FxPro Review

FxPro is a market-maker forex broker regulated by the FCA. FSCA and CYSEC offering the choice of the MetaTrader 4, MetaTrader 5 or cTrader forex trading platform, range of CFDs including 70+ forex pairs with low EUR/USD spreads from 0.5 pips and strong customer support backed by strong FxPro reviews.

View the full review of FxPro including the key strengths and weaknesses below.

By Justin Grossbard / Updated: Tuesday, February 18th, 2020

Curency Movements Image

FxPro Forex Broker ReviewThe top five reasons to choose FxPro are:

  1. The low fees offered with no dealing desk execution
  2. The choice of the three leading forex platforms including MT4
  3. High leverage depending on the trader’s region
  4. Strong levels of customer support leading to awards
  5. A low deposit requirement and easy funding methods

FxPro Review – Company Profile

FxPro Financial Services LTD is an international Forex and an online CFD provider headquartered in London, United Kingdom. The firm was founded in 2006 and accommodates retail and institutional traders worldwide in 173 countries. FxPro Group Limited is the parent corporation of:

  • FxPro Financial Services LtdFxPro Forex Broker Review
  • FxPro UK Limited
  • FxPro Global Markets MENA Limited
  • FxPro Global Markets Ltd

FxPro Review History

This UK-based online CFD and Spread Betting provider can serve its large and diverse client base through 5 main worldwide offices spread across three continents (North America, Europe and Asia):FxPro UK Headquarter

  • London (FxPro UK headquarter) 13-14 Basinghall str., City of London, EC2V 5BQ, UK
  • Monaco – FxPro Administrative Office
  • Cyprus
  • Dubai, United Arab Emirates
  • Bahamas

FxPro has one of the highest numbers of retail clients with over 1.3 million of trading accounts. FxPro’s primary source of revenue comes from its large customer base. With such a large number of retail clients opting for a FxPro trading account, it’s important to examine if FxPro is a trusted broker.

FxPro Regulation and Licenses

We‘re regarded as the go-to authority on broker reviews content because among other things we only investigate regulated forex brokers. FxPro operates under the norms and standards imposed by the world’s most trusted forex regulatory bodies. This ensures the highest standard of protection for retail’s funds. The rules laid down by the forex regulators ensure that all forex traders have fair access to the global markets. FxPro offers a level playing field for all market participants and first-class online trading services.FxPro Review Regulatory Bodies

FxPro is supervised by the top 5 FX regulatory bodies in the world and has Forex licenses in another 28 EEA countries, including:

  • Financial Conduct Authority (FCA) in the UK (registration number FRN 509956)
  • Cyprus Securities and Exchange Commission (CySEC) in Cyprus (license number 078/07)
  • Financial Sector Conduct Authority (FSCA) in South Africa (authorization number FSP 45052)
  • Dubai Financial Services Authority (DFSA) in UAE (reference number F003333)
  • Securities Commission of The Bahamas (SCB) (license number SIA-F184)

Our team of industry experts at Compare Forex Brokers are dedicated to providing our readers with an unbiased FxPro review. Our broker reviews abide by strict standards and include a detailed analysis of the financial services offered by FxPro. Without further ado, below we outline a breakdown of the main FxPro features.


Our Rating

The overall rating is based on review by our experts

7.17
Spreads
7 / 10
Leverage
9 / 10
Trading Platform
10 / 10
Risk Management
4 / 10
Range of Markets
7 / 10
Customer Service
6 / 10

FxPro FAQs

FxPro is not a true ECN broker. The Electronic Communication Network model sends orders straight to the liquidity providers. FxPro No Dealing Desk model also matches clients’ orders internally, which is the sole reason why FxPro is not a true ECN forex broker. However, the execution model implemented by FxPro mimics the same advantages that may come with a true ECN broker in the sense that there is no dealing desk intervention.

No Dealing Desk execution model NDD

FxPro is a well-regulated broker that abides by the standards and norms imposed by the world’s top regulatory bodies including FCA, CySEC and FSCA. The high level of regulation serves as a guarantor of client funds and ensures fair and stable trading conditions.

FxPro offers competitive spread across all 6 assets classes. On FxPro currency pairs the spread start from just 0.37 pips on EUR/USD pair, 8.0 points on DAX30, 0.28 points on gold trading and $30 spread on Bitcoin trading.

FxPro Direct is a proprietary account management App build by the experts at FxPro. The App gives FxPro clients access to secure mobile wallet for deposits, transfers and withdrawals and other built-in trading features.

About This Forex Broker Review

The FxPro review was crafted by our devoted team of investment and business professionals at Compare Forex Brokers. We‘re regarded as the go-to authority on broker review content. We have spent considerable effort assessing all FxPro features, starting from broker’s platforms, account types, regulation, type of products offered, the quality of FxPro service, the total costs and fees, the mobile experience and FxPro NDD execution model.

We used a standardized process to collect all the information needed to assess FxPro performance. And, based on our proprietary scoring system we concluded that it’s safe to trade with FxPro.

Risk Warning: Forex and CFD Trading are considered to be high-risk investment vehicles. Due to the high degree of leverage involved in FX trading, traders can experience a complete loss of their money.

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