FxPro Review 2025

FxPro review
FxPro Awards

FxPro have won numerious industry awards over the 18 years they have been operating as a financial broker. We have listed the most notable awards and mentions for FxPro below.

• Best Regulated Forex Broker - FxEmpire - 2024
• Best Stock CFD Broker in Europe - FxEmpire - 2024
• Best Forex Provider - Online Money Awards - 2024
• Best CFD Provider - City of London Wealth Management Awards - 2024
• Best Online Broker (MENA) - BrokersView - 2024
• Best Mobile Trading App Global - UFAWARDS - 2023
• Best FX Service Provider - City of London Wealth Management Awards - 2023
• Best Corporate Social Responsibility - Professional Trader Awards - 2023
• Best Professional Trading Platform - Professional Trader Awards - 2023
• Best Forex Trading Platform - Online Money Awards - 2023
• Best Trading Conditions APAC - Ultimate Fintech Awards - 2023
• Best Online Broker ASIA - Global Brands Magazine - 2023
• Most Innovative Trading Platform MENA - Global Brands Magazine - 2023
• Best in Class of Algo Trading - ForexBrokers - 2023
• Best Corporate Social Responsibility - Professional Trader Awards - 2022
• Best Trading Platform - Shares Awards - 2022
• Best Value Broker - Fazzaco Business Awards - 2022
• Best Forex Provider - Online Money Awards - 2022
• Best Market Analyst (UK) - Global Brands Magazine - 2022
• Best Online Forex Trading Platform (UK) - Global Brands Magazine - 2022
• Best Broker (UK) - Ultimate Fintech Awards - 2021
• Most Transparent Broker (Global) - Ultimate Fintech Awards - 2021
• Most Trusted Broker (Global) - Ultimate Fintech Awards - 2021
• Best FX Provider - Online Personal Wealth Awards - 2021
• Best CFD FX Provider - Online Personal Wealth Awards - 2021
• Best in Class MetaTrader Broker - ForexBrokers - 2021
• Best Corporate Social Responsibility - Professional Trader Awards - 2021
• Best Brand Brokers - huiyou - 2020
• Best Customer Support - FxScouts - 2021
• Best Trading Platform - Shares Awards - 2021
• Best Trading Platform - Investors Chronicle & Financial Times Investment and Wealth Management Awards - 2020
• Best Forex Trading Platform Asia - Global Forex Awards - 2020
• Best Forex Trading Platform Africa - Global Forex Awards - 2020
• Best in Class MetaTrader Broker - ForexBrokers - 2020
• Best Mobile Trading App UK - International Business Magazine - 2020
• Best Brand Brokers - huiyou - 2020
• Best Broker in Investor Education - FX168 2020 Brokers Billboard (Asia) - 2020
• Best FX Provider - Ultimate Fintech Award - 2020
• Best Forex Service Provider - Shares Awards - 2020

FxPro review
FxPro Fees Explained

• FxPro doesn't charge withdrawal fees.
• FxPro does charge a fee for inactive accounts.
• FxPro doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from FxPro are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

FxPro Costs To Check

Modern brokers like FxPro provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, FxPro may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall FxPro trading profitability.

How FxPro Fees Compare Against Other Brokers

FxPro Minimum Deposit

FxPro requires a minimum deposit of 100 GBP/USD/EUR when opening an FxPro trading account.

A minimum deposit is the minimum amount of money required by FxPro to open a new online brokerage account with them.

Don't be scared off by brokers like FxPro charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like FxPro, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

FxPro Withdrawal Fees

FxPro doesn't charge withdrawal fees.

FxPro Withdrawal rules may vary across different brokers when it comes to transferring funds from your FxPro or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with FxPro may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the FxPro withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from FxPro. Researching and comparing FxPro withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing FxPro funds frequently or dealing with large sums of money. Awareness of these FxPro fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your FxPro funds.

For example, FxPro allows you to withdraw your funds to Bank Transfer, BROKER-to-BROKER, Debit Cards, Maestro, MasterCard, VISA, Skrill, Neteller, PayPal.

FxPro Inactivity Fees

FxPro does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by FxPro terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all FxPro fees and services. It's recommended that you check the FxPro website before signing up. If you decide to close your FxPro account, it's important to do so with the FxPro broker customer support and obtain confirmation that no remaining FxPro fees are due.

Brokers like FxPro must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

FxPro Deposit Fees

FxPro does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

FxPro Commission Fees

FxPro does charge commission on CFD instruments.

Brokerage firms like FxPro may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the FxPro trading account level held by the trader.

FxPro may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing FxPro terms and conditions to understand the commission fees and any other charges that may apply is essential.

FxPro review
Trading on FxPro web platforms and other applications

FxPro is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.

FxPro is one of a handful of brokers that offer the cTrader platform developed for traders. For a list of forex brokers that offer the cTrader platform, check out our comparison of MT4 brokers.

A FxPro iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.

FxPro also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See FxPro's platforms

Is the FxPro Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the FxPro trading platform to protect you on PC and mobile FxPro platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using FxPro web trading platforms.

FxPro Trading Platform Options

After logging into your FxPro account, you'll find a range of trading platform options available below.

• FxPro Edge Spread Betting
• FxPro Edge CFD
• FxPro MT4 Instant
• FxPro MT4 Fixed Spreads
• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)
• cTrader

Let's explore each of these trading platforms in detail and what options FxPro gives you.

FxPro offers many trading account types, each geared towards a different type of trader. All FxPro trading platforms offer a dark and white theme.

FxPro review
Trading with FxPro

FxPro Leverage Accounts

FxPro offers leverage options that vary depending on the client's jurisdiction, the specific financial instrument, and the trading platform used. For example, in the UK, under FCA regulation, the maximum leverage for major currency pairs is 30:1, while for minor currency pairs, gold, and major indices, it is 20:1. Other instruments have different leverage limits.

Please note that FxPro Edge Spread Betting accounts do support leveraged trading, with leverage ratios varying based on the instrument and regulatory requirements.

FxPro Dashboard

Once you are logged into your FxPro dashboard, you will have access to the various FxPro trading platforms and tools.

FxPro Research Tools

FxPro offers a suite of analytics tools to complement their trading platforms, including an economic calendar and, through their Squawk section, a selection of updated audio news feeds covering financial market news stories and reports. For example, traders can use the economic calendar to track key events like central bank interest rate decisions or GDP announcements, which can impact market movements.

FxPro Technical Analysis With Trading Central

For enhanced technical analysis resources, FxPro has partnered with Trading Central, a renowned provider of technical trading analysis, forex charts, and forex signals for active traders. This collaboration grants FxPro clients access to independent technical trading strategies across various markets, including forex, equities, indices, metals, and commodities.

These resources are integrated into FxPro's MetaTrader 4 and MetaTrader 5 platforms, ensuring that traders can make informed decisions with up-to-date analysis and tools.

FxPro Edge

FXPro Edge is a trading account that offers users CFD trading and Spread betting on Financial instruments.

FxPro Edge Tradable Instruments

FxPro Edge CFD accounts allow traders to trade the following financial instruments:

• Forex Majors (e.g., EUR/USD, GBP/USD)
• Forex Minors (e.g., EUR/GBP, AUD/CAD)
• Precious Metals (e.g., Gold, Silver, Platinum)
• Spot Indices (e.g., US30, UK100, GER30)
• Spot Energies (e.g., Brent Crude Oil, WTI Crude Oil, Natural Gas)
• Shares:
  • French Shares (e.g., TotalEnergies SE, L'Oréal)
  • German Shares (e.g., Volkswagen AG, Siemens AG)
  • UK Shares (e.g., Barclays PLC, BP PLC)
  • US Shares (e.g., Apple Inc., Microsoft Corp.)
• Futures:
  • Commodity Futures (e.g., Cocoa, Coffee, Corn)
  • Energy Futures (e.g., Natural Gas, Light Sweet Crude Oil)

FxPro Edge Creating Orders

Trading orders on the FxPro trading platforms are created with a few buttons. The UI is well designed, allowing traders to create and action market orders, and limit orders, including Stop Loss and Take Profit orders allowing tradings to take advantage of risk management trading features.

FxPro review
FxPro MetaTrader 4 (MT4)

FxPro MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on FxPro offers traders comprehensive features and tools to enhance their trading performance. The FxPro MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the FxPro platform to their needs. One of the standout features of MT4 is its charting functionality, which allows FxPro traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give FxPro traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 FxPro trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the FxPro MetaTrader 4 (MT4) trading platform. MT4 is a platform available with FxPro, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The FxPro MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. FxPro allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with FxPro in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. FxPro MetaTrader 4 is compatible with the latest macOS. FxPro allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on FxPro

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade FxPro MetaTrader 4 on iOS Devices

You can download the FxPro app or trade with FxPro through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. FxPro customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade FxPro MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and FxPro offers its clients access to the MetaTrader 4 platform on these devices. With the FxPro MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing FxPro traders to stay on top of their trades and react quickly to changes in the market. With the FxPro MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade FxPro MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on FxPro are a powerful bundle of three major indicators designed to help traders make informed decisions. FxPro MT4 Trading Central indicators include:

• Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
• Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
• Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help FxPro traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing FxPro traders to potentially stay one step ahead.

FxPro MetaTrader 4 Advanced Trading Tools

The FxPro MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give FxPro traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, FxPro provides traders with everything they need to succeed. The FxPro MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing FxPro traders to analyze the market at any level of complexity.

Trade FxPro MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

FxPro MetaTrader 4 & MetaTrader 5 AutoChartist

Autochartist on the FxPro platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for FxPro MetaTrader 4 and MetaTrader 5 Autochartist can scan the market using an expert advisor script.

With Autochartist, FxPro traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save FxPro users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. FxPro traders can navigate the platform and find the information they need to make informed trading decisions.

FxPro Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for FxPro traders of all experience levels.

FxPro review
FxPro MetaTrader 5 (MT5)

FxPro MetaTrader 5 (MT5) In Detail

FxPro MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, FxPro MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4.

MT5 on FxPro provides the convenience of using automated trading systems and copy trading, giving FxPro traders competitive research tools in the financial markets.

You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.

Trade FxPro MetaTrader 5 WebTrader

Access your FxPro MetaTrader 5 accounts from any web browser. MT5 on FxPro features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets.

FxPro review
FxPro MT5 Buying and Selling

FxPro MetaTrader 5 on iOS Devices

FxPro MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. FxPro MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.

FxPro MetaTrader 5 on Android Devices

The FxPro MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the FxPro trading server. Take the time to understand all of the FxPro Android MetaTrader 5 features. With FxPro MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.

FxPro Metatrader Mobile Application Features

MetaQuotes, the developers of Metatrader, have listened to the feedback of their millions of users and have built what has become one of the most popular mobile trading platforms in the world. MetaTrader features include :

• FxPro Financial instrument quotes
• View in-depth price charts of financial instruments with FxPro MetaTrader
• Manage trades and open positions on FxPro MT4 & MT5
• View your FxPro trading history
• View market news
• MetaTrader internal messaging on FxPro
• View and research market statics of FxPro financial instruments
• FxPro Position opening and closing
• Lookup symbols in the FxPro MetaTrader quotes section
• Display of deals on FxPro graphs
• FxPro Timeframe selection for graphs and charts
• Additional vertical scaling of FxPro graphs
• Capability to transfer FxPro accounts to other devices using QR codes
• Information is available only if it's supplied by FxPro
• Access the OTP generator through FaceID or fingerprint with FxPro

FxPro MetaTrader 5 Advanced Trading Tools

FxPro MetaTrader 5 has many advanced trading tools for more advanced users. Understanding these tools can give you a competitive edge.

• FxPro MT5 Depth of market bids and asks
• Financial Price Data on FxPro
• Margin Calculation, Futures, Forex on FxPro
• Advanced Techincal Analysis on FxPro MT5
• One click trading on FxPro MT5
• FxPro Spreads
• FxPro Futures
• FxPro Trading Reports

FxPro review
FxPro cTrader

FxPro cTrader In Detail

FxPro cTrader is a versatile trading platform supporting Forex and CFD brokerages. With various features, it caters to every investment taste.

FxPro offers cTrader Premium Charting and Manual Trading Platform

FxPro cTrader is a top-of-the-line multi-asset trading platform that provides advanced order types, charting tools, FxPro level II pricing, and fast execution. The FxPro cTrader platform's intuitive dashboard is accessible from various devices, making it a state-of-the-art infrastructure for FxPro traders.

cTrader Copy available on FxPro

FxPro cTrader Copy empowers everyone on the FxPro platform to share their investment and trading strategies for a fee or commission. FxPro cTrader users can search and replicate the approaches available when investing. Furthermore, FxPro traders can use their risk management configurations.

cTrader Automate available on FxPro

cTrader Automate allows FxPro traders to create algorithmic trading robots to automate financial trading plans. Dealers can use cTrader's contemporary C# API to write code within the FxPro cTrader IDE, which allows developers to optimize and test their financial robots.

cTrader Open API available on FxPro

Build your FxPro trading software using cTraders Open API. It is a free, secure and publicly available API for all. FxPro developers can use cTrader's mature infrastructure to construct desktop, mobile and online software. The open API allows FxPro trading developers to interact and interface with any FxPro cTrader account.

You can learn more about the cTrader Platform Here.

FxPro Trading benefits

• FxPro Allows scalping
• FxPro Allows hedging
• FxPro Low min deposit
• FxPro Offers Negative Balance Protection

FxPro Trading Accounts Offered

Below we give an overview of the account types that FxPro offer. Whatever you are looking to trade, the varying FxPro account types will be able to provide you with what you need.

• FxPro Demo account
• FxPro Mini account
• FxPro Islamic account

Can I try FxPro?

FxPro provides a demo account that enables individuals to explore trading before investing their funds. By creating a FxPro practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the FxPro demo account can help individuals to make informed decisions before investing their money.

Open a demo FxPro account to practice and trade.

75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider

FxPro withdrawal and funding methods

It's essential to remember that the payment methods provided by FxPro vary based on the FxPro entity and the FxPro client's country of residence. To view the FxPro payment options available, you can log into your FxPro member's area.

FxPro offers various funding payment methods listed in your FxPro dashboard if available in your region. To learn more about the FxPro funding and withdrawal options available in your area, you can explore the FxPro website.

FxPro provides several payment methods for funding your FxPro account. You may utilize any of these deposit options if they are available in your region. FxPro ensures that users have multiple payment methods to choose from, making it more convenient for verified FxPro account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the FxPro user's location. learn more about FxPro funding and withdrawal methods.

FxPro Payment Methods

Some FxPro payment methods are local and are available only to specific regions. FxPro account holders should check which payment methods are provided in your region.

• FxPro accepts Bank Transfer
• FxPro accepts BROKER-to-BROKER
• FxPro accepts Debit Cards
• FxPro accepts Maestro
• FxPro accepts MasterCard
• FxPro accepts VISA
• FxPro accepts Skrill
• FxPro accepts Neteller
• FxPro accepts PayPal

How can I start trading with FxPro?

To open a trading account with FxPro, individuals can sign up on the FxPro website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for FxPro account validation and making a deposit. Once completed, FxPro users can download the trading platform of their choice.

It's important to note that FxPro requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps FxPro maintain a trustworthy financial environment for its 7,800,000 users. Detailed information on the FxPro trading platforms is available on their website.

75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider

Performing trades with FxPro

The trading platform, FxPro, provides users various options regarding the minimum and maximum trade requirements. These requirements are determined based on the specific instrument being traded and the preferences of the individual trader. This flexibility allows traders to tailor their trading experience to their unique needs and investment goals.

FxPro, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like FxPro can be useful for traders starting or with limited capital.

One of the FxPro platforms notable features is its claim of having no requotes, which means traders need not be concerned about slippage when executing trades (i.e., trades being executed at a price different from the intended price). No requotes can provide FxPro traders with greater confidence and peace of mind when trading on the FxPro platform. It's worth noting, however, that other factors, such as market volatility and liquidity, can still affect the execution of FxPro trades.

Like other brokers, FxPro margin requirements can differ depending on the traded instrument.

FxPro offers traders several risk management tools and features, such as Technical analysis, Fundamental analysis, Diversification of portfolio, Negative Balance Protection, Stop losses (with trailing stop loss orders), Position sizing techniques, Price alerts, Position sizing techniques, Limit orders, Hedging strategies, amonst others. You can learn more about FxPro, and see all of the FxPro account features on the official FxPro website.

CFD Trading on FxPro

We will show you an example of the basics of using FxPro leverage.

CFD trading on FxPro allows traders to speculate on the price movements of various financial instruments against the broker FxPro, without actually owning real assets. With CFDs, FxPro traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

FxPro provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, FxPro leverage profits and losses are magnified when trading. For instance, using CFDs, you use the FxPro trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, FxPro leverage magnifies both profits and losses in trading.

Trading CFD trades on the FxPro platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced FxPro traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider

Limiting Your Risk When Trading with FxPro Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like FxPro. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a FxPro trading position does not go in your favour, this is where negative balance protection comes in handy.

Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, FxPro trading losses are always limited to the current balance of funds in the trader's account.

Even if an FxPro trader experiences a significant loss, they will never owe more money than what is available in their FxPro account balance.

It's important for FxPro traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that FxPro losses are limited to the funds available in your FxPro account when negative balance protection is in place.

Limit Risk When Trading with FxPro Stop Loss, FxPro Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as FxPro . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for FxPro traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an FxPro trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide FxPro traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with FxPro, you must actively monitor your live trading portfolio and financial exposure on FxPro.

Education Resources at FxPro

FxPro offer educational resources which include FxPro Webinars, Online courses, Videos, News, Analysis and Education. Please bear in mind that these resources provided by FxPro do not guarantee any results when trading. When we checked on the FxPro website, these educational resources were not available in every language. Also some financial instruments mentioned in any FxPro educational resources may not be available in your region.

To trade effectively with FxPro, it's important to have a good understanding of the FxPro trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with FxPro and externally.

FxPro . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with FxPro. Familiarizing yourself with the FxPro trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using FxPro. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with FxPro involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like FxPro, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with FxPro. Explore the FxPro platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with FxPro, before live trading.

Customer Support at FxPro

As part of our FxPro review, we review customer service options, response times and problem resolution effectiveness on the FxPro trading platform. The FxPro trading platform supports multiple languages, which includes Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Vietnamese, Greek, Malaysian, Thai, Turkish, Romanian, Czech, Slovak .

FxPro Available Support Types

FxPro has a triple AAA grade support and customer service rating because they offer various range of languages, live chat, and email support.

FxPro customer service supports multiple languages from all over the world. Having a broker that can hire people from various locations worldwide who can better communicate with you in your local language is a huge advantage when dealing with issues.

Your customer service experience with FxPro has to be positive for you to effectively trade the financial markets on the FxPro platform. FxPro should answer all of your questions and your FxPro platform issues are solved. When an FxPro customer has any queries regarding FxPro, the FxPro customer support team should take these issues seriously and offer a quick and effective solution. FxPro has a great client support team, so we have rated their customer service highly.

Livechat Support at FxPro

We experienced fast and responsive support from FxPro

At FxPro, customer support is a top priority. We put their live chat to the test, reaching out through both their app and website. We were pleasantly surprised to receive a response within three minutes. Don't take our word for it. Test the chat service yourself. A responsive chat service from FxPro should be a positive support experience for all FxPro users, saving you from waiting days for an email response.

We also tested communicating with FxPro support in various languages and countries. The FxPro help centre quickly resolved our customer issues.

Email Support at FxPro

As part of our review process, we wanted to test the email support offered by FxPro. We sent 25 emails at different times and were impressed with the response times. We received the fastest response in less than 2 minutes, and the slowest response was 3 hours. While your experience may vary, our testing shows FxPro has excellent email support overall.

The support team quickly and efficiently resolved all of our queries. Overall, we were very satisfied with the email support provided by FxPro. If you're looking for a broker with reliable email support, FxPro is worth considering.

Phone Support at FxPro

Our experience with FxPro phone support was positive. When we called, the team answered our call promptly, in less than a minute.

During the call, we tested the multilingual FxPro team by speaking in different languages, and they made an effort to answer our queries in each language.

The phone support team successfully resolved our questions and issues over the phone. Overall, we found the phone support from FxPro good.

See how FxPro Support Compares Against Other Brokers

What you will need to open an account with FxPro

As FxPro is regulated by FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) .

As a new client of FxPro, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with FxPro in your region. During the FxPro account opening process, you will be asked to provide FxPro with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with FxPro have the following documents available.

• FxPro require a scanned colour copy of your passport, driver's license or national ID card.
• A recent utility bill or bank statement that confirms your residential address for FxPro compliance. This must be dated within the last six months.
• If you plan to fund your FxPro account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the FxPro platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under FxPro Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring FxPro's platform.

However, remember that you won't be able to make trades on FxPro until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the FxPro KYC compliance process as soon as possible to avoid any delays in accessing the FxPro platform's features.

It is important to note that FxPro may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the FxPro platform and features immediately. However, you must pass the verification process to start live trading with FxPro, which can take up to a few business days.

To start the process of opening an account with FxPro you can visit the FxPro trading platform here.
75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from http://www.fxpro.co.uk/ on November 18, 2024.

Watch this FxPro Explainer Video

FxPro review written by Andrew Blumer and Mark Hansen