Fintopi
    Facebook Twitter Instagram
    Fintopi
    • Home
    • Loans
    • Trading Brokers
    • Contact us
    Fintopi
    Home » FxPro Review – Is FxPro.com a Reliable and Trusted Broker
    FxPro
    Regulated Brokers
    FinTopiAuthorBy FinTopiAuthorFebruary 9, 2023Updated:June 14, 2023No Comments9 Mins Read

    FxPro Review – Is FxPro.com a Reliable and Trusted Broker

    FxPro is a trusted company that is an award holder for the Most Trusted Forex Broker firm in the UK for 2017. This information alone should ring loudly, and tell about the security of your data and finances.

    Websites and applications that FxPro uses are simple to learn and user-friendly, all to make your trading experience straightforward and reliable.

    FxPro is well regulated and is a license holder in many countries- most notably UK, Cyprus, South Africa, and the Bahamas.

    This FxPro review is a reliable source of information for your brokerage needs. It will allow you to make a good decision quickly and start trading in a short amount of time, assuring that your finances are secure.

    Furthermore, we recommend that you read the reviews of these licensed brokers like LCG London Capital Group, Blackwell Global, and FXFlat.

    Table of Contents

    • FxPro Pros and Cons
    • Is FxPro Regulated? License and Security
    • Accounts Types Offered by FxPro
    • Trading Platforms Overview
    • Trading Instrument Available at FxPro
    • Deposits and Withdrawals Methods 
    • FxPro Customer Support 
    • FxPro Overall Summary
    • FAQs About FxPro Broker
    • Is the FxPro Platform Reliable?
    • How Long Does a FxPro Withdrawal Take?
    • Does FxPro Have a Live Chat Feature?
    • What Is the Minimum Deposit at FxPro?
    • Does FxPro Have a Mobile Trading Application?

    FxPro Pros and Cons

    FxPro use next-generation trading technology with ultrafast communication times lower than 14ms for execution, as well as some of the tightest spreads seen on the market today.

    One of many pros of trading with FxPro is the super tight spread of as little as 0.9 pips on more than 2100 different instruments. The technology that FxPro offers is unparalleled and implements high-quality solutions for your needs. 

    Trading software is the latest, including but not limited to MT4, MT5, cTrader, and a proprietary FxPro Platform with their own FxPro Trading App available on Android and iOS. All these reliable assets are well-rounded with multilingual customer service, and support teams ready 24/7. This also includes website live chat at any time.

    However, we wouldn’t be an honest trading platform reviewer if our staff hadn’t pointed out some drawbacks.

    International regulations apply to this brokering company. Regulating bodies include FCA for the United Kingdom, CySEC in Cyprus, South African FSCA, and Bahamas’ own SCB, yet FxPro offers differing conditions for various financial entities. 

    Some deposit methods aren’t available in some countries or regions, unfortunately. Education is also lacking when compared to the competition.

    Country of Regulation UK, Cyprus, South Africa, Bahamas
    Trading Fees Class Low
    Inactivity Fee Charged Yes
    Withdrawal Fee Amount No
    Minimum Deposit $100
    Time to Open An Account Several minutes
    Deposit with Bank Card Available
    Depositing with Electronic Wallet Available
    Number of Base Currencies Supported 8
    Demo Account Provided Yes
    Trading Platform MetaTrader 4&5, cTrader, FxPro Platform
    Products Offered Forex, indices CFDs, share CFDs, futures CFDs, crypto CFDs, CFDs on bonds, CFDs on valuable metals, CFDs on energy
    Customer support 24/7

    Is FxPro Regulated? License and Security

    FxPro as a broker holds full licenses and is compliant with standards and rules set by multiple jurisdictional regulators.

    FCA requires brokerage firms looking to start their business in the United Kingdom to invest no less than 750.000£ in order to start conducting business. The funds clients use are segregated and secure in different bank accounts which are further protected by additional security protocols. The broker is in this way prevented from misusing capital that isn’t in the company’s ownership.

    The leverage restriction of 1:30 is an important regulatory standard in the UK that reduces loss risks. FxPro also offers negative balance protection, which ensures that a client can’t lose additional funds and prevents any debt that might ensue.

    Similar conditions are imposed in Cyprus by CySEC. Because Cyprus is a part of EEA, additional MiFid rules will apply. Transactions are made transparent this way, which will ensure the client’s privacy protection.

    South African FCSA enforces constraints akin to bodies mentioned previously, but SCB from the Bahamas has some more slack regulations where licenses are concerned.

    Accounts Types Offered by FxPro

    What distinguishes FxPro from other brokerage companies is that you may access all the features their platform is offering with any account you create. These are some of the good points to creating an account with this firm in particular:

    • Account is quick and easy to open
    • Account has low minimum deposit amount
    • Islamic, as well as Micro accounts are available
    • Demo account is available, and easily switched with Live account at any time
    • They have access to a wide range of financial instruments
    • Base currencies that the account supports are EUR, USD, GBP, AUD, CHF, JPY, PLN, and ZAR

    What this means is that there are no unnecessary headaches when it comes to different choices of accounts and all the pros and cons of each and every one. This, in the end, is beneficial to the customer, and makes the choice when starting a business all that much easier.

    In order to begin your trading experience, you need to deposit as little as $100. Depending on your location and the types of assets you wish to trade, leverage can be as little as 1:30 for EU clients. It may go all the way up to 1:200 for international investors.

    Swap-Free accounts exist, as well as Raw Spread, and variable or fixed spread accounts are available.

    Swap-free accounts are beneficial for Islamic traders who wish to trade under Shariah. Beginners and analysts should note that transitions from Demo and Live trading on your account is seamless and with no added consequences, so you may easily switch from doing actual work and practicing or studying the market.

    This company does not charge any commission on withdrawals or deposits. This means that you won’t have to pay any extra fees when investing or collecting money from your account. You may deposit or withdraw currency from your account at any given time.

    Trading Platforms Overview

    FxPro allows for trading across all of the popular trading platforms, and also includes its own FxPro Trading Platform, with the same high-speed execution as the rest. These are some of the platforms offered:

    • MetaTrader 4
    • MetaTrader 5
    • cTrader
    • FxPro Trading Platform

    Most investors today will instantly recognize MT4 as the longest-standing trading platform of choice, dominating the market for more than 15 years. FxPro is no stranger on the platform and offers both the beginner and the professional investor a plethora of features. These include competitive spreads and some of the lowest commissions on the market.

    MT5, as a successor to the well-known MT4, is not just an improved version, but an entirely new trading platform. MT5 improves on user experience, with added features such as timeframes and strategy testers, more widgets, and additional indicators tailored to the needs of investors that are interested in trading more than just forex.

    Another high-quality trading platform on the market is cTrader, with minimum delay entry and execution, paired with Level 2 pricing. Backend execution is cutting edge and topped with a user interface that is both easy to navigate and visually impressive. This software works on all operating systems and platforms, and on various devices such as tablets, smartphones and personal computers.

    Proprietary software that is used exclusively by the company is of course FxPro Trading Platform. This application is also compatible with android, iOS and other operating systems. Developed especially for the modern competitive market, it offers advanced features created specifically to meet the client’s demands, all the while remaining convenient to use.

    Trading Instrument Available at FxPro

    Being an award-winning enterprise, FxPro is offering a large pallet of different instruments. Tradable assets are part of various categories.

    Here is a look at different asset groups:

    • More than 70 forex pairs with spreads from 0.9 pips and 1:200 leverage (EUR/USD, AUD/USD, GBP/USD, USD/CAD, USD/CHF, CAD/USD, EUR/JPY)
    • CFDs on 25 Indices with leverage up to 1:50 (UK100, US30, Swiss20, Euro50, HongKong50, Germany40)
    • Over 1000 global shares (Apple, Adobe, Chevron, Disney, Fox, General Motors, Honda, Nvidia)
    • Over 25 CFDs on Metals with leverage up to 1:200 (Gold, Silver, Platinum, Palladium, Copper, Aluminium)
    • CFDs on 30 Cryptocurrencies (Bitcoin, Ethereum, Dash, Litecoin, Ripple, EOS, Emercoin, Stellar, Polkadot)
    • CFDs on over 20 global commodity and indices Futures with 1:200 leverage (Natural Gas, USOil, Cocoa, Cotton, UK100, US100)

    Deposits and Withdrawals Methods 

    Making a deposit or a withdrawal for FxPro is possible through more than 15 channels that allow for great flexibility. Accounts update in less than 10 minutes for investing funds, and around 1 day for currency withdrawal.

    The most popular funding methods at IC Markets are as follows: 

    • Credit/debit cards (Visa, MasterCard, Maestro)
    • Wire Transfers 
    • Broker to Broker
    • E-wallets (Neteller, Skrill, PayPal and more)

    Once again a great benefit to users is that FxPro charges no deposit or withdrawal fees. Commission will be, however, charged by banks that process financial transfers.

    Technological limitations apply when conducting any business, and various finance methods have different processing times for various payment types. For instance, E-wallet and card payments may be instantaneous but wire transfers take up to a day.

    FxPro Customer Support 

    Support agents are available for FxPro customers 24/7 via either web live chat, return call or e-mail. There is no direct contact phone line, unfortunately.

    • Live chat can be accessed through the FxPro website at any time
    • Call back may be requested by providing your personal information on the site
    • E-mail address is available, and an e-mail can also be sent through a form on the site as well

    A client may access contact and other information about the company on their respective web site, under the “Contact Us” tab. This page contains addresses, landlines and fax numbers for all FxPro offices around the world. One can find their offices in London UK, Cyprus, Monaco, Bahamas, United Arab Emirates, and other locations.

    FxPro Overall Summary

    FxPro is a business that has been on the market for over 16 years and offers great conditions, advanced tools and instruments, and the latest technological solutions.

    The firm is regulated on an international level and holds a trading license in many countries that enforce strict regulations such as the UK, Cyprus, and South Africa. Besides that, the company also holds a license in the Bahamas and has multiple offices around the world.

    The broker offers some of the lowest spreads and lightest leverages on the market today. This is paired with top-notch business platforms such as MT4, MT5, and cTrader as well as their own FxPro Trading Platform. Customer support is available 24/7 and is there to answer your every question.

    Beginners and experienced brokers alike should note that FxPro offers a great diversity of platforms and instruments, complete with demo accounts for learning and analysis, or Swap-Free accounts for Islamic traders. 

    FAQs About FxPro Broker

    Is the FxPro Platform Reliable?

    FxPro is a reliable, award-winning platform in business for over 16 years.

    How Long Does a FxPro Withdrawal Take?

    Depending on the payment method, it may be momentary or take up to a day.

    Does FxPro Have a Live Chat Feature?

    The Live Chat feature for customer support is available 27/7, all year round.

    What Is the Minimum Deposit at FxPro?

    The minimum deposit is $100, however, the broker charges no deposit or withdrawal fees.

    Does FxPro Have a Mobile Trading Application?

    FxPro has a proprietary mobile trading, FxPro Trading Platform application that meets clients’ needs for trading on their specialized markets.

    FxPro Broker FxPro Regulated Broker Regulated Broker

    Want to trade?

    Wondering how to know if your broker is safe? How to avoid dealing with swindlers? We'll help you find the best broker that suits your trading style and skill level.

    Fill out the form to find the perfect broker for your trading needs! 100% Free advice.

    Auto Loans By State
    ‎Home Equity Loans By States
    ‎Mortgages By States
    ‎Personal Loans By State
    ‎Student Loans By State
    Auto Loans By State
    AL
    AK
    AS
    AZ
    AR
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    GU
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NH
    NJ
    NM
    NY
    NC
    ND
    MP
    OH
    OK
    OR
    PA
    PR
    RI
    SC
    SD
    TN
    TX
    UT
    VT
    VI
    VA
    WA
    WV
    WI
    WY
    ‎Home Equity Loans By States
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NJ
    NM
    NC
    ND
    OH
    OR
    PA
    RI
    SC
    SD
    TN
    UT
    VA
    WA
    WI
    WY
    ‎Mortgages By States
    WY
    WY
    WY
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NJ
    NM
    NC
    ND
    OH
    OR
    PA
    RI
    SC
    SD
    TN
    UT
    VA
    WA
    WI
    WY
    ‎Personal Loans By State
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NJ
    NM
    NC
    ND
    OH
    OR
    PA
    RI
    SC
    SD
    TN
    UT
    VA
    WA
    WI
    WY
    ‎Student Loans By State
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NJ
    NM
    NC
    ND
    OH
    OR
    PA
    RI
    SC
    SD
    TN
    UT
    VA
    WA
    WI
    WY
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    FinTopiAuthor
    • Facebook
    • Twitter
    • LinkedIn

    The FinTopiAuthor, who prefers to remain anonymous for now due to privacy reasons, has a bachelor’s degree in finance and over 10 years of experience in financial planning and bank loans. For the last 3 years, they’ve been working as a freelance copywriter in the niche of financial products, investing, and money lending, with the special attention to pros and cons of different loan types. Besides an interest in financial topics, they’re keen on traveling and various adventures.

    Related Posts

    Cuso Mortgage Review – Can You Depend on Their Advice?

    May 14, 2023

    Metro Credit Union Mortgage Review – Is it a Secure Option for Your Money?

    May 13, 2023

    Lyons Mortgage Services – An Overview of Services and Reputation

    May 12, 2023

    ‎Auto Loans In West Virginia

    January 27, 2023
    Add A Comment
    Leave A Reply Cancel Reply

    Table of Contents

    Table of Contents

    • FxPro Pros and Cons
    • Is FxPro Regulated? License and Security
    • Accounts Types Offered by FxPro
    • Trading Platforms Overview
    • Trading Instrument Available at FxPro
    • Deposits and Withdrawals Methods 
    • FxPro Customer Support 
    • FxPro Overall Summary
    • FAQs About FxPro Broker
    • Is the FxPro Platform Reliable?
    • How Long Does a FxPro Withdrawal Take?
    • Does FxPro Have a Live Chat Feature?
    • What Is the Minimum Deposit at FxPro?
    • Does FxPro Have a Mobile Trading Application?

    You Lost Money?

    Get Your Money Back

    Copyright © 2022-2023 Fintopi. All trademarks are the property of their respective owners.

    What's Hot

    Exteom Review: EU Traders Are Lured in Fraud Again
    June 14, 2023
    Immediate Edge Review: No Regulation, No Сonscience
    June 13, 2023
    When Is the Best Time to Buy a Car? A Comprehensive Guide
    June 12, 2023

    Company

    • Homepage
    • Sitemap
    • Privacy Policy
    Disclaimer: We do our best to ensure that the information on our site is up to date and accurate. This information may differ from what you see on the websites of the companies we mention. All products and services are provided without warranty of any kind. When evaluating offers, you should check the terms and conditions of the product and/or company and/or company. Trademarks, product names, logos and others mentioned on Fintopi are the property of their respective owners. The information we present is for educational purposes only and you should consult with a licensed financial professional before making any financial decisions.

    Type above and press Enter to search. Press Esc to cancel.