This brokerage has been the leader of the pack for a few years now and in operation for more than 10. It’s considered to be the top of the tier when it comes to global Forex Brokers. It has won more than 35 awards for being BestFX Service, Best FX Broker, Best FX Tools and Best FX Trading Platform to name a few. It’s certainly a hard act to follow by other brokers.
FxPro at a Glance
The Good – reportedly a leader in the Forex industry and in operation since 2006. Offers beginner support and is active in social areas outside of trading, that is the community.
Leverage – Not stated.
Regulation – CYSec, FCA and FSB
Customer Support – 24/5, 18 languages, beginners, well-trained reps.
Accounts – MT4, MT5, Instant or Market Execution, fixed spread option. $100 minimum accounts and trading allowed on commodities, metals, and shares as well as currencies. Accounts can be held in 8 different currencies.
FXPro has all the necessary regulations with the FCA and CySec. Client Investment accounts are segregated from operating capital and deposited in major banks.
You can choose your trading platform and as well as the in-house developed FXPro system or you can stick with the popular MetaTrader4 as well as MT5 and cTrader.
Spreads and Leverage
The spread is 0.6 pips. The leverage is not stated clearly but maybe we can assume industry standard at 400:1. The leverage changes with investment product so you would need to check that out when you apply for an account.
Deposits and Withdrawals
All major credit and debit cards are accepted as well as bank transfers and a long list of web-based internet money systems such as Paypal and Skrill, for example.
The brokerage has an FXPro Academy which includes trader designed webinars. You can obtain tutorials and videos and the usual market commentary and tips of trading strategies as well.
A company that can manage 5000 trades per second and execute 99.9% of orders in 50 milliseconds doesn’t need a lot of written kudos here. FXPro is the leader in Forex trading, cleverly set up by financial experts ten years ago. If you want to know more about their philosophy, read their mission statement. It says it all.