FxPro broker review: analyzing assets, platforms, and trading conditions

FxPro has established itself as a prominent global CFD and forex broker, serving traders in over 170 countries since its founding in 2006. The broker distinguishes itself through its extensive multi-asset offering, providing access to more than 2,100 financial instruments across forex, shares, indices, metals, energy, and cryptocurrencies. What truly sets FxPro apart is its flexible approach to trading, offering clients their choice of four major trading platforms alongside multiple account types tailored to different trading styles and experience levels. With strong regulatory oversight from multiple jurisdictions including the FCA and CySEC, FxPro has built a reputation for reliability and transparency in the competitive online trading space. The broker caters to everyone from beginners seeking user-friendly platforms to professional traders requiring advanced tools and competitive pricing conditions.

FxPro: available assets

FxPro provides traders with a vast and diverse portfolio of over 2,100 financial instruments, all accessible through Contracts for Difference (CFDs). This allows clients to speculate on the price movements of global markets without owning the underlying asset. Here’s a breakdown of the asset classes available:

Forex trading

As a core offering for many brokers, FxPro provides deep liquidity and competitive pricing in the world’s largest financial market.

• What you can trade: A wide range of currency pairs.
• Major pairs: High-liquidity pairs like EUR/USD, GBP/USD, USD/JPY, and USD/CHF.
• Minor pairs: Cross-currency pairs such as EUR/GBP, AUD/CAD, and NZD/JPY.
• Exotic pairs: Pairs involving a major currency and one from an emerging economy, like USD/TRY (US Dollar/Turkish Lira) or EUR/PLN (Euro/Polish Zloty).
• Ideal for: Traders looking for high liquidity, 24-hour markets (5 days a week), and strategies based on technical and fundamental analysis of global economies.

Shares trading

FxPro offers access to some of the world’s most prominent companies, allowing you to trade their price movements as CFDs.

• What you can trade: CFDs on individual company stocks.
• Key markets:
  • US shares: Tech giants like Apple (AAPL) and Amazon (AMZN), and blue-chip companies from the S&P 500 and NASDAQ.
  • UK shares: Major firms listed on the FTSE 100, such as BP and HSBC.
  • EU shares: Leading companies from European indices like the DAX (Germany) and CAC 40 (France).

• Ideal for: Traders who want exposure to specific companies or sectors without owning the actual stock, and who wish to profit from both rising and falling markets potentially.

Indices trading

Trade on the overall performance of a basket of leading company stocks from a specific country or exchange.

• What you can trade: CFDs on major global stock indices.
• Examples:
  • US: US30 (Dow Jones Industrial Average), SPX500 (S&P 500), NAS100 (NASDAQ 100).
  • Europe: UK100 (FTSE 100), GER40 (DAX 40), FRA40 (CAC 40).
  • Asia: JPN225 (Nikkei 225), HK50 (Hang Seng).
• Ideal for: Traders who prefer to speculate on the broader economic health of a country or region rather than on individual company performance.

Metals trading

A popular class for hedging against inflation and market volatility.

• What you can trade: Precious metals, primarily traded against the US Dollar.
• Key instruments:
  • Gold (XAU/USD): The world’s premier precious metal.
  • Silver (XAG/USD): More volatile than gold, with both industrial and investment demand.
  • Other metals like Platinum and Palladium may also be available.

• Ideal for: Diversification, hedging against geopolitical risk or inflation, and traders interested in commodities.

Energy trading

Gain exposure to the critical and often volatile energy sector.

• What you can trade: CFDs on key energy commodities.
• Key instruments:
  • Crude oil: Both Brent Crude and West Texas Intermediate (WTI).
  • Natural gas.

• Ideal for: Traders who follow geopolitical events, OPEC decisions, and global economic data that influence energy supply and demand.

ETFs (Exchange-Traded Funds) trading

ETFs offer a way to invest in a diversified basket of assets through a single instrument.

• What you can trade: CFDs on a variety of ETFs.
• Diversity of underlyings: FxPro’s ETF selection covers various themes, including:
  • Stock market indices (e.g., SPDR S&P 500 ETF – SPY)
  • Commodities (e.g., Gold Trusts)
  • Sectors (e.g., Technology, Healthcare)
  • Bonds and real estate (REITs)

• Ideal for: Traders seeking diversified exposure to a specific theme, sector, or asset class with a single trade.

Futures trading

While FxPro offers CFDs on futures, it’s important to understand the underlying. Futures contracts are agreements to buy or sell an asset at a predetermined price on a specific future date.

• What you can trade: CFDs on a range of futures contracts.
• Underlying assets: These can include stock indices, commodities, and energy products, often overlapping with the dedicated indices and energy categories.
• Ideal for: More experienced traders looking for standardized contracts and exposure to specific expiration dates.

FxPro: account types

MT4, MT5, FxPro platform accounts

These accounts simplify your trading costs by incorporating all fees into the spread, which starts from 1.2 pips on major pairs. This all-inclusive pricing model is ideal for traders who prefer predictable costs without separate commissions. You can choose the classic MT4 for Forex and automated trading, the more expansive MT5 for stocks and ETFs, or FxPro’s own platform for a modern, integrated experience.

cTrader account

Tailored for active and algorithmic traders, the cTrader account provides direct market access with raw spreads starting from 0.0 pips. Trading costs are transparent, consisting of this tight spread plus a low commission per trade. This model is perfect for scalpers and high-volume traders seeking the best possible execution and low latency on a sophisticated, intuitive platform.

Demo account

The FxPro demo account is a full-featured trading simulator that mirrors live market conditions. It provides you with virtual funds to practice strategies, test Expert Advisors, or simply familiarize yourself with the platforms risk-free. You have complete access to all 2,100+ instruments, making it an essential tool for both beginners and experienced traders.

Swap-free account

This is a Sharia-compliant account designed for Muslim traders. Available on all platform types upon request, it facilitates interest-free trading by completely removing all overnight swap or rollover charges that are considered non-compliant with Islamic finance principles. This allows for ethical participation in the global markets.

Professional account

The Professional Client status is for experienced traders who meet specific criteria regarding trading activity, portfolio size, and industry knowledge. By electing for this classification, you gain access to higher leverage limits not available to retail clients. A key benefit is that FxPro continues to provide Negative Balance Protection, though you may waive other protections like investor compensation fund coverage.

VIP account

The VIP account is an exclusive tier for high-net-worth individuals who maintain significant trading volumes. It offers premium conditions to reduce the cost of high-frequency trading, including discounts of up to 30% on both spreads and cTrader commissions. VIP clients also receive a free Virtual Private Server (VPS) for optimal automated trading performance and the support of a dedicated account manager.

FxPro: trading platforms

FxPro offers a choice of top-tier trading platforms, ensuring every trader finds a solution that fits their strategy. The experience is divided into two main pricing models: the Standard (Commission-Free) model on MT4, MT5, and the FxPro Platform, and the Raw Spreads + Commission model on cTrader.

MetaTrader 4 (MT4)

The industry classic, renowned for its stability and automated trading capabilities.

• Pricing: Standard (commission-free). All costs are built into the spread.
• Best for: Forex and metals traders who rely heavily on Expert Advisors (EAs) and prefer a proven, widely-used platform.
• Key features:
  • Expert Advisors (EAs): Full support for automated trading strategies.
  • Indicators: 30 built-in indicators, with support for custom ones.
  • Position management: Supports hedging.
  • Customization: 37 languages and programmable with MQL4.

MetaTrader 5 (MT5)

The powerful successor to MT4, offering more markets and advanced tools.

• Pricing: Standard (commission-free).
• Best for: Traders who want access to a wider range of assets, including stocks and ETFs, within the MetaTrader ecosystem.
• Key features:
  • More instruments: Trade the full suite of 2,100+ CFDs, including shares.
  • Advanced order types: 6 pending order types and 21 timeframes.
  • Improved backtesting: Superior strategy tester for EAs (coded in MQL5).
  • Flexibility: Choice between Netting or Hedging position systems.

cTrader

A modern, intuitive platform designed for transparency and high-speed execution.

• Pricing: Raw spreads + commission. Get ultra-low spreads and pay a transparent fee.
• Best for: Active traders, scalpers, and those who value direct market access and advanced chart trading.
• Key features:
  • Advanced execution: Depth of Market (DoM) and no minimum stop/limit levels.
  • Superior charting: 26+ timeframes (including Tick, Renko), 55+ indicators, and detachable charts.
  • Smart trading tools: Advanced stop-loss and take-profit features, including breakeven stops.
  • Automation: Supports algorithmic trading with cBots (C#).

FxPro proprietary platform (WebTrader and mobile app)

FxPro’s own all-in-one solution, offering a seamless and integrated trading experience.

• Pricing: Standard (commission-free).
• Best for: Traders who prefer a clean, modern interface with powerful integrated tools and seamless cross-device synchronization.
• Key features:
  • Integrated tools: Built-in advanced charting (powered by TradingView), economic calendar, and sentiment data for majors.
  • User-friendly: Streamlined for both web and mobile use with one-click trading.
  • Chart trading: Execute trades directly from the charts.

Summary: which platform is right for you?

• For EA trading on forex/metals: Choose MetaTrader 4.
• For trading stocks/ETFs and more markets: Choose MetaTrader 5.
• For low-cost, active trading and transparency: Choose cTrader.
• For an all-in-one modern experience: Choose the FxPro Platform.

All FxPro platforms are supported by ultra-fast execution and provide access to a vast range of CFD instruments, allowing you to tailor your trading environment to your exact needs.

FxPro: regulation and licences

FxPro operates through a group of regulated entities across multiple international jurisdictions, providing a secure and transparent trading environment for its global client base. This multi-entity structure ensures that client activities are overseen by reputable financial authorities.

Regulatory entities overview

FxPro’s operations are primarily governed by the following regulated entities:

Key regulatory frameworks

MiFID II Compliance in the European Union
FxPro’s CySEC regulation is particularly significant as it falls under the European Markets in Financial Instruments Directive (MiFID II). This EU legislation ensures:

• Enhanced investor protection: Stricter rules on product governance and information provided to clients.
• Increased transparency: Improved pre- and post-trade transparency for a fairer market.
• Robust market structure: Makes financial markets more efficient, resilient, and transparent.
• Cross-border services: The CySEC licence acts as a “passport,” allowing FxPro to offer its services seamlessly across the entire European Economic Area (EEA).

Summary: what this means for you

FxPro’s multi-jurisdictional regulatory approach means that clients are onboarded under a specific entity based on their country of residence. This structure is designed to ensure that the firm adheres to the highest applicable standards in each region, including:

• Segregation of client funds: Keeping client money separate from the company’s operational funds.
• Financial compliance: Adhering to strict capital requirements and regular reporting.
• Dispute resolution: Providing access to official channels like financial ombudsman services where applicable.

When you trade with FxPro, your chosen entity’s specific regulator governs the protections you are entitled to, such as investor compensation schemes. It is important for clients to be aware of which FxPro entity they are trading with.

FxPro: fees and commissions

FxPro primarily uses two clear pricing models:

1. Standard accounts (MT4, MT5, FxPro platform)

• Costs: All fees are included in the spread.
• Commission: $0.
• Spreads: Start from 1.2 pips on EUR/USD.

2. cTrader account

• Costs: Raw spreads + separate commission.
• Commission: $35 per $1 million traded.
• Spreads: Start from 0.0 pips on EUR/USD.

Other potential fees

• Overnight fees (swap): Charged for holding positions overnight. Swap-free accounts are available.
• Inactivity fee: May apply after a prolonged period of no trading.
• Currency conversion: A fee applies if your account currency differs from the trade’s currency.

In short: Choose the Standard account for simple, all-inclusive pricing. Choose cTrader for raw spreads, ideal for high-volume trading.

FxPro: leverage

FxPro offers leverage that is primarily determined by two key factors: your client classification (Retail or Professional) and the regulatory entity you are trading with. The leverage levels for retail clients are strictly capped by financial regulators to protect traders from excessive risk.

Leverage for retail clients (FxPro Financial Services Ltd – CySEC)

The following table outlines the maximum leverage available to retail clients under FxPro’s CySEC-regulated entity, which serves the European Union and other regions. These limits are standard under ESMA regulations.

FxPro: deposits and withdrawals

FxPro prioritizes a seamless and cost-effective funding experience, offering a wide range of payment methods with transparency and security.

Key features and benefits

• Zero FxPro fees: The broker charges no fees for deposits or withdrawals.
• Instant deposits: Most payment methods credit your account immediately.
• Fast withdrawals: Requests are processed internally 24/5.
• Secure funds: Client money is held in segregated accounts at top-tier banks.
• Multiple currencies: Support for EUR, USD, GBP, CHF, JPY, PLN, AUD, and ZAR.

Available payment methods

FxPro supports a variety of global and local payment solutions, including but not limited to:

• Bank Wire Transfer
• Credit/Debit Cards (Visa, Mastercard)
• PayPal
• Skrill
• Neteller

Important considerations

• Third-Party Fees: While FxPro charges no fees, your payment provider may.
• Withdrawal to source: For security, withdrawals are typically returned to the original payment method. Card withdrawals are generally limited to the amount deposited via that card.
• Inactivity fees on some methods: A fee may be charged by the provider if you withdraw funds without placing any trades after depositing via certain e-wallets (like Skrill or Neteller).

The FxPro Wallet

To streamline fund management, FxPro offers an integrated Wallet:

• Instant transfers: Move funds between your Wallet and trading accounts instantly.
• Manage risk: Hold funds in the Wallet to shield them from market exposure when not trading.

In short, FxPro provides a flexible, fast, and fee-free funding process, backed by strong security measures to keep your capital safe.

FxPro: customer support

FxPro provides a multi-channel customer support system, available 24 hours a day, five days a week to assist traders with any inquiries or issues.

Key support channels

• LiveChat: For instant help and quick questions directly on their website.
• Request a callback: Schedule a time for a support specialist to call you at your convenience.
• Email: For more detailed or non-urgent inquiries at [email protected].

Support availability

The support team is operational 24/5, aligning with the global financial markets’ trading week. This ensures assistance is available whenever the markets are open.

In summary, FxPro offers accessible and responsive customer support through live chat, phone, and email, ensuring help is readily available during market hours.

FxPro review summary

FxPro presents a compelling choice for traders seeking a versatile, multi-asset brokerage with strong regulatory credentials and comprehensive trading solutions. The broker excels in providing extensive market access through multiple platform options, accommodating both novice and experienced traders. While the CFD-focused nature of trading may not suit all investors, FxPro’s competitive spreads, flexible account structures, and robust regulatory framework make it a trustworthy partner for active traders. The availability of premium services for high-volume traders and professional clients further enhances its appeal, positioning FxPro as a solid choice for those seeking a full-featured trading environment with global market access.

This review was created for you to learn more about FxPro and decide on how well it suits your needs and values. We scored it using our own criteria and methodology to present you with a full, informative report. However, some info is clearer in numbers! Please, see FxPro final scores in areas that our experts consider high-priority.