FxPro Broker Review 2023

Founded in 2006, FxPro is a Forex and CFD broker, providing retail and institutional clients in over 170 countries with over 260 CFD products across six asset classes. FxPro Group Limited is the holding company of FxPro Financial Services Ltd, FxPro UK Limited and FxPro Global Markets Ltd.

General Information & Regulation

FxPro UK Limited is authorised and regulated by the Financial Conduct Authority – FCA (registration no. 509956).

FxPro Financial Services Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission – CYSEC(licence no. 078/07).

Note: The screenshot date is February 22, 2023.Brokersview gives dynamic scores, which will update in real time based on the broker’s dynamics. So the scores taken at the current time do not represent past and future scores.

Account Types

Apart from demo accounts, FxPro offers five live account types, but no further information is specified. It requires traders to fund at least $100 for the first time, which sounds like a quite reasonable initial deposit requirement for most regular traders to get started.

With full support for MT4, MT5, cTrader, and the FxPro proprietary trading platform, traders have a wider platform choice than is typically available at other brokers. FxPro allows hedging, scalping, and algorithmic trading on all platforms except its own. FxPro also offers a number of trading tools, including free access to Trading Central, a number of calculators, and a VPS service at an additional cost, which is in line with what is offered at other brokerages.

Additionally, its responsive customer service is available 24/5 in 18 languages, including Malay. Malaysians will also be pleased to note that FxPro offers Islamic swap-free accounts

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

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