Are you searching for a forex broker looking to diversify your income streams and tap into the exciting world of forex and CFD trading? Look no further than FxPro – the award-winning online broker trusted by over 1.5 million clients worldwide. With a solid reputation, easy-to-use platforms, and an impressive array of tradable instruments, FxPro is your gateway to profitable opportunities in the financial markets.
But what sets FxPro apart from the competition? For starters, the broker is heavily regulated, holding licenses from top-tier authorities such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) in South Africa. This means your funds are safe and secure, with FxPro adhering to strict client protection measures.
| 🏆 Awards & Recognition | 🗓️ Year |
|---|---|
| Best FX Provider (City of London Wealth Management Awards) | 2017 |
| Most Trusted Forex Brand (Global Forex Awards) | 2020 |
Trust and Regulation | Your Funds in Safe Hands
As a Beginner, you can’t afford to take risks with an untrustworthy broker. Fortunately, FxPro is one of the most reputable names in the industry, known for its strong commitment to security, transparency, and regulatory compliance.
Here’s how FxPro protects your interests as a trader:
| Regulator | Jurisdiction |
|---|---|
| Financial Conduct Authority (FCA) | United Kingdom |
| Cyprus Securities and Exchange Commission (CySEC) | Cyprus |
| Financial Sector Conduct Authority (FSCA) | South Africa |
| Securities Commission of The Bahamas (SCB) | Bahamas |
By maintaining licenses with top-tier regulators like the FCA and CySEC, FxPro adheres to strict financial oversight, client protection rules, and capital requirements. As an FxPro client, you benefit from:
- Segregated client funds held in tier-1 banks
- Negative balance protection to limit potential losses
- Investor compensation schemes in case of broker insolvency
- Regular audits by external firms to verify operational integrity
What’s more, FxPro has a track record of financial stability, with over $100 million in Tier 1 capital. They don’t engage in proprietary trading, so there’s no conflict of interest. And with a long operating history dating back to 2006, you can feel confident trusting FxPro as your forex partner now and into the future.
Trading Platforms and Tools
Ready to start trading forex and CFDs with FxPro? You’ll be spoiled for choice with their impressive lineup of powerful trading platforms. Whether you prefer the tried-and-true MetaTrader 4, the advanced features of MetaTrader 5, or the sleek interface of cTrader, FxPro has you covered.
Let’s break down the options:
- MetaTrader 4 (MT4): The industry standard for forex trading, MT4 offers a user-friendly interface, advanced charting tools, and support for expert advisors and custom indicators. It’s available for desktop, web, and mobile.
- MetaTrader 5 (MT5): The next-gen version of MT4, with expanded CFD trading capabilities, depth of market, and a built-in economic calendar. MT5 is ideal for multi-asset traders looking for more advanced features.
- cTrader: A platform known for its clean design, fast execution speeds, and low spreads. cTrader boasts advanced order types, algorithmic trading support, and an intuitive interface that’s great for both beginners and pros.
But the options don’t stop there. FxPro also offers its own proprietary platform, FxPro Edge, available as a web trader and mobile app. With one-click trading, advanced charting, and seamless account management, FxPro Edge is a convenient all-in-one solution.
| Platform | Key Features |
|---|---|
| MT4 | – Widely used, user-friendly interface- Advanced charting and technical analysis- Supports EAs and custom indicators |
| MT5 | – Expanded CFD trading capabilities- Depth of market and economic calendar- Ideal for multi-asset traders |
| cTrader | – Clean, modern interface- Fast execution speeds and low spreads- Advanced order types and algo trading support |
| FxPro Edge | – Proprietary web and mobile platform- One-click trading and advanced charting- Convenient account management tools |
No matter which platform you choose, you’ll benefit from FxPro’s deep liquidity, competitive spreads, and fast execution speeds. Plus, with free VPS hosting for MT4 and MT5, you can ensure your automated trading strategies run smoothly 24/7.
So whether you’re a beginner looking for a user-friendly platform or an experienced trader seeking advanced tools, It has the perfect trading platform to fit your style. With a wide range of options and top-notch features, you’ll be well-equipped to tackle the forex and CFD markets like a pro.
Account Types and Trading Conditions
One of the great things about trading with FxPro is the flexibility they offer in terms of account types and trading conditions. No matter your experience level, trading style, or budget, there’s an account that’s right for you.
Here’s a quick overview of the main account types:
| Account | Min. Deposit | Spreads | Commission | Platforms |
|---|---|---|---|---|
| Standard | $100 | From 1.2 pips | None | MT4, MT5 |
| Pro | $1,000 | From 0.6 pips | None | MT4 |
| Raw+ | $1,000 | From 0 pips | $3.50/lot | MT4 |
| Elite | $30,000 | From 0 pips | $3.50/lot | MT4 |
The Standard account is a great starting point for new traders, with a low minimum deposit of just $100. You’ll get access to competitive spreads from 1.2 pips and commission-free trading on both MT4 and MT5.
If you’re a high-volume trader looking for the best possible pricing, the Raw+ and Elite accounts are worth considering. Both offer raw spreads from 0 pips, with a low commission of just $3.50 per lot traded. The Elite account requires a higher minimum deposit of $30,000 but comes with additional perks like a dedicated account manager.
Other key trading conditions to note:
- Minimum trade size: 0.01 lots (micro lots)
- Stop out level: 50%
- Margin call: 100%
- Hedging: Allowed on all account types
- Scalping: Allowed on all account types
- News trading: No restrictions
Plus, with 24/5 customer support, extensive educational resources, and convenient funding options, FxPro provides a well-rounded trading experience for forex and CFD traders of all stripes.
Markets and Products
As a trader, you want access to a wide range of markets and products to diversify your portfolio and seize opportunities across the globe. Well, you’re in luck because FxPro has you covered with an impressive selection of forex, CFDs, and more.
Let’s start with the big one: forex trading. FxPro offers a whopping 70+ currency pairs, including:
- Major pairs like EUR/USD, GBP/USD, and USD/JPY
- Minor pairs such as EUR/GBP, USD/CAD, and AUD/USD
- Exotic pairs like USD/SEK, USD/NOK, and USD/ZAR
So whether you’re into the heavy hitters or more niche markets, It has a pair for you to trade.
But wait, there’s more! FxPro also offers CFDs on a variety of underlying assets:
| Asset Class | Number of Markets |
|---|---|
| Indices | 19 |
| Commodities | 6 |
| Shares | 150+ |
| Cryptocurrencies | 5 |
With indices like the S&P 500, NASDAQ, FTSE 100, and DAX 30, you can gain exposure to entire stock markets in one fell swoop. Prefer something more tangible? Try commodities like gold, silver, oil, and natural gas.
And for the stock pickers out there, It serves up 150+ shares from top companies in the US, UK, and Europe. Apple, Amazon, Tesla – they’re all on the menu. Oh, and let’s not forget about the new kid on the block: cryptocurrencies. Trade Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash without the hassle of a digital wallet.
Research and Education
Knowledge is power, especially in the fast-paced world of trading. That’s why FxPro is committed to providing its clients with top-notch research and educational resources to help them stay ahead of the curve.
First up, let’s talk about market analysis. FxPro’s in-house team of experts provides daily insights on the latest market news and trends, so you’re always in the loop. Their blog is packed with articles on everything from fundamental analysis to technical strategies, all written in a beginner-friendly style.
But FxPro doesn’t stop there. They’ve also partnered with Trading Central, a leading provider of technical analysis, to bring you actionable trading ideas and price forecasts.
That’s where FxPro’s educational resources come in:
- Beginner courses: New to trading? No problem. FxPro’s step-by-step courses cover all the basics, from market fundamentals to risk management.
- Video tutorials: More of a visual learner? Check out FxPro’s library of video tutorials on YouTube, covering everything from platform walkthroughs to trading psychology.
- Webinars: Want to learn from the pros? Tune into FxPro’s regular webinars, where their experts share insights and strategies for navigating the markets.
- Glossary: Don’t know your pips from your lots? FxPro’s extensive glossary has you covered, with clear definitions of key trading terms.
But perhaps the best way to learn is by doing. That’s why It offers a free demo account, so you can practice trading in a risk-free environment. With £100,000 in virtual funds, you can test out strategies and build confidence before putting real money on the line.
| FxPro Educational Resources |
|---|
| Beginner courses |
| Video tutorials |
| Webinars |
| Glossary |
| Demo account |
Customer Service
When it comes to trading, having reliable customer service can make all the difference. FxPro understands this and has built a robust support system to ensure that traders get the help they need when they need it.
Support Channels and Availability
FxPro offers multiple support channels to cater to traders from around the globe:
- Live Chat: Available 24/5, FxPro’s live chat feature allows you to get instant help from a support agent. This is particularly useful for urgent queries.
- Email Support: You can reach out to FxPro via email for more detailed inquiries. They typically respond within 24 hours.
- Phone Support: For those who prefer speaking directly to a representative, It offers phone support in multiple languages.
- Help Center: FxPro’s comprehensive Help Center is packed with FAQs and guides to help you troubleshoot common issues on your own.
Quality and Speed of Assistance
FxPro is known for its high-quality customer service. Their support team is well-trained and knowledgeable, capable of assisting with everything from account setup to technical issues on their trading platforms. According to user reviews, most queries are resolved quickly and efficiently, which is crucial for traders who need timely assistance.
Localized Support
FxPro offers localized support in over 20 languages, making it easier for traders from different regions to get help in their native language. This is particularly beneficial for non-English speaking traders who may find it challenging to communicate their issues effectively in English.
Customer Service Highlights
- 24/5 Availability: Support is available around the clock during trading days.
- Multilingual Support: Assistance in over 20 languages.
- Multiple Channels: Live chat, email, phone, and a comprehensive Help Center.
| Support Channel | Availability | Languages |
|---|---|---|
| Live Chat | 24/5 | 20+ |
| 24/5 | 20+ | |
| Phone | 24/5 | 20+ |
| Help Center | 24/7 | Multiple |
With such a robust support system, It ensures that traders can focus on what they do best—trading—without worrying about unresolved issues.
Deposits and Withdrawals
One of the most critical aspects of a trading experience is the ease and reliability of deposits and withdrawals. FxPro excels in this area by offering a variety of convenient and secure options.
Deposit Methods
FxPro provides multiple deposit methods to suit traders’ preferences:
- Bank Wire Transfers: A traditional and secure method, though it may take a few days to process.
- Minimum Threshold: $100
- Credit/Debit Cards: Instant deposits with Visa, MasterCard, and Maestro.
- E-wallets: Options like PayPal, Skrill, and Neteller offer quick and convenient transactions.
- FxPro Wallet: A proprietary tool that allows you to manage funds across multiple trading accounts seamlessly.
Withdrawal Methods
Withdrawing funds from FxPro is straightforward and hassle-free.
The available methods include:
- Bank Transfers: Typically processed within a few business days.
- Credit/Debit Cards: Fast and convenient, usually taking 1-2 business days.
- E-wallets: Instant withdrawals to PayPal, Skrill, and Neteller.
- Minimum Withdrawal: $50
Processing Times and Fees
One of the standout features of FxPro is that they do not charge any fees for deposits or withdrawals. However, your payment provider may impose its own fees.
Here’s a quick look at the processing times:
| Method | Deposit Time | Withdrawal Time | Fees |
|---|---|---|---|
| Bank Transfer | 1-3 days | 1-3 days | None |
| Credit/Debit Card | Instant | 1-2 days | None |
| E-wallets | Instant | Instant | None |
| FxPro Wallet | Instant | Instant | None |
Key Highlights
- No Fees: FxPro does not charge for deposits or withdrawals.
- Multiple Methods: Bank transfers, credit/debit cards, and e-wallets.
- Fast Processing: Instant deposits and quick withdrawals.
With a variety of secure and convenient options, FxPro ensures that you can deposit and withdraw funds with minimal hassle, allowing you to focus on your trading strategies.
Unique Tools and Platform Add-Ons
FxPro offers several advanced tools and platform add-ons that can give you an edge in the market:
- Trading Central Integration: Access professional-grade technical analysis and actionable trading ideas directly within the FxPro platforms.
- Economic Calendar: Stay updated on key economic events that could impact your trades. FxPro’s economic calendar provides detailed, real-time information about upcoming events.
- FxPro Quant: A powerful tool for creating and testing automated trading strategies without any coding knowledge. Perfect for drop shippers who want to automate their trading activities.
- FxPro VPS: For those using automated trading strategies, It offers Virtual Private Server (VPS) hosting to ensure your trading algorithms run 24/7 without interruption.
Comparison to Other Brokers
When choosing a forex broker, it’s essential to compare the key features and benefits offered by different platforms.
Here’s how FxPro stacks up against some of its top competitors:
| Feature | FxPro | Interactive Brokers | IG | Saxo Capital Markets |
|---|---|---|---|---|
| Regulation | FCA, CySEC, FSCA, SCB | FCA, ASIC | CySEC, ASIC | FCA, NFA |
| Trading Platforms | MT4, MT5, cTrader, FxPro Edge | MT4, MT5 | MT4, cTrader | MT4, MT5 |
| Minimum Deposit | $100 | $200 | $100 | $500 |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:400 | Up to 1:200 |
| Spreads | From 0.1 pips | From 0.5 pips | From 0.2 pips | From 0.3 pips |
| Customer Support | 24/5, 20+ languages | 24/5, 10+ languages | 24/7, 15+ languages | 24/5, 5+ languages |
| Account Types | Standard, Pro, Raw+, Elite | Standard, Pro | Standard, ECN | Standard, Premium |
| Educational Resources | Extensive | Moderate | Extensive | Limited |
| Special Features | Trading Central, VPS, FxPro Quant | VPS, Social Trading | Copy Trading, VPS | VPS, Social Trading |
Reliable Trading Partner
FxPro stands out as a top choice for forex and CFD trading, offering a compelling package for both novice and experienced traders. With its strong regulatory oversight, competitive trading conditions, and extensive educational resources, Itprovides a trusted environment for those looking to enter or expand their trading activities.
One of Its key strengths is its diverse range of powerful trading platforms. Traders can choose from industry-standard options like MetaTrader 4, MetaTrader 5, and cTrader, as well as Its proprietary FxPro Edge platform. This variety ensures that every trader can find a platform that suits their specific needs and preferences.
