FxPro is an investment company headquartered in the UK. The broker provides the ability to trade Contracts for Difference (CFDs) in currencies, stocks, futures, energies, and precious metals to retail and institutional clients.
- Real-time news
- Powerful trading tools
- Multilingual customer support
- Free deposit and withdrawal
- High trading fees for some CFDs
- Weak educational materials
FxPro is a broker with one of the best customer services, which also includes multilingual support 24 hours, 5 days a week. Its customers and potential users have access to live chat, and you can also call their customer support team for free in the UK, France, Germany, UAE and Russia. If you live in London, you’re in luck, as you can even visit their office in-person.
Our team was interested in this broker, and so we conducted a detailed check and tested their trading platforms. You can read our conclusion on FxPro below.
FxPro – Who Are They?
FxPro was founded as EuroOrient Securities & Financial Services Ltd in 2006, in Cyprus. The company has opened several offices worldwide, including in Austria, France, Spain, and Russia. In 2010, the company was licensed by the UK’s Financial Conduct Authority (FCA) and opened a London office. In the same year, the company received the “Forex Provider of the Year” Award at the Financial Times Investors Chronicle Investment Awards 2010.
The broker has superior trading tools, including analytical and research ones, which are at their best. Furthermore, FxPro boasts strong charting and drawing tools. Also, the broker offers a macroeconomic calendar to keep track of important events that usually impact the market.
FxPro offers traders a wide range of investment products, including 70 currency pairs, as well as over 150 different stocks. This undoubtedly provides clients with ample opportunities to trade in different markets.
Compare FxPro Features With Other Brokers
Our Opinion About FxPro
We consider FxPro to be a trusted broker. In addition to regulation in many countries, including the UK, the broker participates in the Financial Services Compensation Scheme (FSCS), which means, in the event of FxPro’s insolvency, their clients will get compensation. Moreover, their users have negative balance protection, so its customers will not lose more money than they have invested.
The broker really cares about its traders and their development. Some additional benefits are webinars that are available in different languages and news in real-time.
When it comes to providing educational materials, this is an area the broker can improve on. For example, they do not have a special education centre for new traders. Also, the broker provides little information on forex trading. A glossary of CFD terms and training videos are an advantage, but the latter requires some work.