FXPro Review 2023

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FXPro is #18 in our rankings of CFD brokers.

FXPro Facts & Figures

FxPro is an award-winning forex, CFD and spread betting broker with over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers 24/5 customer support, earning it a high trust and safety score. FxPro has also picked up more than 100 industry accolades for its competitive trading conditions, including fast execution and deep liquidity.

  • No dealing desk (NDD) intervention with fast execution speeds under 13ms
  • Thousands of CFDs across 6 asset classes with a particularly impressive range of indices and precious metals
  • 4 superior trading platforms including MT4, MT5, cTrader and the broker's powerful proprietary solution
  • Comprehensive analysis and trading tools including signals powered by Trading Central and VPS hosting
  • Interactive learning center for beginners with tests, courses, video tutorials and webinars
  • Limited payment methods
  • Relatively high fees on some assets
  • Inactivity fee applied to dormant accounts
  • BEST BROKER 2021 (UK), Ultimate Fintech Awards
  • BEST FX PROVIDER 2021, Online Personal Wealth Awards
  • BEST TRADING PLATFORM 2020, Investors Chronicle & Financial Times
Instruments CFDs, Forex, Stocks, Indices, Commodities, Futures
Demo Account Yes
Min. Deposit $100
Min. Trade 0.01 Lots
Regulated By FCA, CySEC, FSCA, SCB, FSC
MetaTrader 4 Yes
MetaTrader 5 Yes
cTrader Yes
DMA Account No
ECN Account No
Social Trading No
Copy Trading No
Auto Trading Expert Advisors (EAs) on MetaTrader
Mobile Apps iOS, Android and Windows
Islamic Account Yes
  • Platinum
  • Gold
  • Silver
  • Palladium
  • Oil
  • Gasoline
  • Soybeans
CFDs FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures with 24/5 multilingual support. Traders also benefit from low latency datacentre co-location.
Leverage 1:30 (Retail), 1:500 (Pro)
FTSE Spread 1.58 Pts (Ave)
GBPUSD Spread 2.39 Pips (Ave)
Oil Spread 0.07 (WTI Ave)
Stocks Spread Variable
Forex Trade 70+ currency pairs with ultra-fast execution speeds and tight spreads from 0.46 pips on EUR/USD. The range of forex assets outranks many rivals.
Forex App

FxPro offers forex trading on 70+ pairs via its mobile app. A range of technical indicators and order types are available and hedging is supported. Download the app for free from the iOS and Android app stores.

GBPUSD Spread 2.39 pips (Ave)
EURUSD Spread 1.58 pips (Ave)
GBPEUR Spread 1.74 pips (Ave)
Assets 70+
Currency Indices
  • USD
Stocks FxPro offer hundreds of assets in their shares portfolio. Stocks from major economies including the US, UK, France and Germany can all be traded on leading platforms with no hidden fees.
Cryptocurrency Non-UK FxPro traders can access CFDs on 28 popular cryptocurrencies, including Bitcoin and Ethereum as well as smaller tokens like Tron. Crypto assets are all traded in pairs with USD and, as derivative products, are not directly traded or owned.
  • BAT
  • BCH
  • BTC
  • DOG
  • DOT
  • DSH
  • EOS
  • ETC
  • ETH
  • IOT
  • LNK
  • LTC
  • NEO
  • XLM
  • XMR
  • XRP
  • ZEC
Spreads Variable
Crypto Lending No
Crypto Mining No
Crypto Staking No
Auto Market Maker No
Spreadbetting UK FxPro traders can access tax-free trading opportunities on six asset classes through the broker's EDGE spread betting platform. Leverage up to 1:30 is available. Pay no stamp duty or capital gains tax on financial spread betting in the UK.
Risk Warning – Your Capital is at risk

Founded in 2006, FxPro is an online forex broker brand offering a free demo account and integration with several popular trading platforms like MT4 and MT5. FxPro are regulated both in the UK, by the FCA, and in Cyprus, by CySec, which means great protection for traders.

Trading Platforms

One of the key attractions that FxPro is well known for, is the wide selection of trading platform which they have provided their traders with. There are a range of trading platforms to choose from, including the MetaTrader 4, the MetaTrader 5, FXPro Edge the cTrader and mobile apps.

MetaTrader 4 Platform

Often referred to as the MT4 platform, the MetaTrader platform is the most widely adopted trading platform by traders from all over the world.

The MT4 trading platform comes with a comprehensive set of trading tools that a trader can use to gather all the required information for making his trading decisions. Its advantages include the following:

  • Ability to access a wide variety of markets such spot forex, spot metals and futures
  • Ability to accommodate both floating and fixed spreads
  • Instant Market Execution
  • Support for automated trading

MetaTrader 5 Platform

The MetaTrader 5 or MT5 platform is an updated version of the popular MT4 platform. It also comes with the same powerful features as its predecessor, but with upgraded features as well. Its main advantages include:

  • Additional chart time frames
  • Provide users with market depth information
  • Support multiple type market orders
  • Tick Chart trading

FxPro cTrader

An innovative platform designed specifically for Electronic Communication Network (ECN) trading, the cTrader platform enables FxPro to trade spot forex and spot metals with interbank rates. Essentially user friendly, its main features include:

  • cAlgo Algorithmic trading
  • Full market depth
  • No Requotes
  • Ultra tight spreads

FXPro login homepage

Regulated in UK and Cyprus

In terms of regulatory oversight, FXPro’s operations come under the purview of 2 separate regulatory bodies, the FCA and CySEC.

Operations in the UK are managed by FxPro UK Ltd which is regulated by the FCA under registration no. 509956.

For operations in Europe, managed under FxPro Financial Services Ltd, the broker is authorized under the CIF license #078/07.

In addition, FxPro is also regulated by the Financial Services Board (FSCA) under the authorization no. 45052 for its operations in South Africa.

There is also a group regulated in the Bahamas, where FXPro also have offices.

The benefits of being regulated by the FCA and CySEC are twofold. First of all, traders can be assured that FxPro operates with transparency and within the regulatory requirements imposed by the FCA, CySEC and FSB.

Secondly, for clients in UK and Europe, their trading funds are further protected under the Investors Compensation Scheme (CySEC) and Financial Services Compensation Scheme.

The maximum amounts which FxPro’s traders can claim under the above mentioned schemes are €20,000 and £50,000 respectively.

It also means some trader protection measures are guaranteed – these include negative balance protection for example.

Mobile Trading

With mobile devices getting more popular nowadays, FxPro has also made it a point to cater for traders who wish to trade from their mobile devices.

Apart from the mobile trading apps for the MT4 platform and cTrader, FxPro has also offered additional tools which mobile traders can download and install onto their smartphones or tablets.

One of these extra tools is an economic calendar that will provide mobile traders with information about the soon to be released economic data that will impact the markets.

In addition, with the mobile trading apps, mobile traders are also able to view real time price quotes from the various markets such as forex, commodities and futures.

In short, FxPro has managed to bring financial trading right to the palm of the trader.

FXPro mobile app

Trading Instruments & Spreads

The range of markets covered by FxPro include asset classes such as CFDs on forex, equities, energies, futures, market indices and spot metals. Spreads are competitive and can be either fixed or floating.

The minimum spreads on some of these assets also depend on the type of trading platform used.

For example for the benchmark EUR/USD currency pair, the minimum spread enjoyed by users of the MT4 and MT5 instant platform, is 0.6 pips as opposed to 1.2 pip for those traders using the FxPro Markets platform.

For traders trading with fixed spreads, the spread for the EUR/USD can range from 1.6 pips to 2.5 pips depending on the trading time.


Trading accounts at FxPro are categorized into 3 main categories, Standard trading accounts, Premium accounts and Demo account.

Standard Accounts

Standard accounts are available in the following types:

FxPro MT4

1:500 Leverage (For professional clients only, retail clients in the Uk and EU are capped at 1:30)
CFDs on Forex, Energies, Futures, Indices, Metals,
Dynamic Leverage
Floating Spreads
Market execution

FxPro MT5

1:500 Leverage (For professional clients only, retail clients in the Uk and EU are capped at 1:30)
CFDs on Forex, Energies, Futures, Indices, Metals,
Dynamic Leverage
Floating Spreads
Market and Instant execution

FxPro cTrader

1:500 Leverage (For professional clients only, retail clients in the Uk and EU are capped at 1:30)
CFDs on Forex, Energies, Futures, Indices, Metals,
Dynamic Leverage (Spot Indices excluded)
Floating Spreads
Market and Instant execution
cTrader Robots supported

The minimum recommended initial deposit for MT4 and MT5 traders is $1000. Nevertheless, traders are permitted to deposit as little as $100 at a time.

FxPro Premium Accounts

Premium accounts are provided to cater for high net worth individuals.

In order to qualify for a Premium account status, a trader must deposit a minimum $50,000 into his trading account.

The key advantage of premium accounts is the fact that the accounts are designed for large volume trading, at a more competitive rate.

In addition, premium account holders also get to enjoy a wide range of exclusive perks that will supplement their trading skills.

FxPro Demo Account

For potential traders who wish to try out what FxPro has to offer, the broker has also made available demo account that come with a maximum practice balance of $500,000 in virtual cash. The demo account are free of charge and are available for the MT4, MT5 and cTrader platforms.

Deposit & Withdrawal

For deposit payment methods options, FxPro supports the following methods of fund transfer: wire transfer, credit / debit card (Visa, Mastercard etc), a range of ewallets (Skrill, Neteller and Paypal) and some region specific options such as Union pay, eprotections and WebMoney.

Withdrawal requests are typically processed within one business day. However the actual fund transfer may take as low as 3 to 5 days.

Extra Features

In terms of extra features, FxPro has a range of trading tools to help make their traders’ life easier. These extra tools consist of the following:

  • Earnings Calendar
  • Economic Calendar
  • FxPro Calculators
  • FxPro Dashboard
  • FxPro Tools for Mobile
  • FxPro VPS
  • FxPro Webinars & Events
  • Live Spreads Comparison
  • Market Holidays
  • Trading central

Trading tools such as the earnings and economic calendars helps traders to keep track of upcoming events that will have a bearing on prices in the markets.

With providing calculators, traders can easily compute their profitability and trading costs. For 24/7 trading ability, traders at FxPro can make use of the VPS to upload their expert advisors hence enabling them to trade around the clock without any interruption.

To date, the range of tools provided by FxPro is the most comprehensive that we have seen any broker provided to their clients on a free of charge basis.

Customer Support

The customer support service at FxPro is comprehensive and professional. Traders can get in touch with the support team through a variety of methods such as email, live chat or telephone.

For telephone support, traders also have the added benefit of localized and multi-lingual support for over 25 countries, including:

Arab Emirates, Argentina, Australia
Brazil, China, Colombia, Cyprus, Czechoslovakia
Germany, Hungary, India, Indonesia, Italy
Japan, Malaysia, Portugal, Russia
South Africa, Spain, Switzerland, Thailand, UK.

Company Facts

The brand FxPro is  managed by two different subsidiaries under the names FxPro UK Ltd and FxPro Financial Services Ltd, with the former under the jurisdiction of the UK’s Financial Conduct Authority (FCA) and the latter under the oversight of the Cyprus Securities Exchange Commission (CySEC).

The broker’s head office is located at 13/14 Basinghall Street, City of London, while the administrative office is located at #26, Boulevard Des Moulines, Monaco. FxPro also maintain an operational head office at Kryatidon 1, Ypsonas 4180, Cyprus.


On the whole, FxPro has managed to cater to all categories of traders. Regardless of whether you are a beginner or an experienced trader or even a high net worth individual, FxPro will be able to meet your specific trading needs.

In addition, with FxPro being a regulated in 3 different jurisdictions, you can be assured that your deposited funds will be handled in a professional and ethical manner.

Compare FXPro with Other Brokers

These brokers are the most similar to FXPro:

  1. Pepperstone - Pepperstone is a leading online broker with over 400,000 clients in more than 175 countries. The top-rated brokerage offers excellent market access, industry-leading platforms in MT4, MT5, TradingView and cTrader, plus low fees with no hidden charges. Pepperstone is also heavily regulated with a high trust score, holding licenses with reputable bodies, including the FCA, ASIC, DFSA, and CySEC.
  2. Avatrade - AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for trading, alongside a comprehensive education center and multilingual customer support.
  3. IG Index - IG is an award-winning broker that has an excellent reputation globally. The brand offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.

FXPro Feature Comparison

FXPro Compared With Similar Brokers
FXPro Pepperstone Avatrade IG Index
Rating 4.4 4.8 4.9 4.4
Markets Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities Forex, Stocks, Commodities
Minimum Deposit $100 $0 $100 $0
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Demo Account Yes Yes Yes Yes
Bonus - - - -
Education Yes Yes Yes Yes
Platforms MT4, MT5, cTrader MT4, MT5, cTrader MT4, MT5 MT4
Leverage 1:30 (Retail), 1:500 (Pro) 1:30 (Retail), 1:500 (Pro) 1:30 (Retail) 1:400 (Pro) 1:30 (Retail), 1:222 (Pro)
Review FXPro
IG Index

Trading Instruments Comparison

Comparison of FXPro Trading Instruments
FXPro Pepperstone Avatrade IG Index
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Crypto Yes Yes No No
Commodities Yes Yes Yes Yes
Oil Yes Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes Yes Yes
Silver Yes Yes Yes Yes
Corn No Yes Yes No
Futures Yes No No Yes
Options No No Yes Yes
ETFs No Yes Yes Yes
Bonds No No Yes Yes
Warrants No No No Yes
Spreadbetting Yes Yes Yes Yes
Volatility Index No Yes Yes Yes

FXPro vs Other Brokers

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FxPro is an award-winning forex, CFD and spread betting broker with over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers 24/5 customer support, earning it a high trust and safety score. FxPro has also picked up more than 100 industry accolades for its competitive trading conditions, including fast execution and deep liquidity.