FxPro Review
Feature | FxPro |
Minimum deposit: | $100 |
Withdrawal fee amount: | None |
Inactivity fee charged (Y/N): | N |
Max leverage: | 1:30 |
Spread from: | 0.6 pips |
Number of instruments: | 2,100+ |
Year founded: | 2006 |
Time to open account: | 1 business day |
Demo account provided (Y/N): | Y |
Countries of regulation: | United Kingdom, Cyprus, South Africa, Bahamas |
Products offered: |
Our full FXPro review is coming soon.
FxPro is an international online broker, with its headquarters in the City of London, and offices around the globe. The firm offers trading via CFDs, across several asset classes, including Forex, Shares, Futures and Spot Indices. The broker is fully authorised and regulated by the Financial Conduct Authority (FCA) in the UK, and also by other relevant authorities in the jurisdictions in which it operates. Company policy includes segregating all client funds, for top-level security. FxPro was voted the UK’s Most Trusted Forex Brand, 2017, by Global Brands Magazine.
At FxPro, commissions and fees depend on the platform being used and the type of order execution, as well as the instrument being traded. The most competitive spreads are offered via the cTrader platform, which uses variable spreads, and for some asset classes, a combination of a commission and a variable spread. When trading via MT4 you can choose between fixed and variable spreads. Rollover charges are levied on trades kept open overnight. All fees and charges are displayed on the website, but the fee structure is a little complex, so it’s important to read through the information for the assets you are trading.
FxPro offers a choice of platforms, with the full suite of MetaTrader software available, allowing MT4 and MT5 traders to use the desktop, web-based, and mobile versions of their preferred MetaTrader platform. There is also the option to use the cTrader platform, which is growing in popularity, due to its user-friendly and versatile interface, and the ability to incorporate other trading applications, such as cAlgo, used to automate trading activities, and cMirror, which is a social copy trading application. Both MetaTrader and cTrader allow for the integration of a wide range of tools and indicators.
Multi-lingual customer service is available 24 hours a day, 5 days a week, and can be accessed via phone, email or live chat. There is a dedicated global support phone line, run in English, as well as freephone numbers for many countries, including France, Germany and Russia. Email support is fast to respond and very helpful. Perhaps the most convenient form of support for most people will be the live chat option, easily accessed via the website. The company also provides a lot of useful customer information on the website, including links to legal documents and terms and conditions, accessed via the footer of the website.
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