The forex market is packed with brokers, each promising the best trading experience. But with all the noise, how do you know which one’s actually worth your time?
Fxpro, for example, offers MT4, MT5, cTrader, and access to FxPro Direct. Regulated by top authorities and known for fast execution, it sounds solid—but is it?
We checked everything from FxPro login to minimum deposit, demo accounts, and withdrawal time.
Here’s what you need to know before making your first deposit.
What is FxPro? Is It Regulated?
FxPro has been in operation since 2006, providing traders with access to forex, stocks, indices, and more through popular trading platforms. With millions of traders using its brokerage service, it’s built a reputation as a serious player in the trading space.
Yes, it is regulated by several top-tier authorities.
But does that tell the whole story? Let’s unpack what those licenses really mean for your trading journey.
Dig Deeper to Fxpro Licenses and Regulation
| Jurisdiction | Regulator | License Number |
| United Kingdom | Financial Conduct Authority (FCA) | 509956 |
| Cyprus | Cyprus Securities and Exchange Commission (CySEC) | 078/07 |
| South Africa | Financial Sector Conduct Authority (FSCA) | 45052 |
| Bahamas | Securities Commission of The Bahamas (SCB) | SIA-F184 |
| Seychelles | Financial Services Authority (FSA) | SD120 |
The operations are authorized, supervised, and monitored by top-tier financial regulators. Specifically, it’s regulated by the FCA and CySEC, two of the world’s most reputable financial regulators.
These ensure client fund segregation, negative balance protection, and investor compensation schemes.
Additionally, its multi-license setup enables them to operate in different markets while adhering to the specific compliance requirements of each jurisdiction.
Licenses from SCB (Bahamas) and FSA (Seychelles) give flexibility to offer higher leverage globally. Although these are considered Tier 2 or Tier 3, both regulators have tightened their rules in recent years.
South Africa’s FSCA adds credibility to the SA financial market, offering legal recognition for South African traders and enforcing conduct standards.
However, even if its regulated, but be wary of FxPro clone firms pretending to be the real deal. They often use fake websites and logos to scam traders. Always verify you’re on the official site before logging in or depositing.
Read more: How to Identify FxPro Legitimate and Clone Firms in 2025
Brief Summary of Everything You Need to Know About Fxpro
Fxpro deposits and withdrawals methods
It offers various deposit and withdrawal options. Available options include bank transfers, credit/debit cards, PayPal, Neteller, Skrill, and UnionPay.
Deposits are free and typically processed within 10 minutes to 1 business day.
Withdrawals are also free. Cash-out requests are typically processed within 1 business day, except for bank transfers, which may take 3–5 business days.
Fxpro Cost and Fees, Commissions and Spread
The fee structure varies by account type.
Standard accounts have no commission with spreads starting from 1.4 pips; Raw+ and cTrader accounts offer tighter spreads from 0.0 pips but charge a commission of $3.50 per lot per side.
There are no deposit or withdrawal fees, but inactivity fees apply after six months of no trading activity.
Fxpro leverage ratios
It provides leverage up to 1:200 for retail clients, depending on the instrument and account type. Professional clients may access higher leverage levels, subject to eligibility criteria.
FXPro Account Types: Download for Mobile and PC
MetaTrader 4 (MT4)
The MT4 is renowned for its user-friendly design, one-click trading capabilities, and over 50 technical indicators.
Available on Windows, Mac, iOS, Android, and the web, it’s ideal for both new and experienced traders.
Read More: 5 Best Brokers for MT4 (MetaTrader 4) in South Africa
MetaTrader 5 (MT5)
MT5 is a more advanced version of MT4. This predecessor in the MetaTrader platform has 38+ indicators, 44 chart tools, and extra order types like stop limits.
It supports Depth of Market economic calendars and is available for download on desktops, Android devices, and iOS devices.
cTrader
cTrader offers Level 2 Depth of Market, 55+ indicators, and advanced charting tools.
It’s built for pro traders and available on desktop, mobile, and web for full trading flexibility.
Read more: cTrader vs MT4: Which Forex Platform is Better in 2025?
Real FXPro Reviews: What Traders Are Saying in 2025?
What are the Pros?
The broker provides transparent pricing, competitive spreads, and fast execution speeds, which traders appreciate.
Its strong 24/5 multilingual customer support, including a physical office in London, adds reliability. The broker also supports algorithmic trading and VPS hosting, making it a solid choice for tech-savvy traders.
What are the Cons?
The educational resources are quite basic and may not fully satisfy traders seeking in-depth learning materials. Commissions on cTrader and MT4 Raw Spread accounts can be too costly for high-volume or active traders like scalpers.
Additionally, MetaTrader 5 does not support hedging, which can limit some trading strategies. The platform’s mobile charting and research tools are functional but less advanced than their desktop counterparts.
See What Real Traders Say About FxPro on CommuniTrade
In a market filled with noise and empty hype, finding genuine user experience matters. Inside CommuniTrade, you’ll find seasoned traders sharing unfiltered insights—especially when it comes to brokers like FxPro.
Dive into discussions, weigh the pros and cons, and see if it stands the test of real-world trading. Sometimes, the best due diligence starts by joining the right community.
FXPro Demo Account: Practice Trading Risk-Free
Opening a demo account lets you trade with virtual funds, giving you a risk-free way to learn market analysis and test strategies. It’s free to register and helps you get comfortable with platforms before risking real money.
The setup is straightforward—you can start without opening a live account; just provide basic info to access the demo. While its tools are robust, the platform suits advanced traders more, so beginners might find some features a bit complex at first.
Frequently Asked Questions About FXPro
How Do I Delete My FXPro Account?
You need to contact customer support directly to close your account. This is a common standard in online trading, as most brokers require a formal request for security and regulatory reasons.
This ensures that all pending trades and withdrawals are handled properly.
Is FXPro an ECN Broker?
FxPro is not an ECN broker. It offers market execution with no dealing desk but operates mainly as a market maker and liquidity provider, especially on MetaTrader platforms.
ECN features are limited to certain account types, such as the cTrader platform; however, it does not strictly fit the definition of an ECN broker.
Is FXPro Good for Beginners?
It offers demo accounts and user-friendly mobile apps that help beginners get started. However, its educational resources are limited compared to those of its competitors, with a low education rating of 1.8/5.
Beginners may find it useful but should seek additional learning elsewhere.
Can I Use FXPro in South Africa?
Yes, FxPro accepts South African clients and offers a minimum deposit option tailored to the region. The minimum deposit in South Africa is 1,700 ZAR.
Local payment methods are supported, enabling smooth account funding and withdrawals.
Conclusion: Is Fxpro Legit and Worth It in 2025?
FxPro is a legit broker with solid regulation and a strong platform lineup, making it a reliable choice for many traders. However, its fee structure and advanced tools might not suit everyone, especially beginners weighing minimum deposit and platform options, such as MT5.
To stay sharp and connected in the trading world, consider joining communities like CommuniTrade. It’s a smart way to keep updated, share insights, and grow your skills without the heavy sales pitch—just real trader support.
