CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risk of losing your money.

Last updated: 10 July 2026

FxPro Review

4.4 / 5

FxPro is a long-established, multi-regulated broker offering exceptional platform variety (MT4, MT5, cTrader, and its own FxPro Edge) with sub-13ms execution speeds. Independent testing has found its Standard account pricing runs above industry average, so cost-conscious traders should default to the Raw+ or Elite accounts instead — but for traders prioritizing regulatory security and platform choice, FxPro remains a solid, trustworthy option.

Visit broker

Overview

Founded in 2006 and headquartered in London, UK, FxPro offers Forex, Indices, Commodities, Share CFDs, Futures, Cryptocurrency CFDs trading via MT4, MT5, cTrader, FxPro Edge (proprietary web platform), FxPro Mobile.

Ready to try FxPro?

Open an account

Regulation & safety

Regulatory coverage varies by entity — some licenses (for example, FCA in the UK) may apply only to institutional or professional clients, while retail clients are onboarded under an offshore entity (such as Seychelles or Mauritius). Offshore entities typically offer negative balance protection but not the investor compensation schemes that come with EU/UK-regulated accounts. Confirm which entity you are being onboarded under before depositing.

Account types & fees

Account Min deposit Spread from Commission
Standard $100 ~1.2–1.5 pips None
Raw+ $100–$1,000 (entity-dependent) 0.0 pips ~$7/lot round turn
Elite ~$1,000+ or volume-qualified 0.0 pips Rebated, from ~$5.50/lot round turn
cTrader $100 ~0.2 pips ~$4.50/lot/side

Maximum leverage: Up to 1:500 (offshore entities); capped at 1:30 under FCA/CySEC retail rules

Platforms & tools

Available platforms: MT4, MT5, cTrader, FxPro Edge (proprietary web platform), FxPro Mobile. Free VPS hosting and copy trading may also be available for active traders — check current eligibility requirements on the broker's site.

Deposits & withdrawals

No internal deposit or withdrawal fees, though third-party payment processors, banks, or currency conversion may apply their own charges. A withdrawal fee (around 2.6%) may apply if requested without any prior trading activity. Most e-wallet and card transactions process within minutes to one business day; bank wires take 1–3 business days. An inactivity fee (commonly cited around $10/month) applies to dormant accounts after an extended period, varying by registered entity.

Pros

  • Multi-jurisdiction regulation (FCA, CySEC, FSCA, SCB)
  • Exceptional platform variety: MT4, MT5, cTrader, and proprietary FxPro Edge/Mobile
  • Execution speeds under 13ms
  • No internal deposit or withdrawal fees
  • Negative balance protection; FSCS/ICF compensation schemes for UK/EU clients
  • Free demo accounts across all platforms

Cons

  • Standard account spreads test above industry average on several instruments
  • Commission on cTrader can run on the higher side
  • Inactivity fee applies after dormancy (varies by entity)
  • Not available to Canadian residents
  • Education/research tools noted as an area for improvement versus category leaders

Ready to try FxPro?

Open an account

Is FxPro good for traders?

FxPro suits traders who value platform variety and multi-jurisdiction regulation over the absolute lowest cost. Its Standard account is convenient for beginners but has tested above industry-average spreads on several instruments, so active and cost-conscious traders should use the Raw+, Elite, or cTrader accounts instead, where pricing is meaningfully tighter. FxPro does not accept residents of Canada and a small number of other restricted jurisdictions — confirm current eligibility for your country before signing up, and note that clients in some regions are onboarded through offshore entities with different protections than FCA/CySEC retail clients.

Full review

Account opening and verification

FxPro's registration includes standard KYC document upload plus a financial background and trading-experience questionnaire, which helps the broker calibrate account type suitability. The process is straightforward and well-guided according to independent testers.

Trading platforms in practice

FxPro's standout feature is platform breadth: MT4, MT5, cTrader, and its own FxPro Edge web platform, plus a well-regarded mobile app that underwent a significant revamp. Execution speeds under 13ms have been independently verified. This makes FxPro a strong choice if you want to compare platforms before settling on one.

Spreads and execution quality

This is where FxPro requires care in account selection. Independent live testing has consistently found the commission-free Standard account pricier than industry averages — around $14–15 per lot versus an approximate $11.54 industry benchmark, with EUR/USD spreads commonly cited around 1.2–1.5 pips. The Raw+ account improves this meaningfully with spreads from 0.0 pips for most of the trading day plus a per-lot commission, and the Elite tier (available at higher balances or trading volume) adds rebates that lower effective costs further. In short: Standard is convenient, Raw+/Elite is where the real cost competitiveness lives.

Algorithmic and automated trading

FxPro supports Expert Advisors and hedging across all account types and platforms, with no restrictions on automated strategies. A VPS service is available for a monthly fee for traders running latency-sensitive systems.

Deposits and withdrawals in practice

FxPro charges no internal deposit or withdrawal fees, though a withdrawal made without any prior trading activity may incur a fee of around 2.6%. Most electronic methods process within minutes to one business day; independent user reports describe bank withdrawals typically arriving within 24 hours.

Customer support

Support is generally rated professional and responsive, with a well-organized help center and video tutorials. Reviewers have noted that 24/7 support (offered by some competitors like IC Markets) and dedicated account managers for all clients, not just high-volume traders, would be worthwhile additions.

Fees beyond the spread

Beyond spreads and Raw+/Elite/cTrader commissions, FxPro applies an inactivity fee (commonly cited around $10/month) after an extended dormancy period, varying by registered entity. Overnight positions incur standard swap fees, with a swap-free option available on request for all account types (a fixed admin fee may apply instead after a grace period).

How FxPro compares

Against Vantage and Pepperstone, FxPro offers the widest platform selection of the three (including its own FxPro Edge), but its Standard account tests as pricier than either competitor's equivalent entry-level account. The practical takeaway: if you choose FxPro, skip Standard and go straight to Raw+ or cTrader for competitive pricing, the same way we recommended skipping XM's Standard account in favor of Ultra Low or Zero.

Bottom line

FxPro earns its long track record through genuine platform diversity, fast execution, and solid multi-jurisdiction regulation. Its main pitfall is account selection — the commission-free Standard account is convenient but not cost-competitive, so active traders should default to Raw+, Elite, or cTrader instead.

Open an account with FxPro

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risk of losing your money.