FxPro Review 2026
The Scorecard
Quick Take on FxPro
Operating since 1999, FxPro maintains regulatory licenses from authorities including the UK FCA and CySEC in Cyprus, alongside authorization in South Africa and the Bahamas. Its Straight Through Processing (STP) and market execution models support a wide platform ecosystem—spanning MetaTrader 4, MetaTrader 5, cTrader, and the proprietary FxPro platform—permitting automated strategies, scalping, and hedging without trade duration restrictions.
Trading costs differ significantly depending on the account. Standard accounts feature wider floating spreads averaging 1.3 pips on EUR/USD with no commissions, whereas Raw+ and cTrader accounts provide raw spreads from 0 pips paired with a $3.50 per lot per side fee. While the setup offers multi-platform execution for intermediate and experienced traders, documented user complaints regarding technical glitches and payment processing disputes represent an important operational factor.
Pros and Cons
pros
- Regulatory oversight from the FCA and CySEC, with segregated client funds and negative balance protection.
- Broad platform selection including MetaTrader 4, MetaTrader 5, cTrader, TradingView, and proprietary FxPro software.
- Unrestricted trading environment supporting scalping, hedging, news trading, and automated strategies.
- Raw-spread accounts offering spreads from 0 pips and a $3.50 per lot per side commission on FX and spot metals.
cons
- Standard account spreads run relatively wide, averaging 1.3 pips on EUR/USD.
- Recurring client feedback citing slow support resolution for technical glitches and delayed withdrawals.
- Ongoing inactivity charges on accounts left dormant for six months.
- High fixed annual overnight financing fee of 20% applied to cryptocurrency positions.
FxPro Review Summary
| Broker Type | STP |
|---|---|
| Regulation | FCA, CySEC, SCB, FSCA |
| Minimum Deposit | $100 |
| Maximum Leverage | 500 |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, Proprietary FxPro App, TradingView |
| Markets | Forex Pairs, Commodities, Indices, Futures, Stocks, ETFs |
Can You Trust FxPro?
5.0/5Who Regulates FxPro?
FxPro operates under the supervision of multiple regulatory authorities across different jurisdictions. In the United Kingdom, it is authorized by the Financial Conduct Authority (FCA) under license number 509956, while European operations are regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker also holds licenses with the Financial Sector Conduct Authority (FSCA) in South Africa and the Securities Commission of The Bahamas (SCB). These regulatory frameworks impose capital adequacy standards, corporate governance rules, and conduct obligations for retail and professional accounts.
How Your Money Is Protected
Client funds are kept segregated from corporate capital in accounts held with major international banks, preventing deposits from being used for operational expenses or business obligations. Retail accounts feature negative balance protection, which automatically resets negative balances back to zero if adverse market gaps occur. Eligible clients also have access to statutory investor compensation funds depending on their jurisdiction, and the firm's financial statements undergo external audits conducted by PwC.
Company Background and Track Record
Established in 1999 and headquartered at 80 Coleman Street, City of London, FxPro has provided STP execution for more than twenty years. The company maintains regional offices in the United Kingdom, Cyprus, the United Arab Emirates, and the Bahamas. As a privately held firm, FxPro is not listed on any stock exchange, maintaining a multi-decade operating history across evolving CFD regulations.
FxPro Fees Explained
4.0/5Trading Costs
Trading costs at FxPro depend mainly on whether an account uses spread-only pricing or raw spreads paired with fixed commissions. Standard MT4 and MT5 accounts bundle all costs into floating spreads, which average 1.3 pips on EUR/USD. Raw+ and cTrader accounts instead quote raw spreads from 0 pips alongside a commission of $3.50 per lot ($7.00 round turn) on forex and spot metals. CFD trading on indices, shares, and futures carries no separate commission, with expenses included directly in the spread.
| Asset | Typical Spread | Commission | Estimated Trading Cost |
|---|---|---|---|
| EUR/USD | 1.3 pips (Standard) / 0 pips (Raw+) | $0 (Standard) / $7.00 per lot round turn (Raw+) | $13.00 (Standard) / $7.00 (Raw+) |
| Gold | 15 points (Standard) / 0 points (Raw+) | $0 (Standard) / $7.00 per lot round turn (Raw+) | $42.00 (Standard) / $7.00 (Raw+) |
| S&P 500 | 0.7 points | $0 | $0.70 per contract |
Non-Trading Fees
Deposit Fees
FxPro charges $0 for inbound deposits across all supported funding methods, including bank transfers, cards, and payment processors.
Withdrawal Fees
FxPro charges a $0 fee for withdrawals, processing requests without internal broker deductions.
Inactivity Fees
A monthly inactivity fee applies to accounts left without trading activity for a rolling six-month period.
Overnight Financing
Positions open past 21:59 UK time incur swap rates based on interest rate differentials, with triple rollover applied on Wednesdays for FX and metals, and on Fridays across other markets. Cryptocurrency trades incur a fixed annual financing charge of 20% on both long and short positions. Islamic swap-free accounts receive an 8-day grace period without rollover fees on major currency pairs before daily administrative fees take effect.
Currency Conversion Charges
A conversion fee of 0.01% to 1% applies whenever deposits, withdrawals, or transactions involve a currency different from the base currency of the account or wallet.
Accounts Available at FxPro
3.9/5Standard Account
The Standard account provides an all-inclusive pricing structure without separate ticket commissions across MetaTrader 4 and MetaTrader 5. Floating spreads incorporate all execution fees and run wider than those on raw accounts. Account opening requires a $100 minimum deposit, with base currency choices including USD, EUR, GBP, CHF, JPY, PLN, AUD, and ZAR.
Raw+ Account
Built for traders who prioritize tighter spreads, the Raw+ account offers floating spreads from 0 pips alongside a $3.50 commission per side ($7.00 round turn per standard lot) on currency pairs and spot metals. The account requires a $100 minimum deposit.
cTrader Account
Centered on the cTrader platform, this account delivers STP market execution with raw spreads from 0 pips and the same $3.50 per lot per side commission on currencies and spot metals. It requires a $100 minimum deposit and fully accommodates automated trading via cBots.
Elite Account
The Elite tier is tailored for high-volume traders and larger balances, providing tighter spread markups alongside perks such as free VPS hosting. Trading is available across the broker's primary platforms with floating pricing.
Account Comparison
| Feature | Standard | Raw+ | cTrader | Elite |
|---|---|---|---|---|
| Minimum Deposit | $100 | $100 | $100 | $100 |
| Spreads From | 1.2 pips | 0 pips | 0 pips | Raw markups |
| Commission | $0 | $3.50 per side | $3.50 per side | Custom / reduced |
| Platforms | MT4, MT5, FxPro App | MT4, MT5 | cTrader | MT4, MT5, cTrader |
| Best Suited To | Discretionary swing traders | Active day traders and scalpers | Algorithmic cBot and copy traders | High-volume active traders |
Trading Platforms and Technology
5.0/5MetaTrader 4
Available on desktop and web, MetaTrader 4 connects to FxPro's STP market execution model without manual dealer intervention. The platform supports hedging, Expert Advisors for automated trading, and execution during major news events.
MetaTrader 5
MetaTrader 5 expands on MT4 with additional order types, built-in economic calendars, and broader technical charting tools. Accounts default to hedging mode, with netting available upon request.
cTrader
cTrader focuses on low-latency execution, delivering raw spreads from 0 pips, Level II market depth, and fill speeds free of requotes. The platform natively supports automated trading using C# cBots as well as integrated mirror trading.
Proprietary FxPro App & Edge
The proprietary FxPro Edge and FxPro Trading Platform suite provides web and desktop interfaces, including tax-free spread betting exclusively for UK residents. It offers access to over 2,100 CFD instruments through commission-free, spread-only pricing.
TradingView
FxPro integrates directly with TradingView charts, allowing clients to run technical analysis and execute orders straight from the TradingView charting interface.
Mobile Trading
Mobile access covers iOS and Android through dedicated MetaTrader and cTrader apps, alongside the FxPro Direct app, which integrates charting, account management, and payment processing into one interface.
Execution and Trading Tools
Orders execute via Straight Through Processing (STP) and Non-Dealing Desk (NDD) routing straight to liquidity providers, meaning trades may experience positive or negative slippage in volatile conditions. Traders can also access low-latency Virtual Private Server (VPS) hosting through BeeksFX in London Equinix data centers for $30 per month, waived for VIP account holders.
Algorithmic and Copy Trading
Automated trading is supported through MetaTrader Expert Advisors, C# cTrader cBots, PrimeXM FIX API connections, and RESTful Trading APIs. Social and copy trading are integrated directly through cTrader Copy, enabling users to follow strategy providers, review live performance statistics, and manage risk allocations.
Markets You Can Trade
2.8/5FxPro provides leveraged trading exclusively via Contracts for Difference (CFDs) across six main asset classes, covering more than 2,100 individual products. The broker does not offer direct physical asset ownership; positions are cash-settled derivatives tracking underlying market prices.
| Market | Instruments Available | Maximum Leverage | Minimum Trade Size | Key Restrictions |
|---|---|---|---|---|
| Forex | Major, minor, and exotic currency pairs | 1:500 (1:30 UK/EU) | 0.01 lots | Dynamic leverage decreases margin on large lot exposures |
| Stocks | US, UK, and European corporate CFDs | 1:30 (1:5 UK/EU) | 0.01 lots | CFD instruments only; extended US hours available |
| Indices | Global cash and benchmark index CFDs | 1:500 (1:20 UK/EU) | 0.01 lots | Varying trading hours and index point weights |
| Commodities | Metals (Gold, Silver) and Energy CFDs | 1:500 (1:20 UK/EU) | 0.01 lots | Triple overnight swap applied mid-week on metals |
| Cryptocurrencies | Cryptocurrency derivative pairs | 1:10 | 0.01 lots | Subject to a fixed 20% annual overnight rollover fee |
Beyond standard spot instruments, FxPro includes CFD contracts on Futures and exchange-traded funds (ETFs), allowing traders to take directional positions across agricultural commodities, index benchmarks, and sector equities.
Leverage, Margin and Risk Controls
Maximum Leverage
Maximum leverage reaches up to 1:500 on Forex and Gold through offshore entities such as the SCB in the Bahamas. Under UK FCA and EU CySEC oversight, retail leverage is restricted to 1:30 on major forex pairs, 1:20 on non-major FX and gold, and 1:10 on cryptocurrencies. FxPro also applies dynamic leverage, which automatically steps down available leverage as position size increases to manage exposure.
Margin Calls and Stop-Out Levels
A margin call is issued when account equity falls to 60% of required margin. Should equity drop further to the 50% stop-out level, the platform automatically liquidates open positions to protect the account from deeper losses.
Risk Management Tools
Mandatory negative balance protection applies to retail accounts, ensuring account equity cannot drop below $0 following sharp market gaps. Standard risk tools—including stop-loss orders, limit orders, and market orders—are available across all desktop and mobile platforms.
Deposits and Withdrawals
4.1/5How to Fund Your Account
Funding options include payment cards (Visa, Mastercard, Maestro), SEPA transfers, standard bank wires, and digital services such as PayPal, Skrill, Neteller, Wise, and Revolut. Crypto deposits are also accepted in Bitcoin, Ethereum, and Tether. The baseline minimum deposit across all methods is $100, with account currencies available in USD, EUR, GBP, CHF, JPY, PLN, AUD, and ZAR. Card and e-wallet payments typically reflect within 10 minutes, local bank transfers take roughly 1 business day, and bank wire transfers clear in 3 to 5 business days.
How Withdrawals Work
In accordance with anti-money laundering rules, withdrawals must return to the original payment method where applicable. FxPro charges a $0 internal processing fee. Turnaround times vary: e-wallets generally clear within 1 business day, local bank transfers take 1 to 2 business days, international bank wires require 3 to 5 business days, and card refunds may take up to 10 business days depending on the card issuer.
Deposit Methods
Withdrawal Methods
Customer Service
4.0/5Ways to Contact FxPro
- Live Chat available via website and mobile app
- Telephone: +44 (0) 20 7776 9720
- Email: [email protected]
- Social Messaging: WhatsApp, Telegram, and Messenger
- Operating Hours: 24/5 coverage
- Supported Languages: English, Spanish, French, German, Portuguese, Russian, Arabic, Chinese, Japanese, Korean, Polish, Hungarian, Thai, Vietnamese, Indonesian, Malay, Swedish, Greek, Czech, Romanian, Turkish, Slovak, Dutch, Hebrew, Mongolian, Persian, Tajik, and Uzbek
What Customers Say About FxPro Support
User feedback points to recurring challenges when resolving non-routine account issues. Traders frequently cite long resolution times and unhelpful communication when disputing trade executions or tracking delayed withdrawals.
Client reviews often note friction when raising technical questions or reporting platform freezes during periods of market volatility, reporting that support staff often decline manual adjustments and cite standard client agreement terms instead.
"UNPROFESSIONAL PRACTICES: Account #78815391. FxPro delayed my deposit on purpose until my trades were stopped out, leading to a $789 loss. I have documented evidence of their support agent admitting to 'Manual Interference' on my account."
"Platform Freezing & Heavy Loss (€10,375) FxPro platform freezes constantly during high volatility! MT4 account 1702293 suffered €10,375.08 losses due to execution errors and server freeze."
Research, Analysis and Education
4.4/5Market Research
FxPro offers daily market coverage to help traders follow global economic news. Resources include an economic calendar detailing macroeconomic data announcements, analytical blog articles, regular webinars, and live events focusing on fundamental and technical market trends.
Trading Education
Trader education centers on video tutorials, written guides, and educational articles. The curriculum covers foundational trading concepts, platform setup instructions, market mechanics, and core risk management principles.
Who Is FxPro Best For?
Beginners
A $100 minimum deposit, complimentary demo accounts, negative balance protection, and video guides make starting out straightforward. Even so, the 1.3-pip average EUR/USD spread on Standard accounts increases trading costs, and managing multiple platform options can prove overwhelming for novices.
Active Traders
For high-turnover strategies, the Raw+ and cTrader accounts provide raw spreads starting at 0 pips paired with a $3.50 commission per side per lot. Support for TradingView, MetaTrader 5, and tiered volume rebates reaching up to 15% help manage costs over frequent trading cycles.
Scalpers
Short-term strategies face no minimum holding periods or time restrictions at FxPro. Combined with non-dealing desk execution and zero requotes, the zero-pip spreads on raw accounts allow scalpers to capture quick price movements without artificial constraints.
Algorithmic Traders
Automated trading is supported through MT4 and MT5 Expert Advisors, C# cBots on cTrader, PrimeXM FIX API links, and RESTful Trading APIs. Those seeking minimal execution latency can also connect to optional BeeksFX VPS hosting within London Equinix data centers.
Experienced Traders
Veteran traders gain access to deep market depth, hedging flexibility, and leverage reaching up to 1:500 through international subsidiaries. The broker's multi-platform setup also permits complex multi-account configurations alongside custom API deployments.
FxPro vs Other Brokers
| Broker | Minimum Deposit | Platforms | Spread Type | Markets | Best For |
|---|---|---|---|---|---|
| FxPro | $100 | MetaTrader 4, MetaTrader 5, cTrader, Proprietary FxPro App, TradingView | Floating | Forex Pairs, Commodities, Indices, Futures, Stocks, ETFs | Intermediate and advanced traders seeking fast execution, a broad platform selection, and access to multiple CFD asset classes. |
| Pepperstone | $10 | Pepperstone platform, MetaTrader 4, MetaTrader 5, cTrader, TradingView | Floating | Forex Pairs, Indices, Commodities, Cryptocurrencies, Stocks, ETFs | Pepperstone is a strong fit for active forex and CFD traders who prioritize competitive pricing, a choice of trading platforms, and robust regulatory oversight. |
| Tickmill | $100 | MetaTrader 4, MetaTrader 5, MetaTrader WebTrader, Tickmill Mobile App, Tickmill Trader, TradingView | Floating | Forex Pairs, Stock Indices, Commodities, Cryptocurrencies, Stocks, Bonds | Tickmill is aimed mainly at active traders who prioritize keeping trading costs as low as possible. |
| XM | $5 | MetaTrader 4, MetaTrader 5, XM App, TradingView, WebTrader | Floating | Forex pairs, stocks, Shares, Indices, Commodities, cryptocurrencies | XM is best suited to beginner and intermediate traders who want strong educational support, low minimum requirements, and access to MT4 and MT5. |
Our Review Methodology
Our broker assessments follow a structured methodology that integrates primary broker disclosures, regulatory registries, fee schedules, hands-on platform testing, and third-party trader feedback. We systematically evaluate regulatory safety, fees, trading software, asset coverage, account conditions, leverage parameters, deposit and withdrawal processing, customer support quality, and research tools. Because trading conditions evolve, we verify factual details against primary documentation and note when policies are subject to change.
Our Verdict on FxPro
Operating under supervision from the UK FCA, CySEC, and regional authorities, FxPro distinguishes itself through its breadth of platform choices. Traders can deploy automated systems, scalping, or hedging across MetaTrader 4, MetaTrader 5, cTrader, and TradingView without arbitrary trading restrictions, supported by direct Straight Through Processing execution.
Account selection directly dictates trading efficiency here. Standard accounts carry higher baseline spreads averaging 1.3 pips on EUR/USD, leaving the Raw+ and cTrader tiers—with their $3.50 per lot per side commissions—as the realistic options for cost-conscious strategies. At the same time, persistent customer reports regarding slow dispute resolution during execution freezes or withdrawal investigations highlight an operational drawback that active market participants should bear in mind before funding an account.
Frequently Asked Questions
Is FxPro legitimate?
Open file Close fileYes. Established in 1999, FxPro is authorized by multiple regulators, including the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Securities Commission of The Bahamas (SCB).
How much money do I need to open an account with FxPro?
Open file Close fileOpening a live trading account requires a minimum deposit of $100.
Does FxPro charge commission?
Open file Close fileCommission applies only to certain accounts. Raw+ and cTrader accounts incur a commission of $35 per million USD traded ($3.50 per lot, per side) on Forex and spot metals, whereas Standard accounts incorporate trading costs into the spread with no separate commission.
Can I trade with FxPro on my phone?
Open file Close fileYes. Mobile apps are available for iOS and Android, including mobile editions of MetaTrader 4, MetaTrader 5, and cTrader, alongside the proprietary FxPro Direct application.
Can I use automated trading at FxPro?
Open file Close fileYes. Algorithmic trading is supported through Expert Advisors (EAs) on MetaTrader 4 and MetaTrader 5, cBots on cTrader, FIX API access, and optional VPS hosting.
How long does a FxPro withdrawal take?
Open file Close fileWithdrawal speeds vary by method. E-wallets usually clear within 1 business day, local bank transfers take 1 to 2 business days, bank wire transfers require 3 to 5 business days, and credit or debit card refunds can take up to 10 business days.
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