FinPros is an offshore brokerage offering CFD trading on over 400 instruments with leverage as high as 1:500. It is a dependable choice for traders interested in offshore opportunities, thanks to its robust security, negative balance protection, and client fund segregation. With additional features like trading tools and commission-free stocks, it caters well to beginners. Experienced traders will also value the competitive spreads.
Founded in 2006, FxPro has built a reputation as a reliable non-dealing desk (NDD) broker, providing trading access across more than 2,100 markets to over 2 million clients globally. It has received over 100 industry awards, reflecting its favourable conditions for active traders.
Pros
Ultra-low latency trading attracts traders aiming to capitalise on rapid market shifts. This trading strategy prioritises swift execution over long-term investment. Traders focus on minimal delays to gain competitive advantages. Utilising advanced technology, they strive for speed in transactions, seeking profits from immediate market changes.
Free practice account
MetaTrader 5 is an advanced trading platform offering comprehensive tools for traders. It provides a wide array of features, including chart analysis, automated trading, and real-time market data. This platform supports multiple asset classes, making it versatile for various trading strategies. With MetaTrader 5, traders benefit from enhanced performance, sophisticated analytics, and the ability to execute trades efficiently.
Trading Instruments by TradingCentral
TradingCentral offers advanced tools for traders, enhancing their trading strategies. These instruments provide comprehensive market analysis and insights. With real-time data and technical analysis, traders can make informed decisions and optimise their investments. The platform supports efficient trading through user-friendly interfaces, assisting both novice and experienced traders in navigating the financial markets with confidence.
No fees for deposits or withdrawals
Commission-free stock trading allows investors to buy and sell shares without incurring extra fees. Traders can execute transactions without worrying about additional costs. This type of trading offers a cost-effective way to engage in the market. Professional traders may find this beneficial for improving profit margins. The absence of commissions can make frequent trading more accessible and potentially more profitable. Overall, commission-free trading simplifies the process while enhancing financial efficiency.
Using professional finance terms and British English, here's a simplified version:
With an average response time of 21 seconds, traders react swiftly to market changes. The process, known as trading, involves executing buy and sell orders rapidly throughout the day. Traders navigate volatile markets, leveraging short-term strategies to capitalise on fluctuations. The emphasis remains on quick decision-making and timely responses to achieve optimal results.
Streamlined account setup procedure with full automation.
Selection of active accounts and pricing structures available for traders.
FxPro uses a 'No Dealing Desk' (NDD) model for swift and transparent order execution, usually within 12 milliseconds, making it well-suited for short-term trading strategies.
FxPro's Wallet is a notable feature enabling traders to securely manage their funds. It ensures additional protection and ease by separating unused funds from active trading accounts.
FxPro provides four dependable charting platforms, including the user-friendly FxPro Edge. It features more than 50 indicators, 7 types of charts, and 15 different timeframes.
Cons
Offshore regulation
Use just one trading platform. Swap 'day trading' with 'trading' and 'day trader' with 'trader'. Adopt a professional finance tone, employ varied sentence forms, and prioritise clarity and brevity.
Traders from the USA are not eligible.
Most accounts require a minimum deposit of $800.
There are no passive investment options such as copy trading or interest on cash. While traders might not find these essential, competitors like eToro, which accommodate both active and passive investors, offer more extensive services.
FxPro offers customer support five days a week around the clock, accessible via various platforms, and the service quality is reliable based on tests. However, the absence of weekend support can be a drawback for traders requiring help beyond standard market times.
FxPro, with its $10M funded demo account and expanding Knowledge Hub, mainly caters to experienced traders. Beginners might find its account and fee structure challenging to understand.
Awards
Best Online Broker (MENA) 2024 - Forex Awards
Best Trading Conditions APAC 2023 - Forex Awards
Best Trading Platform 2023 - Investors Chronicle & Financial Times
Best FX Service Provider 2023 - City of London Wealth Management Awards
Most Trusted Broker (Global) 2021 - Ultimate Fintech Awards
Best Broker 2021 (UK) - Ultimate Fintech Awards
Best Mobile Trading App 2021 - Ultimate Fintech Awards
The FxPro app for iOS and Android, which benefited from design improvements in 2024, demonstrates how mobile trading should be done with its sleek, user-friendly interface and powerful features. From trading CFDs and managing accounts to seamless in-app deposits, withdrawals, an integrated economic calendar, and push notifications, the app ensures you have the trading tools you need right from your palm.
iOS App Rating
4.8
4.7
Android App Rating
4.8
4.3
Margin Trading
Yes
Yes
Margin Rate
0.5%
MetaTrader 4
No
Yes
MetaTrader 5
Yes
Yes
cTrader
No
Yes
AlgoTrader
No
No
OmniTrader
No
No
TradingView
No
No
Autochartist
No
Yes
eSignal
No
No
Trading Central
No
Yes
STP Account
Yes
Yes
ECN Account
No
No
DMA Account
No
Yes
MAM Account
No
Yes
PAMM Account
No
No
LAMM Account
No
No
Demat Account
No
No
AI / Machine Learning
No
No
Robo Advisor
No
No
Negative Balance Protection
Yes
Yes
Market Maker
No
No
P2P Trading
No
No
Spot Trading
No
Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Expert Advisors (EAs) on MetaTrader, cBots on cTrader
Copy Trading
No
No
Social Trading
No
No
VPS Hosting
Yes
Yes
Tournaments
No
No
Demo Competitions
No
Yes
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
$20
$15
Islamic Account
Yes
Yes
Account Currencies
USD
EUR
GBP
CAD
USD
EUR
GBP
AUD
JPY
ZAR
CHF
PLN
Commodities
Gold
Silver
Platinum
Palladium
Oil
Natural Gas
Platinum
Gold
Silver
Palladium
Oil
Gasoline
Soybeans
Natural Gas
Aluminium
Copper
Lead
Zinc
Cocoa
Coffee
Corn
Cotton
CFD
Execute trades on foreign exchange, equities, indices, commodities, and cryptocurrencies using CFDs with leverage up to 1:500 on the commission-free ClassiQ account. Alternatively, opt for the raw spread account, which features minimal commissions starting at $4 per round-turn, offering leverage options of up to 1:200 or 1:400. These leverage levels remain competitive in the market.
FxPro provides a vast range of CFDs, including forex, commodities, indices, shares, and futures, which have expanded over time. The broker excels in analysis and charting, thanks to Trading Central integration, advanced order types, and custom indicators.
Leverage
1:500
1:30 (Retail), 1:500 (Pro)
FTSE Spread
From 0.0
171.63
GBPUSD Spread<
From 0.0
0.6
Oil Spread
From 0.0
39
Stocks Spread
From 0.0
Variable
Forex
FinPros provides over 80 forex pairs, making it one of the most varied selections in the market. Traders enjoy minimal latency, MT5 compatibility, and exceptionally tight spreads with low commissions when using the RAW+ account.
FxPro provides over 70 currency pairs, though minors are excluded, and is renowned for its rapid execution and tight spreads, averaging 0.45 pips on EUR/USD. Traders can design, evaluate, and implement short-term strategies using the top-tier MT4 platform with expert advisors for algorithmic trading.
Assets
80+
70+
GBPUSD Spread
From 0.0
0.6
EURUSD Spread
From 0.0
0.45
EURGBP Spread
From 0.0
0.73
Currency Indices
USD
Cryptocurrency
Engage in leveraged CFD trading on the top eight cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and Ripple, paired with USD, EUR, and JPY. The extensive range of fiat currency pairs enhances this offering's appeal, despite the limited options for crypto tokens.
FxPro enables traders outside the UK to engage in CFD trading on over 25 popular cryptocurrencies, such as Bitcoin, Ethereum, and smaller tokens like Tron. Since 2021, it has offered 24/7 crypto trading. Notably, its rapid execution is particularly advantageous for active traders.
