Broker comparison
TIO Markets vs FxPro
Tio Markets and FxPro are both retail brokers that traders frequently shortlist together. Rather than declaring a winner, this page gives you a structured checklist so you can verify what each broker currently offers in your country, on your account type, and for the instruments you actually plan to trade. Broker terms change often, so treat every figure you see on third-party sites, including this one, as a starting point that must be confirmed against the brokers' own legal documents.
TIO Markets
Current broker data
- Rating
- 4.8 / 5
- Minimum deposit
- $50
- Regulator labels
- FCA
- Markets listed
- Forex, Metals, Energy, Stocks, Indices +2
- Editorial status
- High-attention notice
Editorial notice
TIO-branded entities have multiple distinct regulatory matters. UK: TIO Markets UK Limited remains FCA-authorised (Firm Reference Number 488900), but the UK Financial Conduct Authority has issued two clone-firm advisories — "TIO Market Trading" at tiomarkets-trading.com dated 28 September 2023 (FCA: https://www.fca.org.uk/news/warnings/tio-market-trading-tiomarkets-tradingcom-clone-fca-authorised-firm) and "TIO PreMarkets" at tiopremarkets.com dated 22 July 2024 (FCA: https://www.fca.org.uk/news/warnings/tio-premarkets-tiopremarketscom-clone-fca-authorised-firm). Both are described by the FCA as "not authorised by us but … contacting people pretending to be an authorised firm." Cyprus: TIO Markets CY Ltd (Cyprus Investment Firm licence 429/23, originally authorised 10 April 2023) is under examination for voluntary renunciation of its CySEC authorisation (CySEC register: https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/96336/). The genuine FCA-authorised UK entity operates at www.tiomarkets.uk. Readers should verify the domain and Firm Reference Number against the FCA Register before depositing.
FxPro
Current broker data
- Rating
- 4.8 / 5
- Minimum deposit
- $100
- Regulator labels
- FCA, CySEC, FSCA, SCB +1
- Markets listed
- Forex, CFDs on Indices, CFDs on Energies, CFDs on Metals, Shares +1
- Editorial status
- No current notice
How to read this comparison
The facts below come from InvestorTrip's current broker database and linked review pages. They are a screening aid, not a claim that a broker is available, cheaper or safer for every country, account type or legal entity.
Step 1: Verify trading costs on both brokers
Headline spreads and commission figures published in marketing pages rarely tell the full story. For Tio Markets and FxPro alike, the real cost of a trade depends on the account type you open, the instrument you trade, the time of day, and any non-trading fees applied to your account. Before funding either broker, pull the current fee schedule and contract specifications from each broker's website and compare them line by line for the specific symbols you trade most.
Key checks: Check spread and commission structures separately for each account type, not just the account promoted on the homepage.; Confirm overnight financing (swap) rates for the instruments you plan to hold beyond a single session.; Look for non-trading costs such as inactivity fees, deposit or withdrawal charges, and currency conversion fees.; Note the date on every fee document you read, since schedules are revised periodically..
Step 2: Confirm regulation and the entity you would sign with
Brokers commonly operate multiple legal entities under different regulators, and the entity assigned to you depends on your country of residence. The protections, leverage caps, and complaint routes available to you can differ substantially between entities of the same brand. When comparing Tio Markets and FxPro, identify exactly which legal entity would hold your account and read that entity's client agreement, not a summary written for another region.
Key checks: Identify the specific legal entity and regulator that applies to residents of your country for each broker.; Verify the license number directly on the regulator's public register rather than relying on the broker's website alone.; Read the client agreement for details on segregation of client funds and any compensation scheme eligibility.; Check whether negative balance protection applies to your entity and account type..
Step 3: Test platforms, execution and support before committing
Even when two brokers look similar on paper, the day-to-day experience can differ in order execution, platform stability, and support responsiveness. Open a demo account with both Tio Markets and FxPro, place the order types you actually use, and note how each platform handles them. Then read our Tio Markets review and FxPro review for the full field-by-field breakdown, and use the compare broker tool to run the two side by side in one workflow.
Key checks: Use demo accounts to test the order types, charting tools, and instruments you rely on.; Contact support at both brokers with a real question and compare response quality and speed.; Confirm minimum deposit, base currency options, and withdrawal processing terms in writing.; Cross-check your findings against the full reviews and the interactive comparison tool on InvestorTrip..
Verdict
Neither Tio Markets nor FxPro is a universal choice. Shortlist the one whose verified fee schedule, regulatory entity, and platform behaviour fit your specific trading needs after completing the checklist above and confirming current terms in each broker's own documents.