Regulation ASiC , CySEC , FSA , MiFID
Accepts US Clients: No
Min. Deposit: $500
Leverage: 1:500
Platforms: FxPro cTrader , FxPro cTrader Web , MT4 Client Terminal , MT4 MultiTerminal , MT4 Premium , MT4 WebTrader

Broker Overview

FXPro is one of the largest dealers on the planet, and have been the preferred broker of thousands of traders in the currency markets. Because of this, the broker has facilitated thousands upon thousands of trades in thousands of accounts. The company is regulated in several countries, so it adheres to the strictest principals.

Company Information

Broker’s Name FxPro Financial Services ltd
Website https://www.fxpro.com/
Headquartered in Limassol
Founded in 2006
Regulating Authority ASiC, CySEC, FSA, MiFID
US Clients Accepted  ForexTradingTime.com_ Forex Brokers List & Reviews
Telephone Number 44(0)207 776 9720
Fax Number 44(0)207 600 706
E-mail Address info@fxpro.co.uk

Account Options

Type of Broker ECN , STP
Commission Yes
Mini Account  ForexTradingTime.com_ Forex Brokers List & Reviews
VIP Account  ForexTradingTime.com_ Forex Brokers List & Reviews
Segregated Account  ForexTradingTime.com_ Forex Brokers List & Reviews
Islamic Account (Swap Free)  ForexTradingTime.com_ Forex Brokers List & Reviews
Demo Account  ForexTradingTime.com_ Forex Brokers List & Reviews
Institutional Accounts  ForexTradingTime.com_ Forex Brokers List & Reviews
Managed Accounts  ForexTradingTime.com_ Forex Brokers List & Reviews
Maximum Leverage 1:500
Minimum Deposit $500
Deposit Options Bank Wire Transfer , Credit Card , Debit Card , Moneybookers , Neteller , PayPal
Withdrawal Options Bank Wire Transfer , Credit Card , Debit Card , Moneybookers , Neteller , PayPal

Bonus & Rewards

No Deposit Bonus ForexTradingTime.com_ Forex Brokers List & Reviews
Bonus for First Deposit ForexTradingTime.com_ Forex Brokers List & Reviews
Is the Bonus Based on the Volume of the Transaction? ForexTradingTime.com_ Forex Brokers List & Reviews
Other Bonuses ForexTradingTime.com_ Forex Brokers List & Reviews

Trading Platform

Platform Type FxPro cTrader, FxPro cTrader Web, MT4 Client Terminal, MT4 MultiTerminal, MT4 Premium, MT4 WebTrader
Platform Languages English, Italian, Spanish, German, Russian, French, Portuguese, Arabic, Polish, Chinese, Japanese, Hungarian, Indonesian, Korean, Vietnamese
OS Compatibility Mac OS , Windows , Android
Streaming News Feed Yes
Trading Signals ForexTradingTime.com_ Forex Brokers List & Reviews
Automated Trading Yes
Trade From Charts Yes
Market Commentary Yes
E-mail Alerts Yes
Mobile Alerts Yes
Scalping Yes
Hedging Yes
Trailing Stops Yes
Guaranteed Stop Loss No
Guaranteed Limit Orders No
Guaranteed Fills No
Interest on Margin No
One-Click Execution  Yes
OCO Orders No

Customer Service

Customer Support Languages English, Italian, Spanish, German, Russian, French, Portuguese, Greek, Arabic, Polish, Chinese, Japanese, Hungarian, Korean, Vietnamese
Customer Service Hours 24h
Place Trades Over the Phone?  Yes

FxPro - Review

Founded in 2006, FxPro is a leading online forex broker which was established by a group of veteran financial experts headed by Denis Sukhotin. The broker is regulated by the Cyprus Securities Exchange Commission (CYSEC) under license no: 078/07 and the Financial Conduct Authority (FCA) under the registration no. 509956. Established with the aim to offer retail traders a reliable and safe avenue to trade the financial markets, In addition to spot forex, FrxPro also offer their traders the opportunity to trade in CFDs, Commodities, Futures and indices.

fxpro

Trading Platforms


As for the trading platforms that are available at FxPro, this broker tries to ensure that all the necessary tools for the efficient execution of trades are available at the tip of their traders’ fingertips. For instance there are several different types of trading platforms to suit everyone’s’ trading needs regardless of whether they are expert traders or beginner traders. For the serious forex trader, the platforms that are available include:

  • FxPro MetaTrader 4

Industry Proven Platform which allows traders to trade with both fixed and floating spreads with immediate execution.

  • FxPro MetaTrader 5

Upgraded version of the popular MetaTrader with all the efficiency of its predecessor.

  • FxPro cTrader

Designed for trading CFDs, the FxPro cTrader with all traders to trade with full market depth and raw spreads.

  • FxPro SuperTrader

Fully automated platform with comprehensive risk protocols and credit line provided.

 

Algorithmic Trading

For traders who are into algorithmic trading, FxPro has also made the effort to provide them with all the necessary resources. These include giving traders access to:

 

  • cAlgo Algorithmic Trading
  • FxPro Library
  • FxPro Quant Strategy Builder
  • FxPro VPS
fxpro2

Account Types


To help their traders get the best value for their investment capital, FxPro offers the following for their clients to choose from:

 

  • FxPro MetaTrader 4 Account

Access to both floating and Fixed spreads

  • FxPro MetaTrader 5 Account          

Trade with floating spreads at Market execution

  • FxPro cTrader Account

Trade CFDs with floating spreads at Market Execution

  • SuperTrader Account

For traders wanting access to the forex market but without the hassle of having to trade manually.

  • PAMM Account

Designed for Professional Traders managing multiple accounts under a single master account.

 

Apart from the above accounts, FxPro also provide specialized services for VIP clients and institutional clients.

 

Commission & Spreads

Traders at FxPro get to enjoy some of the best trading conditions that are available in the industry. For the spot forex market, spreads for the majors starts from as low as 1 pip. CFD traders do not have to pay any spreads but a fixed commission fee of $45 per million traded. And for added peace of mind, negative balance protection is available for all platforms.

 

Customer Support

Support at FxPro is available 24/5. To ensure that their traders get the highest level of attention from the support team, multi-lingual support is available. To access the support services, traders can contact customer support through email, live chat or the telephone. A Call back service is also available in the event a trader feels that it is more convenient for him to have the support team call him back.

 

Reliability

In terms of reliability, FxPro has proven themselves many times over by having won numerous awards such as:

 

  • Best Forex Trading Platform 2013
  • Best FX Broker 2014
  • Best FX Service Provider 2014

 

These awards are handed by internationally recognized reviewers such as Investors Chronicle, Financial Times, Share Magazine and Goodacre UK consultancy.

 

Pros

  • Access to FxPro EA Library
  • Autotrading platform provided
  • Client Funds are Insured
  • Clients are kept in Segregated Accounts
  • Comprehensive range of FX Tools at the trader’s disposal
  • Dedicated 24/5 customer support
  • FCA & CYSEC Regulated
  • Multiple choices of trading platforms
  • Negative Balance Protection on all platforms

 

Cons

  • CFDs trading are not available to traders from the U.S and the Islamic Republic of Iran.

 

Conclusion

For the guys at FxPro, their work is never done. They admit that they are always seeking to incorporate new technologies into their services ensuing that their traders are given every competitive edge possible. The attention is not just focused on their trading platforms but also extended to their expert analysis, educational resources and trading tools.

 

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