Overview
FxPro is an STP and no-dealing-desk CFD broker founded in 1999. The broker gives access to more than 2,100 CFD assets through MetaTrader 4, MetaTrader 5, cTrader, TradingView, the FxPro Trading Platform, and the FxPro App. The product range covers forex pairs, commodities, indices, futures, stocks, ETFs, energy, metals, and crypto CFDs.
The minimum deposit is $100 and the maximum leverage listed for some accounts is up to 1:500. Retail leverage is lower under stricter rules. For example, retail clients under UK and EU rules are capped at 1:30 on major forex pairs.
Pros
- More than 2,100 CFD assets across several markets
- MetaTrader 4, MetaTrader 5, cTrader, TradingView, a proprietary web platform, Android app, and iOS app are available
- Copy trading and social trading are supported
Cons
- Retail leverage is limited to 1:30 for major forex pairs under UK and EU rules
- An inactivity fee is charged
- Commission applies on cTrader and Raw+ pricing for forex and spot metals
- Card withdrawals can take up to 10 business days
FxPro Rating
- Trust and Safety
- Fees and Commissions
- Deposits and Withdrawals
- Tradable Instruments
- Trading Platforms and Tools
- Account Opening
- Customer Support
- Market Research
- Learn
- Bonuses and Promotions
- 1 Star
- 2 Star
- 3 Star
- 4 Star
- 5 Star
How we test Brokers ?
Trust and Safety
FxPro is regulated by FCA, CySEC, SCB, and FSCA. Key licences include FCA registration number 509956, CySEC licence number 078/07, SCB licence number SIA-F184, and FSCA authorization number 45052. FxPro UK Limited is also connected with company number 06925128.
Client funds are segregated from company operating funds and held in separate bank accounts. FxPro also provides negative balance protection, so clients cannot lose more than their total deposits under the client agreement. The financial reports are audited by PwC.
Investor compensation depends on the entity. Eligible retail clients under the UK entity can have FSCS protection up to £85,000. Eligible clients under the Cyprus entity can have ICF protection up to €20,000. Traders should always confirm the exact entity during registration because regulation, leverage, compensation, and promotions differ by jurisdiction.
Fees and Commissions
Spreads
FxPro uses floating spreads. The average spread for EUR/USD is 0.46 pips and the average spread for GBP/USD is 0.6 pips. Standard accounts use marked-up spreads with no separate commission. Elite, Raw+ and cTrader accounts use tighter spreads with commission on forex and spot metals.
Commission
Commission applies on cTrader, Elite, and Raw+ style pricing for forex and spot metals. FxPro charges $35 per $1 million traded on cTrader. Raw+ and Elite pricing charge a maximum commission of $3.50 per lot per side. Standard MT4 and MT5 accounts are commission-free on forex because the trading cost is included in the spread.
Overnight Swap Fees
Swap fees apply when a leveraged position stays open overnight. FxPro applies swaps at 21:59 UK time. For forex and metals, a triple swap is charged on Wednesday. For other instruments, the weekend adjustment is charged on Friday. Crypto swaps use a 20% annual charge formula on both long and short positions.
Currency Conversion Fee
A currency conversion cost applies when the deposit currency, wallet currency, account currency, or trading instrument currency is different. To reduce this cost, traders should keep the FxPro Wallet and trading account in the same currency when possible.
Inactivity Fee
FxPro charges an inactivity fee of $5 per month after 6 months of inactivity. This is a non-trading fee, so it matters most for traders who open an account and then stop trading.
Deposit Fees
FxPro does not charge a deposit fee. Banks, card issuers, and payment providers can charge their own fees. Currency conversion also applies when the funding currency differs from the FxPro Wallet or trading account currency.
Withdrawal Fees
FxPro does not charge a withdrawal fee. Third-party fees can still apply, especially on bank transfers. For e-wallet withdrawals, a fee can apply when the client has not traded.
Deposits and Withdrawals
Deposit Methods
FxPro deposit methods include Wire Transfer, Visa, Mastercard, Maestro, SEPA, PayPal, Skrill, Neteller, Wise, Revolut, and crypto. Local banking options are also available in selected countries and jurisdictions.
Withdrawal Methods
FxPro withdrawal methods include Wire Transfer, Visa, Mastercard, Maestro, PayPal, Skrill, Neteller, and crypto. FxPro follows a return-to-source withdrawal policy. Recent card deposits are refunded back to the card first. PayPal and Skrill deposits also need to be refunded before profit withdrawals are sent by bank wire or another eligible method.
Deposit Processing Time
Card and e-wallet deposits are usually processed in about 10 minutes. Local bank transfers usually take 1 business day. International bank wire transfers take 3 to 5 business days.
Withdrawal Processing Time
FxPro processes withdrawal requests within 1 working day. E-wallet withdrawals usually take 1 business day. Local bank transfers take 1 to 2 business days. International bank wire withdrawals take 3 to 5 business days. Card withdrawals can take up to 10 business days.
Deposit Methods:
Withdrawal Methods:
Tradable Instruments
Forex Pairs
FxPro offers forex CFDs on major, minor, and other currency pairs. Forex is the main market for many FxPro account types. Major forex pairs have retail leverage up to 1:30 under UK and EU rules. Professional and offshore account settings can offer higher leverage, with leverage up to 1:500 for certain forex and gold conditions.
Commodities and Metals
FxPro offers CFDs on metals and energy markets. Gold, silver, platinum, palladium, spot base metals, and energy products are available. Retail leverage under EU-style rules is lower than forex. Gold and gold futures are listed at up to 1:20 for retail clients, while silver, platinum, palladium, base metals, and spot energy are listed at up to 1:10.
Indices
FxPro offers spot and futures CFDs on major and minor stock indices. Retail leverage is up to 1:20 for spot major indices and futures major indices. Spot minor indices and futures minor indices are up to 1:10 for retail clients.
Futures
FxPro futures CFDs cover markets such as index futures, energy futures, commodity futures, and gold futures. Futures contracts do not have swap charges, which is useful for traders who hold positions for more than one trading day.
Stocks
FxPro offers stock CFDs from the United States, United Kingdom, and Europe. These are CFDs, so traders do not own the underlying shares. Stock CFDs allow both buy and sell positions. Retail leverage on shares is up to 1:5 under EU-style rules.
ETFs
FxPro offers ETF CFDs across asset groups such as bonds, commodities, currencies, equities, real estate, and volatility. ETF CFDs also use retail leverage of up to 1:5 under EU-style rules.
Crypto CFDs
FxPro offers crypto CFDs. Retail leverage on crypto CFDs is listed at up to 1:2 under EU-style rules. Crypto swaps are calculated using a 20% annual formula on both long and short positions.
Trading Platforms and Tools
5/5
MetaTrader 4
MetaTrader 4 is available for FxPro clients who want a familiar forex platform with Expert Advisors, custom indicators, chart trading, and automated strategies. MT4 supports hedging and is available on desktop and mobile.
MetaTrader 5
MetaTrader 5 gives access to a wider platform setup with more order and market features than MT4. FxPro MT5 accounts can use netting or hedging, depending on account settings. MT5 also supports Expert Advisors and advanced order management.
cTrader
cTrader is a strong fit for active traders who want market depth, fast order entry, advanced charting, cBots, and C#-based automation. FxPro cTrader has 55+ preinstalled technical indicators, 6 chart types, 28 timeframes, full depth of market, one-click trading, detachable charts, and Trading Central targets.
FxPro Trading Platform
The proprietary FxPro Trading Platform is available through web and mobile. It supports access to MT4 and MT5 accounts from a browser, custom layouts, trading widgets, dark and light themes, 50+ technical indicators and charting tools, 6 chart types, and 15 timeframes.
FxPro App
The FxPro App is available on Android and iOS. It combines account management, deposits, withdrawals, TradingView charting, economic events, alerts, and trading access. It has a 4.7 rating and more than 15 million downloads.
TradingView
FxPro supports TradingView connection for cTrader accounts. TradingView adds web and mobile charting, custom alerts, multi-timeframe analysis, Bar Replay, and access to 100,000+ public indicators created by the TradingView community.
Copy Trading and Social Trading
FxPro supports copy trading mainly through cTrader Copy and MetaTrader signals. Traders can review strategy providers, copy trades, follow multiple strategies, and stop copying when needed. This tool is useful for beginners only when risk limits are clear, because copied trades still carry market risk.
API and Algorithmic Trading
FxPro supports algorithmic trading through Expert Advisors on MetaTrader and cBots on cTrader. Institutional and advanced users can access FIX API connectivity through PrimeXM and cTrader connectivity through cBroker API. These tools are suitable for experienced traders who need automated execution or custom integrations.
Account Opening and Fees
Opening Process
The account opening process starts with registration through FxPro Direct or the FxPro App. A trader enters personal details, selects a platform, chooses the account base currency, and creates a live or demo account. FxPro supports base currencies including USD, EUR, GBP, CHF, JPY, PLN, AUD, and ZAR. Some regions also support NGN, VND, THB, MYR, and IDR.
Live accounts require KYC verification. FxPro asks for a valid passport, national ID card, or driver's licence. A proof of residence document, such as a utility bill or bank statement issued within the last 6 months, can also be required. Verification is part of normal anti-money-laundering checks before funding, trading, and withdrawal access.
Standard Account
The Standard account is a simple spread-based option. It is available on MT4 and MT5. This account is suitable for traders who prefer no separate forex commission and want familiar MetaTrader tools. FxPro lists floating FX spreads from 1.2 pips on this account type, with micro-lot trading from 0.01 lot.
Raw+ Account
The Raw+ account is built for traders who want lower spreads with a separate commission. FxPro lists zero spreads for more than 90% of the trading day on Raw+ and a maximum commission of $3.50 per lot per side on MT4 and MT5. This account type fits active traders who focus on forex and spot metals.
Elite Account
The Elite account is designed for higher-volume traders. It uses Raw+ style pricing and adds VIP-style conditions for eligible clients. VIP clients who fund $50,000 can receive up to a 30% discount on spreads or commissions and free VPS access. The normal VPS cost is $30 per month.
cTrader Account
The cTrader account gives access to the cTrader platform. It uses low spreads and commission-based pricing. cTrader spreads start from 0.2 pips and the commission is $35 per $1 million traded on forex and spot metals. The cTrader platform supports full market depth, cBots, advanced charting, and one-click trading.
Customer Support
FxPro customer support is available 24/5. Support channels include Live Chat, WhatsApp, Telegram, Messenger, email, and phone. The email address is [email protected], and the phone number is +44 (0) 20 7776 9720.
Support response times are suitable for active traders. The average response time for live chat is under 30 seconds, phone support is about 1 minute, email support is 1 to 3 hours, and callback support is 30 to 60 minutes. Support languages include English, Spanish, French, German, Portuguese, Russian, Arabic, Chinese, Japanese, Korean, Polish, Hungarian, Thai, Vietnamese, Indonesian, Malay, Swedish, Greek, Czech, Romanian, Turkish, Slovak, Dutch, Hebrew, Mongolian, Farsi, Tajik, and Uzbek.
Market Research
FxPro provides several research tools for market analysis. These include real-time audio and news feed, automated technical analysis, Trading Central, strategic analysis, expert insights, market news, an economic calendar, an earnings calendar, and market holidays.
For a beginner, the economic calendar and Trading Central tools are the most useful starting points. The calendar helps traders prepare for interest rate decisions, inflation data, employment reports, and other events that move forex and CFD markets. Trading Central helps with technical levels, chart targets, and trade ideas, but traders should still check risk, spread, and market conditions before entering a position.
Learn
FxPro offers education through video tutorials, blogs, webinars, events, guides, articles, trading courses, a trader's glossary, technical analysis lessons, fundamental analysis lessons, trader psychology material, and CME Group education. The education section is beginner-friendly because many topics are organized as short lessons and interactive cards.
The demo account adds practical training value. A beginner can test order types, margin, leverage, stop loss, take profit, platform layout, and trading costs with virtual funds before using real money.
Bonuses and Promotions
Deposit Bonus
FxPro has offered a 100% deposit bonus during specific promotional periods. The bonus can reach up to $5,000. This type of bonus works as trading credit for margin support and is generally not withdrawable as cash. The exact rules depend on the active promotion and the client jurisdiction.
No-Deposit Bonus
FxPro does not offer a no-deposit bonus. Traders looking for bonus credit need to check active promotions inside their account area rather than expecting a permanent no-deposit offer.
Welcome Bonus
FxPro does not offer a standard welcome bonus. The broker focuses more on account pricing, platform access, rebates, and occasional campaigns than a permanent welcome bonus.
Affiliate Program
FxPro Partners allows affiliates and introducers to earn from referred clients. The affiliate model offers up to $1,100 CPA per qualifying client. The introducer model offers up to 55% of spread revenue. FxPro also lists $3 million paid to partners per month, 1,567 partners, $280,000 as a top partner payout per month, and $3,000 as an average partner payout per month.
Loyalty Program
FxPro has a tiered membership program with monthly cash rebates. Silver members receive 5%, Gold members receive 10%, and Platinum members receive 15%. Rebates apply to eligible spread-based and commission-based accounts. Eligible trades need to stay open for at least 5 minutes, and rewards are usually credited to the wallet by the 30th day of the following month.
Trading Contests
FxPro periodically offers trading contests, often through demo competitions. Prize pools have included amounts such as $3,000. These contests are limited-time events, and eligibility depends on the campaign terms and the trader's country.
Final Verdict
FxPro is a strong broker for traders who want platform choice, CFD market access, and flexible execution tools. The broker works well for intermediate and advanced traders because it supports MT4, MT5, cTrader, TradingView, copy trading, automated trading, API access, scalping, hedging, and news trading.
Beginners can still use FxPro, especially through the Standard account and demo account, but they need to understand leverage before opening live trades. The risk is real because CFDs are leveraged products, spreads widen in fast markets, and slippage can be positive or negative.
The cost structure is clear. Standard accounts use spreads with no separate forex commission. Raw+, Elite, and cTrader accounts suit active traders who accept commission in exchange for tighter spreads. The main non-trading costs to watch are the $5 monthly inactivity fee after 6 months, currency conversion, third-party payment charges, and the $30 monthly VPS fee unless the client qualifies for free VPS access.
FAQ
Is FxPro good for beginners?
FxPro can work for beginners who start with the demo account, use small trade sizes, and choose the Standard account. The platform range is broad, so beginners should focus first on one platform, such as MT4 or the FxPro App, before using advanced tools.
What is the maximum leverage at FxPro?
The maximum leverage is up to 1:500 for some account conditions. Retail clients under UK and EU rules are capped at 1:30 on major forex pairs. Leverage depends on the client entity, instrument, account type, and client status.
Does FxPro charge commission?
FxPro charges commission on cTrader, Elite, and Raw+ pricing for forex and spot metals. cTrader commission is $35 per $1 million traded. Raw+ and Elite commission is $3.50 per lot per side. Standard MT4 and MT5 accounts are spread-based and have no separate forex commission.
How long do FxPro withdrawals take?
Withdrawal requests are processed within 1 business day. E-wallet withdrawals usually take 1 business day, local bank transfers take 1 to 2 business days, international bank wires take 3 to 5 business days, and card withdrawals can take up to 10 business days.
Amelia Benedetti
Amelia Benedetti is a forex broker reviewer focused on clear, practical evaluations of online trading platforms. She analyzes broker fees, regulation, account types, trading tools, execution quality, and user experience to help traders compare providers more confidently. Her reviews emphasize transparency, platform reliability, usability, and trader protection, offering balanced insights for both beginners and experienced traders.