FxPro Review

FXPro Review
  • Instrument Variety
  • Leverage: (500:1)
  • Scalping: Allowed
  • EURUSD Spread: 1.5
  • Regulation: CySEC, FCA
  • History: Clean, FPA Warning


FXPro is a decent ECN/STP, NDD, CySEC/ FCA – approved, broker. With average spreads hovering at around 1.5p for the EURUSD, which is better than average, clean regulatory history, and 71 different currency pairs, plus CFDs, futures and precious metals (one of the largest number of instruments we’ve seen), it’s a very solid choice.

Free Demo Account Open Real Account

Important Facts

  • Company: FxPro is the trading name of FXPRO UK Limited and FxPro Financial Services Limited. Regulated in the UK and Cyprus respectively.
  • Founded: 2006
  • Payment Options: Credit/Debit Cards, FasaPay, Neteller, PayPal, Moneybookers, Web Money and Wire Transfer.
  • Platforms: MetaTrader 4, cTrader and a Web platform.
  • Accounts Available In: EUR, USD, GBP, JPY, CHF, AUD, PLN
  • Minimum Deposit: $100
  • Regulated: FXPRO UK Limited is regulated in the UK by the FCA. While FxPro Financial Services Limited is regulated in Cyprus by CySEC.
  • Social Trading: FxPro SuperTrader
  • Support Options: Callback, Email, Forum, Live Chat, Office and Phone.


FxPro offers two of the most popular Forex trading platforms currently available, with the brokerage currently offering both MetaTrader 4 from MetaQuotes and the cTrader platform from Spotware.


MetaTrader 4 remains the most popular retail Forex platform despite being released way back in 2005, this lasting popularity is in part down to the advanced features and automated trading support which the platform offers. The MetaTrader 4 platform from FxPro operates just as one would expect and doesn’t place any limitations trading activity with FxPro being a No-Dealing Desk brokerage. MT4 is available in mobile versions, allowing those using various smartphones and tablets the opportunity to trade while on the move.


The cTrader platform is relatively new but is beginning to gain traction with traders who are fond of some its advanced functionality. The platform is built with ECN/STP brokerage firmly in mind and thus offers some of the best Depth of Market functionality available in a retail platform, as well as all the charting functionality you would expect from a top end retail trading platform. The cTrader platform is often considered to be MetaTrader’s closest rival, in part due to the automated trading functionality which the platform boasts. It is possible to write automated trading scripts in the C# language which allows traders to automatically trade the financial markets. Being written in C# means that traders can hire a wide range of programmers and makes the task of converting MT4 & 5 Expert Advisors relatively easy.

FxPro SuperTrader

Social trading is one of the hottest things in the world of trading, with FxPro boasting their own social trading platform. The platform allows for those with little expertise of Forex trading to manage a portfolio of automated trading strategies, giving those not well versed in trading the potential to earn money trading the financial markets. Of course as with all trading this comes with a significant degree of risk, but FxPro has aimed to differentiate their platform from their competitors by keeping tight grip over who can provide signals on the SuperTrader platform. You can find more information about SuperTrader here.

Trading Conditions

  • Leverage: Up to 500:1.
  • Scalping: Allowed.
  • Expert Adviors: Allowed.
  • Trailing Stops: Yes.
  • Typical: EUR/USD spread around 1.5 pips.

FxPro operates is a NDD (No-Dealing Desk) brokerage, which means that the brokerage simply passes all of it’s clients orders onto liquidity providers. This model is preferred by many traders as it ensures that there are no conflicts of interest between the brokerage and it’s clientèle. It also often means that traders enjoy superior spreads and execution. FxPro is very competitive when it comes to spreads with the average spread on the EUR/USD being 1.8 pips. While being competitive there are still a number brokerages which can boast slightly better average spreads than FxPro. However, FxPro offer significant amounts of leverage particularly for an STP brokerage with the firm offering leverage of up to 500:1. While leverage can maximise your winnings, it also amplifies any loses and for this reason should be used with caution. Their are no limitations when it comes to scalping and Overall, the trading conditions at FxPro and will probably appeal to those who are looking for a regulated NDD brokerage.


  • Number of Currency Pairings: 71 Spot FX Currency Pairings
  • Other Instruments: Forex Futures, Share CFD’s and Precious Metals.

FxPro offer an impressive range of currency pairings with it being possible to trade some of the more exotic FX pairings with the firm, for instance the brokerage allows customers to trade Ruble something which is on offer at very few retail brokerages. In addition to, Spot FX pairings the brokerage also offers a range of FX futures something which appeal to sophisticated traders and those who want to hedge positions. Additionally, the brokerage offer a number of Share CFD’s in major global companies again something which will appeal to those who want to speculate on a wider range of markets. As with many other FX brokerages, FxPro also offers clients the ability to trade Spot Metals something which is now expected from most traders. Overall, FxPro offer a decent range of instruments though as the name suggests the focus is primarily on FX trading with the range of Futures and Spot FX pairings being quite impressive.

Customer Service

  • Contact Methods: Callback, Email, Forum, Live Chat, Office and Phone.
  • Phone Numbers: A range of global support numbers.

FxPro offer 24/5 customer service, ensuring that clients can get into contact with the brokerage should a problem arise any time during trading hours. The brokerage also offers support in a number of different international languages ensuring that those who don’t have English as a first language can still get support from the brokerage. The brokerage also offer a number of different routes for customers to get into contact with the firm. The brokerage has a mixed record in regards to customer service, with some reviews highly praising the brokerage with others being more critical, however it appears the brokerage does it’s best to resolve customer complaints and solve any issues that customers may have.


  • Regulated: In Cyprus by CySEC and in the United Kingdom by the FCA.

  • MiFID Regulated: Yes, both arms of FxPro are MiFID Regulated which means they can take on clientèle from any European Economic Area country.

  • Regulatory Record: FxPro have never been on the receiving end of any regulatory action.

FxPro is regulated in two European jurisdictions with the brokerage having both a Cypriot and British regulated subsidiary. This means that the brokerage is able to take on clients from throughout the European Economic Union via MiFID’s outbound passporting rules. With both a FCA and CySEC regulated arm, the majority of traders are likely to pick the UK branch with the FCA being seen as a tougher financial regulator. Previously, the brokerage was also regulated in Australia but gave up it’s ASIC regulation. It was speculated that the brokerage shut Australian operations after new regulations required the firm hold more tangible assets on their books. The brokerage has never been on the receiving end of any regulatory action and has a generally good reputation.

The only exception to the above is ForexPeaceArmy’s warning that the compnay’s trying to bias their reviews. This is what we would call a malpractice, but not something that will make believe there’s any reason to believe this broker is dishonest.

FxPro SuperTrader Progam for Social Trading

FxPro Supertrader

Increasingly brokerages are looking towards copy and social trading as a way to drum up new business and increase the lifetime value of existing customers. Typically brokerages have relied on third party social networks such as ZuluTrade and Tradeo to provide social trading functionality for their clients. However FCA and CySEC regulated Forex brokerage FxPro have taken a different approach, with the firm just recently announcing the launch of their new SuperTrader platform. Which will be available to clients of the firms Cypriot based entity FxPro Financial Services Limited, allowing customers to automatically mirror the trades of certain selected trade leaders.

The SuperTrader Platform

The new platform from FxPro will allow the brokerages clients to mirror the trades of a pre-selected and heavily vetted group of trade leaders. In addition to be able to automatically mirror the trades of the platforms of “trade leaders”, users will be able to perform in-depth analysis of strategies using real time statistics, risk ratings and copier data. As with many competing social trading networks users are able to allocate funds between a number of different “trade leaders” and manage risk by setting custom trailing and stop losses ensuring that gains are locked in. If you are unsure whether you want to jump in and start copying someone immediately you are able to monitor strategies to see how they perform before taking the plunge. Overall the SuperTrader platform seems to offer some pretty impressive functionality.

One of the biggest gripes among users of the social/copy trading products is that networks do not do a good enough job vetting and monitoring the signal providers using their platform. FxPro hopes to differentiate their social/copy trading platform from the competition by constantly monitoring the performance of the platforms “trade leaders”. In doing so this will allow FxPro to flag deviations in performance and risking taking to help ensure that trade leaders meet their performance benchmarks. It is generally believed that stringent monitoring and vetting leads to better results for users of the platform, with the benefits of such vetting and monitoring significantly outweighing the negatives.

As with other social trading platforms those who become a trade leader are able to make commission based on the trading volume of the users who automatically mirror their trading positions.  Those interested in becoming a trade leader must go through a period of manual review before being able to go live on the SuperTrader platform. Should you as a trade leader fail to conform to FxPro’s risk management guidelines, you will be removed from the SuperTrader platform. This makes SuperTrader one of the toughest around when it comes to vetting signal providers which will surely make the platform popular among its users.

FxPro’s move to offer a social trading platform alongside its MetaTrader and cTrader platforms, continues the trend of brokerages increasingly looking towards social and copy trading to bring in new customers. While the FxPro SuperTrader is very impressive it will be interesting to see how the platform performs and whether FxPro can gain traction in the increasingly competitive social trading arena.

Thos who want to find out more about FxPro’s SuperTrader platform should check out the brokerages FAQ page on the platform


FxPro would be a good choice for those looking for a No-Dealing Desk brokerage regulated in a number of reputable European jurisdictions. The brokerage also offers two of the most sought after retail trading platforms with both MT4 and cTrader being available to all customers. Despite this there are still a number of ECN/STP brokerages which can offer tighter spreads on major FX currency pairings.

Free Demo Account Open Real Account

23 thoughts on “FxPro Review

  1. Recently I started to trade with fxpro. I like the service. It’s really on the high European level. And they have the best software with which I have ever worked. At the beginning, I had to wait a long verification process, it even began to annoy me, but on the other hand it confirms the reliability of the company.

  2. IMHO FxPro Ctrader is very good platform. I have been using it for quite a long time. Very good software! UI is very clear and understandable. No delays with the withdrawals. Scalping is allowed.

  3. Customer-oriented and reliable broker. I work with FxPro more than 1 year. No problems with the execution. You can work with all kinds of advisers, including scalping advisers. I deposit and withdraw money via credit card, all operations processed quite fast.

  4. FxPro is one of the industry’s leading forex brokers, and it keeps being that for all the last years. With the range of account types, client support and conditions on offer, i can feel myself in right broker’s hands to work. Hope FxPro will maintain this high quality standarts for our further cooperation.

  5. I like this broker. The quality of service is really high. In my opinion they offer one of the best trading conditions on the market, while the commission is very adequate and deposit isn’t so big. Execution, support spreads, withdrawals – everything is fine!

  6. Installed FxPro Markets last week on my phone. Quite good mobile platform with convenient charting functions & technical indicators. Very easy to trade on go. Execution is also good. I want to express My respect to FxPro for this platform.Really tried their best!

  7. I’m so far happy with fxpro spreads and execution on demo account, but I want to be sure about this broker before going on real account. I read a lot of reviews about many brokers and most of them have issues. The most common issue I find was problem with the withdrawals. About Fxpro such reviews are least of all. Somebody who works with fxpro can confirm that they really haven’t problems with withdrawals?

  8. I have been with FXPRO and FXCM but i highly recommend FXPRO. All the time I work with them, fxpro express themselves only from the professional side. I have never faced with the problems of execution or withdrawal of profit. If people don’t know what to do on forex…they should stop blaming innocent broker. Imho, Fxpro is one of the best forex brokers for now.

  9. I joined fxpro 5 months ago and I opened the real account last month. So far I’m satisfied. I trade very accurately now, but in general, the transition was fairly smooth. I like their client’s service and ultra-low spreads. Execution is the same as on demo. Their analytics is also at the highest level.

  10. No problems at all. First of all, they provide competitive trading conditions and fair stable execution, offers a lot of deposit and withdrawal options and very good analytics. Surely you can find negative moments with any broker if you want to… but I try to look at all these things objectively and I think that FxPro has much more advantages than disadvantages.

  11. Very good trade execution. Excellent support 24/5. So far I haven’t had any problems and very satisfied with the services fxpro provides.

  12. Not bad broker, 1:500 leverage is very good, low spreads even from 0 pips. Support answers any question very quickly. Withdrawals without delays. I enjoy to work with them and recommend fxpro to everybody.

  13. Fxpro is definitely one of my favorite forex brokers. The platform is easy-to-use and fast-executing. They offer very good and deep analytics. I withdraw all my profits without any issues and unnecessary questions.

  14. Old and very reliable broker. Work with them for last 3 years. You can get your money maximum within 2 working days. Metatrader4 platform is very stable and fast. Good spread on the main pairs. It’s pros for me

  15. When I chose a broker, I looked for reliable company. FxPro is one of the most well-known companies in the forex world. After the year of trading with them I had no any issues and I can say that FxPro is really good. This broker provide high level of service: fast execution,, useful tools, professional customer service and fast deposit/withdrawal. Also, they offer very tight spreads. Last time I have stable profits. So I have never regret about my choice.

  16. From my first day of trading, I have been using this broker. I have never regretted this choice. Fxpro doesn’t restrict any kinds of trading techniques, you can use scalping and hedging and any kinds of EA’s. Also, there is an easy and rapid withdrawal process. Customer support is active and helpful.

  17. I opened my account for 3 weeks ago. Before that, I tested demo-account for 2 months. Verification was nоt fast, they checked all my documents. Everything so far so good and I am satisfied with my choice.

  18. After reviewing a lot of posts about fxpro on many review websites and forums, I have come to the conclusion that there is a lot of undeserved slander and fictitious horror stories. It’s outrageous as competitors are dirty behaving by paying negative reviews. From my practice, I can say that this is a pretty good and reliable brokerage company.

  19. I traded with FxPro for almost a year and totally satisfied with this experience. They allow all kinds of EA’s and scalping. Also, they offer a lot of different trading instruments. A wide variety of currency pairs. Spread is quite low too. Very comfortable conditions for me.

  20. Many of my friends work with this broker and no one has any real problem. The problems of most dissatisfied people are rather related to their own illiteracy than with a broker. People trade on news and then are surprised to slippages. Fxpro offers quite fast execution, terminal works stable and there is no real freezes or other serious technical problems. Also, there are no problems with payments, Fxpro always withdraws the profit without any delays. This is an authoritative and time-tested broker.

  21. FxPro offers good trading environment. My 5 months cooperation with them are good so far and I would like to say few things about this broker as per my experience:
    fast deposit/withdrawal
    stable MetaTrader 4 platform
    responsive support team
    convenient for algorithmic trading.
    They are the most legitimate and fair broker I ever work with. They are transparent and well regulated.

Leave a Reply

Your email address will not be published. Required fields are marked *