FxPro Review

FxPro Review

FxPro is a highly-regarded Forex and CFD broker with over 15 years of experience in the industry. Here are some key points to know about FxPro: 

FxPro: Upgrade your Trading with the world's best broker.

FxPro also offers a mobile app, the FxPro app, which allows traders to manage their accounts, funds, and trades all in one place. For desktop trading, FxPro EDGE provides a customizable interface and advanced trading widgets, over 50 technical indicators and charting tools, detachable chart windows, and six chart types with various time frames. 

FxPro Trading Platforms

At FxPro, traders are offered a diverse range of trading platforms to choose from, totaling to four platforms.

FxPro Review

FxPro Alternative (Vantage Markets)

If you’re searching for an FxPro Alternative, Vantage Markets presents a compelling option. With over 13 years of experience, Vantage Markets is an award-winning, multi-asset broker headquartered in Sydney, serving clients in 172 countries. 

Their platform is designed for seamless trading, offering over 1,000 instruments including forex, commodities, indices, and share CFDs. Vantage Markets is committed to high regulatory standards, ensuring your investments are secure. Their user-friendly trading tools, ultra-fast execution, and 24/7 customer support empower you to capitalize on market opportunities efficiently. 

FxPro Alternative Rating
FxPro Alternative Fees

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FxPros Trading Fees

FXpro has low trading fees in general, and their fees have been ranked as low.

Their forex fees are average, and commissions and spreads for individual currency pairs are charged as per the table below:

FXpro's CFD fees are low, and commissions and spreads for different assets are charged as per below:

FXpro's financing rates are low, and they make up a significant part of your trading costs if you hold your position for a long time.

Overall, FXpro's fees are generally low or average compared to other brokers, making them a competitive choice for traders.

FxPro FAQs

Is FxPro a reliable broker?

FxPro is a trustworthy broker, with a counterparty credit rating of 96 out of 100, indicating a low risk of default or bankruptcy. Additionally, the broker participates in the Financial Services Compensation Scheme (FSCS), allowing clients to claim compensation in case of insolvency.

Can FxPro be used in the United States?

No, FxPro is not currently available in the United States.

Is FxPro suitable for beginners?

FxPro may not be the best choice for beginners, as it is better suited for those who are more advanced and experienced in trading.

What is the minimum deposit required for FxPro?

You can make deposits as low as $100.

How does FxPro's minimum deposit compare to other brokers in the industry?

FxPro's minimum deposit is competitive compared to other brokers in the industry. The minimum deposit varies depending on the account type, with the lowest minimum deposit being $100 for the FxPro Edge account.

What is the maximum leverage offered by FxPro?

FxPro offers maximum leverage of up to 1:500 on certain account types, which is higher than many other brokers in the industry. However, it's important to note that higher leverage also comes with higher risk.

What trading platforms does FxPro offer?

FxPro offers a variety of trading platforms, including MetaTrader 4 and 5, cTrader, and FxPro Edge. Each platform offers unique features and capabilities to cater to different trading styles and preferences.

Does FxPro offer negative balance protection?

Yes, FxPro offers negative balance protection to its clients. This means that clients' account balances cannot go below zero, even in the event of significant market volatility or unexpected market movements.

What is FxPro's policy on slippage?

FxPro has a no-slippage policy for market and instant execution orders. This means that the price at which the trade is executed will be the same as the price displayed at the time the order was placed, even if there are sudden market movements. However, slippage may still occur in certain market conditions or during periods of high volatility.

FxPro Reviews from Trustpilot.com

Trade responsibly. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 
The services advertised are intended for eligible recipients only. Trading CFDs may be subject to local regulations in your jurisdiction. FxPro Group Limited is the holding company of FxPro Financial Services Ltd, FxPro UK Limited and FxPro Global Markets Ltd. FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration no. 509956). FxPro Financial Services Ltd is 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 is authorised and regulated by the SCB (license no. SIA-F184).