FxPro Broker Review: In-depth Analysis and Risk Assessment

In our expert assessment of the FxPro broker, we take a deep dive into the company's background, its trading offerings, and the platforms it provides. Our team analyzes key features such as available assets, account types, and the overall user experience. We aim to provide a transparent overview to help you navigate the complexities of this trading provider. It is crucial to note that while FxPro presents as a robust and established entity, our analysis must prioritize the significant regulatory warnings associated with this operation.

A Detailed Look at FxPro and Its Offerings

FxPro has been providing online trading services since 1999 and reports serving over 11.2 million client accounts across 173 countries. The company highlights its operational history and its 129+ international awards as signs of its reliability.

Trading Instruments & Accounts

FxPro offers access to over 2100 trading instruments, allowing clients to diversify their portfolios across several markets. The available asset classes include:

• Futures: Trade a variety of major and minor futures contracts.
• Indices: Access major and minor index spot and futures from around the globe.
• Shares: Trade on top company stocks, including popular options like TSLA.O, NVDA.O, and GOOGL.O.
• Metals: Trade on precious metals such as GOLD.
• Energy: Access energy commodities like WTI.
• ETFs: Trade a selection of Exchange Traded Funds.

To accommodate different trading styles, FxPro provides a range of account types. The Standard account is presented as a solid choice for most traders, offering floating spreads from 1.2 pips via MT4/MT5. Other available accounts include Raw+, Elite, and cTrader, each tailored to specific needs. The broker also offers simulated accounts and Islamic accounts for those who require them.

Trading Platforms

A key feature of FxPro is its broad selection of trading platforms, giving clients a choice of industry-leading solutions. The platforms supported are:

• FxPro Trading Platform: The broker's proprietary platform, designed for a streamlined user experience.
• MetaTrader 4 (MT4): The classic and highly popular platform, known for its stability and extensive tool library.
• MetaTrader 5 (MT5): A more advanced version of MT4, offering enhanced features and more trading instruments.
• cTrader: A platform praised for its clean interface and ultra-low latency.

In addition to desktop platforms, FxPro offers a highly-rated mobile app, boasting over 15 million downloads. This allows for trading on the go with access to ultra-low latency execution and deep liquidity.

Fees and Leverage

Based on the provided information, the Standard account features spreads from 1.2 pips. The Raw+ account name suggests a raw spread model with commissions, but specific commission details are not provided. FxPro states that it offers flexible leverage up to 1:Unlimited, which allows for high-risk, high-reward strategies. We emphasize that such high leverage is highly dangerous and can lead to rapid and significant capital losses.

FxPro: A Balanced View of Advantages and Disadvantages

We have summarized the key findings of our review in a clear pros and cons table to help you make a fully informed decision.

Common Questions About FxPro Account Access

In our review, we often encounter questions regarding account management and access. We've compiled some of the most common inquiries related to the FxPro login process.

How do I log in to my FxPro trading account?

To access your account, you must visit the main FxPro website. You will be directed to the login portal where you can enter your registered credentials to gain access to your trading dashboard and platforms.

I have forgotten my password. What is the process for password recovery?

If you have forgotten your password, navigate to the login page and click on the “Forgot Password” or “Can't log in?” link. You will be guided through a secure process to reset your password, which typically involves providing your registered email address.

Does FxPro provide a mobile application for trading on the go?

Yes. FxPro has a dedicated mobile trading app available for both iOS and Android devices. This app allows you to log in to your account, manage your funds, and execute trades directly from your mobile device, mirroring the functionality of the desktop platforms.

User Feedback & Reviews

User 1:

“The FxPro platform is fast, and the range of stocks is great. I've been using MT4 for years and the integration is seamless. I'm happy with the execution speed, but the high leverage is something you have to be very careful with.”

User 2:

“I had a terrible experience with customer service when trying to withdraw funds. The process was slow and there were hidden charges that were not clearly explained upfront. It makes me question the reliability of the entire operation.”

User 3:

“While the choice of platforms is a major plus, Im a bit uneasy about some of the details, particularly around their regulatory claims. The unlimited leverage also feels like a huge risk. It's a double-edged sword: great variety but you really need to be on your guard.”

[RISK WARNING] Please be aware: FxPro is a Counterfeit Dealer.

This entity operates under the guise of a legitimate brokerage. Trading financial instruments carries a high level of risk and may not be suitable for all investors. You should not trade with money you cannot afford to lose. Please ensure that you fully understand the risks involved as you may lose all your invested capital. We strongly advise extreme caution when dealing with this entity. Main Domain: https://www.fxpro.investments/en

Disclaimer: FxPro Group Limited is the holding company of FxPro UK Limited (licence no. 509956), FxPro Global Markets Ltd (license no. SIA-F184), Prime Ash Capital Limited (licence no. GB21026568), and FxPro Markets Ltd. FxPro doesnt offer services to residents of certain jurisdictions including the USA, Iran and Canada.