FxPro is one of the top global forex and CFD brokers. FxPro Group Limited is the holding company behind it and its subsidiaries – FxPro Financial Services Ltd, FxPro UK Limited, FxPro Global Markets MENA Limited and FxPro Global Markets Ltd are authorized and regulated by the FCA in the UK, CySEC in Cyprus, FSCA in South Africa, DFSA in the UAE, and SCB in the Bahamas.
FxPro offers six asset classes, including currency pairs, spot metals, shares, spot indices, spot energies and futures with a leverage of up to 1:500 if you trade with FxPro Global Markets. There are currently restrictions on the maximum leverage you are allowed to use in the European Union and the UK, allowing leverage no higher than 1:30 for forex pairs and 1:20 for other CFDs.
With FxPro you can trade micro lots and the spreads can start as low as 0,75 pips, depending on the trading platform you choose to use – MetaTrader4, MetaTrader5, cTrader or the proprietary FxPro Edge.
FxPro services are offered in 20 languages – English, Spanish, French, German, Portuguese, Italian, Polish, Czech, Hungarian, Russian, Hindi, Arab, Indonesian, Malay, Korean, Chinese, Vietnamese, Thai, Urdu and Japanese.
FxPro offers 4 trading platforms: Metatrader4, MetaTrader5, cTrader and FxPro Edge
This is undoubtedly the most popular trading solution on the market, well known to experienced and beginner traders alike. MT4 is light and intuitive, with advanced charting tools and user friendly interface. It also features various analytical tools, over 50 customizable trading indicators and the option to run automated trading sessions with customizable trading bots. With the MetaTrader4 the bench mark EURUSD spread averages 1,2 pips (market execution) and 1,4 pips with instant execution.
Several years ago MetaQuotes Software launched MetaTrader5 as a replacement of MetaTrader4. The new version of the platform allows the execution of orders in several financial markets and stock exchanges through a single trading account. MT4 however, is still far more popular, because of the huge amount of software – trading robots and market indicators – written specifically for it. Here the EURUSD spread also averages 1,2 pips. Both MetaTrader4 and MetaTrader5 are offered for Windows, Mac and as a web based platform.
cTrader is also a very light and easy to use platform that offers even tighter spreads. Here the average EURUSD spread is just 0,3 pips, but because of the trading commission 4,5 USD for one standard lot traded, the actual EURUSD spread averages 0,75 pips. cTrader is also offered as a PC, web and a mobile version and comes with the automated trading software cAlgo.
FxPro Edge is offered as a beta version. It is a highly customizable web platform developed by FxPro, advertised to offer some of the tightest spreads as well as the option for Spread Betting, which however is available only to clients of FxPro UK Limited that reside in the United Kingdom.
FxPro Minimum Deposit
FxPro does not have a minimum deposit requirement, but recommends traders to invest at least 500 USD.
The funding of your account with FxPro takes less than 10 minutes.
If you trade with FxPro UK Limited and FxPro Global Markets MENA Limited, which is registered in UAE, you will be able to fund your account only with credit and debit cards like VISA and MasterCard and bank wire, while with the Cyrus regulated FxPro Financial Services Ltd, and FxPro Global Markets Ltd. apart form cards and bank transfers, you can use PayPal, Skrill, Neteller and UnionPay.
FxPro Withdrawal Time and Fees
To withdraw funds with FxPro takes one working day, if you are using a credit or a debit card, or an e-wallet. Naturally, bank transfers take longer. FxPro, however does not take responsibility for delays, linked to third parties, like the credit card provider or the money transfer company.
FxPro does not have withdraw fees, except when a withdraw is requested from an account that has no trades whatsoever.
In such cases the withdraw fee of up to 2,6% will be charged, if you are using Skrill and 2% with Neteller.
With all other payment methods there is no withdraw fee, even if you have not traded with your account.
FxPro is an exceptional broker, offering one of the best trading conditions on the market with a choice of several state of the art trading platforms. Depositing and withdrawing funds with FxPro is easy and safe and makes us give the broker a high grade.
Depositing and withdrawing funds with FxPro is easy and safe and that makes us give the broker a high grade.