[ratings id=”5394″]

fxpro
FXSUCCESS RATING (4.5 OUT OF 5)
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FXPRO OVERVIEW
COMPANY INFORMATION ACCOUNT INFORMATION
Broker Name FxPro Financial Service Ltd Segregated Account Yes
Website www.fxpro.com, www.fxpro.co.uk Islamic Account Yes
Headquartered In Limassol, Cyprus Institutional Account Yes
Founded In 2006 VIP Service Yes
Regulating Authority FCA, CySEC, MiFID PAMM / MAM Account PAMM & MAM
US Clients Accepted No Deposit Option Credit/Debit Card, Bank Wire, Paypal, Neteller, Skrill
Broker Status Independent Broker Withdrawal Option Credit/Debit Card, Bank Wire, Paypal, Neteller, Skrill
Broker Type ECN/STP, Market Maker TRADING TERMS
Telephone Number CY Tel: +357 25 969 200; UK Tel: 44(0)203 151 5550 Trading Platform MT4, MT5, FxPro cTrader, Super Trader, Mobile Terminal
Fax Number +44(0)203 151 5550 Precision Pricing 5 Digits
Email Support [email protected] Type of Spread Floating
International Office France, Austria, UK, Australia, Spain, Russia Commission
  • no – Mini & Standard account
  • yes – ECN account
Web Site Language Multi Lingual Scalping Yes
ACCOUNT INFORMATION Hedging Yes
Free Demo Account Yes Expert Advisors Yes
Min. Deposit $500 Lowest spread Lowest spread on EURUSD 0.8 Pips
ECN Deposit $1000 Trading Instruments Metals, Oil, Gold, Indices, Stocks, Commodities, Forex, CFDs
Account Currency USD, EURO, JPY, GBP, CHF One Click Execution Yes
Maximum Leverage 500:1 OCO Orders No
Minimal Order Vol. 0.10 Managed Account No
TRADING TERMS Email Alerts Yes
Interest on Margin No Mobile Alerts Yes
OS Compatibility Mac, Windows, Mobile, Web, iPhone, iPad Trailing Stops Yes
Streaming News Feed Yes Mobile Trading Yes
Charting Package No Web Based Trading Yes
Trading Signal No CUSTOMER SUPPORT
Market Commentary No Customer Support Lang Multi Lingual
CUSTOMER SUPPORT Personal Account Manager Yes
Customer Service Hours 24/5 Email+Phone support Yes
Place Trades Over the Phone Yes Email Response time Within 24 hours
PROMOTION PROMOTION
No Deposit Bonus No Trading Tools Yes
Bonus for First Deposit No Other Promotion EA Portal, Fxpro Quant, Autochartist, FX Alerts, FxPro Squawk
Free VPS Yes (Conditional) Close trade over the phone Yes
REAL TIME SPREAD MONITORING

CURRENT PROMOTION
TRADING TOOLS FREE VPS SERVICE ZERO FEES ON DEPOSITS & WITHDRAWALS

IMPORTANT NOTE: All above information is successfully verified by FXPRO TEAM. If you find anything worng then must inform us immediately.

 

FXPRO BROKER REVIEWS

A fully fledged Forex broker, FxPro was established in 2006 by Denis Sukhotin and a team of veteran financial experts to offer their clients a reliable avenue to trade in the financial markets. Apart from Forex, FxPro also offer a selection of financial instruments like CFDs, Commodities, Futures and Indices. Today, FxPro is serving clients in over 120 countries 24/7. With offices in Austria, France, Cyprus, Greece, Russia and the United Kingdom and strong culture of corporate responsibility, it is not surprising that FxPro is well regarded by many of its clients. FXPro is an ECN/STP broker meaning through the cTrader platform they pass on your trades directly to an institution. They do not take the other side of the trade themselves. However through their MT4 platform the trades go through their dealing desk.

TRADING PLATFORMS

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It doesn’t matter if you are new to the financial markets or an expert; FxPro offers several types of trading platforms to suit the individual’s needs. These platforms include:

  • The industry’s standard MT4 based platform
  • MT4 Multi terminal platform
  • The cTrader, an ECN friendly platform
  • Web Based platforms for MT4 and cTrader
  • MT5 Terminal Coming soon.
  • Mobile trading solutions for iPhone and Smartphone

TRADING ACCOUNTS

To open a trading account at FxPro, you need to first create a FxPro Direct profile. With the profile you can open

  • FxPro Corporate Trading Accounts
  • FxPro cTrader Trading Accounts
  • FxPro MT4 Trading Accounts
  • FxPro MT5 Trading Accounts
  • FxPro PAMM Trading Accounts

There is however a requirement of a minimum initial deposit of $500 (or the equivalent in CHF,EUR, GBP or JPY).

COMMISSION AND SPREADS

The spreads charged by FxPro varies depending on the type of platform used the by traders. For MT4 trading platforms, the spreads are variable and starts from 0.8 pip. For cTrader trading platforms, the variable spread starts from 0.1 pip in addition to a $4.5 per lot commission.

MT4 SPREAD COMPARISON:

spread

COMMISSIONS AND SPREADS

cTRADER SPREAD COMPARISON:

CTRADER

SEGREGATED ACCOUNTS FOR CLIENTS AND COMPANY’S FUNDS

FxPro’s clients can have the peace of mind that their funds are not improperly used for other purpose than their trading objectives. In addition, the company’s accounts are audited to international standards by the international auditing firm Price Waterhouse & Cooper.

PAYMENT METHOD

payment option

LEVERAGE MARGINS

The margin required depends on the instruments traded:

  • Commodities require a margin of 2%
  • For CFD shares, 10% margin is needed
  • For Forex, the margin ranges from 1:1 to 1:500

INVESTOR COMPENSATION FUND

As a member of the Investors Compensation Fund (ICF) in Cyprus, FxPro’s clients are further protected from losses due to financial impropriety. Note that the eligibility of a claim is dependent on its nature and status.

DEALING WITH TOP TIRE BANK

At FxPro, funds are only channelled through Top Tier banks that have some of the highest ratings by international rating firms. This ensures that the deposited funds have the lowest credit risk in the market.

AWARDS

In recognition of their corporate resolve to be a leading financial services provider, FxPro have won numerous awards from various financial review periodicals:

  • Best Forex Broker 2008 by CEO Magazine
  • Best Forex Broker 2009 by World Finance Magazine
  • Best Global Trading Platform 2010 by World Finance Magazine
  • Fastest Growing Global Forex Broker 2010 by World Finance Magazine
  • Forex Provider of the Year by FT/IC Investment Awards 2010
  • Most Innovative Company in Cyprus 2010
  • Special Exports Award for Services – Cyprus Export Awards 2009

POSITIVE SIDE VS NEGATIVE SIDE
POSITIVE SIDE NEGATIVE SIDE
Very popular broker that is regulated from CySEC, FCA, MiFID. During high volatile news time you may get some requotes, slippage, delay trade execution.
Moderate spread in MT4 account and very low spread in cTraders platform. No deposit bonus that can be a problem for small investor.
Very good and friendly customer support that we like very much. Minimum investment 500 USD that can be little bit difficult for new trader.
Fast withdraw, no deposit and withdraw fees. cTrader per round turn lot commission almost 9 USD that is little bit high. Althorugh spread very low.
Segregated accounts, investor compensation fund, dealing with top tier banks that really very importat issue. High minimum transaction size (10,000 unites)

 

CONCLUSION

Overall, apart from the minor hiccups above, FxPro is a reliable and credible broker. Many of the clients are long standing which proves that they are generally happy with the level of service provided by the company.

FXSUCCESS FULL REBATES SPECIFICATION

Click here to check full rebates specification

TRADING INSTRUMENTS MT4 ACCOUNT ECN (cTRADER)
Forex Up to 10 USD Up to 10 USD
Shares 0.8 USD
Spot Metals Up to 45 EUR
Futures Up to 6 USD

There are many forex cashback service company but why should you select FXSUCCESS as your partner?

Please try to find out your answer from AMAZING FXSUCCESS page.

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REVEW

FOR GENERAL VISITOR

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  • Without any major evidence don’t submit any bad review against any broker.
  • Make sure that you provide all valid information including your name, email etc.

FOR FXSUCCESS MEMBER

  • Only post reviews if you trade with this broker.
  • If you face any kinds of problem/scam with this broker then contact with our support team and they will help you to solve the issues.
  • Mention your account number and username (fxsuccess), don’t worry we will not publish it.

[ratings id=”5394″]