FxPro Review

FxPro

6.5

Assets choice

8.0/10

Performance

6.0/10

Deposits & Withdrawals

7.8/10

Client support

7.5/10

Pricing

3.0/10

Pros

  • many assets from currencies to CFDs and futures
  • they claim to be a non-dealer
  • multi-currency accounts
  • all the strategies are allowed
  • webinars and tutorials for beginners

Cons

  • high spreads
  • people say about fake price movements
  • it appears that they are a market maker
  • slow execution
  • requotes

FxPro was founded in 2006. Now broker offers its services in more than 170 countries. FxPro provides an opportunity to trade in various financial markets. Contracts for Difference on 6 asset classes are available: currencies, spot indices, shares, futures, spot metals and energies.

Regulation. FxPro is regulated by the FCA and CySEC. Broker keeps all client funds on separate bank accounts in major European banks. FxPro is headquartered in the UK.

Trading accounts FxPro

The FxPro trading accounts are based on the trading platforms you choose.

FxPro MT4. As the name suggests, it works on the MT4 platform. You can trade on currency pairs, spot indices, spot energies, spot metals, futures and shares. Fixed and variable spreads are available. There are instant and market execution and dynamic leverage. A deposit of $500 is recommended. FxPro MT5. Account for traders who use MT5. You can trade on currency pairs, spot indices, spot energies, spot metals, futures. Spreads are available, order execution is market. There is dynamic leverage. A deposit of $500 is recommended.

FxPro cTrader. In the same way, as for FxPro MT4 and  FxPro MT5 accounts, a deposit of $500 is recommended and dynamic leverage. You get nearly all the same instruments, except futures and shares. Algorithmic trading is supported through cAlgo. Spreads are variable, order execution is market.

Also, the broker offers exclusive FxPro Premium accounts for clients with $50,000 (or currency equivalent) deposits. With such account, you will get special trade recommendations, no deposit fees, news reports and many others.

Deposit and withdrawal of funds

FxPro offers its clients all the popular deposit and withdrawal ways: credit/debit cards, bank wire transfers, payment systems (Skrill, Neteller).

Trading Platforms

There are several trading platforms: MetaTrader 4, MetaTrader 5, cTrader, FxPro Edge. They are available for desktop and mobile devices. MT4, MT5 and cTrader also have web-based versions.

Additional features

Client support works 24/5. You can contact via live chat, email or phone, as well as request a callback. FxPro offers various partnership schemes to suit individual preferences. There are video lessons, webinars, live sessions for beginners. There are additional analytical tools such as FxPro Tools providing online access to the market information on various instruments. Using this app trader can access the trader’s panel, the economic calendar, calculators, as well as monitor the markets.