FxPro Experience & User Reviews
About FxPro
FxPro was founded in 2006 and is regulated by the CySec, FCA, FSB, DFSA and SCB. FxPro offers 20 languages and serves over 100.000 retail and institutional clients in more than 150 countries. FxPro has offices in the United Kingdom, Cyprus, Dubai and the Bahamas.
FxPro USER RATING
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BrokerCheck FxPro Review
Successful Traders 21%
Trading Cost
3.9/5
Order & Support Speed
4.4/5
Available Products
4.0/5
Usability
3.8/5
What we liked about FxPro
FxPro has a blazing fast order execution. Period. If you want to trade in volatile environments (political news or economical data like US non farm payrolls) FxPro is the right choice for you. What we like is the choice for Traders between the FCA (max. 1:30 leverage) and the SCB (max. 1:500 leverage) regulation. FxPro is a relieable Broker and is regulated by the FCA, CySEC, FSCA, DFSA and SCB.
Pros
99,9% order execution in under 42ms
Leverage up to 1:500 (SCB regulation)
Regulated by the FCA, CySEC, FSCA, DFSA and SCB.
Free Demo Account
What we disliked about FxPro
FxPro has slighty above average fees for most trading instruments. On top their website interface with the split account sign-up structure is confusing for new traders. Currently FxPro lacks the ability to trade cryptocurrencies.
CONS
Slightly above average fees
Confusing Account Structure
No Cryptocurrencies
No US Traders allowed
BrokerCheck Review of FxPro
FxPro currently offers around 280 tradable assets. Currently no available crypto currency pairs. FxPros’s biggest plus point is the swift order execution. As 99,9% of customers orders are executed in under 42ms. For Heavytraders, FxPro is probably not the best choice, as the fees are slightly above average for certain assets. The account opening/capitalisation could have been made a bit easier for clients. The trading platforms are Metatrader 4 and Metatrader 5 followed by FxPro Trading Software. FxPro offers a rich portfolio of learning materials. Overall, we would recommend FxPro for Traders, who are really keen on a swift order execution. Currently 21% of retail traders are successful at FxPro, which is in the average for most brokers.
Highlight's
Free Demo Account for Trading Beginners
500€ recommendend min. deposit for live accounts
Trading Leverage up to 1:30 FCA
Trading Leverage up to 1:500 SCB
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this Broker.
