Verification record
FxPro review
The entity behind FxPro, its licence, and how to confirm both yourself.
Last checked
FxPro is not a scam, and the checks that would show one all came back clean: the licence is real, the entity behind it is named, and the regulator's own register confirms both. Regulated by FCA (509956); CySEC (078/07); FSCA (45052); SCB Bahamas (SIA-F184); Seychelles FSA (SD120, via Invemonde Trading Ltd partnership), offering MetaTrader 4, MetaTrader 5, cTrader, TradingView, FxPro Trading Platform.
Our rating
One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.
Regulation and safety
- Regulated by
- FCA (509956); CySEC (078/07); FSCA (45052); SCB Bahamas (SIA-F184); Seychelles FSA (SD120, via Invemonde Trading Ltd partnership)
- Regulator tier
- Tier 1
- Register entry
- FCA Financial Services Register, FRN 509956
- Client money segregated
- Yes
- Held at
- Barclays Bank; Julius Baer; Royal Bank of Scotland
- Negative balance protection
- Yes
- Compensation scheme
- FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible CySEC clients
- Audited by
- PwC
- Not available to
- United States, Canada, Iran and other restricted jurisdictions
A licence is the first thing a fake broker cannot produce, so it is the first thing to check.
FxPro holds tier-one authorisations from FCA and CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.
It also operates an offshore entity (SCB and FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.
The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.
CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.
The FSCA licenses derivative providers in South Africa without a fixed retail leverage cap, so headline leverage is often higher than an FCA or ASIC entity may offer.
Check the licence yourself: the FCA Register, the CySEC register of investment firms, the FSCA list of regulated entities, the Seychelles FSA list of regulated entities.
The company behind the brand
- Legal entity
- FxPro UK Limited
- Company number
- 06925128
- Headquarters
- London, United Kingdom
- Founded
- 1999
- Publicly listed
- No
- Parent company
- FxPro Group Limited
- Employees
- 600+
- Also trades as
- FxPro
Deposits and withdrawals
- Deposit methods
- Visa, Mastercard, bank transfer, Skrill, Neteller, crypto and regional/local payment methods
- Withdrawal methods
- Visa, Mastercard, bank transfer, Skrill, Neteller, crypto and applicable local methods
- Deposit time
- Approx. 10 minutes for most methods; SEPA/local bank transfer generally same business day
- Withdrawal time
- Processed 24/5; typically within 1 business day, plus payment-provider processing time
- Minimum withdrawal
- No minimum
- Local payment methods
- Yes, extensive region-specific payment options
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- 0.43 pips on cTrader
- GBP/USD spread
- 0.70 pips on cTrader
- Commission
- $3.50 per side / $7 round turn
- All-in cost, EUR/USD
- Approx. 1.13 pips
- Spread type
- Variable
- Overnight swap
- Both: overnight swaps apply; Islamic/swap-free accounts available
- Currency conversion
- Currency conversion applies where funding/account currencies differ
Costs matter less than whether you can withdraw, but an offer that looks impossible usually is.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
FxPro lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Accounts
- Minimum deposit
- $0
- Account types
- Standard, Raw+, Elite, cTrader, Islamic, Demo
- Account currencies
- 13 base currencies
- Islamic account
- Yes
- Demo account
- Yes, 180-day lifespan
- Professional account
- Yes
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes
Markets and execution
- Markets
- Forex, Metals, Indices, Futures, Energy, Shares, ETFs, Cryptocurrencies
- Currency pairs
- 70+
- Total instruments
- 2,100+
- Crypto CFDs
- Yes
- Maximum leverage
- 1:30
- Execution model
- No dealing desk intervention / market execution
- Execution speed
- Under 8ms
- Order types
- Market, limit, stop, stop-limit, stop-loss, take-profit, trailing stop
- Servers
- Equinix LD4, London
Leverage is capped at 1:30, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.
FxPro covers forex, metals, indices, futures, energy, shares, etfs, cryptocurrencies. A wider range matters less than depth in the instruments you actually trade.
Funding options: visa, mastercard, bank transfer, skrill, neteller, crypto and regional/local payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.
Platforms and tools
- Platforms
- MetaTrader 4, MetaTrader 5, cTrader, TradingView, FxPro Trading Platform
- Own platform
- Yes, FxPro Trading Platform
- Mobile app
- Both proprietary and third-party
- Browser trading
- Yes
- Automated trading
- Yes; EAs, cBots, backtesting and VPS
- Copy trading
- Yes, cTrader Copy
- Indicators
- 400+ through TradingView; 55+ cTrader; 38+ MT5
- Third-party tools
- TradingView, Trading Central, BeeksFX VPS
- API access
- Yes, cTrader Open API/FIX API
MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.
MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.
cTrader shows depth of market and level II pricing, and is usually paired with raw-spread accounts rather than fixed-spread ones.
TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.
Support and education
- Support hours
- 24/5
- Contact channels
- Live chat, email, phone, callback
- Languages
- Multilingual
- Telephone
- +44 (0) 203 151 5550
- support@fxpro.com
- Live chat response
- Typically under 2 minutes
- Education
- Extensive: courses, educational articles, tutorials, videos, platform guides and trading glossary
- Research
- Extensive: FxPro News, Trading Central, technical analysis, market outlooks, calculators and trading tools
Questions people ask about FxPro
Is FxPro a real registered company?
Yes. At FxPro, the company you would be contracting with is FxPro UK Limited, registered as 06925128 and based in London, United Kingdom. A registration number is checkable in the register of the country that issued it, and a broker that will not give you one is telling you something.
Is FxPro regulated, and by whom?
FxPro holds FCA (509956); CySEC (078/07); FSCA (45052); SCB Bahamas (SIA-F184); Seychelles FSA (SD120, via Invemonde Trading Ltd partnership), which we grade as tier 1. A licence number is the part worth checking, because it is the thing a cloned site copies and the thing the regulator's register will not confirm.
Does FxPro trade under any other names?
FxPro also appears as FxPro. This matters when you are checking a licence or a warning list, because a search for one name will not always find what was published about another.