FxPro

FxPro is an authentic broker with regulations from top-tier regulatory bodies, and the firmly established broker was founded in 2006. The broker is highly client-centric, with its flexibility to adapt to the ongoing clients’ demands along with the advancement in the comprehensive technology of the brokerage platform.

As evidence of a flourishing broker, the broker’s service is spread among 170 countries with grossly 2 188 592+ trading accounts. Additionally, the headquarter of the broker is situated in the United Kingdom. The broker is also in high demand for facilitating several variables featured trading platforms like MT4, MT5, cTrader, and FxPro Edge.  

For its outstanding services in the brokerage sector, it has been rewarded with 95+ prestigious awards. Furthermore, the broker has an excellent client review of five out of 5 stars.

Is FxPro a regulated broker?

FxPro is a strongly regulated broker having jurisdictions from top-tier regulatory bodies like FCA and CySEC. That means a newbie trader can safely invest his money in trading Forex and CFDs. Moreover, an extra layer of security is ensured; hence FxPro is registered under several regulatory solid bodies.  

FxPro is an assorted company consisting of financial organizations like- FxPro Global Markets Limited, FxPro Global Markets MENA Limited, FxPro UK Limited, and FxPro Financial Services Ltd. The broker has its headquarters in the U.K. but has regional offices in other areas of the financial world, like Cyprus, Monaco, and the Bahamas.

FxPro ought to abide by the strict European Laws; hence it has been licensed by the legal and regulatory bodies in charge of maintaining the European entities, such as CySEC and FCA.

The registration number and licenses are-

Trading platforms of FxPro:

On the FxPro trading platform, an individual gets several account types based on the pricing, trade execution, availability of trading platforms, and counting.

So what trading platforms are being functioned on FxPro? Well, let’s have a detailed study-

MetaTrader4 or MT4

This platform offers a floating spread, and no commission charge applies in this field. And the execution type is market

MetaTrader4/MT4 Instant

Floating spreads and no commission are the basic features of the platform. Therefore, the trade execution type is instant.

MetaTrader4 Fixed

The spreads are fixed with no commission, and the trades are executed instantly

MetaTrader5

Trading on MT5 comes with floating spreads and no commission; the trade execution is market type.

cTrader

This platform is a seamless medium for offering clients the best quality features. In addition, this cTrader platform is a tested and experienced enriched stadium that ensures the market makers the highest facilities.

Web Platform

The web trading platform is subjected to various general conditions like order executions (instant /market) type, tiered liquidity supplies, different stop-out levels, etc.

However,  various changes depending on the web platform types are common on FxPro broker. So, based on which platform you select for trading, the available spreads, market instruments, and commission will slightly or drastically change.

Desktop Platform

The market makers must download the broker’s desktop trading version to get the desktop trading platform. The desktop version satisfies its users with a full fledge opportunity to utilize the suggested sophistication and trading packages. Based on the technology a trader prefers, FxPro provides technical solutions.

In addition, the desktop trading platform is highly likely to offer cutting-edge amenities like automated trading, account managers, scalping is allowed, free trading strategies, risk management planning, and whatnot.

Mobile trading platform

The mobile trading platform enables a trader to trade on the go using his smartphone. The powerful mobile trading platform gives a trader complete control of his trading positions. Moreover, there’s an easy switch between the demo and real account, making the mobile trading app or software highly client-friendly. Additionally, a consumer can perform the fundamental analysis and open all trade positions using the handy mobile application version of FxPro.

Market Instruments

FxPro has brought in 6 asset classes in the market, ensuring online CFDs trading. The state-of-the-art execution model of the broker provides its clients with the ever-volatile financial markets. FxPro is an experienced broker with 15+ years of excellence and innovation. So let’s have a close look at the assets variations of the broker-

Forex

Including the major, minor and exotic pairs, the FxPro broker’s platform has 70+ currency pairs. Therefore, trading forex pairs also ensures ultra-competitive trading conditions.

Metals

To trade mantels, a trader may choose the most popular and safe materials like Gold, Platinum, or Silver

Cryptocurrencies

A cryptocurrency preferring trader may have the choice to choose from digital currencies like Bitcoin, Dogecoin, Ether, altcoin CFDs, and so on.

Indices

FxPro has the potential to facilitate its clients with CFDs Spot and Futures, which are being used around the globe. Additionally, the major and minor indexes are also being traded.

Shares

The market participants get the flexibility to trade shares of numerous public companies from the U.K., USA, Germany, and France.

Energies

Most popular energies like Uk & U.S. Crude Oil, Natural Gas Spot, and Future CFDs are all to be discovered by traders.

Commissions and Fees of FxPro:

FxPro protects its clients from the excessive commission charge on every trade. The dealing desk broker has a cost-effective trading platform that allows the trader to trade without paying any commission charge. For this significant amenity, traders in a vast amount choose FxPro for trading in a larger volume.

Although FxPro has loyal consumers, it doesn’t include any discounts for regular trading. Moreover, you will not be facilitated with any bonus scheme.

On the other hand, in some cases, traders are about to pay the withdrawal fees. And it depends mostly on which payment procedure a trader is catering to withdraw the profit. However, other expenses are severe. For example, a natural or non-traded balance may charge up to a 2.6% withdrawal fee.

Therefore, an inactive account with no trading record for up to twelve months is subjected to a $15 inactivity fee and an extra $5 fee.

FxPro research tools and suppliance

FxPro is dedicated to serving cutting-edge tools to its traders, which are considered more than average in the whole trading industry. A macroeconomic calendar is attached to the website to track the critical releases. Additionally, the essential daily fundamental analysis is conducted with trading central to deliver technical analysis.

Furthermore, FxPro surpasses other brokers in the field of enabling multilingual customer service in the form of youtube webinars videos and live news broadcasting on the webpage.

And the best thing about FxPro broker is that it has made public its youtube video webinars and live news updates so that a random visitor can have the services for free.

Special features of FxPro

Among many other exclusive features of FxPro, we need to appreciate the algorithmic trading enabled by cTrader. An individual client can easily customize the indicators and algorithmic trading strategies using cutting-edge algo and technical indicators.

Moreover, the broker’s virtual private server or VPS service widely facilitates every client by making them upload and run the algo bots continuously for up to 24 hours on each market opening day. The VPS service works as backtesting of the trading strategies.

Deposit and withdrawal of FxPro

FxPro is flexible enough to offer its clients many multiple payment options. For instance-

• UnionPay
• PayPal
• Credit Cards
• Bank Wire Transfer
• Skrill
• Neteller

There is no fee for money transfers using any of the above-mentioned methods. But you must be extra careful about the applicable rules and regulations based on which entity of the broker’s principles you hold.

Since FxPro broker has been servicing the brokerage genre starting from 2006, the broker is convenient enough for traders catering to multiple base currencies like USD, AED, EURO, KWD, and RMB. That means you can skip the conversion rate if you fund your account on any base currencies supported by the broker.

What does FxPro require, the minimum deposit?

The minimum deposit set by the FxPro broker is $100. However, the broker suggests depositing a standard fund amount of $500.

Deposit and withdrawal fee of FxPro

FxPro broker doesn’t ask for any deposit charge. Whereas the withdrawal fee is considered 0 using the payment methods suggested by FxPro. On average, the withdrawal processing time takes one full day.

How to open an account on FxPro?

To start trading with FxPro, you must register an authentic account first. What we mean to say, you should register for the trading account by filling out the online portal of the signup form from the official website of FxPro, which is www.fxpro.com.

Another option is if some of your near and dear friends share the affiliate link, you may register by clicking on the exact link. As a result, both parties( You and the person who shares the link) will benefit from an exciting bonus.

What is the information that you are required to open your account on FxPro?

After clicking the register now button, you will get the blank boxes asking for your first name, last name, country of origin, email address, and phone number. After that, select a strong password and click on the “I agree” button.

And there you go; an account has already been created for you. Now all you need to do is – verify the bill through the link sent to your email address. After you verify your account, the next step is confirming your identity and your current location.

Indeed, without verifying a trader’s identity and current location, FxPro doesn’t allow opening any trade position. But don’t be scared. Hence the verification process and requirements are so easy to fulfill.

For identity verification, upload your passport scan copy or Nation Identity Card issued by the country you reside in. Furthermore, for location verification, you can submit the utility bill receipt exceeding not more than three months.

After successfully submitting the essential documents, FxPro will ensure your id is verified fully to allow you to start trading. In most cases, you may even be asked to capture a live selfie once or twice to add extra security to your wallet.

Education

Educational plug-ins are not sufficient on the FxPro broker’s website. The basic concept of Forex and CFDs trading is missing the educational tutorial. FxPro doesn’t have a dedicated academic center. All the broker possesses are tutorial youtube videos that may appear complicated to understand since the videos are not organized and profoundly informed.

Also, the videos are backdated, so the broker should upload new videos on trading. Overall, FxPro supplies a glossary based on the CFD terms, which is just a kind feature of the broker.

Customer service

As a decade-old broker, FxPro broker has attained very positive 5-star feedback from its customer. A five-star review assures us that FxPro is highly dedicated to its clients regarding customer service. The traders can take the service through different mediums like phone calls, emails, live chat, Whatsapp, Twitter, and the Q&A section.

Moreover, FxPro has its headquarters in London, and its desk remains open from 7.30 a.m. to 4.30 p.m. Additionally, the broker’s direct phone call supports are toll-free for the U.K., UAE, GERMANY, FRANCE, and RUSSIA.

FxPro FAQ