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Ratings

Overall Star Star Star Star
Commissions & Fees Star Star Star
Customer Service Star Star Star Star Star
Tools & Research Star Star Star
Ease of Use Star Star Star Star Star
Investment Offering Star Star Star Star
Education Star
Mobile Trading Star Star Star Star Star

Trade Commissions

Forex Trades* $3.73
Clearing Method* Market Maker
Broker Assisted* $0.00
Min. Deposit $500.00
Min. Contract Size Mini
Max. U.S. Leverage N/A
Max. Int'l Leverage 500:1

Typical Spreads

  • EURUSD1.5
  • GBPUSD1.9
  • USDJPY1.3
  • USDCHF2.1
  • AUDUSD1.6

Highlights

  1. Deposit funds in up to 5 different currencies.
  2. CFD trading allows exposure to stock, futures, and metal markets.
  3. Manage your account, deposits, & withdrawals easiliy online.

Account Features

  • Virtual Trading
  • No Minimum Deposit
  • No Maintenance Fees
  • No Dealing Desk
  • Online Trader Community
  • Investment Education

Mobile Trading

  • iPhone App
  • iPad App
  • BlackBerry App
  • Android App
  • Mobile Site

Customer Service

  • Phone Support
  • Email Support
  • Live Chat Support
  • 24/7 Customer Support

Trade Types

  • Stock Trading
  • FOREX Trading
  • Futures Trading

FxPro Forex Review

Forex Broker Review

 

Likes - 110 Trade-able instruments, unique in-house market commentary and analysis, several mobile trading solutions, deposit funds in up to 5 different currencies.

Dislikes - No online trader community, no educational material, no micro lot trading.

Bottom Line - FxPro has a very professional approach and offers an overall great trading experience.  Compared to the rest of the industry, FxPro's spreads are definitely on the narrower side.  When you consider the fact they don't charge a commission, this makes for a cost effective broker with substantial knowledge of the forex industry.

FxPro is an online broker that was founded in 2006 and is is headquartered in Limassol Cyprus.  FxPro also has locations in the U.K., Spain, Germany, Italy, France, Portugal, Russia and Austria.  FxPro truly caters to the international customer; they have customer support available in 13 languages, accept deposits in 5 currencies, have customers in 120 countries, and offer trading on 110 products.

Our FxPro review provides trade platform screenshots, detailed commissions information, and online broker ratings.

Commission Notes

By default, FxPro accounts are set up to charge no commission and they are compensated through the bid ask spread.

Spreads - FxPro offers one data feed and fortunately, the spreads are narrow compared to others in the industry.  Because FxPro doesn't charge a commission and has tight spreads, this makes for a comparatively low priced trading experience.

Micro Account - FxPro currently does not offer micro lot trading.

FxPro was reviewed by StockBrokers.com on 2011-06-01 with an overall rating of 4 Stars.

FxPro Trading Platform

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