FxPro is a global forex and CFD broker. Founded in 2006, the brokerage firm has shown remarkable growth over the years. From being an initial starter to the market now it has become one of the best brokers available in the market.
The exceptional popularity of FxPro is a strong support in reshaping online trading. It has successfully expanded to serve retail and institutional clients in more than 170 countries and it is still going strong.
We experienced successful trading when we opened the account. So, to share the experience, here’s a detailed FxPro review 2023 to give a complete insight to its services and help you decide if it is suitable for you or not.
FxPro Review 2023: Quick Overview
|Year of Establishment||2006|
|Headquarters||Basinghall Street, London|
|FxPro Minimum Deposit||$100|
|Country of Regulation||Cyprus, UK, Bahamas and South Africa|
|Products||Forex and CFDs|
What is FxPro?
FxPro is a financial broker offering its state-of-the-art trading services. The broker was established with the idea of reshaping online trading in 2006. After which it has achieved many milestones that it thought of.
In 2008, it was the first broker to sponsor an F1 team. Also, in 2015 the company was voted as the best broker by the Financial Times (2015-2020).
It has expanded strongly to serve retail and institutional trades in more than 170 countries and is still growing. The broker is a proponent of transparency. It was established with high standards of safety for the clients funds.
They ensure the clients funds are safe with segregation and storage with major international banks. A highly secure and pro financial broker for forex and CFD traders.
Is FxPro A Secure Trading Platform?
FxPro is among the most secured trading platforms and winner of the title – The most trusted brand, UK 2017. The title shows the security that the broker offers. It is not a scam and has its operating licence with the FxPro Group Limited.
It has 28 EEA registrations, three of which are, FxPro Financial services Ltd., BaFin (reg. no.121095), ACPR (reg. no.72430) and CNMV (reg. no.1722).
Besides the registrations, the company has regulation from top-notch authorities. Given below are the regulatory bodies of FxPro broker:
- FxPro UK Limited, Financial Conduct Authority, registration no. 509956
- Cyprus Securities and Exchange Commission (CySEC), licence no. 078/07
- Financial Sector Conduct Authority, authorisation no. 45052
- Securities Commission of The Bahamas, licence no. SIA-F184
- Financial Services Commission of Mauritius, licence no. GB21026568
In addition, it has 4.4 rating out of 5 on Trustpilot. These regulations, registration and rating of the brokerage company shows the credibility of the broker. It is a legitimate and secure trading platform.
FxPro Review 2023: Available Trading Products
FxPro provides its traders with a pool of products to trade in. Traders can invest in these financial markets to make efficient investments. It provides more than 400 products to trade.
The major markets available to trade with FxPro are., Forex, Futures, Indices, Shares, Metals, Energies and Cryptocurrencies. Here, are the products traders can access in these markets:
Traders get to access 70+ forex pairs to invest with CFD option. Also, they get the benefit of tight spreads and fast order execution at the platform. The most popular FOREX pairs are the major global currencies with high trade volume and liquidity.
Some of the pairs available are:
Why trade in forex pairs with FxPro:
- Free forex courses for beginners
- Forex trading calculators
- FxPro VPS
- Economic calendar
- Trading FAQs
Popular indices from Europe, Asia and America are available with the platform. Traders can invest in the various indices to make successful trades. They can have the educational material to improve their knowledge and make the best trades.
- Shares of large and globally acknowledged companies
- Dynamic leverages
- Trading platforms, MT4 and MT5
- Educational facilities
Traders get to invest in futures around the world. They can explore endless market opportunities. It allows them to speculate on the value of a range of commodities, indices and energies.
FxPro offers thousands of global shares to trade online with CFDs. Traders can benefit from the following:
- Ultra-fast order execution
- Competitive trading conditions
- Trade with popular companies from US, UK and EU
- Know the prices, spread and change in share price
With FxPro traders can have CFDs on spot metals. They can unmask new trading opportunities. They can have:
- Spot gold
- Spot silver
- Fast execution
- Trading platforms
FxPro offers clients with the best products. With energies traders can have the best of the market such as:
- Brent Oil
- Natural Gas
Besides, they help to diversify the portfolio.
When it comes to cryptocurrencies, FxPro is ranked number one. Traders can enjoy the benefits of:
- Tight spreads
- Fast order execution
- Trade in popular coins Bitcoin, Ethereum and Litecoin
- Have notifications and updates
FxPro Review: FxPro Account Types and Features
The forex and CFD broker has three types of accounts available to cater different levels of traders. Here’s a comparison of three to make it easy to decide the most suitable one:
|Features||Live Trading||Professional Trading||VIP Trading|
|Spreads||N/A||N/A||30% discount on spreads|
|Fast Trade Execution||N/A||Available||Available|
Other than this, FxPro demo account is available to practise trade. Traders can select the demo account option to trade and make investments without fear of loss.
FxPro Review: How to open an account with FxPro?
The process of account opening with FxPro is simple and similar to other brokers. Traders have to first register with the broker to access the platform services. They can follow the given instructions:
- First visit the website of the broker, www.fxpro.com and click on open an account option.
- Register by providing name, contract details, country of residence and email address.
- After registration, traders are required to verify their email address. Also, users can go for the option of two-factor authentication for high protection.
- The email address after verification serves as the FxPro login Id of the platform.
- So, in this way traders can open their trading account and deposit funds by selecting payment methods to begin trading.
How to Verify an FxPro Trading Account?
Traders can verify their trading account through a simple and convenient method. Upload a clear picture of the identity verification document. It can be:
- Government identification proof
- Utility bill
- Bank statement (latest)
After uploading the document, traders have to wait for a day to verify and to access the trading account and platform services.
FxPro Review 2023: Supported Payment Methods
FxPro is a simple yet advanced trading platform. It provides clients with the best and multiple payment methods. They can easily deposit and withdraw funds from their account.
Transactions at the platform are faster which is a benefit, traders can enjoy at FxPro. The common payment options available with the traders are:
- Wire transfer
- Debit cards
- Master Card
- Visa credit cards
There are various payment methods traders can choose from. Also, the platform accepts most popular currencies for deposit of funds USD, EUR, GBP, JPY, AUD and others.
How To Deposit and Withdraw Funds From FXPro?
Deposit and withdrawal of funds at FxPro are instant and free. Traders have to use the payment methods available to deposit and withdraw funds.
The following steps work for deposit/withdrawal of funds:
- Visit the website page using login credentials
- Go to dashboard and click on deposit/withdrawal
- Enter the amount of deposit/withdrawal
- Deposit of funds takes a few minutes and the amount is visible in the account within minutes.
- For withdrawal of funds traders choose the payment method and request for withdrawal.
- Broker verifies and then allows the withdrawal, which can take a few days.
FxPro Review 2023: Trading Platforms
Trading platforms are the essence of the broker services. If the platform is intuitive, traders can have great trading experience. It helps to elevate the trading experience of the clients.
The platforms are a good option for traders who wish to conveniently manage their funds. They can trade a full range of CFDs using the FxPro app without installing many applications.
FxPro has three significant trading platforms with the mobile application being a cheery on the top.
MetaTrader4 (MT4 FxPro)
MetaTrader4 is the most basic and popular trading platform. Several traders rely on it for their trading. MetaQuote software it has all the features to support clients in efficient trading.
MetaTrader5 (MT5 FxPro)
MetaTrader5 is the advanced version that provides clients with a state-of-the-art experience. Traders can have automatic trading with a range of tools to support the clients.
cTrader is available for Windows desktop and offers an in-depth market trading facility. Traders can research and cover most of the market dynamics to trade. It does not have any restriction of stop-loss or limit orders like MetaTrader4 and MetaTrader5.
FxPro Trading Platform
Other than these trading platforms FxPro has its own trading platform. It is a web browser based platform with many advanced features. The platform is specially designed to meet the needs of clients and their requirements.
FxPro trading platform works on both mobiles and desktops. The FxPro app has an all-in-one solution, thus, allows traders to manage their accounts. Also, they can manage their funds, trade online at the integrated platform.
The desktop platform is convenient for traders to access. It has customizable features and advanced trading weights. Below are the features of the two trading platforms:
|FxPro Trading Platform Features|
|Available on iOS and Android|
|Fast sign up|
|Integrated trading platform|
|50+ technical indicators and charting tools|
|Volatility Push notifications|
|Detachable chart windows|
|Useful trading widgets|
|Interactive economic calendar|
|Open and manage accounts|
|Deposit, transfer and withdraw|
|6 chart types with 15 timeframes|
FxPro Review 2023: Spreads and Commission
FxPro does not charge any commission from its clients. They can easily invest in various assets and do not have to pay for anything else. While, the FxPro spreads are tight.
However, it does charge inactivity fees from the traders for the services provided. Other than this, there is no extra charge traders need to pay for.
FxPro Review 2023: Maximum Leverage
Leverage is a kind of brokerage loan. Traders can access it at the FxPro platform to open high-market positions. However, the risks of using leverage are also high. FxPro offers retail traders with leverage of 1:30 and 1:200.
For the advanced professional account traders can have 1:500 leverage. The VIP account traders can have 1:500 leverage at a discount of 30%.
FxPro Review 2023: Educational & Research Tools
FxPro offers clients top-notch tools to trade. These are advanced tools for both beginners and professionals of the market. The best of these is the education tool which has the most quality tools to support traders.
Other than this, there are:
- Economic calendar
- Forex news
Educational tools have the most tools which guide traders and help them learn. There are different categories available for the traders:
- Fundamental Analysis
- Technical Analysis
- Video tutorials
- Webinars and Events
- Trading tests
Traders can use them to learn and trade successfully in the financial markets. Videos and webinars help traders understand the market and how it works to trade smoothly.
FxPro Review 2023: Is It Safe To Trade With?
FxPro ensures traders safety by protecting their data and funds. The safety of clients is their priority. They have sophisticated security measures to protect the client’s personal information, privacy and funds.
They have the following facilities for safety:
- High level data encryption
- Strong team of professionals
- Maintain FxPro Direct portal as safe place to execute transactions
- Verify before allowing any access
- Two step verification option
- Automated email confirmation
- Data processing officer to monitor
The platform also suggests precautions traders can take for secure trading online.
FxPro Review: Customer Service
To support clients FxPro has the best customer services. The professional team at the platform is always ready to assist the clients. They monitor the platform and help the clients at any time of the day.
For supporting clients they provide:
- Live chat (instant help from qualified support)
- Request call back
- Download guides
- Watch and learn
- Help section
- Email support: [email protected]
InvestFW is a multi asset brokerage platform. The broker is working under the brand of iTrade Global (CY) Ltd. Launched in 2016, the platform has achieved a lot in the time period.
It is available in more than 100 countries and offers top-notch services to the customers. In addition, the broker is regulated by the Cyprus Securities and Exchange Commission.
Also, it has various high security standards to protect their clients. Overall, the best alternative traders can think of.
Fxpro Review: Conclusion
FxPro is a trustworthy and reliable forex and CFD broker. Traders can invest with it easily by opening their trading account. They can buy and sell securities, have the best trading platforms, go for retail or professional trading and low trading fees.
The educational facilities of the brokers are the best. There are videos, webinars, articles, basic, technical and fundamental analysis tools. Range of trading tools to support clients and the best online security.
With such advantages it is the best CFD and forex broker online.
What is the minimum deposit for FxPro?
The minimum deposit for FxPro is $100.
How long does FxPro withdrawal take?
Withdrawals with FxPro take less time. Traders can have their funds withdrawn within a day.
What is FxPro?
FxPro is a forex and CFD broker. It provides its services to traders for easy buying and selling online.
How does FxPro work?
FxPro works similarly to other online brokers. But it has special features which makes it the best online platform. There are several educational materials, best trading platforms, low trading fees and easy deposit and withdrawals.
How to withdraw money from FxPro?
Traders can withdraw money from FxPro easily within a few steps. They have to first visit the website, login in their account and then request for withdrawal. They enter the amount of withdrawal and wait for verification from the broker and it takes one day to receive the amount.
Where is FxPro located?
FxPro is located in London.
How to trade with FxPro?
FxPro allows trading online with easy account opening. Traders can register with the broker and open an account. They deposit funds in the account and purchase the assets, monitor them using the trading platforms.
How to trade on FxPro?
Trading on FxPro is simple, traders open their account, purchase assets, monitor them using the trading platform tools and predict the market changes.
How to use FxPro metatrader 4?
MetaTrader4 is the trading platform available with FxPro. Traders can have various facilities with the platform. They have indicators, tools, charts and time frames to analyse the market prices.
Traders can select the trading platform with the account opening. Then they can download FxPro MT4 and install the platform for use. They can access various facilities and trade.
How to use FxPro?
Traders can use FxPro easily. They can register and open their account with the platform and trade in various assets with trading platforms and other services.
How to withdraw funds from FxPro?
Traders can withdraw funds from FxPro by visiting the website, going to the dashboard and selecting withdrawal. Enter the amount and wait for verification to get the funds. It takes one day to have the funds withdrawn.
How long does it take to withdraw from FxPro?
Withdrawal of funds at FxPro takes one day and the longest a week for verification.
Traders can delete their FxPro account by sending an email to [email protected]. It is a cancellation account and a trader who wants to delete the account has to make a request to the broker by email.
Below are the steps:
- Open the email address registered with the broker.
- Compose an email of deleting of the account and send it to [email protected]
- The subject section of the email should be, “Request to delete my account”.
- Then write an email to request them to delete your account database and wipe all the information with them.
Is FxPro legit?
Yes, FxPro is a legit broker. It has regulation of many authorities making it work efficiently.
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