FxPro Review and Information 2021

FxPro Information and Review FxPro
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Rating 89 % 11 %
Reviews Rating
Status
Regulation CySEC, FCA, FSCA, SCB
Trading software MetaTrader4, MetaTrader5, cTrader, FxPro Edge
Headquartered 13/14 Basinghall Street, City of London, EC2V 5BQ, United Kingdom

FxPro has been operating since 2006. For 15 active years, it confidently became one of the world's leading Forex and CFD broker. An impressive list of more than 80 international awards is constantly being updated, and the number of loyal customers is increasing on a daily basis.FxPro is regulated byCySEC, FCA, FSCA, SCB. The commany offers a range of assets includingCFDs and Spread Betting on FX, futures, spot indices, shares, spot metals, spot energies and cryptocurrencies.

According to an internal research, 70% of FxPro traders are ready to recommend the company to their colleagues and acquaintances. Such strong relationships are based on the absence of a conflict of interest.

FxPro is an NDD broker, which means that all orders are executed without dealing intervention and with ultra-low latency data centres in London and Amsterdam. Our trading servers are co-located and connected to Tier-1 banks that provide liquidity through our proprietary aggregator Quotix.

As a result, we are able to offer the best ‘bid and ask’ prices possible in conjunction with dynamic leverage and 24/5 support.

FxPro Awards

By 2020, FxPro has gained 80+ international awards. The most recent ones include "Best Forex Trading Platform, 2019", "Best FX Provider, 2020" and"Best in Class MetaTrader Broker, 2020".

Each prize is an appraisal of the hard work that’s been put in by developers and data analysts of the company. Their main task was to create flawless easy to use products that are in demand by traders around the world and they have exceeded all expectations.

Clients who have been trading with FxPro for years are very familiar with our reliability, that’s backed by our 4 licenses of the world's leading financial regulators and by our global presence in Cyprus, the Bahamas, Great Britainand Monaco. FxPro Group Limited is the holding company of:

FxPro UK Limited, authorised and regulated by the Financial Conduct Authority (registration no. 509956).
FxPro Financial Services Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07) and authorised by the Financial Sector Conduct Authority ('FSCA') (authorisation no. 45052).
FxPro Global Markets Ltd, authorised and regulated by the SCB (license no. SIA-F184).

Furthermore, traders from the UK and the EEA are protected under the Financial Services Compensation Scheme (FSCS) and Investors Compensation scheme respectively.

FxPro Trading Platforms

The company provides access to financial markets via 4 of the world's most popular trading platforms. Clients can register trading accounts as well as a Demo account in … currencies with a leverage of up to 1: 200 and spreads from … on the following platforms:

MetaTrader 4
MetaTrader 5
FxPro cTrader
FxPro Edge

MetaTrader 4 (MT4)

MT4 combines an intuitive user interface with a customisable feature-rich environment. It provides everything a trader needs from chart assets, place orders, to managing of positions and creating algorithmic or manual trading.

Assets: Forex, Metals, Shares, Indices, Energies and Futures
No partial fills
EA trading facilities
Micro-lots available

MetaTrader 5 (MT5)

MT5 supports additional technical indicators, has an extended line of 21 timeframes, allows for up to 100 charts to be open simultaneously, and is also available in several versions, including a web-based platform which allows to trade without any software installation.

FxPro was honoured as the “Best MT5 Broker” twice (in 2015 & 2016 by the UK Forex Awards), and rightfully so, due to these available features:

A minimum deposit of $100
Assets for trading: Forex, Futures, Energies, Metals, and Indices
Instant and Market Execution
EAs supported

FxPro cTrader

The cTrader platform is the choice of our professional clients. It allows to view in-depth market information, optimize your trading, the platform has no requotes, and uses modern algorithmic strategies. Being ultra-fast and ultra-convenient, it offers spreads from 0 pips – this is our most advanced platform to date.

Spreads from 0 pips
In-depth market information
No restrictions on stop/limit levels
Full Market Execution

FxPro Edge (Beta)

FxPro Edge is the latest addition to our platform offering. It provides investors with a new way to trade the markets in the form of Spread Betting. It is a highly customisable web-based platform, which enables traders to place their orders without the need to download and install any additional software.

Spread Betting is only available to clients of FxPro UK Limited that reside in the United Kingdom. FxPro Edge (Beta) is available for all demo users.

Forex, Shares, Spot Indices, Spot Metals and Spot Energies
Limited Risk Account at no additional cost
No commission
Tight spreads
Tax-free (tax laws are subject to change and depend on individual circumstances)

All platforms are also presented as applications for Android and iOS. As well as that, FxPro offers various mobile tools that streamline trading experiences. By reducing unnecessary features and focusing on the essentials, we have created tools that put the client in the centre of the action with only their mobile device. These mobile apps allow traders to top up their accounts or open new ones, stay up to date with economic news and place market positions. A laptop is no longer needed to trade, as FxPro made it all possible directly via a mobile device.

Mobile applications

It is not a secret that the aim of trading is making profit, and the broker’s job is to create an environment where clients will not be distracted and will be able to quickly focus on making decisions, building their strategies accurately. To that end there are certain objectives that need to be met:

Convenience of trading;
Clients shouldn’t be concerned with non-market risks;
They should have all the necessary analytical tools at their fingertips.

Taking main industry trends into account, our team determined which elements of trading technology were used most frequently by our clients and created “FxPro Tools” – a very useful browser extension for Chrome, Safari, Mozilla and Opera. FxPro Tools offers real-time quotes, economic calendar, daily insights and analysis as well as FxPro Calculators that allow users to work out the required margin, pip value and swaps along with performing live currency conversions.

The desktop version is available at fxpro.com and the mobile applications for iOs and Android are available for download on your mobile device.

Another high-end application is “FxPro Direct” – the trading account management app. At its core is the FxPro Wallet, which keeps the clients’ funds from participating in the trading process and safe from market risks. It can be topped up via a Bank Transfer, Neteller, Skrill, NganLuong or Bank Cards. All these payment methods have 0% commission.

Both mobile applications are connected by internal easy-to-use transition buttons.

FxPro Trading Conditions

Our clients can trade 270+ assets:

70 currency pairs – the most popular instruments involve major global currencies and experience the highest trading volumes as well as liquidity;
55 shares of the major American, British, French and German companies;
20 futures – instruments that allow speculations on a wide range of commodities, indices, and energies;
24 spot indices – each one is a combined value of global companies’ stocks;
7 spot metals, which offer new trading opportunities;
3 spot energies – Brent Crude Oil, WTI and Natural Gas.

All these assets are presented as CFDs (Contracts for difference) – a derivative instrument that allows traders to speculate on the changing values of the underlying assets without having to take ownership of them.

On all our platforms, we offer:

competitive floating spreads;
no commissions on MT4/MT5 accounts;
a variety of low rates;
special MT4 Fixed Spread account.

cTrader accounts have a commission of $45 for every $1’000’000 traded. Nevertheless, even with the commission charges, the spreads are extremely competitive:

As previously mentioned, FxPro Wallet is a top-notch money and risk management tool. One can transfer funds between FxPro Wallet and trading accounts anytime, keeping the remaining balance safe from unexpected market movements, but at the same time always available for trading.

Payment methods

Payment methods include Bank Transfer, Broker to Broker, Credit Cards – Visa, Maestro, MasterCard and American Express, PayPall, Skrill, Neteller, NganLuong Union Pay

FxPro Bonuses & Promotions

Note that FxPro does not charge for bank wire transactions. However, the banks may charge a commission in accordance with their fee structure. All clients’ funds are protected by 2 separate compensation schemes.

Due to current regulatory requirements, FxPro does not offer any kind of bonuses or promotional offers. We believe that confidence in a broker, certification of its legal activities and impeccable reputation is far more important than a potential virtual bonus that merely encourages gambling and impulsive behaviour, rather than rational and well-informed decisions.

Global collaborations

FxPro has invested approximately $121,000,000 in sports partnerships and various sporting events. Amongst others, we have sponsored three “Formula1” teams, four major league international football clubs, two rally championships and more than 22 other sporting events. We are incredibly proud to be involved in a wide range of collaborations with similar-minded people who share our ambition for development and growth. FxPro has been the official partner of the McLaren F1TM Team since 2018, official and main sponsor of Watford FC since 2017 and has been in partnership with Yacht Club de Monaco since 2016.

Pros

4 trading platforms
270+ trading instruments
4 international licenses
21 customer support languages
Spreads from 0 pips

Cons

No promotional bonuses

FxPro Trading Information 2021


WWW https://www.fxpro.com/
Address 13/14 Basinghall Street, City of London, EC2V 5BQ, United Kingdom
Headquarters London
Free phone +44 (0) 203 151 5550
24 hour support
Partnership programs
Expert advisors
Free education
Trading by phone
Mobile trading
Automated trading
Demo account
Swaps
24 hour trading
Scalping
Hedging
PAMM
Commissions
Digits after the dot in quotes 5
Minimum position size 0.1
Pip spread on majors 0.5-1.3
Spread Type Variable
Maximum Leverage 200
ECN, $ 100
STP, $
Standard account, $ 100
Mini account, $
Popular payment methods Credit Cards, Wire Transfer, PayPal, Neteller
Account currencies EUR, USD, GBP, CHF, JPY, PLN, AUD, ZAR
Available assets CFDs and Spread Betting on FX, futures, spot indices, shares, spot metals, spot energies, *cryptocurrencies available only for SCB clients
Languages Arabic, Chinese, Czech, English, French, German, Greek, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Thai, Vietnamese, Hindi, Urdu, Indonesian, Malay, Swiss, Australian, Argentinean
Platforms MetaTrader4, MetaTrader5, cTrader, FxPro Edge
Broker type Broker, NDD
Regulation CySEC, FCA, FSCA, SCB
Foundation 2006
Bitcoin Forex Brokers

FxPro Reviews and Comments

Can I transfer funds from one to another account using FxPro Direct?
Radim Odehnal 6 May 2021 Reply

That’s so good that I stuck with precisely this broker, and I know exactly why this happened.. First of all this is probably one of the best known and mostly used forex brokers in the whole world. The reliability is out of question. The trading conditions are also nice. What I liked most are the executions. I was afraid the backtest results of the strategy will differ a lot from real life resutls, but thanks to the excellent executions (minimal latency) the strategy turned out to be as profitable as expected.
Gilles Lebon 5 May 2021 Reply

I’m new to forex and spent a lot of time finding a good broker. I have chosen fxpro and didn’t regret this. It is very convenient for me because they provide a lot of studying materials about how to trade, and their demo account is intuitive and simple for the novice (I tested mt4 and ctrader). Their website is also very informative. The only thing that upsets me is 100$ deposit, which is not small for a beginner. But they offer the negative balance protection that can help a rookie.
Ziz 1 May 2021 Reply

Cooperation with a Forex broker should only evoke positive emotions. Unfortunately, this was not always the case for me. My previous broker took a long time to withdraw money and had serious slippage. Then I decided to trade stocks on MT5, but he did not have this trading platform. When I started looking, I immediately saw an ad for FxPro. And I immediately realized that this was what I needed. Large selection of trading instruments and trading platforms. Very good statistics on requotes and slippages, this was also a good signal for me to make a deposit. Here the minimum deposit is only $ 100. I entered the minimum to check the trading conditions and withdrawal of money. So, the withdrawal of money here is quick and in many popular ways. one more thing I wanted to say – there are accounts with both fixed and floating spreads. NDD executions, ultra-fast order execution. As I said, slippage is not high here. At the end of my review, I want to say that I am staying to trade with FxPro!
Jaime Delao 30 Apr 2021 Reply

I started working with FxPro recently, maybe half a year ago. I am not completely used to a brokerage, because I don’t have much experience in trading. In general, I have a relatively positive opinion about a broker. It is nice to work with it. Most of all, I certainly liked the fact that in trading, I have almost no slippages. I don’t know how a broker managed to achieve such a result on slippages, but it is very cool. It’s not that slippages somehow have a big impact on my trading, but it’s much nicer to get the initially specified price when you open a deal. By the way, I’ve only recently realized that I hadn’t opened analytics through FxPro yet (I’ve always seen all the summaries and data on third-party resources). Does the broker offer its clients any analytics at all?
Wieland Scharf 27 Apr 2021 Reply

Please tell me how I can trade on FxPro if I like stocks?
Konrad Schmitt 24 Apr 2021 Reply
Ahah, so this is great. Stocks are excellent, especially if you trade them. FxPro is ideal for stock trading. You can trade CFDs on stocks of over 150 global companies and benefit from fast order execution and dividend payments on long positions. FxPro provides an opportunity for every client to invest in the shares of some of the largest companies (the US, UK, France, and Germany). In addition, for more profitable trades, you can apply dynamic leverage (available in MT4, MT5, and cTrader). I advise you to visit the official FxPro website for more information and start trading. Good luck!
Pietro Sartori 5 May 2021

FxPro is not my first brokerage firm but at least I’ll stay with them for a long time. I can recommend their cTrader platform. Very modern and convenient. Also, they provide great conditions and allow algorithmic trading.
Ziggy 21 Apr 2021 Reply

I decided to leave a small FxPro review. So, I liked the company for its thorough approach to business. There are many useful tools and solutions for traders here. For example, it is a mobile app for easy account management. After all, in FxPro, you can create many accounts on different trading platforms. This is convenient because, for example, there are no futures in cTrader, and for some traders, these are essential assets. That said, everything else is more convenient to trade in cTrader. That is why I like that FxPro does not require compromises. Do you want to trade different assets? Trade on different platforms at the same time. And you can easily manage your accounts at the touch of a finger. That’s what I call first-class service. The second thing I want to mention in my review is the availability of the FxPro Wallet. It’s a handy wallet that allows you to keep your money in a separate account. This is an account where you are not afraid of losing trades. And the deposit is safe. Such services are precious. I want to thank the broker in my FxPro review for such possibilities.
Klods Budreiko 21 Apr 2021 Reply

I’m currently satisfied with this broker. Fxpro never failed me. I know that they reliable and in any case, everything will be fine with my deposit because they ensure their client’s funds. They provide very good conditions for profitable trading. I can confidently recommend this broker.
Hasan 19 Apr 2021 Reply

I had several brokers. Traded on different accounts with different brokers. I have been trading for a long time and I thought it was hard to surprise me. But then I saw FxPro. I was impressed. here one broker had everything I needed. All trading platforms in one place. I started working only with FxPro, it is very convenient. You see, I have different trading styles: I trade both MT4 and MT5. As you can imagine, I use MT5 for stocks. Now there are interesting movements on the market and you can make good money, and this broker provides the latest news and good analytics.
Miruna Ion 19 Apr 2021 Reply
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