FxPro Forex Broker
Interested in an honest FxPro Forex Broker review?
Let’s find out more about the facts that make FxPro such a special & reliable broker that is trusted by thousands of traders. A vast amount of licenses and unstained reputation is that makes FxPro is a reliable brokerage in the Forex industry. Within more than 10 years of its existence FxPro created many wonderful products and just perfect trading services. In this review we will tell you more about the main reasons to choose FxPro as your broker. A few things have changed in FxPro. Find out if it is still a reliable choice in FxPro review!
FxPro Forex Broker General Review
In 2006 Denis Sukhotin and an experienced financial team founded FxPro – an independent Forex brokerage. Since its foundation FxPro has developed to a highly effective investment broker that helps its customers to handle their capital on the most liquid market – Forex. FxPro offers not only trading of currency pairs, but also gives a wide choice of different financial products: shares, CFDs, Indices, Futures and Metals. FxPro is one of the most awarded brokers It has clients in more than 100 countries This broker’s customer support works 24 hours to satisfy the needs of every single customer FxPro Forex broker has many other advantages too, let’s check the 3 most important ones below! Firstly, it has a few branches in different countries in Europe. This includes Cyprus, Austria, UK, Greece, Russia and more to come soon. For the years of its development it has created a strong corporate culture and a reliable reputation. Almost all orders executed at FxPro are filled within less than 1.5 seconds, and the spreads are as tight as the possible could be. Secondly, FxPro is authorized and regulated by the FCA (Financial Conduct Authority), CySEC (Cyprus Securities and Exchange Commission) and also follows strict industry standards. When it comes to liquidity providers, FxPro cooperates with many large banks, among them: Credit Suisse AG, Barclays Bank PLC and Royal Bank of Scotland. All of them are the guarantee of the security of customers’ funds. Thirdly, FxPro negative balance protection system is real. Yes, that’s right. After the SNB event in January 2015 this is quite a relevant feature for many traders. FxPro negative balance protection is something that assures you are not going to lose more than you actually have deposited.
Even though FxPro was a reliable broker before, at the moment we would not recommend you to sign up with it. This broker does not offer quality bonuses. Additionally, overall quality of services decreased over time dramatically.
FxPro Review of Trading Accounts
FxPro broker offers both live trading and demo accounts. For MetaTrader4 platform this broker offers 2 types of accounts: with fixed or with floating spread. All other platforms have only one account so you don’t have to puzzle over thinking about what account to choose. Part of professional traders name FxPro best forex broker, since it offers the best possible terms under every account.
When opening your account, you have to choose from the list of the most popular currencies (USD, GBP, EUR, AUD, CHF, PLN and JPY). Spreads start here from 0 (at cTrader platform) and go as high as 1.2 pips at MetaTrader platform.
There is no minimum deposit that ranges per account, so you can just select the account that is mostly suitable for you.
FxPro Reviews of Trading Platforms
FxPro review recons that its trading platforms are a great solution for those who just begin with trading and also for professionals with the years of experience. These platforms are reliable, fast and secure. Lowest spreads, smallest commissions and speedy ECN execution make these platforms so popular among FX traders.
Here is the list of FxPro broker platforms:
- Famous MetaTrader 4 platform
- FxPro SuperTrader
- ECN platform – cTrader,
- FxPro MetaTrader 5
This is quite a powerful composition of the software, as FxPro platforms allow you comfortably trade from a browser via cTrader at one account, while accessing an extensive amount of the instruments on MQ platforms.
FxPro Broker Reviews of Customer Support
Customer support is ready to help you 24/7/365 and will speak to you in more than 10 most popular languages, including English, Spanish, Chinese, Arabic, Greek, German, Hungarians, Polish and others. You can contact customer support managers via email, phone or live chat.
The quality of a customer support depends varies. Sometimes they are able to help you and sometimes they are just unwilling to do anything.
FxPro Forex Broker Deposits and Withdrawals
FxPro review must say that this broker provides really rapid deposits and withdrawals. You can withdraw or deposit money using a variety of the methods:
- debit or credit cards
- Bank Wire Transfer
- and more, depending on your country.
In most cases if you send your request for withdrawal till 4pm GMT, you will have your request processed on exactly the same day. But if you send your withdrawal request after this time, your request will be processed the next day. Minimum amount of initial deposit is 500.00 USD or EUR. You can also deposit an equal amount in other popular currencies as GBP, CHF, PLN or AUD.
FxPro Review Conclusion
FxPro is a credible and secure broker that has a lot of loyal clients worldwide. It has developed convenient and innovative trading platforms and always keeps abreast with the most recent updates in trading. FxPro can also offer one of the best client support that makes communication in many different languages and in a helpful way. FxPro does not bother you with a big range of available accounts. It collected all the necessary functions in a few ones and delivers you trading as good as it could possibly be. All these features say only one thing – we can name FxPro best Forex broker and Forex Trading Bonus recommends it!
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