FxPro Review

We bring you a comprehensive FxPro review to help you make an informed decision. FxPro is a reputable No Dealing Desk (NDD) execution broker, known for its transparent trading environment. While it offers top-tier forex trading platforms like FxPro MT4 and cTrader, there’s much more to consider when choosing a broker — and we cover it all.

Overview:

• Headquarters: London, United Kingdom.
• Trading Platforms: MT4, MT5, cTrader, FxPro Edge
• Foundation Year: 2006
• Min. Deposit: $100
• Max. Leverage: 1:500
• Deposit Options: Visa, MasterCard, PayPal, bank/wire transfer, Neteller, Skrill, POLi, BPay, Fasapay.

Forex Trading Platform

FxPro provides a reasonable variation in the trading platform. The platforms are well equipped to trade in different trading conditions. Experts in the FxPro review say the trader can customize the platform in terms of his preference. It is indeed one good reason to go for the FxPro.

You can access the platforms – FxPro Metatrader 4 , Metatrader 5, cTrader both from mobile and desktop as per your convenience. The integrated mobile platform is available on both Android and iOS. The desktop platform gives you access to multiple charting tools. FxPro app is a great platform to execute the trade without installing any other application.

FxPro MT4

MT4 is the topmost recognized trading platform in the forex market. Its user-friendly and customizable UI is perfect for beginner level traders. This platform comes with all the essential features that one requires for trading.

But, MT4 is comparatively slower than FxPro cTrader. So if you want faster execution of the trade, go for FxPro MT5 or cTrader.

FxPro MT5

MT5 is an exclusive platform for charting and technical analysis. MT 5 has a strong trading script. Like the MT4, it is a customizable platform. The auto-trading feature in the FxPro MT5 is like the cherry on top. You will get detailed information regarding the forex market using MT5 on mobile ( compatible with iOS and Android).

FxPro cTrader

cTrader is a more versatile platform compared to MetaTrader, especially in terms of the trading tool. Though it’s a relatively newer platform, it is rich in features. FxPro cTrader is the best fir for experienced traders. Auto trading is one major attraction of this platform.

FxPro Demo Account

Using the FxPro demo account, you can first learn to trade. Such an account will give you real market experience without involving money. You can ask for the virtual fund from the FxPro agent. The agent will transfer an amount between $500 and $100,000 to your account. You will get access to the trading platform and can experiment with trading with different trading strategies.

Account Type

Fx Pro Broker offers four trading account types: Standard, Pro, Raw+, and Elite.

Standard Account

The initial FxPro minimum deposit for this account is $100, and it offers up to 1:500 leverage. The charges for trading with this account come from an all-inclusive spread. If you are trading EURUSD, GBPUSD, or USDJPY, expect the spread to be 1.2 pips and above, while the average spread is 1.5. This account has no rebates; the minimum trade size is 0.01 lots. A swap-free option is available for Islamic investors.

Pro Account

The initial FxPro minimum deposit for the pro account is $1000, offering up to 1:500 leverage. The charges for trading with this account come from an all-inclusive spread. If you are trading EURUSD, GBPUSD, and USDJPY, the spread starts from 0.6, and the average spread is 1 pip. This account has no rebates; the minimum trade size is 0.01 lots. A swap-free option is available for Islamic investors.

Raw+

The FxPro minimum deposit requirement is $1000, and traders get up to 1:500 leverage. There is a 3.5$ fee, but the broker offers spreads starting from 0 pips. The average spread is 0.2 pips. There are no rebates, but your lot size has to start from 0.10. A swap-free option is available for traders on religious grounds.

Elite

The Elite Fx Trading Pro account has the highest deposit requirement ($30k in 2 months) and offers the same leverage, charges, and spreads as the Raw + account. Rebates for this account start from $1.5 per lot, and the minimum trade size is 0.10. A swap-free option is available for Islamic accounts.

Trading Price

Reading several FxPro reviews, we found FxPro offers one of the best pricing in the market. The FxPro minimum deposit varies with the platform. The minimum deposit in MetaTrader platforms ( i.e., FxPro MT4 & MT5) is $500, and in the cTrader platform, the amount is $1000.

• FxPro Global Markets Ltd offers maximum leverage of 1:500(Forex Major, Forex Minor, and Spot Indices Major).
• FxPro Financial Services Ltd offers maximum leverage of 1:30 (Forex Major)
• FxPro UK Limited offers maximum leverage of 1:30 (Forex Major)