Here is a brief overview of the trading accounts offered by FxPro. Remember that all accounts offer leverage of 1:200 for most users, while more advanced users can avail leverage of 1:10,000. All accounts have a minimum trade size of 0.01, margin calls at 60%, and stop-outs at 50%. Also, Islamic trading accounts have the option of not paying or receiving swap fees.

Standard

This is the basic account that most new users opt for. The initial minimum deposit is $100, making the standard account perfect for novice traders. Average spreads are 1.5 pips for forex, 30 cents for gold, and $40 for Bitcoin. A standard account has access to both MetaTrader 4 and 5.

Pro

The pro account requires an initial deposit of at least $500. The primary benefit compared to the standard account are the lower spreads: 1 pip for forex, 25 cents for gold, and $20 for Bitcoin. However, you can only use MetaTrader 4 on the pro account.

Raw+

The initial deposit for the Raw+ account is $500. The Raw+ account charges $3.5/side over the raw trading price for forex, having an average spread of 0.2 pips. The average spread is 15 cents on gold and $20 on Bitcoin trades. The Raw+ account offers both MetaTrader 4 and 5 platforms.

Elite

Those who deposit $30,000 in less than two months after signing up can get the FxPro Elite account. The account is essentially the same as Raw+, but it offers rebates (starting at $1.5 for every lot) to the trader. The Elite account is ideal for traders that trade large volumes.

Trading commissions:

FxPro does not charge any commissions on the majority of its accounts, relying purely on the aforementioned spreads. Only cTrader accounts have to pay $45 for every $1 million traded (on both open and close). However, cTrader accounts do tend to have lower spreads.

Non-Trading Fees:

When it comes to fees, FXPro does not charge anything on deposits. FXPro also offers free withdrawals unless you are withdrawing funds without having traded with them. In this case, there will be a small fee ranging from 2-2.6% depending on the payment method used. There might also be third-party charges for certain withdrawal methods (e.g., bank charges on wire transfers or e-wallet transfer fees).

FxPro has three different versions of its website, each regulated by a different entity. As such, each of them offers different deposit and withdrawal methods.

• FxPro UK Ltd. (FCA) offers bank transfers, broker to broker transfers, and credit cards (Visa, maestro, and mastercard). The UK version is by far the most limited in terms of payment methods.
• FxPro Financial Services Ltd. (CySEC) offers everything the UK version offers and PayPal, Skrill, and NETELLER.
• FxPro Global Markets Ltd. (SCB) offers everything the UK version offers along with Skrill and NETELLER.

One thing to note is that traders can only withdraw using the method they used to deposit the funds. In case the specific method has been fully refunded (e.g., you can only withdraw up to the amount you deposited using a credit card), users can then utilize wire transfers or previously used e-wallets.

All deposit and withdrawal requests are processed by FxPro within one working day. However, there might be a delay in receiving the funds depending on the withdrawal method used. For example, e-wallets usually only take a few minutes, while international wire transfers can take up to five business days.

FX Pro offer’s a wide range of trading platforms. In addition to the industry standard platforms, MetaTrader 4 and MetaTrader 5 they also offer cTrader.

Furthermore, FX Pro has also developed their own platform called “FX Pro Edge”. The Edge platform allows traders to execute trades on both their desktop or mobile devices. We have found it to be a great alternative to MetaTrader.

FxPro offers 24-hour support, five days a week (in line with the markets being open). However, it also has a dedicated 24/7 team for cryptocurrencies. Clients have a number of ways to get help on the brokerage:

• Live chat is available on the FxPro website at all times.
• Traders can request a call back from the support team at their convenience.
• FxPro offers a toll-free number for local calls in the UK.
• Phone support is available in select countries such as Cyprus, Monaco, and the Bahamas.
• Traders can also create a support request by emailing the team.
• FxPro offers a lot of guides in the form of FAQs, videos, and PDFs that can assist traders in learning how to use the brokerage and troubleshoot basic issues.

FX Pro also offer’s it’s client some other cool features:

• A demo account is offered for traders to test their strategies.
• Mobile apps for both iOS and Android.
• An education platform for novice traders to learn the ins and outs of the profession.
• Latest news along with signals for trading.
• A Virtual Private Server (VPS) for automated trades and ultra-fast execution times (T1 fiber connection to liquidity providers).