Fxpro review
Broker FxPro
Operating in more than 150 countries, FxPro is one of the world's top Forex trading and brokerage companies, as evidenced not only by the feedback of satisfied customers, but also by the awards FxPro has received and proudly displays in its showcase. You can conveniently trade through 4 sophisticated tools - MetaTrader 4, MetaTrader 5, cTrader.
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FxPro broker was founded in 2006. Currently, it offers trading with Contracts for Difference on asset types forex, stocks, indices, futures, commodities and spot energy.
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In addition to Forex, you can also trade a wide range of other instruments with FxPro with top-notch platforms, competitive spreads and first-class order execution.
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FxPro is aware of the modern age and therefore offers you to manage your finances with MetaTrader and cTrader tools from your desktop or laptop, as well as through mobile apps for your smartphone and tablet.
Due to their large reach in as many countries as FxPro has under CySEC license, the company can provide their services quite legally throughout the EU. They are also adapted to this internally, which is why they provide customer support in a large number of languages.
Risk warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| Basic information | |
|---|---|
| Regulations |
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| Number of instruments CFD | 3 |
| Broker type | MM |
| Customer support |
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| Deposit from | 100 EUR/USD |
| Spreads | 1.5 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. |
| Real Stocks and ETFs | |
| Platforms |
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| Instruments CFD | Commodities, Forex, Indicies |
| Established | 2006 |
| Location | FxPro UK HQ13-14 Basinghall str.,City of London, EC2V 5BQ, UK |
| Phone | +44 (0) 203 151 5550 |
| info@fxpro.com | |
| Country | Cyprus, UK |
Broker FxPro
Operating in more than 150 countries, FxPro is one of the world's top Forex trading and brokerage companies, as evidenced not only by the feedback of satisfied customers, but also by the awards FxPro has received and proudly displays in its showcase. You can conveniently trade through 4 sophisticated tools - MetaTrader 4, MetaTrader 5, cTrader.
-
FxPro broker was founded in 2006. Currently, it offers trading with Contracts for Difference on asset types forex, stocks, indices, futures, commodities and spot energy.
-
In addition to Forex, you can also trade a wide range of other instruments with FxPro with top-notch platforms, competitive spreads and first-class order execution.
-
FxPro is aware of the modern age and therefore offers you to manage your finances with MetaTrader and cTrader tools from your desktop or laptop, as well as through mobile apps for your smartphone and tablet.
Due to their large reach in as many countries as FxPro has under CySEC license, the company can provide their services quite legally throughout the EU. They are also adapted to this internally, which is why they provide customer support in a large number of languages.
| Basic information | |
|---|---|
| Regulations |
|
| Number of instruments CFD | 3 |
| Broker type | MM |
| Customer support |
|
| Deposit from | 100 EUR/USD |
| Spreads | 1.5 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. |
| Real Stocks and ETFs | |
| Platforms |
|
| Instruments CFD | Commodities, Forex, Indicies |
| Established | 2006 |
| Location | FxPro UK HQ13-14 Basinghall str.,City of London, EC2V 5BQ, UK |
| Phone | +44 (0) 203 151 5550 |
| info@fxpro.com | |
| Country | Cyprus, UK |
Pros
- Unique trading platform
- Account segregated from other funds
- Regulated conditions
- Protection of financial deposits
Cons
- Smaller trading accounts are characterized by a relatively larger spread between the buy and sell price
- No bonuses are offered
Licences and regulation
Broker Fxpro is authorized and licensed by a number of regulatory bodies around the world, including:
- FxPro Financial Services Ltd - FSCA (South Africa) registration no. 45052
- FxPro UK Limited - FCA (UK) registration no. 509956
- FxPro Financial Services Ltd - CySEC (Cyprus) registration no. 078/07
- Prime Ash Capital Limited - FSCM (Mauritius) registration no. GB21026568
- FxPro Global Markets Limited - SCB (Bahamas) registration no. SIA-F184
What can you trade with FxPro?
6 asset classes: forex CFDs, futures, spot indices, equities, precious metals, energy
Forex- FxPro offers the possibility to trade major currency pairs such as EUR/USD, GBP/USD, EUR/GBP and many other and exotic currencies.
Stocks - You can currently trade stocks of US, UK, French and German companies, of which there are more than 150. The minimum volume per contract is set at 10 shares.
Precious metals - Online trading in gold and silver is also commonplace here, in addition to the main metals trade there is also the possibility of combining commodities - GOLD/EUR and SILVER/EUR.
Spot Energy - Spot commodities such as BRENT, NAT.GAS and WTI Oil can be traded from a spread as low as 0.04 with a margin of 0.5% per lot.
Trading Accounts - The most widely used account type, available in the most popular world currencies (USD, EUR, GBP, CHF, JPY, AUD and PLN). Although the recommended deposit is $500 USD, it is not a problem to deposit much less.
VIP Account - Selected clients who have a high wealth and active trading have VIP options - no-fee deposits, free VPS, exclusive reports and many other amenities.
Trading Platforms
FxPro MetaTrader 4 and 5
: Currently one of the most used trading environments with great graphics and many options - support for analysis and the possibility to verify them or, for example, protection against negative balances. MetaTRader 4 and 5 are both accessible from your computer and from your mobile phone.
FxPro cTrader
: FxPro refers to this tool as its flagship. For more demanding traders who require a higher level of options, cTrader is the ideal tool.
How to start trading with FXpro
If you are not completely sure of your actions and you are more of a weakling in trading, one of the recommended options is definitely to open a Demo Account, where you can try out all the transactions and moves in the system before investing your real money.
Demo is available for MT4, MT5 and also cTrader, but absent in SuperTrader. The maximum account balance can go up to a whopping 500k with possible trading in USD, EUR, GBP, CHF, JPY, AUD and PLN currencies.
Once you are completely sure of your actions you can move on to the option of opening a real trading account, which will only take a few minutes to register.
Education and Tools
FxPro recognizes that they have clients of all knowledge levels, so they hold webinars, seminars and trade shows for their current and future clients to develop them.