FxPro Global Broker Review

FxPro is a well-established online broker with a strong reputation in the industry. They've been around since 2006.

One of the key features of FxPro is their extensive range of trading instruments, including over 500 CFDs and 70 currency pairs.

FxPro is regulated by top-tier regulatory bodies, including the UK's FCA, the Cyprus Securities and Exchange Commission (CySEC), and the South Africa's FSB.

FxPro is a well-established online broker that has been in operation since 2006. They offer a wide range of financial instruments, including currencies, commodities, indices, and cryptocurrencies.

FxPro has a strong presence in the financial markets, with over 1.5 million clients worldwide. Their head office is located in Cyprus, with additional offices in the UK, Australia, and South Africa.

FxPro is regulated by top-tier regulatory bodies, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA). This ensures that they adhere to strict standards of conduct and investor protection.

FxPro offers a user-friendly trading platform, MetaTrader, which is available in multiple languages and can be accessed via desktop, web, or mobile devices. This platform provides advanced trading tools and features, including technical indicators, expert advisors, and automated trading.

FxPro offers a wide range of account types, including the Classic, Gold, and VIP accounts, each with its own set of features and benefits. These accounts cater to different trading needs and preferences.

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FxPro takes its regulatory obligations seriously, ensuring a high level of security and transparency for its clients. The company is licensed and fully regulated by the Financial Conduct Authority in the United Kingdom.

FxPro UK Limited, a wholly owned subsidiary of FxPro Group Ltd, was formerly an introducer for its parent company but updated its FCA license in June 2012 to accept UK clients. This change allowed the company to provide brokerage services and hold client funds.

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FxPro is regulated by several reputable financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the South African Financial Services Board (FSB). CySEC provides regulatory oversight to ensure the protection of client interests within the European Union.

FxPro received approval from the South African Financial Services Board (FSB) in 2015, ensuring that the company complies with local financial regulations and standards. This approval adds to the company's credibility and enhances the safety and integrity of the trading environment.

FxPro's regulatory compliance is further enhanced by its license from the Securities Commission of The Bahamas (SCB), which adds an additional layer of oversight. This ensures that FxPro adheres to strict regulatory standards, providing traders with peace of mind.

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FxPro has a solid reputation and is regulated in the United Kingdom, which is considered a safer jurisdiction than some EU regulators.

FxPro boasts one of the highest counterparty credit ratings in the industry, scoring 96 on a 100-point scale, indicating a lower risk of default or bankruptcy. This is a significant advantage for traders looking for a reliable broker.

FxPro participates in the Financial Services Compensation Scheme (FSCS), which provides clients with protection in case the broker becomes insolvent. This adds an extra layer of security for traders.

FxPro implements robust measures to prevent fraud and unauthorized access, including advanced encryption technology and rigorous identity verification processes. This ensures that clients' personal information and funds are safeguarded from malicious activities.

FxPro utilizes segregated accounts, keeping traders' funds separate from the broker's operational funds. This minimizes the risk of commingling and misappropriation, enhancing the safety of clients' investments.

FxPro offers negative balance protection, ensuring that clients cannot lose more than their account balance. This feature is crucial for protecting traders from significant market volatility.

FxPro operates under the oversight of prominent regulatory authorities, giving clients peace of mind when trading.

The broker's commitment to trustworthiness is evident in its participation in the Financial Services Compensation Scheme (FSCS), which allows clients to claim compensation in the event FxPro were to become insolvent.

FxPro has one of the highest counterparty credit ratings in the industry, scoring 96 on a 100-point scale, where a high score indicates a lower risk of default or bankruptcy.

The broker implements robust measures to prevent fraud and unauthorized access, employing advanced encryption technology and rigorous identity verification processes.

FxPro utilizes segregated accounts, keeping traders' funds separate from the broker's operational funds, minimizing the risk of commingling and misappropriation.

Here's a breakdown of FxPro's regulatory status:

FxPro maintains client funds in top-tier banks, ensuring a high level of security and reliability.

FxPro doesn't generally charge withdrawal fees, which is a relief for traders who want to access their funds without extra costs.

However, third-party processors may charge associated fees, so it's essential to be aware of these potential additional costs.

FxPro's transparent approach to fees is a testament to their commitment to trust and security.

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FxPro's mobile offering is impressive, with a user-friendly interface on both iOS and Android devices. You can easily customize your watchlists and set up price alerts to stay on top of market movements.

The mobile app also features a streaming news feed, providing real-time updates on major news headlines that can impact markets. This is a great feature for traders who want to stay informed on the go.

FxPro's mobile charting offering is also worth mentioning, allowing traders to choose multiple time frames and add various trading indicators. You can easily trade from the chart, with features like easy trade sizing and directional orders.

The trading platforms are designed with user-friendliness in mind, making it easy for both beginners and experienced traders to navigate and execute trades. This is a big plus for traders who want to focus on their strategy rather than getting bogged down in technical issues.

FxPro offers a range of trading platforms to cater to different trading styles and preferences. From mobile apps to desktop platforms, you can choose the one that suits you best.

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FxPro's research and insights tools are above average for the industry, making it a great choice for traders who want to stay informed.

FxPro offers a macroeconomic calendar to track important releases that can impact markets, giving traders a heads up on potential market movers.

The company also offers some basic daily fundamental research and works with Trading Central to offer technical analysis, providing traders with a solid foundation for making informed decisions.

FxPro's multilingual webinars are available on the company's YouTube channel, making it accessible to a wider range of traders.

Real-time news is also available, with FxPro offering high-quality news that's updated in real-time.

This means that traders can stay up-to-date with the latest market news and trends, even if they don't have an account with FxPro.

FxPro's research tools are available to all traders, regardless of their account status, making it a great resource for anyone looking to stay informed.

Here are some of the key features of FxPro's research tools:

These tools are a great starting point for traders who want to improve their trading decisions and stay ahead of the market.

FxPro's trading fees are relatively straightforward. The company doesn't charge commissions on most trades, but there are a few exceptions.

The FxPro MT4 Raw Spread account charges a $3.50 commission per lot when opening and closing trades. This is a notable exception to the no-commission rule.

FxPro also charges fees based on the spreads and overnight funding rates for CFDs.

FxPro's commission and fees structure is designed to be transparent and competitive. The company doesn't charge commissions on most trades, which is a significant cost savings for clients.

FxPro's lack of a dealing desk allows it to pass on these savings to clients, minimizing risk and costs without interfering with orders. This approach is a major advantage for traders.

The only situations where FxPro charges commissions are for the FxPro MT4 Raw Spread account, which charges $3.50 per lot when opening and closing, and cTrader, which charges $35 per $1 million traded upon opening and closing.

FxPro does not offer any discounts for higher-volume traders on these commission types.

Here's a breakdown of the commission and fees associated with trading on FxPro:

FxPro's transparent pricing policy ensures that clients are aware of all the costs associated with trading on the platform.

FxPro generally does not charge deposit fees, but third-party payment processors might have associated fees.

FxPro may charge an inactivity fee for dormant accounts, but the company does not charge any account maintenance fees.

FxPro doesn't generally charge withdrawal fees, but third-party processors may charge associated fees.

Here's a summary of FxPro's commission and fees:

FxPro's commitment to transparent pricing and competitive fees makes it an attractive option for traders looking to minimize costs and maximize profits.

FxPro offers a vast array of investment products, with over 2,100 instruments available to trade. This includes a wide range of forex pairs, as well as other instruments across five additional asset classes.

The company's diverse investment opportunities cater to various trading styles and interests. FxPro provides access to the commodities market, allowing traders to speculate on the price movements of raw materials such as gold, oil, and agricultural goods.

You can trade various currency pairs, including major, minor, and exotic pairs, with FxPro. This is a great option for forex traders of all levels, from beginners to experienced professionals.

FxPro also offers the opportunity to trade various crypto pairs, including popular options like Bitcoin, Ethereum, and more. This is a great way to access the exciting world of cryptocurrencies.

Here's a breakdown of the trading instruments available through FxPro:

FxPro also facilitates trading in both CFD and spread betting, although spread betting is only available to U.K. clients.

FxPro is a top choice for forex and CFD traders, offering a wide range of trading markets, including forex pairs, equity indices, individual company shares, cryptocurrencies, metals, and energy.

Their platform is user-friendly, making it accessible to traders of all experience levels. This includes both beginners and seasoned investors.

While some trades are commission-free, be aware that commissions are charged when using their cTrader automated platform.

FxPro's commitment to user-centric features, a variety of account types, and innovative tools position it as a suitable option for a diverse range of traders.

The broker's focus on user satisfaction and commitment to transparency make it a noteworthy broker to consider in your trading journey.

FxPro offers a range of trading platforms to suit different needs and preferences, including MetaTrader 4, MetaTrader 5, cTrader, and FxPro Edge, available on desktop, browser, and mobile versions.

These platforms provide users with the flexibility to trade from anywhere, at any time. The FxPro App is also available for download, offering a convenient way to access trading tools and features on-the-go.

FxPro's platforms cater to various trading styles and strategies, with cTrader being a standout choice for its advanced features and user-friendly interface. The platform's flexibility and customization options make it an ideal choice for traders of all levels.

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Desktop Apps are a great way to trade with FxPro. They offer support for popular MetaTrader platforms – MT4 and MT5 – for desktop trading.

These platforms are available on multiple operating systems, including Windows and Mac. You can trade on your desktop with ease, using advanced charting and technical analysis tools.

FxPro's desktop platforms also offer automated trading capabilities, giving you more freedom to manage your trades. With access to a wide range of trading instruments, you can diversify your portfolio and stay on top of market trends.

Here are the desktop platforms supported by FxPro:

FxPro offers a range of cutting-edge trading platforms to suit your needs.

You can choose from MetaTrader 4, MetaTrader 5, cTrader, or FxPro Edge, all available on desktop, browser, and mobile versions. The FxPro App is also exclusive to their platform.

cTrader is a popular choice, especially for those with a Mac or PC, thanks to its intuitive and customizable interface.

The platform's sleek design makes it easy to navigate, allowing you to manage trades and analyze markets with ease.

cTrader is perfect for both beginners and experienced traders, offering a user-friendly experience that's hard to beat.

FxPro offers a diverse range of markets to trade in, including commodities, currencies, shares, indices, metals, energies, cryptocurrencies, and futures.

You can trade major, minor, and exotic currency pairs with competitive spreads and deep liquidity. This is perfect for forex traders of all levels.

Forex is just one of the many markets you can access through FxPro. You can also trade shares from global markets, including leading companies listed on major exchanges.

Trading in commodities like gold, silver, crude oil, and natural gas can help you diversify your portfolio and hedge against inflation.

FxPro also offers trading in other metals like platinum and palladium, catering to traders interested in precious metals markets.

If you're interested in trading in energy commodities, you can do so with FxPro, enabling participation in energy market fluctuations.

The cryptocurrency market is also available, with offerings such as Bitcoin, Ethereum, Litecoin, and Ripple.

Trading futures contracts on various underlying assets provides exposure to different asset classes and trading strategies.

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Here's a breakdown of the markets you can access through FxPro: