FxPro

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FxPro

Summary

This FxPro review gives you all the key facts you need to decide if it’s the right platform for your money. 

Advantages:
Disadvantages:

Let me tell you the Story

Among its 85+ global awards, FxPro is the official partner of the McLaren F1 team with 3 different subsidiaries. Users can access various trading platforms including MetaTrader 4, MetaTrader 5, cTrader and FxPro Trading Platform for mobile and web. With this all-in-one trading platform, you’ll have access to 50 technical indicators, a customizable layout, and other advanced tools.

Fees

Depending on the market traded and the account type opened, FxPro charges different fees and makes money mostly by charging commissions, swaps, and spreads.

Deposits & Withdrawals Review

Advantages:
Disadvantages:

FAQ

With a debit or credit card, you can make the deposit instantly. A bank transfer takes 3-5 business  days.

  1. The bank withdrawal and all withdrawals are being processed within 1 working day by FxPro, however depending from the payment methods used it can take between 2 to 5 working days for bank transfers, up to 7 working days for card withdrawals.

It is necessary to deposit a minimum of $100.

There’s a minimum limit of $100.

You may be subject to charges from banks involved in bank transfers, however FxPro does not charge any fees or commissions on deposits or withdrawals. If you haven't traded, you may inactive charges for withdrawals from e-wallets.

the  requirement for FxPro withdrawals: they must be to your own name.

Accounts Type Review

FxPro offers several account types to fit the needs of every type of trader. The accounts have different features and benefits. If retail clients meet certain criteria and pass the financial market knowledge test, they could be reclassified as professional clients.

Traders can open an account by clicking Register on the broker’s website and completing a four-step process that includes registration, uploading documents for verification, funding the account, and trading. The user will be redirected to the FxPro client portal area, called FxPro Direct, to complete the application, which will ask for personal information, residential address, employment information, financial information, trading experience, and a knowledge test.

Assets Review

  • Forex
  • Crypto
  • Futures
  • Shares

Trading currency pairs on global Forex markets is what FxPro can provide you with. Trade with more than 70+ FX pairs 

Trade with more than 30+ Cryptocurrencies with FxPro

Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, XRP, Litecoin, Dash, Stellar Lumens, NEO, EOS, Cardano, IOTA, Zcash, TRON, Tezos, Dogecoin, Uniswap, and Chainlink are currently available for to trade.

FxPro can offer 20+ Futures to trade with. Coffee, Corn, Suger, UKOil and more

Stock shares trading is offered by FxPro. All clients are eligible for trading in US stocks. You can also invest in the shares of some of the largest companies in the in the UK, France and Germany. 

Regulation

  • FxPro UK Limited authorised and regulated by the UK Financial Conduct Authority (FCA).
  • FxPro Financial Services Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).
  • FxPro Financial Services Limited is authorised and regulated by the Financial Sector Conduct Authority of South Africa (FSCA).
  • FxPro Global Markets Limited is authorised and regulated by the Securities Commission of Bahamas (SCB).

Is FxPro a market maker?

No

Is FxPro trustworthy broker?

 Below are the additional protections offered by the broker to clients:
  • Keeping client funds separate from company funds, which are held in banks like Barclays Bank, Julius Baer and Royal Bank of Scotland.
  • Protecting client funds from negative balances.
  • Having financial reports audited by PWC.
  • FxPro UK Limited is also member of the Financial Services Compensation Scheme (FSCS).
  • FxPro Financial Services Limited is a member of the Investor Compensation Fund (ICF).

The company does not accept clients from the US, Iran, or Canada.

What is FxPro’s Headquarters country?

FxPro’s headquarters is based at 13-14 Basinghall Str, City of London, EC2V 5BQ, UK.

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