FxPro Review – wide choice of platforms but high minimum deposit

FxPro.com is a CFD provider that offers CFDs on stocks, indices and commodities in addition to currency pairs. Learn more about CFDs here. FxPro belongs to the FXPRO Financial Services Ltd group, this company is licensed in Europe by the regulatory authority CySEC. Thanks to this regulation, the broker can legally offer its services in Europe. At the time of measurement, the broker charged a spread on the EUR/USD currency pair – 1.6 pips, the minimum deposit at FxPro is set at $500. The broker’s website is available in 32 languages.

FxPro Review – Broker overview

Minimum deposit	500 USD
Platform	cTrader, MT4, MT5, their own
Regulated broker	Yes
Regulations	CySEC
Demo account	Yes

Special features and advantages

Automatic Trading (EAs)

Trading platform

FxPro allows traders to use a total of 4 trading platforms; MetaTrader 4, MetaTrader 5, cTrader and FxPro Edge. All trading platforms are accessible from a web browser. MT4, MT5 and cTrader can also be downloaded directly to your computer. Through its trading platforms, the FxPro broker provides access to approximately 200 trading assets.

FxPro fees (spreads)

Just like any other CFD broker, FxPro charges a spread fee. For the current value of this fee, please visit the FxPro website. We have prepared a small comparison table here, where you can find the amount of FxPro spread fees on popular currency pairs compared to 2 other popular CFD brokers.

EUR/USD	EUR/USD	USD/JPY	GBP/USD	AUD/USD
Plus500*	0.6	0.7	1.1	0.6
XTB*	0.8	1.4	2.0	1.7
Capital.com**	0.8	0.7	1.3	0.8

FxPro Review – Summary

FxPro must comply with the strict regulatory guidelines of the CySEC regulatory authority. The broker has fairly decent fees (spreads) and offers its traders a total of 4 popular platforms. But unfortunately there are no CFDs on cryptocurrencies (or even just Bitcoin) and the minimum deposit is a bit higher than usual.

Advantages

• Relatively strict regulation
• 4 platforms to choose from
• Decent spreads

Disadvantages

• High minimum deposit
• Range of assets is quite narrow

FxPro Review – Broker rating