FXPro Trading Broker Review

FXPro is a globally recognized online trading broker established in 2006 and headquartered in the United Kingdom. Over the years, it has built a solid reputation within the financial industry, offering a wide range of trading services to retail and institutional traders alike. FXPro has expanded its operations across the globe, with licenses in several countries, ensuring its adherence to international regulations and providing customers with a secure and reliable trading environment.

At-a-glance Statistics

Number of Tradable FX pairs

Number of Regulators

TrustPilot Rating

Number of TrustPilot Reviews

Traffic & Engagement

• Total visits, January 2025:547,311
• Device distribution:
• Desktop: 71.17%
• Mobile: 28.83%
• Visit duration: 00:02:25

Social Traffic

• Visitors:
• Youtube: 42.49%
• LinkedIn: 22.36%
• Facebook: 16%
• Pinterest: 1.8%
• Other: 17.35%

Geographic Distribution of FxPro Website Traffic

FxPro Contact Information

The broker provides access to a variety of trading instruments, including forex, stocks, commodities, indices, and cryptocurrencies, catering to diverse trading preferences. FXPro offers multiple platforms, including MetaTrader 4, MetaTrader 5, and cTrader, giving traders the flexibility to choose their preferred interface for trading.

FXPro aims to suit a wide range of traders, from beginners to seasoned professionals. For beginners, the platform offers user-friendly interfaces, educational resources, and customer support to help them develop their skills. With advanced tools, superior charting, and risk management features, experienced traders can also benefit from FXPro’s comprehensive trading services. With its solid reputation, strong regulation, and versatile account types, FXPro remains a leading choice for many traders worldwide.

General Information about FxPro

Account Information

Trading Information

Spreads

Leverage

Deposit Methods

Regulations and Security

FXPro is a highly regulated broker, ensuring a secure and trustworthy environment for its clients. The company holds licenses from top-tier financial authorities around the world, including the Financial Conduct Authority (FCA) in the UK, Cyprus Securities and Exchange Commission (CySEC), and the South African Financial Sector Conduct Authority (FSCA). These regulations help guarantee that FXPro adheres to strict financial standards, ensuring fair trading practices and safeguarding client funds.
FXPro also offers investor protection by maintaining segregated client accounts, meaning that clients’ funds are kept separate from the company’s operational funds. This adds an extra layer of security to client deposits. In addition, FXPro is a member of the Financial Services Compensation Scheme (FSCS) in the UK, providing further protection for traders in the event of insolvency.
To ensure the integrity of its services, FXPro employs cutting-edge security measures, including SSL encryption to protect sensitive data and two-factor authentication (2FA) for account security. These measures aim to prevent unauthorized access and safeguard client information at all times.
With its strong regulatory framework and commitment to security, FXPro provides traders with the confidence they need to trade in a safe and transparent environment.

Account Types and Features

FXPro offers a range of account types to cater to traders with varying experience levels and trading preferences. The available accounts are designed to provide flexibility in trading, with each offering distinct features and benefits.

• Standard Account

  This account is ideal for beginners and retail traders. It provides access to a wide range of instruments, with competitive spreads and no commission charges. The Standard account offers easy access to the markets with a user-friendly interface, making it an excellent choice for those starting their trading journey.

• VIP Account

  Aimed at more experienced traders, the VIP account provides tighter spreads and lower commission costs, along with additional premium features like dedicated customer support and personalized service. This account is designed for those seeking a higher level of trading conditions.

• Demo Account

  FXPro also offers a demo account, which is perfect for beginners to practice and gain experience without risking real money. It simulates live market conditions, allowing traders to hone their skills and familiarize themselves with the platform before committing to a live account.

• Islamic Account

  For clients who require an interest-free trading environment due to religious beliefs, FXPro offers an Islamic account that complies with Sharia law, with no swaps or rollover fees.

How to open an account with FXPro

Opening an account with FXPro is a simple and easy process, designed to be as quick as possible. Whether you’re a beginner or an experienced trader, you can start trading in just a few steps.

1. Step 1: Choose Your Account Type
   The first step is to choose the type of account that best suits your trading goals. FXPro offers various account options, such as Standard, VIP, and Islamic accounts. Select the one that aligns with your trading style and preferences.
2. Step 2: Provide Personal Information
   To start the registration process, you’ll need to provide your personal details, including your name, address, phone number, and email. FXPro ensures that all data is handled securely and is used only for account verification purposes.
3. Step 3: Submit Identification Documents
   In compliance with global regulatory standards, FXPro requires verification of your identity and address. You will need to submit a valid form of identification (passport, driver’s license, or national ID card) and a recent utility bill or bank statement to confirm your address.
4. Step 4: Fund Your Account
   Once your account is verified, you can proceed to fund your account using a variety of payment methods such as bank transfer, credit/debit card, or e-wallets like PayPal. The minimum deposit requirements depend on the account type selected.
5. Step 5: Start Trading
   With your account funded, you’re now ready to access the trading platforms, explore different instruments, and start your trading journey.

The entire account opening process is quick, and the FXPro support team is always available to assist you in case you encounter any issues during registration.

Trading Platforms

FXPro offers a variety of trading platforms to meet the needs of all types of traders, from beginners to experienced professionals. These platforms are designed to provide seamless trading experiences with robust features, making it easy to access global markets.

• MetaTrader 4 (MT4): One of the most well-known trading platforms globally, MT4, is known for its user-friendly interface, advanced charting tools, and automated trading capabilities. It is perfect for beginners and advanced traders alike, offering a full suite of tools for technical analysis and trading.
• MetaTrader 5 (MT5): An enhanced version of MT4, MT5 provides additional features such as more timeframes, order types, and improved charting. It also supports more asset classes, including stocks and futures, making it an excellent choice for traders looking to diversify.
• cTrader: cTrader offers an intuitive interface, high-speed execution, and advanced charting tools. It is particularly suitable for traders interested in scalping, automated trading, and quick order execution.
• FXPro WebTrader: FXPro’s WebTrader is a proprietary platform that allows traders to access their accounts from any browser without needing to download additional software. It offers fast and efficient order execution, alongside comprehensive charting tools and indicators.
• FXPro Mobile App: The FXPro mobile app brings the full power of the trading platforms to your smartphone or tablet. It provides easy access to markets, real-time quotes, advanced charting tools, and trading on the go, ensuring you never miss a trading opportunity.

All of these platforms are designed to provide flexible, efficient, and secure trading experiences, whether on desktop, mobile, or web.

Trading Instruments

FXPro offers a wide range of trading instruments, allowing traders to diversify their portfolios across multiple asset classes. These include forex, indices, commodities, stocks, and cryptocurrencies, each with competitive leverage and spreads tailored to different trading strategies.

• Forex

  • Currency Pairs: FXPro provides access to over 70 currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs such as USD/TRY and EUR/TRY. This extensive selection offers traders flexibility in targeting various market opportunities based on regional or economic factors.
  • Leverage: For retail clients, FXPro offers leverage up to 1:500 on forex trading, enabling traders to control larger positions with a smaller initial deposit. Leverage options may vary depending on the asset and jurisdiction, giving traders the ability to adjust their risk exposure.
  • Spreads: FXPro provides competitive spreads on major currency pairs, starting as low as 0.6 pips, ensuring that traders can enter and exit positions with minimal costs. Spreads for exotic pairs and minors may vary, but they remain competitive within the industry.

• Indicies

  • Global Indices: FXPro offers access to key global indices such as the S&P 500, FTSE 100, DAX 30, and NASDAQ 100, allowing traders to speculate on the performance of global markets. These indices are linked to broader economic trends, offering traders the opportunity to take positions on macroeconomic shifts.
  • Leverage: Leverage for trading indices can go up to 1:20, depending on the specific market and regulatory region, allowing traders to magnify their market exposure with a controlled level of risk.
  • Spreads: FXPro offers competitive spreads on indices, starting from as low as 1 point. This makes it easier for traders to speculate efficiently on global market trends, benefiting from favorable pricing.

• Commodities

  • Metals: FXPro offers trading in popular precious metals such as gold, silver, and platinum. Traders can access these metals with leverage up to 1:500 for forex accounts, with gold spreads starting from 0.3 pips, providing flexibility for traders looking to speculate on or hedge against market volatility.
  • Energies: FXPro also provides access to key energy commodities such as crude oil and natural gas, both of which are popular for speculation on market volatility. Traders can enjoy leverage up to 1:200, with spreads starting from as low as 0.03 points for crude oil.
  • Agricultural Commodities: FXPro offers trading in a variety of agricultural commodities such as coffee, sugar, and wheat. These assets allow traders to diversify into soft commodities, with varying leverage and spreads depending on market conditions.

• Shares (CFDs)

  • Global Stocks: FXPro offers CFDs on a wide range of global stocks, including major companies in sectors such as technology, finance, and healthcare. Traders can speculate on price movements without owning the underlying shares, giving them flexibility to trade across multiple industries.
  • Leverage: Leverage for trading stock CFDs can go up to 1:20, depending on market conditions and the specific stock being traded.
  • Spreads: The spreads on stock CFDs vary, with competitive conditions offered for both short-term and long-term traders.

• Cryptocurrencies

  FXPro also provides access to popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), allowing traders to speculate on the volatile movements of digital currencies without holding the actual asset.

Trading Conditions

FXPro offers competitive trading conditions designed to meet the needs of traders at every level. Whether you’re a beginner looking for low entry costs or an experienced trader seeking tight spreads and fast execution, FXPro provides the necessary tools and features to enhance your trading experience.

• Execution Speed: FXPro is known for its fast order execution, with minimal slippage and quick trade execution, especially on its MT4 and cTrader platforms. This enables traders to take advantage of market opportunities in real-time, without delay.
• Spread & Commission: FXPro offers tight spreads across a range of instruments. On major currency pairs, spreads start as low as 0.6 pips. For other asset classes like commodities, stocks, and indices, spreads are highly competitive, ensuring cost-effective trading conditions for both short- and long-term strategies.
• Leverage: As mentioned previously, FXPro offers leverage up to 1:500 for forex trading, with lower leverage for other asset classes, such as 1:20 for indices or 1:200 for commodities. Traders can adjust their leverage according to their risk tolerance and trading preferences.
• Order Types: FXPro supports a wide range of order types, including market orders, limit orders, and stop orders, allowing traders to execute their strategies with flexibility and precision. Additionally, one-click trading options are available on platforms like MetaTrader for rapid execution.

With its low spreads, fast execution speeds, and the ability to tailor leverage, FXPro offers competitive trading conditions that can benefit traders of all types.

Deposits and Withdrawals

FXPro provides traders with a variety of deposit and withdrawal options, ensuring smooth and convenient transactions for clients around the world. Whether you’re funding your account or withdrawing profits, FXPro strives to make the process seamless, secure, and efficient.

Deposit Methods

FXPro supports several methods for depositing funds into your trading account, including bank transfers, credit/debit cards (Visa, MasterCard), and e-wallets such as PayPal, Skrill, and Neteller. Traders can choose the most convenient and cost-effective method for their needs. Deposits are typically processed instantly or within a few hours, depending on the method selected.

Withdrawal Methods

Withdrawals can be made using the same methods available for deposits. FXPro ensures fast withdrawal processing, with most requests being completed within 24 hours for e-wallets and card payments. Bank transfers may take longer, typically 2-5 business days, depending on the bank’s processing time.

• Fees and Charges: FXPro generally does not charge any fees for deposits or withdrawals, but traders should be aware that some payment providers may impose their own fees. It’s important to check with your chosen payment method provider to understand any additional costs.
• Processing Time: For most deposit and withdrawal methods, FXPro processes transactions quickly, typically within a few hours or one business day. However, depending on the payment method, withdrawal times may vary.

Overall, FXPro offers flexible and efficient deposit and withdrawal options, with reliable processing times and minimal fees, making it easy for traders to manage their funds.

Copy Trading and Additional Services

FXPro offers a Copy Trading feature that allows traders to follow and copy the strategies of experienced and successful traders. This service is ideal for beginners or those who may not have the time to actively monitor markets. By automatically mirroring the trades of chosen signal providers, traders can benefit from the expertise of others while managing their risk.

Copy Trading Platform: FXPro’s copy trading service is integrated within its platforms, allowing users to browse a wide selection of professional traders, view their performance, and select the traders they want to follow. This feature is designed to be user-friendly and customizable, offering traders control over their risk parameters and the number of trades they wish to copy.

In addition to copy trading, FXPro provides a range of educational resources, including webinars, market analysis, and guides designed to help traders improve their knowledge and strategies. These tools are aimed at both new and experienced traders, helping them stay informed and make better trading decisions.

Customer Support

FXPro offers dedicated customer support to ensure a smooth and efficient trading experience. The support team is available 24/5 through multiple channels, including live chat, email, and phone support. Traders can expect quick responses to any queries or issues, with knowledgeable staff ready to assist with technical problems, account management, and trading-related inquiries. The FXPro website also features an extensive FAQ section where common questions are answered, allowing traders to find immediate solutions to their concerns. With customer support available in multiple languages, FXPro ensures accessibility for a global client base.

Pros and Cons

Conclusion

In conclusion, FXPro stands out as a reputable and reliable broker for traders of all experience levels. Offering a wide range of trading instruments, including forex, indices, commodities, stocks, and cryptocurrencies, FXPro provides the flexibility to create a diversified trading portfolio. Its competitive spreads, high leverage options, and access to powerful trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader make it an attractive choice for both novice and experienced traders.

The broker’s emphasis on regulation and security provides peace of mind to its clients, while its customer support and educational resources ensure traders have the assistance and tools they need to succeed. FXPro’s copy trading feature adds an extra layer of convenience for those looking to follow experienced traders and benefit from their expertise.

With fast execution speeds, low costs, and a user-friendly interface, FXPro offers a comprehensive and accessible trading experience. However, traders should be mindful of the slightly lower leverage available for certain asset classes and the possible fees for some withdrawal methods. Overall, FXPro continues to be a trusted broker for global traders looking to enhance their trading potential.

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What sets Rational FX apart is its rigorous evaluation process, which considers over 30 different criteria when selecting forex brokers. This comprehensive approach ensures that every aspect of a broker's service is taken in consideration, including regulation, forex spreads, trading platforms, deposit methods, and reputation. With its wealth of experience, transparent review process, and outstanding customer feedback, Rational FX is a trusted source for anyone seeking reliable information on forex brokers. You can reach us via e-mail at feedback@rationalfx.com or contact us through our social media accounts here: Facebook, YouTube, or leave a feedback here.