FXPro was established back in 2006 by a team of financial professionals in trading the financial markets. The broker offers Forex, CFDs, Commodities, Futures and Indices and embraces both experienced and beginner customers from over 120 countries.
FxPro is an ECN/STP broker with representative branches in France, Cyprus, Russia and UK. FxPro is regulated by the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).
During our FxPro review, we have tested all the available platforms of the broker. There are several types of trading platforms to choose from, based on your experience, expectations and personal needs.
MetaTrader 4 Platform
MT4 Multi Terminal
cTrader (innovative ECN platform) – powerful, user-friendly technology for higher level trading.
Web-based platforms (sequenced with MT4 and cTrader) – best suitable for beginners with easy interface and navigation.
Mobile platform for smartphones, tablets and iPhone
You have a selection of account types to choose from:
Demo Account – practice account is available for the newbies to test the platform and practice the strategies with a choice of virtual money amounts. The account is unlimited, meaning once you run out of money, you can request to replenish it.
Accounts can be funded in USD, EUR, CHF, EUR, GBP, JPY and PLN currencies. Minimum deposit requirement is $500 for MT4 and $1000 for cTrader. Payment methods include Wire Transfer, Credit/Debit Card, PayPal, Neteller, Skrill, Webmoney, FasaPay and MonetaRU (for Russian-speaking countries), CashU, Netbanx and mPay (for Chinese clients).
Depending on the platform you select, the spreads begin from 1 pip on majors on MetaTrader 4, with cTrader benefiting from raw spreads in addition to $6.5 per lot commission fee.
The available leverage for forex ranges from 1:1 to 1:500. MT4 traders can benefit from fractional prices and take advantage of expert advisors bringing much more profitable trading experience.
FxPro offers wide collection of video tutorials to help you improve and perfect trading performance and outcome. The broker brings insightful tips on strategies and forex success, along the side of how to use the trading platforms in the most efficient way.
FxPro also offers standard trading tools such as technical analysis and Forex news. There are also classic calculators such as a pip calculator, margin calculator and currency converter available for traders.
Customer assistance is available 24/5 during the trading hours via phone call, email, live chat and call-back form. The multilingual support includes the following languages: Arabic, Chinese, Greek, English, French, German, Hungarian, Italian, Japanese, Polish, Portuguese, Russian, Spanish, and Vietnamese.
FxPro’s contact page is filled with various phone numbers and different departments in charge. The representatives respond promptly with valuable and helpful information.
FxPro received prestigious awards from various financial sources and reviews, such as:
Best FX Service Provider 2014 City of London Wealth Management Awards
National Public Champion for Cyprus 2014 European Business Awards
Best Forex Trading Platform 2013 Investors Chronicle and Financial Times Investment Awards 2013
Best Forex Execution Broker 2013 QFX
Best STP Broker Europe 2013 International Finance Magazine Award