FxPro Forex Broker Review: Trading Platforms, Conditions, Feedback, and Fees (2024)

FxPro, established in 2006, has gained recognition among traders worldwide. With over 5 million users across 170 countries, the company enjoys widespread trust. Its partnerships with leading financial institutions such as Barclays, RBS, and Citi Bank, along with collaborations with global brands and sports organizations like McLaren F1 and Aston Villa, underscore its stability and credibility.

What makes FxPro stand out? It's not just about marketing claims—many traders appreciate the platform's user-friendly interface and the extensive range of trading instruments. Transparency and secure operations have become pillars of client trust. Additionally, FxPro offers multiple trading platforms, including popular options like MT4, MT5, and cTrader, ensuring a suitable choice for every trader's needs.

FxPro provides access to over 2,100 trading assets, ranging from currency pairs to stocks and cryptocurrencies. For beginners, the platform offers significant advantages, including demo accounts that allow risk-free learning and an educational system designed to accelerate skill acquisition. In essence, FxPro provides everything needed for a strong start in trading.

Is FxPro the right choice for you? Consider this: convenience, reputation, and experience make this platform suitable for both novices and professionals. Just as reliable tools are essential in trading, selecting the right broker is a crucial step toward success. FxPro consistently earns high ratings for its services, making it an excellent choice for those seeking a combination of quality and reliability.

Official FxPro Broker Website

Table of Contents

• Registering with FxPro Forex Broker — A Quick Start Guide
• Verifying Your FxPro Account — Step-by-Step Instructions
• FxPro Forex Broker Pros and Cons — An Honest Review
• FxPro's Reliability — Regulation and Licenses
• FxPro Trading Platforms — Which One to Choose for Success?
• FxPro Account Types and Trading Instruments — A Comprehensive Overview
• What Accounts Does FxPro Offer? — Comparing Features
• FxPro Trading Instruments — Currency Pairs, Stocks, Cryptocurrencies, and More
• PAMM Accounts on FxPro — Earning Through Capital Management
• How to Open an Account on FxPro — A Step-by-Step Guide for Traders
• FxPro Transaction Fees — Complete Details
• FxPro Deposit and Withdrawal Methods — Fast and Secure Options
• How to Deposit Funds with FxPro — Available Methods
• Withdrawing Funds from FxPro — Safe and Convenient Options
• Analytics and Education on FxPro — Useful Tools for Traders
• Trading Central — Daily Asset Analysis for FxPro Traders
• FxPro on Mobile Devices — Apps for iOS and Android
• FxPro Forex Broker Affiliate Program — How to Earn Passive Income
• FxPro Forex Broker Contact Information
• Frequently Asked Questions about FxPro — All You Need to Know
• Conclusion

FxPro Forex Broker Registration — A Simple Start to Trading

The FxPro registration process is designed to be as user-friendly as possible. Simply visit the official website at https://fxpro.com, and you can quickly create your account.

How to Register on FxPro: A Step-by-Step Guide

Registration takes just a few minutes. Start by entering your email and creating a secure password. Next, you’ll need to provide personal details, such as your name, surname, and date of birth. Once this step is completed, your account is ready, and you can proceed to explore the platform and set up your first trades.

Account Verification on FxPro — A Crucial Step for Protecting Your Funds

Before you start trading on the FxPro platform, you must complete account verification. This standard procedure ensures the security of your profile and safeguards your funds from unauthorized access.

How to Verify Your Account on FxPro

The verification process consists of two main steps:

• Upload a photo of an identity document (e.g., a passport or driver’s license).
• Take a selfie to confirm your identity.

Once your documents are uploaded, click the "Next" button. Verification is usually quick, taking only a few minutes in most cases.

Why Does Verification Speed Matter?

FxPro strives to make the process as efficient as possible. Some traders report that verification takes just a minute after uploading documents. This allows you to dive straight into trading without unnecessary delays.

For your convenience, the document upload section is located in the top-right corner of your personal dashboard. This thoughtful detail helps avoid confusion.

Why Is Verification on FxPro Important?

Completing verification is not just a mandatory requirement — it’s a way to secure your funds and account access. Without this step, features such as withdrawals may be restricted. Verification gives you peace of mind, knowing your trading is safe and reliable.

Is it worth delaying this important step? The sooner you complete verification, the faster you’ll gain access to all the platform’s features.

Pros and Cons of FxPro Forex Broker — An Honest Review

The forex broker FxPro consistently attracts traders with its strong points: security, a wide range of tools, and ease of use. However, it’s essential to examine both the advantages and potential drawbacks to make an informed choice.

Advantages of FxPro

Key advantages of FxPro include:

• Over 2,100 trading instruments across six categories, enabling diverse strategies — from currency pairs to stocks and cryptocurrencies.
• No fees for deposits or withdrawals, which is especially valuable for active capital management.
• Regulation by leading authorities, such as the FCA and CySEC, ensuring transparency and reliability.
• Order execution speed of 13 milliseconds — a significant benefit for trading in fast-moving markets.
• Platform localization in 21 languages, making it accessible to traders worldwide.
• Convenient mobile app providing full market access anytime, anywhere.

Speed, convenience, and security are the three pillars that set FxPro apart from competitors. However, every trader should determine if this platform suits their trading style.

Drawbacks of Trading on FxPro

No broker is perfect, and FxPro also has some downsides:

• No customer support during weekends, which may inconvenience active traders.
• No bonus or promotional programs, which some users might expect based on other brokers’ offerings.
• A $100 minimum deposit, which could be a barrier for beginners with a small starting capital.

That said, many traders feel that the benefits outweigh the drawbacks. For instance, the $100 minimum deposit isn’t particularly high compared to other brokers, and the absence of transaction fees compensates for any initial costs.

FxPro Broker Reliability — Regulation and Licenses

When choosing a broker, it’s vital to consider their regulatory compliance and licensing. FxPro is known for its high reliability, as its operations are regulated by leading financial authorities worldwide. For example, client funds are held in accounts with major banks like Barclays and RBS, ensuring their security.

FxPro Regulators and Licenses

FxPro is regulated by reputable organizations, including:

• FCA (United Kingdom) — Registration No. 509956.
• CySEC (Cyprus) — License No. 078/07.
• SCB (Bahamas) — License No. SIA-F184.
• FSCA (South Africa) — No. 45052.

Fund Protection and Transparency

FxPro adheres to strict standards for client fund protection. These funds are stored separately from corporate accounts, minimizing risks. Multiple licenses confirm compliance with high safety and transparency standards.

FxPro Awards

FxPro has received numerous international awards, highlighting the quality of its services:

• “Most Trusted Broker 2021” — Ultimate Fintech
• “Best Trading Platform 2022”
• “Best Forex Provider 2022”
• “Best Mobile App 2023”

These awards are not just formalities. They reflect the recognition of traders and financial experts, adding credibility to the platform.

Trading Platforms Offered by FxPro — Which One Is Right for You?

The forex broker FxPro provides access to four popular trading platforms, each with unique features. Whether you are a novice or an experienced trader, you can find a platform that perfectly aligns with your trading strategy. Let’s dive into the key characteristics of each platform to help you make an informed choice.

MT4 Trading Platform: A Time-Tested Classic

MT4 is arguably one of the most renowned trading platforms. It offers access to six asset classes, 30 built-in indicators, and powerful analytical tools, earning its reputation as the "gold standard" in trading.

The platform also supports mobile devices, enabling you to monitor the markets anytime, anywhere. However, MT4 has some limitations, such as the lack of a built-in economic calendar and the inability to detach charts. But for those who value its simplicity and reliability, these drawbacks are often negligible.

MT5: A Modern Approach to Trading

MT5 is an upgraded version of MT4, packed with advanced features. It supports over 2,000 CFDs on stocks, offers 21 timeframes, and includes built-in tools for strategy testing. With support for 49 languages, MT5 is a truly versatile platform.

If you require in-depth data analysis or rely on trading robots, MT5 could be an excellent choice. While its interface is more complex than MT4, it remains accessible even to less experienced users.

cTrader: The Platform for Professionals

cTrader stands out with its low commissions, competitive pricing, and lightning-fast order execution without dealing desk intervention. This platform is ideal for those who focus on trading currencies, commodities, and indices. It boasts 55 indicators and 26 timeframes, offering the broadest range of options among FxPro’s platforms.

However, cTrader does have its limitations: it does not support trading in stocks, futures, or cryptocurrencies. Despite this, it remains a powerful and straightforward tool for traditional market trading.

FxPro Platform: A Tailored Solution

The FxPro Platform is the broker’s proprietary solution, designed with traders' needs in mind. It supports six chart types and over 50 indicators. Its user-friendly interface and customizable features make it suitable for traders of all experience levels.

However, it’s worth noting that the FxPro Platform supports only one language and lacks integration with Trading Central, which might be a drawback for traders accustomed to advanced analytical tools.

Each platform offers unique capabilities, so it’s essential to choose the one that best matches your trading goals. Consider what matters most to you: classic simplicity, cutting-edge innovation, or flexibility. In trading, as in life, the right tool can make all the difference.

For a visual comparison of all platforms, refer to the table below:

Account Types and Trading Instruments at FxPro — A Comprehensive Overview

The forex broker FxPro provides access to over 2,100 trading instruments and offers a wide range of account types tailored to different trader categories. Whether you are a beginner or a seasoned investor, FxPro has options to suit your needs, from demo accounts for learning to VIP accounts for high-net-worth individuals. Let’s explore the features of each account type and the instruments available.

For traders with religious restrictions, FxPro offers Islamic swap-free accounts, demonstrating the broker's commitment to catering to diverse client needs and creating a comfortable trading environment for everyone.

Account Types on FxPro — Which One Should You Choose?

FxPro’s accounts vary depending on the platform and the trading conditions offered. Here are the main options:

Accounts for MT4 and FxPro Platforms

The MT4 and FxPro platforms offer three account types: “Raw+,” “Standard,” and “Elite.” These accounts differ in terms of spreads and commissions, allowing traders to choose what best fits their strategy. For instance, “Raw+” provides tight spreads, while “Standard” may appeal to beginners due to its straightforward conditions.

Accounts for cTrader Platform

The cTrader platform features a “Hedging” account, which is particularly attractive to active traders due to its low spreads and a $3.5 commission per lot. This account is ideal for frequent trading in currencies and metals.

Accounts for MT5 Platform

• Hedging — Suitable for stock trading with competitive spreads.
• Hedging Elite — Features minimal commissions and up to 21% cashback on fees.
• Netting — Designed for automated trading systems.
• Netting Elite — Offers near-zero spreads most of the time and additional benefits.

Swap-Free Accounts

For clients adhering to religious principles, FxPro offers swap-free accounts. These accounts exclude interest payments or charges for overnight positions. To open such an account, simply submit a request through your personal dashboard.

VIP Accounts

Clients with balances of $50,000 or more gain access to VIP accounts, which offer benefits such as discounts of up to 30% on market spreads, free VPS access, dedicated support, and invitations to exclusive events.

VPS for Automated Trading

FxPro provides a VPS service for those using automated strategies. A VPS ensures uninterrupted operation of trading systems, which is especially crucial for algorithmic trading. VIP clients receive free VPS access, while others can subscribe for $30 per month.

Joint Accounts

FxPro also offers joint accounts, allowing multiple users to manage a single account. This option is popular among couples or relatives who want to trade together. To open a joint account, both participants must register individual profiles and submit a joint application.

Trading Instruments at FxPro — What’s Available?

The broker offers a broad selection of instruments, including:

• Forex: 71 pairs, including popular ones like EUR/USD and GBP/USD.
• Stocks: Over 1,900 shares of leading global companies.
• Futures: Access to CFDs on commodities, indices, and energy futures.
• Cryptocurrencies: 28 coins, including Bitcoin and Ethereum.
• Metals: Gold, silver, and other precious metals.
• Indices: Global indices, such as the S&P 500 and DAX.

No matter your preferences, FxPro provides tools to execute a wide range of strategies, from short-term trading to long-term investments. The choice is yours, depending on your goals and approach.

PAMM Accounts at FxPro — Professional Capital Management

The PAMM account on the FxPro platform offers a unique opportunity for investors and traders to collaborate in capital management. This model allows investors to allocate their funds to an experienced trader who executes a trading strategy, distributing profits (or losses) proportionally among the participants.

Trades made by the trader on the primary account are automatically mirrored on the investors’ accounts. Investors earn a share of the profits, while the trader receives a percentage of successful trades, creating motivation for effective performance. This approach enables traders to share their expertise, while investors can participate in trading without requiring extensive market knowledge.

Who Can Open a PAMM Account at FxPro?

PAMM accounts at FxPro are designed for professional traders willing to take on the responsibility of managing investors’ capital. To open a PAMM account, the following criteria must be met:

• At least six months of proven successful trading on the live market
• Submission of a partnership form detailing your trading strategy and risk management approach
• A recommended minimum portfolio of $50,000 to demonstrate financial stability
• Interest from investors ready to allocate funds to your PAMM account
• Provision of a Limited Power of Attorney (LPOA) upon registration

These requirements ensure that only prepared participants manage investor funds, maintaining professionalism and accountability.

How to Open a PAMM Account at FxPro?

To open a PAMM account at FxPro, traders should contact the broker via email (parts@fxpro.com) or customer support. The application should include your trading experience, risk management strategy, and any relevant licenses or qualifications in the financial sector.

Tip: If you plan to manage accounts for investors within the EU, you may need a fund management license issued by a European regulator such as CySEC. Contact support for detailed guidance to avoid complications.

Why Do Investors Choose PAMM Accounts?

For investors, a PAMM account at FxPro provides an opportunity to earn trading profits without in-depth market knowledge or dedicating significant time to analysis. By entrusting funds to professional traders, investors can participate in trading while minimizing their risks.

It is crucial to understand that investor returns depend directly on the success of the chosen trader. Therefore, selecting a manager requires thorough analysis of their experience and performance. This transparent approach ensures fairness for all parties involved.

What Makes PAMM Accounts at FxPro Unique?

PAMM accounts at FxPro combine security and simplicity. Traders are incentivized to maximize their strategies' effectiveness since their income is tied to performance. For investors, it’s an opportunity to entrust capital to professionals, avoiding the complexities of independent market analysis.

Commissions, Swaps, and Rollovers on FxPro — Key Insights

The broker FxPro charges commissions only for trading currency pairs and metals on the cTrader platform. The commission is $35 per $1 million of trading volume, automatically converted into your account’s base currency. For convenience, you can use built-in calculators in the client dashboard.

Swaps and Rollovers at FxPro — The Essentials

Swaps (or rollovers) are fees charged for holding open positions overnight, reflecting the cost of maintaining the trade. At FxPro, swaps are calculated daily at 21:59 (GMT), with a three-day charge applied on Fridays to cover the weekend. This is important for long-term traders to consider.

• On MT5, swaps apply to all assets daily.
• Futures contracts are exempt from swaps.
• Swap rates are reviewed weekly, allowing the broker to adjust to market changes.

How to Calculate Swaps?

For currency pairs, the swap is determined by the difference in Tomorrow Next Deposit Rates (TNDR) between the two currencies, plus the broker’s markup. For example, holding a long position in EUR/USD may result in gains or losses depending on the interest rate differential and trade direction.

For Spot Indices and Spot Metals, calculations are based on the TNDR of the base currency and include the broker's commission. Swaps can be positive or negative, depending on market conditions.

Inactive Account Fee

If your account remains inactive for over six months, FxPro charges an administrative fee of $10 per month. If your account balance is insufficient, the fee is capped at the available balance, and the account may be closed if the balance reaches zero.

How to Avoid Inactivity Fees?

The simplest way to avoid this fee is by making periodic trades, even minimal ones. This not only keeps your account active but also helps you stay engaged with the market.

How to Open an Account on FxPro?

Registering with FxPro is a quick process that takes just a few minutes. Follow these steps to open an account and start trading on your terms.

Step 1: Access the “Accounts” Section

Visit FxPro’s official website, navigate to the “Accounts” section, and click “Create New Account.” The interface is intuitive, making it easy to get started.

Step 2: Choose a Platform and Account Type

Select one of the available platforms: MT4, MT5, cTrader, or FxPro Platform, along with the account type: standard, professional, or Islamic. Your choice depends on your trading goals and preferences.

Step 3: Set Up Account Parameters

At this stage, choose your leverage and account currency. FxPro provides flexible settings so you can tailor them to your trading strategies.

Step 4: Complete Registration

After completing the form, you will receive your login credentials via email, allowing you to start trading or explore the platform with a demo account.

Tip for Beginners:

If you’re just starting, consider using a demo account. This will help you familiarize yourself with the platform and test strategies without risking real funds.

Visit FxPro’s Official Website

Deposits and Withdrawals at FxPro — Fast and Secure Methods

Depositing and withdrawing funds on FxPro is designed to be both convenient and secure. However, it’s essential to follow the broker’s guidelines to avoid delays and ensure reliable transactions. Let’s explore the key methods and rules to minimize potential issues when managing your finances.

How to Deposit Funds on FxPro?

FxPro offers various deposit methods, including bank cards, e-wallets, and cryptocurrencies. The minimum deposit amount is $100. The broker does not charge deposit fees, though payment providers may apply their own charges. It’s advisable to check these fees before selecting a method.

To deposit funds, navigate to the “Accounts” section, select the desired account, and click “Deposit.” You will then be prompted to choose a payment method and enter the amount. Cryptocurrency transfers can also be initiated using a QR code.

Most deposits are processed instantly, but in some cases, funds may take 3–5 business days to appear, depending on the payment system used. If the delay exceeds this timeframe, contact customer support for assistance.

How to Withdraw Funds on FxPro?

Withdrawals on FxPro are secure and transparent. However, it’s important to note that funds can only be withdrawn using the same method employed for deposits. This rule helps protect trader accounts from fraud.

To withdraw funds, go to the “Wallet” section and select the withdrawal option. If you deposited funds using multiple methods, withdrawals will be split proportionally across those methods. In some cases, the broker may request an account statement to verify account ownership.

Tips for Traders

• Use only personal cards and wallets — third-party payments are not accepted.
• Double-check the accuracy of your details to avoid delays.
• If you have questions, it’s better to clarify them with support beforehand.

Tools and Analytics on FxPro

Traders on FxPro have access to a wide range of helpful tools and resources. The platform offers educational materials for beginners and advanced analytics for experienced users, enabling effective trade planning and skill improvement.

Educational Materials

FxPro provides articles, video tutorials, and other resources on topics like trading psychology, technical analysis, and risk management. These resources are invaluable for those looking to deepen their knowledge or learn new strategies.

Economic Calendar

The Economic Calendar helps traders track important events, such as macroeconomic data releases or central bank decisions. It’s an essential tool for those trading on news or planning their trades based on market volatility.

Trader’s Calculator

The Trader’s Calculator on FxPro allows precise calculation of margin, commissions, and pip value for each trade. It’s a convenient tool for risk management and position planning.

FxPro Squawk

The FxPro Squawk service delivers real-time economic news in audio format. This helps traders react quickly to market changes without taking their eyes off the charts.

Trading Central

One of the key analytical tools is Trading Central. This service provides ready-to-use trading ideas, technical analysis, and market forecasts. Access to Trading Central is automatically granted after funding your account.

FxPro Mobile App — Convenient Trading on iOS and Android

In today’s fast-paced trading environment, staying connected to the markets anytime and anywhere is crucial. FxPro offers a user-friendly mobile app for iOS and Android devices, enabling traders to manage accounts, analyze charts, and execute trades directly from their smartphones. This solution is ideal for those who value mobility and quick decision-making.

What Does the FxPro Mobile App Offer?

The FxPro mobile app combines functionality and convenience. Here are its key features:

• Interactive charts powered by TradingView for detailed market analysis.
• Account management: deposit funds, withdraw profits, and monitor balances.
• Real-time economic calendar and news for volatility analysis.
• Access to analytical tools directly on your mobile device.

How Is Security Ensured?

The FxPro app prioritizes client data protection. It supports two-factor authentication to reduce the risk of unauthorized access. Biometric authentication methods, such as fingerprint or Face ID, are also available for secure and convenient login.

How to Install the FxPro App?

You can download the FxPro mobile app from the App Store or Google Play. Installation takes just a few minutes, after which you can log into your account and start trading. If you encounter any issues, customer support is available 24/7.

FxPro Affiliate Program — Earn by Referring Clients

The FxPro Affiliate Program allows you to earn additional income by referring new traders to the broker. Whether you have a blog, social media audience, or share financial news, this program can be an excellent way to monetize your activity.

Earning Models in the Affiliate Program

The FxPro Affiliate Program offers two main earning models:

• CPA Share: A fixed payment for each referred client. The amount can go up to $1,100 per trader, depending on the region and client activity.
• Revenue Share: A percentage of the broker’s revenue from each trade made by referred traders. Partners can earn up to 55% of commissions.

These options allow you to choose the earning method that best suits your audience and promotion style.

How to Become an FxPro Affiliate?

To join the affiliate program, register on the FxPro platform and activate affiliate mode:

• After registration, log in to your dashboard and select the “Invite a Friend” option in the top-right corner.
• Activate the “Affiliate Mode” tab to access promotional materials and analytics.
• Obtain unique referral links and start sharing them with your audience.

FxPro affiliates gain access to detailed analytics: you can track how many clients have registered and the revenue each generates. Switching between trader and affiliate modes is seamless in the platform's main menu.

If you’re new to affiliate programs, start simple: share useful information, highlight FxPro’s advantages, and demonstrate how to use the platform effectively. This approach will help attract a genuinely interested audience.

Contact Information for FxPro Forex Broker

If you have questions or issues related to trading or registration, you can reach out to FxPro through several convenient channels. Here are the main contact details:

• Official website: https://fxpro.com
• Email: info@fxpro.com
• Phone (UK): +44 (0) 20 7776 9720
• Address: 13-14 Basinghall Street, City of London, EC2V 5BQ, United Kingdom

The FxPro support team is responsive and ready to assist you with any inquiries, whether it’s about platform functionality, account funding, or technical details. You can also use the live chat feature on the official website for quick solutions to your problems.

Frequently Asked Questions About FxPro

1. Can I trade cryptocurrencies on FxPro?

Yes, FxPro provides access to 28 cryptocurrency pairs, including popular assets like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). Trading is conducted via Contracts for Difference (CFDs), allowing you to use leverage.

2. Does FxPro offer bonuses?

FxPro does not provide bonuses due to adherence to international regulatory guidelines. Instead, the broker focuses on offering competitive conditions, such as low spreads and no deposit or withdrawal fees.

3. What platforms does FxPro support?

FxPro offers popular platforms like MT4, MT5, cTrader, and its proprietary FxPro Platform. Each comes equipped with tools for market analysis and trading.

4. Are demo accounts available?

Yes, demo accounts are available on all platforms. They allow traders to test conditions and refine strategies without financial risks.

5. What leverage is available?

Maximum leverage varies by region and asset type. For European traders, leverage is capped at 1:30, while for other regions, it can go up to 1:500.

6. Does FxPro offer Islamic accounts?

Yes, Islamic accounts comply with Sharia principles and exclude swap charges. These accounts are suitable for clients adhering to religious requirements.

7. Does FxPro have an affiliate program?

Yes, the affiliate program allows you to earn by referring clients. You can choose between CPA or Revenue Share models, earning either per registered user or from their trading activity.

8. What deposit methods are available?

FxPro supports bank transfers, cards, e-wallets (Skrill, Neteller), and cryptocurrencies. All deposits are processed quickly, with no fees charged by the broker.

9. How can I withdraw funds?

Withdrawals are processed using the same methods used for deposits. FxPro does not charge withdrawal fees, but banks or payment systems may apply their own charges.

10. What licenses does FxPro have?

The broker is regulated by authorities such as the FCA (UK), CySEC (Cyprus), FSCA (South Africa), and SCB (Bahamas). This confirms a high level of security and compliance with international standards.

Conclusion

The FxPro broker offers a balanced suite of services for traders of all levels. With its variety of platforms, educational resources, and strict financial regulation, this broker has earned the trust of many. FxPro is recommended for those seeking a reliable partner for trading in financial markets.

Visit FxPro’s Official Website