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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.54% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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FxPro is a global CFD and forex broker founded in 2006. It is regulated by several financial authorities globally, including the UK’s top-tier Financial Conduct Authority (FCA).

FxPro is considered safe because it is regulated by the top-tier FCA and it has a relatively long track record.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.54% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating 8

FxPro pros and consFxPro'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. Trading fees are relatively high for some stock CFDs. There is also an inactivity fee that kicks in after 6 months of no trading.

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


FxPro has free deposit and withdrawal options. On the negative side, FxPro charges an inactivity fee, and stock CFD fees are high.


AssetsFee levelFee terms
S&P 500 CFDLowThe fees are built into the spread, 2.9 points is the average spread cost during peak trading hours.
Europe 50 CFDAverageThe fees are built into the spread, 3.3 points is the average spread cost during peak trading hours.
EURUSDLowThe fees are built into the spread, 1.71 pips is the average spread cost during peak trading hours.
Inactivity feeLow$15 one-off account maintenance fee and $5 monthly fee after 6 months of inactivity


FxPro’s trading fees are average. The pricing structure depends on the account type you choose. In this review, we tested the FxPro Edge account.

We know it’s hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.

We have chosen popular instruments within each asset class:

  • Stock index CFDs: SPX and EUSTX50
  • Stock CFDs: Apple and Vodafone

A typical trade means buying a leveraged position, holding it for one week and then selling. For the volume, we chose a $2,000 position for the stock index and stock CFDs and $20,000 for the forex transactions. The leverage we used was:

  • 20:1 for stock index CFDs
  • 5:1 for stock CFDs
  • 30:1 for forex

These catch-all benchmark fees include spreads, commissions, and financing costs for all brokers. Let’s see the verdict for FxPro fees.

Account Opening

FxPro accepts customers from all over the world. There are a few exceptions though; among others, you can’t open an account from the USA, Canada or Israel.

What is the minimum deposit at FxPro?

The required FxPro minimum deposit is $100. It’s great if you would like to start trading with a low amount.


Can you open an account?

Select your country of residence to see if you can open an account at FxPro!

Deposit and Withdrawal

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

Account base currencies

At FxPro, you can choose from 8 base currencies. The available base currencies are: USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR

This account base currency selection is average compared with similar brokers; its downside is that only a few minor currencies are accepted.

Deposit fees and options

FxPro charges no deposit fees. In addition to bank transfer and credit/debit cards, you can use several types of electronic wallets:

  • PayPal
  • Skrill
  • Neteller

However, electronic wallets are not available for UK clients.

FxPro withdrawal fees and options

FxPro charges no withdrawal fees in most cases, but there are some exceptions. You must pay a fee if your refund to your PayPal accounts more than 6 months after the initial funding, or if you refund to Neteller or Skrill without having traded.

How long does it take to withdraw money from FxPro? We tested the debit card withdrawal and it took 1 business day.

You can only withdraw money to accounts in your name.

How do you withdraw money from FxPro?

  • Log in to your account (FxPro Direct)
  • Go to ‘Wallet’
  • Click ‘Withdrawal’
  • Select the withdrawal method
  • Enter the withdrawal amount

Trading Platform

FxPro offers four different trading platforms:

  • FxPro EDGE, FxPro’s proprietary trading platform
  • MetaTrader 4 (MT4), a third-party platform
  • MetaTrader 5 (MT5), a third-party platform
  • cTrader, a third-party platform

We tested the MT4 platform, as it is more widely used.

MT4 is available in an exceptionally large number of languages.

FxPro web trading platform languages
Traditional ChineseTurkishUkrainianUzbekVietnamese

Look and feel

The FxPro MT4 web trading platform has great customizability. You can easily change the size and the position of the tabs.

However, the platform feels outdated and some features are hard to find. For example, it took us a while to figure out how to add an asset to the watchlist.


Mobile trading platform

FxPro offers different mobile trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and the FxPro Direct app. We tested MT4, similarly to the web trading platform.

Once you have downloaded the MT4 mobile trading platform, you should be able to access the relevant FxPro server, e.g.

Just like on the web trading platform, you can choose from many languages on the mobile trading platform. Changing the language is a bit tricky on Android devices, however, as you can do it only by switching the default language of your mobile.

FxPro mobile trading platform languages
ArabicChinese (Simplified)Chinese (Traditional)CzechEnglish
Portuguese (Brazil)RussianSpanishThaiTurkish

Look and feel

FxPro has a great-looking mobile trading platform, we really liked its design and user-friendliness. It is easy to find all the features.

FxPro review - Mobile trading platform

FxPro review – Mobile trading platform

Login and security

FxPro provides only one-step login. A two-step login procedure would be safer.

You can’t log in using biometric authentication. Providing this feature would be more convenient.

Search functions

The search functions are good. You can search by typing the name of the product or by navigating the category folders.

FxPro review - Mobile trading platform - Search

FxPro review – Mobile trading platform – Search

Placing orders

You can use the same order types and order time limits as on the web trading platform.


FxPro review - Mobile trading platform - Order panel

FxPro review – Mobile trading platform – Order panel

Alerts and notifications

You can set alerts and notifications for your mobile, although you can do it only on the desktop trading platform. It would be much easier if you could set these notifications on the mobile trading platform itself.

Markets and Products

FxPro is a CFD and forex broker with a large number of currency pairs offered. On the flip side, the amount of CFDs they offer – especially stock CFDs – is low when compared with some FxPro alternatives.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FxPro product selection
Currency pairs (#)705756
Stock index CFDs (#)361824
Stock CFDs (#)1371,139630
ETF CFDs (#)5
Commodity CFDs (#)19817
Bond CFDs (#)2
Cryptos (#)517

You can change leverage levels, which is great. Changing leverage is a very useful feature when you want to lower the risk of your trade. Always be careful with forex and CFD trading, as the preset leverage levels may be too high.


FxPro research tools have three sources:

  • The ‘Tools’ section on the FxPro Direct site
  • The ‘Analytics & Education’ section on the FxPro Direct site, which includes third-party services such as the LiveSquawk news feed and audio commentary as well as Trading Central’s trade recommendations.
  • MetaTrader trading platforms

Trading ideas

FxPro offers trading ideas from third-party provider Trading Central. To view these, go to ‘Analytics & Education’, then click ‘Trading Central’, followed by ‘Take me to Trading Central’.

Fundamental data

FxPro does not offer fundamental data.


FxPro has OK charting tools. You can use 32 technical indicators. These charting tools can be found on the MetaTrader trading platforms.

On the negative side, the design is outdated and some features are hard to use. For example, it was hard to figure out how to remove an indicator from the chart.


news feed with audio commentary is available under the ‘Analytics & Education’ menu, where you should click ‘Squawk’.

FxPro offers an economic calendar with some filtering functions (by date, relevance and currencies), and has a dashboard page with an overview of recent market moves and client positioning on forex markets.


Customer Service

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.

You can contact FxPro via:

  • live chat
  • requesting a call back on the website
  • email

FxPro provides customer support in many languages:

FxPro customer support languages

FxPro has a great live chat service. We received quick and relevant answers.

We could not find a direct number to FxPro phone support, but you can request a call back on their website. This can save you phone costs, but it takes longer to reach customer support this way, at least in our experience. The answers we got were clear and detailed, however.

Email support works well too. We received answers within a few hours and they were relevant.

The only thing we missed was 24/7 availability.


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

At FxPro you can learn in the following ways:

  • Demo account
  • Platform tutorial videos
  • General educational videos
  • Written educational materials

FxPro provides educational videos on its YouTube channel. Among written materials, FxPro offers basic online forex courses, with tests for self-evaluation. Besides that, there is a quite thorough guide to technical analysis available at Trading Central.

FxPro occasionally offers forex webinars, but we couldn’t find any upcoming ones at the time of our review.


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.

Is FxPro regulated?

Yes, it is regulated by:

  • the Financial Conduct Authority (FCA),
  • the Cyprus Securities and Exchange Commission (CySEC),
  • and the Securities Commission of the Bahamas.

FxPro Financial Services Ltd (the entity handling most European clients) is additionally authorized by the South African Financial Sector Conduct Authority (FSCA).

Is FxPro safe?

To be certain, we highly advise that you check two facts:

  • how you are protected if something goes wrong
  • what the background of the broker is

How you are protected

FxPro operates several subsidiaries; which one of these will serve you depends on your residency. This is important for you because the investor protection amount and the regulator differ from entity to entity.

FxPro investor protection
Country of clientsProtection amountRegulatorLegal entity
UK£85,000Financial Conduct Authority (FCA)FxPro UK Limited
EEA€20,000Cyprus Securities and Exchange Commission (CySEC)FxPro Financial Services Ltd
All other countriesNo protectionSecurities Commission of the BahamasFxPro Global Markets Ltd

FxPro provides negative balance protection. If the balance on your account goes into negative, you will be protected.


FxPro was established in 2006. It is originally based in Cyprus. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.

On the negative side, the company doesn’t disclose financial information and isn’t listed on any exchanges.

Bottom Line

FxPro is regulated by several authorities globally, including the top-tier FCA.

On the plus side, opening an account is fast and takes place fully online and there are a lot of free deposit/withdrawal options. FxPro has great customer service, with many languages supported.

FxPro has some drawbacks though. Its product range is limited to CFDs and forex. Its trading fees are generally low, but relatively high for some stock CFDs. A $15 one-off account maintenance fee and a monthly $5 fee is charged after six months of inactivity.

We recommend FxPro for those who are interested in CFD and forex trading and appreciate a quick and hassle-free account opening process. Feel free to test it via the demo account.

FxPro Introduction

FxPro is the financial market brand of FxPro Group Ltd, which commenced the business of forex brokerage as a Cypriot Investment Firm (CIF). The company came into existence in 2006 when it bought over the forex brand known as NorthFinance. Both the old NorthFinance brand and the FxPro were originally based in Cyprus. Over the years, however, the FxPro brand has spread to various forex hubs in an attempt to bring the product closer to its clients. FxPro now has the following divisions:

  • FxPro UK Limited is the headquarters of the company. It serves the UK and most parts of the world. It is authorized and regulated by the Financial Conduct Authority with registration no. 509956.
  • For the Middle East, we have FxPro Global Markets MENA Limited. This company is licensed and regulated by the Dubai Financial Services Authority, with reference no. F003333.
  • The Cyprus operational headquarters of the company is known as FxPro Financial Services Limited. This is where the European market is served. It is licensed by the Cyprus Securities and Exchange Commission, with license no. 078/07. This is also the brand name for the South African branch of the company, where the Financial Sector Conduct Authority (‘FSCA’) provides licensing and authorization to the company (FSCA no. 45052).
  • FxPro Global Markets Ltd is also licensed and regulated by the SCB (license no. SIA-F184).

FxPro offers FX brokerage services in multiple languages: Arabic, Chinese, Czech, English, French, German, Greek, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Thai, Vietnamese, Hindi, Urdu, Indonesian, Malay, Swiss, Australian, and Argentinean.


Specification: FxPro

Licence CySEC, FCA, FSCA

Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose.

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