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Brokers · Review
FxPro Review (2026)
Is FxPro a good MT4 broker? An in-depth, honest look at its account types, real costs, platforms, regulation, and who it suits — with the trade-offs laid out plainly.
FxPro is a long-established, multi-regulated broker built around execution quality and an unusually wide choice of platforms — it's one of the few brokers to offer MetaTrader 4, MetaTrader 5, and cTrader side by side. Operating since 2006 and regulated across FCA, CySEC, FSCA, SCB, FxPro markets a no-dealing-desk model, publishes execution statistics, and lists 2,000+ instruments. In this FxPro review we go past the marketing — the account types, what it really costs, the platforms, deposits and withdrawals, exactly who gets which regulatory protection, and where it falls short — so you can decide if it fits. The minimum deposit is $100.
This is an editorial review — we cite FxPro's published data rather than claiming to have traded every account live. Our score below is the weighted result of five transparent criteria — regulation & trust, costs, platforms, accessibility, and support & education — explained in full in our editorial policy. The figures here are FxPro's published terms as of 2026; they vary by the FxPro entity that serves your country and by platform, and they change over time, so always confirm the current numbers on FxPro's own site.
Our score
Editorial score by Priya Nair, weighted across five criteria. How we score.
| Regulation & trust(30%) | 4.5 |
|---|---|
| Costs(25%) | 3.5 |
| Platforms(15%) | 5.0 |
| Accessibility(15%) | 3.5 |
| Support & education(15%) | 4.0 |
FxPro at a glance
| Founded | 2006 |
|---|---|
| Regulation | FCA, CySEC, FSCA, SCB (multiple entities; cover varies by region) |
| Minimum deposit | $100 (Standard / cTrader; Raw+ higher) |
| Spreads from | ~1.2 pips (Standard) · 0.0 pips + commission (Raw+ / cTrader) |
| Platforms | MT4, MT5, cTrader, plus the FxPro platform & app |
| Instruments | 2,000+ — forex, indices, metals, energies, shares, futures & crypto CFDs |
| Leverage | 1:30 (FCA/EU) · up to ~1:200 (FSCA) · up to ~1:500 (offshore) |
| Demo account | Yes — free, with virtual funds |
| US clients | Not accepted |
| Best for | Execution quality, Multi-platform |
FxPro account types compared
FxPro's retail line-up centres on three accounts plus a dedicated cTrader account. The Standard account bakes the whole cost into the spread (no commission) — the simplest option. Raw+ swaps that for near-zero spreads plus a commission, which usually works out cheaper once you trade meaningful volume. The cTrader account is similar on pricing but built on cTrader's order-book platform, and Elite layers volume rebates on top of Raw+ pricing for large balances. Minimum deposits step up with each tier.
| Account | Min deposit | Spreads from | Commission | Lot size | Best for |
|---|---|---|---|---|---|
| Standard (MT4/MT5) | $100 | From ~1.2 pips | None (built into the spread) | Standard (100,000 units) | Most traders; one all-in price |
| Raw+ (MT4/MT5) | ~$500 | From 0.0 pips | ~$3.50 per lot/side (~$7 round-turn) | Standard | Cost-aware and higher-volume traders |
| cTrader | $100 | From 0.0 pips | ~$4.50 per lot/side (~$9 round-turn) | Standard | Scalpers who want cTrader's depth-of-market |
| Elite | ~$30,000 | From 0.0 pips (Raw+ pricing) | Raw+ commission, minus volume rebates | Standard | Large-balance, high-frequency traders |
The headline minimum is $100, but the Raw+ and Elite thresholds, available leverage, and even which platforms you can open depend on the FxPro entity that serves your country. These are FxPro's published figures as of 2026 — confirm the exact terms for your account before signing up.
Costs & fees
FxPro sits mid-table on headline cost rather than being the outright cheapest. The commission-free Standard spread (from ~1.2 pips) is fair but not the tightest, while the Raw+ and cTrader accounts close most of the gap to dedicated raw-spread rivals. There are no FxPro deposit or standard withdrawal charges. Here's the full picture (FxPro's published figures; confirm current values):
| Cost | What to expect |
|---|---|
| Standard spread (EUR/USD) | From ~1.2 pips, no commission (all-in) |
| Raw+ spread + commission (EUR/USD) | From ~0.0 pips + ~$7 round-turn per lot |
| cTrader spread + commission | From ~0.0 pips + ~$9 round-turn per lot |
| Overnight swap | Charged on positions held overnight; swap-free (Islamic) accounts available on request (an admin fee can apply) |
| Deposit fee | None from FxPro on cards, e-wallets, PayPal, and bank transfer |
| Withdrawal fee | None from FxPro on standard methods; a small e-wallet fee can apply if you withdraw without trading |
| Inactivity fee | Reported around $5–$15 a month after ~6–12 months of no activity — confirm the current figure |
One caveat on spreads: the "from" figures are best-case. Based on FxPro's published averages, a typical Standard-account EUR/USD spread runs nearer 1.5–1.7 pips, while the Raw+/cTrader raw spread is often around 0.5 pips before commission — so the real all-in cost is what matters, not the marketing minimum. Always check the live spread for the pairs you trade.
To compare like for like, add the commission to the raw spread and weigh it against the Standard all-in figure on your pairs: a Standard spread with no commission versus a Raw+ raw spread plus ~$7 round-turn. Work it out with our pip calculator and size positions with the lot size calculator.
Platforms
Platform choice is FxPro's standout strength. You get the full MetaTrader 4 and MetaTrader 5 terminals, cTrader (with depth-of-market and fast order execution that scalpers like), and FxPro's own platform and mobile app — across desktop, web, and mobile. Few brokers offer all three of MT4, MT5, and cTrader together, so if you want to keep your charts, indicators, and Expert Advisors while picking the execution model that suits you, FxPro is hard to beat on flexibility.
The honest counterpoint: breadth isn't the same as depth. Each platform here is the standard third-party build (or FxPro's competent in-house one) rather than a uniquely powerful proprietary terminal, so you're choosing FxPro for choice and execution, not for a one-of-a-kind charting suite.
Execution & order model
Execution is FxPro's central pitch. It markets a no-dealing-desk (NDD) model — meaning it routes orders to market rather than taking the other side as a market maker — and publishes execution statistics such as average fill speed and the share of orders filled without re-quotes. For active traders, that focus matters: it's the difference between getting the price you clicked and watching it slip in a fast market. FxPro also offers aggregated pricing from multiple liquidity providers, which is what lets the Raw+ and cTrader accounts quote near-zero raw spreads.
Two honest caveats. First, an NDD model doesn't eliminate slippage or the chance of an off-quotes error in volatile conditions — no broker can. Second, "execution quality" is partly a marketing term; the figures FxPro publishes are its own, so treat them as a strong signal rather than an audited guarantee, and judge it yourself on a demo before committing real capital. For most traders the practical win is the combination of NDD routing with cTrader's order book, which together suit scalping and Expert Advisor strategies that are sensitive to fills.
Deposits & withdrawals
Funding is straightforward. FxPro supports bank wire transfer, credit/debit cards (Visa, Mastercard), PayPal, and e-wallets (Skrill, Neteller), plus region-specific local methods — with no fees charged by FxPro on standard options. Card, PayPal, and e-wallet deposits are typically instant; bank wires take longer. Withdrawals are usually processed quickly (often within one business day) back to your original method. One thing to watch: if you withdraw via certain e-wallets without having traded, a small provider-style fee can apply. Available methods depend on your country, so check the cashier (the FxPro Vault).
Safety & regulation
This is the part to read carefully. FxPro holds licences across FCA, CySEC, FSCA, SCB — a genuinely strong line-up at group level — but the protection you receive depends entirely on which FxPro entity onboards you, and that's decided by your country of residence:
- UK residents — served by FxPro UK Limited under the FCA, with eligibility for the Financial Services Compensation Scheme (FSCS) and a 1:30 retail leverage cap.
- EU/EEA & South Africa — typically served by FxPro Financial Services Ltd under CySEC (with the EU Investor Compensation Fund) and the FSCA; 1:30 in the EU, up to ~1:200 under the FSCA.
- Most other international clients — onboarded under FxPro's offshore entities in Seychelles (FSA) or the Bahamas (SCB). These keep client money in segregated accounts and generally offer negative-balance protection, but they are not covered by an investor-compensation scheme like the FSCS or ICF.
FxPro's FCA and CySEC licences are real, but they protect the clients of those specific entities. If you're outside the UK/EU/South Africa, your account is most likely with an offshore entity that has no compensation scheme — your safety net is fund segregation and negative-balance protection, not a payout guarantee if the firm fails. Before depositing, confirm exactly which entity your application is under, look the licence up on that regulator's own register, and read the terms — see our guide to checking a broker is regulated.
Support & education
FxPro offers 24/5 multilingual customer support via live chat, email, and phone, and has a solid reputation for responsiveness — fitting for an execution-focused broker whose clients are often active during market hours. Its education and research lean toward tools and analysis — market news, an economic calendar, trading insights, and platform tutorials — rather than the sprawling beginner academies some rivals run. It's useful general material, not personalised advice, so treat it as learning, not a signal service.
How to open an FxPro account (and demo)
Setting up takes only a few minutes:
- 1. Check your entity. FxPro routes you to the entity for your country, which sets your account types, leverage, and the protections that apply.
- 2. Register. Open a free demo to test MT4, MT5, and cTrader, or a live account from $100.
- 3. Verify your identity. Live accounts need ID and proof of address (standard KYC) — a quick, one-time step.
- 4. Fund it (or skip for a demo). Deposit by card, PayPal, e-wallet, or bank transfer; a demo needs no deposit.
- 5. Download MT4 and log in. Use your login number, password, and server — our FxPro MT4 download guide has the full walkthrough.
Pros and cons
Pros
- Rare three-platform choice — MT4, MT5, and cTrader — plus FxPro's own platform
- Multi-jurisdiction regulation (FCA, CySEC, FSCA, SCB) and a long track record since 2006
- No-dealing-desk execution focus, with published execution statistics
- No FxPro deposit or standard withdrawal fees; fast funding incl. PayPal
- Raw+ and cTrader accounts give genuinely competitive raw-spread pricing
- 2,000+ instruments across seven asset classes; free demo on every platform
Cons
- Not available to US residents
- Higher $100 minimum than budget brokers, and no cent/micro account for tiny starts
- Many international clients fall under an offshore entity with no compensation scheme — tier-1 FCA/FSCS cover isn't universal
- Standard-account spreads aren't the tightest; the raw accounts need volume to pay off
- An inactivity fee applies after a period of no activity
- Education is lighter than the big beginner-focused brokers
Who FxPro is for
Choose FxPro if you're an active or intermediate trader who values platform choice and execution quality — the MT4 + MT5 + cTrader line-up and the Raw+/cTrader pricing make it a strong fit for scalpers and EA users who want flexibility without jumping brokers. UK and EU clients also get the reassurance of FCA/CySEC oversight with compensation-scheme cover.
Weigh it carefully if you're a complete beginner who wants the smallest possible starting balance, or you're an international client who specifically needs tier-1 compensation cover — check which entity you'd be onboarded under first. A useful next step is the head-to-head FxPro vs Pepperstone comparison, which pits FxPro's platform breadth against a raw-spread specialist. For traders who want choice of platform and a serious execution focus on MT4, FxPro remains one of the more capable all-rounders.
Bottom line
FxPro is a capable, well-regulated, execution-focused broker whose standout card is platform breadth — getting MT4, MT5, and cTrader under one roof is rare, and the raw accounts price competitively for active traders. It isn't the cheapest on headline spreads, it asks a higher $100 minimum, and — crucially — its strongest regulatory protections apply only to the clients of its FCA/CySEC/FSCA entities, while many international traders are served offshore without a compensation scheme. Know which entity you're signing up with, and FxPro is a solid pick for traders who value execution and choice; if rock-bottom cost or the strongest possible safety net is your priority, weigh the raw-spread brokers or a tier-1 alternative first.
Open an account with FxPro
Try MT4, MT5, and cTrader on a free demo and judge the execution for yourself before going live from $100.
⚠ Trading forex and CFDs is high-risk and most retail traders lose money. This is not financial advice.
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Related guides
Compare FxPro with the field in our best MT4 brokers guide, or see the best MT4 broker for beginners if you're just starting out. Head-to-head: FxPro vs Pepperstone. Ready to set up? Follow the FxPro MT4 download guide.
Frequently asked questions
Is FxPro a scam or is it legit?
FxPro is a long-established, regulated broker — not a scam. It has operated since 2006 and runs licensed entities under the FCA (UK), CySEC (Cyprus), the FSCA (South Africa), and the SCB (Bahamas), each of which you can verify on the regulator's own public register. The 'scam' label really belongs to unregulated or fake brokers. Regulation is a baseline, not a guarantee of profit: trading is high-risk and most retail traders lose money.
Is FxPro regulated and safe? Do I get FCA protection?
FxPro holds tier-1 and tier-2 licences at group level (FCA, CySEC, FSCA, SCB), which is a strong line-up. But the protection you personally receive depends on which entity onboards you, and that's set by your country. UK residents are served by FxPro UK Limited (FCA, FSCS-eligible); most EU/EEA and South African retail clients by FxPro Financial Services Ltd (CySEC + FSCA, with ICF cover in the EU); and many international clients by FxPro's offshore entities in Seychelles (FSA) or the Bahamas (SCB), which keep client funds segregated but are not covered by an investor-compensation scheme. Check which entity your application falls under before you deposit.
What are FxPro's account types?
FxPro's main retail accounts are Standard (all-in spreads from ~1.2 pips, no commission, $100 minimum), Raw+ (raw spreads from ~0.0 pips plus a commission of about $3.50 per lot per side, around a $500 minimum), and Elite (Raw+ pricing with volume rebates, aimed at large balances of roughly $30,000+). A separate cTrader account offers raw spreads from ~0.0 pips with a commission of about $4.50 per side ($9 round-turn). These are FxPro's published figures as of 2026; confirm current specs on FxPro's site.
How much does it cost to trade with FxPro?
On the Standard account you pay no commission and spreads from about 1.2 pips, with typical EUR/USD nearer 1.5–1.7 pips in normal conditions. The Raw+ and cTrader accounts flip the model — near-zero spreads (EUR/USD often around 0.5 pips) plus a commission of roughly $7–$9 round-turn per lot — which can be cheaper for higher volume. FxPro doesn't charge deposit or standard withdrawal fees, but an inactivity fee (reported around $5–$15 a month) applies after a period of no activity. These are FxPro's published figures; confirm the current numbers.
What platforms does FxPro support?
FxPro is one of the few brokers to offer MetaTrader 4, MetaTrader 5, and cTrader, alongside its own FxPro platform and app, across desktop, web, and mobile. That breadth — including cTrader's depth-of-market — is a genuine strength for traders who want platform choice. See our MT4 download guide to get set up.
Does FxPro accept US clients?
No. FxPro does not accept residents of the United States. US traders need an NFA/CFTC-regulated broker such as OANDA, tastyfx, or Forex.com.
What leverage does FxPro offer?
It depends on the entity that serves your country. Retail clients under the FCA (UK) and CySEC (EU) entities are capped at 1:30 on major forex pairs under FCA/ESMA rules; FSCA (South Africa) clients can go up to around 1:200; and clients under FxPro's offshore entities can access up to about 1:500. FxPro also uses dynamic leverage that tightens as your position size grows. Higher leverage magnifies losses as much as gains.
Does FxPro offer MetaTrader 4?
Yes. FxPro offers MetaTrader 4 on desktop, web, and mobile, plus MT5 and cTrader. MT4 suits traders who rely on its huge library of indicators and Expert Advisors. See our FxPro MT4 download guide for the full walkthrough.
Trading foreign exchange and contracts for difference (CFDs) carries a high level of risk and may not be suitable for all investors. Leverage can work against you as well as for you. You could lose some or all of your deposited funds; do not trade with money you cannot afford to lose. Past performance is not indicative of future results. Nothing on MT4Download.com is financial, investment, or trading advice. Consider your circumstances and seek independent advice if needed.