Recommended for
- Investors and traders globally
Trusted broker
Regulated by top-tier financial authorities
Popularity
322
people
chose this broker in the last 6 months
BrokerChooser Score
4.2/5
FxPro review summary
FxPro is an international CFD and forex broker, regulated by the UK FCA, CySEC of Cyprus and the SCB at the Bahamas. FxPro’s account opening process is fast, fully online, and user-friendly. FxPro has a well-performing customer service that provides fast and relevant answers and can be contacted in many languages. You can use a lot of options for deposit or withdrawal, and they’re free of charge. On the negative side, FxPro’s product portfolio is limited to forex and CFD. Non trading fees are average, there is also an inactivity fee that kicks in after 12 months of no trading. BrokerChooser gave FxPro a 4.2/5 rating based on analyzing 500+ criteria and testing via opening a live account.
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FxPro pros and cons
Pros
Cons
- Superb account opening process
- Great customer service
- Free deposit and withdrawal
- Only CFDs and forex
- High trading fees for some stock CFDs
- Inactivity fee
FxPro main highlights
🗺️ Country of regulation
Cyprus, UK, Bahamas, South Africa
💰 Trading fees class
Low
💰 Inactivity fee charged
Yes
💰 Withdrawal fee amount
$0
💰 Minimum deposit
$100
🕖 Time to open an account
1 day
💳 Deposit with bank card
Available
👛 Depositing with electronic wallet
Available
💱 Number of base currencies supported
8
🎮 Demo account provided
Yes
🛍️ Products offered
Forex, CFD
Fees
FxPro has low forex fees and free deposit and withdrawal options. On the negative side, FxPro charges an inactivity fee, and stock CFD fees are high.
Account opening
FxPro account opening is hassle-free, straightforward and very fast; it may take less than two hours to verify your account.
Deposit and withdrawal
FxPro offers free and fast deposit and withdrawal, via various channels including bank transfer, credit/debit cards and electronic wallets.
Web trading platform
FxPro offers several trading platforms. The MT4 platform we tested is highly customizable and has a clear fee report, but the platform lacks price alerts and the design is outdated.
Mobile trading platform
FxPro has a great mobile trading platform, provided by MT4. It is well designed and user-friendly, with a good search function. However, Touch/Face ID login is not supported.
Desktop trading platform
In design and functionality, FxPro’s MT4 desktop platform is almost the same as the web trading platform. A major difference is that you can set price alerts on the desktop platform.
Markets and products
At FxPro you can trade CFDs of underlying asset classes including forex, stocks, commodities, futures and indices. However, popular products such as real stocks or ETFs are not available.
Research
FxPro offers extensive technical analysis, and some great tools to give you a quick market overview. On the downside, it provides no fundamental data.
Customer service
FxPro’s customer service is fast, multilingual, and provides relevant answers. It is not available on weekends, though, and you cannot reach phone support directly.
Education
FxPro’s educational tools include a demo account, trading platform tutorials (though not for MetaTrader platforms), as well as educational videos and written materials.
Safety
FxPro is regulated by three financial authorities globally, including the top-tier FCA. It is a well-established brand, but it is not listed on any exchange and does not disclose financial information.
