FxPro Review

Regulation and safety of funds

FxPro operates through several regulated entities depending on where a client signs up. FxPro UK Limited is authorised by the FCA (license 509956), and FxPro Financial Services Limited is authorised by CySEC (license 078/07) and licensed by South Africa's FSCA. Clients from outside the EU and UK are typically onboarded through FxPro Global Markets Limited, regulated in the Bahamas (SCB) and Seychelles (FSA), which offer weaker investor protections than the FCA or CySEC entities.

Client funds are held in segregated accounts, and FCA/CySEC clients benefit from statutory compensation schemes up to local limits. Traders should check which entity they are onboarded under before depositing, since protections differ materially between the UK/EU arms and the offshore ones.

Fees and spreads

FxPro offers commission-free Standard accounts with EUR/USD spreads from around 1.2 pips, and Raw+ accounts with spreads from 0.0 pips plus a per-lot commission (roughly $3.50 per lot per side). cTrader accounts follow a similar raw-spread-plus-commission model. Costs on Standard accounts and on metals/crypto CFDs tend to run higher than industry averages, so active traders are generally better served by Raw+ or cTrader.

There are no deposit or withdrawal fees from FxPro itself, though a one-off and then recurring inactivity fee applies to accounts left dormant for an extended period.

Platforms and tools

FxPro supports MetaTrader 4, MetaTrader 5, cTrader, and its own FxPro Edge web and mobile platform, giving traders more platform choice than most brokers. Add-ons include Autochartist, TradingCentral market analysis, and copy-trading integrations through third parties like DupliTrade.

Execution is no-dealing-desk (NDD), and independent tests report fast order fills, which matters for scalpers and algorithmic strategies. The proprietary FxPro Edge platform is functional but less feature-rich than platforms from some competitors.

Deposits and withdrawals

FxPro accepts bank transfer, debit/credit cards, and e-wallets including PayPal, Skrill and Neteller, alongside cryptocurrency funding in some regions. FxPro does not charge deposit or withdrawal fees, and card deposits are usually processed instantly.

Withdrawals must generally return to the same method used for the deposit, which catches out traders unfamiliar with the policy. Independent review sites report a mix of fast withdrawals and cases of multi-day delays, so it is worth budgeting extra time around a first withdrawal.

Customer support

Support is available 24 hours a day, five days a week via live chat, phone, and email, in more than 20 languages. FxPro also has a UK office phone line and regional contact numbers for other markets.

Reviewers generally rate day-to-day support positively but note that response times can slow down when a client raises a withdrawal dispute or account issue, which is a common theme in negative Trustpilot reviews.

Who is it for

FxPro suits traders who want a well-regulated, long-established broker with a genuine choice of trading platforms, particularly those using MT4/MT5 expert advisors or cTrader algorithms. Its NDD execution and instrument range also appeal to active and semi-professional traders.

Cost-sensitive beginners may find better all-in pricing on Standard accounts elsewhere, and anyone onboarded through FxPro's offshore entities should weigh the reduced regulatory protection against the broker's trading conditions.