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FxPro Forex Brokers Review

FxPro Background

Ever since our establishment, FxPro has successfully expanded to serve retail and institutional clients in more than 170 countries – and we are still growing. FxPro offers Contracts for Difference (CFDs) on 6 asset classes: Forex, Shares, Spot Indices, Futures, Spot Metals and Spot Energies. We provide our clients with access to top-tier liquidity and advanced trade execution with no dealing desk intervention.

FxPro UK Limited is authorised and regulated by the FCA since 2010. FxPro Financial Services Limited is authorised and regulated by the CySEC since 2007 and by the FSCA since 2015. FxPro Global Markets MENA Limited is authorised and regulated by the DFSA. FxPro Global Markets Limited is authorised and regulated by the SCB.

Regulation

FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration no. 509956).

FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07).

FxPro Financial Services Limited is authorised by the Financial Sector Conduct Authority (‘FSCA’) (authorisation no. 45052).

FxPro Global Markets MENA Limited is authorised and regulated by the Dubai Financial Services Authority (reference no. F003333).

FxPro Global Markets Limited is authorised and regulated by the Securities Commission of The Bahamas (license no. SIA-F184).

FxPro Forex Leverage

FxPro uses a dynamic forex leverage model on the MT4, MT5 and cTrader platforms which automatically adapts to the clients trading positions. As the volume per Instrument of a client increases the maximum leverage offered decreases accordingly; as per the following table.

This is done per trading instrument; thus if a client has positions open across multiple instruments the leverage will be calculated separately on each forex symbol. For example, if a trader has 300 lots Buy on USDJPY and then starts trading EURUSD, his/her margin requirement for EURUSD will not be affected by the existing USDJPY positions.

The sum of the positions is calculated in the following way. Consider a trader has 300 lots Buy and 200 Lots Sell. To calculate the required margin, one would take the side with the largest volume (sum). In this example, the side with the largest exposure is the 300 Buy, and as such, 300 would be the value used in calculating the required margin. Furthermore, a trader with 6 positions of 50 lots Buy (or Sell), and a trader of a single position of 300 lots Buy (or Sell), would require the same margin; given their accounts have identical leverage settings.

Open LotsMaximum Leverage
0-100Max 1:500
100-200Max 1:200
200-300Max 1:100
300-500Max 1:50
500+Max 1:33

Payment Methods and Processing Times

Bank TransferVisa & MasterCardPaypal
SkrillNetellerUnionPay

Fund via the FxPro Wallet – a ground-breaking money and risk management tool

USD – $500EUR – €500GBP – £500 CHF – ₣500
PLN – zł500 AUD – $500JPY – ¥50,000 ZAR – 7000

FxPro Trading Platform

FxPro provide our clients with a wide range of desktop, web and mobile trading platforms including MetaTrader 4, MetaTrader 5, cTrader and FxPro Edge.

FxPro Contacts Details

Free from England 08000 463 050

Global Support (English) +44 (0) 203 151 5550

Live Chat Support

support@fxpro.com

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