FXProFxPro is an award-winning Forex broker established last 2006 in Cyprus. Since established, FxPro has offered clients a wide array of trading choices and features despite its smaller size compared to other online brokers. 

They are very much popular with their transparency and one of a kind customer service which makes their client’s trading experience way easier and more convenient.

Basic Information On the FxPro Broker

  • Regulator – CySec, MiFID, FCA
  • Trading Platforms – MT4, MT5, FxPro WebTrader, cTrader
  • Available since – 2006
  • Minimum deposit – $500
  • Leverage – Up to 1:500
  • Spreads (& commission)– 0.6pips 
  • Minimum trade size– 0.01 lot
  • Demo account – Available
  • Mobile Trading– Available
  • Trade Signals – Automated Trading.
  • US Clients – No
  • Islamic Account – Yes

AssetMagnate Rating: 

Trading Platform 

There is a wide variety of trading platforms that FxPro clients can choose from. All on all, there are 9 trading platforms offered, but 4 of them are especially made for mobile trading. 

The MT4 trading platform offered to clients is more suitable for those who are just new to trading because it features a larger buy and sell button and it has lesser focus on charting tools. 

MT5 was offered to clients by FxPro last 2015 for a more advanced trading experience. MT5 is a trading platform that can be customized in accordance what the client wants. 

The FxPro WebTrader makes switching between platforms easier for clients which means that they can trade with any computer. They can trade wherever they are as long as they have the computer and internet connection when they use this trading platform. 

On the other hand, cTrader is an Electronic Communication Network or ECN, which is a powerful and user friendly trading platform which allow clients to trade at a higher level. 

Mobile Trading 

Aside from the platforms mentioned above, FxPro also offer clients trading.g feature which they can download in their smartphones for them to trade in just a click  of a finger. The FxPro mobile trading features an economic calendar, real-time quotes, charts and so much more. 

Account Types

FxPro offer five account types which clients can choose from. These are the following: 

  1. FxPro MT4 – floating spread
  2. FxPro MT4 –  fixed spread 
  3. FxPro MT5 – floating spread with market execution 
  4. FxPro cTrader – floating spread with market execution 
  5. FxPro Super Trade – an investment account which allow allow clients to have an access in the FX market without trading manually. 

Demo Account

FxPro demo account is offered to clients who wants to try the MT4, MT5 or cTrader accounts. The demo account has an initial deposit of 500,000 virtual money with a leverage starting from 1:1 to 1:500. 

Minimum Deposit

In order to open an account with FxPro, a minimum of $500 is required. If a client the amount all at once, he or she can deposit as little as $100 at a time. 

Payment Methods 

A client can withdraw or deposit with FxPro are the following means: 

Credit or debit card, Neteller, PayPal, Skrill, WebMoney, FasaPay, MonetaRU, CashU, NetBanx, and mPay.

Maximum Leverage

FxPro offer clients a competitive leverage which can go as high as 1:500 which clients can capitalize on the risk of the market. The client can also minimize it, it all depends on how he wants it to do. 

Spreads and Commission 

FxPro clients enjoys a spread of 0.6 pips with no commission. This is considered as a competitive spread in the Forex trading industry.

Regulation and License 

FxPro is under the regulation with strict and prestigious groups – CySec, MiFID, and FCA. These regulatory bodies are very much known with their stitch regulations and guidelines which FxPro is mandated to follow. 

Customer Service 

FxPro has support bases in over 23 countries which offer toll-free call for their clients. They offer customer assistance for 24 hours during the 5 working days. 

Clients who wish to contact FxPro may visit their website to get their contact details. 

Benefits of Trading with FxPro

Trading with FxPro has a lot of benefits which clients enjoy. Among these benefits are the variety of trading platform choices and a number of trading accounts where they can choose from. They also get the benefit of a more advanced and transparent trading experience offered by FxPro. FxPro is also under the regulation of prestigious regulators, thus clients are ensured of their safety when trading. 

Pros

  • Variety of trading platform 
  • A lot of trading account choices 
  • User friendly trading platform 

Cons

  • High minimum deposit

Conclusion

FxPro is an online broker that traders, especially those who are new in the field must try. The features aren’t unique but it offers everything that a client needs when trading. Such features are very useful for traders of all levels.