the versatile cTrader. The FxPro Direct Mobile App adds further flexibility, enabling clients to trade, perform analysis, and manage their accounts on the go.
Platform/Tool | Suitable For |
FxPro Trading Platform | Beginners, Casual Traders, Day Trading |
MetaTrader 4 (Desktop, Web, Mobile) | Experienced Traders, Day Trading, Scalping, Algo Trading |
MetaTrader 5 (Desktop, Web, Mobile) | Experienced Traders, Day Trading, Scalping, Algo Trading, CFDs on Shares |
cTrader (Desktop, Web, Mobile) | Experienced Traders, Day Trading, Scalping, Algo Trading, Copy Trading |
FxPro Mobile App | Beginners, Casual Traders, Mobile Trading |
The proprietary FxPro Trading Platform delivers on aesthetics and user experience, offering traders a refined interface that balances visual appeal with practical functionality.
Accessible directly through any web browser, the platform removes the need for installation while still offering direct market access. Traders get a customizable interface packed with practical features like one-click trading, trading from the chart, live news feeds, and custom alerts—everything you need, right at your fingertips.
The platform features market, limit, and stop-loss orders. When placing pending orders, time-in-force parameters, including Good ‘Til Cancel (GTC) functionality, can be applied.
The platform does have a notable functional gap: trailing stop-loss orders, which automatically adjust as prices move favorably, are unavailable. Traders seeking this risk management feature can use MetaTrader or cTrader instead.
The platform’s charting capabilities are comprehensive, providing traders with an extensive suite of visualization and analysis options that meet professional standards.
The system offers six distinctive chart types: Bar Chart, Japanese Candlesticks, Heikin Ashi, HLC Chart, Line Chart, and Dots Chart. Time frame flexibility ranges from minute-by-minute analysis to monthly overviews, with 15 different interval options available.
Technical analysis is well-supported by 53 specialized indicators covering momentum, reversal, volatility, and volume metrics. For pattern identification and projection, traders can access 13 different drawing tools, including sophisticated options like Fibonacci retracements, Andrews’ Pitchfork, and ABCD pattern recognition.
The platform’s alert system provides useful monitoring capabilities, delivering email notifications when designated price thresholds are crossed or when trades have been executed.
The FxPro Trading Platform distinguishes itself by successfully combining ease-of-use and comprehensive functionality.
The interface is highly customizable and delivers an impressive range of tools, including real-time alerts, trading from the chart, one-click trading, and detailed account analytics. I particularly liked the integrated live chat support, which provides traders with immediate assistance without having to leave the platform.
The FxPro Mobile App for iOS and Android lets you do pretty much everything on the move – whether you are trading, managing your account, transferring money, or chatting with support when you need help. The app’s clean, straightforward design is a nice change from the MetaTrader 4 app.
Important conveniences for mobile traders are built in, like one-tap trading and trading directly from charts. There’s also an economic calendar so you can monitor important market news. During my tests, I confirmed that you can set up 2-factor authentication for added protection.
The FxPro mobile app incorporates TradingView’s industry-leading charting technology, providing mobile traders access to more than 100 technical indicators, 40 drawing tools, 9 time frames, and 12 chart types. The platform allows users to expand chart displays to use their smartphone’s full-screen dimensions.
Traders can access all standard order types: market, limit, and stop-losses.
The language used in the app is tied to the language used on your smartphone.
FxPro’s app delivers enough functionality to satisfy most mobile traders. The built-in economic calendar helps you track market-moving events, and customizable watchlists let you monitor potential opportunities without constant searching. The TradingView charts enable in-depth analysis, and one-tap trading and trading from the charts allow traders to be nimble.
What’s missing? A dedicated news feed would round out the experience, giving traders critical market updates without switching to another app. FxPro could also improve by adding price alerts to the app.
FxPro provides access to the industry-standard MetaTrader 4 desktop platform, which includes sophisticated capabilities beyond basic trading functions. MT4 supports both copy trading (following other traders’ strategies via signals) and automated trading using programs called Expert Advisors (EAs).
Language support for 39 different languages, ranging from Arabic to Vietnamese, makes the platform accessible to a diverse global user base.
The platform offers several essential tools designed to streamline the trading experience.
MetaTrader 4 charting delivers a complete suite of analytical features to support your trading decisions:
MetaTrader 4 provides traders with basic and advanced order types to execute precise trading strategies:
The MetaTrader 4 mobile app is available for Android and iOS devices, offering traders essential functionality away from their desks. It includes practical features like customizable price alerts, convenient one-tap order execution, and the ability to trade directly from charts.
The mobile platform supports most order types of the desktop version, including pending orders and standard stop-losses. However, traders should note that trailing stop-loss functionality—automatically adjusting protection levels as prices move favorably—remains exclusive to the desktop platform.
Changing the app’s language requires adjusting the language settings on your entire device. While the interface maintains MT4’s somewhat dated design, the mobile version delivers above-average functionality compared to many competing trading apps.
cTrader offers a streamlined, user-friendly interface designed specifically to mimic institutional trading workstations. The platform includes professional-level features like Level 2 Depth of Market (DoM) functionality, providing insight into available liquidity from multiple providers at different price levels.
Designed for advanced traders, cTrader delivers sophisticated capabilities including comprehensive algorithmic trading tools, built-in copy trading functionality, and detailed performance analytics. These robust features allow traders to automate strategies, follow successful traders, and thoroughly evaluate their trading results.
With its combination of accessibility and professional-grade tools, cTrader particularly appeals to active and experienced traders seeking institutional-quality execution and analysis capabilities in their trading platform.
One-click trading and trading from the chart are available via cTrader. Another popular feature is alerts: the platform can notify you when the market reaches a set price.
One of my favorite indicators, market sentiment, is available via the platform. Sentiment data is displayed below the QuickTrade buttons. Market sentiment indicates the percentage of client accounts that are long (buyers) or short (sellers). The information is collected from all available cTrader servers across multiple brokers.
Standard and advanced order types include market, limit, stop-loss, stop-limit, and trailing-stop orders, offering flexibility to execute trades based on specific conditions. Traders can also set time-in-force options like Good ‘Til Cancel (GTC), which keeps pending orders active until executed or manually canceled.
The desktop platform’s charting tools stand out with 26 time frames, 4 chart types, 76 indicators, and over 10 drawing tools, making it ideal for in-depth analysis. It also integrates a news feed and an economic calendar to keep traders informed and ready for market moves.
cTrader makes automated trading and strategy backtesting straightforward with its cBots, which are trading robots designed to execute strategies automatically. To use a cBot, simply drag it onto the desired symbol, set parameters like initial volume, stop loss, or take profit, and start trading.
Custom cBots built with cAlgo—a C# programming language—can be created or downloaded from the cTrader website. Bots developed in cAlgo integrate seamlessly with cTrader, enabling users to automate strategies easily.
cTrader Analyze is a powerful tool that helps traders monitor their trading activity with detailed insights into account profitability and performance stats. It provides metrics like the percentage of winning trades and breaks them down into long or short positions, offering valuable data to refine strategies and improve results.
cTrader Copy is also integrated into the platform, allowing users to replicate trading strategies or share their own for others to follow. It’s a great way to leverage the expertise of other traders or monetize your own trading skills.
Overall, cTrader combines advanced features similar to MetaTrader but delivers them in a more intuitive and user-friendly interface, making it accessible for traders of all levels.
The cTrader mobile app impressed me with its intuitive interface and comprehensive features. It offers customizable watchlists and timely alerts to help users track market movements on the go.
Account management and position tracking are integrated, while the built-in news feed, powered by FxStreet, keeps users informed on market developments. The charting capabilities are particularly strong, with over 50 technical indicators, 26 timeframes, and 5 chart types for in-depth market analysis.
For copy traders, cTrader Copy functionality is fully accessible within the app. Convenient one-tap trading and chart-based order execution streamline the trading process. Advanced traders will appreciate the inclusion of market sentiment indicators and the depth of market data, which provide valuable insights into the volume of orders at each price level.
FxPro is a no-dealing desk (NDD) broker. Due to the high volume of client trades, it can match much of its internal order flow. Not all client positions are hedged. FxPro may hedge some of its risks externally.
FxPro offers an outstanding selection of over 2,100 CFD instruments, exceeding industry standards and providing diverse market exposure through a single platform. Traders can access forex, metals, energies, indices, shares, ETFs, and cryptocurrencies with coverage of both spot and futures markets.
Instrument | Type | Number | Industry Average |
Forex Pairs | Major, Minor, Exotic | 75 | 30–75 |
Commodities | Metals, Energies, Softs | 28 | 5–10 |
Indices | Major Global Indices | 30 | 5–10 |
Stocks | European and US Exchanges | 1,834 | 200–300 |
Cryptocurrencies | Major and Minor | 28 | 10–20 |
In my review, FxPro scored better than average in every asset class. The broker stands out as especially strong in commodities and cryptocurrencies.
A Contract for Difference (CFD) is an agreement specifying that the buyer must pay the seller the difference between an asset’s current value and its value at the time the contract was initiated. Like futures and other derivative financial instruments, CFDs allow traders to speculate on price movements without owning the underlying asset.
To better illustrate the range of instruments available at FxPro, the following tables show samples from various asset classes:
Forex | Forex Minor |
EUR/USD | USD/JPY | USD/CHF | AUD/USD | GBP/JPY | NZD/JPY | EUR/GBP | EUR/AUD |
Forex Exotic | Indices |
USD/THB | USD/PLN | USD/MXN | USD/RUB | UK 100 | Spain 35 | AUS 200 | HongKong 50 |
Energies | Metals |
Natural Gas | WTI Crude Oil | Brent Crude Oil | Silver | Palladium | Platinum | Gold |
Soft Commodities | Shares |
Cocoa | Corn | Soybeans | Wheat | Apple | HSBC | Lufthansa | Hermès |
ETFs | Cryptocurrencies |
SPDR S&P 500 | iShares Silver Trust | Grayscale Bitcoin | Vanguard Total Bond Market Index | Polkadot | TRON | Cardano | Trump Coin |
FxPro stands out for its wide range of tradable instruments, offering more options than most competing CFD brokers. Traders can access U.S. stocks, equities from seven European countries, spot and futures markets, and a robust lineup of 39 cryptocurrencies—ideal for those looking to diversify into digital assets.
FxPro’s customer support is available 24/5 via live chat (through website and messengers), phone, and email. During my testing, I experienced short wait times and found the support agents knowledgeable and attentive. Overall, my two-week experience was positive, and I rate FxPro’s support as above average compared to other brokers in the industry.
For traders’ convenience, FxPro offers support via WhatsApp, Telegram, and Facebook Messenger in addition to traditional channels.
I conducted my test on WhatsApp live chat and I found it particularly convenient, as it connected me to a representative quickly without having to navigate many automated questions. Phone support also impressed me with minimal wait times, and agents handled a range of questions—from platform navigation to fees—with expertise.
Overall, I rate FxPro’s support as reliable and well-suited for both new and experienced traders.
Support Languages |
English, Chinese, Spanish, Portuguese, French, Polish, Italian, German, Austrian, Romanian, Russian, Korean, Japanese, Vietnamese, Thai, Turkish, Arabic, Indonesian, Malaysian, Hungarian |
FxPro makes funding your account simple with various payment methods, including bank wire, credit/debit cards, e-wallets, cryptocurrency, and local transfer options. Deposits and withdrawals are processed quickly, and no fees are charged for transactions.
The FxPro Wallet works like a central hub for your money. You can store your funds there and then move them to any of your trading accounts when needed.
It was created to solve a problem: when all your money sits in a trading account, it’s at risk whenever you have open trades. With the FxPro Wallet, only the money you’re actively using for trading is exposed to market risks. The rest stays safe in the Wallet, but you can easily transfer it to your trading account whenever you want.
Method* | Fees | Processing Time |
Local Bank Wire | 0% | 15 minutes |
Credit/Debit Card | 0% | 15 minutes |
Crypto Payment** | 0% | 15 minutes |
USDT | 0% | 15 minutes |
Binance Pay | 0% | 15 minutes |
Bitcoin | 0% | 15 minutes |
Ethereum | 0% | 15 minutes |
Sticpay | 0% | 15 minutes |
Google Pay | 0% | 15 minutes |
PayPal*** | 0% | 15 minutes |
Skrill*** | 0% | 15 minutes |
* Payment methods vary by region.
** Crypto payments include TON, ADA, LTC, SOL, USDC ERC20, XLM, and XRP.
*** Available only for clients from the EU.
Processing times for deposits at FxPro are better than the industry average.
Method* | Fees | Processing Time |
Local Bank Wire | 0% | 3-5 working days |
Credit/Debit Card | 0% | 3-7 working days |
Crypto Payment** | 0% | 1 working day |
USDT | 0% | 1 working day |
Binance Pay | 0% | 1 working day |
Bitcoin | 0% | 1 working day |
Ethereum | 0% | 1 working day |
Sticpay | 0% | 1 working day |
Google Pay | 0% | Same Day |
PayPal*** | 0% | 2-3 working days |
Skrill*** | 0% | 2-3 working days |
* Payment methods vary by region.
** Crypto payments include TON, ADA, LTC, SOL, USDC ERC20, XLM, and XRP.
*** Available only for clients from the EU.
Again, FxPro performs better than average by not charging a withdrawal fee and having better-than-average processing times.
To open an account with the FxPro Global Markets Limited entity of FxPro, prospective clients must complete a simple application providing their email, country of residence, date of birth, and mobile phone number.
Account Feature | MT4/5 Standard | MT4/5 Raw+ | MT4/5 Elite | cTrader |
FX Majors | All-inclusive spread from 1.2 pips | From 0 pips + commission $3.5/side | From 0 pips + commission $3.5/side | Low spread + $35 per $1 million traded (upon opening and closing a position |
Gold | All-inclusive spread from 25 cents | From 10 cents + commission $3.5/side | From 10 cents + commission $3.5/side | Low spread + $35 per $1 million traded (upon opening and closing a position |
Bitcoin | All-inclusive spread from 30 USD | All-inclusive spread from 15 USD | All-inclusive spread from 15 USD | Marked-up floating spreads & zero commissions |
Other Instruments | Floating spreads | Floating spreads & zero commissions | Floating spreads & zero commissions | Marked-up floating spreads & zero commissions |
CFD Instruments | Forex, Metals, Indices, Energy, Futures, Cryptocurrencies (Stocks/ETFs available with MT5 option) | Forex, Metals, Indices, Energy, Futures, Cryptocurrencies (Stocks/ETFs available with MT5 option) | Forex, Metals, Indices, Energy, Futures, Cryptocurrencies (Stocks/ETFs available with MT5 option) | Forex, Metals, Indices, Energy, Futures, Cryptocurrencies |
Platforms | FxPro Mobile app MetaTrader 4/5 platform range FxPro Webtrader | FxPro Mobile app MetaTrader 4/5 platform range FxPro Webtrader | FxPro Mobile app MetaTrader 4/5 platform range FxPro Webtrader | cTrader Platform range |
Minimum Deposit | $0 | $100 | $1,000 | $0 |
Minimum Stop/Limit Levels | 1 pip from current/entry price for most majors; for other instruments, check specifications | 1 pip from current/entry price for most majors; for other instruments, check specifications | 1 pip from current/entry price for most majors; for other instruments, check specifications | No Minimum |
Position Management System | MT4 – Hedging MT5 – Choice of Netting or Hedging | MT4 – Hedging MT5 – Choice of Netting or Hedging | MT4 – Hedging MT5 – Choice of Netting or Hedging | Hedging |
Rebates | No | No | Yes, starting from $1.50 per lot | No |
The table below explains the difference between hedging and netting execution methods:
Netting | Hedging |
All positions for the same instrument are combined into one net position. Simpler for beginners and may be more suitable for strategies that do not require simultaneous buy and sell positions. | Allows for multiple positions in the same asset, both in the same and opposite directions. Suited for traders who need greater flexibility and control over their trading activities, especially in volatile markets. |
The Standard account on MT4/5 offers ultra-fast execution paired with low floating spreads—ideal for traders seeking efficiency without sacrificing affordability.
For razor-sharp spreads starting at 0 pip, the Raw+ account on MT4/5 delivers precision and cost-effectiveness.
The Elite account builds on Raw+ by adding exclusive rebates and VIP perks, perfect for high-volume traders who value premium benefits.
Finally, cTrader users can enjoy ultra-low spreads alongside a feature-packed platform designed for advanced trading strategies.
In the context of setting up a trading account, the base currency is the currency in which your account is denominated (held). Your balance and profit and losses will be shown in the base currency you choose. At FxPro, you can select from 11 base currencies: USD, AUD, EUR, HUF, IDR, MYR, GBP, ZAR, CHF, JPY, and PLN.
FxPro makes it easy to practice trading with demo accounts available on all its platforms – FxPro Trading Platform, MT4/5, and cTrader. These accounts are perfect for beginners, offering a risk-free way to test strategies and get comfortable with the tools before diving into live trading.
With live quotes and simulated market conditions, traders can explore assets like forex, commodities, indices, stocks, and crypto. Once ready, demo traders can transition smoothly from practice to real-world trading.
FxPro offers a swap-free Islamic account that adheres to the principles of Sharia law.
One reason traders are drawn to forex and CFD markets is the ability to trade with leverage. Leverage lets you borrow funds to increase your position size, allowing you to control more capital than what’s in your account.
Often referred to as a “double-edged sword,” leverage can magnify both gains and losses. Traders should approach it carefully, keeping in mind that even small market movements can lead to substantial losses if not managed properly.
Available leverage differs according to the asset class, with the most leverage available with CFDs on forex and the least with CFDs on crypto.
At the FxPro Global Markets Limited entity, the maximum leverage is 1:200, meaning a $1,000 account can control up to $200,000 in market positions. While this high leverage can amplify potential profits, it also significantly increases risk.
Asset Class | Maximum Available Leverage |
Forex Majors | 1:200 |
Forex Minors | 1:200 |
Spot Gold | 1:200 |
Spot Silver, Platinum & Palladium | 1:200 |
Gold Futures | 1:200 |
Aluminium, Copper, Lead & Zinc | 1:40 |
Spot Index Majors | 1:200 |
Spot Index Minors | 1:100 |
Index Futures | 1:50 |
Spot Energies | 1:200 |
Energy Futures | 1:200 |
Commodity Futures | 1:50 |
All Shares | 1:25 |
Cryptocurrencies | 1:20 |
FxPro accepts clients from the majority of countries globally. However, residents of the following countries are not accepted:
Afghanistan, Canada, French Southern Territories, Kosovo, Pitcairn, Sudan, Yemen, Aland Islands, the Democratic Republic of the Congo, Guam, Lao People’s Democratic Republic, Portugal (since 2022), Syrian Arab Republic, Zimbabwe, Algeria, Côte D’Ivoire, Guyana, Puerto Rico, Trinidad and Tobago, Tunisia, American Samoa, Cuba, Iran, Sint Maarten (Dutch part), Spain, United States, Azerbaijan, Curacao, Liberia, Myanmar, Somalia, United States Minor Outlying Islands, Belgium, Equatorial Guinea, Israel, Libya, Bonaire, Sint Eustatius and Saba, Ethiopia, Norfolk Island, South Sudan, Vanuatu, Bosnia and Herzegovina, France, North Korea, Democratic People’s Republic of Korea (DPRK), Northern Mariana Islands, Virgin Islands, the United States.
FxPro shines in the area of research, offering top-notch in-house analysis alongside a mix of proprietary and third-party tools. Whether you’re a beginner or an experienced trader, the materials cater to all skill levels, with fresh insights added multiple times daily to keep you informed and ahead of the market.
FxPro has a separate domain for its news and market analysis – fxpro.news. Stories are broken down into 3 categories: Market Overview, Crypto, and Technical Analysis.
The Market Overview section offers traders a clear snapshot of key economic data releases and major geopolitical developments shaping financial markets. Updated multiple times daily, these insights help traders decode the driving forces behind market movements.
For cryptocurrency enthusiasts, updates primarily focus on Bitcoin, spotlighting significant news and developments. These updates are less frequent, typically published once per day.
Technical analysis reports cover forex, commodities, and equities, with an emphasis on Elliott Wave analysis. Reports published several times daily provide traders with actionable insights, including detailed support and resistance levels.
The economic calendar in the client portal helps traders keep tabs on all the major upcoming economic releases.
The FxPro Squawk, powered by LiveSquawk News, delivers real-time alerts on breaking news, economic data releases, and market-moving stories.
FxPro combines top-tier in-house research with high-quality third-party tools like Trading Central (funded accounts only) and LiveSquawk News. Tools like Squawk stand out as valuable resources for active, short-term traders seeking actionable trading ideas. Meanwhile, Elliott Wave analysis provides valuable insights for swing traders and long-term investors.
FxPro’s education section is packed with resources for traders at all levels, from beginners to advanced. Interactive courses dive into topics like fundamental analysis, technical analysis, and trading psychology, while the FxPro YouTube channel adds extra value with educational videos, platform tutorials, and recorded webinars.
The courses are presented in a user-friendly format, with concise and easily comprehensible cards guiding you through each section. They cover key topics like technical analysis, risk management, and trading plan creation. Progress tracking helps users stay motivated.
I found the Technical Analysis section particularly helpful, with modules covering trend lines, support and resistance levels, channels, and major chart patterns.
The education section also includes depth-courses from CME Group. The CME course content is provided in video and text formats, accompanied by module-ending tests to facilitate effective learning.
I found that these courses contain valuable insights that can benefit both beginners and experienced traders. For example, going through the module on Trading Psychology could help you avoid common mistakes and save you money and time.
FxPro also offers a wealth of archived educational webinars and seminars via its YouTube channel.
FxPro has grown into a leading global brand in the forex and CFD industry. It performed better than average in almost every category of our review, reflecting its depth of experience over 25+ years. Licensed by multiple top-tier regulators and with a worldwide presence, FxPro earned a high trust rating in my review.
The trading software is outstanding and includes a first-class FxPro Trading Platform and FxPro Mobile App along with the advanced MetaTrader 4, MetaTrader 5, and cTrader. Clients also have access to powerful tools, including Trading Central, FxPro Squawk, market sentiment, and depth-of-market (DOM).
Spreads in the Standard Account could be better, but more competitive trading costs can be found in the raw spreads account types. Moreover, rebates are available via the Elite account.
FxPro excels in its diverse range of tradable instruments. This breadth of assets ensures that traders have ample opportunities to diversify their portfolios and explore different markets. The educational materials feature helpful interactive courses and live webinars, which are especially valuable to traders new to the markets.
Overall, thanks to the diversity of platforms, flexible range of account types, and robust supporting tools and resources, FxPro offers compelling conditions for a wide range of traders, from beginners to seasoned professionals.
Headquarters Country | United Kingdom |
Foundation Year | 1999 |
Regulations | FCA (United Kingdom), SCB (Bahamas) |
Publicly Traded | No |
Number Of Employees | 300 |
Trading Desk Type | No dealing desk |
Trading Platforms | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App |
Restricted Countries | Canada, Iran, United States, Afghanistan, Yemen, Aland Islands, Democratic Republic of the Congo, Guam, Syria, Zimbabwe, Cote dIvoire, Guyana, Puerto Rico, American Samoa, Sint Maarten, Curacao, Myanmar, Somalia, Equatorial Guinea, Bonaire, South Sudan, Vanuatu, North Korea, Northern Mariana Islands, Virgin Islands, U.S., Kosovo, Sudan, Algeria, Trinidad and Tobago, Tunisia, Cuba, Spain, Azerbaijan, Liberia, Belgium, Israel, Libya, Ethiopia, Bosnia and Herzegovina, France |
Supported Languages | Turkish, English, Russian, French, Portuguese, Thai, Arabic, Spanish, Japanese, Vietnamese, Bahasa, German, Korean, Chinese, Indonesian |
Min Deposit | $100 |
Max Leverage | 1:30 (FCA), 1:200 (SCB) |
Deposit Options | Cryptocurrencies, Local Transfer, PayPal, Wire Transfer, Skrill, Credit Card, Debit Card, SticPay, Google Pay |
Withdrawal Options | Wire Transfer, PayPal, Credit Card, Debit Card, Cryptocurrencies, SticPay, Local Transfer, Google Pay |
Time to Withdrawal | 1 |
Time to Open an Account | 8 |
Crypto | Ethereum, Monero, Dogecoin, Bitcoin, Litecoin, Bitcoin Cash, Ripple, Dash, NEO, TRON, Cardano, Stellar, EOS, IOTA, VeChain, Basic Attention Token, Polkadot, Chainlink, Tezos, Uniswap, Polygon, Avalanche, Ethereum Classic, Filecoin, Solana, Zcash |
Products | Currencies, Stocks, Crypto, Indices, Commodities |
Demo Account | Yes |
OCO Orders | No |
Offers Hedging | Yes |
Automated Trading | Yes |
API Trading | Yes |
Guaranteed Stop Loss | No |
Guaranteed Limit Orders | No |
Guaranteed Fills / Liquidity | Yes |
Economic calendar | Yes |
Trading From Chart | Yes |
One-Click Trading | Yes |
Expert Advisor | Yes |
Social Trading | Yes |
Autochartist | No |
Trading Signals | Yes |
Platform Languages | Italian, Portuguese, Chinese, Arabic, Czech, Turkish, Korean, Vietnamese, English, French, Norwegian, Spanish, Russian, German, Bahasa, Japanese, Greek |
24 Hours Support | Yes |
Support During Weekends | No |
Live Chat | Yes |
Daily Market Commentary | Yes |
News (Top-Tier Sources) | Yes |
Webinars | Yes |
Deposit Fee | No |
Withdrawal Fee | No |
Inactivity Fee | Yes |
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.
At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.