FxPro Review: Is FxPro A Good Broker For You?

By udemand123
Updated: 23 March 2023
FxPro Review: Is FxPro A Good Broker For You?

Select another broker to another broker to compare features, fees, and platforms side by side. At RationlFX.com, we prioritize clarity and transparency in all our interactions. We only list trading platforms regulated by tier 1 and tier 2 institutions including CySEC, FCA, ASIC, NFA. Our services are available to everyone free of charge, but we do receive compensation from some of our partners for referring clients to them. 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.

  • Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features.
  • The primary distinction between MetaTrader4 (MT4) and MetaTrader5 (MT5) lies in the diverse range of CFD products offered by each platform.
  • Compare FxPro with the best similar brokers that accept traders from your location.
  • On the other hand, the FxPro account’s execution type is market-based, meaning that orders are executed at the volume-weighted average price (VWAP).
  • It also holds offshore licences from the Securities Commission of the Bahamas (SCB) and the Financial Services Authority of Seychelles (FSA).

But when I try to request withdrawal, they keep rejecting without giving any reason. I email to the support email also no response more than 3 days, they keep saying I lack some documents, and don’t tell me what’s it. Even though I submitted phone ownership proof, they also don’t try to call me for verification to let me request withdrawal. I can’t find any one assistance me in live chat, keep telling me to wait. With over 123 industry awards, FxPro continues to set the standard for professional trading conditions. Whether you’re a beginner or an experienced trader, our mission is to provide a secure and seamless trading environment.

They have around 446 employees that help the company provide Contracts for Difference (CFDs) on forex, futures, indices, shares, to 10,000+ clients through MT4, MT5, cTrader, Tablet & Mobile apps. Some additional benefits are webinars that are available in different languages and news in real-time. The broker provides the ability to trade Contracts for Difference (CFDs) in currencies, stocks, futures, energies, and precious metals to retail and institutional clients. Traders can choose multiple time frames to monitor and can easily add multiple trading indicators, such as moving averages. After setting up a chart, the mobile app allows traders to easily trade from the chart, with easy trade sizing and buy and sell directional orders.

  • The broker requires a minimum initial deposit, which varies based on the account type chosen.
  • As part of our FxPro review, we review customer service options, response times and problem resolution effectiveness on the FxPro trading platform.
  • Unlike other brokers, FxPro offers streaming mobile news with major news headlines that can impact markets.
  • These platforms are available for trading on various devices, including desktop computers, web browsers, smartphones, and tablets, ensuring flexibility and accessibility for traders on the go.
  • These include scalping, hedging, the use of EAs, and spread betting which are all permitted.

There is a how-to verify the profile, how to start trading and a platform of download tutorials as well as the basic tutorials about how to use the platforms, and more which is available in English Although the Trading Central Analysis is not free, FxPro offers it for free to its customers. Charting and Trading tools are provided by the third parties platforms of cTrader, MT4 and MT5. Besides, when it comes to drawing tools, the third-party platforms are customizable and offer 31 tools. When it comes to dealing through FxPro, you can access the market via a minimum sizing of 1 micro lot. This means that, on forex, you will be allowed to open positions as low as 0.01 standard lots.

FxPro is a great multi-asset broker, regulated in four jurisdictions and trusted globally. There are more than 2100 assets available for trading including Forex, CFDs on stocks, indices, commodities, cryptocurrencies, and futures. There’s no annoying chatbot that passes time while you wait for a https://traderoom.info/fxpro-overview/ customer service agent to become available.

Deposits & Withdrawals

This broker offers competitive fee structures, with spreads varying based on the chosen account type and platform. This comprehensive review offers an in-depth exploration of its offerings, performance, and suitability for traders seeking a trusted partner to navigate the complexities of the financial markets. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. I started trading with FxPro after hearing positive feedback, and my own experience has been excellent. The platform is stable, order execution is fast, and the spreads are very competitive. I also like that they are a regulated broker, which gives me extra peace of mind when trading larger amounts.

Also, the broker offers a macroeconomic calendar to keep track of important events that usually impact the market. Our team was interested in this broker, and so we conducted a detailed check and tested their trading platforms. FxPro provides a thorough analysis and comparison of each trading account for traders to have a better understanding of what each account is comprised of. For those who prefer the MT5 platform, the FxPro MT5 account type is what you’re looking for, offering access to every financial market. This particular FX broker provides a range of trading platforms that are widely regarded as some of the best available.

Does FxPro offer copy trading?

FxPro shows on its official site how you are able to trade real time stocks in a demo account. With a digital FxProdemo account, you are able to experiment in any way, to whatever period you desire. You might even open positions, test different trading approaches, and much more. Understand the trading resources available with FxPro, Startrader & freetrade below. If trading currency pairs is of interest to you then FxPro offer over 70 forex pairs.

Customer Support rating100%

It is common to experience rapid losses when trading financial investments like Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time. FxPro partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their FxPro clients’ funds.

How FxPro Trading Options Compare Against Other Brokers

FxPro will professionally cater to your needs, irrelevant to whether you are a new trader, an established one, or an institutional client. VPS hosting is available at a charge, which is the only unfortunate fact about this broker, while FxPro should lower commissions, given the overall success of this firm. Despite this, the bottom line remains that FxPro is a world-class broker with an expanding asset and client base.

In other words, an online broker isn’t necessarily affected by the amount of customers they have. You can start using the MetaTrader 4 platform with FxPro in multiple formats including through an online web platform, or through a downloadable application for Windows PC’s and Mac’s. FxPro allows traders to trade on mobile devices through Android and iOS devices. Every online trading platform will have some ups and downs, and no FxPro review would be complete without showing both sides. This FxPro review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Pros & cons of FxPro account types

However, be cautious of bogus and untrustworthy brokers hiding in the shadows, ready to exploit naive traders. FxPro is best for forex and CFD traders who want a wealth of choices in trading markets. Their range of forex pairs and the ability to trade equity indices, individual company shares, cryptocurrencies, metals, and energy set them above competitors in this space. While most trades are commission-free, some may be irked by commissions charged when using their cTrader automated platform.

The journey began with the formation of the idea, leading to the launch of its first website in 2006. By 2008, FxPro had become the first broker to sponsor a Formula 1 team, marking a significant milestone in its history. As you’ll determine in our FxPro Review, the corporate offers CFDs and spread depending on the Forex, futures, spot, share, spot, and spot metrics. They serve clients in over 150 countries round the world and offers multilingual 24/5 customer support. They have six different fund transfer methods, i.e., Bank Wire Transfer, Credit Card, UnionPay, PayPal, Skrill & Neteller.

Best Forex Brokers for Sri Lanka in 2025

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. 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. 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. The FxPro Wallet makes intra-account transfers quick and easy, a great customer support team stands by if needed, and FxPro has collected over 105 industry awards for its services.

UK clients who are interested in tax-efficient trading through spread betting will also find FxPro Edge to be a compelling choice. As a web-based platform, FxPro Edge is compatible with all major browsers, including Chrome, Firefox, Safari, and Edge. This cross-browser compatibility ensures that traders can access their accounts from any computer or mobile device, regardless of the operating system. For traders who prefer not to download software, FxPro offers web-based versions of MT4, MT5, and cTrader. These platforms can be accessed directly through a browser, providing the same powerful features as the desktop versions. The web platforms are highly responsive, offering fast execution speeds and real-time data.

Another concern with online trading brokers is in respect to security may be manipulation of trading. However, this is more prevalent in the example of Market Maker agents who compete with customers on the platform. FxPro’s social trading platform allows traders to share their expertise with others to build a community of investors and traders.