FxPro

FxPro is a well-established online broker founded in 2006, headquartered at 80 Coleman Street, London, United Kingdom. The broker operates under the full legal name FXPRO UK Limited and provides trading services in forex, crypto CFDs, metals, indices, futures, energy, and shares. With over a decade of industry presence, FxPro serves a global client base through multiple platforms including MetaTrader 4, MetaTrader 5, cTrader, and its own WebTrader and mobile applications. The company also offers an educational hub designed to support traders of all skill levels.

FxPro is regulated by three financial authorities, offering varying levels of oversight depending on the client's jurisdiction. The primary regulation comes from the UK Financial Conduct Authority (FCA) under license number 509956, which governs its Forex Execution (STP) activities. Additionally, the broker holds a Market Making License from the Cyprus Securities and Exchange Commission (CySEC) with number 078/07. For clients outside the EU, FxPro operates under an Offshore Regulation from the Seychelles Financial Services Authority (FSA) with license SD120. This multi-jurisdictional approach allows FxPro to offer services across different regions while maintaining compliance standards.

FxPro provides three main account types to cater to different trading styles: Standard, Raw+, and Elite. The Standard account features spreads from 1.2 pips on major forex pairs with no commission, suitable for traders who prefer straightforward pricing. The Raw+ account offers spreads from 0 pips with a commission of $3.5 per side on FX and Gold, while other instruments have zero commission. The Elite account also provides spreads from 0 pips, though commission details are not specified. Leverage and minimum deposit requirements are not disclosed by the broker, indicating that these may vary by region and account type.

FxPro supports a range of trading platforms to suit different preferences. Clients can choose the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as the popular cTrader platform. For those who prefer a browser-based solution, FxPro WebTrader is available, and the FxPro Mobile App allows trading on the go. All platforms are available for the three account types, ensuring consistency in functionality regardless of the chosen account.

The broker offers a diverse range of tradable instruments including forex pairs, cryptocurrency CFDs, precious metals, indices, futures, energy commodities, and equities. Spreads vary by account type, with the Raw+ and Elite accounts offering tighter spreads from 0 pips on majors, while the Standard account has spreads from 1.2 pips. Additional fees are not explicitly listed, but traders should note potential inactivity fees and other charges mentioned in user reviews.

FxPro targets a broad audience ranging from beginner to experienced traders. The educational resources cater to novices, while the variety of accounts and platforms appeals to advanced traders. The broker's multi-regulatory framework is designed to inspire confidence, though the Seychelles license indicates less rigorous oversight for non-EU clients. Overall, FxPro positions itself as a versatile broker suitable for traders seeking a regulated environment with multiple trading options.