FXPro: Navigating Forex Markets

FXPro

FxPro brokerage company is a successful symbiosis of innovative philosophy, vision and customer service. With this broker, both beginners and experienced traders will receive the most comfortable conditions for profitable trading. The company gives priority to the development of innovative technologies and trading tools that allow traders to trade not only profitably, but also conveniently.
The broker offers CFDs on Forex, stocks, indices, futures, metals and energy. The company provides its clients with primary liquidity and is characterized by improved execution without intervention in transactions. Keep reading this full FxPro review and you will find all the information you need to understand if this broker is right for you.

Foundation2006
Trading platformsMetaTrader 4, MetaTrader 5, cTrader, Edge
AccountsFxPro MT4 Instant, FxPro MT4 Fixed, FxPro MT5, FxPro cTrader, VIP account.
Account currenciesUSD, EUR, PLN, GBP, AUD, CHF, JPY, ZAR
WithdrawalCredit cards, bank transfer, Neteller, Skrill, PayPal, UnionPay
InstrumentsForex, Spot Indices, Energy CFDs, Spot Metals, Stock CFDs, Agricultural CFDs, Indices CFDs
Minimum depositUSD 100
Leverage1:1 up to 1:200/1:500
Minimum orderFrom 0.01 lot
Commission0.1 PIPs
Mobile TradingYes
Affiliate ProgramYes
PAMM AccountsYes
BonusesNo

FxPro brokerage company

Benefits

Benefits

  1. Insurance for a trader’s negative balance;
  2. A wide range of trading platforms;
  3. The opportunity to debug strategies and test a trading advisor by opening an FXPro MT4 account and getting access to interbank liquidity;
  4. Free additional services for VIP clients;
  5. Wide range of deposit and withdrawal options;
  6. Opportunity to learn from experienced professionals;
  7. Narrow spread. Fixed and floating spread brokerage accounts are available;
  8. Free analysis, news, calculator and calendar.

Account

FxPro Account Types

The broker offers 4 types of accounts, as well as the opportunity to open a demo account. FxPro platforms are available in a mobile application and come with their features:

Account typeDescriptionFee Withdrawal fee
FxPro MT4 InstantCFD Instruments – Forex, Metals, Indices, Energy, Futures, Stocks. All instruments: Marked-up floating spreads (zero commission).From $160
FxPro MT4 FixedCFD Instruments – Forex, Metals, Indices, Energies, Futures, Stocks. Fixed spreads apply to the 7 major currency pairs (you can see the details of fixed spreads in the website specifications of these pairs). MT4 Fixed spreads account for all other instruments: Floating marked floating spreads (zero commission).From $150
FxPro MT5In the MetaTrader 5 terminal, you can trade currency pairs, metals, commodities and energy.From $150
FxPro cTraderYou can trade currencies, metals, commodities and indices in the cTrader terminal.From $30

FxPro Account Types

Demo account

FxPro offers an unlimited demo account for new traders or those who want to try out a new trading strategy and improve it before trading in an active account and risking real money where there can be no profit or loss. A demo account will allow beginners to test their potential investments in a risk-free environment to gain confidence regardless of their investment decision.

Useful FxPro services

  1. VPS service is dedicated access to a server where trading robots are remotely installed and launched. Thanks to this functionality traders trade 24 hours a day, 5 days a week. Delays are minimized. Even after traders turn off their computers, trading will continue. A monthly subscription to the VPS service costs 30 dollars, for VIP account holders the service is free of charge;
  2. FxPro interactive training of two levels of complexity, including information on basic knowledge, fundamental analysis, tips for beginners, psychology lectures, online quizzes and video tutorials;
  3. FxPro Tools, an application with the most essential trading tools: analysis, real-time quotes for currency pairs, indices and metals;
  4. FxPro Direct: this is an important milestone in trading account management. With this application, the trader gets access to the latest market information, manages the FxPro portfolio and funds the account from a smartphone.

Pros and Cons

Advantages

Advantages of the platform

  • Protection of client’s negative balance. It has automated transaction monitoring and a risk management system, that is, capital is guaranteed not to go into a negative balance;
  • Insurance of client funds through the participation of the broker in the investor compensation fund;
  • The broker offers swap-free accounts for clients whose religious beliefs do not allow swaps, such as Muslim traders;
  • Beginner traders will be able to gain access to proven advisors;
  • Full package of services regardless of account balance;
  • VIP account holders are provided with a personal manager and daily market analysis;
  • A reliable business environment is provided by a competent teaching and research department.

Disadvantages

Disadvantages of the platform

  • A minimum deposit of $100 is considered high;
  • Difficulties registering in the affiliate program.

Difficulties registering

Affiliate Program

FxPro Affiliate Program

The broker offers the following types of partnership:

  1. Representative affiliate FxPro. This is a flexible payment method with individual discounts. Under this program, a trader receives $50 per million dollars of turnover when working with exotic currency pairs and up to $35 per million dollars of trading when working with popular currency pairs;
  2. Partner. This is an elite trading environment with exclusive promotional materials and a payout of up to $600 per customer.

legality

FxPro legality

FxPro is recognized throughout the industry as a trustworthy and reliable broker. The platform is regulated by the FCA, CySEC, FSCA and SCB. In the United Kingdom, FxPro UK Limited is regulated by the Financial Conduct Authority under CFD Trading Authorization Number FCA 509956 and has subsidiaries subject to other senior regulatory authorities:

  • FxPro Financial Services LTD (CYSEC 078/07) in Cyprus.
  • FxPro Financial Services LTD is also authorized by the FSCA to operate in South Africa (FSCA 45052).
  • FxPro Global Markets LTD in the Bahamas (SCB Bahamas SIA-F184).

Opening

Opening a FxPro trading account

The registration process will take you about 10 minutes. To start making money with the FxPro brokerage company, follow these steps:

  1. Go to the broker’s official website.
  2. Open an account on the main page by clicking the corresponding “Register” button.
  3. Enter your first name, last name, email address, phone number and password.
  4. For the first time accessing your account, confirmation by email is not required.
Faq

FAQ

Is FxPro a good trading platform?

With over 16 years of experience, FxPro has earned a reputation as a reliable and trusted broker. It is suitable for both beginners and experts.

What payment processing methods does FXPro offer for its clients?

FXPro accepts a wide range of payment methods, including credit/debit cards, bank transfers, and e-wallets such as PayPal, Skrill and Neteller.

Is FxPro suitable for scalping?

Yes. FxPro provides access to top-tier trading platforms specifically designed for scalpers.