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Written by: Ádám N. Updated: Dec 2022
Expert verified
Recommended for
  • Investors and traders globally
Trusted broker
Regulated by top-tier financial authorities
Popularity
338 people chose this broker in the last 6 months
BrokerChooser Score
4.2/5

FxPro review summary

FxPro is an international CFD and forex broker, regulated by the UK FCA, CySEC of Cyprus and the SCB at the Bahamas. FxPro's account opening process is fast, fully online, and user-friendly. FxPro has a well-performing customer service that provides fast and relevant answers and can be contacted in many languages. You can use a lot of options for deposit or withdrawal, and they're free of charge. On the negative side, FxPro's product portfolio is limited to forex and CFD. Non trading fees are average, there is also an inactivity fee that kicks in after 12 months of no trading. BrokerChooser gave FxPro a 4.2/5 rating based on analyzing 500+ criteria and testing via opening a live account.

FxPro is a regulated broker, it is overseen by top-tier financial regulators in multiple countries . FxPro is also covered by investor protection in selected jurisdictions. We at BrokerChooser always test brokers with real money, including the withdrawal process.

You can't open an account at FxPro if you live in United States. See the best alternative available in your country.

FxPro pros and cons

Pros Cons
Superb account opening process Only CFDs and forex
Great customer service High trading fees for some stock CFDs
Free deposit and withdrawal Inactivity fee

FxPro main highlights

🗺️ Country of regulation Cyprus, UK, Bahamas, South Africa
💰 Trading fees class Low
💰 Inactivity fee charged Yes
💰 Withdrawal fee amount $0
💰 Minimum deposit $100
🕖 Time to open an account 1 day
💳 Deposit with bank card Available
👛 Depositing with electronic wallet Available
💱 Number of base currencies supported 8
🎮 Demo account provided Yes
🛍️ Products offered Forex, CFD
To read much more details about the broker's services and features, expand on the sections below.

FxPro review
Fees

3.8
FxPro has low forex fees and free deposit and withdrawal options. On the negative side, FxPro charges an inactivity fee, and stock CFD fees are high.
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FxPro review
Account opening

5.0
FxPro account opening is hassle-free, straightforward and very fast; it may take less than two hours to verify your account.
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FxPro review
Deposit and withdrawal

4.5
FxPro offers free and fast deposit and withdrawal, via various channels including bank transfer, credit/debit cards and electronic wallets.
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FxPro review
Web trading platform

2.8
FxPro offers several trading platforms. The MT4 platform we tested is highly customizable and has a clear fee report, but the platform lacks price alerts and the design is outdated.
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FxPro review
Mobile trading platform

4.3
FxPro has a great mobile trading platform, provided by MT4. It is well designed and user-friendly, with a good search function. However, Touch/Face ID login is not supported.
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FxPro review
Desktop trading platform

3.4
In design and functionality, FxPro's MT4 desktop platform is almost the same as the web trading platform. A major difference is that you can set price alerts on the desktop platform.
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FxPro review
Markets and products

2.1
At FxPro you can trade CFDs of underlying asset classes including forex, stocks, commodities, futures and indices. However, popular products such as real stocks or ETFs are not available.
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FxPro review
Research

4.5
FxPro offers extensive technical analysis, and some great tools to give you a quick market overview. On the downside, it provides no fundamental data.
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FxPro review
Customer service

5.0
FxPro's customer service is fast, multilingual, and provides relevant answers. It is not available on weekends, though, and you cannot reach phone support directly.
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FxPro review
Education

4.0
FxPro's educational tools include a demo account, trading platform tutorials (though not for MetaTrader platforms), as well as educational videos and written materials.
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FxPro review
Safety

FxPro is regulated by three financial authorities globally, including the top-tier FCA. It is a well-established brand, but it is not listed on any exchange and does not disclose financial information.
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FxPro review
Bottom line

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FxPro review
FAQ

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Author of this review

Ádám Nasli

Author of this review

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Ádám Nasli

Analyst Head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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79.27% of retail CFD accounts lose money

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