FxPro review

Risk warning: CFDs and leveraged trading can lead to rapid losses. You may lose money, so make sure you understand the risks before trading.

FxPro suits intermediate CFD traders choosing among MetaTrader, cTrader, TradingView and a proprietary mobile app. Its account range also lets traders compare spread-markup pricing with raw spreads and separate commissions. The central trade-off is that this platform and pricing choice sits alongside entity-specific limits on leverage, product access and investor compensation. FxPro is therefore a more considered fit for traders willing to match their account to both their workflow and contracting entity than for clients expecting uniform terms across regions.

How we reviewed it: This review compares FxPro’s stated account, pricing, regulatory, platform, market and funding terms. It does not claim first-hand testing of account opening, execution or withdrawals. See our review methodology.

FxPro uses several regulated entities: FxPro UK Limited is FCA-regulated under licence 509956, FxPro Financial Services Ltd is authorised by CySEC under licence 078/07, a South African group entity is FSCA-authorised, and FxPro Global Markets Ltd is regulated by the SCB in the Bahamas. Which entity serves a client determines the applicable regulatory framework and protections; the arrangements are not interchangeable.

Regulation and Client Protections

Segregated client funds and negative balance protection address different risks: the former separates client money from company operational funds, while the latter is intended to limit eligible clients’ liability to the funds in their account. Neither prevents trading losses. Compensation applies only to qualifying claims, not normal trading losses, and the Bahamas entity does not carry the UK or Cyprus compensation cover.

Compare the account’s spread and any commission together, then factor in holding and account-maintenance costs. A spread-only structure avoids a separate FX lot commission, while raw-spread pricing adds a commission; overnight swaps and currency conversion can also affect the total cost.

Spreads, Commissions and Total Trading Costs

Standard lists variable FX spreads from 1.2 pips and no FX lot commission. Raw+ quotes raw FX and metals spreads from 0.0 pips with a $3.50 commission per side per standard FX lot; cTrader pricing likewise applies a $3.50-per-side commission for standard FX lots, with its detailed comparison listing spreads from 0.2 pips. Elite uses raw FX pricing and commission, with volume rebates for eligible clients. These are account pricing descriptions, not guarantees of the spread available at a particular moment.

Other Trading and Non-Trading Fees

For frequent FX trading, compare the spread and per-side commission against the way you trade rather than treating the raw spread alone as the cost. Longer holding periods can add or earn swaps, while currency conversion may matter when the account and transaction currencies differ. The inactivity charge makes leaving an unused account open a separate cost to consider.

Standard is the clearest fit if you prefer no separate FX lot commission and accept a spread markup; its listed spread starts at 1.2 pips, and the account comparison states no fixed minimum. Raw+ and cTrader use raw FX and metal spreads plus a $3.50 commission per side per standard FX lot, so the choice depends on whether that pricing structure suits your trading. Elite also uses raw spreads and commission, with volume rebates for eligible clients. Funding follows the underlying account requirements, and leverage depends on jurisdiction and instrument.

Choose a platform around the task: MetaTrader and cTrader support automated strategies, TradingView centres on charting, and the FxPro app handles mobile trading and account management. The distinctions matter most if you need to develop or run automation rather than simply place and monitor trades.

Desktop, Web and Trading Platforms

Automation is not equally self-contained across the choices: MT4 Expert Advisors need desktop MT4 or a VPS, MT5 development and testing are desktop-only, and TradingView alerts need a separate service or compatible broker setup to become live orders. Traders choosing on automation should therefore consider where strategies can be built and executed, not just which interfaces are available.

These products provide leveraged price exposure, not ownership of the underlying assets: stock CFDs confer no shareholder or voting rights, ETF CFDs do not give you fund units, and crypto CFDs do not give you coins. Forex is listed as leveraged FX (CFD / rolling spot). Access is not uniform; for example, UK retail clients cannot trade the listed crypto derivatives, and leverage eligibility varies by product and client.

FxPro’s research and learning material—market analysis, trading ideas, signals, an economic calendar, sentiment, a currency heatmap, webinars, videos and market guides—can support market monitoring and trading education. These resources are distinct from execution: the broker also lists Level II/full depth of market, VWAP execution and advanced order protection, but warns that sharp or rapid market moves can produce fills either side of the intended price. That warning is not a measured execution result. Automation is available through MT4/MT5 Expert Advisors and cTrader cBots; cTrader also supports copy trading.

The general minimum deposit listed is $100, though the Standard account comparison does not specify a fixed minimum and account-specific funding requirements apply. Complete the live-account verification process before planning to trade or withdraw.

Account Opening and Identity Verification

FxPro requires KYC verification for live accounts. The stated documents are a passport, national ID or driving licence, plus proof of residence issued within the previous six months. The broker says verification typically takes one business day. Full verification is required to fund, trade and withdraw from a live account.

Deposit and Withdrawal Methods

Customer Support

Support is listed as available 24/5 by live chat, WhatsApp, Telegram, Messenger, email and telephone. The listed contact details are [email protected] and +44 (0) 20 7776 9720. Support is offered in multiple languages, including English, Arabic, Chinese, French, German, Spanish, Portuguese, Russian, Japanese and Korean.

FxPro is a plausible fit for intermediate CFD traders who want to choose their platform and pricing model rather than use a single prescribed setup. Platform choice is especially relevant for traders comparing MetaTrader or cTrader automation with TradingView charting; the account decision then turns on spread-markup versus commission-based FX pricing. Its entity-dependent protections and product access also make the client’s contracting company part of that decision.

FxPro vs Alternatives

Libertex1:999Maximum leverageDetailed Review Capital.com

• No inactivity fee
• No commission

Detailed Review AdmiralsStocks, ETFs, Bonds, Forex Pairs, Indices, Commodities, CryptocurrenciesDetailed Review ActivTradesFCA, SCB, BACEN & CVM, CMVM, FSCDetailed Review

For FX, the practical dividing line is whether avoiding a separate lot commission matters more than the spread markup: Standard takes the first approach, while Raw+ and cTrader combine raw pricing with commission.