FxPro Review

Min. Deposit: $250
Max. Leverage: 1:200
Trading Platforms: MT4, MT5, cTrader

FxPro is a global forex broker founded in the UK in 2006. Since then, it has built a strong reputation for providing innovative services to retail traders through its popular platform. The London-headquartered company also serves institutional clients from over 170 countries with 24/5 support via email and phone features.

Source: FxPro

This is a highly regulated broker with a long history of operating under the strictest standards. Account opening is fast and easy and offers a wide range of account types. Trading tools are consistent across platforms, low costs and the web platform provides excellent charting functionality. Research tools are well-integrated into the system, with quality educational content available for both beginners and advanced traders alike.

Fx Pro offers accounts with a complete package. There’s a demo account, micro account, and swap-free accounts. Demo accounts mean you can try anything before investing any money. If you decide to invest, live trading brings the benefits of low slippage and trade transparency. With an easy switch between live and demo accounts in the platform, you can start to practice with real-time trading risk-free.

Source: FxPro

Fx Pro’s trading platform

FxPro offers professional forex trading tools that enable users to trade the most popular products on the market. The FxPro platform provides:

  • Advanced financial charting comparison.
  • Research-backed analysis.
  • Social trading capabilities to help traders make better financial decisions.

Traders can access the platform via PC and mobile devices, including smartphones such as iPhone or Android. There is no need to worry about communication barriers with over 22 different languages supported by the FX Pro team.

Fx Pro Forex Trading Tools and indices

FxPro is a full-service forex broker that offers over 260 trading instruments, including more than 70 currency pairs. They provide a comprehensive set of trading tools and features that make it simple to make your investments work for you. Fx Pro provides over 10,000 trading conditions to trade on indices and stocks, which you can use with their currency pair strategies for even more exposure. This is perfect for forex traders who are looking for simplicity in their trading.

Source: FxPro

Fx Pro’s order types and spreads 

Compared to what other forex brokers charge for their services, the Fx Pro forex broker market spreads are enormous. This is due to FX Pro’s ability to use a simple trading model that explains the type of spread charged and the type sold (i.e., low, high basis, or mid-way between these two).

Their model may not fully reflect everything that can happen in the real world of markets, but it can help you make sense of what you see in the spot currency market.

Source: FxPro

You can open an MT4 or MT5 trading account with Fx Pro and use the same credentials to trade on a Markets account. Forex spreads start at 0.3 pips and go up to 1.4 pips. The Markets account also has a standard commission of $45 per million USD traded.

Fx Pro’s Fees

Traders incur a small mark-up on the spread when taking a position with FxPro. However, the appeal here is that they don’t charge withdrawal fees or deposit fees. Additionally, you only need a minimum deposit of 100 GBP/USD to open an account. FxPro offers retail firms unlimited access to its platform, which is fantastic for retail traders.