FxPro is one of the top MetaTrader brokers which offers the complete benefits of both MT4 and MT5. It is important to know whether this broker is really that good, or is it just a fake scam. We have specially prepared this article with the FxPro review for our readers.
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Is FxPro Safe?
Since 2006, the company has already been authorized by one tier-1 (FCA), three tier-2, one tier-3 regulator. FxPro does not operate a bank and is not publicly traded. Overall, this broker is trusted by many traders, and the 1.3 million registered users prove that.
What Does the Broker Offer?
At first, let us have a look at the possibilities FxPro offers. There are not many things you can invest your money here. The broker offers Forex Spot Trading with 69 currency pairs, 201 CFDs, and cryptocurrencies as CFDs/ It is also possible to copy the trades of others.
It is hard to tell the precise fees for the trades because they are quite variable. The total cost of a trade is near 1.27 pips, which consist of a 0.37 spread and a 0.9 commission for the EUR/USD pair.
Both MT4 and MT5 support the variable spreads. As an example, we once again take the EUR/USD currency pair. Here the spreads are 1.58 on market execution and 1.71 for instant execution.
FxPro offers the usage of both versions of the MetaTrader platform in the desktop and web versions. In addition, there is the cTrader platform, which gives various options that can suit any trading strategy.
An important part of trading is research. The FxPro official site offers several categories for high-quality research:
- Economic Calendar;
- Market Holidays;
- Market News;
- Regular Technical Analysis;
- Daily Outlook;
- Market Reviews.
These are not all the topics covered by FxPro. The experts are working there are always searching for the most important news to inform their clients as fast as possible about it.
Want to know more about other brokers? Then read our Maximarkets broker review and others to be aware of everything!
FxPro is one of the brokers that have a mobile application. It works with the same platforms that are available on PC. However, FxPro Direct makes trading unavailable in the mobile app. The cTrader and MetaTrader platforms give such a possibility.
This broker has also got a separate education section. It is targeted for both beginning and amateur traders that want to learn more about their field. The section is divided into general topics with some lessons and tests:
- Fundamental Analysis;
- Technical Analysis;
- Trading tests;
- Webinars and Events.
We really liked the availability of the Psychology section. It is very important!
FxPro Customer Reviews
In general, FxPro customer reviews are positive. Here are some examples.
Jeffrey mentions that he has been working with FxPro since 2017 and had no issues.
Sidor writes that the educational materials available on the website have really helped him to become a good trader.
We hope that we have helped you with your choice. If you have anything to add to this article, please let us know by leaving a reply below!