FxPro Review

FxPro Review Introduction

Founded in 2006 and headquartered in London, U.K., FxPro is a global forex broker that offers online trading services for various financial instruments, including forex, futures, indices, metals, energies, and shares. FxPro provides its customers with advanced trading tools, comprehensive market analysis, educational resources, and world-class customer service. It serves over 170 countries and supports multiple languages to meet the needs of its diverse customer base around the world.

This FxPro review introduction will provide an in-depth analysis of FxPro, examining its features, services, and overall reputation in the forex trading community. We will delve into the specifics of its trading platforms, account types, trading conditions, and customer service, among other things. FxPro is known for its transparency, integrity, and commitment to providing exceptional client service. The aim of this review is to offer potential traders with valuable insights into FxPro, allowing them to make an informed decision on whether it is the right platform for their trading needs.

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FxPro Review

FxPro Account Types

  • Standard Account – A standard account suits traders with different styles and preferences. It lets you trade with floating FX Spreads from 1.2 pips on MT4/MT5 platforms and offers micro lot options. You need to deposit at least $100 to open this account.
  • Pro Account – With a Pro Account, you can trade foreign exchange on Metatrader 4 with low spreads starting from 0.6 pips. All you need is a minimum deposit of $1000.
  • Raw+ Account – The Raw+ Account gives you VIP benefits such as zero spreads for most of the trading day and a low commission of up to 3.5 USD per lot per side on MT4/MT5 platforms. You need to deposit at least $1000 to open this account.
  • Elite Account – With an Elite Account, you can trade with ZERO spreads for most of the day and pay a low commission (no more than $3.5 per lot per side). You can also get up to 21% of your commissions back! This account is available on MT4/MT5 platforms. You need to deposit at least $30k to open it.

FREE Demo Account

The FxPro forex trading platform provides a feature called the FxPro Demo Account, which enables beginners to practice trading without using real money. This account is a training ground where users can familiarize themselves with the platform’s interface, learn how to analyze market trends, and develop trading strategies. The FxPro Free Demo Account is also a great tool for experienced traders who want to try out new strategies without risking their capital. It simulates a realistic trading environment with real-time market prices and conditions.

Trading Assets

  • Forex – FxPro offers clients the chance to trade 70 different types of currencies, including major, minor, and exotic ones. The Forex market is the world’s biggest and most active financial market, and FxPro forex has favourable trading conditions for this market.
  • Commodities – The broker offers clients the opportunity to trade futures contracts for various commodities. These include agricultural products such as wheat, corn, and soybeans, energy resources such as crude oil and natural gas, and indices.
  • Indices – FxPro broker offers CFDs on both major and minor indices from various countries, such as the US, UK, Japan, and others. These indices reflect the performance of the most influential economies in the world. Traders have the option to trade these indices as Spot or Future contracts.
  • Shares – FxPro forex broker allows traders to buy and sell shares from public companies across the US, UK, and EU markets. This offers a chance to diversify and grow their portfolios.
  • Metals – The platform offers metal commodities such as Gold, Silver, and Platinum for traders who are interested in commodities. These assets are often seen as safe havens and can help with risk management.
  • Energy – FxPro broker offers traders the chance to buy and sell UK & US Crude Oil & Natural Gas Spots and Future contracts. These are thrilling markets with huge profit potential because of their large fluctuations and market scale.
  • Cryptocurrencies – Trade Bitcoin, Ethereum, Doge, Tether, and other crypto and altcoin CFDs. These are contracts for difference based on the prices of digital currencies. This market is growing fast and has a lot of volatility, which can create exciting opportunities for traders.
  • CFDs – These are Contracts for Difference (CFDs) that let traders bet on the price changes of various assets, such as Forex, Shares, Futures, Spot Indices, Spot Metals, and Spot Energy. Traders do not have to own these assets to trade CFDs. This can offer many advantages and opportunities for profit.

Explore FxPro’s Different Trading Platforms

FxPro Trading Platform

FxPro Trading Platform is a web-based platform that lets you access your FxPro EDGE Accounts from any browser. You can customize its interface and use advanced trading widgets. It also has more than 50 technical indicators and charting tools, separate chart windows, useful trading widgets, a flexible layout, six chart types with 15 timeframes, and dark and light themes.

FxPro Mobile App

With the FxPro Mobile app, you can access your accounts, funds, and trading platform from one app on iOS or Android. The app lets you sign up quickly, open and manage accounts, deposit, transfer, and withdraw funds, view the economic calendar, track volatility, and get push notifications.

FxPro MT4 (MetaTrader 4)

MetaTrader 4 (MT4) has set the standard in the trading industry with its comprehensive tools for asset charting, order placement, and position management. FxPro MT4 combines this advanced trading platform with its superior order execution, competitive pricing, and no dealing desk interference, creating one of the most powerful online forex trading solutions. You can download MetaTrader 4 from the FxPro official website.

  • Enhance your trading experience with exclusive technical analysis tools from Trading Central on MT4 Trading Central Tools. These tools help you identify new trading opportunities, optimize your entry and exit timings, and provide instant insights on Trading Central’s preferred direction, target levels, and alternative scenarios based on support and pivot lines.
  • Boost your trading with automated trading using the MT4 MetaEditor, Strategy Tester, and FxPro VPS.
  • With FxPro MT4 Mobile, enjoy the convenience of the most popular trading platform on your mobile phone, available anytime, anywhere. It’s compatible with both iOS and Android.
  • The MetaTrader 4 Webtrader allows you to access your MT4 account directly from your browser without the need for any software installation.
    Moreover, the MT4 Multiterminal enables you to manage positions and execute orders across multiple MT4 accounts.

FxPro MT5 (MetaTrader 5)

FxPro MT5 is a trading platform that lives up to the high standards of its predecessor. It gives you everything you need to explore the financial markets with ease. You can customize it to suit your trading style and enjoy an advanced environment for developing EAs and other features.

  • The MT5 Trading Central Tools are a collection of exclusive technical analysis indicators from Trading Central. They help you identify new trading opportunities, improve your timing for entry and exit, and provide a quick overview of Trading Central’s preferred direction, target levels, and alternative scenarios based on support and pivot lines.
  • With MT5, you can also use automated trading through MetaEditor, Strategy Tester, and FxPro VPS.
  • FxPro MT5 App is also available for mobile and tablets, so you can trade on the go with your mobile device, no matter where you are. It works with iOS and Android.
  • Moreover, the MT5 webtrader platform now has advanced financial trading functions and top-quality tools for technical and fundamental analysis, making trading smoother than ever.

cTrader

With the cTrader platform, you can enjoy many advanced technical features and the convenience of cTID (cTrader ID) login functionality. This means that you can access all your connected accounts with one login and sync your settings across them. Get cTrader for free today and take advantage of its many benefits when you use it with the FxPro cTrader account.

  • Trade automatically on cTrader with cTrader Automate and FxPro VPS.
  • Use your cTrader account on your mobile phone or tablet, with a sophisticated user interface and superior mobile charting features. The platform works on both iOS and Android devices.
  • The cTrader web platform is a robust solution for browser or Mac users, with the same advanced capabilities as the desktop platform, except for cTrader Automate. Access your account from anywhere, at any time without installing any software.
  • Improve your trading experience with chart targets from cTrader Trading Central. Identify new trade opportunities, optimize your entry/exit timings, and get immediate insights on Trading Central’s recommended direction based on unbiased technical analysis. Chart targets are a built-in feature across all cTrader platform types.
FxPro Trading Platform

FxPro Deposit Options

FxPro offers a variety of deposit options for the convenience of its clients. These include:

  • Bank Transfer: This is a direct deposit from your bank account to your FxPro account. It is safe and secure, but may take a few days to process.
  • Credit/Debit Card: This is the most convenient option for many clients. FxPro platform accepts all major credit and debit cards. The funds are usually transferred instantly.
  • E-Wallets: FxPro broker also accepts deposits through popular e-wallets such as PayPal, Neteller, and Skrill. These are instant and convenient, but may have certain transaction limits.
  • FxPro Wallet: This is a unique feature offered by FxPro. It allows you to fund your trading account without having to make a deposit each time you want to trade.
  • UnionPay: This is a popular deposit option for clients in China.
  • Broker to Broker Transfer: FxPro also allows you to transfer funds from another broker directly to your FxPro account.

Remember that each deposit option may have different transaction fees and processing times. It is important to check the details and choose the option that is most convenient for you.

FxPro Withdrawal Options

FxPro offers a number of withdrawal options for clients to access their trading profits. Here are some of the methods available:

  • Bank Wire Transfer: This is one of the most common withdrawal methods. It involves transferring funds directly from your FxPro account to your bank account. Note that this method may take several business days and may require a small processing fee.
  • Credit/Debit Card: This allows you to withdraw funds directly to the card you used to fund your account. It is a quick and convenient method, but may be subject to certain limits depending on your card provider.
  • Digital Wallets: FxPro also supports several digital wallets for withdrawals, including PayPal, Skrill, Neteller, and UnionPay. These options offer a fast and secure way to access your funds, usually within 24 hours.
  • FxPro MasterCard: If you have an FxPro MasterCard, you can withdraw your funds directly to your card and then use it to make purchases or withdraw cash from ATMs worldwide.
  • Internal Transfer: This option allows you to transfer funds between different FxPro accounts, which can be handy if you have multiple trading accounts with the broker.

Remember that each withdrawal method may have different processing times, fees, and limits, so it’s important to check the specific details and choose the method that best suits your needs. Additionally, FxPro platform requires you to withdraw funds back to the original source of deposit as a part of their anti-money laundering policy.

FxPro Deposit Options

FxPro Minimum Withdrawal

The minimum withdrawal limit for FxPro depends on the payment method that the user selects.

  • Credit/debit card transactions must withdraw at least $100.
  • Bank transfers must withdraw at least $500.
  • Users who choose e-wallets, such as Skrill and Neteller, must withdraw at least $50.

Customers should check these minimum limits before requesting a withdrawal to avoid any problems with the transaction process.

FxPro Review – Trading Tools

FxPro Trading Tools are advanced tools that help traders make informed decisions. They provide real-time data, market news, technical analysis charts, and more.

  • Trader’s Dashboard: This FxPro feature gives a market overview. It shows data such as current prices, trading volumes, and more.
  • FxPro Calculators: These calculators help traders do quick and accurate calculations for their trades. They can calculate trading parameters such as margin, pip value, swap, and more.
  • FxPro VPS: This is a Virtual Private Server that FxPro offers for traders who use automated trading systems. It ensures uninterrupted, secure, and fast execution of trades.

News and Analysis

This section offers the latest news and analysis from the financial markets to traders. It covers economic events, market trends, and more.

  • Economic Calendar: Shows all the upcoming economic events that can affect the financial markets. These events include economic indicator releases, central bank meetings, and more.
  • Earnings Calendar: This calendar shows the dates when companies will release their earnings reports. Traders can use this information to plan their trading strategies around these important events.
  • Market Holidays: A list of all the public holidays when the financial markets are closed. Traders can use this list to plan their trading schedules accordingly.
  • FxPro Market News: This section provides the latest news from the financial markets. It covers market trends, economic events, and more.
  • Technical Analysis by Trading Central: This is a service provided by Trading Central, a leading provider of technical analysis. It offers detailed technical analysis reports and forecasts for various financial instruments.

FxPro Review – Research and Education

FxPro broker offers various educational resources for traders. These resources aim to enhance the trading skills of traders of different levels, help them analyze market trends, and enable them to make wise trading choices.

  • Online Trading Courses: Learn various aspects of trading with FxPro’s online courses. You will gain an understanding of forex trading, technical analysis, risk management, and trading strategies.
  • Webinars: Join regular webinars where industry experts share their insights on current market trends, strategies, and trading techniques. You can also interact and ask questions during these live sessions.
  • E-books: Explore a range of e-books that cover various trading topics. These are designed to give you in-depth knowledge about different aspects of trading.
  • Video Tutorials: Watch video tutorials that help you understand complex trading concepts in a simple and visual way. They cover a wide range of topics including how to use the trading platform, market analysis techniques, and advanced trading strategies.
  • Articles and Market Analysis: Read regular articles and market analysis reports from FxPro. These are written by experienced traders and market analysts, providing you with insights into the latest market trends and trading opportunities.
  • Glossary: Find out the meaning of all the technical terms used in forex and CFD trading with a comprehensive glossary.
  • Economic Calendar: Keep track of important economic events that can affect the financial markets with a useful tool.
  • Customer Support: Contact FxPro’s multilingual customer support 24/5 for any queries or issues you might have.

Customer Support

A range of customer support services are offered by FxPro, a reputable online brokerage firm. You can contact their customer support team through various channels if you have any questions or issues with your FxPro account.

  • Live Chat Support – You can get real-time assistance from a customer support representative through this feature. It is a quick and convenient way to receive immediate answers to any questions or problems you may have.
  • Email: support@fxpro.com | info@fxpro.com – You can email these addresses for any help with account management, technical issues, or general inquiries. Your concerns will be addressed promptly.
  • Local Toll-Free Number: FxPro provides a local toll-free number for their customers. You can call 08000 463 050 and talk directly to a customer support representative who can help you with your needs.
  • Address: You can mail any documents or letters to FxPro’s headquarters address in the United Kingdom. The address is FxPro UK HQ, 13-14 Basinghall Str., City of London, EC2V 5BQ, UK.

Is FxPro Legal?

FxPro is a legal and legitimate forex broker. It is regulated by the following bodies:

  • The Financial Conduct Authority (FCA) has granted FxPro UK Limited the authorisation and regulation status with the registration number 509956.
  • The Cyprus Securities and Exchange Commission (licence no. 078/07) grants FxPro Financial Services Limited the authority and regulation to operate.
  • The Securities Commission of The Bahamas has authorised and regulated FxPro Global Markets Limited (SIA-F184 license number).
  • The Financial Sector Conduct Authority (‘FSCA’) has granted authorisation to FxPro Financial Services Limited (authorisation no. 45052).
  • FxPro Global Markets Ltd has authorised and regulated Prime Ash Capital Limited (FxPro) as an Investment Dealer under The Financial Services Commission of Mauritius (Licence no: GB21026568). This is based on a White Label agreement that allows Prime Ash Capital Limited to trade as FxPro.

FxPro broker review – Conclusion

In conclusion, FxPro is a reputable online trading platform that offers an array of trading services, including forex, indices, shares, futures and cryptocurrencies. With its advanced trading tools, multiple trading platforms and excellent customer service, it caters to both beginners and experienced traders. However, potential users should also be aware of the risks associated with online trading. It’s always recommended to fully understand the platform and trading before starting to invest. Overall, FxPro provides a professional and reliable service for those interested in online trading.