FxPro is a globally recognized forex and CFD broker founded in 2006 and headquartered in London, United Kingdom. With nearly two decades of operations, the broker has built a solid reputation for reliability, transparency, and institutional-grade trading infrastructure. FxPro serves clients in over 170 countries and processes several hundred thousand trades monthly, with average monthly trading volumes exceeding $200 billion. This scale places it among the largest retail brokers worldwide. FxPro is particularly known for its strong multi-regulated status, holding licenses from the FCA, CySEC, FSCA, and SCB, which gives traders across different jurisdictions a high level of confidence. The broker offers a wide range of tradable instruments, including over 70 forex pairs, gold and other metals, energies, indices, shares, and cryptocurrencies via CFDs. Its platform suite is impressive, including MetaTrader 4, MetaTrader 5, and cTrader, with mobile and web versions optimized for modern trading. FxPro also offers a pure ECN account with raw spreads, alongside the standard account, catering to both scalpers and long-term traders. The broker’s commitment to innovation is reflected in its multiple industry awards for customer service, platform quality, and execution. However, its lack of copy trading and relatively modest educational offering are noticeable gaps compared to certain competitors. Overall, FxPro remains a powerhouse in the retail trading space, combining regulatory depth, technological excellence, and transparent pricing.
| Detail | Information |
|---|---|
| Founded | 2006 |
| Headquarters | UK |
| Regulated by | FCA,CySEC,FSCA,SCB |
| Min Deposit | $100 |
| Max Leverage | 500 |
| Platforms | MT4, MT5, cTrader |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | 0.45 pips | $3.50 | $3.95 | 1.40 pips |
| XAU/USD | 0.25 pips | $3.50 | $3.75 | 0.35 pips |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
FxPro provides a genuine swap-free Islamic account for traders who adhere to Sharia law, which prohibits earning or paying interest (riba). The account is available on both Standard and ECN account types and across all platforms, including MT4, MT5, and cTrader. Unlike some brokers, FxPro does not charge an administrative fee for converting to an Islamic account, and there is no hidden markup in spreads to compensate for the absence of overnight swaps. All positions held overnight are simply exempt from interest adjustments, making it a cost-effective option for long-term and position traders. To open an Islamic account, clients can request the conversion through their account management area or by contacting customer support. The swap-free feature is automatically applied, and traders can verify it by checking the swap rates displayed in the trading platform, which show zero for all currency pairs and other instruments. This transparent approach makes FxPro a preferred choice among Muslim traders looking for a compliant and fair trading environment.
| Feature | Details |
|---|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 0.45 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.25 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| FxPro (current) | $100 | 0.45 pips | Yes | No | 3.1 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
FxPro is a trustworthy and established global broker that has earned its place among the mid-to-upper tier of retail forex and CFD providers. Its primary strengths are regulatory credibility, platform diversity, and transparent pricing on the ECN Raw account. The multi-regulated status (FCA, CySEC, FSCA, SCB) provides a high level of safety, especially for clients in protected jurisdictions like the UK and EU. The $100 minimum deposit and generous leverage up to 1:500 make it easy for new traders to get started, while the ECN account with raw spreads appeals to experienced scalpers and algorithmic traders. However, FxPro is not without its weaknesses. The lack of copy trading is a significant drawback in an era where social trading is increasingly popular. The educational section is underwhelming, and the broker does not offer trading on real stocks or ETFs, which limits its appeal for stock-focused investors. Additionally, the absence of TradingView integration and 24/7 support reduces its competitiveness. Our overall score of 3.1/5 reflects a solid, safe, and reliable broker that performs well in its core areas, but it falls short of the most feature-rich and holistic brokers in the market. FxPro is best suited for forex and CFD traders who value regulation, quick execution, and platform variety over social trading tools and advanced education.