FxPro Review

  • Established in: 2006
  • Based in: United Kingdom
  • Regulated by: FCA, CySEC, FSCA, DFSA, SCB
  • Min deposit: $100
  • Max. leverage: 1:500
  • Spreads: Fixed and Variable

FxPro Review

FxPro was opened in 2006. More than 13 years ago. Since then it reached the customers from around 173 countries worldwide. Furthermore, FxPro provides its services for more than 870,000 customers. From the very beginning, the broker put a lot of efforts into becoming one of the best brokers online. And 55+ international awards should mean something.

FxPro is regulated by 5 different authorities –  FCA, CySEC, FSCA, DFSA, and SCB. That ensures the security and protection not only of customer funds but the customer itself. And of course, that the broker keeps all the requirements and standards of jurisdiction it is regulated by.

Moreover, FxPro supports a lot of sports teams. It is the partner of F1 team McLaren (check this site to get more details), also it became the sponsor of Watford FC in 2017. Not to mention many other teams and events in which FxPro invested more than impressive $121 million, and counting, of course.

FxPro has one of the most advanced and nicest interfaces. The website looks clean and is easy to navigate. From the very first step, a customer can feel solidity and reliability.

We would like to mention that FxPro provides information about dividends, all the legal documentation by the country and jurisdiction, credit rating. Not many forex brokers are so transparent.

By the public details, FxPro is one of the biggest and most known Forex (and other instruments) brokers online.

FxPro Fees and Spreads

The broker doesn’t apply the fees for withdrawals and deposits which we think is great. The user gets the full amount he initiated for a deposit or withdrawal.

FxPro Trading Experience

The broker did a great job. It integrated a wide selection of tools and software. As every respectable broker, FxPro provides MetaTrader 4 and MetaTrader 5. For more advanced traders, there is cTrader available. cTrader works on mobiles (Android and iOS) as well as on computers – Windows and Mac.

Also, FxPro develops their own software called FxPro Edge which is available for both mobile operating systems – iOS and Android. Not to mention the other tools such as FxPro calculators, VPS, Direct App, etc.

Customers can trade more than 250 different instruments. More than enough for a regular trader. Even big names like Apple, Amazon, Coca Cola, eBay, Sony, Netflix, Twitter, Tesla appear in the list of CFDs available to trade. These shares never lose popularity. Furthermore, users can trade futures, indices, metals, energies, etc. Not to mention Forex, of course.

FxPro Leverage

As for now, FxPro Leverage is as it’s shown in the table below. Notice that the leverage depends on the trading instrument and jurisdiction where the broker operates. The full information about FxPro leverages may be found after registration, in the details page.

 

FxPro Leverage

Insights, Informational Tools, and Education

We have mentioned some of the tools in the previous paragraph – Trading Experience. First of all, we are happy to see the app called Direct App where traders can find the latest market information, as well as manage the wallet of an account.

Furthermore, customers find the economic calendar, earnings calendar by the company (a cool feature),

In addition, the application FxPro Tools App contains some of the points discussed before, and cool features like trading calculators where currency converter, required margin, pip value, stop loss/take profit, swap, and cTrader commission calculator may be found.

For those who prefer using the computer more, there are extensions for the desired web browser. From Google Chrome to Opera.

Let’s move forward and talk about learning material and educational resources.

However, the broker doesn’t provide a lot of learning materials. Except for webinars and events which do not happen often. So new traders should fill the baggage of knowledge somewhere else. Sure, it isn’t a big deal, but still, a nice thing to get in addition after an account is opened.

Customer Support

FxPro provides several channels for getting help. First and most popular, of course, email support. You can find it in this FxPro Review, the table below. Also, phone support is available, but it depends on the country and language. The FxPro provides help in 27 different languages. Each language and country has its own phone number. The most amazing thing – most of these phone numbers are toll-free. So just check FxPro’s contact page and find if your country has a free to call number.

Of course, English speaking clients can always get help by calling the international phone number.

Furthermore, customers are free to contact the support team by Live Chat option.

The broker has offices in several locations, so the residents of these cities may visit the physical accommodations.

Conclusion. Is FxPro good broker?

To sum up, FxPro is a great broker with very high standards. We like everything, starting with website interface, ending with multilingual phone support. Not to mention several great applications for your phone where a lot of very useful tools are available. FxPro maintains a high level of security, system stability, uninterrupted and fast completion of orders.

Furthermore, the broker provides a lot of documentation and information about the company. Transparency is the key to being the most trusted and valued Forex broker online. The point we miss a lot nowadays.

By the way, FxPro offers some great leverages depending on the trading instrument and the location a user is registered from.

Also, we love to see FxPro logo on some famous football clubs and even F1 team. It adds more confidence to open the account on this broker.

However, we found some of the things we do not like. First, educational materials – there are too less of them. FxPro presents only webinars and some events. Where is some free stuff to read and learn from? It seems that the broker is friendly for advanced traders more.

 

Attention: Terms, spreads, and information provided on this review can get outdated due to terms and rules changed by the broker. Please double check the information before making a deposit and start using FxPro. 

Important: FxPro leverage may change anytime. Please check it before registering or starting to trade. 

FxPro Review adopted for 2019.

Markets
  • Forex
  • Indices
  • Energies
  • Metals
Accounts
  • Demo account
  • Mini account
  • Standard account
Platforms
  • MT4
  • Webtrader
  • Mobile apps
Funding methods
  • Credit card
  • Bank transfer
  • Neteller
  • Skrill
  • Unionpay
Features
  • Stop losses
Account fees
  • Inactivity fee
  • Commission
Support
  • Live Chat
  • Email Support
  • Phone Support
Excluded countries USA, Iran and Canada
Languages English, German, Spanish, French, Italian, Russian, Polish, Portuguese, Hungarian, Vietnamese, Taiwanese, Korean, Hindi, Japanese, Malay, Arabian, Indonesian, and Chinese
Licenses FCA Registration: 509956, CySec License: 078/07, FSCA Authorisation: 45052, DFSA Reference: F003333, SCB Licence: SIA-F184
Broker contacts
Global Support
support@fxpro.com
Phone (English)
+44 (0) 203 151 5550
United Kingdom
FxPro’s HQ13-14 Basinghall str.,
City of London, EC2V 5BQ, UK
Sales Inquiries:

+44 (0) 20 3023 1768

Fax:

+44 (0) 207 600 7063

Local calls toll-free

08000 463 050

Reception:

+44 (0) 20 7776 9720

7:30am – 4:30pm GMT
Cyprus

Operational Headquaters

Karyatidon 1, Ypsonas 4180, Cyprus
Tel:

+357 25 969 200

Fax:

+357 25 969 256

Monaco

Administrative Office

26, Boulevard des Moulins, Monaco, 98000
Tel:

+44 (0) 203 151 5550

Fax:

+44 (0) 207 600 7063

United Arab Emirates

Dubai Office

Index Tower, Floor 10, Unit 1010, Dubai International Financial Centre, Dubai, United Arab Emirates.
Local calls toll-free

8000 440 316

Reception:

+971 (0) 4 372 5900

7:30am – 4:30pm GMT
Fax:

+971 (0) 4 351 6840

Bahamas

Nassau Office

Lyford Financial Center, PO Box N 7776, Nassau, Bahamas.
Tel: +1 242 603 2224