Key Takeaways

  • Complete and excellent range of trading platforms.
  • Regulated in the EU, the UK, South Africa and Bahamas.
  • No-Dealing Desk broker with fast execution times.
  • Free deposits & withdrawals (except for bank transfers).

FxPro Overall rating

4.6
Ranked 18 out of 1760 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
Real customer rating 3
Popularity
4.5
3
Regulation
5.0
2
Pricing rating
4.5
1
Features
Not rated
1
Customer Support
Not rated
1


We start our FxPro review highlighting some of the most pertinent features of this popular CFDs broker. FxPro is a highly regulated financial services company, offering online brokerage services, mainly, for retail traders. The group has several entities, licensed and regulated by tier-1 financial supervisors, offering retail investors absolute peace of mind regarding client money safety.

Not only FxPro excels for its client’s funds safety, but the broker has also available everything new, and seasoned traders, will need for a great trading experience – a good variety of financial instruments, excellent trading education materials, and a complete range of trading platforms.

With FxPro traders can try their hand at the markets via the MT4, the MT5, the cTrader and the FxPro Platform, available as a mobile app for iOS and Android, and FxPro web, browser-based.

The FxPro Platform allows investors to trade over 400 CFDs on several asset classes; forex, metals, indices, energies, futures, shares and cryptocurrencies, priced with the spread only and with 0 commission. With an intuitive user interface, the FxPro Platform has a VWAP (volume-weighted average price) market execution with tiered liquidity.

Negatively, trading forex with FxPro can cost slightly more for retail traders, as this broker’s pricing is not the most competitive when compared with other top online brokers. Offering variable spreads from 1.6 pip for major FX pairs, even without a commission, FxPro spreads are slightly above the industry average of 1.0 pip.

And things don’t get any better with the cTrader account. Offering floating spreads, starting at 0.2 pip for some major pairs, and a higher-than-average trading commission of $10.40 per 100K traded*, the total cost of trading 1 EUR/USD lot, for example, is 1.24 pip. Again, a total cost that is quite above the industry average of 0.8 pip – assuming an ECN pricing model with 0.2 pip spread and a 0.6 pip ($6) trading commission.

*Assuming 1 lot of EUR/USD traded at 1.1558 – FxPro commissions are $45 per USD million traded, charged at the opening and closing and vary according to market rates and instrument traded.

FxPro Regulation / Money Protection

5.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
FxPro Financial Services Ltd up to €20,000 30 : 1
FxPro UK Limited up to £85,000 30 : 1
FxPro Financial Services Limited 30 : 1
FxPro Global Markets Ltd 200 : 1


FxPro provides quality CFDs trading services and investors can open a live trading account with any of its two highly-regulated entities, one in Cyprus and one in compliance with the UK’s FCA regulations, one supervised by South Africa’s FSCA and one licensed by the Bahamas Securities Commission (Bahamas SCB), directed at the international clientele.

International regulation: The FxPro Global Markets Ltd entity will be the counterparty for the international clientele. This entity is registered in the Bahamas as a financial company dealing in securities as principal & agent and licensed by the Securities Commission of the Bahamas under licence number SIA-F184. FxPro international website is www.fxpro.com.

European regulation: FxPro Financial Services Ltd, with address at 1 Karyatidon, CY-4180 Ypsonas, Limassol is a financial services company registered as a Cypriot Investment Firm (CIF) under number 181344. FxPro Financial Services Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) with licence number 078/07. The CySEC licence allows FxPro Financial Services Ltd to offer online financial services in Europe according to the guidelines set out on the MiFID rules.

UK regulation: FxPro UK Limited is a financial services company registered in England and Wales under number 06925128. This entity has a registered office 13-14 Basinghall Street, City of London, EC2V 5BQ, United Kingdom, and is authorised and regulated by the UK’s Financial Conduct Authority (FCA) with reference number 509956.

South Africa regulation: FxPro Financial Services Limited, registered in South Africa with company number HE181344 and sharing the registered address of the Cyprus entity, is authorized and regulated by South Africa's Financial Sector Conduct Authority (FSCA) with a financial services provider licence, number 45052. Currently, no live accounts can be registered with this entity.

Client Money Protection

FxPro complies with the highest standards regarding client money protection. Therefore, the broker client’s funds are kept in top-tier international banks, such as the Barclays Bank, the RBS and the Emirates NBD, in segregated accounts.

FxPro also complies with the client money handling rules and employs strict policies and procedures regarding the maintenance and operation of these accounts. FxPro holds the client's money separately from the company funds and does not use these funds for any company operational expenses or purposes.

Deposit Compensation

FxPro Financial Services Ltd is a member of the Cyprus CySEC Investor Compensation Fund (ICF). The ICF is an investor compensation fund for retail clients of CIF registered financial firms, and its functions are regulated by the directive DI87-07 of the CySEC. If FxPro Financial Services Ltd is unable to meet its obligations, retail clients might be entitled to compensation to the value of up €20,000 per claim, irrespective of the number of accounts held, currency and place of the offering of the investment service (within Europe).

The FxPro UK Limited entity is a member of the UK’s Financial Services Compensation Scheme (FSCS), an independent compensation fund of last resort for retail customers of authorised UK financial services firms. In the unlikely event that FxPro UK Limited is unable to pay claims against it, or if the firm has stopped trading, or has declared default, retail clients might be entitled to compensation to the value of up to £85,000 per claim.

Negative Balance Protection

For accounts opened with any entity of the FxPro Group, there is a default Negative Balance Protection mechanism in place for retail traders, protecting traders from losses bigger than the original deposit, in case of extreme market volatility.

FxPro Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  MT4 cTrader MT5 EDGE / MT4 Market Spread Betting
ForexMajors $4.00 Per Lot,
Others $6.00 Per Lot
Majors $3.00 Per 100K USD Traded,
Others $4.00 Per 100K USD Traded
10% of the executed spread -Bet spread
FuturesUp to $9.60 Per Lot-Up to$9.60 Per LotUp to $9.60 Per Lot-
Oil / Energies$4.00 Per Lot-$4.00 Per Lot$4.00 Per Lot-
Metals$4.00 Per Lot$4.00 Per Lot-
Shares / EquitiesUp to $20.00 Per Lot-Up to $20.00 Per Lot-
IndicesUp to $1.60 Per LotUp to $1.60 Per Lot-
Soft commodities (coffee,sugar...)Up to $14.40 Per Lot-Up to $14.40 Per LotUp to $1.60 Per Lot
-
CryptocurrenciesUp to $10.00 Per LotUp to $10.00 Per Lot-
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  MT4
Forex Majors $4.00 Per Lot,
Others $6.00 Per Lot
Futures Up to $9.60 Per Lot
Oil / Energies $4.00 Per Lot
Metals $4.00 Per Lot
Shares / Equities Up to $20.00 Per Lot
Indices Up to $1.60 Per Lot
Soft commodities (coffee,sugar...) Up to $14.40 Per Lot
Cryptocurrencies Up to $10.00 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  cTrader
Forex Majors $4.00 Per Lot,
Others $6.00 Per Lot
Metals $4.00 Per Lot
Indices Up to $1.60 Per Lot
Cryptocurrencies Up to $10.00 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  MT5
Forex Majors $4.00 Per Lot,
Others $6.00 Per Lot
Futures Up to$9.60 Per Lot
Oil / Energies $4.00 Per Lot
Metals $4.00 Per Lot
Indices Up to $1.60 Per Lot
Soft commodities (coffee,sugar...) Up to $14.40 Per Lot
Cryptocurrencies Up to $10.00 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  EDGE / MT4 Market
Forex Majors $3.00 Per 100K USD Traded,
Others $4.00 Per 100K USD Traded
Futures Up to $9.60 Per Lot
Oil / Energies $4.00 Per Lot
Metals $4.00 Per Lot
Shares / Equities Up to $20.00 Per Lot
Indices Up to $1.60 Per Lot
Soft commodities (coffee,sugar...) Up to $1.60 Per Lot
Cryptocurrencies Up to $10.00 Per Lot
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
  Spread Betting
Forex 10% of the executed spread -Bet spread
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

Notes

Rebates are not paid on trades closed using the "Close By" or "Multiple Close By" methods.

Rebates are not paid to residents of Spain, Belgium and Portugal.

What are FxPro rebates?

FxPro rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do FxPro rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much FxPro rebates can I earn?

Use our forex rebate calculator to estimate your FxPro rebate earnings:

You must enter a valid number

Are FxPro rebates a scam; do my spreads increase?

FxPro rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for FxPro rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

FxPro Web traffic

Websites
fxpro.com
Organic monthly visits 292,728 (66%)
Organic traffic rank 70 out of 1760 (Forex Brokers)
Paid monthly visits 151,472 (34%)
Total monthly visits 444,200
Bounce rate 61%
Pages per visit 2.37
Average visit duration 00:01:13

FxPro Profile

Company Name FxPro Financial Services Ltd / FxPro UK Limited / FxPro Global Markets Limited
Categories Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates
Primary Category Forex Brokers
Year Founded 2006
Headquarters United Kingdom
Office Locations Cyprus
Account Currency AUD, CHF, EUR, GBP, JPY, PLN, USD, ZAR
Client funds bank Bank of America, Barclays Bank, Royal Bank of Scotland
Support Languages Arabic, Bulgarian, Chinese, English, Dutch, Finnish, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Romanian, Russian, Spanish, Thai, Vietnamese, Czech, Estonian, Swedish, Norwegian, Lithuanian, Croatian, Mongolian, Danish
Funding Methods Bank Wire, Broker to Broker, China Union Pay, Credit/Debit Card, Neteller, PayPal, Skrill
Financial Instruments Futures, Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals, Spread Betting, Soft Commodities (coffee, sugar...)
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread

FxPro is a UK-based CFDs broker offering investors online trading on a full suite of financial instruments, including forex, shares, indices, metals, commodities and cryptocurrencies. Investors can trade the price of over 400 assets, through a selection of traders oriented platforms, including the classic MT4, the next-gen MT5, the advanced cTrader and the FxPro Trading Platform – the broker’s proprietary web platform, and with most platforms available for Windows, macOS, iOS and Android.

Established in 2006, the FxPro Group, through its FxPro brand, offers a winning combination of excellent execution speeds, robust trading platforms, a diversified product range, knowledgeable customer support and great trading tools, including accurate market analysis, giving its clients the confidence to trade.

FxPro is a trusted global CFD and, due to its rapid progression, the broker’s client services are now available in more than 170 countries worldwide and still growing. FxPro offers CFDs trading in several asset classes, providing clients with access to top-tier liquidity and advanced trade execution with no dealing desk intervention.

FxPro multi-language customer support service is available 24 hours, 5 days a week, in 21 languages. FxPro customer services can be contacted via local phone numbers (subject to jurisdictions), call back, email and through the live chat widget present on the broker’s website.

FxPro Asset classes

As a reputable and regulated CFD broker, FxPro chooses carefully the range of tradable assets proposed to clients. Currently, FxPro offers an excellent range of 400+ financial instruments available for trading, including forex, indices, stocks, futures, commodities – both metals and energies, and cryptocurrencies.

FX market: 70+ currency pairs, including all major pairs, some minor and exotic crosses.

Indices: 19 world indices CFDs, including the UK 100 and the US 30.

Stocks: 2,000+ stocks CFDs availabe for trading of top companies and banks, from 30 industries and 8 countries and listed on several global exchanges, such as Amazon, Lufthansa, Barclays Bank, Lyft, Uber, Puma, Zoom and Novartis.

Futures: 24 CFDs futures contracts of several financial instruments, including indices, soft commodities and energy.

Commodities: 10 commodities CFDs available for trading; 7 metals – including Gold and Silver versus the USD, and 3 energies – UK Oil, US Oil and Nat Gas.

Cryptocurrencies: 18 cryptocurrencies CFDs crosses available for trading, including Bitcoin, Ripple, and Ethereum. Litecoin and Doge versus the USD*.

*Please note that cryptocurrencies CFDs – or any crypto-related products – are not offered to clients opening a live account with FxPro UK Ltd, as per the UK’s FCA regulations.

FxPro Account types

  MT4 cTrader MT5 EDGE / MT4 Market Spread Betting
Commission-$45.00 Per Side Per 1 Million USD Traded-
Maximum leverage200:130:1
Mobile PlatformMT4 MobilecTrader MobileMT5 MobileMT4 Mobile, ProprietaryFxPro Edge
Trading PlatformMT4, WebTradercTrader, WebTraderMT5, WebTraderMT4, ProprietaryWebTrader
Spread TypeFixed Spread , Variable SpreadVariable Spread
Minimum Deposit100
Minimum Trade Size0.01
Trailing Stops-
Scalping Allowed-
Hedging Allowed-
Islamic Accounts-
  MT4
Maximum leverage 200:1
Typical Spread 1.71
Trading platform MT4WebTrader
Mobile platform MT4 Mobile
Spread type Fixed Spread Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  cTrader
Commission $45.00 Per Side Per 1 Million USD Traded
Maximum leverage 200:1
Typical Spread 0.37
Trading platform cTraderWebTrader
Mobile platform cTrader Mobile
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  MT5
Maximum leverage 200:1
Typical Spread 1.51
Trading platform MT5WebTrader
Mobile platform MT5 Mobile
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  EDGE / MT4 Market
Maximum leverage 200:1
Typical Spread 1.58
Trading platform MT4Proprietary
Mobile platform MT4 MobileProprietary
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Spread Betting
Maximum leverage 30:1
Typical Spread 0.92
Trading platform WebTrader
Mobile platform FxPro Edge
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01

FxPro simplifies its trading accounts offering with only one account type – this one account will have slight variations, subject to the chosen trading platform when signing up. For live accounts opened with the MT4 and MT5 platforms there are not many differences, only the simple fact that the FxPro MT4 and the FxPro MT5 accounts allow for the trading of crypto CFDs, and the FxPro MT4 Instant doesn’t. Let’s check out each account in more detail.

The FxPro MT4 Instant account is recommended for the investors looking to trade only with the bid and ask prices, without any added commissions. It allows the trading of forex, metals, indices, energies, futures and stocks, with spreads only plus zero commissions. The FxPro MT4 Instant account is also offered with fixed spreads on 7 major FX pairs.

The FxPro MT4 and FxPro MT5 accounts are very similar regarding the specs, and also recommended for the investors looking to trade only with the bid and ask prices, without any added commissions. Similar to the FxPro MT4 Instant allows for trading on the same asset classes, but also on cryptocurrencies CFDs.

The FxPro cTrader account differs from the above accounts, not only for the trading platform used, the cTrader, but mainly for its slightly better pricing. Investors opening a live FxPro cTrader account will have access to fewer markets (compared with the MetaTrader accounts) but are still able to trade forex, metals, indices and energies.

The FxPro cTrader account is proposed with reduced spreads plus a trading commission of $45 per million USD traded (for FX pairs charged upon opening and closing a position). For indices and energies, the spread only, with 0 commissions, pricing is used.

The FxPro Platform account is in all similar to the FxPro MT4/5 accounts, allowing investors to trade the same asset classes of the MetaTrader accounts, with the same pricing structure: variable spreads with zero commissions. The only difference is the trading platform used. Please remember that the FxPro trading platform is available only for mobile devices (iOS and Android) and as a web version.

The broker also offers swap-free accounts for traders of Islamic belief and viable options for money managers looking for multi-account manager’s software, through the FxPro MAM accounts.

Regarding leveraged trading, FxPro maximum leverage ratio is 200:1 for retail clients opening a live account with the entity in the Bahamas, and limited to 30:1 for retail traders opening a trading account with the UK’s FCA and the Cyprus CySEC regulated entities. At the time of writing, it’s impossible to register a live account with the licensed entity in South Africa, thus the leverage limits of the other Group entities apply.

Currently, FxPro trading accounts are available in several base currencies (subject to jurisdiction): AUD, CHF, EUR, GBP, JPY, PLN, USD and ZAR.

FxPro Demo account

With a FxPro demo account traders can compare this CFDs broker to its peers for its product offering and trading conditions. An FxPro demo account can also help novice traders practising with their trading skills in a safe environment, without risking losing real money.

To open an FxPro demo account traders will have to do a bit of work, as the entire process might require around 15 minutes. As the whole procedure might be slightly cumbersome for some traders, we have a small tutorial on the FxPro FAQs section on How to open a FxPro MetaTrader 4 demo account.

The FxPro demo account expires after 180 days but will allow traders to test the excellent range of trading platforms and the broker's pricing on several financial instruments – from forex to cryptocurrencies, without risking any real money. The demo account is 100% risk-free and the funds are virtual, including both winnings and losses.

Register for free and test your trading strategies, open a FxPro demo trading account, with no risk and no obligation, now.

FxPro Pricing

Account/Pricing MT4 MT4 Instant MT5 cTrader EDGE
EUR/USD Spread from 1.6 pip from 1.6 pip from 1.4 pip from 0.2 pip from 1.4 pip
EUR/USD Commission (1 lot) $0 $0 $0 $45 per million USD traded $0
EUR/USD Swap rate
(07-10-2021)
  • Long: -0.486
  • Short: -0.097

Spreads and trading commissions

FxPro pricing and trading costs are not the most competitive in this industry when compared with other players, for investors who prefer to trade with the MetaTrader platforms – MT4 and MT5. The starting spread for the most popular cross, the EUR/USD pair, on the MetaTrader 4 accounts, is 1.6 pip, commission-free and with an average of 1.8 pip (for the MT5 and EDGE accounts is 1.4 pip and 1.6 pip respectively).

And things do not improve with the FxPro cTrader account. The broker competitively prices its cTrader account with a starting spread of 0.2 pip on major crosses, like the EUR/USD (average spread is 0.3 pip), but then charges a high trading commission of $45 per million USD traded – equivalent to $1.40* per 10K traded and $10.40* per 100K traded respectively.

Please note that FxPro charges the trading commission for forex pairs at the opening and closing of a position. *Assuming 1 lot of EUR/USD traded at 1.1558.

Rollover rates

FxPro swap rates, as of 07-10-2021, and for the EUR/USD pair traded on a USD account, stand at -4.86 USD for holding overnight a long position of 1 lot and at -0.97 USD for holding overnight a short position of 1 lot. We consider FxPro rollover rates to be worse when compared with the swap rates offered by other top brokers.

FxPro Deposits / Withdrawals

Deposit fees: Trading accounts can be opened in 8 different currencies and maintained via 6 different funding methods – depending on the contracting entity. Including funding with the traditional methods, cards and bank wires, FxPro also accepts deposits with the most popular e-payment solutions (subject to jurisdiction), such as Neteller, China UnionPay, PayPal and Skrill.

FxPro does not charge any deposit fees and deposited funds via e-payment wallets and cards, are available with minutes.

Minimum deposit: Opening a live trading account with FxPro can be done on the broker’s website, taking on average 15 minutes from registering an account to set up. FxPro minimum deposit requirement for its range of accounts is only 100 USD or the equivalent in other base currencies.

Withdrawal fees: FxPro also waives the withdrawals fees, an ever-popular policy with traders, with processing times varying according to the withdrawal method chosen, but normally, within 1 business day. While FxPro does not charge any withdrawal fees for e-wallet and bank wire transactions, certain e-wallet providers, as well as the sending and correspondent bank, may charge a fee for processing withdrawals according to their fee structure. For more information, please visit the FxPro funding & withdrawals dedicated page.

Inactivity fee: Currently, FxPro charges an inactivity fee of 15 Euro (or the equivalent in other accepted account currencies) after 12 months of inactivity, and 5 Euro/month after.

FxPro Popularity

The FxPro brand enjoys great, undeniably popularity, as it is a well-known broker within the trading community, and within this industry, but also with the general public, due to a powerful and well-oriented advertising budget – more than $100,000,000 invested in key sponsorships.

Those who are fans of the F1, for example, probably saw the FxPro logo on the McLaren F1 racing team cars and drivers’ overalls, and those who are fans of football probably saw their logo on the Aston Villa FC and Fulham FC player's jerseys. That’s right, the FxPro brand is everywhere, on F1 cars, football teams, rally cars, yacht teams, golf players, rugby teams and more.

But the broker isn’t popular with traders just for their huge advertising campaigns. FxPro also provides a safe and reliable trading environment for investors from all over the world. The broker’s in-house spot aggregator and advanced order-matching technology provide traders with access to a deep liquidity pool and ultra-fast trade execution. The average execution time (according to FxPro official statistics) is less than 14ms, provided from an ultra-low latency Equinix Data centre in LD4 London.

Popular trading account: The cTrader account is the popular choice with traders looking to save on FxPro trading costs, with low starting spreads and a commission of $45 per million USD traded.

Trading education

FxPro also gets a few extra popularity points for its decent range of trading education materials, available through the “Tools” tab on its website. FxPro users can find some quality trading tools, including forex calculators, trading courses, multimedia materials, trade ideas and so much more.

FxPro users can also watch and learn with live webinars, participate in events, brush their skills with educational videos, and make informed decisions with FxPro daily and market insights reports.

Research & education materials available on FxPro website
FX Courses - money management, how to trade the markets, etc.
Market Analysis - daily or weekly market reports
Webinars - live, online trading education with experts
WebTV - live video stream of financial news
Trading Videos - trading education videos
Trading eBooks - trading education literature
Trading Strategies - technical analysis strategies
Trading Tools - calculators, economic calendar, etc.
Market Signals - suggested buy/sell entries with TP and SL levels

FxPro Promotions


FxPro FAQs

Can I trade with a FxPro micro account?

Yes, it is possible to trade micro-lots (0.01) with any FxPro account. All the trading accounts offered by FxPro have a minimum trade size of 0.01 lot (micro lot), equivalent to 1,000 currency units.

Within the MetaTrader accounts range (FxPro MT4, FxPro MT4 Instant, FxPro MT5) and the FxPro EDGE account, investors can trade micro-lots on forex, metals, indices, futures, energies and cryptocurrencies (cryptos are not available with the FxPro UK Ltd entity).

With the FxPro cTrader account, investors can trade micro-lots on forex, metals, indices and energies.

Which one is the best FxPro account type?

The best FxPro account type is the cTrader account for traders looking to save on trading costs. The FxPro cTrader allows investors to trade several financial instruments; forex, metals, indices and energies with a minimum position size of 0.01 lot (1,000 currency units). The FxPro cTrader is available as a desktop app for Windows, Web trader, and the FxPro cTrader app is available for Android and iOS mobile devices.

Of all of the FxPro accounts, the cTrader account is the account with better pricing, especially for forex trading, with starting spreads of 0.02 pip on major crosses. We made a quick comparison table with the total cost in pips for buying 1 lot (100,000 currency units) of EUR/USD, on a USD base currency trading account, at the market price of 1.1558 for the 3 main account types offered by the broker:

Account Execution Type Average Spread Trading Commission Total Cost in Pips
FxPro cTrader Market 0.3 $10.40 1.34
FxPro MT5 Market 1.65 $0 1.65
FxPro MT4 Market 1.71 $0 1.71


So, not only the FxPro cTrader account is more competitive, but the cTrader platform also offers better pricing and superior order execution with no dealing desk intervention, providing one of the most innovative trading experiences in the industry.

How to open a FxPro MetaTrader 4 demo account?

Opening a FxPro MetaTrader 4 demo account is not as simple as with the majority of other retail CFDs trading brokers, which usually require very little info from the users to open a demo account. FxPro requires a complete user registration before allowing investors to open a demo account. Let’s see step by step how to open a FxPro MetaTrader 4 demo account.

In the first place, users will need to visit the FxPro MT4 demo account page. On this page, users will have to fill in a form with some basic information – country of residence, name and surname, a valid email address and then choose a password. Please note that to open a demo account, users do not need to upload any verification document(s) to FxPro. After filling in the required info, choose the entity you wish to register an account with and then click the “Register” blue button.

  1. Personal details: on the following screen, which looks like an account dashboard, users will be required to confirm their nationality, DOB and provide a valid phone number. After that, click the “Save And Continue” blue button to go to the next screen.
  2. Residential address: on this screen, users will need to fill in their residential address details, and once more, click the “Save And Continue” blue button to proceed to the following screen.
  3. Employment information: FxPro will require users to fill in their employment information, and again, click “Save And Continue” to go to the next screen.
  4. Financial information: now users will have to provide their financial information, and then click “Save And Continue” to continue.
  5. Trading experience: as a regulated firm, FxPro is required to assess whether leveraged trading is appropriate for the user, and you will be asked to provide your trading experience. Fill in the details and click “Save And Continue”. After that, users will come to a new screen (“Knowledge Scoring”) with a mini leverage trading quiz – choose the answers to the best of your knowledge and click “Save And Continue”.
  6. Trading Account Settings: and now we arrive at the Trading Account Settings screen. Users will be able to choose any of the available FxPro accounts (one from both MT4 accounts, or the MT5, the cTrader or the FxPro EDGE), the desired account currency from AUD to ZAR, and then click the “Save and Continue” button.

Finally, everything is set up with FxPro. Now, on the left panel, the “Accounts” option becomes available. Click here and choose the “Demo Accounts” tab.

Follow the steps to open a new demo account and personalise it to your requirements – choose the account type, the trading platform, the account currency, the leverage ratio, from 1:1 to a maximum of 200:1, and the account balance, from 500 USD to 100,000 USD.

Then click the “Create” button to finish. The account credentials will be sent to the registered email. Please note that the FxPro MetaTrader 4 demo account is not non-expiring, and will be deactivated after 180 days, still, that’s plenty of time for users to test it. Also, the MT4 demo account is limited to a maximum of 70 open positions.

FxPro MT4 demo account disclaimer:

Although demo accounts present real market conditions and prices, please keep in mind that they are simulations and cannot always reasonably reflect all of the market conditions as during highly volatile or illiquid periods (e.g., market openings, news announcements) they may not behave in the same manner as live accounts.
Margin and leverage settings may vary between your demo and live account and you should not expect any success with the demo account to be replicated in your live trading.
For this reason, it is strongly recommended that demo accounts are viewed solely as a learning tool for inexperienced traders or a place for testing new trading strategies.

What is the FxPro minimum deposit?

FxPro minimum initial deposit is 100 USD for all accounts – MT4, MT5, cTrader and EDGE. Please note that if the deposit currency is not in US dollars, then the indicative deposit amount should be converted to the deposit currencies. FxPro also recommends a minimum account balance of 1,000 USD.

As a highly regulated broker, FxPro takes the safety of client funds seriously, and for this reason, all client deposits are fully segregated from the company’s funds and kept in separate bank accounts in major European banks.

In addition, FxPro UK Ltd is a member of the UK’s Financial Services Compensation Scheme (FSCS) and FxPro Financial Services Limited is a member of the Cyprus Investor Compensation Fund (ICF).

FxPro accepts account deposits via bank wire transfers, credit and debit cards, PayPal, Neteller, Skrill and some more methods available subject to jurisdiction.

Clients of the FxPro UK Limited entity may deposit into their trading wallet in USD, EUR, GBP, AUD, CHF, JPY and PLN.

Clients of the FxPro Financial Services Limited entity may deposit in USD, EUR, GBP, AUD, CHF, JPY, PLN and ZAR.

Clients of the FxPro Global Markets Limited entity can deposit in USD, EUR, GBP, CHF, AUD, PLN, ZAR and JPY. This entity and the entity above also accept deposits in RUB, yet funds deposited in RUB will be converted to the currency of the client’s FxPro Wallet (Vault) upon receipt.

FxPro also offers Negative Balance Protection (NBP) for all clients, regardless of their classification and jurisdiction, thus ensuring that traders cannot lose more than their original deposits. FxPro does not charge any fees/commission for account deposits, however, deposits may be subject to fees by the sender’s bank, in the case of bank transfers.

Please note that due to anti-money laundering policies, FxPro only allows withdrawals via the same method used to deposit funds on the trading account.

What are the FxPro withdrawal fees?

FxPro does not charge any fees or commissions on withdrawals (and deposits), however, there might be fees charged from the sending and correspondent bank, if the chosen withdrawal method is by bank transfer.

The minimum withdrawal amount from a FxPro trading account is 100 USD and FxPro’s withdrawal policy is to return the client’s funds to the origin of these funds, and as such, the withdrawal will be returned to the source of the funds' deposit.

The FxPro withdrawal policy is to protect all parties against fraud, and also in compliance with the applicable laws and regulations for the prevention of money laundering.

For more information on the FxPro withdrawal policy under each jurisdiction, the withdrawal processing times and available withdrawal methods, including fees, please visit the FxPro funding/withdrawals web page.

What are the FxPro swap rates?

FxPro swap rates are rollover charges incurred when a trade is kept open overnight, to reflect the cost of funding your trade(s).

The swap is charged, or credited, automatically on any open long or short position at 21:59 (UK time) to the trader’s account and is converted into the base account currency.

FxPro swap rates are calculated and charged once every weekday for a 1-day rollover, except for Friday, when the FxPro swap rates are calculated and charged 3 times to account for the weekend rollover (Friday – Monday).

Depending on the position hold – long or short – clients may either receive or pay a swap rate, thereby having either positive or negative rollover, respectively. It is also possible that some financial instruments may have negative rollover values on both sides as a result of commission being added on top of the overnight interest rate differential of the two currencies.

For updated swap rates charged by FxPro, we recommend the use of the broker’s all-in-one FX calculator where traders can select the currency pair, the account currency, the leverage ratio used and the trade size in currency units – from 1,000 (0.01 micro lot).

FxPro all-in-one FX calculator will display the results not only of the cTrader account trading commission but also the required margin (according to the leverage ratio chosen) to open a trade. The calculator will also display the pip value and the latest FxPro rollover rates, with the swap value for a long position and a short position.

FxPro review - final considerations.

We conclude our FxPro review with the final considerations regarding this CFD broker. FxPro stands out for its popularity and for being a highly regulated broker offering a good range of tradable financial instruments.

Also positively, FxPro offers retail investors the possibility to trade with two highly-regulated entities, one in Cyprus and one in the UK, where existing retail client protection and money safety mechanisms are offered by default – and these two entities are also our recommendation for retail traders.

With FxPro traders are allowed to hedge, scalp, swing or position trade, with no restrictions, via 3 reliable trading platforms; MT4 and MT5, available for desktops running Windows, macOS, and mobile devices running Android and iOS, via the cTrader, as a web version and also available for Windows, Android and iOS and via the FxPro platform, available as a web-browser platform and for mobile devices running iOS and Android.

Overall, the level of safety for retail client’s funds offered by the broker, together with an always welcomed policy of no fees on deposit & withdrawals and a low initial deposit of 100 USD, or the equivalent in other base currencies, position this CFD broker on the top 10 brokers for popularity with traders opening a trading account in 2022.


FxPro Real customer rating

4.4

FxPro reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

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Based on the user reviews from FxPro verified customers, with a live trading account, this broker is recommended for its execution speeds and the overall trading costs of the cTrader account, with lower spreads.

Traders were also very pleased with FxPro deposit and withdrawal processing times, and with the broker’s no fees policy for deposits and withdrawals. Several traders also praised FxPro’s customer support service, classifying it as excellent, and other traders were pleased with the fact of being trading with a well-regulated broker.

Negatively, a few traders reported on the higher than industry average spreads on the MetaTrader 4 accounts and high slippage happening during news and other high-volatility events.

Review sources

For over 10 years we have been one of the top IB brokers for live forex and CFD trading accounts to virtually all of the world's first-class retail brokers. One of our foremost goals is to help traders make informed decisions by publishing unbiased and accurate content, supported by primary sources.

These sources may include information supplied by the broker itself, government data, data available on the broker's corporate website(s), the broker’s analysis from our industry experts, and the opinions of verified traders with a live account. The information on this FxPro review page was also collected from:

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Check the FxPro website at www.fxpro.com for the percentage (%) of retail investor accounts losing money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.