Established in 2006, FxPro is definitely in the top tier of global forex brokers, with a large global footprint and broad client base.
In 2010, FxPro UK Limited was granted regulation and licensing by the UK’s Financial Conduct Authority and opened its London office. FxPro Financial Services Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) and authorized by the Financial Services Board.
FxPro Account Types
FxPro offers demo accounts for MT4, MT5, and cTrader platforms, as well as live trading accounts for MT4, MT5, cTrader and FxPro SuperTrader.
Additionally, this broker offers specialized services for account managers and VIP clients.
The recommended minimum initial deposit is $500 for MT4 and MT5 traders and $1,000 for cTrader accounts. Nevertheless, traders can deposit as little as $100 each time. Both deposits and withdraws can be made using a variety of options, including bank wire transfers.
A demo account is the best way for beginners to explore trading. The demo account’s functionality is similar to the real account, with the exception the trading is performed with virtual money. FxPro demo accounts are completely free, with a maximum demo balance of 500,000.
Commission and spreads
Traders at FxPro are enabled to enjoy some of the best trading conditions that are available in the industry.
For the spot forex market, spreads for the major currency pairs start from as low as 1 pip. CFD traders do not have to pay any spreads but a commission fee of $45 is charged for every 1 million USD traded. Considering leverage, it can go as high as 500:1.
Customer support and reliability
Support at FxPro is available 24/5. To ensure that their traders get the highest level of attention from their support team, multi-lingual support is provided.
To access the support services, traders can contact customer support via email, live chat or telephone.
In terms of reliability, FxPro has proven themselves by winning numerous awards such as Best Forex Trading Platform 2013, Best FX Broker 2014 and Best FX Service Provider 2014.
FxPro used to be a market maker for many years. In 2012, the broker decided to operate utilizing an agency model. FxPro has made transparency the cornerstone of its business model, and as one of the leading global brokers in the market has campaigned to encourage this in the wider forex industry.
FxPro offers CFDs on 6 asset classes, including forex, shares, spot indices, futures, spot metals and spot energies. Over the years, the broker has received more than 40 awards for innovative products and professional trading conditions.
When you create an account with FxPro, you are choosing a broker that is interested in your development as a trader. If you strive to be with the best, then fxPro may be the broker for you.