What We Tested
- Account type: FxPro MT4 Fixed Spread ($500 starting balance for test)
- Platform: cTrader and MT4
- Trading period: 4 months, 95 trades executed
- Pairs tested: EURUSD, GBPUSD, Indices CFDs
- Withdrawal tests: 3 successful (Credit Card, Skrill, Bank Wire)
- Support tests: 4 inquiries via live chat
Testing focused on verifying the NDD execution quality across multiple platforms (MT4 vs cTrader) and fee transparency.
Regulation & Safety
FxPro operates under a solid regulatory framework, including the Tier-1 FCA and the Tier-2 CySEC:
- FCA (UK) – Tier-1 regulator. Client money covered up to £85,000 by the FSCS.
- CySEC (Cyprus) – Tier-2 regulator. Client money covered up to €20,000 by the ICF.
- FSCA (South Africa) – Local oversight, providing regional trust.
- SCB (Bahamas) – International entity for non-EU/UK clients.
How licences work and what offshore routing changes: Offshore Brokers: Jurisdiction Risk · How Regulated Brokers Scam Legally
Spreads & Execution
| Pair/Asset | MT4/MT5 Avg Spread | cTrader Raw Avg Spread | Commission (cTrader) |
|---|---|---|---|
| EUR/USD | 1.2 pips | 0.3 pips | $9.00/lot RT |
| GBP/USD | 1.7 pips | 0.5 pips | $9.00/lot RT |
| Indices (S&P 500) | 0.9 points | 0.9 points | $0 |
| XAU/USD (Gold) | 25 pips | 15 pips | $9.00/lot RT |
Standard MT4/MT5 accounts are commission-free with markup. cTrader account offers raw spreads but charges a high commission.
Execution Quality (Tested)
- Execution Model: NDD (No Dealing Desk) on all platforms.
- Fill Reliability: High. Average execution speed is acceptable (~40-60ms).
- Requotes: Extremely rare. FxPro focuses on guaranteed execution at quoted prices.
- Speed: Acceptable for day trading, though not ultra-fast ECN speed.
The No Dealing Desk model is transparent and reliable. Execution quality is high, minimizing conflict of interest, but the spread cost is higher than aggressive ECN rivals.
What sits behind these execution numbers: Slippage and Latency · Anatomy of an Order · Trading terms glossary
Unrivaled Platform Variety (MT4, MT5, cTrader)
FxPro offers a unique level of choice, supporting the three leading retail platforms simultaneously:
- MT4/MT5: For the vast EA and indicator library.
- cTrader: For the professional ECN interface and speed.
- FxPro Edge: For proprietary analysis and spread betting (UK).
- Benefit: A trader can test which ECN environment (cTrader vs. MT5) suits their EA best without switching brokers.
That platform breadth is a major advantage. Serious traders get every industry tool under one regulated umbrella.
Account Types & Fees
Standard-type account
- Min deposit: $100
- Spreads: From 1.2 pips (markup included)
- Commission: $0
- Best for: General traders, simplicity, commission-free trading.
Raw-spread account
- Min deposit: $100
- Spreads: From 0.0 pips (avg 0.3 pips)
- Commission: $9.00/lot RT (High)
- Best for: cTrader users, scalping (despite high commission).
Other Fees
- Deposit fees: $0 (all methods)
- Withdrawal fees: $0 (all methods, including wire transfer)
- Inactivity fee: $15/month after 12 months of no trading/logins.
- Swap rates: Standard overnight financing applies.
Deposits & Withdrawals (Tested)
FxPro's zero-fee funding policy is highly client-friendly:
| Method | Amount | Processing Time | Fees | Notes |
|---|---|---|---|---|
| Credit Card/Debit Card | $300 | 1 business day | $0 | Return to source policy |
| Bank Wire | $1,000 | 2-5 business days | $0 | FxPro covers all fees |
| PayPal/Skrill/Neteller | $200 | Same day (4 hours) | $0 | Fastest methods tested |
How payout problems start at weaker brokers: Withdrawal Blocking Patterns
Platforms & Tools
- MetaTrader 4 & 5 (MT4/MT5): Full support for EAs and custom indicators.
- cTrader: Professional ECN platform with depth of market and advanced tools.
- FxPro Edge: Proprietary platform for spread betting and CFDs.
Our Take: FxPro's platform flexibility is a major strength. Traders pick the environment that suits their style: MT4, MT5 or cTrader.
Customer Support (Tested)
FxPro offers multilingual 24/5 support:
- Live Chat: 24/5, highly responsive, professional staff.
- Phone Support: Dedicated global lines (high quality).
- Quality: Support quality is high, consistently handling account and platform questions well, reflecting its premium status.
The 24/5 support is robust and highly professional, consistently scoring high in client satisfaction.
PROS
- Strong Regulation: Tier-1 FCA, plus CySEC and FSCA
- Zero fees on all deposits and withdrawals (broker covers costs)
- Unparalleled platform flexibility (MT4, MT5, cTrader)
- Transparent NDD (No Dealing Desk) execution
- Long operational history (since 2006) and high trust
- Fast processing of withdrawals (same day for e-wallets)
CONS
- High commission on raw-spread account ($9.00 RT)
- Spreads on commission-free account are wide (1.2 pips min)
- Execution speed is NDD, not ultra-fast ECN/STP (~5ms)
- Inactivity fee applies after 12 months.
Who Is FxPro For?
- Great fit: Traders who want a choice of MT4, MT5 and cTrader. They also want FCA and CySEC oversight, plus zero funding fees.
- Good fit: Traders with large capital who need NDD execution reliability.
- Not ideal: Algorithmic traders and scalpers focused on commission cost. The $9 RT fee is uncompetitive against rivals charging $4-5.
Final Verdict
FxPro is a highly respected, veteran broker (since 2006) that excels in transparency and platform choice. Its core promise-NDD execution across all platforms-is highly valuable, minimizing the conflict of interest inherent in hybrid models.
The broker’s commitment to client cost savings on funding is exceptional, offering zero fees on all deposits and withdrawals. This is a major client-friendly feature.
However, the cost of trading is FxPro's main drawback. While the commission-free account is simple, the $1.2 pip spread is wide. The raw spread cTrader account charges a high $9.00 RT commission, well above industry leaders. High-volume ECN traders pay for that directly.
How this score is calculated: Our testing methodology