FxPro Review in Jul. 2024

Trade CFDs on the following instruments with FxPro:

• Forex: CFDs on 70 major and minor currency pairs, including crosses against the rouble and the South African rand.
• Crypto: CFDs on 27 cryptocurrencies against the US dollar, including Bitcoin, Ethereum, Ripple, and others.
• Shares: CFDs on the shares of over 150 companies listed in the US, the UK, and the European Economic Area. You'll even be entitled to receive dividends on long positions.
• Indices: CFDs on 18 American, European, and Asian stock indices, such as the S&P 500 and the Nasdaq 100, in both the spot and futures markets.
• Metals: CFDs on the price of gold, silver, and other industrial metals against the US dollar and the euro.
• Commodities: CFDs on the price of agricultural commodity futures such as coffee, sugar, and cotton.
• Energy: CFDs on the price of Brent Crude, WTI, and natural gas futures against the US dollar.

* Availability is subject to local laws and regulations.

Range of platforms

MetaTrader 4: is the longest running and most established of all trading platforms. Trade CFDs across currencies, cryptocurrencies, indices, shares, precious metals, and energy products from this platform.

MetaTrader 5: offers a wider selection of stocks and the ability to trade futures. It also is significantly faster and more responsive than MT4. We also like that FxPro allows you to choose between "hedging" and "netting" modes.

cTrader: is a rival platform released in 2011. Like MT5, cTrader offers a wider range of trading tools and indicators than MT4. Unlike the MetaTrader platforms, cTrader uses the widely-used C# programming language for its trading robots. However, please note that trading shares or futures is not an option on this platform.

Trading conditions

For beginners: FxPro's Standard account is designed for beginners. If you prefer to trade on fixed spreads, we suggest FxPro's Instant Execution account for MT4.

For experienced traders: FxPro's Raw+ account allows you to trade majors and gold on raw spreads plus commission (US$3.5 per lot, per side). You'll also get tighter spreads across other asset classes. However, it requires a US$ 1,000 deposit.

For professional traders: FxPro's Elite account could be of interest if you can deposit US$ 30,000 over 2 months. You'll enjoy rebates (from US$1.5 per lot) in addition to the same advantageous trading conditions as the Raw+ account.

Swap-free trading: is available for Muslim customers. Open an account online and contact your FxPro account manager before placing your first trade.

Trading tools

Trading signals: FxPro has partnered with Trading Central to provide daily trading signals across currencies, equities, commodities, and bonds. Every signal comes with a recommendation to go long or short, and key levels of support and resistance (as illustrated in the second screenshot). You can also embed these signals directly within MetaTrader 4 or 5 through a plugin.

Educational content: the educational content available on FxPro.com also caught our attention. You'll find learning paths for both beginners and advanced users, in the form of online courses, video tutorials, and webinars.

With FxPro, you can open an account in 9 local currencies: euros, British Pounds, Australian dollars and others. The full list of currencies is available on this page. If possible, open an account in your currency to avoid unnecessary currency conversion fees.

FxPro accepts a wide range of deposit methods: cards, bank transfers, electronic wallets (like PayPal) and cryptocurrency. And if you already have funds in a trading account, FxPro can work with your broker to transfer the funds from your old to your new account. This is called a broker-to-broker transfer.

FxPro charges no fees on deposits or withdrawals, but we've experienced third-party fees on bank transfers. In addition, a fee may apply to Neteller and Skrill withdrawals if you haven't traded.

Visit FxPro.com for the full list of funding methods.

The choice of payment methods depends on the company that you open an account with, and your country of residence. Please visit the company's website for a list of all payment methods.

* Availability is subject to local laws and regulations.

FxPro operates through companies regulated in the UK, the European Union, South Africa, and the Bahamas. It is also a member of investor compensation schemes in the UK and the EU. However, your coverage will depend on the specific FxPro entity you open an account with.

When registering, you can select the FxPro entity you wish to open an account with via a dropdown menu at the bottom of the page, as illustrated in our accompanying screenshot.

FxPro places client funds in segregated accounts with prominent European banks. You'll benefit from negative balance protection even if you open an account with its offshore entity in the Bahamas.

Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time.