Close this search box.


The idea for FxPro was conceived in 2002, and the journey commenced with the launch of their first website in 2006, led by Denis Sukothin.

FxPro Financial Services Ltd was registered on 31 July 2006 and got its CySEC license on 05 March 2007. Since then, FxPro has emerged as one of the most trusted and preferred brokers in the industry. As a globally recognized broker, FxPro has extended its services to more than 170 countries worldwide.

With over a decade of experience, FxPro offers Contracts for Difference (CFDs) across a diverse range of 6 asset classes, including Forex, Shares, Spot Indices, Futures, Spot Metals, and Spot Energy all with premium liquidity and advanced trade execution for its clients.

When it comes to forex trading, relying on a trustworthy broker is crucial. FxPro has been regulated by the Financial Conduct Authority (FCA) since 2010. Additionally, FxPro Financial Services Limited has been authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) since 2007 and the Financial Sector Conduct Authority (FSCA) since 2015.

FxPro is one of the most trusted brokers in the industry, and I have numerous positive memories associated with them. This review includes both my personal opinions and findings from the internet.

This Fxpro broker review will talk about the advantages and disadvantages of FxPro in regard to Fxpro spreads, minimum deposit, account types, demo accounts, trading platforms and tools, customer service etc. 

There’re more details to know and discuss throughout this Fxpro review and I’d advise you to refrain from opening an account with the broker until you read the details in this article first.

Who is FxPro?

It’s a very common question I receive and notice all around when searching the word FXpro, and so I’ve dedicated this part of this Fxpro review to coming to realizations of the needed answers about Fxpro.

Found in 170+ countries with expansions going on by the minute, and with over 30+ supporting languages on their official website, Fxpro didn’t overlook any details when it comes to clarity and transparency with their current and newly joined customers.

With several licenses from different countries around the world, and the great traffic of visitors on their official website of 1.5 million visitors,, FxPro has managed to make a big name for itself not only in the UK forex market but also in the global forex and CFDs trading market.

With many awards up its sleeves, and sponsorships to 3 formula 1 teams, 4 football clubs, 2 rally championships, and 22+ events, all are the big names in each field. The broker is making sure that not only investors and forex traders would know about them, but the general public as well.

With the slogan “Trade like a pro”, they state on their website that they are the number 1 broker for forex. Offers investment services with Forex and CFDs with competitive Fxpro spreads. FxPro offers the highest standards of security for its clients’ funds.

With FxPro, you can choose to trade with 5 different account types, 4 different trading platforms, and 2100+ Instruments to trade, the broker offers the necessary tools for all traders for the best trading experience with the utmost satisfaction and profits.

You can trade with 6 assets of CFDs with FxPro, which this Fxpro review will be breaking down as follows :

  • Forex
  • Shares
  • Indices
  • Futures
  • Metals
  • Energies

And as the broker is making sure you’re having the best trading experience, the pioneering execution of trades, ultimate liquidity, and no dealing desk intervention are all provided to trades.

📃 Country of regulationCyprus, UK, Bahamas, South Africa
💰 Trading fees classLow
💰 Minimum deposit$100
💰 Withdrawal fee amount$0
🎮 Demo accountYes
🕖 Time to open an account1 day
💳 Deposit with bank cardAvailable
💸 Depositing with an electronic walletAvailable
🛍️ Products offeredForex, CFD

Is FxPro Legit: FxPro’s Regulations and Risk Management Measures

In this section of the FxPro review, we will explore the factors that contribute to FxPro’s legitimacy, focusing on its regulatory compliance and customer protection measures.

FxPro UK Limited is authorized and regulated by the Financial Conduct Authority (registration no. 509956). FxPro Financial Services Ltd. holds authorization and regulation from the Cyprus Securities and Exchange Commission (licence no. 078/07) and the Financial Services Board (‘FSB’) (authorisation no. 45052). FxPro Global Markets Ltd. is authorized and regulated by the SCB (license no. SIA-F184). Additionally, Prime Ash Capital Limited, operating as FxPro, is authorized and regulated as an Investment Dealer by The Financial Services Commission of Mauritius (Licence no: GB21026568).

Compliance with these regulatory bodies provides traders with several advantages, including negative balance protection and segregated accounts to safeguard client funds.

FxPro offers negative balance protection for its clients. Negative balance protection offers traders a safety net by preventing their trading accounts from incurring losses beyond the available funds. While it may seem unusual, as you gain experience in forex trading, you’ll come to appreciate its value.

The status quo tendency explains a phenomenon that observers note among traders who pursue a losing strategy even when the strategy has already caused losses for an extended period. This tendency is es- pecially visible in general trading styles and preferences. Traders often base their approach on their previous trading experience. This is known as anchoring bias in which traders use a past decision as a reference point.

Baker, H. K., & Ricciardi, V. (Eds.). (2014).

Previous profits can significantly impact future trading decisions, and knowing that your trading account is shielded from going into negative balance serves as a crucial safety measure. Avoiding the potential debt associated with negative balances is particularly essential in a volatile market like forex, where panic selling induced by financial stress can lead to detrimental trading mistakes.

Confidence is also another factor that can dilute your thoughts. FxPro’s negative balance protection safeguards your trading from any terminal mistakes.

When people are asked for self-evaluations of their health, driving skills, education, or workplace, most rate themselves as more successful than average (Dunning, Heath, and Suls 2004; Horswill, Waylen, and Tofield 2004). Behavioral economists now acknowledge the importance of this feature among economic agents in financial settings, often referring to it as “overconfidence bias”

Larrick, Burson, and Soll 2007

You might be somewhat familiar with rug pulling if you’ve traded crypto; Forex is no stranger to such schemes and scams. You may have also heard of VelocityForex, as they took money from their clients and disappeared. Don’t assume that every regulatory institution is trustworthy; they were regulated by the FBA, but it didn’t prevent them from taking clients’ funds and vanishing. This is why being regulated by a trusted authority is crucial, and FxPro’s regulations, especially from CySEC and FCA, play a significant role in ensuring transparency and security.

FxPro’s regulatory compliances include segregated accounts, protecting you from disasters or attempts similar to VelocityForex’s. A segregated account keeps your funds in secure accounts with trusted banks such as Barclays and the Royal Bank of Scotland, shielding you from any issues that may arise with the broker.

Based on my experience over the years, I believe that FxPro is a legit broker, regulated and monitored by various trusted authorities, including FCA and CySEC, offering protective measures for clients. Clients of FxPro UK are also covered with the Financial Services Compensation Scheme.

Over the years, FxPro has constantly evolved. They’ve launched new account types tailored to clients’ needs, reduced spreads and commissions by almost 70%, and now stand as one of the best in the industry. FxPro has also added new payment methods with 0 fees, eligible for various preferences.

FxPro is a financially strong broker with a company capital of €100,000,000. The higher the capital, the more reliable the broker. FxPro’s capital base signifies that they can cover operational costs, handle market fluctuations, an

Fxpro Account Types

FxPro provides both variable trading platforms and trading accounts. As in they provide MT4, MT5, cTrader, and FxPro trading platforms in which the Fxpro account types are carrying the same names as the platforms.

Let’s say you want to trade and apply your transactions on the most known trading platform in the world, MT4. That means you will be trading with the account so-called FxPro MT4 which has special characteristics and conditions that differ from the other accounts.

In total, Fxpro account types are 5 and I’ll be breaking their features down to you via this part of the Fxpro review.

FxPro MT4 account

Where floating Fxpro spreads are applied and zero commission policy is followed. In this account type, you can trade with all different available instruments like Forex, Metals, Indices, Energy, Futures, Shares, and Cryptocurrencies on the MT4 trading platform, whether that was Metatrader 4 desktop, MT4 Webtrader, MT4 mobile app for iOS / Android, FxPro EDGE web, and FxPro Mobile app for iOS/Android. The minimum trade size that’s allowed on the Fxpro MT4 account is the micro lot. The maximum leverage offered is 1:200 and it might change depending on the instrument that you’ll use. This account is mainly used for Hedging. The minimum stop level offered is 1 pip minimum from the current/entry price.

FxPro MT5 account

Forex, Metals, Indices, Energy, Futures, Shares, and Cryptocurrencies are allowed for trade on different versions of MT5. This account is used for hedging and Netting. Zero commissions and floating Fxpro spreads take place. The minimum stop level here is 1 pip minimum from the current/entry price.

FxPro cTrader account

With this account type, you can trade with Forex, Metals, Indices, and Energy and are allowed to trade on the platforms cTrader Desktop, cTrader Webtrader and cTrader mobile app for iOS / Android. There is no minimum stop level for this account type as it’s used also for hedging. When trading with the cTrader account, a commission of $35 per $1 million trading volume of forex and metals, while you can have floating Fxpro spreads and zero commission on indices and energy.

FxPro account types are divided into various trading platforms, each with its own set of features and costs.

All FxPro account types support trade sizes starting from 0.01 (micro lots) and upwards. Additionally, FxPro associates with no dealing desk intervention, meaning orders are executed without manual interference.

It’s important for users to review the Order Execution Policy and be aware of the risks associated with trading, as outlined in the Risk Disclosure Statement.

FxPro MT4 Instant

FxPro MT4 Instant account type supports variety of tradable instruments, including Forex, Metals, Indies, Energies and Futures. You can access MT4 from any device with internet connection. FxPro MT4 allows you to trade sizes starting from 0.01 micro lots. FxPro’s MT4 instant Account offers fixed spreads with 10 forex pairs and does not charge any commissions. Minimum stop levels are set at 1 pip for FxPro MT4 Instant accounts.

FxPro offers an instant execution for this account, that’s where the name comes from. Hedging is also permitted with this FxPro account type. The trading hours for Forex are 24/5 with a brief halt between 10:00 PM and 10:01 PM UK.

This FxPro account type operates with a No Dealing Desk (NDD) Intervention model. Meaning that, trades are executed without interference from a dealing desk, potentially resulting in faster and more direct order execution.

FxPro MT4 Instant trading account offers a diverse range of instruments with flexible trade sizes. It utilizes the popular MT4 platform across various devices, and costs are primarily based on spreads. The inclusion of hedging by default and a No Dealing Desk intervention model adds further appeal to traders looking for specific features in their trading account.

FxPro Platform

You can trade with Forex, Metals, Indices, Energy, Futures, Shares, and Cryptocurrencies. Besides, the floating Fxpro spreads that are offered on all instruments also introduce zero commission. The minimum stop level is 1 pip minimum from the entry price for most majors of currency trade. Additionally, this account is used in hedging.

MT4 Instant & MT4 Fixed is the one special account dedicated to different types of Fxpro spreads. They offer both fixed and variable Fxpro spreads which are considered a great advantage for the traders as they can choose which one that matches better with their followed trading strategies.

The maximum leverage In Fxpro is 1:200 with forex majors and minors.

In addition to these Fxpro account types, FxPro also offers a swap-free Islamic account option for Muslim traders. Muslim traders need to apply for this via email. The company has the right to request you document your religious belief or reject your application.

Let me tell you through this Fxpro review that the broker doesn’t offer a dedicated account manager or SMS service. In addition, since the clients you introduce will be under your partnership and you will earn rebates from their trading, then they cannot earn rebates on their own trading.

FxPro spreads are quite advantageous and competitive. For example, many brokers offer 2 pips for EURUSD in fixed spread accounts while FxPro offers 1.6 pips. That’s $4 more profit per lot. In floating spread accounts, 1.4 pips for EURUSD at MT4/MT5 accounts.

Withdraw and Funding Methods

We all agree that funding and withdrawal methods are the only means to operate your investments. And so for the broker to have several ways for funding is an essential factor to help the trader. Via this inclusive Fxpro review, I’ll explain the methods of Funding and withdrawals as FxPro is having several branches in different parts of the world, so it’s very natural to have different deposit and withdrawal methods depending on the rules and regulations of each country.

So for example, FxPro UK Limited operating in the UK has fewer means to fund and withdraw than the other branches. There are only options for Credit or Debit cards and Bank transfers. FxPro Financial Services Limited operating in Cyprus and South Africa has the most variety of deposit and withdrawal methods that include: Credit or Debit cards, Bank transfers, PayPal, Skrill, and Neteller. While FxPro Global Markets Limited operating in the Bahamas has the following methods: Credit or Debit cards, Bank transfers, Skrill, and Neteller.

In this Fxpro withdrawal review along with the deposit means we can see different ways of funding and you can choose the best means for you.

FxPro Wallet Review

FxPro wallet is a ground-breaking money and risk management tool by FxPro. It allows transfer of funds between FxPro Wallet and trading accounts at any time.

Recommended minimum amounts for FxPro wallet:

  • USD: $1000
  • EUR: €1000
  • GBP: £1000
  • CHF: ₣1000
  • PLN: zł4000
  • AUD: $1000
  • JPY: ¥100,000
  • ZAR: 17,000

Payment Methods and Processing Times with FxPro

Transfer (BROKER-to-BROKER):

  • Time: 1 working day (depends on involved banks)
  • Fees: Free for funding and withdrawals
  • Details: Download bank transfer details
  • Note: FxPro does not charge for bank wire transactions. Correspondent banks may have their own fee structure.

Card (Maestro/Mastercard):

  • Time: Usually within 10 minutes for funding, 1 working day for withdrawals
  • Fees: Free for funding and withdrawals
  • Note: Customers who funded by card may only withdraw up to the amount funded in the last 6 months or 1 year.


  • Time: Usually within 10 minutes for funding, 1 working day for withdrawals
  • Fees: Free for funding, Free for withdrawals within 6 months; Refunds within 6 months are free.


  • Time: Usually within 10 minutes for funding, 1 working day for withdrawals
  • Fees: Free for funding, Free for withdrawals; A fee up to 2.6% for withdrawals without trading.


  • Time: Usually within 10 minutes for funding, 1 working day for withdrawals
  • Fees: Free for funding, Free for withdrawals; A fee up to 2% for withdrawals without trading.

Fxpro doesn’t apply any fees on any means of deposit and withdrawal within the broker rules nor doesn’t it apply any charges for bank wire transfers. However, there might be some bank charges from the sending or the receiving banks according to their own structure. and these fees are in no way related to the broker.

Trading Platforms

FxPro offers different platforms to its clients and hence it’s already gaining satisfactory feedback from customer reviews. And so, it’s only sensible to have the best in the market presented to the clients which this Fxpro review will be breaking down for you. As Metaquotes’s MT4 and MT5 are offered, it gives a great start for an advantageous point for FxPro.

Not only they’re the best in the forex trading world but they also the most used and traded platforms. With great functions and management and follow-up tools, the MetaTrader is indeed the best and easiest assistant for traders.

cTrader is also available for usage and can be downloaded on your Windows pc. Where it uses cTID (cTrader ID) login functionality, meaning that all linked accounts can be accessed through a single login, and settings are synced.

Then we have the last offered trading platform by FxPro the broker’s very own FxPro trading platform which is also known as FxPro Edge. This is an all-in-one solution, that makes you able to manage your accounts, manage funds & Trade from the integrated platform. You can download the platform from both google play and the app store on your phone as well to get it on your desktop as well through web trader.

To sum it up, the available platforms at FxPro are:

  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • FxPro Edge

Demo Accounts

In this part of the Fxpro review, I’ll show the conditions and terms that the broker is allowing the demo account which is one of the best in the market. FxPro offers a 30-day Demo account option for both beginner traders to improve themselves and for experienced traders to test their new strategies. However, if no action is taken on the Demo account for 30 days, the account is closed.

You can find the button to register to a demo account almost everywhere on the broker’s official website home and branch pages too. The demo accounts are usually aimed at the forex newbies to try out the market first before going into a live account.

Demo accounts can also be used by expert traders who want to try out new strategies or test their knowledge.

FxPro’s Affiliate Program and Sponsors

FxPro offers a comprehensive Affiliate and Introducing Broker programs. This is especially beneficial if you are a strategist who wants to share their strategies. It was also benefficial if you don’t have the capital but you know the intricacies of forex market.

What are the benefits and commissions of FxPro’s Introducing Broker (IB) Program?

  • FxPro’s Introducing Brokers (IB) can earn up to 55% of spread revenue.
  • FxPro pays $3 million to its partners monthly.
  • Your income increases gradually according to the number of clients you introduce.

IB Commissions are credited to your FxPro Wallet on a weekly basis. You may use bank wire transfer to withdraw your commissions.

FxPro Sponsorships

FxPro actively supports global events and sports teams, including McLaren, a team that I hold a special affinity for. Over the years, FxPro has invested a substantial $183,000,000 in sponsorship deals. The most significant ones include:

  • FxPro has maintained an ongoing sponsorship deal with McLaren since 2018.
  • FxPro has sponsored two WRC (World Rally Championship) events in the past.
  • FxPro has been the main sponsor of several prominent football clubs, including Monaco FC, Fulham FC, Aston Villa FC, and Watford FC.

FxPro Spread Betting

Suppose you are interested in trading the EUR/USD currency pair, where the current exchange rate is 1.1500.

  1. You anticipate that the Euro will strengthen against the US Dollar in the short term.
  2. You choose a spread betting provider, FxPro for example, and they offer a spread of 0.0002 (2 pips) for EUR/USD.
  3. You decide to go long (buy) on the EUR/USD pair with a stake of $10 per pip.
    • Buy (Long): If you expect the Euro to strengthen, you ‘Buy’ at the higher end of the spread (ask price), which is 1.1502.
    • Total Stake: $10 per pip * 0.0002 = $2.

If the EUR/USD exchange rate rises to 1.1520, you make a profit of 18 pips (1.1520 – 1.1502) times your stake. So, 18 * $2 = $36 profit.

Conversely, if the exchange rate falls to 1.1480, you incur a loss of 22 pips (1.1502 – 1.1480). Therefore, 22 * $2 = $44 loss.

Forex spread betting is like making a bet on whether a currency will go up or down, and your money changes based on how much it moves, using a measure called “pips.”

FxPro offers Spread Betting through its customizable platform, FxPro Edge, exclusively for UK residents, allowing them to trade tax-free across five asset classes; featuring tight spreads, limited risk accounts at no extra cost, and a fully-customizable trading.

Conclusion of FxPro Review

Within this Fxpro review, we have covered all the details concerning the broker, from their unique collection of licenses from different parts of the world, Fxpro is branching into the UK, Cyprus, the Bahamas, and South Africa. With FCA, CySEC, FSCA, and SCB respectively. Segregated accounts are present within the broker to make sure the clients’ funds are separate from the operational funds for Fxpro and to make sure clients’ funds are protected to the maximum level.

With 5 different Fxpro account types and 4 different trading platforms that were mentioned in this Fxpro review, the broker is making sure to provide all possible varieties for different clients and their trading preferences. Fixed and variables Fxpro spreads are provided and the maximum leverage offered by the broker is 1:200 on forex trading currency pairs.

Demo accounts are available for new starters in the Forex and CFDs market for easy and knowledgeable trade before going into the live accounts. Fxpro customer service is available 24/5 with different languages available to accommodate their great base of customers from all over the world.

Generally, this Fxpro review is showing the 15+ years of experience that FxPro sustains, with multiple awards from all over the world within the financial trading industry. Via sponsorship deals with the biggest names in sports and events, Fxpro is making sure to prove they are the best in the market for their current and future clients.


14 thoughts on “FxPro”

  1. In my opinion FxPro is good broker! Their support team rocks! Really help me so much. And they provide great webinars both for newbies and more advanced traders. Good range of trading instruments and very competitive spread.

  2. One of the most well-known brokerage companies, I work with them for a several years and never had any issues with the withdrawals, execution, server connection or another technical problems. Trustworthy and recommended broker!

  3. I am a novice, but it seems like FXPRO is a pretty good company. Convenient personal cabinet, large selection of trading tools, algorithmic trading is allowed. Also they offer good education.

  4. I’m completely satisfied with my Fxpro experience. Especially after my first successful withdrawal. It is the first broker where I have no problems. The platform is very easy to use. Also they provide good spreads and wide range of trading tools.

  5. The service is really good. Fxpro offers modern and fast platforms. And they often withdraw the profit. If you are looking for a trustworthy broker, I think I Fxpro is the right choice.

  6. Awesome and transparent broker. Traded with them for over 3 years, never had problems. They offer good spreads, convenient and fast platform, smooth transactions and good analytics. Client support is also at the highest level. No problems at all.

  7. I have been trading here for several years. I have no serious problems yet. Sometimes I have questions about the execution, but in general, everything is fine, compared to the various scam brokers fxpro is a paradise for the trader.

  8. I have a pretty nice experience with fxpro, everything goes well. Tradings run smoothly. Quite easy and fast registration, deposit and withdrawal process. Fast order execution.

  9. You need to know first what kind of trader you r…..I used to trade with FxPro under SCB, I have no complain under SCB, but since I stay in Dubai I want to transfer to FxPro Mena for easy withdrawal, but I have no idea that thers a difference between the 2? with an account of 300 I can only place one trade under FxPro mena, but under SCB I can place several trades aslong as the account can handle it. What I am saying is, if you are a fixed trader or a floating ….u better research first which broker u want to signup. If you are a risk taker just like me, u can go for Fxpro SCB, if you want a fixed and move slow U can choose FxPro Mena. I have no idea about FCA and Cysec, but iv tride the Mena and SCB, thers a big big difference. Now im back to FxPro SCB. Sorry, english here is not that good.

  10. I started with FxPro couple of months ago and I am astonished by their flexibility, quick deposit and withdrawal and customer support. Maybe it is a little bit early to make conclusion but I would certainly recommend FxPro to any trader.

  11. About 7 months ago I opened an account with FXPro. Execution time is pretty fast. Whenever I want to withdraw profit, they send my money the same day.

  12. I have been trading in this broker for 2 years. I did not have a problem depositing and withdrawing money. Especially when I use debit card as a withdrawal method I can withdraw money very quickly. good broker with good conditions.

  13. This broker is very professional and support desk is so helpful. They dont hvae many account types and spreads are relative high but they are trustworthy and good services.

  14. I have been trading trading for about 6 years. During this period I changed the brokers continuously, so the types of forex account I used changed constantly. I did not research any other brokers after I opened an account with Fxpro. Customer support is very good.


Leave a Comment

logo fxpro, fxpro logo vector, fxpro logo png, fxpro logo
Rating: 9.0