Gen Z Investing
FXPRO Markets Review
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
FxPro’s primary drawback is its higher-than-average pricing, which just can’t compete with the lowest-cost forex brokers.
FXPRO Pros & Cons
Pros
​ Founded in 2006, FxPro is regulated in one tier-1 jurisdiction and two tier-2 jurisdictions, making it a safe (low-risk) broker for trading forex and CFDs
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FxPro offers a variety of pricing options across its account types, including fixed and variable spreads
FxPro is best known for its MetaTrader and cTrader platform offerings, available for desktop, web, and mobile
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FxPro provides fully-transparent execution methods that vary by account type – with less than 1% of client orders requoted in 2020
Cons
The pricing at FxPro isn't quite competitive enough to challenge industry leaders such as IG and CMC Markets.
FxPro's proprietary platform, FxPro Edge, has established a good foundation for a new web-based platform, but still can’t compete with the best proprietary trading platforms (and is not yet available as a mobile app)
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FxPro offers fewer symbols for forex and CFD traders than the leading multi-asset brokers
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The BnkPro app for banking and payments offers thousands of global stocks to trade, but is not yet fully rolled out in all regions, such as Europe and Asia
FXPRO Overview
Type of BrokerNon-Advisory/Executionary Broker (ECN/STP)
Regulation & Licensing Cyprus Securities and Exchange Commission Australian Securities and Investments Commission, Financial Services Authority (St Vincent & the Grenadines)
Clients Accepted from 170 countries around the world
Assets Offered Foreign Exchange, Commodities, Indices, Shares, Bonds, Futures, Cryptocurrencies
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Platforms Available MetaTrader 4, MetaTrader 5, cTrader, and FxPro Edge.
Mobile Compatibility Android and iOS
Payment Types Accepted MasterCard, Visa, American Express, Bank Transfer, Broker Transfer , Skrill, Neteller
FXPRO Account Types
Features
Raw Spread Account
Standard Account
Account Currencies
AUD, USD, EUR, GBP, SGD, JPY, CHF, NZD, CAD
AUD, USD, EUR, GBP, SGD, JPY, CHF, NZD, CAD
Available Leverage
500:1
500:1
Minimum Deposit
$100
$100
Starting Spreads
1.2 Pips
1.2 Pips
Commission Per Trade
$3.5
$3.5
Min. Lot Size Per Trade
0.01
0.01
Max Lot Size Per Trade
200
200
Demo Account
Yes
Yes
Swap/Rollover Free Option
Islamic Account
Islamic Account
Copy Trading Support
Yes
Yes
FXPRO Compliance & Regulation
FxPro is an award-winning online broker specialising in Contracts for Difference (CFDs) and Spread Betting on foreign exchange, futures, shares, spot indices, spot metals and spot energies. Since its establishment, the company has focused on being an innovator in the retail forex market as well as a driving force for transparency and fairness across the industry. With a popular range of trading platforms and a multi-asset product offering, FxPro has emerged as a first choice for clients seeking user-friendly market access and professional trading conditions.
FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration number 509956).
The Financial Conduct Authority is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry.