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FxPro Review

FXPro is an international Forex, CFD and Spread Betting broker. The company provides access to major markets like currencies, stocks, indices, precious metals, energy products and even cryptocurrencies. As well as offering hundreds of products to trade, FxPro offers a wide range of trading platforms to trade them on. FxPro has multiple licenses around the world including the UK and is considered to be one of the leading brokers in the world.

FxPro Does Not Accept U.S. Clients

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Trading Platforms

While most brokers stick to just one platform, FXPro offers four trading platforms in total. These are MetaTrader 4, MetaTrader 5, cTrader and FXPro Markets. FXPro offers over 285 different instruments to trade, including over 75 currency pairs.

 

MetaTrader Platforms

The MetaTrader platforms are the most popular and broadly used forex trading platforms in the world. FxPro offers both the MetaTrader 4 and MetaTrader 5 platform. Both of these platforms come with a variety of trading tools including an advanced charting package with an extensive library of technical analysis indicators. In addition, the MetaTrader platforms are highly customizable and also supports automated trading.

 

cTrader Platform

Many forex sites consider cTrader as a relatively new trading platform, that’s a stretch considering cTrader was first launched by FxPro ten years ago. cTrader was designed for ECN Forex and CFD trading. The platform is becoming more popular among the online trading community. cTrader is available on desktop, web browser and iOS and Android. The key benefit of trading on cTrader is the fact that it offers access to full market depth. With orders on the cTrader filled based on VWAP (Volume-Weighted Average Price).

 

FxPro Regulation and Licenses

FxPro is well known to operate under high standards and maintains multiple licenses with the most trusted forex regulatory bodies. The rules laid down by financial services regulators ensure that all forex traders have access to fair trading conditions. FxPro is supervised by five Forex regulatory bodies and is authorized to provide services to dozens of counties. FxPro licenses include:

 

  • Financial Conduct Authority (FCA) in the UK (registration number FRN 509956)
  • Cyprus Securities and Exchange Commission (CySEC) in Cyprus (license number 078/07)
  • Financial Sector Conduct Authority (FSCA) in South Africa (authorization number FSP 45052)
  • Dubai Financial Services Authority (DFSA) in UAE (reference number F003333)
  • Securities Commission of The Bahamas (SCB) (license number SIA-F184)

 

Customer Support

FxPro provides customer support in a wide range of languages including Arabic, Chinese, English, French, German, Hungarian, Romanian, Turkish, Czech, Slovak, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, and Vietnamese. Wherever you are trading from, there is a good chance that an FxPro customer representative speaks your language.

 

Conclusion

For many, FxPro may seem like a great broker to trade with. However, one of the major downsides of FxPro is that the company does not accept U.S. or Canadian clients. For North Americans, we suggest Brantford Capital, a leading forex broker which offers leading online trading services to traders anywhere in the world.