No Bonuses or Promotions
FxPro thinks of itself as a leader in the forex industry. First established in 2006, it has earned several prestigious rewards up till now. Among them are Best FX Broker, Best Trading Platform, Best FX Service and others. The company is regulated by FCA and CySEC and unlike other brokers their headquarters are actually located in London, specifically under the address 13/14 Basinghall Street, City of London, EC2V 5BQ.
The company assures through its website that all withdrawal requests are processed within 1 working day by the company’s Finance department. However, keep in mind that it takes some time for the funds to be transferred back to your account depending on the method of payment which you used.
Customer service team is available 24 hours a day, 5 days a week. FxPro offers careful support in 18 languages. Each representative has been trained to handle all customers inquiries in the best way possible.
The major plus about FxPro is that you are able to choose: aside of extremely popular MT4, they also include MT5, FxPro Markets and cTrader. Among other positive features are:
- Scalping strategies are permitted
- Tight spreads, high liquidity
- Negative Balance Protection
- Daily market overview, analysis and support to ensure that all decisions are being made based on coherent and related information
Forex is a main product but contracts are also available for precious metals, shares, energies, indices and futures.
Nevertheless, we would like to place a warning for about FxPro as we encountered evidence that non-clients were being paid to leave fake positive reviews for FxPro. According to Forex Peace Academy multiple highly suspicious reviews were noticed in January 2014. FPA requested to hear from CEO of the company and waited until October 2016 for the reply in which the company refused to allow FPA to have an email exchange with CEO.
Broker FxPro Website URL http://www.fxpro.com/ Founded 2006 Headquarters UK Support Number +44 (0) 203 151 5550 Trading Platform MetaTrader4| MetaTrader5| cTrader| FxPro Markets Minimum 1st Deposit $100 Minimum Account Size MT4-account ?$500; ECN-account ? $1000 Minimum Trade Amount MT4-account ? 0.1 lot; ECN-account ? 10.000 lots Bonus No Bonuses or Promotions Leverage from 1:1 to 1:500 Spread MT4-account - from 0.8 pips; ECN-account - from 0 pips Free Demo Account Open Demo Regulation CySEC, FCA, FSB US Traders Allowed Hours Yes Mini Account 100 Swap Accounts Yes *** Auto Trading Yes Affiliate Program: Yes Expert advisors: Yes Free Education: Yes Other Instruments Futures, Shares, Spot Indices, Spot Metals and Spot Energies Decimals 5 Overall Score 1.5