FxPro Review is one of the best forex brokerages online. The platform allows traders around the globe to trade with a wide range of currencies, stocks, indices, commodities, and options.
Since its founding in 2006, FxPro has been consistently listed as one of the top brokers by independent industry sources.
FxPro’s reputation has been built on their approach to client service, their outstanding trading platform, and their dedicated team of experienced and knowledgeable financial professionals. These professionals include CFD traders, Forex traders, and software developers. In fact, FxPro has a team of traders who have been trading on the platform since the beginning. FxPro is committed to continuing to provide its clients with a trading platform that is robust, user-friendly, and filled with features.
FxPro is an award-winning broker. They have won the prestigious “Best Forex Broker” award at the Forex Magnates Awards, the “Best Forex Broker of the Year” award at the CFD Awards, and the “Best CFD Broker” award at the CFD Awards.
FxPro has a unique partnership with MetaTrader, the industry-leading trading platform, to offer clients the ability to trade on their platform with a fully integrated mobile app. This partnership offers clients the ability to trade with their preferred platform using a single login.
Fees
Fees and Spreads
Fees and spreads are very important when considering a Forex Broker. Fees and spreads are not always transparent, and traders often do not know how they are calculated.
Trading fees
FxPro’s trading fees and FxPro financing ratesare low.
Spread
In simple words, spreads are the difference between the assets’ ask price and bid price. If the buy price of the share is USD 60 and you and the selling price of that particular share is USD 40, then you will suffer a loss of USD 20. This is the spread cost. The spread is wider; you will face more loss. In most cases, spreads are used as a commission.
FxPro brokers charge a certain amount of commission. Sometimes it can be flat per trade, or sometimes it can be calculated based on trade volume
Currency conversion fee
FxPro will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account
FxPro non-trading fees
When it comes to looking at all the non-trading fees FxPro is an average broker. This means that some of the non-trading fees are high, but the others are low or not charged at all.
Non-trading fees include various brokerage fees and charges at FxPro that you pay not related to buying and selling assets
FxPro deposit fee
Deposit fees are applied when you send money to your trading account from your bank account. FxPro don’t charge money for that.
FxPro withdrawal fee
FxPro does not charge a withdrawal fee.
FxPro inactivity fee
FxPro has low inactivity fee.
Deposits & Withdrawals
USD | EUR | GBP |
$1000 | €1000 | £1000 |
Payment Method | Funding | Withdrawals |
Bank Transfer Broker to Broker | FREE FxPro does not charge for bank wire transactions. However, the sending and correspondent bank may charge according to their own fee structure. | FREE FxPro does not charge for bank wire transactions. However, the sending and correspondent bank may charge according to their own fee structure. |
Visa Maestro Mastercard | FREE | FREE |
Skrill | FREE | FREE |
Neteller | FREE | FREE |
Union Pay | FREE | FREE |
1 Allow up to 1 hour. FxPro shall not be held liable for any delay of processing if that delay is out of the control of FxPro.
2 Days are for indicative purposes and FxPro shall not be held liable for any delay of processing if that delay is out of the control of FxPro. FxPro’s finance department works Monday to Friday 7 a.m. – 4 p.m. UTC.
Withdrawals methods on the FxPro
As an illustration, if you have funds in your FxPro Wallet, you can withdraw them to your trading account for the purposes of trading. The withdrawal is then processed in real time.
As a result, the use of the FxPro Wallet will help you to take advantage of the most suitable exchange rate for your trades, as well as to monitor the exchange rate of the FxPro Wallet at any time.
With the FxPro Wallet, you can:
Monitor the exchange rate of your FxPro Wallet in real time
Transfer funds between your FxPro Wallet and your trading account at any time
Track your FxPro Wallet balance in real time
FxPro Wallet also gives you the opportunity to track the movement of your FxPro Wallet balance in real time. It will enable you to identify the impact of transactions, including those that you make with other FxPro Wallet users.
When you use the FxPro Wallet, you will have access to a unique number that you can use to contact us for any issue or to make changes to your account. This number is always available to you, and it can be found in the “Help” section of the FxPro Wallet.
Payment Methods and Processing Times
RECOMMENDED MINIMUM AMOUNT
USD | EUR | GBP |
$1000 | €1000 | €1000 |
Payment Method | Funding | Withdrawals |
Bank Transfer Broker to Broker | Time taken for the transfer to reach our bank will depend on the banks involved. Credited funds will then be transferred to your FxPro trading account within one working day. | 1 Working Day2 |
Visa Maestro Mastercard | Usually within 10 min1 | 1 Working Day2 |
Skrill | Usually within 10 min1 | 1 Working Day2 |
Neteller | Usually within 10 min1 | 1 Working Day2 |
Union Pay | Usually within 10 min1 | 1 Working Day2 |
1 Allow up to 1 hour. FxPro shall not be held liable for any delay of processing if that delay is out of the control of FxPro.
FxPro Trading Platform
One of the advantages of trading with FxPro, is the variety of platforms and account types that they offer. Not only do they provide a range of top-grade trading platforms, like cTrader, Metatrader 4, Metatrader 5 & proprietary solution, but they also offer different trading conditions, allowing for a more personalised experience, tailored to investors’ specific preferences.
With more than 2100+ CFD assets in 6 different classes, quality execution, advanced online trading tools, and trading systems, they have got something that will meet everyone’s demands!
Markets
Forex Trading : Trading CFDs on 70+ FX pairs and benefit from tight spreads and fast order execution.
Future Trading: Trade CFDs on Futures from around the world
Spot indices trading: Trade CFDs on popular Indices from across Europe, Asia and America.
Share & Stock Trading: Trading CFDs on thousands of global shares and benefit from ultra-fast order execution and competitive trading conditions. Trading CFDs on shares of some of the largest and most popular companies in the US, UK, and EU.
Precious metal trading: Trading CFDs on Spot Metals
Trade CFD’s on Energies: Trading CFDs on Spot Energies such as Brent oil, WTI and Natural Gas.
Cryptocurrency CFD’s trading: Trading CFDs on Cryptocurrencies and benefiting from tight spreads and fast order execution.
FxPro Trading Platform for mobiles
The FxPro app provides an all-in-one solution, allowing you to manage your accounts, manage funds & Trade from the integrated platform – all from the comfort of one application!
- Available for iOS and Android
- Fast sign up
- Integrated trading platform
- Interactive economic calendar
- Open and manage accounts
- Deposit, transfer and withdraw
- Volatility Push notifications
FxPro Trading Platform for desktops
The online web platform allows convenient access to your FxPro EDGE Accounts directly from your browser with a highly customisable interface and advanced trading widgets.
- 50+ technical indicators and charting tools
- Detachable chart windows
- Useful trading widgets
- Customisable layout
- 6 chart types with 15 timeframes
- Dark / light themes
FxPro Mobile Application
Thus, FxPro has created a new FxPro App for Android, which offers the same great features and functions as the FxPro App for iOS.
The app allows you to:
Trade directly from your Android device
View live market data
Create and manage your own personal portfolio
Stay up to date with the latest economic events
In addition, you can now also view the latest FX news from Bloomberg directly on your Android device, including live news, economic calendar and data from the New York and London markets.
The FxPro App is available now in the Google Play store for Android devices.
The FxPro App is available in the Apple App Store for iOS devices.
The FxPro App for iOS and Android allows you to:
Trade directly from your iOS or Android device
View live market data
Create and manage your own personal portfolio
Stay up to date with the latest economic events
In addition, you can now also view the latest FX news from Bloomberg directly on your iOS or Android device, including live news, economic calendar and data from the New York and London markets.
The FxPro App is available in the Apple App Store for iOS devices.
Customer Support
FXPro has a very responsive customer support team, and they have been very helpful.
Education
It provices free Forex trafingonline coruses for beginers and for more advanced users. This is supported via videos and articles.