FxPro Review: Reliable Broker or Scam?

FxPro is a well-established online ECN broker that has been active for more than 15 years. Regulated around the world by the FCA, CySEC, FSCA and SCB, this CFD broker is reliable. It is also authorized by the ACPR to operate legally in France. Its services are particularly competitive because most trades carry no commission, and FxPro reviews are broadly favorable. In this FxPro review, we answer one key question: can you trade with FxPro with confidence? YES!

FxPro Customer Reviews

Sources: Trustpilot, Google Play

Who Is the Broker FxPro?

FxPro is a broker specializing in Contracts for Difference, or CFDs. It is a No Dealing Desk (NDD) operator, which means the broker acts as an intermediary between liquidity providers and traders. As such, it gives no advice and does not influence traders’ decisions. FxPro clients generally have a good opinion of the broker.

Founded by Denis Sukhotin in Cyprus in 2006 under the name EuroOrient Securities & Financial Services Ltd, FxPro is authorized and regulated by the Cyprus Securities and Exchange Commission. In 2010, the broker obtained authorization from the Financial Conduct Authority in the United Kingdom.

Today, FxPro’s main headquarters are in London and its capital stands at €100,000,000. FxPro describes itself as a “truly global broker” and currently claims 1,300,000 client accounts in more than 170 countries. In our view, FxPro is also known for sponsoring various sports clubs.

FxPro has several entities: FxPro Financial Services Ltd, FxPro Global Markets Ltd and FxPro UK Ltd. Our current FxPro review is based on the offering of FxPro Global Markets Ltd.

FxPro in Numbers (Early 2025)

• 80+ awards won;
• 4 international regulators;
• 1,866,000+ clients;
• 260+ trading instruments;
• 173 countries served;
• 15+ years of experience as a broker;
• Average order execution in 11.06 milliseconds.

Key Facts About FxPro

Awards Won by FxPro

In roughly 15 years, FxPro says it has won no fewer than 80 UK and international awards, which reflect the quality of its trading platform and tools. Notable FxPro awards include:

• Best Foreign Exchange Service Provider, City of London Wealth Management, 2013;
• Best Broker, Financial Times, 2015;
• Most Trusted Forex Brand UK, Global Brands Magazine, 2017;
• Best Forex Trading Platform, Shares Awards, 2019;
• Best MetaBroker, ForexBrokers.com, 2020;
• Most Innovative Forex Broker UK, International Business Magazine.

Is FxPro Registered with the AMF?

FxPro is authorized and registered with the AMF and the ACPR, so it is not on the AMF blacklist – although it is always wise to check that list before choosing a broker. It is also regulated by the FCA. As such, it is regulated in Europe and can operate in France.

Does FxPro Operate in France?

FxPro has been registered in France with the Autorité de Contrôle Prudentiel et de Résolution (ACPR) since 2008, under the company name FXPRO Financial Services Ltd (REGAFI ID: 27726). It is therefore open to all French traders. The website is available in French, although not yet fully translated.

Instruments Offered by FxPro

FxPro offers CFDs (Contracts for Difference) on more than 260 instruments across several markets:

• Futures, including several commodities and energies;

• Forex, with more than 70 pairs, including the most traded ones (e.g. FxPro EURUSD);

• The most popular indices in Europe, Asia and the Americas;

• Stocks from 150 international companies;

• Precious metals;
• Energies on the Brent, WTI and natural gas markets.

Leverage at FxPro

The leverage available depends on both the asset type and the number of lots open:

• Forex: 1:500;

• Metals: 1:200;

• Indices: 1:500;

• Futures contracts: 1:50;

• Spot energies and energy futures: 1:100;

• Stocks: 1:25.

As the volume traded increases, the applicable leverage decreases.

FxPro Regulation

As a “global” broker, FxPro is regulated by several financial supervisors in different countries:

• The Financial Conduct Authority (FCA) in the United Kingdom. FxPro UK is registered with the FCA under no. 509956;

• The Cyprus Securities and Exchange Commission (CySEC), under license no. 078/07;

• The Financial Sector Conduct Authority (FSCA) in South Africa, under authorization no. 45052;

• The Securities Commission of The Bahamas (SCB), under license SIA-F184.

Other Regulated Brokers

How Are Client Funds Protected?

In our view, FxPro is a reliable and growing company, with a credit rating of 95% against an industry average of 66%. That is a first guarantee of protection for clients, who do not risk seeing their funds disappear if the company goes bankrupt.

To protect clients, FxPro offers negative balance protection. If your CFD account balance goes negative because of market swings, political announcements and so on, the broker will close your open positions and absorb the losses, resetting your account to zero. As a result, traders cannot lose more than the capital invested in their FxPro account.

Finally, FxPro applies several security measures to protect the data exchanged and your account on the site. These include encryption, guidance on dedicated prevention pages, and quick contact tools for reporting suspicious activity or filing a complaint.

Is FxPro a Scam?

Is FxPro reliable? The answer is yes. This broker is regulated by several respected authorities, including the FCA, a major institution in Europe. In our view, FxPro’s spreads are among the fairest on the market, so there are no hidden tricks on fees.

FxPro Deposits and Withdrawals

Where FxPro reviews are less enthusiastic is deposits. FxPro recommends a minimum deposit of €1,000, well above what other brokers ask.

However, you can then top up with €100 at a time. You must also use the same channel for deposits and withdrawals. For deposits, in addition to bank transfer, FxPro accepts the following payment methods:

• Visa, Maestro, MasterCard and American Express cards

• Skrill;

• Neteller;

• Union Pay.

FxPro charges no fees on deposits or withdrawals, unless a withdrawal is requested via Skrill or Neteller without any trading activity. In that case, a fee of 2.6% or 2% may apply depending on the channel used.

Deposited funds go into the FxPro Wallet. To make a deposit, log in to FxPro Direct and click “Deposit Funds” or “Wallet”. You can then choose your preferred payment method from the list provided.

You can transfer money from the FxPro Wallet to your FxPro trading account at any time by clicking “Transfer”. If the two accounts use different currencies, the applicable exchange rate is displayed automatically.

Note that your FxPro Wallet can hold several currencies: EUR, USD, GBP, CHF, JPY, PLN, AUD and ZAR.

Which Account Type Should You Choose?

FxPro offers CFD accounts only, which you can try out with an FxPro demo account. You can then move to a live account, which comes in several versions depending on the size of your trades.

The FxPro Demo Account

The FxPro demo account is free and designed for beginner traders to learn how the platform works without risking their money. In our view, this FxPro account is an excellent way to build your own trading strategy and refine your method in real market conditions. You can open as many demo accounts as you like, but each one is limited to 70 open positions and is automatically deactivated after 180 days.

The FxPro Live Account

The platform offers four types of live account, with varying benefits, risks and privileges in line with current European Union regulations. In every case, account holders get access to technical analysis, news, the Forex calendar, reports on company stocks and earnings, and the site’s various exclusive tools (e.g. calculators).

The Retail Account

This is the standard account for all retail traders. Accounts in this category enjoy relatively strong protection, and leverage is capped.

The Professional Account

Any FxPro trader can switch from a Retail to a Professional account at no extra cost if they meet the eligibility conditions, i.e. at least two of the following criteria:

• An FxPro portfolio worth more than €500,000;

• A certain number of trades executed over the last 4 quarters;

• At least one year of professional experience in the financial sector.

The trader then benefits from higher leverage while keeping negative balance protection, and can switch back to Retail status at any time.

The VIP Account

This account is reserved for high-net-worth individuals trading very large volumes, with a minimum deposit of €50,000. VIP traders get discounted FxPro spreads, reduced commission on cTrader accounts and unlimited access to a VPS (virtual private server). Reviews of the FxPro VPS are broadly positive.

The Islamic Account

FxPro can offer a swap-free account for Muslim traders, but only on request. You can email [email protected] to find out more.

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FxPro Fees, Pricing and Spreads

According to FxPro reviews, spreads on currencies are somewhat less tight. Overall, however, spreads remain fairly reasonable.

FxPro Spreads on Currencies

FxPro Spreads on Futures

*These spreads are for guidance only. MT4 spreads are floating and vary widely depending on the day and trading conditions.

FxPro Spreads on Indices

FxPro Spreads on Precious Metals

You can check live prices on the broker’s website – for example, the FxPro XAUUSD spread for gold/US dollar trades.

FxPro Spreads on Stocks

FxPro Spreads on US Stocks

*These spreads are for guidance only. MT4 spreads are floating and vary widely depending on the day and trading conditions.

FxPro Spreads on UK Stocks

*These spreads are for guidance only. MT4 spreads are floating and vary widely depending on the day and trading conditions.

FxPro Spreads on French Stocks

*These spreads are for guidance only. MT4 spreads are floating and vary widely depending on the day and trading conditions.

FxPro Spreads on German Stocks

*These spreads are for guidance only. MT4 spreads are floating and vary widely depending on the day and trading conditions.

FxPro Spreads on Spot Energies

As an FxPro trader, you can trade spot oil and natural gas on some of the most popular markets. FxPro offers three markets:

• Natural gas;
• UK Brent Oil, which is heavily traded;
• WTI, the benchmark for oil prices in the United States.

FxPro Commissions and Management Fees

FxPro charges no management fees. In addition, there is no commission on trades on FxPro MT4 and FxPro MT5 – only a markup on spreads. FxPro reviews particularly appreciate this.

On cTrader, and especially for metals, an FxPro commission applies. It is generally €45 on opening and €45 on closing for every million US dollars traded. So if you trade a €10,000 lot, for example, you will be charged an FxPro commission of €4.50 × 2, i.e. €9. This covers the commissions charged when entering and exiting the trade.

To see the exact commission for each type of trade, you can use the dedicated calculator on the website. Either way, FxPro reviews agree on one point: commissions remain low.

FxPro Swaps

Swap fees, or rollover fees, apply to positions held open overnight. Swaps are charged from 10 p.m. (London time), Monday to Friday.

If you hold an FxPro position open over the weekend, the swap rate is tripled even though markets are closed. Here is the standard formula FxPro uses to calculate swap fees: swap fee = pip value × swap value (in points) / 10.

An FxPro swap calculator is available to every trader on the broker’s website. In our view, this FxPro tool is very useful.

Here are some typical currency swap rates at FxPro:

FxPro Analysis Tools

FxPro offers several tools to sharpen your technical analysis:

• An economic calendar built from major releases;
• An earnings calendar showing changes in margin requirements and maximum exposures based on the latest releases;
• Market holidays, so you know in advance when international markets are closed;
• Market news with in-depth analysis;
• Technical analysis by Trading Central, available on FxPro MT4 and FxPro MT5;
• Several calculators to quickly work out spreads, margins, swaps and more.

You also have a wide range of trading tools, including:

• A dashboard that brings all your tools and data together in one place;
• A download center to get your mobile app and the trading platform that suits you best;
• The FxPro Direct app to manage your accounts from an Android or iOS device.

FxPro Education

FxPro reviews of the broker’s training for traders are largely positive. The site includes a genuine education program in the FxPro education blog section, featuring:

• Beginner and advanced content;
• Assessment quizzes to test your knowledge;
• Video tutorials on using the FxPro platforms;
• Regular tutorials and webinars archived on the broker’s YouTube channel.

You can also follow the broker’s news on the official FxPro Facebook page.

Trading Platforms

At FxPro, traders can choose between four (04) platforms:

• FxPro MT4, including FxPro MT4 Instant;
• FxPro MT5;
• cTrader;
• FxPro Edge.

The accounts and instruments available depend on the platform you choose. Note that these platforms are entirely separate from the FxPro auto-trading application used for automated trading.

FxPro MT4

The FxPro MetaTrader 4 (FxPro MT4) platform is very popular. It is mainly designed for forex trading, but is not limited to currency pairs: MT4 also supports the other asset classes offered by FxPro. The broker charges no fees or commissions on trades placed from this platform – only spreads apply.

On FxPro MetaTrader 4, traders can also trade micro-lots and small lot sizes (from 1 and 10 for energies and stocks respectively).

Thanks to FxPro MT4, you can also trade on the web or on mobile using FxPro MetaTrader Mac or the FxPro MetaTrader Web app. You can download FxPro MT4 from the broker’s website.

FxPro MT4 WebTrader lets you trade from any browser and any operating system without downloading an app. The FxPro MT4 WebTrader platform is also multilingual and easy to get to grips with.

There is also MT4 Instant. This platform offers the same features as MT4, with the following options:

• Instant execution at the displayed price, with the possibility of a requote;

• Fixed spreads on 7 major currency pairs for Forex trades.

If you have an MT4 Instant account, you can trade directly in your browser with FxPro MT4 Instant WebTrader.

FxPro MT5

MT5 runs on Mac, Windows, Android and in the browser (FxPro MT5 WebTrader). It also lets you trade all of FxPro’s instruments.

In our view, this FxPro platform has the advantage of giving access to the MQL5 Community, where traders can share ideas to refine their strategies.

FxPro charges no commission on trades placed on FxPro MetaTrader 5, and you can trade small lot sizes, just as with FxPro MetaTrader 4.

FxPro cTrader

Powerful, fast and available on all devices and systems, the cTrader platform is nonetheless limited to certain assets at FxPro. The broker only allows forex, metals, indices and energies to be traded on cTrader. You can also trade small lot sizes (from 1 for energies), and unlike the other platforms, there is no minimum stop level. On the other hand, a commission of €45 per million euros traded applies.

FxPro Edge

This FxPro trading platform offers the same range of tools as FxPro MT4. Like the other platforms, it can be used on desktop, web and mobile, whatever your device, system or browser. FxPro Edge supports all instruments offered by FxPro, and no fees are charged on trades other than spreads.

Here is a comparison table of the trading platforms offered by FxPro:

Slippage and Order Execution at FxPro

FxPro reviews are unanimous on this point: the FxPro MT4, MT5 and cTrader platforms deliver fast order execution. The average execution time is 11.06 milliseconds. Better still, around 87% of orders are executed in under 10 ms, and the system can handle up to 7,000 orders per second. Currently, the average is 2,000 orders per minute, and the record stands at 199,397 orders executed in a single day.

In any case, according to FxPro reviews on trading forums, the speed of execution and the efficiency of the FxPro robot are highly appreciated.

In addition, 82% of orders were executed at the market price, and 9% received positive slippage, i.e. a better price than the market price. Only 0.68% of orders were requoted, and 0.32% received positive requotes.

Note that you can choose between instant execution and market execution, depending on the trading platform you use.

With MT4, MT5 and cTrader, you can request market execution, i.e. at the price available at that moment. With MT4 and MT5, you can also use instant execution, i.e. at the requested price.

How to Contact FxPro

FxPro customer service is available 24 hours a day, 5 days a week, through the following channels:

• Live chat;
• Phone: +44 (0) 203 151 5550;
• Callback request form;
• Email: [email protected];
• Social media: Facebook, LinkedIn, Instagram, Twitter

FxPro’s London headquarters are located at: FxPro UK Ltd, 13/14 Basinghall Street, London, United Kingdom.

FxPro Customer Service

Across FxPro forums, users have not raised complaints about the broker’s customer service. With several channels available (chat, phone and contact form) and multilingual support, clients are broadly satisfied. The website itself and its FxPro FAQ are also detailed enough to answer most client questions.

How to Become an FxPro Affiliate

FxPro offers two partnership programs: you can become an introducing broker or an affiliate.

Introducing brokers can earn up to €45 per million euros traded on minor and exotic forex pairs. On major forex pairs, the commission is €35 per million traded.

As an FxPro affiliate, you can earn up to €1,100 for each client you refer. Partners also get exclusive tools and promotions, including:

• Multilingual customer service, with the option to talk to an FxPro expert advisor;
• A partner portal where you can view your client data, performance reports and commissions;
• Access to the full range of FxPro trading platforms.

FxPro affiliation requires registration: applicants must fill in the form on the website.

FxPro Compared with Other Brokers

FxPro vs IG Markets, FxPro vs XM, FxPro vs IC Markets, FxPro vs Pepperstone, FxPro vs XTB, FxPro vs FXCM, FxPro vs Alvexo, FxPro vs eToro… In this table, we have summarized each broker’s offering so you can quickly compare FxPro with its competitors.

BROKERS	RATING	REGULATION	CUSTOMER SERVICE QUALITY	PLATFORMS	MAXIMUM LEVERAGE
	★★★★★ 5/5	CySEC – Cyprus FCA – United Kingdom FSCA – South Africa SCB – Bahamas	★★★★★ 5/5	Metatrader 4 Metatrader 5 cTrader FxPro Edge	1:500
	★★★★★ 5/5	ASIC – Australia FCA – United Kingdom DFSA – Dubai	★★★★★ 5/5	Metatrader 4 Metatrader 5 cTrader	1:500
	★★★★★ 5/5	FCA – UK ASIC – Australia	★★★★★ 5/5	MT4, MT5, WebTrader MetaTrader Supreme Edition, Mobile Apps	1:500
	★★★☆☆ 3.5/5	CySEC – Cyprus FSA – Seychelles	★★★★☆ 4/5	Webtrader Metatrader 4 App	1:300
	★★★★★ 5/5	CySEC – Cyprus	★★★★★ 5/5	Web trading platform	1:30
	★★★★☆ 4.5/5	FCA – United Kingdom AMF – France FSCA – South Africa ASIC – Australia	★★★★★ 5/5	Metatrader 4 Trading Station ZuluTrade (Australia is excluded) TradingView	1:30
	★★★☆☆ 3.5/5	FCA – United Kingdom ACP-Banque de France – France KNF – Poland BaFin – Germany	★★★★★ 5/5	Metatrader 4 xStation 5	1:30

Negative Feedback on FxPro

Summary: FxPro Pros and Cons

FxPro Review: The Best Forex Broker in 2025?

This FxPro review has shown us what sets this international broker apart. It is a very good forex broker. It puts Forex trading front and center, with more than 70 currency pairs, and offers the best Forex trading platforms, including MetaTrader 4 and MetaTrader 5.

Its main strength is the absence of commissions on most of its platforms, along with highly transparent pricing. All trading styles are also allowed, including FxPro scalping and FxPro hedging. However, spreads remain high, as does the minimum deposit. If you are looking for tighter spreads, more affordable pricing, more competitive trading conditions, a welcome bonus and a wider choice of leverage, you would be better off with brokers such as Vantage or FXPRIMUS.

Have you used FxPro and want to share your experience? Leave us a comment!