FxPro Review

Active forex and CFD traders

FCA CySEC FSCA SCB FSA

Founded 2006 · United Kingdom · FxPro Group Ltd

Why investors choose this broker

Regulated by FCA and CySEC - top-tier regulators
Choice of four trading platforms including MT4, MT5, cTrader, and FxPro Edge
Raw spreads from 0.0 pips on Raw+ and cTrader accounts
No deposit or standard withdrawal fees

Review summary

FxPro is a multi-regulated forex and CFD broker offering MT4, MT5, cTrader, and the proprietary FxPro Edge platform across more than 2,100 instruments.

Pros

Regulated by FCA and CySEC - top-tier regulators
Choice of four trading platforms including MT4, MT5, cTrader, and FxPro Edge
Raw spreads from 0.0 pips on Raw+ and cTrader accounts
No deposit or standard withdrawal fees
Over 2,100 tradable instruments across forex, indices, shares, and more
Fast execution with a high proportion of orders filled at the requested price or better
Spread betting available for UK clients via FxPro Edge
Demo account with up to $10,000,000 virtual funds

Cons

Standard account spreads are above average, typically in the 1.2-1.6 pip range on EUR/USD
No US clients accepted
Inactivity fee applies after 6 months of no trading
FxPro Edge is not available on mobile
Limited educational resources compared to industry leaders
Crypto CFDs not available to UK retail clients
$30,000 minimum required for Elite account tier

Company background

FxPro is a forex and CFD broker founded in 2006 and headquartered in London, United Kingdom, under FxPro Group Ltd. The broker serves retail and institutional clients in more than 170 countries and reports over two million active client accounts. FxPro offers forex, CFDs on shares, indices, metals, energies, futures, and cryptocurrencies, plus spread betting for eligible UK clients. US traders are not accepted.

FxPro launched its proprietary spread betting platform FxPro Edge in 2017. The broker is recognised for algorithmic trading support, with cTrader in particular noted for its suitability for automated strategies.

Fees and pricing

FxPro offers three main account types. The Standard account charges no commission with EUR/USD spreads typically in the 1.2-1.6 pip range. The Raw+ and cTrader accounts offer raw spreads from 0.0 pips on major forex pairs and metals, with a $3.50 per lot per side commission ($7.00 round-turn). Indices, energies, and futures on raw accounts carry no per-lot commission. The minimum deposit is $100.

Deposits are free. Withdrawals are generally free, though a 2.0-2.6% fee applies to Skrill or Neteller withdrawals without prior trading activity. An inactivity fee of $15 applies after 6 months of no trading, followed by a monthly charge for each additional inactive month. Overnight swap fees apply to all leveraged positions.

Regulation and safety

FxPro operates through multiple regulated entities. FxPro UK Limited is authorised by the FCA (registration 509956) and FxPro Financial Services Limited by CySEC (licence 078/07). Additional entities are authorised by the FSCA in South Africa (licence 45052), the SCB in the Bahamas (licence SIA-F184), and the FSA in Seychelles (licence SD120). UK and EU clients are served by the FCA- and CySEC-regulated entities, which require client funds to be held in segregated accounts.

Platform experience

FxPro supports MT4, MT5, and cTrader alongside its own FxPro Edge web platform. MT4 and MT5 are available on desktop, web, and mobile. cTrader offers 76 built-in indicators and imposes no minimum distance requirement for stop and limit orders. FxPro Edge is a web-only platform with over 50 indicators and 7 chart types. All four platforms are accessible through a single FxPro account. A demo account with up to $10,000,000 in virtual funds is available for 180 days.

Pros and cons

FxPro's strengths include dual top-tier regulation by the FCA and CySEC, choice of four platforms, raw spreads from 0.0 pips, and a broad instrument range of over 2,100 assets. Spread betting is available to UK clients through FxPro Edge. Key drawbacks are above-average Standard account spreads, no US client access, an inactivity fee after 6 months, limited educational content, and FxPro Edge having no mobile app.

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Trading fees & commissions

FxPro Standard accounts charge no commission with EUR/USD spreads typically in the 1.2-1.6 pip range; Raw+ and cTrader accounts offer raw spreads from 0.0 pips with a $3.50 per side commission on forex and metals. Deposits are free, withdrawals are generally free, and an inactivity fee of $15 applies after 6 months of no trading activity.

Fees

Item	Fee
Cfds	Spreads vary by instrument; indices, energies, and futures carry zero per-lot commission on raw accounts
Crypto	CFD-only; spread varies; not available to retail clients under the UK entity
Margin	Overnight swap fees apply to all leveraged positions; rates vary by instrument and direction
Account	No account opening or management fee; $100 minimum deposit
Deposit	Free across all payment methods
Futures	Available as CFDs; zero per-lot commission on raw accounts
Inactivity	$15 one-time fee after 6 months of no activity, then a further monthly fee applies
Withdrawal	Generally free; 2.0-2.6% fee on Skrill or Neteller withdrawals without prior trading activity

Trading platform & features

Platforms

MetaTrader 4
MetaTrader 5
cTrader
FxPro Edge
Web app
iOS app
Android app

Regulation and investor protection

FxPro operates through entities regulated by the FCA (UK), CySEC (Cyprus), FSCA (South Africa), SCB (Bahamas), and FSA (Seychelles). UK and EU clients are served by FCA- and CySEC-authorised entities, which apply investor protection schemes and segregated client fund requirements.

Broker FAQs

Is FxPro safe?

FxPro is regulated by the FCA in the UK and CySEC in Cyprus, both top-tier regulators that require client funds to be held in segregated accounts. Additional entities are regulated by the FSCA, SCB, and FSA.

Is FxPro a scam?

No. FxPro is a regulated broker with authorisation from the FCA, CySEC, FSCA, SCB, and FSA, and has been operating since 2006.

Is FxPro regulated and by whom?

Yes. FxPro entities are regulated by the FCA (UK, registration 509956), CySEC (Cyprus, licence 078/07), FSCA (South Africa, licence 45052), SCB (Bahamas, licence SIA-F184), and FSA (Seychelles, licence SD120).

Does FxPro keep client funds in segregated accounts?

FxPro's FCA- and CySEC-regulated entities are required to hold client funds in segregated accounts at top-tier banks, separate from the firm's own operational funds.

What happens to my money if FxPro goes bankrupt?

UK clients served under FxPro UK Limited may be eligible for compensation under the Financial Services Compensation Scheme (FSCS). EU clients under the CySEC entity may have access to the Investor Compensation Fund (ICF). The exact protection depends on which entity the client is registered with.

What products does FxPro offer?

FxPro offers forex (70+ pairs), CFDs on shares (2,000+), indices, metals, energies, futures (38+), and cryptocurrencies. Spread betting is available to UK clients through FxPro Edge.

Does FxPro offer forex trading?

Yes. FxPro offers over 70 currency pairs on all account types and platforms.

Does FxPro offer crypto?

FxPro offers cryptocurrency CFDs on select pairs, though crypto CFDs are not available to retail clients using the UK entity under FCA rules.

Does FxPro offer spread betting?

Yes. Spread betting is available to UK-eligible clients through the FxPro Edge platform, covering forex, shares, indices, metals, and energies.

Does FxPro offer a demo account?

Yes. FxPro provides a demo account loaded with up to $10,000,000 in virtual funds, available for 180 days.

What does FxPro charge for forex trading?

The Standard account charges no commission with EUR/USD spreads typically in the 1.2-1.6 pip range. The Raw+ and cTrader accounts offer spreads from 0.0 pips with a $3.50 per lot per side commission on forex and metals.

What does FxPro charge for CFD trades?

CFD fees depend on the account type and instrument. Standard account CFDs carry no commission; raw accounts charge $3.50 per lot per side on forex and metals, with zero commission on indices, energies, and futures.

Is there a withdrawal fee at FxPro?

Standard withdrawals are free. A fee of 2.0 to 2.6% applies to Skrill or Neteller withdrawals when no prior trading activity has occurred on the account.

Does FxPro charge an inactivity fee?

Yes. A one-time fee of $15 applies after 6 months of no trading activity, followed by a further monthly charge for each additional inactive month.

What is FxPro's deposit fee?

FxPro does not charge deposit fees across any of its accepted payment methods.

Does FxPro have a mobile app?

Yes. FxPro offers iOS and Android apps for MetaTrader 4, MetaTrader 5, and cTrader. FxPro Edge is currently only available as a web platform and does not have a dedicated mobile app.

Is FxPro good for beginners?

FxPro provides a demo account, multiple platform choices, and a broad instrument range. However, its educational content is limited compared to some competitors, and the fee structure across multiple account types may be complex for new traders.

Is FxPro good for long-term investing?

FxPro is primarily a trading platform focused on leveraged products such as forex and CFDs, rather than long-term investing. Overnight swap fees apply to all open positions, which makes it less suited for buy-and-hold strategies.

Bottom line

FxPro suits users who want a multi-regulated forex and CFD broker with a choice of MT4, MT5, cTrader, or FxPro Edge platforms, raw spreads, and a broad instrument range. It may not suit users who require access to stocks or ETFs for long-term investing, need a US-accessible broker, or want to avoid inactivity fees and above-average standard account spreads.

FxPro

Active forex and CFD traders

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Your capital is at risk. Other fees apply.