This is an innovative new platform called FXPro Edge that our UK review team was captivated by. This is also the only area in which the spread betting side as a broker can be accessed. A cryptocurrency review to see what they offer in this area shows us that they have recently started to introduce new markets here. You can now select from 5 major cryptocurrencies to trade as CFDs through FXPro. These include Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash pairs with the US Dollar only.
- FxPro is one of the market-leading brokers with millions of loyal clients globally.
- Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.
- In summary, FxPro provides a broad range of deposit and withdrawal methods, with support for multiple account currencies and no hidden fees.
- Traders can choose the most convenient and cost-effective method for their needs.
It is a solid choice for traders looking for flexibility, competitive pricing, and a high level of security. Its wide range of platforms, including MT4, MT5, and cTrader, as well as its transparent fee structure, makes it a suitable option https://traderoom.info/fxpro-overview/ for both beginner and experienced traders. FxPro is a globally recognized broker that has been operating since 2006.
- The company operates in 173 countries and has more than 870,000 client accounts and €100 million of Tier 1 capital and FxPro has developed reliable deposit and withdrawal schemes.
- There are no account maintenance fees with FxPro, meaning that traders won’t face any unexpected charges simply for holding an account.
- FxPro is home to over 2,188,500 trading accounts that have trusted this broker with their capital and helped grow it into one of the best brokerages available today.
- Its customers and potential users have access to live chat, and you can also call their customer support team for free in the UK, France, Germany, UAE and Russia.
- As such we may earn a commision when you make a purchase after following a link from our website.
- From a security perspective, FxPro offers many different assurances to its customers.
Copy Trade and Investment Options in FxPro Broker
With Negative balance protection, traders cannot lose more money than they have deposited. Overall, strict financial regulation is essential for ensuring that trading platforms like FxPro operate fairly, transparently, and responsibly, which ultimately benefits all FxPro stakeholders involved. If you’re interested in comparing FxPro against other popular brokers in the industry, check out our FxPro Vs pages. Our team has compiled a series of detailed FxPro comparison articles, pitting the FxPro platform against some of the best-rated FxPro competitors in the market. Dive into our informative FxPro Vs pages below to find out how FxPro stacks up against other leading brokers.
Forex Brokers Like FxPro
FxPro provides a comprehensive trading experience characterized by user-friendly features, competitive spreads, and an extensive array of assets. Although there is room for improvement in their educational resources, FxPro’s strengths position it as a viable option for traders in search of a versatile trading environment. Before deciding, it’s advisable to conduct thorough research to ensure that the broker’s offerings align with your specific goals and preferences. FxPro’s focus on user satisfaction and commitment to transparency make it a noteworthy broker to consider in your trading journey.
Trading platforms
This flexibility allows both low-capital traders and professionals to start trading. FxPro has one of the highest numbers of retail clients with over 1,866,000 million trading accounts. FxPro’s primary source of revenue comes from its large customer base. With such a large number of retail clients opting for a FxPro trading account, it’s important to examine if FxPro is a trusted broker. Both FxPro deposits and withdrawals are conducted via an innovative money management tool called FxPro Wallet. This multi-functional account management tool lets FxPro clients transfer funds between their trading accounts in a secure medium.
On the official website of FxPro, each potential client can familiarize himself with the conditions for opening a trading account. FxPro is known for its high level of customer service, offering 24/5 support via live chat, email, and phone. The broker’s website is available in multiple languages, and support is offered in more than 10 languages. Client queries are typically answered quickly, contributing to FxPro’s reputation for excellent customer care. There is also a Demo Account, available for traders to practice strategies in a risk-free environment.
This broker received over 125 international awards because of features like over 2100 instruments and 4 trading platforms MT4, MT5, cTrader, mobile app. Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose! It provides many features intended to simplify the trading experience. Statistics show that most traders invest more than $5000 at FxPro, and many accounts are worth more than $100000. FXPro is a reliable and versatile broker that caters to both beginner and experienced traders.
Deposit Options
You don’t invest in a broker, you invest in products on the market. That said, FxPro is a decent broker but you can find other brokers with better spreads. FxPro offers 24/5 customer support via live chat, email, phone, and fax. Support is available in over 20 languages, ensuring traders worldwide can get assistance quickly and efficiently. FxPro has an award-winning customer support service available around the clock whenever the markets are open. In 2014, FxPro was named the Best Forex Customer Service Brand, Europe, by Global Brands Magazine.
Like many brokers, FxPro offers a macroeconomic calendar to track important releases that can impact markets. They also offer some basic daily fundamental research and work with Trading Central to offer technical analysis. Two areas where FxPro has an advantage over other brokers are its multilingual webinars available on the company’s YouTube channel and the quality of its real-time news offering. These tools seem to be available even for traders who do not have an account with FxPro. FxPro offers clients a wide range of desktop trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and FxPro Trading Platform.
The broker offers 24/5 live chat, WhatsApp, Telegram, Facebook Messenger, email, and phone support, which is convenient for resolving most trading-related queries during market hours. FxPro’s trading platforms are a strong point, offering flexibility and choice for day traders of all levels. But it’s FxPro’s cTrader platform that provides the most competitive spreads, using a commission-based pricing model, making it an attractive option for active traders. FxPro offers competitive spreads that vary by account type and asset. However, while fees offer good value, particularly with the available trading tools and resources, they’re not low enough to rival industry giants such as IG and CMC Markets.
With a brokerage, however, there is no “other person” – you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term – exchange. A decent CFD trading platform, but not suitable for trading and exchanging cryptocurrencies.
Available for free on its website, resources include trading basics, tutorials, and explanations of market concepts. Additional fees include overnight swap rates and a one-off inactivity fee of $15 (followed by a monthly fee for each further inactive month) for accounts not used within six months. In 2022, FxPro revised its pricing, reducing spreads by up to 20% on popular instruments like major forex pairs, indices, metals, and energies, enhancing competitiveness for heavily traded assets. The MT4 account features minimum fixed spreads starting at 1.2 pips, while the MT5 and cTrader accounts provide variable spreads starting at 1.4 and 0 pips, respectively. Its depth of assets is fairly strong, particularly in terms of currency pairs, equities and indices, however it doesn’t rival the 26,000+ markets advanced traders will find at category leader BlackBull.
It is noticeable that FxPro continues its growth by adding on more instruments like cryptocurrencies, being popular nowadays. Regarding this case, the withdrawal transactions in question were refunds back to your card. Please note that spreads on cryptocurrencies can be more volatile than on traditional instruments, as they depend heavily on overall market conditions and liquidity from our providers. At FxPro, we aim to keep spreads as low and competitive as possible while ensuring reliable execution and robust risk management.Regards,FxPro For the very first time I made a withdrawal from my account of 70k and initially it was approved then later I got a message it was disapproved and my fund that I transferred disappeared. Most of that was funds I had deposited to save the account being closed.
On top of that, the platform is very secure, and has a stable reputation of being one of the older and more-reliable CFD brokers on the market. That said, it may prove to be a bit complicated for beginner traders, and also does not support actual crypto asset trading, in the first place. FxPro offers multiple platforms to suit different trading styles, including MetaTrader 4, MetaTrader 5, cTrader, and our FxPro in-house all-in-one mobile app and online WebTrader. Each platform is packed with advanced tools and features, allowing traders to customise their experience based on their strategies.
However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders. Beginners and inexperienced traders must take the time to learn how to use the FxPro trading tools properly. The FxPro review was crafted by our devoted team of investment and business professionals at Compare Forex Brokers. FxPro recommends a minimum deposit of $1,000 for optimal trading, although clients can deposit as little as $100.
Features of MetaTrader 5 on FxPro:
One of the few brokers with customer service available 24/7, FxPro’s support team is knowledgeable and responsive on both technical issues and more mundane problems. This convenient multi-lingual support by phone, live chat and email in a positive, solution-oriented manner wins FxPro the Best Customer Service award for 2021. FxPro allows hedging, scalping, and algorithmic trading on all platforms except its own.
