FxPro Journal
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FxPro Profile
Website
Year
2002
Country
UK
Branches
5
Regulation
FCA UK
Registration
FCA UK, CySEC Cyprus, SCB Bahamas, FSCA South Africa, DFSA UAE
Investor protection
Fund protection
UK Financial Services Compensation Scheme (FSCS)
Publicly traded
no
Restricted in
Not serving
х Canada, Iran, US
Broker type
MM, STP
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
14 ms
LPs total
...
LPs quality
Tier-1 Banks
LPs names
not disclosed
FxPro Accounts
MM
STP
Minimum Deposit
1000 $
1000 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.5 pips
1 pips
Commission
0 $/lotRT
0 $/lotRT
Volume
Unlimited
Unlimited
Margin Call
50 %
50 %
Stop Out
50 %
50 %
Execution
Instant
Market
Spread
fixed
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, PayPal, Neteller
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 72 months
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- Full listing profile: FxPro broker profile
Is FxPro safe?
- Investor protection: UK Financial Services Compensation Scheme (FSCS)
- Regulation: FCA UK
- Registration: FCA UK, CySEC Cyprus, SCB Bahamas, FSCA South Africa, DFSA UAE
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is FxPro trusted?
- Information transparency: limited
★★ - Customer service: prompt, helpful
★★★★★ - FxPro website: uninformative, updated
★★ - FxPro popularity (by visitor count): top visited
★★★★★
How FxPro works
All client orders are executed anonymously with No Dealing Desk* intervention. (* Subject to our Order Execution Policy).
Our trading servers are co-located and cross fiber connected with Tier 1 banks who provide liquidity via our proprietary aggregator Quotix.
Though FxPro does use STP technologies, we classify ourselves as NDD in accordance to our method of order execution. FxPro is a true No Dealing Desk Execution broker, meaning that we execute client orders with no dealing desk intervention.
https://www.fxpro.com/pricing/model
CFDs and Spread Bets are derivative products traded off-exchange (or Over-the-Counter (‘OTC’)); this means FxPro is at all times the counterparty to the Client trades and any CFD trades entered into with the Firm, can only be closed with us. Your ability to open and/or close trades is dependent on the availability of our trading platform(s).
FxPro is the sole counterparty to all Client trades and the Firm may profit from any Client losses.
FxPro is the sole counterparty to all Client trades and the Firm may profit from any Client losses.
https://www.fxpro.com/documents/risk-disclosure
FxPro is the sole counterparty to all Client trades and the Firm may profit from any Client losses.
3. 1. FxPro UK Limited and FxPro Financial Services Ltd. are both subsidiaries of FxPro Group Limited. FxPro UK Limited utilises FxPro Financial Services Ltd. as it sole execution venue.
3. 2. FxPro UK limited enters into all client trades as matched-principal, which means that we match all clients trades with FxPro financial Services Ltd., which may profit from client losses.
3. 1. FxPro UK Limited and FxPro Financial Services Ltd. are both subsidiaries of FxPro Group Limited. FxPro UK Limited utilises FxPro Financial Services Ltd. as it sole execution venue.
3. 2. FxPro UK limited enters into all client trades as matched-principal, which means that we match all clients trades with FxPro financial Services Ltd., which may profit from client losses.
https://s3.eu-central-1.amazonaws.com/files-mrkt/datarepo/legal/uk/fxprouk-rts28.pdf
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