FxPro
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Open an accountFxPro, a brokerage company with an international reach, was founded in February 2006 in Cyprus. The company operates under the strict supervision of leading regulators including CySEC (Cyprus, License No. 078/07), FCA (UK, License No. 509956), FSCA (South Africa, License No. 45052) and SCB (Bahamas, License No. SIA-F184).
Since its inception, FxPro has demonstrated steady growth and expansion, providing its services in more than 170 countries to both retail and institutional clients. Over the years, the broker has won over 80 prestigious awards, including “Best Forex Trading Platform” and many other prizes in this category.
Trading opportunities with FxPro:
- Clients can choose from a wide range of trading instruments, including more than 70 currency pairs, futures and stocks of leading companies such as Twitter, Apple and Google.
- In total, the broker has more than 2,100 trading assets in its arsenal, among which there are also cryptocurrencies available on all types of accounts.
Security standards: FxPro adheres to high standards in the field of security. Client deposits are held with major international banks, fully insured and segregated from the company’s corporate funds, which guarantees additional investment protection.
FxPro continues to strengthen its position in the global financial market by offering innovative trading solutions and providing a high level of client support and security.
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Account currency
USD, EUR, GBP, CHF, AUD, PLN, ZAR, JPY
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Minimum deposit
$100, 5 000 RUR, 500 UAH and from 50 USD when transferring from crypto wallets
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Leverage
1:500+
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Spread
From 0.0-1.2 points
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Instruments
CFDs on currency pairs, futures, indices, stocks, metals, energy, cryptocurrencies - more than 2000 assets
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Margin call / Stop out
100% / 50%
Pros
- Protection from negative balance: FxPro provides a unique service to protect clients from negative balance. With the help of automated monitoring of trades and advanced risk management system, the broker guarantees that traders' capital will not go into negative balance.
- Insurance of clients' funds: All FxPro clients' funds are insured through the broker's participation in the investor compensation fund, which provides an additional level of financial security.
- Conditions for beginners: FxPro creates optimal conditions for novice traders by providing access to thoroughly tested trading Expert Advisors, which promotes safer trading.
- Universal access to services: Regardless of the account balance, every FxPro client receives a full package of brokerage services.
- Privileges for VIP clients: VIP account holders enjoy exclusive services, including a personal account manager and daily market analysis, which significantly improves the quality of their trading.
- Financial stability: The company's capital exceeds 100 million euros, emphasizing its reliability and stability in the market.
- Swap-free accounts for religious traders: FxPro offers special swap-free accounts for Shariah-compliant traders, thus ensuring inclusivity and taking into account the diversity of client needs.
- Quality trading environment: The broker maintains high trading standards thanks to its professional team of analysts and education department, making its platform one of the most reliable in the industry.
Minuses
- High minimum deposit: For novice traders who are just starting out in the Forex world, a minimum deposit of $100 can be a significant barrier. This amount may seem high for those who just want to try out the platform without a significant financial investment.
- Problems with registration in the affiliate program: Some users encounter difficulties when trying to register in the FxPro affiliate program. Difficulties may include an unintuitive registration process or delays in processing applications, which can cause frustration and discourage potential partners.
Customer geography
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Vietnam17.52%
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United Kingdom3.68%
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Brazil3.66%
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South Africa3.55%
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Cyprus1.93%
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Pakistan1.81%
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Malaysia1.75%
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Germany1.73%
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United States1%
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United Arab Emirates0.33%
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Others43.04%
Expert evaluation
FxPro stands out in the market as a broker that effectively combines marketing strategies with advanced technologies. For more than 17 years of its existence, the company has significantly expanded its technical capabilities. For example, the average order execution time at FxPro is only 14-30 ms, which is much faster than the standard time of 100-150 ms in the market. In addition, the average spread on the EUR/USD pair is from 0.3 to 0.8 pips, and the maximum expansion during periods of volatility is 30-50%. These data are confirmed and can be verified by installing a special script in MT4/MT5.
FxPro offers conditions suitable for all categories of traders. Beginners can start with a demo account on any of the available platforms, including cTrader, MT4/MT5 and FxPro’s own platform. The platforms support the integration of proprietary indicators and Expert Advisors, which expands customization opportunities.
A variety of tools including market sentiment indicators, Trading Central analytics and news feeds are available in the personal account, providing traders with all the information they need to make informed decisions.
Although the number of available payment methods is limited due to regulatory requirements, FxPro compensates for this with instant processing of withdrawal requests and prompt transfer of funds to clients’ accounts.
Analysis
Ribeit
Registration with FxPro broker through MOFT rebate service allows traders to significantly reduce trading costs. To take advantage of this advantage, it is necessary to register for free on the MOFT website, open an account and start trading.
Refund via rebate service:
For each trade made through FxPro, MOFT pays a rebate of 4.8 dollars for each standard lot.
Savings example:
Let’s assume that a trader has invested 1000 dollars and trades EUR/USD once every 2-3 days. He opens 10 trades in a month. Suppose that his moderate trading strategy has yielded a profit of 25%, which is $250. If the broker’s commission is approximately $6 per lot, the total commission cost for 10 lots is $60. However, thanks to registration through MOFT, the trader will get back to his balance in MOFT 48 dollars of the paid commission.
This model allows traders to not only optimize their costs, but also increase the overall profitability of their trading operations. Consider registering through MOFT to maximize your profits and minimize your costs when trading with FxPro.
Trading conditions
Traders working with FxPro broker highly appreciate the trading conditions of the company, especially noting it as one of the leaders in the CIS market due to the narrow spreads and absence of commissions for stock trading.
FxPro Tools and Platforms:
FxPro provides traders with a wide range of tools for technical and fundamental analysis, as well as a variety of charts that simplify market operations. Clients can choose between several trading platforms including MetaTrader 4, MetaTrader 5, FxPro’s proprietary Trading Platform and cTrader. For the convenience of users, trading is available online on a variety of operating systems including Windows, Mac, iOS and Android.
NDD model and end-to-end order processing:
FxPro operates according to the NDD (Non-Dealing Desk) model, which means that the dealing center does not interfere in the order execution process. Thanks to this and the technology of Straight Through Processing (STP), the broker guarantees tight spreads even during periods of increased market volatility. Leverage can reach up to 1:500, providing traders with significant opportunities to scale their operations.
FxPro continues to maintain high standards in providing quality trading conditions, making it the preferred choice for many traders in the CIS region and beyond.
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Trading platform
MT4 (Standard, Pro, Raw, Elite), MT5 (hedging, netting), cTrader, FxPro Trading Platform
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Accounts
FxPro MT4 Instant (with fixed spreads), FxPro MT4 Instant (with floating spreads), FxPro MT4, FxPro MT5, FxPro cTrader, VIP account
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Account currency
USD, EUR, GBP, CHF, AUD, PLN, ZAR, JPY
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Deposit/withdrawal
Visa/Mastercard, Local card processing (from cards in national currencies - AZN, KZT, KGS, MDL, UAH, UZS ), Bank Transfer, Perfect Money, UnionPay, Skrill, Neteller, cryptocurrencies (USDT, BTC, ETH, LTC).
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Minimum deposit
$100, 5 000 RUR, 500 UAH and from 50 USD when transferring from crypto wallets.
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Leverage
1:500+
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PAMM accounts
no
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Minimum order
From 0.01 lot
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Spread
From 0.0-1.2 points
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Instruments
CFDs on currency pairs, futures, indices, stocks, metals, energy, cryptocurrencies - more than 2000 assets
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Margin call / Stop out
100% / 50%
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Liquidity provider
International banks
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Mobile trading
yes
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Affiliate program
yes
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Order execution
Market Execution
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Trading features
Scalping - for all types of financial instruments. Negative balance protection for client accounts. 24-hour multi-lingual support, 5 days a week. Expert Advisors, algorithmic trading
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Contests and bonuses
no
Commissions
MOFT analysts conducted a detailed analysis of trading conditions of FxPro broker, focusing on the presence of trading and non-trading commissions. For clarity and ease of comparison, the results of the analysis were formalized in the form of a table.
Broker Overview
FxPro brokerage company, founded in 2006 in Cyprus, holds leading positions in the CIS market and offers a variety of services in the Forex market. The main focus of the company is the development of innovative technologies and trading tools that improve both profitability and convenience of trading for traders.
FxPro’s main products and services include:
- Contracts for Difference (CFDs) on various asset classes: Forex, equities, indices, futures, metals and energy.
- High-quality execution of trades without the intervention of dealing centers, provided by access to first-class liquidity.
FxPro KPIs:
- Company capitalization – €100 million.
- Market presence – more than 170 countries.
- Awards received – over 80 international recognitions.
- Trading platforms – access to 4 major systems.
- Sponsorship projects – participation in 7 international initiatives.
- Assets for trading – offering 6 asset classes.
- Order execution speed – less than 11.06 milliseconds.
- Transaction volume – processing more than 7000 transactions per second.
Value-added services:
- VPS servers for continuous trading and algorithmic trading.
- Two-level educational program, including basic and advanced levels.
- FxPro Mobile App and FxPro Tools – integrated solutions for trading account management and access to up-to-date analytics and market information.
- FxPro Direct is an innovative trading account management application that allows you to perform all necessary operations directly from your smartphone.
FxPro continues to confirm its reputation as a reliable and stable financial company providing traders with optimal conditions for successful trading and investing.
Advantages
- Segregation of client accounts: FxPro holds client funds in some of the world's largest banks, including Barclays. This ensures a high level of safety of funds, and an annual independent audit confirms the financial transparency of the company.
- Flexible pricing: The broker provides clients with flexible floating spreads, which allows to avoid slippages and minimize trading costs.
- Variety of trading platforms: Clients can choose from several platforms, including MT4 for standard trading, MT5 for stock trading and the browser-based FxPro Trading Platform for easy access without installing additional software.
- Negative Balance Protection: FxPro offers negative balance protection, ensuring that clients do not lose more than they have in their trading account.
- Analytical tools: The company provides access to advanced analytical tools from Trading Central and other partners, allowing clients to make informed trading decisions based on professional analytical data.
FxPro personal account overview
To start trading with FxPro broker and use all available features, follow the steps below:
1. Registration on the website: Go to the official FxPro website and click on the “Registration” button on the main page. Fill in the necessary information: first name, last name, e-mail, phone number, and create a password.
2. Data Verification: After registration, depending on requirements, additional verification of your account may be required, including email confirmation and other documents for full access to deposit and withdrawal features.
3. Using your personal account:
- Funds Management: In the Accounts tab, monitor the movement of your funds, including transaction history.
- Analytical Tools: Includes an economic calendar to track important market events, as well as calculators to calculate trade parameters.
- Trader’s Panel: Provides access to market sentiment analysis, percentage deviation of major asset prices, current quotes and trading session schedule.
Additional Resources:
- Training & Analytics: Get access to eBooks, webinars, fundamental and technical analysis, and exclusive economic news through FxPro Squawk.
- Feedback & Support: Use the online chat or callback feature to contact support.
- Security Settings: Customize authentication and mailing settings to increase the security of your account.
By following these simple steps, you will be able to effectively start your trading with FxPro and take advantage of all the opportunities provided by the broker.
Answers to questions
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What documents are required to verify an account with FxPro
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What trading platforms are available at FxPro
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What are the commissions and spreads in FxPro
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What security measures does FxPro provide to protect clients' funds
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How quickly are withdrawal requests processed
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What educational resources does FxPro provide
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How can I contact FxPro support service