FxPro Broker

Founded in 2006, FxPro is a global online brokerage firm based in the United Kingdom. Over the years, the broker has earned a solid reputation for offering competitive trading conditions, transparency, and an array of financial instruments. FxPro’s goal has always been to provide clients with an exceptional trading experience, backed by innovation and a strong commitment to customer service. The firm is regulated in multiple jurisdictions, including the UK (FCA), Cyprus (CySEC), and other regions, ensuring compliance with high standards.

FxPro is regulated by leading financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Board (FSB) in South Africa. These regulatory bodies ensure that FxPro operates in a secure and compliant manner, offering protection to clients through industry-standard practices such as segregated client accounts. FxPro ensures that all client funds are held in segregated accounts, completely separate from the company’s operational funds. This provides a layer of protection to clients in case of any financial difficulties. Additionally, the broker is a member of the Financial Services Compensation Scheme (FSCS) in the UK, providing insurance for clients up to a certain amount in case of insolvency.

FxPro offers competitive spreads starting from 0.6 pips on major currency pairs like EUR/USD. In addition to the spread, traders may be charged a commission on certain accounts, such as Pro or cTrader accounts. The commissions are typically lower than the spread costs found on Standard Accounts. Swap rates are charged on positions held overnight and vary depending on the instrument being traded. FxPro provides real-time information on swap rates, allowing traders to manage their positions more effectively. Swap rates can be either positive or negative, depending on the direction of the trade and the market conditions. FxPro charges an inactivity fee on accounts that have been dormant for a certain period, typically 6 months. This fee is common in the industry to cover the administrative costs of maintaining dormant accounts.