Choosing the right forex broker can make or break your trading journey—trust me, I’ve learned this the hard way after a few costly mistakes! In this in-depth FxPro review, we’ll dive into its key features, regulations, trading conditions, and whether it’s a trustworthy platform in 2025. FxPro, a globally recognized forex and CFD broker since 2006, has served over 2 million clients across 170+ countries and boasts a reputation for fast execution and versatile platforms. But is it still a top pick for traders today? I’ll break it all down with a neutral, transparent lens to help you decide if FxPro is the broker to fuel your trading success—or if you should keep looking.
Broker Overview Table
| Category | Details |
|---|---|
| Founded Year | 2006 |
| Regulation | FCA (UK), CySEC (Cyprus), FSCA (South Africa), SCB (Bahamas) |
| Minimum Deposit | $100 (recommended $500) |
| Spreads | From 0.0 pips (cTrader, with commission), 1.2 pips (Standard) |
| Leverage | Up to 1:1000 (varies by region and asset) |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, FxPro Edge |
| Payment Methods | Visa, Skrill, Neteller, Bank Wire, PayPal (varies by region) |
| Account Types | Standard, Raw+, Elite, Spread Betting (UK), Islamic (Swap-Free) |
| Bonus | No deposit bonuses currently offered |
Regulation & Safety
FxPro is regulated by several reputable authorities: the FCA (UK), CySEC (Cyprus), FSCA (South Africa), and SCB (Bahamas). This multi-jurisdictional oversight ensures compliance with strict financial standards, making FxPro a safe choice. Client funds are segregated in top-tier banks, separate from company funds, and FxPro offers negative balance protection, so you won’t lose more than your deposit during market crashes—a huge relief for volatile trades! With a Trust Score of 93 (rated by ForexBrokers.com) and over 18 years in the industry, FxPro is highly transparent. However, some users have reported occasional withdrawal delays, so it’s worth verifying your account fully to avoid issues.
Trading Products
FxPro offers over 2,100 financial instruments, including:
- Forex: 70+ currency pairs (majors, minors, exotics like EUR/USD, AUD/NZD).
- CFDs: Stocks (2,000+), indices (e.g., S&P 500, DAX 40), commodities (gold, oil), metals, and energies.
- Cryptocurrencies: 28+ pairs (e.g., BTC/USD, ETH/USD), but not available to UK retail clients due to FCA regulations.
- Futures: 38+ contracts (e.g., cocoa, crude oil).
Highlights: FxPro’s forex and stock CFD offerings are impressive, with a wide range of global stocks and indices. However, it lags behind competitors like Swissquote (3 million+ products) in variety, lacking ETFs, bonds, and options. Crypto CFDs are limited, and the absence of social trading features (like eToro’s) might disappoint passive investors.
Trading Fees & Spreads
FxPro’s fees vary by account type:
- Spreads on Major Pairs: Standard accounts start at 1.2 pips (EUR/USD), above the industry average of 1.08 pips. Raw+ and Elite accounts offer raw spreads from 0.0 pips with a $3.50 commission per lot per side. cTrader accounts start at 0.2 pips with a $35 commission per $1 million traded.
- Commissions: Only on Raw+, Elite, and cTrader accounts; Standard accounts are commission-free with spreads built-in.
- Hidden Fees: No deposit fees, but withdrawals to PayPal after 6 months may incur fees. An inactivity fee of $10 applies after 6 months, followed by $10 monthly—something casual traders might dislike.
Compared to low-cost brokers like Fusion Markets (0.0 pips, $2.25/side), FxPro’s Standard account spreads are higher, but its cTrader and Raw+ accounts are competitive for active traders.
Account Types
FxPro offers several account types:
- Standard Account: Spreads from 1.2 pips, no commission—great for beginners.
- Raw+ Account: Raw spreads from 0.0 pips, $3.50 commission per lot—ideal for scalpers.
- Elite Account: Similar to Raw+, with rebates from $1.50 per lot for high-volume traders.
- Spread Betting (UK only): Spread-only pricing, suited for tax-free trading in the UK.
- Islamic Account: Swap-free, available upon request.
A free demo account is available to test strategies in live market conditions. Beginners will appreciate the Standard account, while experienced traders can opt for Raw+ or Elite for tighter spreads.
Trading Platforms
FxPro supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and its proprietary FxPro Edge:
- MT4/MT5: Industry standards with robust charting, EAs for automation, and support for forex, stocks, and futures (MT5).
- cTrader: Advanced charting, low spreads (from 0.2 pips), ideal for algo traders.
- FxPro Edge: Customizable web platform with one-click trading, great for spread betting (UK).
- Mobile App: Available for iOS/Android, revamped in 2024 with in-app deposits, economic calendar, and push notifications. It’s intuitive but lacks advanced analysis tools compared to MT5.
Pros: Versatile platform options and fast execution (under 12 ms).
Cons: FxPro Edge lags behind top proprietary platforms like IG’s, and MT5’s news tab can be buggy.
Deposit & Withdrawal Methods
FxPro supports multiple payment methods:
- Options: Visa, Skrill, Neteller, bank wire, PayPal (varies by region).
- Processing Time: Deposits are instant; withdrawals via e-wallets take 1 business day, while bank wires take 2–5 days.
- Fees: No deposit fees; withdrawals are free unless refunding to PayPal after 6 months or using e-wallets without trading (e.g., 2.6% fee).
Some users reported delays in withdrawals, so ensure your account is fully verified to avoid issues.
Customer Support
FxPro offers 24/5 support via:
- Channels: Live chat, email, phone, WhatsApp, Telegram.
- Experience: Support is available in 25+ languages, with quick responses via live chat. Agents are knowledgeable, but some users noted repetitive answers for complex issues like withdrawals.
FxPro’s multilingual support is a strong point for global traders, though response quality can vary.
Pros and Cons
| Pros | Cons |
|---|---|
| Regulated by FCA, CySEC, FSCA | Higher spreads on Standard accounts (1.2 pips EUR/USD) |
| Fast execution (under 12 ms) | Limited crypto CFDs, no ETFs/bonds |
| Versatile platforms (MT4/5, cTrader) | Inactivity fee ($10 after 6 months) |
| No deposit/withdrawal fees | No social trading features |
| Negative balance protection | Occasional withdrawal delays |
Who Should Use This Broker?
FxPro is a good fit for:
- Beginners: The $100 minimum deposit, demo account, and educational resources (e.g., Trading Central analytics) make it accessible.
- Experienced Traders: Raw+ and Elite accounts with raw spreads suit active traders.
- Scalpers/Day Traders: cTrader’s low spreads and fast execution (99.5% fill rate) are ideal for short-term strategies.
- Long-Term Traders: Islamic accounts and no swap fees on certain accounts support holding positions longer.
However, traders needing a wider crypto range or social trading might prefer brokers like eToro or Pepperstone.
Final Verdict
FxPro is a reliable choice for forex and CFD trading in 2025, especially for beginners and active traders. Its strong regulations, fast execution, and versatile platforms make it a standout, though higher Standard account spreads and limited asset variety are drawbacks. Despite some withdrawal concerns, FxPro’s 18+ years of operation and 2 million clients reflect its credibility. If you’re a trader seeking speed and platform flexibility, FxPro is worth trying.
Rating: 9/10
Ready to trade with FxPro? Sign up now and kickstart your forex journey!
