The support team is knowledgeable and helpful, ensuring you receive the assistance you need whenever you encounter any issues. FxPro has a Trust Score of 90, compared to the industry average of 83, and BrokerNotes.co considers FxPro to be Highly Trusted. Elite clients qualify for rebates, which lower fees by at least $1.50 per lot. The Trading tests section offers a nice finish to the educational course.
- The MT5 trading platform is also available in desktop, web, and mobile versions.
- Nevertheless, one must keep in mind that while FxPro refrains from imposing additional costs, the financial organizations involved in facilitating these transactions might impose such fees.
- FxPro caters to retail and institutional clients and has expanded successfully since its establishment.
- I like how the support team has over 25 phone numbers from different countries that can be used to reach them for assistance.
- MetaTrader 5, an improved version of MT4, provides a highly advanced trading platform equipped with brand-new features and enhanced capabilities.
Mobile and Desktop Key Summary
FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures. The broker’s analysis and charting capabilities continue to stand as some of the best in the industry, with Trading Central integration, advanced order types and access to custom indicators. FxPro offers hundreds of stocks and ETFs from major economies including the US, UK, France and Germany, with access to high-quality research resources. The broker also continues to expand its financial services through its BnkPro e-money and investment products.
Account Types
However, some user FxPro reviews show that there is room for improvement in terms of customer support. However, there are regions where residents may not access FxPro trading services. The broker does not offer services to residents in the United States of America, the Islamic Republic of Iran, and Canada.
Overnight Fees
We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. For all of our broker reviews, we research, validate, analyse and compare what we deem https://traderoom.info/ to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. The customer service department at FxPro are decent but not the best from my experience.
Deposit fees
In many regards fxpro broker excels competitors and there’s no point to doubt this statement. At the same time the company isn’t deprived of shortcomings, for instance, considering cost-efficiency, I believe it may be more users’ wallets friendly, you know. Well, things happen, anyway…Trading itself is convenient on this platform. Rates, terms, products and services on third-party websites are subject to change without notice.
This strategy provides transparency for traders who use these account types. For traders seeking a tailored trading encounter, FxPro provides its unique trading platform. This advanced system blends the most exceptional tools, analytics, and execution speeds that FxPro has to offer.
To make a withdrawal from your trading account, log in to your secure client portal and select the Withdrawal tab from the Funds Management dropdown menu. The time frame for processing a withdrawal request is normally 1-3 business days to allow the broker to complete various security checks before initiating payment. The MT5 trading platform is also available in desktop, web, and mobile versions. Although the account creation is swift and can be completed within 5 minutes, it may take up to 24 hours to verify your trading account.
FxPro offers a range of account types tailored to cater to the diverse needs of traders, ensuring accessibility and flexibility in trading. FxPro offers fxpro broker review a diverse range of account types to cater to various trader needs. They provide a demo account for risk-free practice and strategy refinement.
This allows the company to minimize risk and costs without interfering with orders in any way. FxPro does not seem to offer any discounts for higher-volume traders on the couple commission types it does charge. I was in process of completing my documentation and completed the kyc. Then I found that they have immediately closed my profile without any noticed. When I chatted with them in their online support services, they informed me that their company decided to close my profile and they does not want to deal with me.
The broker uses fractional pricing to offer tighter spreads and more accurate pricing on the currency pairs. It quotes all FX pairs to an extra digit after the pip, which means that the last digit in any quote refers to a Point (10% of a Pip). FxPro offers CFDs on six asset classes, including Forex, shares, spot indices, futures, spot metals, and spot energies. Their range of available financial assets compares fairly to other big brokers, such as OANDA and Fusion Markets. The broker also offers the Islamic account, which is a swap-free account designed for Muslim clients who are unable to receive or pay swaps due to religious beliefs. While this account type does not incur any swaps or interest charges on overnight positions, the account holder may be charged an administration fee on trading positions.
Having said that, FxPro could improve its offering by introducing welcome promotions and deposit bonuses. FxPro offers the industry standard MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms, as well as proprietary platform options. FxPro is best for experienced traders looking for wide market access, premium research tools and advanced charting platforms.