FxPro Broker

This FxPro review covers its regulation, account types, trading platforms, costs, deposit and withdrawal methods, bonuses and customer support, so you can decide whether the broker suits your trading style. As always, trading forex and CFDs on leverage carries a high risk of losing money, so only trade with funds you can afford to lose.

FxPro Review: Overview

FxPro is a STP/ECN forex broker established in 2006. It is based in the United Kingdom, with its head office at 13/14 Basinghall Street, City of London, EC2V 5BQ, United Kingdom. Its STP/ECN model means client orders are passed on to liquidity providers rather than being handled as internal dealing, which is one reason the broker is often considered by traders who care about execution quality and transparent pricing.

The broker's main website is FxPro, and it is available in a wide range of languages, including English, Arabic, Chinese, French, German, Greek, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish and Vietnamese, among others. This makes the site accessible to traders across many regions.

FxPro suits traders who want a long-established, multi-regulated broker with a broad choice of account types and platforms. Beginners can start with a free demo account, while more experienced traders may value the ECN-style setup, hedging and scalping support, and news trading permission.

Regulation and Safety

FxPro is regulated by three authorities: the FSB, CySEC and the FCA in the United Kingdom. Holding several licences means the broker is supervised under different regulatory frameworks, which can add a layer of oversight for clients. The specific entity you open an account with will determine which regulator applies to your funds, so you should confirm this in the account agreement before depositing.

FxPro also states that it keeps segregated client funds, meaning client money is held separately from the company's own operating money. Segregation is a common safeguard, but it does not remove trading risk or guarantee that losses will be recovered.

Regulation is one of the most important checks you can make before choosing any broker. You can read more about how brokers are assessed in our forex news and broker updates, and verify FxPro's current licence status directly on the regulators' websites.

Account Types

FxPro offers a varied range of accounts designed for different needs. Among them are:

• Standard and mini accounts, which allow smaller position sizes and can suit newer traders.
• VIP accounts, aimed at more active clients.
• Islamic accounts, which are swap-free and designed to comply with Sharia principles.
• Swap-free accounts, for clients who prefer to avoid overnight swap charges.
• Managed accounts, for clients who want their trading handled on their behalf.

Account base currencies include USD, AUD, CHF, EUR, GBP, JPY and PLN. Choosing a base currency that matches your deposit currency can help reduce conversion costs, so check the options available for your account type.

A free demo account is available, which lets you practise strategies and test the platforms without risking real money. This is a useful first step for anyone new to forex.

Trading Platforms

FxPro provides a choice of platforms, including MetaTrader4, MetaTrader5, WebTrader, cTrader and a mobile app. MetaTrader 4 and MetaTrader 5 are developed by MetaQuotes Software Corp. and remain popular for charting, automated trading and custom indicators. cTrader is known for its clean interface and detailed order management.

Web trading and mobile trading are both supported, so you can monitor and place trades from a browser or smartphone. Traders who move between devices will find this flexibility helpful.

Spreads, Fees and Leverage

FxPro advertises minimum spreads from 0.6 pips. Spreads vary with market conditions, the instrument traded and the account type, so the figure above should be treated as a starting point rather than a fixed cost. Check the live pricing and the fee schedule on the official website before trading.

Maximum leverage is up to 1:500. High leverage can magnify both profits and losses, and it is one of the main reasons retail traders lose money. Leverage available to you may be lower depending on your country of residence and account type, so confirm what applies to your account.

FxPro permits hedging and scalping, and allows news trading. These rules suit many active strategies, but traders should check any execution conditions that apply around major news releases.

Deposits and Withdrawals

The minimum deposit is 100. Funds can be deposited by wire transfer, credit card, debit card, Neteller, PayPal, Skrill and Webmoney. Withdrawals are available through the same methods: wire transfer, credit card, debit card, Neteller, PayPal, Skrill and Webmoney.

Processing times, any fees charged by the broker or payment provider, and withdrawal limits can differ by method and country. Before depositing, review the funding section on the official website and make sure you understand the costs of your chosen method.

Bonuses

FxPro does not currently offer a welcome bonus, a no-deposit bonus or any other bonus according to the information available here. Promotions can change over time, so if you want to compare current offers across brokers, see the latest forex trading news and guides or browse the latest forex bonus offers. Always read the full terms of any bonus before accepting it.

Customer Support

FxPro's website is available in many languages, which helps clients who prefer to read in their own language. For support, contact details and service hours, refer to the contact section of the official website, as these may vary by region and language.

Pros and Cons

Pros

• Established in 2006 and regulated by the FSB, CySEC and the FCA.
• STP/ECN model with segregated client funds.
• Multiple platforms, including MetaTrader 4, MetaTrader 5, cTrader and WebTrader.
• Low minimum deposit of 100 and leverage up to 1:500.
• Free demo account and a wide range of account types, including Islamic and swap-free options.
• Hedging, scalping and news trading are allowed.
• Website available in many languages.

Cons

• No welcome or no-deposit bonus is currently offered.
• Leverage of up to 1:500 carries a high level of risk for inexperienced traders.
• Spreads and leverage can vary by account type and country, so the headline figures may not apply to every client.
• Some payment methods may involve fees or processing delays.

Verdict

FxPro is a long-established STP/ECN broker with multi-jurisdiction regulation, a broad range of account types and several well-known trading platforms. Its low minimum deposit, free demo account and support for hedging and scalping make it a practical option for many traders. The lack of bonuses may matter less to traders who focus on trading conditions than to those hoping for promotional credit.

Before opening an account, compare current spreads, leverage limits and fees on the official website, confirm which regulator covers your account, and read the terms carefully. Trading forex and CFDs on leverage carries a high risk of losing money, so manage your risk and never trade more than you can afford to lose.

Frequently Asked Questions

Is FxPro regulated?

Yes. FxPro is regulated by the FSB, CySEC and the FCA (UK). Check the regulator entity linked to your account and verify the licence on the regulator's website.

What is the minimum deposit at FxPro?

The minimum deposit at FxPro is 100. Confirm the current requirement for your account type and country on the official website.

What is the maximum leverage at FxPro?

FxPro offers leverage of up to 1:500. Leverage may be lower depending on your country and account type, and high leverage increases the risk of losses.

Does FxPro offer a demo account and Islamic accounts?

Yes. FxPro provides a free demo account and Islamic swap-free accounts, along with other account types.

Does FxPro offer any bonuses?

Based on the information available, FxPro does not currently offer a welcome bonus, a no-deposit bonus or other bonuses. Check the official website for any changes and read the terms of any offer carefully.