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broker popularity top broker high popularity best reviews benchmark
LeverageMaximum leverage for retail clients is typically up to 1:30, while professional clients may access higher leverage, such as 1:500.
Minimum Deposit$100
Year Established 2006
RegulationFCA (Financial Conduct Authority) in the UK, CySEC (Cyprus Securities and Exchange Commission) in Cyprus,
Payment methodsMultiple options including bank transfer, credit/debit cards, digital wallets (e.g., PayPal, Skrill, Neteller), and FxPro Wallet.
Publicly Traded
Type of BrokerFxPro is an online forex and CFD broker, offering access to various financial markets.
Trading AssetsForex, Indices, Commodities, Stocks, and Cryptocurrencies.
Demo Account
Islamic Account
Deposit Fee
Withdrawal Fee
Offers Official Website

Alternative Brokers

Pros and Cons

  • Multiple trading platforms, including MT4, MT5, cTrader, and FxPro Edge.
  • A vast selection of tradable assets, including forex, indices, commodities, stocks, and cryptocurrencies.
  • Competitive spreads and a choice between fixed and variable spreads.
  • Access to copy trading services for those interested in social trading.
  • A strong regulatory framework, with oversight from reputable authorities.
  • Extensive research materials, including market analysis and educational resources.
  • Availability of Islamic (swap-free) accounts for traders adhering to Sharia law.
  • Excellent customer support with responsive live chat and email assistance.
  • A user-friendly FxPro Wallet for quick fund transfers between accounts.
  • Limited bonuses or promotional offers compared to some other brokers.
  • Inactivity fees for accounts that remain dormant for an extended period.
  • Limited availability of cryptocurrencies for retail clients in the UK.


FxPro, founded in 2006, has emerged as a prominent player in the online trading industry.

With its headquarters in London, United Kingdom, the company has established itself as a reputable broker, catering to traders worldwide.

FxPro’s mission is clear: to provide traders with seamless access to the vast and dynamic world of financial markets.

The broker’s reach extends across more than 170 countries, making it a truly global platform for traders of all levels.

The broker is renowned for its commitment to delivering a wide array of trading instruments, user-friendly platforms, and a strong emphasis on regulatory compliance.

This comprehensive review offers an in-depth exploration of its offerings, performance, and suitability for traders seeking a trusted partner to navigate the complexities of the financial markets.

Editor’s Verdict

This broker stands out as a versatile and reputable broker that caters to traders of various backgrounds and preferences.

With a wide array of trading platforms, a diverse range of assets, and strong regulatory oversight, it provides a solid foundation for traders seeking a reliable brokerage.

FxPro’s commitment to education and research further enhances its appeal. However, traders interested in substantial bonuses or promotions may need to explore other options.


This broker offers competitive fee structures, with spreads varying based on the chosen account type and platform.

While deposit and withdrawal fees are non-existent, traders should be aware of potential inactivity fees for accounts that remain inactive for extended periods.

The broker’s transparent fee schedule aligns with industry standards and enhances its overall value proposition.

Range of Assets

The broker is a brokerage that prides itself on offering a comprehensive range of assets, allowing traders to diversify their portfolios and explore various financial markets.

Here’s a closer look at the assets you can trade:

  1. Forex Pairs: The company provides access to a wide array of major, minor, and exotic currency pairs. Whether you’re interested in trading EUR/USD, GBP/JPY, or more exotic options like USD/TRY, you’ll find ample opportunities in the forex market.
  2. Stocks: This broker offers a substantial selection of stock CFDs (Contracts for Difference), allowing you to speculate on the price movements of popular companies from around the world. Trade CFDs on tech giants like Apple, Google, or Amazon, as well as companies from various industries.
  3. Indices: Traders looking to participate in broader market movements can explore a diverse range of indices CFDs. The broker provides access to major indices such as the S&P 500, FTSE 100, and DAX 30, allowing you to trade on the performance of entire markets.
  4. Commodities: The broker lets you trade CFDs on commodities like gold, silver, crude oil, and more. These assets are popular among traders seeking exposure to the commodities market without the need to physically own the goods.
  5. Cryptocurrencies: If you’re interested in the burgeoning cryptocurrency market, It offers CFDs on digital currencies like Bitcoin, Ethereum, Ripple, and Litecoin. You can speculate on crypto price movements without the complexities of owning and storing cryptocurrencies.
  6. Futures: The broker extends its offering to include futures CFDs on commodities and indices. Futures contracts allow traders to speculate on the future price of these assets, providing additional trading opportunities.
  7. Shares: With over 2,000 stock CFDs available, It covers a wide range of global companies. Whether you want to trade shares of international corporations or focus on specific sectors, you’ll find ample choices.
  8. ETFs (Exchange-Traded Funds): This broker includes ETF CFDs in its lineup, enabling traders to invest in diversified portfolios of assets, including stocks, bonds, or commodities.

This extensive range of assets positions FxPro as a versatile broker suitable for traders with varying interests and strategies.

Whether you’re a day trader, swing trader, or long-term investor, the diversity of assets allows you to tailor your trading approach to your preferences and market conditions.

Leverage and Trading Hours

The broker offers flexible leverage options, with maximum leverage of up to 1:30 for retail clients.

Professional clients may access higher leverage, such as 1:500, depending on their eligibility.

Trading hours vary based on the asset class and market, allowing traders to engage in global markets during their preferred timeframes.

Account Types Offered

This broker offers a range of account types to cater to the diverse needs and preferences of traders.

Each account type is designed to provide specific features and trading conditions.

Here’s an overview of the account types offered:

  1. FxPro Edge Account:
    • Platform: FxPro Edge (Web-based)
    • Minimum Deposit: $100
    • Spreads: Variable, starting from 0.4 pips
    • Leverage: Up to 1:30 (or higher for professional clients)
    • Assets: Forex, Indices, Energies, Metals
    • Execution: Market Execution
    • Hedging and Scalping: Allowed
    • Islamic Account: Available
    • Demo Account: Yes
  2. MT4 Accounts (MetaTrader 4):
    • Platform: MetaTrader 4 (Desktop, Web, Mobile)
    • Minimum Deposit: $100
    • Spreads: Variable or Fixed, starting from 1.4 pips
    • Leverage: Up to 1:30 (or higher for professional clients)
    • Assets: Forex, Indices, Energies, Metals, Shares, Futures
    • Execution: Market Execution
    • Hedging and Scalping: Allowed
    • Islamic Account: Available
    • Demo Account: Yes
  3. MT5 Accounts (MetaTrader 5):
    • Platform: MetaTrader 5 (Desktop, Web, Mobile)
    • Minimum Deposit: $100
    • Spreads: Variable, starting from 1.4 pips
    • Leverage: Up to 1:30 (or higher for professional clients)
    • Assets: Forex, Indices, Energies, Metals, Shares, Futures
    • Execution: Market Execution
    • Hedging and Scalping: Allowed
    • Islamic Account: Available
    • Demo Account: Yes
  4. cTrader Accounts:
    • Platform: cTrader (Desktop, Web, Mobile)
    • Minimum Deposit: $100
    • Spreads: Variable, starting from 0 pips
    • Leverage: Up to 1:30 (or higher for professional clients)
    • Assets: Forex, Indices, Energies, Metals
    • Execution: Market Execution
    • Hedging and Scalping: Allowed
    • Islamic Account: Available
    • Demo Account: Yes
  5. VIP Account:
    • Platform: FxPro Edge, MT4, MT5, cTrader
    • Minimum Deposit: $50,000
    • Spreads: Discounted spreads
    • Leverage: Up to 1:30 (or higher for professional clients)
    • Assets: Comprehensive range
    • Execution: Market Execution
    • Hedging and Scalping: Allowed
    • Islamic Account: Available
    • Demo Account: Yes
    • Additional Benefits: Dedicated account manager, free VPS (Virtual Private Server)

These account types provide traders with flexibility in terms of trading platforms, minimum deposits, spreads, and available assets.

Whether you’re a beginner or an experienced trader, you can select the account type that aligns with your trading style and objectives.

Additionally, The broker offers Islamic accounts that comply with Sharia principles, enabling traders to participate in the markets while adhering to Islamic finance principles.

Demo Account

This broker offers a comprehensive demo account, which is a valuable resource for both beginner and experienced traders.

Here’s what you need to know about demo account:

  • Availability: FxPro provides demo accounts for all its trading platforms, including FxPro Edge, MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. This means you can choose the platform that best suits your trading preferences and practice with it in a risk-free environment.
  • Virtual Funds: The demo account is funded with virtual money, allowing you to simulate real trading conditions without risking your capital. This is an ideal way for novice traders to get familiar with the platform and for experienced traders to test new strategies.
  • Real Market Conditions: FxPro’s demo account replicates real market conditions, including live price feeds. This means you can execute trades, analyze charts, and experience the market’s volatility just as you would with a live account.
  • No Expiration: FxPro’s demo accounts do not have an expiration date. You can use them for as long as you need to hone your trading skills and strategies. This is especially helpful for traders who want to continuously improve and adapt.
  • Educational Tool: Besides practice, the demo account can serve as an educational tool. You can learn about different order types, risk management, and the features of your chosen trading platform. It also provides educational materials and resources to complement your learning.
  • Switch to Live Account: Once you feel confident and ready to transition to live trading, The broker makes it seamless to switch from your demo account to a live one. You can open a live account with the same platform and start trading with real funds.
  • Multiple Platforms: The broker understands that traders have different preferences when it comes to trading platforms. Offering demo accounts on multiple platforms allows you to explore and choose the one that suits you best.

Trading Platforms

This broker offers a range of trading platforms, each catering to different types of traders, from beginners to advanced and algorithmic traders.

Here’s an overview of the trading platforms available:

  1. FxPro Edge:
    • User-Friendly: FxPro Edge is a proprietary platform known for its user-friendly interface. It’s ideal for beginners and casual traders.
    • Web-Based: This web-based platform allows you to access the markets directly from your browser, making it convenient for traders who don’t want to download software.
    • Customizable: FxPro Edge is highly customizable, and it includes popular features such as one-click trading and trading directly from the chart.
    • Language: Currently, English is the only available language for this platform.
  2. MetaTrader 4 (MT4):
    • Advanced Functionality: MT4 is a well-known and widely used platform in the industry. It’s suitable for traders who require advanced trading features.
    • Versatile: MT4 supports various trading styles, including manual trading, automated trading, and copy trading.
    • Robust Charting: It offers robust charting capabilities, multiple time frames, technical indicators, and customizable chart templates.
    • Order Types: MT4 supports market, limit, and stop loss orders, making it suitable for traders of all experience levels.
  3. MetaTrader 5 (MT5):
    • Extended Features: MT5 is an upgraded version of MT4 and provides additional features such as more time frames, more technical indicators, and an economic calendar.
    • Hedging: Unlike MT4, MT5 allows for hedging positions, making it appealing to traders who employ hedging strategies.
    • Additional Markets: In addition to forex and CFDs, MT5 also supports trading in stocks and commodities.
  4. cTrader:
    • Institutional-Grade: cTrader is designed to replicate an institutional trading environment and is favored by advanced and algorithmic traders.
    • Depth of Market (DoM): It includes a Level 2 DoM, showing incoming liquidity from multiple liquidity providers.
    • Market Sentiment: cTrader provides market sentiment data, indicating the percentage of client accounts that are long (buyers) or short (sellers).
  5. FxPro Direct Mobile App:
    • Mobile Trading: The company offers a mobile app, FxPro Direct, available for iOS and Android devices. It allows users to manage their accounts, deposit/withdraw funds, contact support, and trade on the go.
    • TradingView Charts: The app features TradingView charts, providing a wide range of technical analysis indicators and tools.
    • Convenient Features: One-click trading, trading from the chart, an economic calendar, and 2-factor authentication are also available.


Over the years, it has received numerous awards and recognitions within the forex and trading industry.

These awards acknowledge the broker’s excellence in various aspects of its services.

Here are some notable awards and recognitions received:

  1. Best FX Broker 2020: This broker was recognized as the “Best FX Broker” at the Online Personal Wealth Awards in 2020. This award reflects the broker’s commitment to providing top-notch forex trading services.
  2. Best Forex Trading Platform 2019: The broker received the award for “Best Forex Trading Platform” at the ADVFN International Financial Awards in 2019. This recognition highlights FxPro’s dedication to offering exceptional trading platforms.
  3. Best Forex Provider 2018: The broker was named the “Best Forex Provider” at the Investors Chronicle & Financial Times Investment and Wealth Management Awards in 2018. This award showcases the broker’s quality forex trading services.
  4. Best FX Execution, Global, 2017: This broker received the award for “Best FX Execution, Global” at the Global Brands Magazine Awards in 2017. This recognition reflects the broker’s efficient order execution.
  5. Best Forex Trading Tools 2016: This broker was acknowledged for having the “Best Forex Trading Tools” at the UK Forex Awards in 2016. This award highlights the broker’s comprehensive trading tools and resources.
  6. Best Forex Provider 2015: The Investors Chronicle & Financial Times Investment and Wealth Management Awards honored it as the “Best Forex Provider” in 2015. This award reflects the broker’s excellence in forex trading.
  7. Best FX Broker 2014: The broker was recognized as the “Best FX Broker” at the Shares Awards in 2014. This award underlines the broker’s quality forex brokerage services.

Regulation and Security

Regulation and security are paramount in the world of online trading, and FxPro takes these aspects seriously.

The broker is regulated by reputable authorities, including the FCA in the UK and CySEC in Cyprus.

Client funds are held in segregated accounts, enhancing security and ensuring compliance with regulatory standards.

Research and Education

Its commitment to research and education is evident through its daily market analysis, technical reports, and educational resources.

Traders can access a wealth of information, including trading strategies, webinars, video tutorials, and economic calendars.

These resources empower traders to make informed decisions and enhance their trading skills.

Customer Support

The broker offers responsive and knowledgeable customer support via live chat, email, and phone.

Customer support representatives are available 24/5 to assist clients with inquiries, account-related matters, and technical support.

The absence of chatbots ensures that clients receive personalized assistance.

Bonuses and Promotions

While it may not offer extensive bonuses or promotional campaigns compared to some competitors, its focus on transparency and regulatory compliance aligns with its commitment to providing a secure and ethical trading environment.

Account Opening

Opening an account is a straightforward process.

Here are the steps you need to follow to open an account:

  1. Visit the FxPro Website: Start by visiting the official website.
  2. Choose “Register”: Look for the “Register” or “Open an Account” button on the website’s homepage and click on it.
  3. Select Your Account Type: FxPro offers various account types, including live trading accounts and demo accounts. Choose the type of account you want to open. If you’re new to trading, you might want to start with a demo account to practice without risking real money.
  4. Complete the Registration Form: Fill out the registration form with your personal information, including your name, email address, phone number, and country of residence. Make sure to use accurate information.
  5. Choose Your Trading Platform: Select the trading platform you prefer. The broker offers several platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and FxPro Edge. You can choose the one that best suits your trading style and preferences.
  6. Set Your Leverage: Decide on your preferred leverage level. The broker offers various leverage options, but the maximum available leverage may vary depending on your location and regulatory restrictions.
  7. Select Your Base Currency: Choose the base currency for your trading account. This is the currency in which your account will be denominated.
  8. Review and Accept the Terms: Carefully review its terms and conditions, client agreement, and any other relevant documents. Make sure you understand and agree to the terms before proceeding.
  9. Submit Verification Documents: To comply with regulatory requirements and verify your identity, you will need to provide certain documents. This typically includes a copy of your passport or government-issued ID and proof of address, such as a utility bill or bank statement.
  10. Complete the Verification Process: FxPro’s team will review your documents and verify your identity. This process may take some time, but you’ll receive notifications regarding the status of your account.
  11. Fund Your Account: Once your account is verified, you can fund it by making a deposit using one of the available payment methods. FxPro offers various deposit options, including bank transfers, credit/debit cards, and e-wallets.
  12. Start Trading: With your account funded, you can log in to your chosen trading platform and start trading. You can trade a wide range of financial instruments, including forex, commodities, indices, stocks, and cryptocurrencies.

Payment Methods

This broker offers a range of payment methods to fund your trading account and withdraw funds.

The availability of specific payment methods may vary depending on your country of residence.

Here are the common payment methods supported:

  1. Bank Wire Transfer: You can fund your account via bank wire transfer. This method allows you to transfer funds directly from your bank account to your trading account. It’s a secure way to deposit and withdraw funds, but it may take a few business days for the transaction to complete.
  2. Credit/Debit Cards: This broker accepts major credit and debit cards, including Visa and MasterCard. Deposits made via credit/debit cards are usually processed quickly, allowing you to start trading almost instantly.
  3. Online Payment Systems: FxPro supports various online payment systems, such as Neteller, Skrill, PayPal, WebMoney, and others. These e-wallets provide a convenient and fast way to deposit and withdraw funds from your trading account.
  4. FasaPay: FasaPay is a payment method that caters to traders in specific regions. It offers secure and efficient fund transfers.
  5. China UnionPay: China UnionPay is a popular payment option for traders in China. It allows for convenient deposits and withdrawals.
  6. E-wallets: In addition to the mentioned e-wallets, it may offer other e-wallet options based on your location and regulatory restrictions.
  7. Other Local Methods: Depending on your country, FxPro may provide additional local payment methods that are widely used in your region.

Deposits and Withdrawals

Deposits and withdrawals with are typically free of charge, with fast processing times.

Bank transfers and credit/debit card withdrawals may take a few business days to complete, while digital wallet transfers are usually processed more quickly.

Is it a Good Broker?

FxPro is considered a reputable and good broker for traders seeking a reliable platform with a wide range of assets, competitive fees, and strong regulatory oversight.

However, the suitability of FxPro as a broker may depend on individual trading preferences and goals. It is essential for traders to consider their specific needs and conduct thorough research before choosing a broker.

Alternative Brokers & Comparisons

If you’re considering FxPro as a forex and CFD broker, it’s a good idea to explore alternatives and make comparisons to ensure you choose the best broker that aligns with your trading needs and preferences.

Here are some alternative brokers and comparisons to consider:

  1. IG (IG Group):
    • IG is a well-established online broker known for its extensive range of trading instruments, including forex, indices, shares, commodities, and cryptocurrencies.
    • IG offers a user-friendly trading platform and advanced charting tools.
    • Both FxPro and IG provide competitive spreads and a range of account types.
  2. OANDA:
    • OANDA is a reputable broker with a strong focus on forex trading. It offers a wide range of currency pairs and competitive spreads.
    • OANDA is known for its powerful trading platform and innovative tools.
    • Traders looking for a forex-centric broker might find OANDA appealing.
  3. Pepperstone:
    • Pepperstone is a popular broker with a strong presence in the forex and CFD markets.
    • It offers a choice of trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader.
    • Pepperstone is known for its low spreads and fast order execution.
  4. XM (XM Group):
    • XM is a broker that provides a range of trading instruments, including forex, commodities, indices, and cryptocurrencies.
    • XM offers both the MetaTrader 4 and MetaTrader 5 platforms for trading.
    • Traders interested in a wide variety of assets might consider XM.
  5. AvaTrade:
    • AvaTrade is a global broker that offers forex and CFD trading on various assets, including stocks and cryptocurrencies.
    • It provides a range of trading platforms, including AvaTrader and MetaTrader.
    • AvaTrade is known for its educational resources and customer support.
  6. Interactive Brokers:
    • Interactive Brokers is a comprehensive brokerage firm that caters to both retail and institutional traders.
    • The company offers a wide array of assets, advanced trading platforms, and competitive pricing.
    • Interactive Brokers is suitable for experienced traders and those seeking a diverse range of assets.

When comparing brokers, consider factors such as the range of trading instruments, trading platforms, fees and spreads, regulatory compliance, customer support, and any unique features that may align with your trading goals.

It’s essential to conduct thorough research, read user reviews, and even try out demo accounts with multiple brokers to determine which one best suits your trading style and preferences.

Keep in mind that the best broker for one trader may not be the best for another, so your choice should align with your specific needs and objectives.


FxPro’s solid reputation, extensive range of assets, versatile trading platforms, and commitment to regulatory compliance make it a competitive choice for traders worldwide.

While it may not offer the most extensive bonuses, its focus on transparency and security provides a trustworthy trading environment.

To decide if a company is the right fit for your trading needs, carefully assess your requirements and explore the broker’s offerings.

Contact Info

FAQ – Frequently Asked Questions

What is FxPro?

FxPro is an online brokerage firm that provides access to a wide range of financial instruments, including forex, commodities, indices, shares, and cryptocurrencies. It offers trading services to retail and professional traders.

Is FxPro regulated?
Yes, FxPro is a regulated broker. It is authorized and regulated by several reputable financial authorities, including the Financial Conduct Authority (FCA) in the United Kingdom, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Financial Sector Conduct Authority (FSCA) in South Africa.

What trading platforms does FxPro offer?
FxPro offers a variety of trading platforms, including FxPro Edge, MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. These platforms cater to traders with different experience levels and preferences.

Can I open a demo account with FxPro?

Yes, FxPro provides free demo accounts that allow traders to practice their strategies and get familiar with the trading platforms without risking real money. It’s a great way to learn and test trading strategies.

What is the minimum deposit required to open an FxPro account?
The minimum deposit requirement at FxPro varies depending on the account type and base currency you choose. It’s generally competitive, but the specific amount may change over time, so it’s best to check the latest requirements on the FxPro website.

What is the maximum leverage offered by FxPro?
FxPro offers varying levels of leverage depending on the regulatory jurisdiction and the trader’s classification. Leverage can range from 1:30 for retail clients to higher levels for professional clients. Be sure to understand the implications of leverage before trading.

Does FxPro charge fees for deposits and withdrawals?

FxPro typically does not charge fees for deposits or withdrawals. However, it’s essential to check the latest fee schedule on their website, as fees may apply for certain payment methods or specific circumstances.

Does FxPro offer copy trading and signals?
Yes, FxPro provides access to copy trading services where traders can follow and copy the strategies of experienced traders. Additionally, the broker offers trading signals and research tools to help traders make informed decisions.

Is FxPro suitable for beginners?
FxPro caters to traders of all experience levels. The availability of educational resources, demo accounts, and user-friendly trading platforms makes it suitable for beginners. However, traders should always start with a solid understanding of the markets and risk management.
How can I contact FxPro's customer support?
FxPro offers customer support through various channels, including live chat, email, and phone. You can find the contact details and operating hours on their official website. The customer support team is generally responsive and helpful.

References and Sources

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Article written, edited and reviewed by


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Last updated: April 11, 2024