FxPro Review
Pros and Cons
Pros:
- Regulated by the FCA, CySEC, FSCA and SCB.
- Easy account opening process
- Ultra fast execution
- No dealing desk intervention
- Zero funding fees
- Competitive spreads with no commission
- Maximum leverage of 1:200
- 24/7 customer service (multilingual)
- Facility to trade in micro lots (0.01)
- Deep liquidity
- 2100 instruments to choose from
- Negative balance protection
Cons:
- Inactivity fee
- Requires minimum deposit of $100
Company information
Website: https://www.fxpro.com/
FxPro was founded in 2006 and established itself as the most trusted Forex Broker with 15+ years of experience and regulated by multiple authorities, offering the best ever trading conditions with the mission of helping each and every trader to trade like a pro. The company is headquartered in London and has proved itself to be a truly global broker over the decade. With its customer centric approach aimed at creating a dynamic environment, that gives them access to all the necessary tools for a quality trading experience truly sets them apart from other brokers. FxPro has 1,866,000+ client accounts and is currently serving in 173 countries.
FxPro has bagged 90+ international awards as a testimony of their top quality service with 15+ years of experience and expertise in the Industry. FxPro’s customer friendly interface enables their clients to trade CFDs on a wide range of instruments including popular FOREX pairs, Futures, Indices, Metals, Energies and Share, making FxPro the first choice of every trader to explore the financial markets with ease through multiple trading platforms.
Trading Platforms
FxPro Trading Platform
The FxPro trading platform is an exclusive platform offered by FxPro specifically designed to accommodate the unique needs and requirements of their clients. The web platform can be operated in desktop and also comes with a mobile app version that can be easily installed in both Android and ios smartphones which will serve the purpose of an all in one app to facilitate smooth trading. It has 50+ chart indicators to assist the traders with their trading decisions.
Meta trader 4
The classic trading solution that came into existence in the year 2005 is used by millions of experienced as well as novice traders all over the world.
Meta trader 5
This advanced version of Meta trader is fully customisable to suit the needs and requirements of traders and also provides additional features and a suitable environment for EA development.
CTrader
This innovative platform developed by Spotware is becoming a popular choice due its added level of market analysis and fully customisable user interface.
Account types
FxPro offers a wide variety of accounts to choose from for every trader to suit their individual trading goals and strategies.
- MT4 account with fixed spreads and Instant Execution.
- MT4 account with floating spreads and Instant Execution.
- MT4 account with floating spreads and Market Execution.
- cTrader account with floating spreads and Market Execution.
- MT5 account with floating spreads and Market Execution.
FxPro Trading Tools
FxPro also offers some useful trading tools to their clients which can help them to have the best trading experience.
Earnings Calendar
The FxPro Earnings Calendar helps the traders to check earning reports and dividends for the Stocks and Indices offered through the FxPro Trading Platforms. They can use the earnings calendar for any updates relevant to open positions they have.
Forex Technical Analysis by Trading Central
FxPro has partnered with the global leader of financial research to provide its clients Forex technical analysis by trading central so that they can make timely decisions by using the same.
Trading calculators
The all in one forex calculator can be used for making accurate calculations conveniently.
Daily market reviews
The FxPro analyst team provides the traders a daily market review to keep them updated about the news and events that are taking place.
Educational Resources
FxPro is also a platform where traders can learn and grow. They offer a pool of resources for beginners to get started with trading and also provide educational resources for advanced learning.
Forex VPS
The FxPro Virtual Private Server allows users to upload and run their MT4 expert advisors and cAlgo robots 24 hours a day and they don’t need to keep their trading terminal running.
FxPro Trading Instruments
FxPro also offers thousands of trading instruments in 6 asset classes.
- 70 major, minor and exotic currency pairs for forex trading
- Metal commodities such as gold, silver and platinum.
- Major and minor Index CFDs spot and futures around the globe
- Crypto currency CFDs with popular ones like Bitcoin, Ethereum, Dogecoin and many others & altcoin CFDs
- Hundreds of public company shares from UK, US, France and Germany
- Energy commodities like UK and US crude oil , natural Gas spot and future CFDs
FxPro Deposit and Withdrawals
FxPro wallet
FxPro has introduced an innovative money and risk management tool called FxPro wallet that can be used for funding as well as withdrawal.
Traders can make use of various payment methods such as bank transfers, Visa, Maestro and Master cards, PayPal, Skrill, NETTELLER and Union Pay as per their choice and convenience. There are no hidden charges or commission for funding and withdrawals.
FxPro Minimum Deposit
Although the recommended minimum deposit by FxPro is $1000, traders can easily open an FxPro account with the minimum of $100 which makes it affordable and ideal for many traders.
FxPro Free Demo Account
It is absolutely free to start a demo account in FxPro which is a great opportunity to practice and learn more about trading without risking real money.
Contact and customer support
FxPro has a dedicated customer service to help their traders 24/7. They can contact the support team through mail, call back or even through live chat. The customer service team is multilingual so that each trader can seek help in their own language.
Account opening
Opening an account with FxPro can be done by simply clicking the register button on the FxPro site and after filling out necessary personal information the team will be keen to know about the financial background and investment plans of traders to help them better. The traders need to fund the account only after verification and they can get started with trading. Before which there will be a small test to assess their level of knowledge about financial markets and trading. And they will be asked to upload identity proof documents for verification.
Conclusion
FxPro is the trusted broker for many traders as they continue to serve their clients by offering a safe trading platform and a rich trading experience. With 15+ years of experience in the industry, FxPro is keeping itself up to date with the technological changes taking place so that they can offer world class service to their traders and help them trade like a Pro as they grow with FxPro.
FxPro is a regulated broker offering range of instruments to trade across all assets. They have an excellent customer service which makes them a very popular choice among many traders.
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