Thadeus Geodfrey and finance are inseparable. He is a versatile expert with a strong cryptocurrency and market analysis background. Thadeus provides a unique blend of technical and strategic insights as a seasoned financial writer. His overarching probe and attention to detail inspire the InvestingGuide community. He guides you through the continuously evolving market landscape to build solid investments or make successful trades.
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FxPro is one of the most recognised forex and CFD brokers out there. It’s been around since way back in 1999, which is quite something in this industry. The broker holds several licences and offers quality trading services to both UK and global traders.
I’ve known FxPro for years and even traded with it a few times myself. But one question people still ask all the time is, “Is FxPro a scam or really a legit broker? ” Well, that’s what I’m here to help you find out in this short FxPro review. Hopefully by the end of this, you’ll have a better idea if it’s worth using FxPro for your own trading journey.
FxPro Key Highlights
After a thorough FxPro review, I have discovered that the broker has built a serious name for itself over the years. The London-based broker started back in 1999, and today it’s trusted by more than 11 million traders across 173 countries. It’s not just another flashy CFD trading website. FxPro is properly regulated by several authorities, including the Financial Conduct Authority (FCA) in the UK, CySEC in Cyprus, SCB in the Bahamas, and more. That kind of global oversight already provides traders a bit more confidence that their money is handled the right way.
When it comes to trading options, FxPro lists more than 2,100 instruments across multiple markets. You can trade forex pairs, commodities, indices, shares, ETFs, and even cryptocurrencies, all through CFDs and spread betting. They are all available at a minimum deposit of £100.
Another standout feature is FxPro’s trading platform. Users have an opportunity to choose from MT4, MT5, cTrader, and its own FxPro WebTrader platform. The proprietary platform is well-designed and executes trades seamlessly on both desktop and mobile devices. FxPro claims it processes most trades in under 13 milliseconds, and based on my testing, that’s not far from the truth.
Fees are another element worth sharing. While FxPro provides access to multiple trading accounts to choose from, spreads are low. For instance, trading on the Raw+ account via the MT4/MT5 platforms attracts competitive spreads from 0.0 pips on major currency pairs with commissions from £3.5 per side.
FxPro also shines in trading tool offerings. You get built-in access to Trading Central, FxPro Squawk, and solid market analysis features. On top of that, users can rely on its educational resources and additional features like algorithmic and copy trading via third-party cTrader and MetaTrader platforms.
74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading Account Options and Terms
One thing I like about FxPro is its support for multiple trading accounts, so every user can find what suits their skills and preferences. The Standard Account on third-party MT4 and MT5 platforms is the most common one and ideal for everyday traders.
Trading here is commission-free with spreads that start from 1.2 pips on major currency pairs. And the best part is that it has a fast trade execution speed and allows CFD trading on forex, metals, indices, energy, futures, stocks and ETFs.
Next, you’ve got the Raw+ Account, which is built for traders who want ultra-tight pricing. It comes with spreads starting at 0.0 pips on major forex pairs, but with a £3.50 commission per side.
Then there’s the Elite Account, which takes the Raw+ setup and adds rebates and VIP perks. If you trade in higher volumes, this one can save you money in the long run. The conditions are pretty much identical to the Raw+ account, but the extra rebates, starting from £1.50 per lot, make it more appealing for active traders.
For Muslim traders who adhere to stringent Sharia principles, FxPro has a swap-free Islamic account for you. It works just like the Standard Account but does not come with overnight interest (swaps).
Lastly, this forex broker offers a demo account that allows traders to test various trading strategies and FxPro’s performance risk-free. This account comes with virtual funds up to £100,000 and is available for use up to 180 days after activation.
Overall, you can open a trading account at FxPro with as little as £100 in 11 base currencies. These include USD, AUD, EUR, HUF, IDR, MYR, GBP, ZAR, CHF, JPY, and PLN. It’s a good touch because it saves you conversion fees when depositing or withdrawing in your local currency.
| Account Type | Minimum Deposit | Commission & Spreads | Available Instruments | Recommended for |
|---|---|---|---|---|
| Standard (MT4/MT5) | £100 | Spreads from 1.2 pips on major currency pairs | Forex, Metals, Indices, Energy, Futures, Crypto | Beginners, casual traders, and those who prefer commission-free trading |
| Raw+ (MT4/MT5) | £100 | Spreads from 0.0 pips + £3.50 commission per side on major currency pairs and gold | Forex, Metals, Indices, Energy, Futures, Crypto | Active traders, scalpers, and algo traders seeking raw spreads |
| Elite (MT4/MT5) | £1000 | Spreads from 0.0 pips + £3.50 commission per side. Rebates start at £1.50 per lot | Forex, Metals, Indices, Energy, Futures, Crypto | High-volume and professional traders |
| cTrader | £100 | Spreads from 0 pips with commissions on forex and commodities | Forex, Metals, Indices, Energy, Crypto | Traders who prefer advanced charting and order management |
| Islamic | £100 | Spreads from 1.2 pips on major currency pairs | Forex, Metals, Indices, Energy, Crypto | Muslim traders |
| Demo | Free | Simulated spreads & pricing (no real money) | Forex, Commodities, Indices, Stocks, Crypto | Beginners learning the platforms or testing new trading strategies |
Trading Costs and Commissions
Many traders review FxPro but still fail to understand the charges that the broker imposes. Well, after a thorough analysis, I discovered that it keeps its pricing structure transparent and fairly competitive. The amount you pay depends mainly on the account type and the instruments you trade. As mentioned earlier, the broker’s trading fees depend on the account you trade with but start from as little as 0.0 pips on the Raw+ Account.
FxPro also charges swap or rollover fees, which apply whenever you hold a position overnight. These reflect the interest rate difference between currencies and may result in either a charge or a small credit, depending on the position and pair traded. FxPro updates swap rates daily, and traders can check the latest figures directly from the platform’s instrument specifications.
When it comes to non-trading costs, FxPro also imposes some of the lowest in the industry. For instance, there are no transaction fees when making deposits or withdrawals. Plus, its inactivity fee is low. Expect a one-time £15 after six months of no trading activity, followed by a £5 monthly fee if the account remains inactive for 12 months or longer. And to get started, a low minimum deposit of £100 is required.
| Broker Feature | Details |
|---|---|
| Minimum Deposit Requirement | £100 |
| Commission & Spreads | From 0.0 pips |
| Deposits & Withdrawals | Free |
| Inactivity Fee | £15 one-off account maintenance fee after 6 months of inactivity, followed by a £5 monthly fee after 12 months |
How Safe is FxPro?
FxPro has earned a solid reputation for being a safe and transparent broker, trusted by traders for more than 25 years. It’s regulated by five authorities worldwide, including the UK’s Financial Conduct Authority (FCA), which is under the FxPro UK Limited entity and known for its strict rules and oversight. Other global authorities the broker operates under include:
- FxPro Financial Services Limited (regulated by the Cyprus Securities and Exchange Commission – CySEC)
- FxPro Financial Services Limited is authorised and regulated by the South Africa Financial Sector Conduct Authority (FSCA).
- FxPro Global Markets Ltd regulated by the Securities Commission of The Bahamas – SCB
- Invemonde Trading Ltd in partnership with FxPro Global Markets Limited, licensed by the Seychelles Financial Services Authority – FSA.
All FxPro entities follow strong safety practices, including segregating client funds. This means traders’ money is kept in separate bank accounts at trusted institutions like Barclays and Royal Bank of Scotland.
Additionally, FxPro provides negative balance protection. This way, traders can never lose more than their deposits. UK clients benefit from the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 in case the company becomes insolvent.
According to my 2025 FX professional review, the broker has registered over 11 million traders across 170+ global countries. Undoubtedly, its long history and broad regulatory framework make it a secure and well-respected choice. I must also share that this broker employs high encryption protocols and has secure login procedures on desktop and mobile devices.
Investment Products Offered
FxPro offers a wide range of trading instruments designed to suit different trading styles and experience levels. Once you make a commitment, you will have access to more than 2,100 instruments. These include forex, shares, indices, commodities, metals, ETFs, futures, and cryptocurrencies.
Note that all products are traded as CFDs, meaning you can speculate on price movements without owning the underlying asset. This setup allows traders to take advantage of both rising and falling markets, with flexible leverage depending on the asset class and regulatory limits.
However, it is important to approach CFD trading with caution, especially if applying leverage. According to FxPro, 77% of retail investor accounts lose money when trading CFDs and spread betting. You should consider whether you understand how CFDs and spread betting work and whether you can afford to take the high risk of losing your money.
That being said, here are the asset offerings for UK clients:
Deposits and Withdrawals
FxPro has made it quite easy to move funds in and out of your trading account. The broker doesn’t charge any internal fees for deposits or withdrawals, which is a big plus. Transactions are processed fairly quickly, and in most cases, funds show up in your account within minutes. The available methods for UK clients include local bank transfers, debit and credit cards, and broker-to-broker payment.
The best part is that deposits can be made from your FxPro Wallet, which acts as a central hub to fund or withdraw money from any of your trading accounts. This setup gives traders more control over their funds, especially those running multiple accounts or using different platforms.
While most deposits are instant, your bank or card issuer might take longer to clear the funds. Withdrawals, on the other hand, based on my FxPro withdrawal review, are processed within one business day. Of course this depends on the payment method used. FxPro also requires that withdrawals be made through the same channel used for deposits, a standard security measure in the financial industry.
Deposits
| Deposit Method | Fees | Processing Time |
|---|---|---|
| Visa | £0 | Instant |
| Mastercard | £0 | Instant |
| Bank Wire | £0 | Up to 2 business days |
| Broker to Broker | £0 | Up to 1 business day |
Withdrawals
| Withdrawal Method | Fees | Processing Time |
|---|---|---|
| Visa | £0 | 1–3 business days |
| Mastercard | £0 | 1–3 business days |
| Bank Wire | £10 | 1–2 business days |
| Broker to Broker | £0 | Up to 1 business day |
Customer Support Services

From my experience and analysing user FxPro reviews, FxPro’s customer support is responsive and professional. I tested its live chat, WhatsApp, phone, and email channels over two weeks, and the results were consistently good. Live chat connected me to an agent in under a minute, and responses were clear and knowledgeable. WhatsApp support was especially convenient, as I found it to be quick, professional, and without automated delays.
Phone calls were answered almost instantly, and agents handled both platform and account-related queries efficiently. Email replies took a few hours but were detailed and helpful. Other channels for contact include Telegram and Messenger.
Note that FxPro’s team is available 24/5 and can be contacted via 17 languages, including English, Spanish, Arabic, Chinese, and more.
Research Tools and Learning
FxPro offers some of the most comprehensive research and education tools among online brokers. Its dedicated portal, FxPro.News, provides frequent and high-quality updates covering market overview, crypto, and technical analysis. During my testing, I found the insights well-written and practical, especially for traders following short-term market trends.
In terms of learning resources, FxPro’s Knowledge Hub is structured for both beginners and advanced traders. It features interactive courses, concise video tutorials, and lessons from the CME Group. I found the materials clear and actionable, covering everything from technical analysis to trading psychology. Combined with the broker’s YouTube webinars and platform guides, FxPro makes continuous learning easily accessible and practical for everyday traders.
| Feature | Available | Notes |
|---|---|---|
| FxPro.News Portal | Yes | Offers in-house market insights and daily analysis across Forex, Crypto & Technical markets |
| Economic Calendar | Yes | Tracks key global economic events and data releases |
| Trading Central Tools | Yes | Third-party research and chart pattern recognition for funded accounts |
| Education Centre | Yes | Includes structured lessons, CME courses, and trading psychology modules |
| YouTube Channel | Yes | Features webinars, tutorials, and recorded educational sessions |
FxPro Platforms and Features
Choosing the right trading platform in 2025 is one of the crucial decisions any trader must make. At FxPro, you are guaranteed a variety of options, whether you are new to trading or have been participating in the activity for years.

You can choose between the proprietary trading platform FxPro WebTrader, MT4, MT5, and cTrader, all of which are available via desktop and mobile devices. From my analysis, the FxPro WebTrader Platform is particularly intuitive. It is ideal for quick chart-based trading and one-click execution and has a mobile version for iOS and Android mobile devices.
Meanwhile, MetaTrader and cTrader platforms cater better to those looking for advanced analytics or automated trading strategies. Together, these platforms provide a smooth and reliable trading experience that can easily match any major broker in the UK or globally.
| Platform | Key Features | Best for |
|---|---|---|
| FxPro Trading Platform | Web-based, user-friendly interface, one-click trading, 50+ indicators, customisable charts | Beginners, casual traders, day traders |
| MetaTrader 4 (MT4) | Automated trading (EAs), chart-based trading, 30+ indicators, copy trading | Experienced traders, scalpers, algo traders |
| MetaTrader 5 (MT5) | Expanded order types, depth of market view, supports share CFDs | Advanced traders, CFD investors |
| cTrader | Level 2 market depth, advanced charting, cAlgo & cBots, copy trading | Experienced traders, algo & copy traders |
| FxPro Mobile App | Account management, deposits/withdrawals, integrated support, mobile trading | Beginners, mobile-first traders |
Margin and Leverage Options
When trading with FxPro, one of the first things you’ll notice is that the maximum leverage depends heavily on your client status, whether retail or professional. Leverage limits are also based on the asset you trade and the regulatory regime governing your account.
For UK retail clients under FCA guidelines, the leverage caps are conservative. Following ESMA rules, traders have up to 30:1 leverage limit on major forex pairs, 5:1 for individual equities, 2:1 for cryptos, and 10:1 for commodities. Meanwhile, FxPro’s global or offshore entities often advertise more aggressive leverage limits up to 200:1.
As for margin, it’s simply the amount of capital you need to put up to open a trade. Fortunately, FxPro offers a margin calculator so you can quickly see how much margin each trade needs given the leverage and lot size.
| Client Type | Maximum Leverage | Notes |
|---|---|---|
| Retail UK trader | Up to 30:1 | Under FCA / ESMA rules, retail leverage caps apply |
| Professional Client | Higher on request | Requires meeting professional criteria, losing some retail protections |
| Commodities and Indices | 10:1 | Leverage is lower than forex in many cases |
| Cryptocurrencies | 2:1 | Crypto CFDs have stricter leverage limits |
Suitable for Which Traders?
One question every trader asks before signing up for an account at FxPro is, “Is this forex broker suitable for me?”. Well, based on my experience testing and comparing it against its peers, it supports all types of traders.
Beginners will find FxPro’s educational resources, demo accounts, and well-regulated framework particularly reassuring. An easy-to-use platform that executes trades seamlessly on desktop and mobile devices ensures newbies enjoy their experience while getting familiar with the FxPro trading environment.
For more experienced and high-frequency traders, FxPro hosts advanced trading platforms like MT4, MT5, and cTrader. They offer swift trade execution and tight spreads suitable for scalping and algorithmic trading. The broker’s global presence and professional-tier leverage also appeal to institutional-style and long-term investors seeking reliability across multiple asset classes.
Easy-to-use platforms, demo accounts, rich educational content, and a low entry barrier make FxPro ideal for learning and practising trading skills.
FxPro doesn’t have a built-in social trading platform
No native copy trading system
cTrader and MT5 offer ultra-fast execution, low latency, and VPS support, making FxPro strong for algorithmic and scalping strategies.
Stable trading conditions, strong regulation, and access to over 2,000 instruments, including shares and indices, support diversified long-term portfolios.
Higher leverage options, dedicated account managers, and advanced tools like depth of market and API access cater well to professionals.
Opening an FxPro Account
Opening an FxPro account involves a pretty straightforward process. My FxPro.com review and experience were exceptional, and it took me roughly 10–15 minutes to set up a trading account. If you have decided to explore the financial markets with FxPro, here’s how the process works.
Start by visiting FxPro’s official website. You can click any of the links we’ve shared on this page for quick access. Before you proceed, ensure you understand the broker’s terms of service and install its trading app for managing your activities on the go. Then, click the “Register” button to create your trading account.
In this next step, share your email and create a strong password for securing your account. You will then share your full name, country of residence, and phone number. Note that the platform’s layout is clean, and each section will automatically guide you to the next step.
At this point, your account will be set up, and you will receive an email notification. However, you cannot open a position just yet. FxPro requires that you verify your identity and location before having your account fully activated. This is done by uploading a copy of a national ID and proof of address, such as a utility bill or bank statement. The verification process is smooth. Mine was approved within a few hours.
Once verified, make a deposit, considering the £100 minimum deposit requirement. FxPro supports deposits using multiple payment methods, including debit/credit cards, bank transfers, and broker-to-broker. Then, select your preferred FxPro trading platform and the account type that suits your strategy.
At this point, I believe you are ready to trade. So, choose an asset you are familiar with, a trade size, and an amount you are willing to risk. Since FxPro supports CFD trading, I advise you to approach it carefully. The risk of losing a lot of money is high, especially when trading using leverage.
Ensure you understand what you are getting into before opening a position. Most importantly, apply risk management controls like stop-loss orders to mitigate any potential losses.
Not Supported Countries
FxPro accepts clients from most regions worldwide. However, due to regulatory restrictions and compliance policies, residents of certain jurisdictions are not eligible to open trading accounts with FxPro.
Below is the full list of countries and territories not supported:
- United States
- Canada
- Iran
- North Korea
- Afghanistan
- Pitcairn
- Norfolk Island
- Aland Islands
- Sint Maarten (Dutch part)
- Congo
- Puerto Rico
- Cuba
- Equatorial Guinea
- Ethiopia
- Somalia
- American Samoa
Final Expert Assessment
After thoroughly testing FxPro across multiple accounts and platforms, I can confidently say it remains one of the most reliable and well-regulated brokers in the industry. With oversight from top-tier authorities such as the FCA, CySEC, FSA, and more, FxPro offers strong client fund protection and transparent trading conditions.
From my personal experience, the execution speed and pricing consistency are excellent on all trading platforms. Undoubtedly, the broker suits every trader in the financial market, whether new, professional, or active.
Among the brokers that guarantee a variety of asset offerings, FxPro shines. It lists over 2,100 CFD instruments, which I believe adds flexibility for any trader’s portfolio diversification. And its support for multiple trading platforms that host quality learning and market analysis tools ensures users have an exciting experience that maximises their potential.
Overall, FxPro strikes an excellent balance between regulation, technology, and user experience. I highly recommend it to any trader for its support for quality resources and dedicated professionals ready to answer your queries or concerns anytime.
Would you recommend this provider?
Fees
Account opening
Customer service
Deposits & Withdrawals
Would you recommend this provider?
Fees
Account opening
Customer service
Deposits & Withdrawals
Overall, FxPro works well for me, but I wouldn’t say it’s perfect
Would you recommend this provider?
Would you recommend this provider?
Fees
Account opening
Customer service
Deposits & Withdrawals
Would you recommend this provider?
Fees
Account opening
Customer service
Deposits & Withdrawals